Pub chain JD Wetherspoon closes all social media accounts
British pub chain JD Wetherspoon announced the closure of all its social media accounts, including its Twitter, Instagram and Facebook accounts for both head...
Fee-free bank account deal agreed between UK Treasury and 9 banks
A deal has been reached between HM Treasury and 9 UK banks for a new fee-free template for basic bank accounts. Account holders will have...
Martin Sorrell steps down as chief executive of WPP
Martin Sorrell is stepping down as chief executive of the world’s largest advertising company WPP after the board investigated an allegation of misconduct.
In a...
New Zealand banning all new offshore oil exploration permits
New Zealand is banning all new offshore oil exploration permits as part of an effort to tackle climate change.
Prime Minister Jacinda Ardern said the...
IMF warns that China’s credit growth is unsustainable
The International Monetary Fund warned that China’s credit growth is unsustainable.
In this context, 'unsustainable' means that debts in China will face serious problems.
Concern about...
Trump reconsidering Trans Pacific Partnership (TPP) if there is a better deal
US President Donald Trump said that he will reconsider the Trans Pacific Partnership (TPP) if there is a deal “substantially better” than the one...
Theresa May news lifts FTSE 100 and pound investors welcome safe pair of hands
As soon as it became clear that Theresa May would be the new Conservative Party leader, and thus Britain’s next Prime Minister, London’s FTSE...
UK supermarkets use ‘substitute’ ingredients in own-brand pesto
British supermarkets are selling own-brand pesto products that contain substitute ingredients which are cheaper, according to an investigation carried out by consumer watchdog “Which?”.
Pesto...
Jaguar Land Rover cutting 1,000 temporary jobs at Solihull
Jaguar Land Rover is cutting 1,000 temporary jobs at its plant in Solihull because of "continuing headwinds" affecting the car industry.
The automaker saw a...
IAG interested in making a bid for Norwegian Air Shuttle
IAG, owner of British Airways, is reportedly interested in making a bid to acquire Norwegian Air Shuttle.
The acquisition would give IAG increased market share...