UK. Economic News

 

  1. Irish unit of open source software developers Red Hat sees profits jump

    Irishtimes.com - Business 02.23 / 02:28 www.irishtimes.com
    Parent acquired Irish software firm Feed Henry for €63.5m in September 2…
  2. German factory Markit's output sees a welcomed boost

    Irishexaminer.com - Business 02.22 / 23:09 www.irishexaminer.com
    Growth in Germany’s private sector picked up in February to reach its highest level in nearly three years, driven by humming factories, a survey showed, pointing to a strong first quarter in Europe’s biggest…
  3. Kerry Group dismisses talk of selling its consumer foods branch

    Irishexaminer.com - Business 02.22 / 23:09 www.irishexaminer.com
    Kerry Group has dismissed speculation it might sell its consumer food arm by saying it remains “very, very committed” to it and still sees further growth opportunities arising from the…
  4. Lenders slammed for tracker mortgage scandal

    Irishexaminer.com - Business 02.22 / 23:09 www.irishexaminer.com
    Banks in Ireland had sought since 2009 to play down the tracker mortgage scandal which has had a “catastrophic” effect on customers, an expert in tracker mortgages has alleged at the Oireachtas Finance…
  5. EU finance ministers close corporate tax loophole

    Irishexaminer.com - Business 02.22 / 23:09 www.irishexaminer.com
    EU finance ministers have agreed to close a loophole that allowed multinationals to avoid paying corporate taxes, in part by funnelling profits through…
  6. Green REIT sees Brexit bounce for Dublin market

    Irishexaminer.com - Business 02.22 / 23:09 www.irishexaminer.com
    Green REIT, the publicly-quoted property investment fund, is confident that US companies will remain interested in taking up vacant office space in Ireland, despite potential policy changes by the Trump…
  7. Cyren targets greater channel presence in Europe as revenue jumps 14 per cent

    Channelweb.co.uk - Business 02.22 / 23:07 channelweb.co.uk
    Security vendor is putting more of a focus on its channel and MSSP business in…
  8. PAM vendor Osirium overhauls channel as UK demand increases

    Channelweb.co.uk - Business 02.22 / 23:07 channelweb.co.uk
    Osirium partners with Distology and begins hunt for UK…
  1. Unplug and don't use: new guidance for owners of certain Hotpoint and Indesit tumble dryers

    Ibtimes - Companies 02.22 / 19:33 www.ibtimes.co.uk
    New guidance overrides previous advice that dryers could be used if watched at all…
  2. BAE Systems confirms Charles Woodburn as new head at the defence giant

    Ibtimes - Companies 02.22 / 13:10 www.ibtimes.co.uk
    The new man will take the top job at a time time of great change in the defence…
  3. Metro Bank's losses shrink as lender targets annual profit in 2017

    Ibtimes - Companies 02.22 / 10:54 www.ibtimes.co.uk
    Challenger bank moves step closer to climbing out of red as underlying loss narrows from £46.6m to …
  4. Hotel Chocolat sees profits jump as it opens shops and upgrades plant

    Ibtimes - Companies 02.22 / 09:35 www.ibtimes.co.uk
    Group said its UK plant and cocoa plantation in Saint Lucia should keep cost down as inflation rises this…
  5. Petrofac swings to profit on cost cuts in 2016

    Ibtimes - Companies 02.22 / 08:36 www.ibtimes.co.uk
    Oil services firm made a net profit of $1m in the 12 months to 31 December…
  6. Lloyds sees profits more than double as PPI costs tumble but future is 'uncertain'

    Ibtimes - Companies 02.22 / 08:24 www.ibtimes.co.uk
    The bank said its PPI mis-selling costs fell by a quarter to £1bn last …
  7. Weir Group upbeat despite fall in profits

    Ibtimes - Companies 02.22 / 07:44 www.ibtimes.co.uk
    Profit before tax fell 22% to £170m in …
  1. Trump is still the tail wagging the Fed’s dog

    Cityindex.co.uk -Markets 02.22 / 22:10 www.cityindex.co.uk
    Trump is still the tail wagging the Fed’s dog Aside from the torrent of earnings releases (see more below) the European markets on Thursday are likely to digest the Fed minutes from its meeting […] Kathleen B…
  2. Stamp duty hike wipes £215m off Earl's Court plan

    Thisismoney.co.uk -Markets 02.22 / 21:58 www.thisismoney.co.uk
    The homes will be built on the site of the former Earls Court exhibition centre, which hosted a string of events since opening in 1937, including the indoor volleyball in the 2012…
  3. MARKET REPORT: NCC hit after it warns of 20% sales fall

    Thisismoney.co.uk -Markets 02.22 / 21:58 www.thisismoney.co.uk
    Cyber crime specialists NCC Group plunged the moment the market opened yesterday having sneaked out an update just 15 minutes before it had closed the previous…
  4. Cheating Lloyds boss hit with £3m pay cut

    Thisismoney.co.uk -Markets 02.22 / 21:58 www.thisismoney.co.uk
    Antonio Horta-Osorio took home £5.5m last year, down from £8.7m in 2015. His bonus fell despite the bank posting its best results for a decade, with profits doubling to £…
  5. Airbus takes £1.8bn hit on new RAF Atlas cargo plane

    Thisismoney.co.uk -Markets 02.22 / 21:58 www.thisismoney.co.uk
    Governments have held back payments for the A400M - which the RAF has dubbed 'Atlas' - and fined the company as delays over mounting technical…
  6. DAILY BRIEFING: Scottish Power owner sees UK profits dive

    Thisismoney.co.uk -Markets 02.22 / 21:58 www.thisismoney.co.uk
    Customer numbers at Iberdrola, which recently announced a 7.8 per cent hike to its standard tariffs, fell from 5.5m to…
  7. Rebalance Your Portfolio with Care

    Morningstar.co.uk -Markets 02.22 / 15:01 www.morningstar.co.uk
    Value-driven investing can produce significant returns - but take care when rebalancing your portfolio to avoid value…
  8. 10 top AIM stocks for ISA season

    Iii.co.uk -Markets 02.22 / 14:48 www.iii.co.uk
    Despite thrashing blue-chips in the past year, there are still some great small-caps worth buying. Stockopedia's Ben Hobson names the very best quality and momentum stocks on AIM right now. Article Analysis and Commentary ii Stockopedia (ii AUIIT) …
  1. Mobile users lose £176 a year by failing to switch

    Moneywise.co.uk -Personal Finance 02.23 / 02:07 www.moneywise.co.uk
    Adam Williams on-their-phones.jpg A quarter of mobile phone users have never switched networks and are missing out on big savings, according to new research. A quarter of mobile phone users have never switched networks and are missing out on big savings, according to new research. Price comparison service uSwitch says that one-in-four mobile users have always…
  2. CITY DIARY: The unassuming Lloyd's of London boss

    Thisismoney.co.uk -Personal Finance 02.22 / 21:58 www.thisismoney.co.uk
    Lloyd's of London boss Inga Beale collected her DBE at Buckingham Palace last week. Dame Inga opted for a private investiture, meaning her appointment at the Palace wasn't…
  3. FTSE CLOSE: Footsie pushes higher on Lloyds results

    Thisismoney.co.uk -Personal Finance 02.22 / 17:34 www.thisismoney.co.uk
    The FTSE 100 index at the close was up 27.42 at…
  4. London home movers drops to lowest level since 1991, mortgage figures show

    Express-Personal Finance 02.22 / 17:05 express.co.uk
    LONDON home movers took out the lowest number of mortgages in 25 years last year, as affordability and supply continues to weigh on the…
  5. Small businesses to get 'appropriate relief' from rates

    Thisismoney.co.uk -Personal Finance 02.22 / 16:35 www.thisismoney.co.uk
    With the publication of the Budget taking place in just over two weeks time, Mrs May said in today's Prime Minister's Questions today that she had asked the Chancellor to soften the blow for…
  6. Mind the gender gap: women facing £47,000 pension shortfall

    Moneywise.co.uk -Personal Finance 02.22 / 16:29 www.moneywise.co.uk
    Kyle Caldwell man-woman.jpg Women live longer than men, but when it comes to employer pension contributions they are losing out due to the gender pay gap. Women live longer than men, but when it comes to employer pension contributions they are losing out due to the gender pay gap. read…
  7. Barratt hikes dividend as profits rise on regional sales

    Thisismoney.co.uk -Personal Finance 02.22 / 16:07 www.thisismoney.co.uk
    CEO David Thomas called the performance of Britain’s biggest housebuilder Barratt 'very strong' as pre-tax profits increased to £321million - despite Brexit fe…
  8. Watch out for printer scam where fraudster steal details

    Thisismoney.co.uk -Personal Finance 02.22 / 15:41 www.thisismoney.co.uk
    The printer helpline scam differs from most others, Trading Standards says, as victims are lured into contacting the criminals rather than the other way…
  1. The rise of asset allocation

    Investortoday.co.uk - Finance 02.22 / 23:10 investortoday.co.uk
    Since the Brexit referendum and Donald Trump’s election as President of the United States, investors have woken up to the fact that it makes sense to reduce risk by investing in a range of overseas markets in a number of different currencies.   This is particularly true in the UK, where…
  2. The FTSE at an all-time high - great news, provided your ‘home’ currency is sterling

    Investortoday.co.uk - Finance 02.22 / 23:10 investortoday.co.uk
    In a year of political turbulence, dominated by the unexpected Brexit vote in the UK in June and Donald Trump’s surprise triumph in the US presidential election in November, the FTSE-100 has had a stellar year.    The benchmark index finished 2016 at an all-time closing high of 7142.8, up 14.4%…
  3. Payment scams – have the banks been let off the hook?

    Investortoday.co.uk - Finance 02.22 / 23:10 investortoday.co.uk
    The Payment Systems Regulator (PSR) has called for banks to do more to prevent scams where people are tricked into transferring money to fraudsters. But it has fallen short of requiring banks to compensate the victims. In making its recommendations the PSR was responding to a ‘super-complaint’ made by…
  4. Demystifying the art of copying most profitable traders and Winning!

    Investortoday.co.uk - Finance 02.22 / 23:10 investortoday.co.uk
    Observing trade signals is difficult especially for newbies. They seek shortcuts and ways to copy or borrow the ideas from other successful investors to become fruitful in the market. In this scenario, social trading came into picture. Social trading is also known as copy trading since the investors utilize the…
  5. Investing in LISAs may seem like a ‘no-brainer’ - but be alive to the rules

    Investortoday.co.uk - Finance 02.22 / 23:10 investortoday.co.uk
    From next April those aged between 18 and 40 years will be eligible to open up Lifetime Individual Savings Accounts – or LISAs – to save towards the purchase of a first property or to provide funds in later life, from the age of 60. Each year up until…
  6. Social Entrepreneurs Ireland launches annual awards programme

    Social Entrepreneurs Ireland, a not-for-profit organisation that supports people with new solutions to Ireland’s biggest social problems, has launched its 2017 Awards Programme calling for applications from ambitious individuals with ideas to create positive social change in Ireland. The post Social Entrepreneurs Ireland launches annual awards programme appeared first on Business & F…
  7. Dublin Tech Summit gets underway at The CCD

    Dublin Tech Summit (DTS) has opened its doors to over 10,000 attendees for a two-day tech conference at The CCD in Dublin. The post Dublin Tech Summit gets underway at The CCD appeared first on Business &…
  8. Bank to visit residents of Anegada, other islands

    Bvinews.com - Business 02.22 / 18:01 bvinews.com
    Residents on Anegada will have a direct opportunity to be serviced by the National Bank of the Virgin Islands (NBVI) as a team from that institution will travel to the island to meet customers and engage the community on Monday,…
  1. Younger workers miss out as progress on pay 'grinds to a halt'

    Express & Star -Money 02.23 / 01:19 expressandstar.com
    Younger workers are missing out on pay rises as firms no longer reward staff for long service, coupled with a slowdown in moving jobs and a shift towards low-paid work, research…
  2. Britons 'developing new haggling tactics due to rise in online shopping'

    Express & Star -Money 02.23 / 01:19 expressandstar.com
    Britons' haggling tactics are changing as the popularity of online shopping grows, using methods such as leaving items sitting in their virtual basket until they are offered money off and securing a discount during web chats, a survey has…
  3. One in six parents 'may need to ask their children for cash to fund retirement'

    Express & Star -Money 02.23 / 01:19 expressandstar.com
    One in six over-40s are concerned they will need to ask their children for financial support in retirement, a study has…
  4. Mobile phone switching confusion costs consumers £5.8bn in savings, survey finds

    Express & Star -Money 02.23 / 01:19 expressandstar.com
    Confusion around switching mobile phone provider is costing consumers £5.8 billion in savings every year, according to a …
  5. IFAs more likely to disclose status than restricted peers

    Independent advisers are far  more likely to declare their regulatory status on their website than their restricted peers, according to new research. In a survey conducted by Money Marketing and adviser consultancy The Yardstick Agency, 83 per cent of independent advisers said they noted their independent status on their website, compared to 38 per cent […] The post IFAs more likely to disclose status than restricted peers appeared first on Money…
  6. Alan Hughes: What’s your duty of care on past advice?

    A recent High Court case (Denning v Greenhalgh Financial Services Limited) has provided some useful guidance on the scope of retainers and how this may impact on the duties an adviser may owe in respect of advice given to a client by a previous firm. The key facts of the case were as follows. In 2000 […] The post Alan Hughes: What’s your duty of care on past advice? appeared first on Money…
  7. Under the bonnet of fund research agencies: FE

    We continue our series profiling the main UK fund research agencies with a look at FE; the most popular among advisers. According to our research, 61 per cent of advisers use research agencies to inform their fund selection process, of which a huge 80 per cent use FE through one of its two adviser propositions: […] The post Under the bonnet of fund research agencies: FE appeared first on Money…
  8. deVere pays compensation over pension transfer complaint

    International advice firm deVere UK must pay compensation to a woman who complained about how the firm managed her overseas pension transfer. The complainant, Mrs M, transferred her UK pension into a qualifying recognised overseas pension scheme on the advice of a Cyprus-based business in 2008. The Cyprus business is outside the jurisdiction of the Financial Ombudsman […] The post deVere pays compensation over pension transfer complaint appeared first on Money…
  1. Property prices near popular farmers’ markets PUSHED UP thanks to trendy foodies

    Express-Property 02.23 / 00:08 express.co.uk
    TRENDY foodies have pushed up the price of property near popular farmers’ markets, a new report has f…
  2. Budget busters!

    Does it add up? The experts at Belvoir reveal six expensive economic errors… and how to avoid them Perceptive purchasing “One of the most costly mistakes a landlord can make often occurs right at the beginning of their investment journey and before a property has even been purchased,” says owner of Belvoir Swansea and Belvoir Mumbles Ben Davies. “Investment errors at the initial stages will inevitably affect profit potential. In fact, choosing the wrong property or paying the wrong price ca…
  3. What the wear and tear allowance means for landlords and how to maintain your profitability

    Tax has been a worry for landlords throughout the past 12 months. Many changes have been brought in, most notably the stamp duty hike, and a wave of further regulatory and tax changes are due to take effect in April 2017. With the scrapping of the ‘Wear and Tear’ allowance in April 2016, it’s not been easy for landlords, has it? The wear and tear allowance served landlords well, but the recent changes have caused most buy-to-let mortgage owners a headache. Under the old ‘Wear and Tear rules…
  4. 5 considerations before buying an investment property

    Property investment can be complex and, if done poorly, can also be highly costly. So what do you need to consider to help avoid any financial traps and make the process easier? When done right, there’s no doubt that property investment can be a significant wealth creator. So what do you need to consider before buying an investment property to help ensure success? Here are 5 things I think you need to consider before buying an investment property: 1 - Your finances Perhaps one of the most i…
  5. Listed Building Buying Guide

    Purchasing a property either for yourself or for the rental market is tricky enough – but listed buildings come with a whole host of considerations and legalities to consider. Listed buildings defined For a building to be listed, it must be classed as being of ‘special architectural or historic interest’ by the National Heritage list. When a structure meets this criteria, it is deemed listed and falls subject to rules and regulations regarding renovation, repairs and other work. What crite…
  6. How to create a productive environment

    Creating homes that people love is an invaluable skill for landlords who want to keep tenant turnover as low as possible. With professionals and students being amongst the most profitable tenants, it is important to provide spaces that are not only comfortable, but also offer a productive work environment. As we become more connected, more people are bringing work home or working from home, making it more important than ever to create space which encourages productivity. Keeping tenants…
  7. Help at hand in South Yorkshire after key ruling on Japanese knotweed

    Thestar.co.uk -Real Estate 02.22 / 23:05 www.thestar.co.uk
    Homeowners in South Yorkshire blighted by Japanese knotweed spreading to their property from public land are being assured that help is at…
  8. Location, Location, Location: Embarrassment for Kirstie when THIS happens on show

    Express-Property 02.22 / 21:57 express.co.uk
    LOCATION, LOCATION, LOCATION headed to the capital to search for home in this week’s channel 4 show; but Kirsty suffered an unfortunate embarrassing moment when this h…