News

News
bank of england

UK inflation turns positive

Consumer Price inflation has risen to 0.1 percent in July, up from 0 percent in June. The Consumer Price Index has remained flat for the...

Morrisons to sell off local stores

Morrisons (LON:MRW) is in talks to sell its convenience store branch of the company to the same investment firm that rescued Monarch Airlines, Greybull Capital. The...

Liberty Interactive to acquire clothing site Zulily

Liberty Interactive Corp (NASDQ:QVCA) has announced its intention to acquire Zulily Inc (NASDAQ:ZU), in a deal valued at $2.4 billion. Liberty Interactive hopes to take advantage of the...

Government to sell stake in King’s Cross development

The government have announced plans to sell their 36.5 percent stake in the King's Cross redevelopment, in order to boost their finances. The 67-acre King's...

FTSE CEOs earn 183x the average salary

The chief executives of FTSE 100 companies were paid almost 183 times more than the average U.K. worker last year, according to figures released today. Data...

Japan’s economy shrinks further

Japan's economy shrank at an annualised pace of 1.6 percent in April-June, according to figures released today. Exports slumped and consumers cut back spending, fuelling...

MPC member warns of leaving rate rise too long

Bank of England policy maker Kristin Forbes has warned that waiting too long to raise rates could damage recovery, in an article for The...
german

Diesel drops below petrol for first time in 14 years

Diesel prices are continuing to drop, with the average price falling below 113 pence per litre for the first time in nearly five years. Retailers...
ig group

‘Flash cash’ trader released on bail

'Flash crash' trader Navinder Singh Sarao will be released on bail, after successfully arguing that he could not access the bail amount of £5.05 million...

Shanghai Composite up, Euro growth down

Chinese stocks performed better on Friday, with the Shanghai Composite Index .SSEC closing 0.3 percent higher, bringing this week's gain to 5.9 percent -...