UK. Economic News

 

  1. 'No change' for tenants in social housing merger talks

    Two huge companies that provide hundreds of social housing homes across Devon are in merger talks which would see them become the largest accommodation provider in the South West.DCH and Knightstone are planning to create an organisation spanning 20 local authorities from the Isles of Scilly to South Gloucestershire. The proposed new group would become by some margin the South West's largest housing association with 35,000 properties providing homes for more than 70,000 people.A…
  2. Baconberg leads the gold rush

    Etherington’s Farm Shop near Redruth has scooped four gold awards and a silver at this year’s Taste of the West product awa…
  3. Irish Times wins gold at Global Media Awards

    Irishtimes.com - Business 05.24 / 10:06 www.irishtimes.com
    Publisher earns distinction in two categories for advertising…
  4. Cheaper water bills promised after Pennon profits hike

    South West Water's parent company has vowed to slash water bills after seeing a huge rise in profit to £250million mainly due to immense growth from its Viridor waste management arm and its energy generating plants.Pennon Group's annual results show its underlying profit before tax (PBT) soared from 2016's £211.3million by an impressive 18.3 per cent.Underlying revenue rose by 0.1 per cent to £1,353.1million from £1,352.3million, driven by customer demand and cost…
  5. Broome sweeps into St Austell attraction

    WMC Retail Partners Plc, the company behind St Austell’s forthcoming Cornucopia food and drink visitor attraction, has recruited a new general manager to head up the site before its opening this s…
  6. 6 things to do if you want to be a great boss

    Hitc.com - Business 05.24 / 09:06 hitc.com
    Break these habits and your team will thank…
  7. Bank of America said in second major equities management shake-up

    Hitc.com - Business 05.24 / 09:06 hitc.com
    Bank of America equities chief Fabrizio Gallo is executing his second major management shakeup since moving to New York in 2015, giving two executives more control of operations handling stock sales to…
  8. UBS agrees to buy majority stake in family office

    Hitc.com - Business 05.24 / 09:06 hitc.com
    UBS has agreed to buy a majority stake in Consenso Investimentos Ltda., Brazil’s biggest independent multi-family office, becoming the latest Swiss bank to bet on the industry’s gro…
  1. Why the Time is Right to Invest in India

    Morningstar.co.uk -Markets 05.24 / 10:31 www.morningstar.co.uk
    Indian stocks rallied after the appointment of Narendra Modi as Prime Minister - but then subesquently fell. Ashburton's Jonathan Schiessl says now is the time to b…
  2. How Sirius Minerals can achieve 47p and more

    Iii.co.uk -Markets 05.24 / 09:49 www.iii.co.uk
    Chartist Alistair Strang has identified the price above which Sirius must close to impart some oomph, making an assault on record highs achievable. Article Analysis and Commentary ii Alistair Strang (Trends & Targets AUTNT) …
  3. Jupiter's Multi-Manager Team Prepares for a Market Correction

    Morningstar.co.uk -Markets 05.24 / 09:36 www.morningstar.co.uk
    Look for the fund managers that are going to lose the least in the downturn, says John Chatfeild-Roberts' team - because a stock market correction is…
  4. The Oil Man: Savannah Petroleum

    Iii.co.uk -Markets 05.24 / 09:05 www.iii.co.uk
    Oil industry analyst Malcolm Graham-Wood has seen it all. He gives Interactive Investor his opinion on the sector's top stories. Article Analysis and Commentary ii Malcolm Graham-Wood (ii AUIIT) Top News …
  5. Tactical Asset Allocator: Build up cash and wait for markets to fall

    Iii.co.uk -Markets 05.24 / 09:05 www.iii.co.uk
    Asset allocators need to be on their mettle as abrupt political shifts with uncertain outcomes become the dominant drivers of financial markets, writes Ceri Jones. Article Analysis and Commentary ii Ceri Jones Feature …
  6. M&S boss Steve Rowe wins backers with food-only stores

    Thisismoney.co.uk -Markets 05.24 / 08:38 www.thisismoney.co.uk
    The results comes amid a large scale overhaul for the retailer, which includes opening new food-only…
  7. Marks & Spencer investors on high alert

    Thisismoney.co.uk -Markets 05.24 / 07:17 www.thisismoney.co.uk
    On the markets Marks & Spencer shares were in the red after it unveiled a 63.5 per cent plunge in annual pre-tax profits to £176.4 million - sales in its clothing arm tumbled 5.9 per cent in its final q…
  8. Morningstar's Manager Check Up

    Morningstar.co.uk -Markets 05.24 / 07:13 www.morningstar.co.uk
    REAFFIRMED RATINGS: Morningstar's Jonathan Miller explains how fund analysts rate JOHCM UK Growth, BlackRock Gold & General and Matthews Asia…
  1. Is it really safe to pay for parking on your mobile?

    Thisismoney.co.uk -Personal Finance 05.24 / 11:19 www.thisismoney.co.uk
    Councils are bringing in mobile payment systems, as parking becomes more expensive. But many people claim they have been unfairly fined after the system recorded their details…
  2. Have you been paying for your AA cover twice?

    Thisismoney.co.uk -Personal Finance 05.24 / 10:58 www.thisismoney.co.uk
    The AA and RAC have set aside up to £15m after realising some customers had bought annual breakdown cover directly while also paying for a second policy as part of a packaged current …
  3. Admiral hiding real price hikes

    Thisismoney.co.uk -Personal Finance 05.24 / 10:16 www.thisismoney.co.uk
    At renewal, insurers must tell customers how much they paid for cover the previous year. But Admiral has shown some customers the original quoted price, which may have fallen after…
  4. More miss out on tax breaks as old unmarried couples rise

    Thisismoney.co.uk -Personal Finance 05.24 / 10:16 www.thisismoney.co.uk
    The proportion of older cohabiting couples aged between 65 and 69 years old trebled from 1.5 per cent to 4.5 per cent between 2002 and 2015, according to Royal…
  5. Ford Money pulls 4% regular saver following huge demand

    Moneywise.co.uk -Personal Finance 05.24 / 10:10 www.moneywise.co.uk
    Adam Williams ford-money-saver.jpg Ford Money has withdrawn its market-leading 4% regular saver from sale after an overwhelming number of savers opened an account, with its 4% regular saver Isa also expected to sell out shortly. Ford Money has withdrawn its market-leading 4% regular saver from sale after an overwhelming number of savers opened an account,…
  6. DAN HYDE: End to the annuity debacle

    Thisismoney.co.uk -Personal Finance 05.24 / 09:55 www.thisismoney.co.uk
    By granting the pension freedoms to anyone still to retire, the Government made it clear that no one should be forced to use their life savings to buy a monthly income from an…
  7. Don't put off house sale until after the general election

    Thisismoney.co.uk -Personal Finance 05.24 / 09:10 www.thisismoney.co.uk
    Many people are thought to be biding their time due to political uncertainty, but estate agents insist spring is still the best time to sell claiming those who miss the boat may have to wait until autumn for a…
  8. Great annuity betrayal robs savers of 65% of income

    Thisismoney.co.uk -Personal Finance 05.24 / 09:10 www.thisismoney.co.uk
    David Melling, 60, from Cumbria, pictured with wife Melanie, withdrew £12,376 from his pension five years ago to help pay for his children's …
  1. Drop in profits for Marks & Spencer amid sales dip in clothing arm

    Retail giant Marks & Spencer has seen annual profits tumble by nearly two thirds and revealed sales across its under-pressure clothing arm have plunged back into reverse. Chief executive Steve Rowe admitted the group’s overhaul has “come with a cost”... Read more The post Drop in profits for Marks & Spencer amid sales dip in clothing arm appeared first on Business…
  2. Judge expected to hear whether RBS legal action has been resolved

    A High Court judge is expected to hear today whether a multimillion-pound legal action brought by thousands of shareholders against Royal Bank of Scotland has been resolved. Mr Justice Hildyard was told at a hearing in London on Tuesday that... Read more The post Judge expected to hear whether RBS legal action has been resolved appeared first on Business…
  3. Britons increasingly opting for retailers’ own label products rather than brands

    Britons are turning away from brands in favour of supermarket own label groceries, spurred on by the success of discounters such as Aldi and Lidl, figures show. Every brand named in an annual top 10 by analysts Kantar Worldpanel has... Read more The post Britons increasingly opting for retailers’ own label products rather than brands appeared first on Business…
  4. More people ‘may miss out on tax breaks due to rise in older cohabiting couples’

    A “dramatic” increase in the number of older cohabiting couples could lead to more people missing out on valuable tax breaks and state pension rights, analysis by an insurer suggests. Royal London found that despite a growing trend of over-65s... Read more The post More people ‘may miss out on tax breaks due to rise in older cohabiting couples’ appeared first on Business…
  5. Mining stocks hit by China downgrade on growth fears

    Citywire.co.uk -Finance 05.24 / 10:03 citywire.co.uk
    Miners fall towards bottom of FTSE 100 after Moody's downgrades China's debt for first time in nearly 30…
  6. RBS talks stall as shareholders refuse deal

    Citywire.co.uk -Finance 05.24 / 09:11 citywire.co.uk
    Royal Bank of Scotland shareholders have refused an out-of-court settlement in their dispute over the bank's 2008 rights…
  7. Neptune China manager Turnbull exits

    Citywire.co.uk -Finance 05.24 / 06:20 citywire.co.uk
    Neptune Investment Management gives Ewan Thompson reins of its China fund after departure of Douglas…
  8. The Expert View: Shell, ABF and Topps Tiles

    Citywire.co.uk -Finance 05.24 / 04:08 citywire.co.uk
    Our daily roundup of analyst commentary on shares, also including Paragon and…
  1. Debt Buster: The events of 2016 - what does it mean for your pockets?

    DailyStar-Money 05.23 / 21:09 dailystar.co.uk
    THE turbulent events of 2016 influenced the way more than half of us manage our…
  1. Fit for royalty! Home built for Queen Victoria's daughter sells for almost £1 million

    Express-Property 05.24 / 11:18 express.co.uk
    A HISTORIC Scottish home which was built especially for royalty has been sold almost for almost £1 …
  2. First-time buyers - how to avoid purchasing a property for more than you can afford

    While Tim Gurner, millionaire property mogul, may believe that millennials need to stop buying smashed avocado in order to be able to afford their first home, it's clear that quitting a breakfast favourite isn't the answer to many home owner's money…
  3. An amazing home carved out of a former reservoir

    Countrylife.co.uk - Real Estate 05.24 / 09:30 countrylife.co.uk
    This eye-catching home just outside the pretty Devon town of Sidmouth is a genuine one-off.This eye-catching home just outside the pretty Devon town of Sidmouth is a genuine…
  4. What is the ideal bedroom-bathroom ratio?

    According to 70% of estate agents, a property should have two bathrooms for every three bedrooms to maximise its value and…
  5. Identify your tenants before investing in property

    Before you choose a property to purchase and rent out, it's important to identify your financial objectives and then choose the type of tenant you will be targeting, according to the experts featured in the latest episode of the Buy to Let…
  6. PRS still growing but more slowly…

    Buy-to-Let Market: Following the personal taxation changes announced in 2015, coming into force this April, and buy-to-let investors seeing more clouds appear on the horizon in 2016/17, in the form of more regulations and stricter criteria on mortgage loans, the buy-to-let investor has taken a bit of a hit! All this has continued an atmosphere […] ...…
  7. Property news: ONE sign that ‘almost guarantees’ your house is infested with BLACK mould

    Express-Property 05.23 / 20:31 express.co.uk
    MOULD in your house is bad for your health. This is one sign of black mould that ‘almost guarantees’ your house is infested with the dangerous spores and fungi. Express.co.uk explores damp mould on walls and how to get rid of mou…
  8. Chelsea Flower Show 2017: ‘Stark and brutal’ quarry-inspired space named best show garden

    Countrylife.co.uk - Real Estate 05.23 / 16:45 countrylife.co.uk
    The judges at the Chelsea Flower Show made a bold choice by giving James Basson the top award for his garden modelled on an abandoned Maltese quarry.The judges at the Chelsea Flower Show made a bold choice by giving James Basson the top award for his garden modelled on an abandoned Maltese…