Money

en-gb Money

China's robust exports, surging imports boost economic recovery; outlook challenging

China's robust exports, surging imports boost economic recovery; outlook challenging

2021-04-13T04:52:09Z

TfL passenger numbers jump as retail and hospitality reopen

Passenger numbers on Transport for London (TfL) services jumped this morning as people rushed to back to the capital’s shopping The post TfL passenger numbers jump as retail and hospitality reopen appeared first on CityAM.

2021-04-12T13:22:33Z

Dollar languishes near three-week lows as traders brace for inflation data

Dollar languishes near three-week lows as traders brace for inflation data

2021-04-13T01:26:39Z

Eurostar on brink: UK told not to fall for 'cheeky' demands as firm is 'French owned'

EUROSTAR is on the verge of bankruptcy as a commentator warned the UK not to bailout the company.

2021-04-12T11:26:04Z

Making women retire later sees state pick up £5,600 bill for care

For every woman working 30 hours a week in her sixties, it costs state £5,600 to make up for care she would have provided for elderly relatives, researchers at King's College London found.

2021-04-13T01:52:01Z

Intel offers up factories to ease chip shortage that has stalled car production

Intel offers up factories to ease chip shortage that has stalled car production

2021-04-13T02:27:20Z

Stanlow refinery owner hit by legal resignations amid governance row

The owner of Britain's second-biggest oil refinery has been hit by the resignation of two blue-chip City law firms amid a deepening financial and corporate governance crisis at the company.

2021-04-12T16:43:11Z

Tory anger as Kwarteng backtracks on move to prevent hostile takeovers

Business Secretary Kwasi Kwarteng (pictured) has tabled an amendment to the National Security and Investment Bill - which aims to impose safeguards on foreign ownership of UK firms.

2021-04-12T21:35:45Z

Turkey’s economic turmoil drives Bitcoin frenzy

The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has endured through the centuries. At the Red Lightning teahouse in Çorum, the enterprising owners have one foot in the past and one in the future: it’s the first one in the country where customers can pay in bitcoin. “Everyone we know in Çorum is starting to invest in cryptocurrency. We think that in five years or so regular currency will be in decline,...

2021-04-13T04:13:16Z

I'm sure PayPal never told me I could take a payment holiday

Hady Ahmad, 40, an oil industry engineer from West London, saw his income dry up towards the end of last February as the price of oil fell and travel restrictions were imposed due to the pandemic.

2021-04-13T07:06:04Z

UN chief urges wealth tax of those who profited during COVID

UNITED NATIONS (AP) — Secretary-General Antonio Guterres declared Monday that the world’s failure to unite on tackling COVID-19 created wide inequalities, and he called for urgent action including a wealth tax to help finance the global recovery from the coronavirus. The U.N. chief said latest reports indicate that “there has been a $5 trillion surge in the wealth of the world’s richest in the past year” of the pandemic. He urged governments “to...

2021-04-12T22:43:55Z

Grab set to announce deal with U.S. SPAC at $40 billion valuation - sources

Grab set to announce deal with U.S. SPAC at $40 billion valuation - sources

2021-04-13T05:42:03Z

EU torn apart as Greta Thunberg dismantles bloc for turning blind eye to science

THE EU was torn apart by climate activist Greta Thunberg after she dismantled its failure to "listen to the science" over the bloc's devastating Common Agricultural Policy (CAP).

2021-04-12T12:48:46Z

Airbus rolls out boardroom shake-up as technology and defence chiefs quit

Airbus this evening unveiled its biggest boardroom shake-up for two years as its technology and defence chiefs announced their departure. The post Airbus rolls out boardroom shake-up as technology and defence chiefs quit appeared first on CityAM.

2021-04-12T19:52:41Z

Oh dear, Nicola! Sturgeon's independence and EU dreams dismantled ‘Greece without the sun'

NICOLA STURGEON's separatist dream is nothing but a "tartan fantasy" which will cost Scotland £26billion a year and leave it in debt to the tune of £300billion, an economist has warned.

2021-04-12T22:03:51Z

UK economy returns to growth despite Covid restrictions

Britain’s economy returned to growth in February despite continuing government Covid restrictions as businesses adapted to lockdown and exports to the EU started to recover after a record plunge in the first month since Brexit. The Office for National Statistics said gross domestic product (GDP) rose by 0.4% in February from a month earlier as the economy showed some signs of improvement after a revised drop of 2.2% in January. Despite the...

2021-04-13T07:01:31Z

White House zeros in on chip shortage in meeting with company officials

White House zeros in on chip shortage in meeting with company officials

2021-04-12T18:51:07Z

Brexit LIVE: Give in, Boris! EU urges UK to accept massive trade U-turn with NEW deal

BORIS JOHNSON has been urged by the European Union to accept a massive U-turn with a brand new deal on Brexit arrangements for Northern Ireland, as the two sides edge closer to resolving the thorny issue.

2021-04-13T06:56:14Z

Asia shares bounce on strong China trade data

Asia shares bounce on strong China trade data

2021-04-13T01:56:44Z

Taxpayers left with £60m bill from the 2017 collapse of budget airline Monarch

More than 110,000 passengers were trapped abroad when the budget airline went into administration at 4am on 2 October 2017. At the time it was the largest ever failure of a UK airline.

2021-04-12T21:08:43Z

Change bank capital rules to boost climate action - survey

Change bank capital rules to boost climate action - survey

2021-04-12T23:11:29Z

Deliveroo and Sainsbury’s expand partnership nationwide

Deliveroo and Sainsbury’s will expand their partnership nationwide, following a successful trial that saw Sainsbury’s become available to order from The post Deliveroo and Sainsbury’s expand partnership nationwide appeared first on CityAM.

2021-04-13T06:53:08Z

Boris Johnson told 'up your game' and 'listen to shop floor' in fishing row

A FORMER Brexit Party MEP has called on Boris Johnson to "up your game" to help British fishermen amid claims post-Brexit trade barriers had left some within the industry struggling to survive.

2021-04-12T21:11:07Z

Rush to shop is fuelled by pent-up savings and will see the UK economy surge, claims Bank of England's chief economist

It is estimated that UK households have built up £250bn in savings during lockdown, which Bank of England chief economist Andy Haldane (pictured) believes could lead to a spending bonanza.

2021-04-12T21:08:43Z

China's revamp of Ant dents investor appetite for IPO revival

China's revamp of Ant dents investor appetite for IPO revival

2021-04-13T05:32:04Z

One in five wealthier households ‘saved more than £10,000 over the past year’

Reduced outgoings have helped some households to make savings, LV= said.

2021-04-13T01:46:33Z

Union chief calls on Edinburgh Trams boss to return £49k bonus in ‘show of solidarity’ with workforce furloughed during Covid pandemic

A union chief is calling on the managing director of Edinburgh Trams to return his £49,000 bonus to show “solidarity” with the workforce who have been furloughed during the pandemic.

2021-04-12T18:43:58Z

Britain's JD Sports reinstates dividend as online boom lifts forecast

Britain's JD Sports reinstates dividend as online boom lifts forecast

2021-04-13T07:03:02Z

Reuters names Alessandra Galloni as its next editor-in-chief

Reuters names Alessandra Galloni as its next editor-in-chief

2021-04-12T22:26:28Z

Sadiq Khan's TfL finances under microscope as panic erupted over 'on a knife-edge' fear

SADIQ KHAN has been embroiled in a furious row with the Government over Transport for London (TfL)'s finances, which has left the capital "on a knife-edge".

2021-04-12T12:48:34Z

Oil edges higher on Mideast tension, likely crude stocks drawdown

Oil edges higher on Mideast tension, likely crude stocks drawdown

2021-04-13T01:46:39Z

UK nears major breakthrough in hated NI deal after EU files legal action

UK OFFICIALS are poised to make a major breakthrough in talks on the controversial Northern Ireland protocol, just weeks after the EU launched legal action over the matter.

2021-04-12T06:47:32Z

Reasons to be cheerful as economy begins faster than expected bounceback

THE economy is bouncing back a bit quicker than previously thought, the latest official figures show, giving hope to businesses around the country that they can survive Covid.

2021-04-13T06:43:05Z

Exports to EU partially rebound after January slump

Goods exports to the EU partially rebounded in February after a record slump at the start of the year, official figures show.

2021-04-13T06:28:33Z

David Beckham's cannabis company Cellular Goods hires Ren Skincare founder Antony Buck

Former England captain Beckham (pictured) owns a 5 per cent stake in Cellular Goods through his business DB Ventures. Its lines will contain CBD, the non-psychoactive product of the plant cannabis.

2021-04-12T21:08:43Z

MARKET REPORT: Worries over UK Covid traffic lights plan that could mean budget airlines flying far fewer passengers

Britons have been told they can begin to think about travel again from May 17 as the Government hammers out the details of its new system. This will split countries into green, amber and red categories.

2021-04-12T21:08:43Z

Italy prepares new 40 billion euros economic stimulus package - source

Italy prepares new 40 billion euros economic stimulus package - source

2021-04-12T19:41:13Z

UK retailers report higher spending in March - BRC

UK retailers report higher spending in March - BRC

2021-04-12T23:09:42Z

PensionBee founder could be worth £140m when firm floats

The founder of an online pensions company could be worth up to £140m on paper after the company announced it would list on the London Stock Exchange with a value of up to £384m. Romi Savova, the chief executive of PensionBee, set up the consolidation business in 2014 after having problems transferring her old workplace pension to a new provider. The company, which helps people track down their old plans and consolidate them, has more than 81,000...

2021-04-12T19:13:08Z

To make Britain competitive globally, we must strip away regulatory red tape

Last month, the UK’s Competition and Markets Authority (CMA) made a ruling which blocked the merger of the two British The post To make Britain competitive globally, we must strip away regulatory red tape appeared first on CityAM.

2021-04-13T06:07:59Z

Dream homes that have been given away for free

When it comes to buying a dream home, you don't always need millions in the bank. These stunning homes have all been given away for next to nothing. Prepare to be green with envy...

2021-01-23T01:23:36Z

Trip.com to raise $1.09 billion in Hong Kong listing - sources

Trip.com to raise $1.09 billion in Hong Kong listing - sources

2021-04-13T03:02:33Z

Just Eat Takeaway says first-quarter orders up 79% to 200 million

Just Eat Takeaway says first-quarter orders up 79% to 200 million

2021-04-13T05:57:51Z

Blackstone tweaks conditions for $6 billion Australia Crown Resorts buyout

Blackstone tweaks conditions for $6 billion Australia Crown Resorts buyout

2021-04-13T03:41:52Z

‘It will give structure to the day’: Goldman Sachs staff return to London offices

A steady stream of black cabs pulled up outside Goldman Sachs’ European headquarters in central London early on Monday morning, transporting bankers to their desk. For many of them, it is the first time in more than a year they have been back to the office after the relaxation of the government’s coronavirus lockdown regulations. Stepping out of one cab is Ben, a risk strategy officer who declined to give his surname and who is returning to...

2021-04-12T16:43:24Z

SEISS eligibility checker: Who can apply for SEISS grant four? HMRC issues update

SEISS grant four will be available to claim from the end of April, so who can apply for the fourth self-employed grant?

2021-04-12T21:56:09Z

Air Canada reaches deal on C$5.9 billion aid package with Ottawa, will buy Airbus, Boeing jets

Air Canada reaches deal on C$5.9 billion aid package with Ottawa, will buy Airbus, Boeing jets

2021-04-13T00:01:31Z

20 tips to find the perfect home

Despite predictions of doom and gloom, the real estate market has not only survived the global pandemic, but it’s booming. Suburban homes, especially, are feeling the heat, while urban condominium prices have dipped as people move out of crowded urban spaces. Here are 20 tips for finding a perfect home.

2021-04-12T20:10:29Z

Exclusive-GameStop initiates search for new CEO -sources

Exclusive-GameStop initiates search for new CEO -sources

2021-04-12T17:41:03Z

Before the Bell: Markets shift into neutral gear ahead of heavyweight data

Financial markets look to be shifting into neutral gear ahead of heavyweight data starting with China’s Trade Balance due shortly, The post Before the Bell: Markets shift into neutral gear ahead of heavyweight data appeared first on CityAM.

2021-04-13T06:38:01Z

Older Posts →