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Bank official says households able to withstand rate hikes

WaECwGQZJSwAd - Mon, 02/12/2018 - 22:02
Gertjan Vlieghe, a member of the Monetary Policy Committee, said a pick-up in wages and an increase in household debt meant the economy was ‘ready for somewhat higher interest rates’.

MARKET REPORT: Acacia Mining scraps dividend

WaECwGQZJSwAd - Mon, 02/12/2018 - 22:02
Acacia said it had been a ‘resilient’ year despite being ‘impacted by events beyond our control’. With no resolution in Tanzania, and a warning that costs could increase, shares dropped 3.9 per cent.

Boss of JP Morgan Chase more than double his money

WaECwGQZJSwAd - Mon, 02/12/2018 - 22:02
Jamie Dimon bought 500,000 shares in February 2016 for £19m. His investment followed a 20 per cent fall in the value of the firm’s stock amid fears over the health of the global economy.

Millions have no pension as self-employed saving plunges

WaECwGQZJSwAd - Mon, 02/12/2018 - 20:03
About 45 per cent of self-employed workers aged between 35 and 55 have no private pension, the Office for National Statistics revealed.

FTSE LIVE: European stock markets expected to rise

WaECwGQZJSwAd - Mon, 02/12/2018 - 17:44
Investors were cheered at the start of the week, as the FTSE 100 index closed up 84.63 at 7,177.06 today, as it climbed 1.2%.

RED Driving School slams talk of graduated licences

WaECwGQZJSwAd - Mon, 02/12/2018 - 17:19
RED Driving School boss Ian McIntosh blasted the proposal, saying young drivers face enough financial limitations and the UK 'already has virtually the safest roads' in the world.

Investors braced for another week of turmoil on markets

WaECwGQZJSwAd - Mon, 02/12/2018 - 15:16
Closely-watched US economic figures are due out and analysts have warned investors may run for the hills if prices are rising faster than expected.

The older generation are stepping in to help youngsters

WaECwGQZJSwAd - Mon, 02/12/2018 - 14:35
With many youngsters struggling to pay for university tuition fees and housing costs soaring, the older generation is increasingly stepping in to help out. Here's how to do it.

Range Rover's new hybrid tackles China's Tianmen Mountain

WaECwGQZJSwAd - Mon, 02/12/2018 - 14:09
The electric Range Rover Sport became the first off-roader to ascend the death-defyingly steep 99 hairpin turns and 999-steps of one of China’s most revered national landmarks.

Barclays Bank charged with fraud over loan to Qatar

WaECwGQZJSwAd - Mon, 02/12/2018 - 14:08
The Serious Fraud Office (SFO) has charged Barclays Bank in regard to a loan provided to the State of Qatar in 2008.

Stock market stress cure for jittery investors

WaECwGQZJSwAd - Mon, 02/12/2018 - 14:06
After nine years of soaring stock markets, global share prices have stumbled, leaving investors jittery. We outline key remedies to fight stock market stress.

House prices down by 0.4% despite losses in South East

WaECwGQZJSwAd - Mon, 02/12/2018 - 14:00
The average price for a UK price home has remained above the £300,000 mark, despite costs falling below what they were in January 2017, according to the latest House Price Index.

Sports Direct to introduce e-sports to stores

WaECwGQZJSwAd - Mon, 02/12/2018 - 12:46
Mike Ashley's Sports Direct has tightened its hold of the video game world by upping its stake in Game and revealing plans to open e-sport arenas in its stores.

Start-up tips from Innocent Drinks founder Richard Reed

WaECwGQZJSwAd - Mon, 02/12/2018 - 12:15
The story of Innocent and how three founders got it off the ground is a classic of 21st century British entrepreneurship. We speak to Richard Reed to get his tips for aspiring start-ups.

Battle of the smartphone current accounts - Monzo compared

WaECwGQZJSwAd - Mon, 02/12/2018 - 11:56
Monzo is the latest challenger to launch its current account. Does it deserve all the hype and are there any better options? We compare it to the likes of B and Starling Bank.

Wood Group secures multimillion dollar Saudi oil contract

WaECwGQZJSwAd - Mon, 02/12/2018 - 10:58
Energy and engineering services firm Wood has clinched a 'multimillion-dollar' contract with the oil giant Saudi Aramco, sending the company's shares up 1.75 per cent from 10.6p to 616p.

Britain pays retirees worst state pension

WaECwGQZJSwAd - Mon, 02/12/2018 - 10:36
The basic payout of £122.30 a week is the least generous in the West – worth just 29 per cent of average earnings.

Five money-saving energy myths busted

WaECwGQZJSwAd - Mon, 02/12/2018 - 10:35
To combat the cold do you usually whack the heating on high, or leave it on a low all day? If so instead of keeping the home warmer for longer and saving money, you could be wasting money.

Russell Hobbs distributor sees share price plunge 30%

WaECwGQZJSwAd - Mon, 02/12/2018 - 10:08
Revenue fell to £48.4 million in the six months up to January 2018 for UP Global Sourcing Holdings, known as ‘Ultimate Products’ - the company markets Russell Hobbs, Salter and Dreamtime.

RAY MASSEY: Mitsubishi’s Eclipse Cross new in SUV market

WaECwGQZJSwAd - Mon, 02/12/2018 - 09:17
I drove the nifty all-wheel-drive 1.5 litre direct injection turbo-charged petrol Eclipse Cross 4 - linked to an agile 8-speed continuously variable (CVT) gearbox.
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