News: Money

Brexit Good for Terra Firma, Bad for Most People, Hands Says

Monday  19:30,   23 january 2017
Bloomberg

The U.K.’s decision to leave the European Union is going to lead to dramatic changes in the way the country’s economy operates.The country will have to get rid of much of its social safety net and may see a 30 percent decline in wages in real terms[...]

Soros says Trump ‘uncertainty’ will cause global markets to falter

Monday  16:50,   23 january 2017
MarketWatch

Billionaire investor George Soros may have been wrong-footed by the November election results, but he says global markets will falter due to “uncertainty” and confusion surrounding Donald Trump’s policies.Now for a little pre-inaugural[...]

How eBay helped me make millions

Monday  14:35,   23 january 2017
MSN

Rachael White reveals how she turned her eBay hobby into a million-pound business, and how you could do the[...]

An economist outlined how a 'Hard Brexit' will be 'disastrous' for certain jobs in Britain — and it's not just finance

Monday  13:51,   23 january 2017
MSN

Britain has a number of sectors that will suffer in terms of funding and jobs post-Brexit and finance won't be the one victim, says one of the most prominent economists in the UK. Professor Erik Berglof, director of the Institute[...]

Sabic Buys Out Shell in Saudi Petrochemical for $820 Million

Monday  13:20,   23 january 2017
Bloomberg

Saudi Basic Industries Corp., the Middle East’s biggest petrochemicals producer, agreed to buy out Royal Dutch Shell Plc’s 50 percent stake in a Saudi joint venture for $820 million. define("homepageFinanceIndices", ["c.deferred"], function () [...]

Britain's new towns see house prices grow by almost a third in 10 years

Monday  11:35,   23 january 2017
Press Association

House price growth in Britain's new towns has outperformed the national average over the past decade, a report has found. define("homepageFinanceIndices", ["c.deferred"], function () { var quotesInArticleFormCode = "PRMQAP"; [...]

School budgets 'being pushed even closer to breaking point'

Monday  11:30,   23 january 2017
Press Association

Schools are facing financial "breaking point" as figures show the number in deficit has doubled since 2015, teaching chiefs have warned. The National Association of Head Teachers (NAHT) said its survey of 1,102 school leaders found[...]

UK high street retailers race to keep up with online demand

Monday  04:40,   23 january 2017
Reuters

By Kate[...]

Crumbling lira pressures Turkish retailers as economy slows

Monday  04:25,   23 january 2017
Reuters

By Ceyda[...]

This Twitter founder thinks tech could become the next big tobacco

Monday  04:25,   23 january 2017
City AM

One of the founders of Twitter has said that online is turning into a "a nasty business" and that the big technology firms must take action before they become as reviled as big[...]

BT to publish third-quarter results amid Openreach battle with watchdog

Monday  04:25,   23 january 2017
Press Association

Telecoms giant BT will report back on third-quarter trading next week as it battles with communications watchdog Ofcom over plans to force it to legally separate its Openreach network arm. define("homepageFinanceIndices", ["c.deferred"], function[...]

UK faces slow growth and rising unemployment due to Brexit, think tank warns

Monday  04:25,   23 january 2017
Press Association

Britain is facing three years of slow growth, rising unemployment and squeezed consumer spending as the Brexit-induced collapse in the pound triggers a radical rebalancing of the economy. A report by influential think tank EY Item Club, which uses[...]

The world’s ‘most innovative’ economy

Sunday  16:10,   22 january 2017
MarketWatch

Its lead may have narrowed over the past year, but South Korea still reigns supreme on Bloomberg’s Innovation Index, which ranks the world’s economies using metrics such as R&D spending and the concentration of high-tech public[...]

May to launch £170m boost for technical education

Sunday  16:10,   22 january 2017
Press Association

Theresa May is looking to shake up technical education with a £170 million investment in new "prestigious" institutes of technology as part of her "crucial" industrial strategy for post-Brexit Britain. The Prime Minister said the [...]

New F1 owner poised for boardroom shake-up

Sunday  03:55,   22 january 2017
Sky News

The new owner of Formula One (F1) motor racing will unveil a boardroom shake-up next week that will include the departures of two of Europe's leading businessmen.Sky News has learnt that Liberty Media Group has decided to part company with all[...]