Reuters UK Feuding EU fails to plug Brexit hole in new budget Reuters UK - Sabine SieboldBRUSSELS (Reuters) - European Union leaders fell out on Friday over their next long-term budget after fraught talks over a gaping Brexit hole in their joint coffers, with poorer countries demanding more
The Guardian Federal prosecutors investigating if Boeing misled FAA over 737 Max The Guardian - ReutersFederal prosecutors investigating Boeing are examining whether the US planemaker knowingly misled the Federal Aviation Administration (FAA) while it was seeking approval for its 737 Max jet, the New York
Housing Royal Mail increases price of stamps to 'maintain quality of service' sky.com - Sky The postal firm says the price rises for first and second class stamps are "necessary" in order to maintain service standards. Royal Mail is …
Lloyds Banking Group LLoyds profits tumble thanks to latest £2.5bn bill for PPI independent.co.uk - Holly Williams Lloyds Banking Group has warned of a hit to 2020 results amid tough competition in the mortgage market as it revealed that a mammoth payment …
Rishi Sunak Chancellor Rishi Sunak has less cash to play with ahead of budget sky.com - Sky Breathing space in the public coffers is down 18% - some £2.1bn - from the same month last year, say statisticians. Britain's new Chancellor Rishi …
The GuardianRetail Hammerson offloads nine UK retail parks for £455m The Guardian - Zoe WoodHammerson has offloaded its out-of-town retail parks for £455m as it looks to reduce its £3bn debt pile and shield itself from the high-street crisis. The property group, which owns the Bullring shopping
Manufacturing Coronavirus: UK factory output up despite outbreak hampering supply chains sky.com - Sky The unexpected manufacturing upturn indicates the country's economy is "no longer flat on its back", according to analysts. UK factories have seen …
Reuters UKBusiness UK posts smaller than expected January surplus as new finance minister readies budget Reuters UK - Reuters EditorialLONDON, Feb 21 (Reuters) - Britain posted a smaller-than-expected budget surplus in January, a reminder of the constraints facing new finance minister Rishi Sunak as he prepares to deliver his first budget
The GuardianEnvironment JP Morgan economists warn climate crisis is threat to human race The Guardian - Patrick Greenfield and Jonathan WattsThe world’s largest financier of fossil fuels has warned clients that the climate crisis threatens the survival of humanity and that the planet is on an unsustainable trajectory, according to a leaked
The GuardianBusiness Coronavirus: air travel demand 'will fall for first time in 11 years' The Guardian - Mark SweneyThe spread of the coronavirus will result in the first fall in global air travel in more than a decade, the international airline industry body has predicted. The International Air Transport Association
Reuters UKflipped into BusinessRishi Sunak UK posts smaller than expected January surplus as new finance minister readies budget Reuters - Reuters EditorialLONDON, Feb 21 (Reuters) - British posted a smaller-than-expected budget surplus in January, a reminder of the constraints facing new finance minister Rishi Sunak as he prepares to deliver his first budget
The Sunflipped into The Sun Barclaycard launches top 27 months 0% spending and balance transfer credit card thesun.co.uk - Alice Grahns BARCLAYCARD has launched a balance transfer and spending credit card with an interest-free period of 27 months - the joint longest period currently …
City A.M.flipped into City A.M. BusinessEconomics Government records smaller January budget surplus - CityAM cityam.com - Joe Curtis The government recorded a smaller than expected budget surplus of £9.8bn in January, ahead of its public spending announcements due in March. A …
Software Barclays scraps ‘Big Brother’ tracking software after backlash independent.co.uk - Ben Chapman Barclays has scrapped a “Big Brother style” system that monitored employees’ computers, tracking their working habits and how long they spent on …
The GuardianSouth Bank Steelmaking could return to Redcar within three years The Guardian - PA MediaSteelmaking will return to Redcar within three years following the devastating loss of its major employer in 2015, the Tees Valley elected mayor has said. Following weeks of negotiations, Conservative
Associated PressBusiness IATA: Virus may slash $29 billion from airlines' revenue Associated Press - By YURI KAGEYAMA, AP Business WriterTOKYO (AP) — The outbreak of the new virus threatens to erase $29 billion of this year's revenue for global airlines, mostly for Chinese carriers, as travel crashes worldwide, according to the International
Reuters UKEurope Summit standoff as EU leaders grapple with Brexit-sized hole in budget Reuters UK - Sabine SieboldBRUSSELS (Reuters) - EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion euro (62.9 billion pounds) hole after Britain’s departure at a when
The GuardianRetail UK retail sales rebound as shoppers snap up clothing and footwear The Guardian - Phillip InmanRetail sales rebounded last month as consumers flocked to buy discounted clothing and footwear, giving the high street a welcome boost after a dire 2019. The Office for National Statistics said sales on
Associated PressStock Markets Asian stocks follow Wall Street lower on renewed virus fears Associated Press - By JOE McDONALD, AP Business WriterBEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak. Benchmarks in Tokyo,
Reuters UKEuropean Union No extension to EU-UK transition seen, goods trade deal likely Reuters UK - Jonathan CableLONDON (Reuters) - The transition period for Britain and the European Union to thrash out a trade deal will not be pushed beyond December, according to over two-thirds of economists polled by Reuters,
Spyware Barclays scraps spyware on staff computers after backlash sky.com - Sky The bank says the software was designed to ensure staff did not work for too long as it defends its use of the technology. Barclays has scrapped 'Big …
Associated PressStock Markets Global stocks mixed after Wall Street rises to record Associated Press - By YURI KAGEYAMA, AP Business WriterTOKYO (AP) — Global shares mostly dipped Thursday as several companies estimated that the outbreak of the new coronavirus in China will weigh on their earnings. France's CAC 40 edged down 0.2% to 6,099
The GuardianBig Brother Barclays using 'Big Brother' tactics to spy on staff, says TUC The Guardian - Kalyeena Makortoff Banking correspondentBarclays has been accused of “dystopian Big Brother” employment practices after it admitted running a staff monitoring scheme that uses tracking software to log how long employees spent at their desks
BloombergNews Morgan Stanley Dives Deeper Into Retail With E*Trade Deal Bloomberg - Sridhar Natarajan Morgan Stanley agreed to buy discount brokerage E*Trade Financial Corp. for $13 billion, pushing further into the retail market in the biggest …
Manufacturing UK factory output falls for fifth month in a row independent.co.uk - Phil Thornton Hopes that a “Boris bounce” seen on the high street would seep into Britain’s factories were dented by a report on Thursday showing that …
Reuters UKCharles Michel With a Brexit-sized hole in finances, EU leaders disagree on budget Reuters UK - Sabine SieboldBRUSSELS (Reuters) - EU leaders made no headway on Thursday in fractious talks on a joint 2021-27 budget that was left with a 75 billion euro (62.9 billion pounds) hole after Britain’s departure at a when
The GuardianMorgan Stanley Morgan Stanley to buy online brokerage E-Trade for $13bn The Guardian - Edward HelmoreMorgan Stanley is to buy the online brokerage E-Trade Financial for $13bn in the largest banking deal since the 2008 financial crisis. The takeover confirms a shift for Wall Street banks away from an model
Reuters UKConfederation of British Industry British shoppers and factories enjoy post-election bounce Reuters UK - David MillikenLONDON (Reuters) - British shoppers started spending again early this year after a sluggish end to 2019 and industrial orders hit a six-month high, further signs that improved sentiment since December’s
UK Politics Downing Street poised to axe business councils cityam.com - Catherine Neilan Downing Street is planning a major shake-up of the way it deals with the business community, with officials planning to scrap the system created by …
