Jump to content


The great interest rate rip off part 10


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 2559 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Deal struck over BHS pension scheme

 

 

 

 

Former owner Sir Philip Green agrees a £363m cash settlement with the Pensions Regulator.

 

  • 28 February 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Sick cats prompt Pets at Home recall

 

Pets at Home says four varieties of its cat food have caused "collapse, fitting and twitching".

 

  • 28 February 2017
  • From the section Business

 

 

 

 

 

 

 

Live Business Live: BHS pension reaction

 

Sir Philip Green to pay £363m into a new scheme, India's GDP rises, defence stocks gain.

 

 

 

 

 

 

BT landline-only users set for price cut

 

  • 28 February 2017
  • From the section Business
  • comments

 

 

UK 'must insulate 25 million homes'

 

  • 28 February 2017
  • From the section Business
  • comments

 

 

Millions of eggs lose free-range status

 

  • 28 February 2017
  • From the section Business

 

 

 

 

 

'Bikini airline' soars in public listing

 

  • 28 February 2017
  • From the section Business

 

 

Osborne: Don't cut UK off from EU trade

 

  • 28 February 2017
  • From the section UK Politics
  • comments

 

 

Indian growth slows at end of 2016

 

  • 28 February 2017
  • From the section Business

 

 

Go-Ahead profits hit by Southern strikes

 

  • 28 February 2017
  • From the section Business

 

 

Pension age 'could rise above lifespan'

 

  • 28 February 2017
  • From the section UK Politics
  • comments

 

 

Greggs sales up as it warns on inflation

 

  • 28 February 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Waterstones under fire for secret shops

 

  • 27 February 2017
  • From the section Business
  • comments

 

 

 

 

Sony launches super-slow-motion phone

 

 

 

 

 

Features & Analysis

 

 

 

Car wars

 

Could a battle over data lead to higher repair costs?

 

  • 28 February 2017
  • From the section Business

 

 

 

 

 

Love your job

 

How to avoid a mid-career crisis

 

  • 27 February 2017
  • From the section Business

 

 

 

 

 

Innovation, Ikea style

 

How the Billy bookcase took over the world

 

  • 27 February 2017
  • From the section Business

 

 

 

 

 

 

 

'I never felt it was mine'

 

The multi-millionaire who is giving his business away

 

  • 27 February 2017
  • From the section Business

 

 

 

 

 

Smart vision

 

'Robbed of sight, I want to help the blind see'

 

  • 26 February 2017
  • From the section Business

 

 

 

 

 

'The pips are squeaking!'

 

How six shopkeepers feel about business rates

 

  • 24 February 2017
  • From the section Business

 

 

 

 

 

 

Our Experts

 

India says UK free trade deal will take years

 

India's finance minister warns formal talks will only start once the Brexit process is finished.

27 February 2017

 

Kamal Ahmed Economics editor

Philip Green keeps promise to 'sort' pension problem

 

Sir Philip makes good on his pledge to fix the BHS pension deficit - but still faces a fight to "sort" his reputation.

28 February 2017

 

Simon Jack Business editor

Why does Saudi Arabia invest in Southeast Asia?

 

Saudi Arabia announces a $7bn investment in a Malaysian oil project, the first deal on an Asian tour.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

  • Replies 7.7k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

How will Donald Trump pay for his $54bn US military spending splurge?

 

The US President has promised Medicare and Social Security will not be touched. But even wiping out the entire budgets of the Environmental Protection Agency and that of the State Department would not cover the increase

 

 

 

 

 

Sir Philip Green makes £363m payment to BHS’s pension scheme

 

 

 

 

 

 

 

 

 

 

Denmark cuts food waste by 25% in 5 years with the help of one woman

 

In the past five years Denmark has become one of the leading European countries in the fight against food waste

 

 

 

 

 

 

MoneySuperMarket's not strutting any longer. Why that's bad news

 

 

 

 

 

 

Nissan may 'adjust' its business in the UK despite earlier assurances

 

 

 

 

 

 

Woman who picked up £20 she found on the floor gets criminal record

 

Ms Bailey pleaded guilty to theft

 

 

 

 

 

 

 

 

Uber executive Amit Singhal resigns over sexual harassment allegations

 

Employees who were 'top performers', allowed to get away with unacceptable behaviour, current and former staff claim

 

 

 

 

 

 

No government bond bubble says new Bank of England Deputy Governor

 

One of Ms Hogg’s responsibilities will be to sell back the £430bn of gilts the Bank has acquired since 2009 back into the bond market

 

 

 

 

 

 

 

 

Millions of UK eggs lose free-range status after bird flu measures

 

Under strict European Union rules, all birds which have been kept indoors for more than 12 weeks can no longer be market with the free range label

 

 

 

 

 

 

JPMorgan software does in seconds what took lawyers 360,000 hours

 

A new era of automation is now in overdrive as cheap computing power converges with fears of losing customers to startups

 

 

 

 

 

Asda will be selling 'free-range' milk starting from tomorrow

 

 

 

 

 

A 26-year-old CEO breaks down the worst job hunting advice

 

 

 

 

 

 

BMW considers moving production of electric Mini to Germany from UK

 

BMW manufactures more than 200,000 Mini cars a year at the plant in Oxford alone and employs more than 24,000 people in Britain

 

 

 

 

 

 

 

 

Samsung chief to be charged for bribery, perjury as scandal deepens

 

Company's top boss Jay Y Lee Lee will also be charged with committing perjury before parliament, prosecutors said

 

 

 

 

 

 

Landline-only BT customers to see monthly bills cut

 

Ofcom also said that it was also ‘proposing safeguards to prevent BT from making future increases to line rental and landline call costs by more than inflation’

 

 

 

 

 

 

 

Teenagers blame parents for 'poisoned legacy' of Brexit

 

The results come as part of a wider survey that has led teens to be labelled “Generation Angst” for their concerns over Brexit, the economy and society

 

 

 

 

 

UK firms call for Brexit to be delayed if a trade deal isn't struck

 

 

 

 

 

Donald Trump attacks on New York Times have sent subscriptions soaring

 

 

 

 

 

 

Newham draws curtain on Lobo loans scandal, but we'll be here again

 

The council will make big savings with a deal to switch to more sensible borrowing. But local authorities will be tempted by similar schemes until we have a grown up conversation about how to pay for services and infrastructure we both need and value.

 

 

 

 

 

 

 

Women 'partly to blame for lack of female board members'

 

Saffron Energy went public on the London stock exchange last week

 

 

 

 

 

Bitcoin has smashed a record high. Here's what you need to know

 

 

 

 

 

Car insurance to rise £75? Don't believe the hype

 

 

 

 

 

 

Consumer confidence falls in February

 

The latest net balance reading from the GfK Consumer Confidence Index for February fell to -6, down from -5 in January

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Sports Direct's Mike Ashley buys Agent Provocateur

 

Agent Provocateur was founded by Vivienne Westwood’s son in 1994 and quickly grew into a global brand popular with celebrities including the Kardashians

 

 

 

 

 

Hard Brexit will 'open Pandora's box' for UK businesses says CBI boss

 

 

 

 

 

 

 

 

 

 

You're probably working the equivalent of months without pay

 

The survey, based on responses from 2,000 people in full time salaried or hourly employment, showed that regionally Londoners are putting in the most overtime—an average of 9.6 hours a week

 

 

 

 

 

 

Your one good reason for avoiding healthy food has finally disappeared

 

 

 

 

 

 

Carlos Slim could run for Mexican President after Trump cost him $16bn

 

 

 

 

 

 

PPI: Victory for bankers as FCA time bars claims

 

If a thief stole an heirloom, they wouldn’t get to keep it if you only discovered the theft years later. But the rules work differently in financial services

 

 

 

 

 

 

 

 

Gustav Klimt painting sells for £48m at Sotheby's

 

Combined sales for the evening hit £194.7m, an increase of 108 per cent on the figure from the equivalent event last year

 

 

 

 

 

 

Banks have paid $321bn fines since financial crisis with more to come

 

European and Asian regulators need to catch up with more aggressive US regulators

 

 

 

 

 

 

 

 

Fears Quorn mince contains 'small pieces of metal'

 

Some 12,000 packs are affected by the recall

 

 

 

 

 

 

Construction grows in February but inflation still strong

 

The Markit/CIPS Purchasing Managers' Index rose to 52.5, up from 52.2 in January, with any reading above 50 signalling growth

 

 

 

 

 

US dollar spurred by expectations of a Federal Reserve rate rise

 

 

 

 

 

McDonald's could soon start delivering to your home

 

 

 

 

 

 

Yahoo CEO Marissa Mayer has bonus chopped after massive cyber hack

 

Ms Mayer also offered to waive the right to a sizeable annual equity award for this year – an offer that the board accepted

 

 

 

 

 

 

 

 

Snapchat owner debuts on Wall Street valuing company at £19bn

 

Snap is the first US social media company to go public since Twitter did so more than three years ago and it is the largest IPO since Alibaba’s in 2014

 

 

 

 

 

 

Eurotunnel, Russel Hobbs, Facebook: Business news in brief, Thursday 2

 

Channel Tunnel owner hails best ever year; kitchen gadgets maker reveals stock market flotation; social network beefs up suicide protection

 

 

 

 

 

 

 

Giant pandas mate for the first time in four years

 

Gives hope for new panda baby after Shin Shin's last cub died of pneumonia

 

 

 

 

 

The 9 most desirable places to live and work in England

 

 

 

 

 

Venezuela's foreign currency reserves down to just $10bn

 

 

 

 

 

 

Mike Ashley's Sports Direct could be about to buy Agent Provocateur

 

Agent Provocateur was founded by Vivienne Westwood’s son and is popular with celebrities including the Kardashians

 

 

 

 

 

 

 

Welfare cuts to drive another one million children into poverty

 

The IFS projects that the number of children in relative poverty will rise by 900,000 to 5.1 million by 2021-22 due to real-terms cuts in tax credits and work allowances

 

 

 

 

 

Businesses ill-equipped to deal with growing mental health crisis

 

 

 

 

 

Boots to close 220 of its 320 photo labs putting 400 jobs at risk

 

 

 

 

 

 

Toy giant Hasbro is trying to trademark the smell of Play-Doh

 

It describes Play-Doh’s particular smell as “a unique scent formed through the combination of a sweet, slightly musky, vanilla-like fragrance, with slight overtones of cherry, and the natural smell of a salted, wheat-based dough”

 

 

 

 

 

 

 

 

Uber's PR problems growing, but they aren't slowing its revenues

 

The company needs to give its drivers a fair shake, and the law must be invoked to ensure that happens, because bad PR isn't enough

 

 

 

 

 

London based start-up to launch device to tackle air pollution

 

 

 

 

 

Dow Jones index crashes through 21,000 hitting new record high

 

 

 

 

 

 

Financial Conduct Authority calls time on flotation sharp practice

 

The City watchdog says financial markets matter and wants them to work better. It's just a shame about how it chooses to explain that

 

 

 

 

 

 

 

Ford reportedly planning to cut 1,160 jobs at Bridgend factory

 

Ford made around one third of Britain's total output of 2.4 million engines at Bridgend in 2015

 

 

 

 

 

 

 

 

Warren Buffett’s rich history of using sex to explain finance

 

In 1985, Mr Buffett attempted to emphasise the importance of patience by using an off-the-wall reference to childbirth

 

 

 

 

 

 

 

Manufacturing continues to grow in February

 

The Markit/CIPS Purchasing Managers' Index gave a reading of 54.6, down from 55.7 in January but still well above the 50 mark that separates growth from contraction

 

 

 

 

 

 

London will attract 30% more of world's super-rich despite Brexit

 

The number of ultra-wealthy people living in the UK capital is expected to climb by 30 per cent to 6,058 over the next decade

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

How a Money-Losing Snap Could Be Worth $24 Billion

 

By JAMES B. STEWART 1:38 PM ET

 

Testing the upper limits of valuation, Snap’s investors are betting on the kind of rapid growth that few, if any, companies have ever achieved.

03STEWART-sfSpan.jpg

Lucy Nicholson/Reuters

 

A recruiter for the messaging app Snapchat at a technology job fair in Los Angeles in January.

 

 

 

03DB-SNAPCHAT1-thumbStandard.jpg

Snap Shares Leap 41 Percent in Trading Debut

 

By MICHAEL J. de la MERCED 11:39 AM ET

 

A successful start could revive a moribund market for new stocks and may draw out other private tech giants.

 

Deal Professor

 

db-dealprof-thumbStandard.jpg

In Snap’s I.P.O., Evidence of Bankers’ Strategy

 

By STEVEN DAVIDOFF SOLOMON

 

The pricing of the offering for the messaging service was carefully managed and timed to perfection.

 

 

 

More on Snap

 

 

 

 

 

 

 

 

 

 

The Upshot

 

02up-inflachart-1488409194143-thumbStandard-v3.png

What Booming Markets Are Telling Us About the Global Economy

 

By NEIL IRWIN

 

Shedding pessimism after seeming to be hopelessly trapped in a cycle of low growth and inflation.

 

 

03Harvard-thumbStandard.jpg

Harvard Ordered to Reveal Financial Records of Influential Donor

 

By STEPHANIE SAUL 12:40 PM ET

 

A federal judge ruled that Harvard must produce documents disclosing the bank accounts used by a wealthy alumnus, Charles C. Spackman, to send the university money.

 

03CHINARICH3-thumbStandard.jpg

Chinese Lawmakers’ Wallets Give Sweden’s G.D.P. a Run for Its Money

 

By SUI-LEE WEE 12:09 PM ET

 

The combined fortune of the wealthiest members of China’s Parliament, or the National People’s Congress, and its advisory body amounts to $500 billion.

 

02CoNFLICT-thumbStandard.jpg

More Than 80 Percent of Patient Groups Accept Drug Industry Funds, Study Shows

 

By KATIE THOMAS

 

About 80 percent of the top advocacy organizations received funds from industry sources, and sometimes failed to disclose their ties publicly.

 

00renminbi1-thumbStandard.jpg

For China’s Factories, a Weaker Currency Is a Double-Edged Sword

 

By KEITH BRADSHER

 

Chinese manufacturers once reaped big benefits from a falling renminbi, but heavy debt and intense competition now reduce the positive impact.

 

03CHROMEBOOKS1-thumbStandard.jpg

Apple’s Devices Lose Luster in American Classrooms

 

By NATASHA SINGER 12:00 PM ET

 

Over the last three years, iPads and Mac notebooks have steadily lost ground to Chromebooks, inexpensive laptops that run on Google’s Chrome operating system.

 

02yahoo-1-thumbStandard.jpg

Yahoo’s Top Lawyer Resigns and C.E.O. Marissa Mayer Loses Bonus in Wake of Hack

 

By VINDU GOEL

 

An investigation by the company’s board of directors found lawyers and security staff knew about the incident but failed to understand its significance.

 

The Upshot

 

up-credit-thumbStandard.jpg

Trump Picks a Side: How Tax Credits Would Work in a G.O.P. Health Plan

 

By MARGOT SANGER-KATZ

 

The issue is an important dividing line in the Republican caucus and represents a break from President Trump’s position during the campaign.

 

 

02DB-HEDGE-thumbStandard.jpg

Bridgewater Associates, World’s Biggest Hedge Fund, Shakes Up Leadership

 

By ALEXANDRA STEVENSON and MATTHEW GOLDSTEIN

 

Ray Dalio, its founder, will step down as co-chief executive, and Jon Rubinstein, a former Apple executive hired 10 months ago to be a co-chief executive, will leave.

 

F.C.C., in Potential Sign of the Future, Halts New Data Security Rules

 

By CECILIA KANG

 

The F.C.C. delayed data security rules requiring internet providers like AT&T and Comcast secure their customers’ data against hacking.

 

cnbc-exxon-thumbStandard.png

Darren Woods, Exxon’s New Chief, Begins to Make His Mark

 

By CLIFFORD KRAUSS

 

Mr. Woods, succeeding Rex W. Tillerson, is outlining ambitious growth plans for a company that is slow to change and hobbled by debt and market uncertainties.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Snapchat firm share price soars on debut

 

 

 

 

Shares in the owner of messaging app Snapchat jump around 40% in its opening minutes on Wall Street.

 

  • 2 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Mike Ashley firm buys Agent Provocateur

 

A firm linked to Mike Ashley, owner of Sports Direct, has bought the upmarket lingerie firm Agent Provocateur.

 

  • 2 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: Snap Inc jumps 40%

 

Snap shares pop within minutes of trading, Capita stock tumbles, Oil prices slide back.

 

 

 

Related content

 

 

 

 

 

House sellers 'should pay stamp duty'

 

  • 2 March 2017
  • From the section Business
  • comments

 

 

Financial crisis 'still squeezing incomes'

 

  • 2 March 2017
  • From the section Business
  • comments

 

 

PPI claims deadline is announced

 

  • 2 March 2017
  • From the section Business

 

 

 

 

 

Trump promises 'aggressive' trade action

 

  • 2 March 2017
  • From the section Business

 

 

Labour: Publish £1m earners' tax forms

 

 

 

Quorn recalls mince over metal risk

 

  • 2 March 2017
  • From the section Business

 

 

Call to relax wage rule for learning disabled

 

  • 2 March 2017
  • From the section UK

 

 

Capita boss to quit amid profit fall

 

  • 2 March 2017
  • From the section Business

 

 

Cement firm paid Syrian armed groups

 

  • 2 March 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Norway news site checks you read story

 

  • 2 March 2017
  • From the section Technology
  • comments

 

 

 

 

Lego to produce female Nasa set

 

  • 1 March 2017
  • From the section Europe

 

 

 

 

Features & Analysis

 

 

 

'It's getting tougher'

 

Australia's temporary workers' scheme under the microscope

 

  • 2 March 2017
  • From the section Business

 

 

 

 

 

Recipe for success

 

The growth of team-building cookery classes

 

  • 2 March 2017
  • From the section Business

 

 

 

 

 

'Don't change!'

 

Fans hope Snapchat will stay cool after stock market listing

 

 

 

 

 

 

 

 

Dear Travis...

 

Leadership tips for Uber's beleaguered boss

 

  • 1 March 2017
  • From the section Business

 

 

 

 

 

Hitting rock bottom

 

Why was this $60m ship sold for scrap?

 

  • 1 March 2017
  • From the section Business

 

 

 

 

 

Closed doors?

 

Lord Bilimoria says Brexit will lose the UK overseas students

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

Hundreds of flights cancelled as week of aviation discontent begins

 

Strikes by French air-traffic controllers, Air France staff and British Airways cabin crew will affect travellers

 

 

 

 

 

Daimler to recall 75,000 Mercedes-Benz cars in the UK due to fire risk

 

 

 

 

 

 

 

 

 

 

Major oil firm warns future drilling may be 'economically infeasible'

 

Activist lawyers put UK companies on notice that legal action could be ‘on the cards’ as environmentalists say oil industry’s ‘entire business model is predicated on extremely dangerous levels of climate change’

 

 

 

 

 

 

Snapchat IPO makes Californian high school millions

 

 

 

 

 

 

Government and unions need to talk to make industrial strategy work

 

 

 

 

 

 

Can bosses force employees to work overtime?

 

Employers frequently ask employees to sign up to a waiver of the 48 hour maximum working week as part of the employment contract when they join

 

 

 

 

 

 

 

 

Agent Provocateur sale to Sports Direct a ‘disgrace' says founder

 

Business became unviable after identifying ‘material misstatements’ in its accounts over a number of years that the company’s board, auditors and owners had failed to notice

 

 

 

 

 

 

UK Tax changes: Everything you need to know about the new rules

 

Tax changes are coming in from April 2017 - Car tax, income tax and child tax credits are all undergoing big changes. Here's what you need to know.

 

 

 

 

 

 

 

 

Rupert Murdoch moves one step closer to full takeover of Sky

 

21st Century Fox struck a preliminary deal to snap up the 61 per cent of Sky that it does not already own in December last year

 

 

 

 

 

 

Zero Hours Contracts hit new record, but a chink of light is showing

 

The rate of increase slowed dramatically in the second half of 2016 according to an analysis by the Resolution Foundation

 

 

 

 

 

Rich foreign families rush to send children to UK private schools

 

 

 

 

 

VW's emissions scandal to cause more than a thousand premature deaths

 

 

 

 

 

 

Advertising giant WPP strikes cautious note on year ahead

 

The world’s biggest advertising company said that clients 'face challenging top line growth opportunities and uncertainties'

 

 

 

 

 

 

 

 

Uber drivers must pass written English test, High Court rules

 

Uber told the judge that the language requirement would result in 70,000 applicants failing to obtain a licence over three years.

 

 

 

 

 

 

  • Sponsored

 

Global factors to be aware of for international money transfers

 

The murky world of international money transfers can be daunting at the best of times, but with so many global factors buffeting the exchange rate of major currencies on a daily basis, it often seems like you’d need a PhD in economics to cost-effectively send money overseas or even just to compare money transfer services.

 

 

 

 

 

 

 

Services growth slows unexpectedly in February

 

The Markit / CIPS Purchasing Managers’ Index fell to 53.3, down from 54.5 in January

 

 

 

 

 

Two pharma firms accused of driving up prices of a life-saving drug

 

 

 

 

 

Shares in the owner of Snapchat surge 44% on stock market debut

 

 

 

 

 

 

Vodafone to recruit thousands of women who have taken a career break

 

About 96 million skilled women between the ages of 30 and 54 are on career breaks worldwide, of which an estimated 55 million have experience at middle-manager level and above

 

 

 

 

 

 

 

Giant pandas mate for the first time in four years

 

Gives hope for new panda baby after Shin Shin's last cub died of pneumonia

 

 

 

 

 

The 9 most desirable places to live and work in England

 

 

 

 

 

Capita crashes, but it will survive, more's the pity

 

 

 

 

 

 

Sports Direct's Mike Ashley buys Agent Provocateur

 

Agent Provocateur was founded by Vivienne Westwood’s son in 1994 and quickly grew into a global brand popular with celebrities including the Kardashians

 

 

 

 

 

 

 

 

Pound will stay at record lows even after Article 50 is triggered

 

Some economists were even more pessimistic

 

 

 

 

 

Venezuela's foreign currency reserves down to just $10bn

 

 

 

 

 

UK homeowners confident house prices will rise despite Brexit fears

 

 

 

 

 

 

You're probably working the equivalent of months without pay

 

The survey, based on responses from 2,000 people in full time salaried or hourly employment, showed that regionally Londoners are putting in the most overtime—an average of 9.6 hours a week

 

 

 

 

 

 

 

Hard Brexit will 'open Pandora's box' for UK businesses says CBI boss

 

Paul Drechsler is due to warn strenuously about the economic implications of Britain leaving the EU in 2019 without a trade deal in place

 

 

 

 

 

 

 

 

Banks have paid $321bn fines since financial crisis with more to come

 

European and Asian regulators need to catch up with more aggressive US regulators

 

 

 

 

 

 

 

Construction grows in February but inflation still strong

 

The Markit/CIPS Purchasing Managers' Index rose to 52.5, up from 52.2 in January, with any reading above 50 signalling growth

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Working Longer May Benefit Your Health

 

By CHRISTOPHER FARRELL

 

Though the science is inconclusive, anecdotal evidence finds benefits from continuing to work past the traditional retirement age.

 

 

Jenn Ackerman for The New York Times

 

William Wells Jr., 72, at home in Eden Prairie, Minn., owns a diversity consulting business and continues to work about 20 hours a week.

 

 

 

 

 

 

 

 

05chinameeting-thumbStandard.jpg

China Lowers Growth Target as Lawmakers Meet

 

By KEITH BRADSHER and CHRIS BUCKLEY

 

Before a meeting of the National People’s Congress, Premier Li Keqiang defended the target as realistic and vowed to increase pollution monitoring.

 

04china-econ-1-thumbStandard-v3.jpg

Xi Jinping’s Failed Promises Dim Hopes for Economic Change in 2nd Term

 

By CHRIS BUCKLEY and KEITH BRADSHER

 

As China’s president prepares for another five years in power, critics of his record are asking whether he was ever really serious about liberalizing the economy.

 

 

06DB-DEUTSCHE2-thumbStandard.jpg

Deutsche Bank to Raise $8.5 Billion and Reorganize Some Operations

 

By CHAD BRAY 1:28 PM ET

 

The bank, which disclosed a hefty loss in the fourth quarter, plans to bolster its capital with its third share sale in four years.

 

05IBM1-thumbStandard.jpg

Blockchain: A Better Way to Track Pork Chops, Bonds, Bad Peanut Butter?

 

By NATHANIEL POPPER and STEVE LOHR

 

Walmart is testing real-world uses for the arcane technology behind the cryptocurrency Bitcoin, but significant challenges remain.

 

05Samsung1-thumbStandard.jpg

Samsung Bribery Scandal Threatens South Korea Success Story

 

By CHOE SANG-HUN and PAUL MOZUR

 

Business and government worked hand in hand to rebuild the war-torn country. Now that same recipe fosters corruption and holds back the Asian Tiger.

 

04-DBOPEL-thumbStandard.jpg

G.M. Near Deal to Sell Opel to Peugeot Maker, PSA

 

By JACK EWING

 

The purchase by PSA Group, which also owns Citroën, would create the second-largest car company in Europe, after Volkswagen.

 

05zimbabwe-thumbStandard.jpg

Trade on the Streets, and Off the Books, Keeps Zimbabwe Afloat

 

By NORIMITSU ONISHI and JEFFREY MOYO

 

Rapid deindustrialization and the loss of formal wage-paying jobs have forced millions to scramble for a living in a parallel economy.

 

04CLIMATEsub-thumbStandard.jpg

Trump to Undo Vehicle Rules That Curb Global Warming

 

By CORAL DAVENPORT

 

The announcement, expected Tuesday, is a U-turn from Obama-era regulations on tailpipe emissions of carbon dioxide.

 

04-SUB-FED-thumbStandard.jpg

Set to Lift Interest Rate, Fed Embraces Investors’ Optimism

 

By BINYAMIN APPELBAUM

 

The Federal Reserve chief’s declaration followed mounting signals from policy makers that the central bank had accelerated its timetable for action.

 

 

04-UBER-01-thumbStandard.jpg

How Uber Deceives the Authorities Worldwide

 

By MIKE ISAAC

 

A program uses data Uber collected to evade law enforcement in cities that resist the ride-hailing service, some current and former Uber employees said.

 

 

04-UBERSTOCK-thumbStandard.jpg

Uber Said to Consider Changes to Employee Stock Compensation

 

By KATIE BENNER and MIKE ISAAC

 

Uber is considering ways to make its stock compensation policies more friendly to its workers, said people with knowledge of a meeting where the issue was discussed.

 

03DB-SOFTBANK1-thumbStandard.jpg

The World’s Top Tech Investor Is Betting Big on Trump

 

By LANDON THOMAS Jr.

 

Masayoshi Son of SoftBank is weighing possible deals to bolster Sprint, which could allow aggressive investment in wireless networks in the United States.

 

04trumpenergy-1-thumbStandard.jpg

Trump Got Nearly $1 Million in Energy-Efficiency Subsidies in 2012

 

By HIROKO TABUCHI

 

The acceptance of incentives by a developer seems at odds with the policies that he now promotes as president.

 

04-Apprentice-thumbStandard.jpg

Trump Derides Schwarzenegger for Leaving ‘Celebrity Apprentice’

 

By JOHN KOBLIN

 

Arnold Schwarzenegger informed NBC that he would not return to the TV show, which had struggled with low ratings and faced criticism from President Trump.

 

00Brazil1-thumbStandard.jpg

Brazil’s Leaders Tout Austerity (Just Not for Them)

 

By SIMON ROMERO

 

President Michel Temer is pressing austerity measures, including a government spending cap, even as judiciary employees and lawmakers enjoy raises and other lavish benefits.

 

Scottish Investors Standard Life, Aberdeen Mull $13.5 Billion Tie-Up

 

By REUTERS

 

Standard Life and Aberdeen Asset Management, two of Scotland's most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's largest investment manager.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

 

 

 

4 March 2017

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK ramps up skills training to tackle productivity problem

 

Britain plans to spend an extra half a billion pounds a year to improve skills training, the government said on Sunday, seeking to address the country’s nagging productivity problems as it prepares to leave the European Union.

10:14am GMT

?m=02&d=20170305&t=2&i=1174966410&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2408J

UK needs financial reserves in the tank for Brexit - Hammond

 

Britain's Chancellor Philip Hammond said he would keep "reserves in the tank" to see the economy through its looming Brexit challenge, signalling little room for extra spending in this week's budget despite better news on borrowing.

12:52pm GMT

?m=02&d=20170305&t=2&i=1174982054&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED240DY

Deutsche Bank to raise 8 billion euros, plans major reorganisation

 

Deutsche Bank plans to raise capital, list its asset management business and overhaul its business structure as it tries to reinvent itself after spending two years dealing with its past misdeeds and huge losses.

6:03pm GMT

?m=02&d=20170305&t=2&i=1174989765&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED240FU

Snap's stock price hard to justify - Barron's

 

Snap Inc's share price looks overvalued following a surge in the wake of its much-anticipated initial public offering last week, according to an article in Barron's.

6:26pm GMT

?m=02&d=20170305&t=2&i=1174966329&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED24094

Brexit 'mood music' better, EU more pragmatic - Hammond

 

The tone of private discussions between Britain and other members of the European Union about Brexit has improved since earlier this year, British Chancellor Philip Hammond said on Sunday.

11:13am GMT

?m=02&d=20170304&t=2&i=1174908868&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED230BJ

Scottish investors Standard Life, Aberdeen mull 11 billion pounds tie-up

 

Standard Life and Aberdeen Asset Management , two of Scotland's most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's largest investment manager.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174901032&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2309A

Deutsche Boerse blames UK for failed LSE tie-up - chairman in paper

 

Deutsche Boerse Chairman Joachim Faber has put the blame for a failed tie-up with the London Stock Exchange on Britain and its vote to leave the European Union.

04 Mar 2017

?m=02&d=20170305&t=2&i=1174933262&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2400E

China cuts growth goal, puts focus on reform and 'firewall' against risks

 

China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a rapid build-up in debt, and erects a "firewall" against financial risks.

2:44pm GMT

1x1.png

EU readies cash to help Ireland cut energy dependence on Brexit Britain

 

Two big Irish energy projects designed to reduce dependence on Britain are set to benefit from EU funding as the bloc steps up efforts to support the country with the most to lose when its bigger neighbour quits the European Union.

12:18pm GMT

?m=02&d=20170304&t=2&i=1174885736&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2306O

Peugeot poised to buy GM's Opel, creating European car giant

 

France's PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition. The maker of Peugeot, Citroen and DS cars said on Saturday it would hold an early Monday press conference with GM, at which the transaction is expected to be presented after Reuters reported that a deal had been struck between the two automakers.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

UK ramps up skills training to tackle productivity problem

 

Britain plans to spend an extra half a billion pounds a year to improve skills training, the government said on Sunday, seeking to address the country’s nagging productivity problems as it prepares to leave the European Union.

10:14am GMT

?m=02&d=20170305&t=2&i=1174958611&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2404B

Chinese cities pressured by home prices need to boost land supply - PM

 

Chinese cities under pressure from soaring home prices need to boost land supply appropriately while authorities take measures to fight an inventory overhang in smaller cities, Premier Li Keqiang said on Sunday.

8:43am GMT

1x1.png

China to relax rules to boost big insurers' expansion - sources

 

China's insurance regulator is considering an industry shake-up that could see the biggest and most solvent firms resuming an overseas expansion, while smaller, riskier insurers would come under tighter scrutiny.

7:23am GMT

?m=02&d=20170305&t=2&i=1174951403&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2400H

China vows new steel, coal capacity cuts to make sky blue

 

China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply.

6:45am GMT

1x1.png

South Korea says to act against China's discrimination against South Korean firms

 

South Korea's trade minister said on Sunday the government's responses against discriminating action by China towards South Korean companies will be strengthened and he feels "deep concern" over recent measures taken by Beijing.

2:41am GMT

1x1.png

Canada's Hydro One in talks to buy Toronto Hydro - sources

 

Canada's Hydro One Ltd is in talks to buy municipal electricity distributor Toronto Hydro Corp for about C$3 billion (1.82 billion pounds) as the city of Toronto explores options to finance various infrastructure projects, people with knowledge of the matter told Reuters.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174908868&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED230BJ

Scottish investors Standard Life, Aberdeen mull 11 billion pounds tie-up

 

Standard Life and Aberdeen Asset Management , two of Scotland's most well-known financial firms, are in talks over an 11 billion pound ($13.5 billion) tie-up to create Britain's largest investment manager.

04 Mar 2017

1x1.png

KKR teams up with Dell-linked fund in offer for Germany's GfK

 

A fund managed on behalf of American IT entrepreneur Michael Dell has agreed a deal to take a stake in the investment vehicle that private equity firm KKR is using to invest in German research firm GfK SE.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174909765&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED230C0

IMF reaches deal with Ukraine paving way for next loan disbursal

 

The International Monetary Fund said on Saturday it had reached an agreement with Ukraine on an updated memorandum under a $17.5 billion programme, paving the way for its board to consider the disbursement of the fourth loan tranche later in March.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174903804&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED230AD

Sanofi, Regeneron say latest Dupixent eczema drug tests positive

 

Drugmakers Sanofi and Regeneron said on Saturday results from a one-year test of their Dupixent product aimed at adults with eczema or moderate-to-severe atopic dermatitis (AD) had been positive.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Greek privatisation agency says disused airport project to go ahead

 

A 7.9 billion euro (6.82 billion pounds) plan to turn a derelict former Athens airport into one of Europe's biggest coastal resorts, included in Greece's latest international bailout, will go ahead despite recent delays, a senior privatisation agency official said on Saturday.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174901032&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2309A

Deutsche Boerse blames UK for failed LSE tie-up - chairman in paper

 

Deutsche Boerse Chairman Joachim Faber has put the blame for a failed tie-up with the London Stock Exchange on Britain and its vote to leave the European Union.

04 Mar 2017

1x1.png

Aberdeen exploring options for tie-up with Standard Life - Sky

 

Scottish fund manager Aberdeen Asset Management is exploring possible options for a tie-up with insurer Standard Life , Sky News reported on Saturday, in a deal which could total 11 billion pounds.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174893232&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED23083

Greece's fiscal targets should be eased to help growth, central bank chief says

 

Greece's international lenders should lower the country's fiscal targets from 2021 onwards to help boost its growth potential, central bank governor Yannis Stournaras said on Saturday.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174885736&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2306O

Peugeot poised to buy GM's Opel, creating European car giant

 

France's PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition. The maker of Peugeot, Citroen and DS cars said on Saturday it would hold an early Monday press conference with GM, at which the transaction is expected to be presented after Reuters reported that a deal had been struck between the two automakers.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174885822&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2306J

Deutsche Bank board to discuss capital hike on Sunday - sources

 

Deutsche Bank's supervisory board will meet on Sunday to discuss plans for a potential capital increase of around 8 billion euros ($8.5 billion), two sources familiar with the matter said on Saturday.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174870833&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2302T

China to defer implementation of property tax despite surging prices

 

China has no plans to implement a nationwide property tax this year, the spokeswoman for China's parliament said on Saturday, despite mounting expectations that such measures would soon be introduced to restrain surging property prices.

04 Mar 2017

?m=02&d=20170303&t=2&i=1174843696&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED221CW

Deutsche Boerse CEO says work on LSE merger still ongoing

 

Deutsche Boerse Chief Executive Carsten Kengeter said it is continuing preparations for a merger with the London Stock Exchange , despite the LSE's refusal to sell its Italian MTS trading platform.

04 Mar 2017

?m=02&d=20170304&t=2&i=1174855445&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2300B

Uber used secret tool to evade authorities

 

Ride services company Uber Technologies Inc [uBER.UL] for years has used a secret tool to avoid authorities in markets where its service faced resistance by law enforcement or was banned, the company confirmed on Friday.

04 Mar 2017

?m=02&d=20170303&t=2&i=1174853570&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED22144

Exclusive - PSA agrees to buy Opel from GM, wins board approval: sources

 

France's PSA Group struck a deal with General Motors to buy the U.S. carmaker's loss-making Opel division, two sources with knowledge of the matter told Reuters.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Sainsbury's to cut up to 400 jobs in stores shake-up

 

Sainsbury's , Britain's second largest supermarket group, is to cut up to 400 jobs in a restructuring of its store operations, it said on Friday.

03 Mar 2017

?m=02&d=20170303&t=2&i=1174851785&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED221EG

Deutsche Bank prepares 8 billion-euro capital increase

 

Deutsche Bank is preparing for a potential capital increase of about 8 billion euros (7 billion pounds) as it seeks to strengthen its balance sheet and free up funds for strategic investments after years of restructuring.

03 Mar 2017

?m=02&d=20170303&t=2&i=1174822073&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2214R

Yellen points to March rate hike as Fed signals end of easy money

 

The U.S. Federal Reserve's long-stalled 'liftoff' of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signaled that the era of easy money is drawing to a close.

03 Mar 2017

?m=02&d=20170303&t=2&i=1174827598&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED2217V

Stocks rise, U.S. dollar down after Yellen signals rate rise

 

Wall Street stock indexes and the U.S. dollar both posted gains for the week on Friday after Federal Reserve Chair Janet Yellen confirmed market expectations for an interest rate rise in March but profit taking saw equities and the greenback slip for the day.

03 Mar 2017

?m=02&d=20170303&t=2&i=1174839709&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED221BR

Galleon's Rajaratnam loses bid to cut insider trading sentence

 

A federal judge on Friday rejected Galleon Group hedge fund founder Raj Rajaratnam's bid to void much of his insider trading conviction and shorten his 11-year prison sentence.

03 Mar 2017

?m=02&d=20170303&t=2&i=1174805062&w=200&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED220X3

Oil rebounds from recent weakness, remains range bound

 

Oil prices surged on Friday, as a weaker dollar encouraged buying but investors remained cautious after Russian production figures showed weak compliance with a global deal to cut output.

03 Mar 2017

1x1.png

Yellen says rate plans based on current conditions, not possible Trump policy

 

The Federal Reserve's interest rate plans are responding largely to U.S. economic data at this point, not adapting to any plans that the administration of President Donald Trump may or may not adopt, Fed Chair Janet Yellen said on Friday.

03 Mar 2017

1x1.png

Deutsche Boerse's EEX says takes over U.S. peer Nodal

 

Germany's energy exchange, part of Deutsche Boerse AG , has agreed to buy all the shares in U.S. peer Nodal to pursue its global growth strategy, Deutsche Boerse said on Friday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

GM set to announce Opel/Vauxhall sale

 

 

The US company is expected to announce a deal with the owners of Peugeot and Citroen on Monday.

 

  • 5 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Deutsche Bank cash call to raise billions

 

The troubled German lender also plans a partial float of its asset management division.

 

  • 5 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Standard Life and Aberdeen in talks

 

Fund managers Aberdeen Asset Management and Standard Life confirm talks about an all-share merger.

 

 

 

 

 

 

No 'spending sprees' in Budget - Hammond

 

 

 

China cuts growth target to 6.5%

 

  • 5 March 2017
  • From the section China

 

 

'Smart meter said I owed thousands'

 

  • 5 March 2017
  • From the section UK

 

 

 

 

 

Has wearable tech had its day?

 

 

 

London loses out in business rates revamp

 

  • 4 March 2017
  • From the section Business

 

 

Uber hides from regulators with Greyball

 

 

 

75,000 Mercedes-Benz cars recalled in UK

 

  • 4 March 2017
  • From the section UK

 

 

Bank staff trained to spot cash scams

 

  • 4 March 2017
  • From the section Business

 

 

Crackdown on 'subscription traps' planned

 

  • 4 March 2017
  • From the section UK

 

 

 

 

Also in the News

 

 

 

Spotify hits 50 million subscribers

 

  • 3 March 2017
  • From the section Business

 

 

 

 

School makes millions from Snapchat IPO

 

  • 3 March 2017
  • From the section Technology
  • comments

 

 

 

 

Features & Analysis

 

 

 

Business wish list

 

What British businesses want from the Budget

 

  • 5 March 2017
  • From the section Business

 

 

 

 

 

Big returns

 

The fund managers who have doubled savers’ money

 

  • 5 March 2017
  • From the section Business

 

 

 

 

 

No bed of roses

 

Flower pickers battle against sexual harassment and low pay

 

  • 5 March 2017
  • From the section Business

 

 

 

 

 

 

 

Low key Budget?

 

Why your finances will change anyway

 

  • 4 March 2017
  • From the section Business

 

 

 

 

 

Creative retirement

 

Artists use work to fund a different kind of pension

 

  • 3 March 2017
  • From the section Business

 

 

 

 

 

Love on the line?

 

What dating sites are doing to keep us safe

 

  • 3 March 2017
  • From the section Business

 

 

 

 

 

 

Our Experts

 

Zero hours contracts reach record levels

 

The number of people working on zero hours contracts hits nearly one million, but the rate of increase has slowed rapidly.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

China’s banking system overtakes eurozone to become world's biggest

 

Some analysts have said credit boom has led to wasteful investments, overcapacity in certain industries and unsustainable debt levels

 

 

 

 

 

Asda fined £300,000 for dead mice, rotting food and flies at depot

 

 

 

 

 

 

 

 

 

 

Standard Life and Aberdeen Asset: One of the co-CEOs needs to go

 

Most companies eschew co-ceos for the simple reason that it's a bad idea, and if they're going to demand people lower down re-interview for their jobs, the people at the top should set an example

 

 

 

 

 

 

Wall Street investors make $3 trillion since Trump’s election victory

 

 

 

 

 

 

Scotland’s wind powers 4 million homes, but industry warns of job cuts

 

 

 

 

 

 

Nintendo shares jump 4.1% after Switch consolelaunch success

 

'There’s a sigh of relief today that the actual launch has gone smoothly so far,' said Atul Goyal, an analyst at Jefferies

 

 

 

 

 

 

 

 

You can buy the new £1coin before its release for up to £1,995

 

The new-look 12-sided coin will come into circulation across the UK on 28 March r

 

 

 

 

 

 

The world will unite against Donald Trump says top EU official

 

'The rest of the world seems to be fighting back and saying that this is not our line, this is something which we don’t want,” - Jyrki Katainen, a vice president of the European Commission

 

 

 

 

 

 

 

 

Standard Life and Aberdeen shares soar after £3.8bn merger deal

 

The deal, which will create a £660bn asset manager, is the latest move by the active management industry to combat a tide of investors shifting money to low-cost, passive funds

 

 

 

 

 

 

A CV expert outlines the 8 most annoying mistakes she sees

 

Since launching Résumé Writers' Ink in 2010, Tina Nicolai estimates that she's read over 40,000 résumés.

 

 

 

 

 

Peugeot-Citroën plays down fears of Vauxhall job losses

 

 

 

 

 

Hundreds of flights cancelled as week of aviation discontent begins

 

 

 

 

 

 

Daimler to recall 75,000 Mercedes-Benz cars in the UK due to fire risk

 

A total of one million vehicles are being withdrawn worldwide

 

 

 

 

 

 

 

 

Ocado trials grocery delivery by electric vehicle to reduce pollution

 

Exclusive: The online retailer could introduce the vehicle into his fleet at the end of this year if the trial proves successful

 

 

 

 

 

 

Trump's likely EU ambassador 'made false statements' to obtain loans

 

When he filed for bankruptcy in 2013, he said he had just $152,000 and therefore could not repay the outstanding debt of $5.9m

 

 

 

 

 

 

 

The app that could be the beginning of the end for supermarkets

 

Farmdrop connects consumers with producers, cutting out the supermarket – or middle man – and thereby threatening to drastically shake up the way that the UK food supply chain operates

 

 

 

 

 

Major oil firm warns future drilling may be 'economically infeasible'

 

 

 

 

 

Snapchat IPO makes Californian high school millions

 

 

 

 

 

 

Government and unions need to talk to make industrial strategy work

 

Amid the sound and fury of a critical report by MPs, what has been missed is a call for more dialogue and less sound and fury

 

 

 

 

 

 

 

Can bosses force employees to work overtime?

 

Employers frequently ask employees to sign up to a waiver of the 48 hour maximum working week as part of the employment contract when they join

 

 

 

 

 

Agent Provocateur sale to Sports Direct a ‘disgrace' says founder

 

 

 

 

 

UK Tax changes: Everything you need to know about the new rules

 

 

 

 

 

 

Rupert Murdoch moves one step closer to full takeover of Sky

 

21st Century Fox struck a preliminary deal to snap up the 61 per cent of Sky that it does not already own in December last year

 

 

 

 

 

 

 

 

Zero Hours Contracts hit new record, but a chink of light is showing

 

The rate of increase slowed dramatically in the second half of 2016 according to an analysis by the Resolution Foundation

 

 

 

 

 

Rich foreign families rush to send children to UK private schools

 

 

 

 

 

VW's emissions scandal to cause more than a thousand premature deaths

 

 

 

 

 

 

Advertising giant WPP strikes cautious note on year ahead

 

The world’s biggest advertising company said that clients 'face challenging top line growth opportunities and uncertainties'

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

New Commerce Secretary Was No Friend to Russians at Cyprus Bank

 

By ANDREW HIGGINS 11:05 AM ET

 

 

Wilbur Ross’s interactions with Russians at the Bank of Cyprus, where he was vice chairman, suggest he was more interested in forcing them out than working with them.

 

 

 

06timeinc1-sfSpan.jpg

Cole Wilson for The New York Times

 

 

Time Inc. Plots a Future Beyond Its Heyday, as Suitors Line Up

 

By SYDNEY EMBER

 

Is a new chief executive’s zeal enough to save an empire that once propelled the national conversation but has been struggling for relevance in the digital era?

 

 

 

 

 

 

 

 

 

 

 

 

07AVIAN-thumbStandard.jpg

Bird Flu Outbreak Found at a Tennessee Farm

 

By STEPHANIE STROM 22 minutes ago

 

An outbreak at a farm that produces chickens for Tyson Foods has led the U.S.D.A to establish a quarantine on farms around the area.

 

03trump-thumbStandard.jpg

Trump’s Revised Travel Ban Spares Iraqis

 

By GLENN THRUSH 2:03 PM ET

 

The new restriction will apply to citizens of six predominately Muslim nations in an effort to improve on a hastily drawn order in January that did not pass legal scrutiny.

 

07OPEL-thumbStandard.jpg

Peugeot Maker’s Deal for G.M.’s Opel Faces Political Headwinds

 

By JACK EWING

 

The possibility of job cuts and factory closures in Europe could spark nationalist appeals.

 

07park-2-thumbStandard.jpg

Prosecutor Pushes for Indictment of South Korean President in Samsung Scandal

 

By CHOE SANG-HUN

 

President Park Geun-hye, who cannot be charged while in office, is accused of conspiring with a confidante to take $38 million in bribes from the technology company.

 

05Samsung1-thumbStandard.jpg

Samsung Bribery Scandal Threatens South Korea Success Story

 

By CHOE SANG-HUN and PAUL MOZUR

 

Business and government worked hand in hand to rebuild the war-torn country. Now that same recipe fosters corruption and holds back the Asian Tiger.

 

06DB-HEDGE-thumbStandard.jpg

Ex-Employees Note a Hint of Turmoil in Bridgewater’s Recipe for Success

 

By ALEXANDRA STEVENSON and MATTHEW GOLDSTEIN

 

It’s not every firm where a top executive is accused of lying on a video for every employee to see. But that’s how Ray Dalio runs Bridgewater Associates, according to former employees.

 

03standardlife-1-thumbStandard.jpg

Aberdeen Asset Management and Standard Life Agree to Merge

 

By CHAD BRAY

 

The deal, which would create one of Europe’s largest asset managers, reflects the rising pressure on funds that try to beat the markets.

 

07turkeygoogle1-thumbStandard.jpg

Turkey to Investigate Antitrust Complaint Against Google

 

By MARK SCOTT

 

The country’s competition authority will look at whether the search giant unfairly promotes its own digital services on Android over those of rivals.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

'Cautious optimism' on Vauxhall deal

 

 

 

 

The government seeks to reassure workers at Ellesmere Port and Luton car plants after Vauxhall's sale.

 

  • 6 March 2017
  • From the section Business
  • comments

 

 

Related content

 

 

 

 

 

 

 

 

BA to offer less legroom than Ryanair

 

British Airways will cram in more passengers on some of its aircraft used for European flights.

 

  • 6 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: FTSE 100 falls

 

Miners drag London lower, while Standard Life leads the blue-chip risers following £11bn Aberdeen merger.

 

 

 

 

 

 

Women in some groups 'reversing pay gap'

 

  • 6 March 2017
  • From the section UK

 

 

Asda fined over dead mice and flies

 

  • 6 March 2017
  • From the section London

 

 

Women's dress code stories 'shocking'

 

 

 

 

 

 

Coal collapse drives down UK carbon

 

 

 

The fine print behind the GM deal

 

  • 6 March 2017
  • From the section Business

 

 

Sport BT agrees £1.2bn Champions League deal

 

 

 

Is China retaliating against Lotte missile deal?

 

  • 6 March 2017
  • From the section Business

 

 

Inside the TalkTalk '[problem] call centre'

 

 

 

Deutsche Bank shares hit by cash call

 

  • 6 March 2017
  • From the section Business

 

 

 

 

Also in the News

 

 

 

German chain store tycoon in fraud trial

 

  • 6 March 2017
  • From the section Europe

 

 

 

 

Has wearable tech had its day?

 

 

 

 

 

Features & Analysis

 

 

 

Hush hush

 

Secret testing of the new black cab in the Arctic Circle

 

  • 6 March 2017
  • From the section Business

 

 

 

 

 

Red hot

 

How a cooker developed a cult following

 

  • 6 March 2017
  • From the section Business

 

 

 

 

 

Car deal

 

Why is Vauxhall being sold to Peugeot's owner?

 

  • 6 March 2017
  • From the section Business

 

 

 

 

 

 

 

Drugs disaster

 

How economics killed the antibiotic dream

 

  • 6 March 2017
  • From the section Business

 

 

 

 

 

 

'Cold-call your heroes'

 

The co-founder of MEATliquor shares his business advice.

 

  • 6 March 2017
  • From the section Business

 

 

 

 

 

Business wish list

 

What British businesses want from the Budget

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Trump Budget Proposal Reflects Working-Class Resentment of the Poor

 

By EDUARDO PORTER

 

By protecting Social Security and Medicare while going after anti-poverty programs, the plan suits a constituency that strongly backed the president.

08porter1-sfSpan.jpg

Adam Ferguson for The New York Times

 

The flight deck of the aircraft carrier Theodore Roosevelt in the Persian Gulf in August 2015. President Trump’s proposed budget would cut $54 billion from discretionary civilian spending to increase military spending.

 

 

 

00DB-RICO1-thumbStandard.jpg

In Puerto Rico, Teachers’ Pension Fund Works Like a Ponzi Scheme

 

By MARY WILLIAMS WALSH

 

The fund is so cash-short that contributions by younger teachers flow straight to retirees, and the working teachers can’t expect to get any money back.

 

 

 

state-teachers-pensions-1488566360375-thumbStandard.png

Graphic: The State of State Teachers’ Pension Plans

 

By KARL RUSSELL and MARY WILLIAMS WALSH

 

As teachers across the country retire, their pensions are being subsidized by newly hired teachers to a surprising degree. Here is a look at how states’ pension plans compare.

 

 

 

 

 

 

 

09trumptrademark1-thumbStandard.jpg

In China, Trump Wins a Trove of New Trademarks

 

By SUI-LEE WEE 50 minutes ago

 

China has granted preliminary approval for 27 new trademarks to the president, which could add to criticism over potential conflicts of interest.

 

09SUPERFIRM4-thumbStandard.jpg

‘Superstar Firms’ May Have Shrunk Workers’ Share of Income

 

By PATRICIA COHEN 12:31 PM ET

 

It was long Keynesian dogma that two-thirds of economic output goes to labor. That truism has come undone, and corporate consolidation may be a cause.

 

08TAX1-thumbStandard.jpg

Caterpillar Is Accused in Report to Federal Investigators of Tax Fraud

 

By JESSE DRUCKER

 

The report outlines a strategy for bringing home billions of dollars from offshore affiliates while avoiding federal income taxes on the earnings.

 

xxcancerfraud-1-thumbStandard-v5.jpg

Years of Ethics Charges, but Star Cancer Researcher Gets a Pass

 

By JAMES GLANZ and AGUSTIN ARMENDARIZ

 

Dr. Carlo Croce was repeatedly cleared by Ohio State University, which reaped millions from his grants. Now, he faces new whistle-blower accusations.

 

 

09RUSSIAFLOWERS4-thumbStandard.jpg

In Russia, Blooms Flourish on International Women’s Day

 

By JAMES HILL and ANDREW E. KRAMER 1:21 PM ET

 

The holiday, a Communist-era holdover sometimes called the Russian St. Valentine’s Day, ranks as the country’s largest single sales day for flowers.

 

08DB-LENDING2-thumbStandard.jpg

U.S. Zeal in Suing Banks for Lending Bias Is Expected to Cool

 

By VICTORIA FINKLE

 

The new administration’s deregulatory fervor has stirred expectations for a pullback in the enforcement of laws that prevent discrimination in lending.

 

08ARAMCO1-thumbStandard.jpg

For I.P.O., Saudi Oil Company May Have to Give Up Some of Its Secrets

 

By CLIFFORD KRAUSS

 

Some bankers think the state-held Saudi Aramco is worth only a fraction of the value it claims. Investors are pushing for transparency before its initial public offering.

 

09softbank-thumbStandard.jpg

SoftBank Is Said to Be Selling a 25% Stake in ARM Holdings

 

By MARK SCOTT 12:42 PM ET

 

The Japanese telecommunications giant would sell the $8 billion stake in the chip designer to a new $100 billion investment fund backed by Saudi Arabia.

 

08TMZ-thumbStandard.jpg

Trump Grants Oval Office Meeting to TMZ Founder

 

By MICHAEL M. GRYNBAUM

 

President Trump met for an hour with Harvey Levin, the tabloid emperor, in a session that was not listed on the president’s public schedule.

 

08uber1-thumbStandard.jpg

Travis Kalanick, Uber’s Chief, Wants a No. 2 Executive

 

By KATIE BENNER

 

After several recent incidents that called into question Uber’s culture and tactics, its chief is looking for help leading the ride-sharing company.

 

09koreaecon-1-thumbStandard.jpg

As Leaders Argue, South Korea Finds China Is No Longer an Easy Sell

 

By MOTOKO RICH

 

China, long a major customer of Korean companies, is emerging as a competitor — showing the cracks in South Korea’s decades-old economic growth model.

 

08pruitt1-thumbStandard.jpg

E.P.A. Head Stacks Agency With Climate Change Skeptics

 

By CORAL DAVENPORT

 

Scott Pruitt seems intent on building an E.P.A. leadership that is fundamentally at odds with the officials who carry out the agency’s missions.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

The story of the spring Budget 2017 explained in seven charts

 

There was very little change in the general picture since the Autumn Statement in November, when there was a significant deterioration due to the fallout from Britain’s vote to leave the European Union

 

 

 

 

 

The 7 most important things you need to know about the Budget

 

 

 

 

 

 

 

 

 

 

Budget: Chancellor tries Dixon of Dock Green act but it can't last

 

Brexit, the biggest risk facing the UK economy, barely merited a mention as Philip Hammond sought to reassure that all is well. Trouble is that act of self-immolation is coming

 

 

 

 

 

 

Iceland becomes first country to make firms prove equal pay for women

 

 

 

 

 

 

Government sending 'mixed signals' to business says BCC

 

 

 

 

 

 

This calculator reveals what the Budget really means for your money

 

Tool shows individual impact from the raft of changes outlined by the Chancellor on Wednesday

 

 

 

 

 

 

 

 

Stock markets and sterling react to UK Budget statement

 

The UK's benchmark stock index was approximately 0.1 per cent higher immediately after the announcement

 

 

 

 

 

 

These are the 13 best companies in Britain to work for as a woman

 

Ranking highlights firms that have gone "above and beyond in some way when it comes to providing a working environment in which women can thrive", says website Glassdoor

 

 

 

 

 

 

 

 

G4S profits surge 14% as outsourcing giant recovers from scandals

 

In 2013 it emerged contractor charged Government for electronically tagging prisoners who were dead; That came a year after the Army had to step in after company provided inadequate security for London 2012

 

 

 

 

 

 

Kinder Surprise giant Easter eggs are here in time for Easter

 

The company has just launched a Kinder egg that weighs 100g or five times the traditional version

 

 

 

 

 

This business supporting small British manufacturers is booming

 

 

 

 

 

First signs of UK economy losing momentum post-Brexit vote says S&P

 

 

 

 

 

 

Foxtons bashed by Brexit and stamp duty but don't cry any tears for it

 

The drivers fuelling London’s runaway property prices remain in place and it will recover despite the dampening effect of rising stamp duty and the Brexit vote

 

 

 

 

 

 

 

 

KitKat maker Nestlé to cut 10% of sugar in its chocolate in UK by 2018

 

The sugar content of KitKat, Aero, and Yorkie bars will be reduced by 10 per cent by 2018

 

 

 

 

 

 

Foxtons profits plunge 54%

 

Things will ‘remain challenging’ in 2017 the company said as the subdued property market continues

 

 

 

 

 

 

 

Pound sterling trades around seven-week low against the US dollar

 

The Chancellor is expected to use Wednesday's speech to try and reassure the public on the prospects of the British economy

 

 

 

 

 

Freshfields, Google, stock markets: Business news in brief, 8 March

 

 

 

 

 

Budget: Philip Hammond to set out plan to steel Britain for Brexit

 

 

 

 

 

 

What will Philip Hammond announce in the Budget?

 

Everything you need to know about Hammond's biggest day yet

 

 

 

 

 

 

 

Donald Trump sends Pharma stocks plummeting with new tweet

 

The tweet came as Republicans late on Monday unveiled legislation to dismantle the Affordable Care Act, known as Obamacare,

 

 

 

 

 

Facebook and the BBC: How network should have handled picture scandal

 

 

 

 

 

Japan just made it a lot easier to move there permanently

 

 

 

 

 

 

US trade deficit jumps to near five-year-high

 

This was the largest monthly gap since a deficit of $50.2bn in March 2012

 

 

 

 

 

 

 

 

Women being 'sacked on the spot for being pregnant', MPs learn

 

'That is clearly sex discrimination; clearly a breach of the law,' but many people on agency contracts are not aware of their rights says Hannah Reed, of the TUC

 

 

 

 

 

Banking: Big investors swat aside private equity takeover of Shawbrook

 

 

 

 

 

OECD upgrades UK 2017 GDP growth forecast to 1.6%

 

 

 

 

 

 

A list of all the Budgens stores closing around the UK

 

A total of 815 staff have begun the redundancy process

 

 

 

 

 

 

 

Hogg broke Bank code over non-disclosure of brother's Barclays job

 

Chair of Bank’s Court, Anthony Habgood, declares it a ‘very serious breach’

 

 

 

 

 

 

 

 

Offices, Dreams, EFG Hermes: Business news in brief, Tuesday 7 March

 

London commercial property prices could slump 20 per cent; Record results for bed retailer; bank to invest £470m in British solar power

 

 

 

 

 

 

 

White House plagiarised an entire paragraph from Exxon's press release

 

It is not the first time the White House has come under fire over its press releases

 

 

 

 

 

 

Banking jobs denied to young people due to having 'wrong accents'

 

Finance industry executives admit 'presentation' at interview is biggest barrier to people from poorer backgrounds getting a job

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Tax-free dividend allowance slashed

 

 

 

 

The Federation of Small Businesses calls the move "a further disincentive for businesses to invest and grow".

 

  • 8 March 2017
  • From the section Business

 

 

Related content

 

 

 

 

 

 

Spring Budget 2017

 

 

 

What the Budget means for you

 

 

 

 

At-a-glance: Budget key points

 

 

 

 

Budget calculator March 2017

 

 

 

 

Your views: 'Could do more'

 

 

 

 

 

 

Hammond begins great employment tax debate

 

The move to raise self-employment national insurance contributions is just the start of major changes to the way people are taxed.

Kamal Ahmed Economics editor

 

 

  • 8 March 2017
  • From the section Business
  • comments

 

 

Related content

 

 

 

 

 

 

 

Live Business Live: Spring Budget 2017

 

Social care gets an extra £2bn and the self-employed face a National Insurance rise.

 

 

 

Related content

 

 

 

 

 

UK growth forecast for 2017 revised up

 

  • 8 March 2017
  • From the section Business

 

 

Premiere League fights Kodi box pirates

 

 

 

NHS, families and cars: Budget 2017 Q&A

 

  • 8 March 2017
  • From the section Business

 

 

 

 

 

Self-employed hit by Budget tax rise

 

 

 

Budget: Money for robots, cars and 5G

 

  • 8 March 2017
  • From the section Technology
  • comments

 

 

Budget: National Insurance rise criticised

 

  • 8 March 2017
  • From the section Business
  • comments

 

 

Budget: Does NI rate rise break a pledge?

 

  • 8 March 2017
  • From the section Business

 

 

Budget: UK Plc gives its verdict

 

  • 8 March 2017
  • From the section Business

 

 

Foxtons sees property sales plunge

 

  • 8 March 2017
  • From the section Business
  • comments

 

 

 

 

Also in the News

 

 

 

Girl statue and Wall Street bull face off

 

 

 

 

 

Newsbeat Nike launches hijab for Muslim women

 

  • 8 March 2017
  • From the section Home

 

 

 

 

Features & Analysis

 

 

 

'I was stuck'

 

The career crisis that sparked a 'LinkedIn for women'

 

  • 8 March 2017
  • From the section Business

 

 

 

 

 

More than exams

 

Why high-flying Singapore is scrapping grades

 

  • 8 March 2017
  • From the section Business

 

 

 

 

 

WTO what?

 

What will happen to UK trade post-Brexit?

 

  • 8 March 2017
  • From the section Business

 

 

 

 

 

 

 

Exercise 'anywhere, anytime'

 

Activewear sales expected to soar over next decade

 

  • 7 March 2017
  • From the section Business

 

 

 

 

 

Glamorous, really?

 

How we could take the stress out of business travel

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

US Federal Reserve raises interest rates

 

The Fed raised its target rate to 0.75-1 per cent, with only one voting member dissenting

 

 

 

 

 

Controversial weedkiller 'does not cause cancer', experts conclude

 

 

 

 

 

 

 

 

 

 

Renault's entire management team 'implicated in emissions test fraud'

 

French car manufacturer has denied reports that its vehicles are equipped with software that allow them to appear less polluting than they truly are

 

 

 

 

 

 

Zara founder Amancio Ortega set for £1.1bn payout

 

 

 

 

 

 

Hundreds of jobs at risk as Jones Bootmaker faces administration

 

 

 

 

 

 

Ikea drivers 'forced to live in lorries' by wages of under £3 an hour

 

Drivers working across Western Europe cannot afford accommodation with one saying he feels like a 'prisoner'

 

 

 

 

 

 

 

 

Tesco and Lindt recall chicken meals and Easter eggs

 

Tesco’s Oriental Kitchen Chicken Chow Mein product was incorrectly packed with Tesco Chicken Curry

 

 

 

 

 

 

Rolls-Royce: IoD right to criticise tone deaf bonus

 

The influential business group has recognised the problems with soaring CEO pay. The pity is CEOs themselves, and their remuneration committees, still appear immune to criticism

 

 

 

 

 

 

 

 

US cities shop for $10bn of electric vehicles in defiance of Trump

 

'Now more than ever there is a need for cities’ leadership on climate'

 

 

 

 

 

 

Toshiba shares tumble putting future of new UK nuclear plant in doubt

 

Company said it would expand a probe into Westinghouse, which is backing a new power station at Moorside, Cumbria

 

 

 

 

 

M&S launches cafes for people to talk about their mental health

 

 

 

 

 

We'll all pay a price for the public sector pay crunch

 

 

 

 

 

 

Bailiffs should face a crackdown: There are too many bad apples

 

A consortium of charities that help people in debt paints a disturbing picture of industry practice and argues that reforms have failed to nip problems in the bud

 

 

 

 

 

 

 

 

IoD slams Rolls-Royce CEO's £960,000 bonus

 

Warren East was handed the pay-out after underlying pretax profit fell 49 per cent to £813m in 2016, with only a “modest” improvement forecast this year

 

 

 

 

 

 

Pound sterling remains near eight-week lows against US dollar

 

The currency is down about 18 per cent against the dollar since the EU referendum in June

 

 

 

 

 

 

 

3 things to watch from the Federal Reserve's rate announcement

 

The market seems far less nervous about the prospect of rate increases than it was in recent years

 

 

 

 

 

The 10 weirdest job titles in the UK, revealed

 

 

 

 

 

Brexit to put 200,000 UK construction jobs at risk

 

 

 

 

 

 

Canadian and Kuwaiti investors buy 26% stake in Thames Water

 

Deal is the latest high-profile acquisition of British infrastructure by overseas buyers in recent years

 

 

 

 

 

 

 

Brexit surprise: British businesses are buying up overseas rivals

 

It might seem counter intuitive given that the weak pound in theory makes them expensive, but there could be a reason. Buying overseas companies provides some protection against an economic disaster in this country

 

 

 

 

 

OPEC supply warning sends crude price to fresh three-month low

 

 

 

 

 

Everything you need to know about getting tax back from airport shops

 

 

 

 

 

 

Amazon axes employment agency at heart of Sports Direct scandal

 

World’s largest retailer hired workers through Transline at several UK warehouses; these people will now be transferred to other agencies

 

 

 

 

 

 

 

 

New law in Canada would ban employers from forcing high heels on women

 

MPs recently debated a ban on employers demanding that women wear high heels in the workplace in the UK

 

 

 

 

 

Former Trump advisers help firms survive US President's Twitter feed

 

 

 

 

 

Basket of goods to measure inflation now includes gin and bike helmets

 

 

 

 

 

 

UK companies hold back on recruitment as Brexit uncertainty grows

 

Slowdown has been most marked in the financial centres of London and Edinburgh

 

 

 

 

 

 

 

Ocado: Still no deal and investors are divided

 

Backers need to assess where the business is now, and forget all the talk about international tie-ups

 

 

 

 

 

 

 

 

Traders may be exploiting leaked official UK economic data

 

'Based on what I see in the data in this case, it is very unlikely that we are looking at a random pattern,' Professor Alexander Kurov said

 

 

 

 

 

 

 

British Chambers of Commerce upgrades 2017 GDP growth forecast

 

The business lobby group still expects the UK's economy to expand 'materially below trend over the near term' as a consequence of the Brexit decision

 

 

 

 

 

 

This is what will happen to the pound once Article 50 is triggered

 

The act of triggering Article 50 is the event that investors have been waiting for

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fed Raises Interest Rates for Third Time Since Financial Crisis

 

By BINYAMIN APPELBAUM 2:23 PM ET

 

 

The move will increase the upward pressure on interest rates that consumers pay, but the immediate effect is likely to be modest.

 

 

 

15CONSUMER1-sfSpan.jpg

John Taggart for The New York Times

 

 

When the Fed Raises Rates, Credit Card Holders Feel It First

 

By NELSON D. SCHWARTZ

 

The immediate impact may be slight, but the prospect of three rate increases this year will mean higher loan payments and better returns on savings.

 

 

 

 

fed-rasies-rates-third-time-1489526885558-thumbStandard.png

Graphic: Why the Fed Raised Rates for the Third Time

 

By KARL RUSSELL

 

The Federal Reserve is raising interest rates for the third time since the financial crisis after being at near zero.

 

 

 

oakImage-1489495865439-thumbStandard.jpg

Shocks, Recession and 9/11: When the Fed Intervenes

 

By PRADNYA JOSHI

 

The Federal Reserve has a history of changing interest rates to better steer the changing dynamic of the American economy. Here are several pivotal moments.

 

 

 

 

 

 

 

 

 

 

16yahoohack1-thumbStandard.jpg

Russian Agents Were Behind Yahoo Hack, U.S. Says

 

By VINDU GOEL and ERIC LICHTBLAU 2:35 PM ET

 

Four men, including two Russian intelligence agents, were charged for their roles in the theft of 500 million Yahoo accounts in 2014.

 

 

16AUTO2-thumbStandard.jpg

Trump, Easing Emissions Rule, Vows to Expand Auto Jobs

 

By BILL VLASIC 19 minutes ago

 

The president spoke on Wednesday before hundreds of auto executives and workers in a former assembly plant near Detroit.

 

16roundup1-thumbStandard.jpg

Key Element of Monsanto Weed Killer Not a Carcinogen, European Agency Says

 

By DANNY HAKIM 50 minutes ago

 

The European Chemicals Agency said Wednesday that glyphosate, the main ingredient in Roundup, should not be classified as cancer-causing, but the debate over its safety is unlikely to abate.

 

15KUSHNER2-thumbStandard.jpg

Kushners, Trump In-Laws, Weigh $400 Million Deal With Chinese Firm

 

By CHARLES V. BAGLI and MICHAEL FORSYTHE

 

A potential agreement to sell a stake in a New York skyscraper would be extremely lucrative for the family of Jared Kushner, and could protect the Chinese buyers from scrutiny.

 

15DB-CFTC-thumbStandard.jpg

Trump Picks a Regulator Who Could Help Reshape Dodd-Frank Act

 

By BEN PROTESS

 

J. Christopher Giancarlo was selected to run the Commodity Futures Trading Commission, which regulates the sort of derivatives trading that spread panic on Wall Street in 2008.

 

15maddow-thumbStandard-v2.jpg

Rachel Maddow Lands a Scoop, Then Makes Viewers Wait

 

By MICHAEL M. GRYNBAUM

 

A promised revelation about President Trump’s tax returns galvanized the MSNBC anchor’s competitors and bolstered her ratings.

 

16audi1-thumbStandard.jpg

German Police Raid Audi Offices, Escalating Volkswagen Diesel Inquiry

 

By JACK EWING 11:30 AM ET

 

Searches of Audi offices threaten to damage the image of one of Volkswagen’s main sources of badly needed profit.

 

James Donovan Is Latest Goldman Sachs Executive to Join Trump Administration

 

By KATE KELLY

 

Mr. Donovan, a longtime Goldman banking and investment management executive, has been named to be the deputy to Treasury Secretary Steven T. Mnuchin.

 

16malaysia-1-thumbStandard.jpg

Disney Says It Won’t Edit ‘Beauty and the Beast’ for Malaysian Censors

 

By RICHARD C. PADDOCK 10:33 AM ET

 

Government censors had ordered that a brief, gay-themed scene be cut, and the studio’s refusal means the film will not open Thursday in Malaysia as scheduled.

 

16TWITTERHACK-thumbStandard.jpg

Hackers Post Pro-Erdogan Messages in Attack on Twitter Accounts

 

By MARK SCOTT and MILAN SCHREUER

 

The breach by unidentified intruders came amid a bitter standoff between Turkey and European Union countries, and as Dutch voters cast ballots in a general election.

 

15neiman-thumbStandard.jpg

Hudson’s Bay and Neiman Marcus Are Said to Be in Merger Talks

 

By RACHEL ABRAMS and IAN AUSTEN

 

A deal would put the struggling high-end retailer under the same umbrella as Saks Fifth Avenue and Lord & Taylor and highlight wider troubles at department stores.

 

16YOUNG-ITEM-thumbStandard.jpg

Kevin Young Is Named Poetry Editor at The New Yorker

 

By SOPAN DEB 56 minutes ago

 

After a decade in the role, Paul Muldoon, a Pulitzer winner, will step down as poetry editor of The New Yorker. He will be replaced by Mr. Young.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...