Bank 'Gloomier' As Economy Woes Hit Markets

The Bank of England's chief economist has spoken of his concerns for the UK's economic outlook as it writhes in both "agony and ecstasy" alongside weaker global growth. Andy Haldane told a business audience the Bank may need to keep interest...

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Virgin Money Delays Float Amid Market Chaos

By Mark Kleinman, City Editor Virgin Money is extending the timetable for its £2bn stock market listing because of market volatility which has prompted the collapse of several high-profile City deals. Confirming a report by Sky News the bank, which...

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UK Banks To Take Forex Fines Hit Within Weeks

By Mark Kleinman, City Editor Some of Britain's biggest banks will set aside hundreds of millions of pounds in the next few weeks as they prepare to settle with regulators after a probe into the manipulation of foreign exchange markets. Sky News...

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Apple Unveils New iPads And Launches Apple Pay

Apple has launched two new iPads - featuring Touch ID fingerprint sensors and a camera 'burst mode'. The iPad Air 2 and iPad Mini 3 were unveiled by Apple hours after their details were apparently leaked by mistake on the technology giant's website....

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Global Markets Q&A: What Is Causing The Fall?

Volatile trading has continued into a second day after weak growth reports sparked a big sell-off earlier this week. But what has caused the markets to get jittery? :: Why are markets plunging? Good question. As ever with global markets, there's...

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Bank 'Gloomier' As Economy Woes Hit Markets

The Bank of England's chief economist has spoken of his concerns for the UK's economic outlook as it writhes in both "agony and ecstasy" amid weaker global growth. Andy Haldane told a business audience the Bank may need to keep interest...

16.01 | 0 komentar | Read More

Jobless Total Back Below Two Million Mark

The latest unemployment figures show the jobless total below the two million mark for the first time since 2008. The Office for National Statistics (ONS) said unemployment fell by 154,000 in the three months to August to 1.97 million, with the jobless...

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Shire Shares Slump 27% As AbbVie Hesitates

Shares in FTSE 100 pharmaceutical firm Shire have fallen 27% on opening amid renewed doubts that AbbVie's proposed takeover will go ahead because of new US tax rules. Investors took flight - wiping £8.5bn from Shire's value in a matter of minutes...

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Apple And Facebook Pay To Freeze Staff Eggs

Facebook and Apple are giving female staff the opportunity to delay plans to start a family by paying for them to freeze their eggs. The firms are covering up to $20,000 (£12,600) for the procedure and annual storage costs, according to reports. ...

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Ireland To End Regime Of Cheap Corporation Tax

By David Blevins, Ireland Correspondent Ireland is poised to signal the end of a controversial scheme that has enabled multinational companies to drastically reduce the amount of tax they pay. Sources claim the country's finance minister, Michael...

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Twitter: Bank To Use Social Media To Send Cash

By Tom Cheshire, Technology Correspondent One of the largest banks in France will today unveil plans to let its customers - and those of other banks - send money through Twitter. Groupe BPCE will be the "first banking group to offer individuals a...

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Over-55s To Use Pension Pots Like Bank Accounts

People reaching the age of 55 are to be given more flexibility over what they can do with their pension pots as they approach retirement. Chancellor George Osborne will announce today that the over-55s will be able to withdraw several lump sums instead...

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Road Hauliers In Christmas Deliveries Warning

By Lisa Dowd, Midlands Correspondent Hauliers are warning that a national shortage of lorry drivers could hit deliveries to shops and stores in the run-up to Christmas. They say the cost of obtaining a licence and strict EU rules are putting off...

16.02 | 0 komentar | Read More

Osborne Puts Stake In Eurostar Up For Sale

Chancellor George Osborne has said the Government is seeking bidders for its 40% stake in the Eurostar rail service to help reduce Britain's public sector debt pile. Potential buyers have until the end of the month to make expressions of interests....

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FTSE 100 Directors' Earnings Up 21% In A Year

A steep rise in long-term incentives meant directors at FTSE 100 companies earned 21% more in the last financial year, a report has found. The study by employment research specialists Incomes Data Services (IDS) suggests average annual earnings for...

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FTSE Slips To One-Year Low On Growth Fears

The FTSE has closed at its lowest level in nearly a year with a crisis of confidence over the global recovery. It came as there were warnings about a triple-dip recession in the Eurozone at the IMF's annual conference in Washington. Data from Europe's...

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Fears UK Will Be Hit By New Euro Recession

By Ed Conway, Economics Editor, in Washington The euro crisis is back. But this time it's different. That's the general gist of the discussions at the International Monetary Fund meetings in Washington this week. For this time around the meetings...

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Road Hauliers In Christmas Deliveries Warning

By Lisa Dowd, Midlands Correspondent Hauliers are warning that a national shortage of lorry drivers could hit deliveries to shops and stores in the run-up to Christmas. They say the cost of obtaining a licence and strict EU rules are putting off...

16.01 | 0 komentar | Read More