UK is not immune to global economic risks, warns Osborne
Chancellor George Osborne warned on Friday that global economic risks are rising and the UK will not be immune, adding that recovery will slow...
Brexit movement Vote Leave recruits millionaires across the political spectrum
Vote Leave is the name of the new cross-party Brexit (Britain exiting the EU) campaign. It has the financial backing of several millionaires who...
Glencore cutting zinc production by 500,000 tonnes
Mining giant Glencore announced on Friday that it plans on reducing zinc production by 500,000 tonnes.
A total of 1,540 jobs will be affected.
The...
Two solar energy firms go bust in the UK, over 1,000 jobs lost
Two major solar panel installers have gone into administration over the past two days in the UK.
More than 1,000 jobs are expected to be...
BoE votes to keep rates at 0.5%, triggering FTSE gains
The Monetary Policy Committee of the BoE (Bank of England) voted by a majority of 8-1 to maintain the Bank Rate at 0.5%, a...
UK house sales and mortgage approvals rose in September
UK house sales and mortgage approvals rose in September, however, there is still a shortage of properties on the market.
Property prices also rose, albeit at...
Gannett Co acquiring Journal Media Group for $280 million
Gannett Co Inc, the largest U.S. newspaper publisher as measured by total daily circulation, announced on Wednesday that it will acquire Journal Media Group...
New £4.5mn trains from London to Cardiff slower than 40 years ago, transport union...
The Rail, Maritime and Transport union claims that new £4.5 million trains running from London to Cardiff will be slower than the trains provided...
IMF cuts global growth forecast to 3.1% in 2015 and 3.6% in 2016
The International Monetary Fund cut its global growth forecasts again and warns that "global financial stability is not yet assured”.
The IMF expects the global...
Good August manufacturing figures boost British pound
After a July slump of -0.7%, UK manufacturing was +0.5% up in August, according to figures published by the Office for National Statistics (ONS)...