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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.


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.


EU shoots itself in foot: French businesses issue trade plea as Brussels' demands backfire

FRENCH businesses are starting to feel the impact of Brexit trade demands made by the European Union.


BUSINESS LIVE: Economy inches back to growth in February; JD Sports boosted by online sales; Just Eat Takeaway orders up to 200m

The economy clawed back ground in February with 0.4 per cent growth despite the lockdown being in force. However, it remains 8 per cent below their pre-Covid level.


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.


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


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

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


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.


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.


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).


State pension triple lock: Payments still rise if you retire abroad but some will miss out

STATE pension payments are guaranteed to increase in the UK every year under triple lock rules. These increases may also be awarded to those who have retired abroad but there are limitations to this.


London markets open flat despite GDP boost

There was not much movement on London’s main market this morning despite overall optimism surrounding the vaccine rollout and positive The post London markets open flat despite GDP boost appeared first on CityAM.


European shares pause near record high with eyes on U.S. inflation data

European shares pause near record high with eyes on U.S. inflation data


Defence giant Babcock International to cut 1,000 jobs in the UK and overseas

In an update on the group-wide review launched in January, Babcock laid bare its balance sheet woes as it booked £1.7 billion in impairments and charges.


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

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


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.


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

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


Facebook: a defence of personalised advertising to help create harmony between online and physical retail

There has been much talk in recent years about “bricks versus clicks” and the threat that the rise of online The post Facebook: a defence of personalised advertising to help create harmony between online and physical retail appeared first on CityAM.


Blackstone tweaks conditions for $6 billion Australia Crown Resorts buyout

Blackstone tweaks conditions for $6 billion Australia Crown Resorts buyout


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...


Change bank capital rules to boost climate action - survey

Change bank capital rules to boost climate action - survey


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".


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.


Small business confidence surges back up to the highest level since 2014 as shops, pubs and salons reopen

As non-essential retail, pubs, beauty salons and more reopen their doors after shutting them for over four months, the FSB has found small businesses are more positive about their prospects than ever.


Oil edges higher on Mideast tension, likely crude stocks drawdown

Oil edges higher on Mideast tension, likely crude stocks drawdown


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.


US securities regulator steps up scrutiny of blank-cheque vehicles

The US securities regulator has issued new guidance for special acquisition companies (SPACs) amid concerns they have improperly accounted for The post US securities regulator steps up scrutiny of blank-cheque vehicles appeared first on CityAM.


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.


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.


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

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


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.


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


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,...


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.


Investors add to cash as "taper tantrum" and taxation risks grow - BofA survey

Investors add to cash as "taper tantrum" and taxation risks grow - BofA survey


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

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


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


FTSE 100 falls on stronger pound, weak oil stocks; Babcock jumps

FTSE 100 falls on stronger pound, weak oil stocks; Babcock jumps


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

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


Secrets of the Kardashians' billion-dollar empire

Love them or loathe them, the Kardashian clan know how to make some serious money. Here's how they built their fortune.


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.


UK retailers report higher spending in March - BRC

UK retailers report higher spending in March - BRC


Three in four buyers delayed new car purchases due to lockdown

News comes amid turmoil in the new car market.


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.


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.


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.


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.


Pound euro exchange rate recovers ‘modest gains' after ‘four-day losing streak'

THE POUND to euro exchange rate has clawed back some "modest gains" after a "four-day losing" streak as businesses across the UK reopened their doors in the latest step out of lockdown. What does this mean for travel money?


How to claim 4th self-employed grant: The next SEISS payment explained, and when to apply through HMRC

Mr Sunak unveiled more details about the fourth self-employed grant during his 2021 Budget announcement


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...