Business

Consumers

UK consumer confidence in May rose to highest level in a year

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UK consumer confidence in May rose to its highest level in a year, with a record number of households expecting their finances to improve in...
land rover road

UK car production dropped in April

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UK car production dropped in April compared with the same month in 2014. Robust demand at home wasn’t enough to offset the decline in exports. According...
handshake

Avago in advanced talks to acquire rival Broadcom

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Avago Technologies Ltd is said to be in advanced talks to acquire rival Broadcom Corp in a deal that could be valued at $35...
greek flag

Greece won’t pay €1.6b IMF debt, could default, says minister

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Greece won’t be able to pay the €1.6 billion it owes the International Monetary Fund next month, unless it secures further rescue funding from...
Osborne Chancellor

George Osborne chickens out of French kiss dare with election strategist

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Before the UK general election, Chancellor George Osborne had promised to make good on a French kiss dare with campaign strategist Lynton Crosby -...
bank of scotland

Bank of Scotland to close 13 branches this year

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Bank of Scotland announced that it will be closing over a dozen branches across Scotland this year. By the 18th of September a total of...
Janet Yellen

Fed Chair Janet Yellen expects an interest rate hike later this year

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Janet Yellen said that she expects the Federal Reserve to begin raising the key interest rate at some point later this year. On Friday the...
Five Pound note (sterling).

Electronic payments more popular than using cash in the UK

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For the first time the number of cashless payments has overtaken the use of notes and coins in the UK. According to the UK Payments...
London Ox Econ

London homes to cost £1m by 2030 – economy will outstrip European rival cities

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London home prices will average at least £1 million by 2030, says forecasting body Oxford Economics, which also predicts that the capital’s economic and...
George Osborne

Osborne announces next Budget will be in July

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George Osborne announced that on July 8 he will deliver his first all-Tory Budget. Mr. Osborne said that the budget is going to aimed at...