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)...
Next global meltdown looming closer, warns IMF
The chances of another global financial meltdown are increasing significantly, the International Monetary Fund (IMF) warns. It is no longer a question of whether...
EU takes aim at migrant smugglers
The EU (European Union) has activated Operation Sophia, a coordinated military operation aimed at catching migrant smugglers by intercepting their boats in the southern...
Tesco’s half year profits more than halved
Tesco reported a big drop in profits for the first half of its financial year, despite a slight improvement in like-for-like sales.
The UK’s largest supermarket...
UK wind energy sector generated £1.25 billion for the economy last year
A total of £1.25 billion was invested into the UK economy last year because of wind energy, according to a new industry report by...