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News

UK inflation falls to 0%

The rate of UK Consumer Price Index inflation fell to 0% in June, from 0.1% in May, according to official figures released today. A drop in...

Greece: details of the deal

Details of the deal negotiated with Greece have just been released in a full statement by the EU. The key parts are as follows: €50bn asset...

Oil prices drop after rumours of deal with Iran

Oil prices dropped this morning after news that Iran is reportedly on the brink of reaching a deal with six world powers that would end...

Bank of England survey shows demand for mortgages will continue to...

Last quarter's increased demand for mortgages is expected to remain solid, according to a survey by the Bank of England released this morning. Stricter controls...

The Greeks had to be humiliated

There could be no other outcome. The measures offered to Greece had to belittle their government in such as a way that other radical European...

Greek deal reached after marathon talks

Talks over Greece have ended with an announcement from German Chancellor Merkel that a deal has been struck after Sunday's talks went late into...
greece

Greece proposal cheered by markets

Greece have made a huge U-turn and presented it’s creditors with a proposal that goes against everything the Greek people voted for in last...
greece

ECB President admits it will be “difficult” to make a deal...

European Central Bank President Mario Draghi has voiced doubts about the possibility of reaching a deal with Greece. According to Italian paper Il Sole 24 Ore, the...
china IMF

Shanghai Composite posts best day since 2009

The Shanghai Composite has posted the biggest one day gain since 2009 as the Chinese government unleashed another set of measures to boost confidence...

Shell shares drop after problems disrupt Arctic venture

Shares in Royal Dutch Shell (LON:RDSB) hit their lowest point since 2011 yesterday, over fears that their Arctic Ocean project may be under threat. Royal Dutch Shell...