Sunshine and football boost UK retail sales | City & Business | Finance

Official figures showed sales volumes rising by 0.7 per cent from the previous month, well ahead of the 0.2 per cent growth anticipated by analysts and more than reversing the 0.5 per cent fall in June. The quantity bought was up 3.5 per cent from the same period last year, fuelling hopes of a recovery in consumer spending. Further evidence emerged More...

by admin | Published 10 hours ago
By admin On Wednesday, August 15th, 2018
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Cost of living hike: Higher transport costs push up inflation | City & Business | Finance

The Consumer Price Index showed the cost of living rose to 2.5 per cent last month, up from 2.4 per cent in June. Office for National Statistics expert Mike Hardie said: “Transport tickets and fuel, along More...

By admin On Wednesday, August 15th, 2018
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Turkish lira MELTDOWN: Analyst warns Turkey will face SERIOUS PRESSURE | City & Business | Finance

The Turkish lira has nosedived in value in the past week over concerns about Erdogan’s economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American More...

By admin On Tuesday, August 14th, 2018
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Pension scam warning: Fraudsters stealing £91k as new TPR campaign launched | Personal Finance | Finance

Fraudsters posing as pension advisers and providers stole an average £91,000 each from 253 known victims last year alone, new research reveals, though they are thought to be just the tip of the iceberg as More...

By admin On Monday, August 13th, 2018
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Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery | City & Business | Finance

DAILY HEADLINES Good afternoon and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.  Some good news finally arrives for crypto investors More...

By admin On Sunday, August 12th, 2018
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Construction and retail get warmer | City & Business | Finance

It grew by 1.3 per cent from the same period in 2017.  But it failed to fire on all cylinders as industrial production fell, including a 0.9 per cent drop in manufacturing which has struggled to match a powerhouse More...

By admin On Saturday, August 11th, 2018
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Pound live: Strategist has SHOCK warning as sterling DROPS amid Brexit chaos | City & Business | Finance

The escalation of fears surrounding a no deal Brexit is said to be one of the causes of the low trading rate seen on pound sterling this week. Foreign exchange strategist at ING Viraj Patel said the current More...

By admin On Friday, August 10th, 2018
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House of Fraser clock is ticking | City & Business | Finance

The Chinese-owned department store group set out the race against time in a statement to the Luxembourg stock exchange, where its bonds are listed. It said: “Discussions continue with interested investors More...

By admin On Thursday, August 9th, 2018
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Paddy Power’s bet on Oz taxes its earnings | City & Business | Finance

Shares in the FTSE 100 bookmaker and online betting exchange fell 580p to 7540p as it trimmed its full-year pre-tax earnings guidance to £460-480million from £470-495million. Chief executive Peter Jackson More...

By admin On Wednesday, August 8th, 2018
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UK launch for Uber rival Ola | City & Business | Finance

It has also obtained a licence for Greater Manchester and hopes to operate nationwide by January. It will be the first to offer both private hire vehicles and black cabs on its smartphone application. While More...

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