Asda To Cut More Than 1,350 Jobs Within Weeks

Asda is to cut a total of 1,360 within the next three months, it has been confirmed. The supermarket chain, which is owned by US-based Walmart, had previously said there would be job losses but it did not reveal the number of cuts. The plan will affect...

16.01 | 0 komentar | Read More

Amazon Under Scrutiny Over EU Tax Affairs

Online retail firm Amazon is facing a potential investigation by EU officials over its Luxembourg tax hub. The EU's competition commission has demanded that the country's Grand Duchy hand over documents of the tax status given to Amazon, including any...

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Dow Jones Closes Above 17,000 For First Time

The US stock index made up of some of the biggest global firms has closed at above 17,000 for the first time ever. Shares soared after a US jobs report showed unemployment was at its lowest rate in six years. The government said on Thursday morning...

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Flexible Isas Offer £15,000 Tax-Free Saving

Some of the barriers to saving with Individual Saving Accounts (Isas) have been stripped away from today as they become more flexible and the annual allowance rises. Savers will be able to stash up to £15,000 each year - money they can hold in stocks...

16.02 | 0 komentar | Read More

BNP Paribas Fined $9bn For Sanctions Busting

French bank BNP Paribas has agreed to pay a fine of $8.83bn (£5.16bn) after pleading guilty to sanction-busting charges in a New York court. According to prosecutors, the bank evaded sanctions imposed by the US by facilitating transactions involving...

16.02 | 0 komentar | Read More

Data Roaming Charges Cut By More Than Half

By Tom Cheshire, Technology Correspondent The cost of accessing the internet on your phone abroad in EU countries falls by more than half today, with a new cap on data roaming charges. The tariff, introduced by the European Commission, limits the...

16.02 | 0 komentar | Read More

Juncker 'Committed To Addressing UK Concerns'

Jean-Claude Juncker has told David Cameron he is "fully committed" to addressing the UK's political concerns in Europe. The pair spoke after the Prime Minister telephoned Mr Juncker to congratulate him on securing the nomination for the EU's top job....

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BNP Paribas Fine To Be Announced In US Court

French bank BNP Paribas is expected to be hit with the biggest ever fine against a European bank later today, stemming from violations of United States law. The US Justice Department will reveal the settlement, believed to total almost $9bn (£5.3bn),...

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Mortgage Approvals Fall To 11-Month Low

UK mortgage approvals have dropped to their lowest level since June last year, according to the Bank of England. It said 61,707 loans were agreed in May, down from the April figure of 62,806. New capping rules, known as the Mortgage Market Review,...

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Parcelforce Starts Seven-Day Delivery Service

Parcelforce, the express parcels business of Royal Mail, will today become the first national parcels carrier in Britain to deliver on Sundays. The business said it anticipates the new service will be of particular benefit to online shoppers. Among...

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Rates 'May Return To Pre-Recession Levels'

Homeowners should expect interest rates to return to their pre-recession levels within a decade, the Deputy Governor of the Bank of England has warned. Last week the Bank's Governor Mark Carney suggested that even once borrowing costs rise, the "new...

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All Staff Get Rights To Work From Home

By Emma Birchley, Sky News correspondent The right to request flexible working arrangements is about to be extended to apply to all staff and not just parents and carers. From Monday, workers who have been in their job for six months will be able...

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