News

News
rate hike

Yellen says “room for improvement” before interest rates can be raised

Forecasts released by the Fed yesterday showed most officials expect to begin raising short-term interest rates before the end of the year. However, in their...

EU “impossible” without Britain

A European Union without Britain would be "impossible", says Italian Prime Minister Matteo Renzi. This comment comes after Renzi met with David Cameron to discuss...
coinsilium

Bitcoin surges as ‘Grexit’ looms

Bitcoin saw a 7 percent surge today, as concerns of a Greek exit from the EU drove Greek depositors into the decentralized digital currency. The...

Apple launches streaming service

Apple have launched their music streaming service, Apple Music, in a bid to enter the competitive music market. Whilst Spotify makes up 85% of the...

The new ‘class ceiling’

It seems that the glass ceiling is being replaced by a class ceiling, as findings report that the UK's most elite financial services and...

Government to sell RBS stake

The UK government are initiating the sale of one of the worst investments on the last ten years. They will begin to dispose of...

Network Rail profits halve

Network Rail pre-tax profits halve to £506m, down from 1.04bn this time last year. Network Rail felt moved to include a "Q&A" in its final...
sainsbury's

Sainsbury’s sales fall for sixth consecutive quarter

Sainsbury have posted a sixth consecutive quarter of sales declines. Like-for-like Sales excluding fuel were down 2.1% in Q1. However, shares in the in supermarket...

IMF: Spain to grow 3.1% this year

The IMF has increased Spain’s growth estimate to 3.1% for 2015. This is the second time the International Monetary Fund has made a favourable...
hsbc

HSBC plc slashes 25,000 jobs

HSBC plc (LON:HSBA) has announced it will slash 25,000 jobs in an effort to cut costs and make the bank less complex. London’s largest...