Mark Carney U-turn: Investment in Britain set to GROW amid Brexit, admits Bank chief

BANK of England chief Mark Carney has performed a stark u-turn over the outlook for Britain and admitted that investment in the economy is set to pick up as the UK leaves the European Union . Daily Express :: City and Business Feed  More...

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By admin On Wednesday, June 28th, 2017
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BREAKING: Tesco axes 1,200 jobs amid desperate bid to cut costs

SUPERMARKET giant Tesco is scrapping 1,200 jobs as part of a major drive to save money amid heated competition in the sector. Daily Express :: City and Business Feed  More...

By admin On Wednesday, June 28th, 2017
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BANK’S STARK WARNING: Britain heading for crash if lenders don’t rein in credit binge

BRITAIN could be heading towards another credit-fuelled economic crash as households rack-up debt at an alarming rate, the Bank of England has warned. Daily Express :: City and Business Feed  More...

By admin On Wednesday, June 28th, 2017
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Sir Philip Green sold British Home Stores to avoid huge pension bill, says regulator

SIR PHILIP GREEN sold British Home Stores to avoid liability for the pension scheme should the firm go bust, a regulator has said. Daily Express :: City and Business Feed  More...

By admin On Wednesday, June 28th, 2017
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Pound V euro: GBP uneasy against EUR ahead of Bank of England Financial Stability Report

ANTICIPATION ahead of the launch of the Bank of England Financial Stability Report has helped push the GBP/EUR exchange rate down -0.3 per cent to €1.133. Daily Express :: City and Business Feed  More...

By admin On Wednesday, June 28th, 2017
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Bank of England orders lenders to hold another £11BILLION amid Brexit and economy risks

BANKS must hold another £11.4 billion across their balance sheets to protect themselves against a wide range of risks that could trigger another financial crisis, the Bank of England has confirmed today. Daily More...

By admin On Wednesday, June 28th, 2017
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Rio Tinto backs bid from Chinese-backed Yancoal for its coal mines

RIO Tinto has turned down an offer of $ 2.675million for its coal mines in Australia from FTSE 100 rival Glencore in favour of a bid from Chinese-backed Yancoal. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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Inflation and soaring temperatures deliver fastest supermarket sales growth for five years

SOARING temperatures and rising inflation have delivered the fastest growth in supermarket sales for more than five years. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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Wetherspoon chief Tim Martin announces huge £13m expansion in Ireland

JD Wetherspoon has shrugged off Brexit concerns with a record single investment to continue its expansion in Ireland. Daily Express :: City and Business Feed  More...

By admin On Tuesday, June 27th, 2017
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‘A grave mistake’ Germany FURIOUS as Italy allowed to break EU banking rules

GERMANY has lashed out at bureaucrats in Brussels after it allowed Italy to bend official rules, clearing Rome to pump billions of taxpayers’ cash into struggling banks. Daily Express :: City and Business More...