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Laura Ashley's shares dive as group posts profits warning

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 10:08
The furniture and clothing retailer's pre-tax profits slumped from £7.8million to £4.3million over the period to 31 December, its latest half-year results reveal.

How do pensions work? Your guide to retirement saving

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 10:03
Making the most of a pension is your best chance of securing a decent income when you retire. We explain what you need to know.

Vulture advisers bamboozled British Steel savers, say MPs

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 09:37
Urgent action is needed to protect people with generous and guaranteed final salary pensions from being cheated, according a scathing report issued by MPs today.

Uber losses swell to 65 per cent to £3.3bn

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 09:05
Chief executive Dara Khosrowshahi, who took over from ousted co-founder Travis Kalanick, hopes to make an underlying profit by next year, ahead of a stock market float in 2019.

How to invest in biotechnology: Top fund manager explains

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 08:53
Biotechnology is an exciting industry, where technology creates medicine tailored to individuals. Carl Harald Janson, of International Biotechnology Trust, explains it to us.

BoE: Workers to get biggest pay rise in a decade in 2018

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 08:34
Pay packets are now expected to rise by an average of 3.1 per cent this year, above the better-than-expected rate of 2.6 per cent seen last year, Bank of England data shows.

Best mobile networks offering flexible contracts

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 07:45
EE has overhauled its mobile tariffs, giving users the option to add-on extra perks as and when they please. We take a look at what it offers and the other deals out there offering more flexibility.

Director's Deals: Tate & Lyle boss Javed Ahmed gives share

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 00:17
Ahmed, 58, is stepping down in April to be replaced by finance chief Nick Hampton. Ahmed and his wife Talat have transferred 1.5m shares to their two daughters, Ayesha and Sara.

Alex Brummer: Persimmon boss Fairburn's opaque gesture

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 00:16
Separating Persimmon chief executive Jeff Fairburn from part of his potential bonus of £116m has been like pulling teeth and there is still much about his approach which is unacceptable.

Steelworkers targeted in pensions mis-selling scandal

lbWepZaFvATzSCKT - Thu, 02/15/2018 - 00:01
Tata Steel workers in Port Talbot were 'shamelessly bamboozled' into signing up to unsuitable funds, according to the Work and Pensions Committee, amid fears workers have lost thousands of pounds.

Sky and BT shares on the up after Premier League auction

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 23:36
In total, BT and Sky stumped up nearly £4.5billion to screen the lion's share of 200 games for each season between 2019 to 2022.

Why Donald Trump has been a disaster for US gun sales

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 22:26
Predecessor Barack Obama presided over a golden era for American weapons firms – because the threat of tough restrictions fuelled a buying spree by gun enthusiasts.

Carillion fallout: Shares in Galliford Try plunge 20%

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 22:21
The company revealed plans to raise an additional £150 million in capital after being left to continue work on a major Scottish road project alone following the liquidation of Carillion in January.

CITY DIARY: Deutsche investment chief 's cinema success

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 22:03
Alisdair Warren is the owner of The Electric Palace, an art deco cinema in his home town of Bridport, Dorset, which he bought in 2015 for £500,000.

DAILY BRIEFING: End of dry January boosts Waitrose

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 22:02
Customers at Waitrose have been celebrating the end of dry January, with the grocer reporting a 27 per cent rise in craft beers and gin sales up 14 per cent last week.

MARKET REPORT: Monster sales put fizz into bottling firm

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 21:55
Quirky new products such as Sprite Cucumber, Schweppes Pomegranate and eight varieties of Fanta added sparkle to Coca-Cola HBC's sales, which were up by almost 5 per cent.

British workers set for best pay rise in a decade

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 21:55
A report by the regional agents of the Bank of England suggests firms expect to give the average worker a 3.1 per cent pay rise in 2018, compared to 2.6 per cent last year and the strongest for a decade.

BT trounced by Sky in the £4bn football bidding war

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 21:50
While Sky managed to slash the amount it pays per football match, arch-rival BT ended up paying more. The blunder piles fresh pressure on Gavin Patterson, BT’s embattled boss.

Murdoch urged to raise Fox's £11.7bn offer for Sky

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 21:50
The US entertainment giant would pay 1075p per share under a takeover first proposed in December 2016. But Sky shares surged higher than that amount yesterday, rising 21p to 1082p.

FTSE CLOSE: Eyes turn to US inflation report

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 17:26
All eyes are on the next big economic report from the US with inflation figures due out today. It has raised fears markets could react badly after last week's global sell off as European markets steady.
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