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financial times newspaper

Japan’s Nikkei acquiring The Financial Times for £838 million

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The Financial Times is being acquired by Japanese media group Nikkei from UK-based Pearson for £844 million payable in cash. The deal represents the biggest...
Tesla factory

UK car production surges to seven-year high

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UK car production boomed to a seven-year high in the first half of 2015, according to The Society of Motor Manufacturers and Traders (SMMT)....
Bank of England

UK interest rates could rise soon despite BoE vote to hold steady

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All members of the Bank of England’s Monetary Policy Committee voted to keep interest rates at 0.5 percent on July 8, including Martin Weale...
rsz_uk_flag_min

UK government borrowing dropped to record low in June

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UK government borrowing dropped in June to the lowest level for the month in seven years, suggesting that the recent economic recovery is helping...
Ikea

IKEA to pay UK workers above 2016 living wage

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IKEA Group announced on Monday that it will begin paying its employees above the government's new National Living Wage next year. Earlier this month Chancellor...
Stacks of gold bars

Gold prices plunge to five year low

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Gold prices dropped to a five year low on Monday, plunging 4 percent at one point to $1,088 a troy ounce - the lowest...
Ciudad Real Airport

Ciudad Real Airport sold for only €10,000

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Ciudad Real Airport, a Spanish “ghost airport” which cost around €1.1 billion (£760 million) to build, is set to be purchased by Chinese investment...
FCA

Martin Wheatley standing down as head of FCA

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There is now a global search for a new head of the Financial Conduct Authority (FCA) after it was announced that Martin Wheatley will...
Bank of England

Bank of England could increase interest rates this year

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The Governor of the Bank of England indicated on Thursday night that interest rates in the UK could begin to increase by the end...
Photo_Alexis_Tsipras

Greece votes in favour of measures to secure a bailout

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The Greek Parliament has voted in favour of austerity measures necessary to secure a third bailout for the country which is on the brink of...