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Overseas tourists splashing out in UK and more Britons opting to holiday at home fuels spending boom 

Daily Mail - Mon, 08/22/2016 - 20:56
The fall in sterling since the Brexit vote in June, and fears of terrorism abroad, has also meant more British families have chosen to holiday at home.

Maggie Pagano: As star fund manager Neil Woodford bans them for his staff...is it time to scrap bonuses?

Daily Mail - Mon, 08/22/2016 - 20:56
Calling on the industry to follow his lead, Woodford claimed bonuses distort behaviour, encourage short-termism, and indeed recklessness. And he is not alone in his thinking.

We'll be sending tourists into orbit by 2021, claims boss of Manchester-based firm

Daily Mail - Mon, 08/22/2016 - 20:56
Rocketman Steve Bennett, who set up and runs Manchester-based Starchaser Industries, said the company is 'pretty close' to putting tourists in space.

MARKET REPORT: Oil and mining shares plunge as Iraq announces 5% export boost 

Daily Mail - Mon, 08/22/2016 - 20:56
The revelation from Opec's second largest producer sent the price of crude spiralling by almost 3% and back below $50 a barrel. Fresnillo was the greatest faller on the FTSE for the day, losing 5.9%.

China closes in on megadeal takeover of Swiss seeds and pesticides giant Syngenta

Daily Mail - Mon, 08/22/2016 - 20:56
The £33bn deal will be the largest foreign acquisition by a Chinese firm. The deal will trigger a huge pay day for advisers including HSBC, JP Morgan, Goldman Sachs and UBS.

Last 35 BHS stores to close this week after 88 years on the High Street

Daily Mail - Mon, 08/22/2016 - 20:56
Previous owner retail billionaire Sir Philip Green has been branded the 'unacceptable face of capitalism' by furious MPs after he sold the firm to serial bankrupt Dominic Chappell for £1 in 2015.

How Britain weathered storm after Brexit vote: Two months on, the pound is down but shares have soared

Daily Mail - Mon, 08/22/2016 - 20:56
Brexit shocked markets, sent the pound tumbling and led to apocalyptic warnings of economic doom. But two months on a sense of calm has returned to the City and the country.

CITY DIARY: Haulage magnate Steve Parkin hires Robbie Williams for his private party for a rumoured £1m

Daily Mail - Mon, 08/22/2016 - 20:55
Fish trader's son Parkin, 55, likes to enjoy his £220m fortune. He owns over 70 racehorses, as well as private jet and helicopter. His career began down a south Leeds coal mine.

DAILY BRIEFING: Watchdogs too bogged down in paperwork to catch rogue traders, says rogue trader 

Daily Mail - Mon, 08/22/2016 - 20:55
Nick Leeson, jailed in the 1990s after losing hundreds of millions of pounds in risky trades that resulted in the collapse of Barings, said red tape ‘is detracting from what they should be doing’.

Pfizer raid on cancer drug developer Medivation to spark takeovers in drugs sector

Daily Mail - Mon, 08/22/2016 - 20:55
The deal follows months of speculation about possible suitors for San Francisco-based Medivation, which produces prostate cancer treatment Xtandi.

Nearly half of exporters expect their business growth to fall as a result of Brexit

Daily Mail - Mon, 08/22/2016 - 20:40
The Institute of Export said 42 per cent of its members expected their business growth to decline in the long term as a result of leaving the single market.

June Sarpong to launch new fashion collection at trade show Best of Britannia

Daily Mail - Mon, 08/22/2016 - 20:37
Television star June Sarpong is to launch a new Made in Britain fashion collection at the Best of Britannia London trade show next month.

Pensioners trapped in their homes by shared appreciation mortgages

Daily Mail - Mon, 08/22/2016 - 19:53
Alexander Macrae, 82, (pictured) cannot afford to heat his large house, but is stuck living in it because the moment he sells Bank of Scotland will demand £147,250.

140 small firms sue RBS for £1bn

Daily Mail - Mon, 08/22/2016 - 16:57
The 140 companies say they were pushed into administration by NatWest owner RBS’s global restructuring group so the bank could use their assets to pay down its debts.

FTSE CLOSE: Footsie finishes lower as oil prices slides

Daily Mail - Mon, 08/22/2016 - 16:50
The FTSE 100 closed down 30.41 points at 6828.5 as a slump in oil and other commodity prices dampened trader sentiment in London.

BHS row won’t go away unless Sir Philip gets his chequebook out

Daily Mail - Mon, 08/22/2016 - 16:31
Sir Philip must realise this is not going away and that if he ever wants to sail into an island idyll in peace again he needs to get his chequebook out sooner rather than later.

Militant Regrets Destroying Shrine

The New York Times - Mon, 08/22/2016 - 16:29
Ahmad al-Faqi al-Mahdi entered a guilty plea at the International Criminal Court on Monday and expressed regret for his role in the destruction of holy shrines in Mali.
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First Utility encouraged me to switch energy tariffs then charged me £60 in exit fees

Daily Mail - Mon, 08/22/2016 - 14:59
I switched to one of its own tariffs, but First Utility still charged me £60 in exit fees to do so. I only switched because it had been emailing me to do so.

Pirc calls for Sports Direct shareholders to block re-election of Mike Ashley

Daily Mail - Mon, 08/22/2016 - 14:38
Pensions Investment and Research Consultants, which advises clients with assets of more than £200bln, said it has ‘significant concerns’ about Mr Ashley's ‘influence on the board’.

SMALL CAP IDEAS: Great asset, decent management underpins Sirius Minerals 

Daily Mail - Mon, 08/22/2016 - 12:40
In June 2010, Sirius Minerals' shares were changing hands for 1.9p each with the company struggling to fund the development of potash and salt deposits in North America and Australia.
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