News

News

Lloyds miss compensation deadline for HBOS fraud cases

Lloyds Banking Group (LON:LLOY) have missed the deadline it set itself to pay compensation to victims, after a fraud trial that ended in February. Two...
fed

US economy grew faster than anticipated in Q1

The US economy grew faster than initially anticipated in the first three months of the year, according to the Commerce Department's final figure released...

FCA cracks down on unclear pricing structures in investment sector

The Financial Conduct Authority have cracked down on the way the asset management sector charges its customers, in a bid to make the industry...
us growth

IMF lower growth US growth forecasts on Trump uncertainty

The International Monetary Fund lowered their forecasts for US growth on Tuesday, down to 2.1 percent from their previous figure of 2.3 percent. Following a...
stocks

UK business confidence jumps in May, driven by optimism in Wales

Business confidence has jumped to an 18-month high despite political turmoil from both Brexit and June's general election, according to the latest report from...
factory orders

British factory orders surge in June, defying Brexit negativity

British factory orders hit their highest level since 1988 in June, according to the latest survey from the Confederation of British Industry. The CBI's factory...
budget

UK budget deficit falls to lowest level since 2008

Britain's budget deficit fell to its lowest level since 2008 in May, providing some evidence that Brexit is failing to have the expected negative...
pound

Sterling sinks further as May struggles to strike deal with DUP

The value of sterling continued to fall on Wednesday, after government officials warned that a deal with the DUP was not likely to be...
Brexit Article 50

Philip Hammond sets out plan for economy post-Brexit in first major...

Chancellor Philip Hammond set out his priorities for Brexit on Tuesday, in his first speech since the Conservatives failed to win a majority in...
cobham

Scottish MB Aerospace signs “milestone” $10bn deal with US firm

Scottish engineering firm MB Aerospace has signed a $1 billion deal with US firm Pratt & Whitney, in what its CEO has called a...