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    • Agree it is not a modification that needs to be disclosed to Insurers as changing the seats has not changed the risk.  
    • Frpm David Frost and Robert Jenrick: 'Conservatives must show we respect the votes in 2016 and 2019 and not give the Opposition the chance to undo the benefits of leaving the EU'   Sweep away the Brexit gloom – or Labour will unravel a huge gain ARCHIVE.PH archived 22 Apr 2024 05:47:50 UTC  
    • Please please help we were miss sold full fibre by EE July 22  Install couldn’t go ahead no equipment sent and no. Survey it was hell  foind out no full fibre in road so we had to go back to cooper no choice we involved. Ceo and they put in a man from customer resolution s  he was vile he told me I had to go to engineers  something very odd about the ex resolution s in bt basically they took my drive up said they Would put ducting in ready for full fibre we have got £ 40 for a hours upon hours phones stress and more told to go to ombudsman  then bill was £35 we called twice told it was that price as they had treated us appalling two weeks later all sky package gets pulled we call again our bill goes to 165 the next two weeks was hell trying to get yo bottom why it’s off our package it was all on in the end I spent a day on the phone  341 mins was the call anyway I got to the bottom it was this resolution man coveting up the other issue another deadlock  to cover it all up  they hide data  ee did so couldn’t get the miss sell in writing I have now only from sept  Basically now we tried getting full fibre and they have found my drive had to be taken up again which has sunk .  The engineer has placed the wrong ducting again under my drive and need s to be taken to again apparently and the pipe sticks up middle of the drive near gate not behind look so odd it’s a big as a drain pipe open to water and it’s below touching the electrical cables to hot tub . I was sent a letter from the ex resolution to say I had stopped the work  I haven’t  it’s so sadistic she covering up for her mate in that team as the orginal install he didn’t check it had been done correctly  I took to Twitter and posted on open reach they ignored me then after 3 calls of two weeks they sent a engineer bt ignored me ceo emails blocked tag on Twitter unanswered then we get someone from twitter send a engineer he written report to say it’s dangerous since we have  had a  letter to say our problem can not be resolved  then a email to say sorry we are leaving and we can’t get into our account Bt will not talk to us ofcom tells us nothing they can do Citzens advice said go to the police  we can’t go back to virgin due so mass issue with them only option is sky  but point is they make out we have canceled we haven’t we have this mess on our drive dangeous work we are in hell  it’s like she covering up for this collegue it’s all very odd I am disabled and they like played mentaly with me open reach say bt resolved the issue no they have not  I recon they have terminated us making our we have  to hide it from mgt  Help it’s hell I don’t sleep we have 29 may we have tried  calling they just ignore me  at first they are so lovely as they say I am then they go to nnamager and say we can’t say anything to you end call  Scared police are rubbish I need help even typing is so painfull  Thankyou  anyone hello be so grateful     
    • There's a thread somewhere about someone sending the baillifs against Wizzair that is quite hilarious. I would love to see someone do the same to Ryanair. Question is, should you be the one to take that role. You are entitled to the £220, if your flight was from the UK. If it was TO the UK I suppose it is more of a grey area... though the airlines I know have been using £220 as standard. Not that surprising for Ryanair, the worst cheapskates in the universe, to go for the lower amount, and if you forward this to the CEO he will probably have a jolly good laugh and give his accountants a verbal bonus. After all he's the one who said and I paraphrase "F*** our customers, they'll fly with us again anyway". While we would all love to see Ryanair get wooped in court again, I have to join my fellow posters in thinking it's not worth the hassle for (hypothetically) £7 and not sure it will expedite the payment either. It's already an achievement that you got them to accept to pay.
    • The US competition watchdog has taken legal action to stop Tapestry's $8.5bn takeover of rival Capri.View the full article
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    • If you are buying a used car – you need to read this survival guide.
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    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

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    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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The great interest rate rip off part 10


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Bank of England cuts growth forecast

 

 

 

 

The Bank of England cuts its forecast for economic growth this year from 2.5% to 2.2%.

 

  • 4 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Shkreli mocks Congress amid inquiry

 

Former head of Turing Pharmaceuticals refuses to answer questions at a congressional hearing focused on the company's drug pricing policy.

 

  • 4 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business live: FTSE bounces despite lower UK growth forecast

 

Shares rally despite Carney's warning that inflation and wages will be lower for longer.

 

 

 

 

 

 

Mattel shares jump on merger report

 

  • 4 February 2016
  • From the section Business

 

 

'Flash crash' extradition hearing starts

 

  • 4 February 2016
  • From the section Business

 

 

House price growth 'rises to 9.7%'

 

  • 4 February 2016
  • From the section Business

 

 

 

 

 

Shell shares rise as profits fall

 

  • 4 February 2016
  • From the section Business

 

 

Age UK energy deals to be examined

 

  • 4 February 2016
  • From the section Business

 

 

Eurozone growth forecast cut to 1.7%

 

  • 4 February 2016
  • From the section Business

 

 

Credit Suisse announces 4,000 job cuts

 

  • 4 February 2016
  • From the section Business

 

 

El-Erian: Be obsessed with growth

 

  • 4 February 2016
  • From the section Business

 

 

Crestor-owner warns of declining profits

 

  • 4 February 2016
  • From the section Business

 

 

 

 

Also in the News

 

 

 

Sport Lord King joins Aston Villa board

 

  • 4 February 2016
  • From the section Football

 

 

 

 

GPS error caused 'havoc' for companies

 

 

 

 

 

Features & Analysis

 

 

 

Trade boost ?

 

How trade agreements work

 

  • 4 February 2016
  • From the section Business

 

 

 

 

 

‘Decent burial’

 

Zimbabwe's growing market for coffins

 

  • 4 February 2016
  • From the section Business

 

 

 

 

 

Off pat

 

The dairy farm turning manure into methane.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Bank of England keeps interest rates on hold in unanimous vote

 

The Bank of England voted to keep rates on hold at their record low of 0.5%

 

 

 

 

 

How to get that job: Joshua Raymond, financial director

 

 

 

 

 

UK pubs closing at a rate of 27 a week, Camra says

 

 

 

 

 

 

 

 

Apple dethrones Google to become world’s biggest company, again

 

Google is growing increasingly dependent on Apple for revenue

 

 

 

 

 

House prices rise nearly 10% in a year to £212,430 on average

 

 

 

 

 

SwiftKey founder 'sold his share of £170m Microsoft app for a bike'

 

 

 

 

 

 

European border controls 'would cost up to €100bn'

 

The return of border checks across the 26 members of the Schengen passport-free travel zone would reduce GDP by 0.8%, according to the French Government

 

 

 

 

 

 

Age UK and E.On energy deals for the elderly to be investigated

 

The Sun alleges that Age UK accepted £6 million a year from E.On to "push expensive targets to the elderly"

 

 

 

 

 

 

 

 

Shell cuts 10% of its workforce after oil price hits profits

 

Shell said it will push ahead with plans to acquire its smaller rival BG for $52 billion

 

 

 

 

 

 

Why being nervous can make you more successful

 

The key is letting your nerves help instead of hurt you

 

 

 

 

 

 

 

 

The 10 biggest business stories on Thursday February 4

 

Shell cuts 10% of its workforce after oil price hits profits; Cost of average London home rises to £500,000

 

 

 

 

 

 

Flash crash trader 'made thousands on day of US stock market crash'

 

Sarao is fighting extradition to the US where he is accused of helping trigger the 2010 Wall Street 'Flash Crash'

 

 

 

 

 

The truth about McDonald's kale salad

 

 

 

 

 

EasyFoodstore forced to shut after running out of stock

 

 

 

 

 

 

Cadbury’s owner unfazed by global chocolate sales slump

 

The company’s biggest market saw a 24.3% slump in sales

 

 

 

 

 

 

 

 

UK services sector in ‘dark mood’, says survey

 

The Chancellor, George Osborne, warned last month that Britain faces a 'dangerous cocktail' of risks from the global economy

 

 

 

 

 

 

Coup for pro-EU campaign as GSK boss backs Cameron’s deal

 

Sir Andrew Witty says UK business is better ‘in and improving it’ than outside the EU

 

 

 

 

 

 

 

Should you judge a bookshop by its cover? Probably

 

Outlook

 

 

 

 

 

An economy shaken, not stirred, by George Osborne’s cocktail

 

 

 

 

 

FRC’s Haddrill might regret facing off with the Djokovic of oversight

 

 

 

 

 

 

How Panasonic is making BtoB a major part of its profile

 

The company's comprehensive approach leaves it in pole position to connect every part of the chain

 

 

 

 

 

 

 

How artificial intelligence became a hot UK export

 

Microsoft has snapped up SwiftKey for $250m in the latest US acquisition of a British AI technology success story

 

 

 

 

 

Market Report: HSS Hire leaves full-year guidance unchanged

 

 

 

 

 

Are market fears over blue chip dividend payouts a recession warning?

 

 

 

 

 

 

Toyota to pay $21.9m to black and Asian borrowers to settle probe

 

The company’s financial arm is also required to reduce the amount loans can be marked up by dealers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customers warned there may be plastic in bags of Kettle Chips

 

The company has asked customers to send the packets back to them for a full refund

 

 

 

 

 

Energy prices continue to fall, but not by enough

 

 

 

 

 

The one big catch with easyFoodstore - where food costs just 25p

 

 

 

 

 

 

Water companies must do more to help struggling consumers

 

An average £2 rise in water costs next year will still hit home at the hard-up

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Britons become debt free 12 years later than they expect, report finds

 

Average household debt is up 18 per cent since the financial crisis in 2007

 

 

 

 

 

 

 

 

Latin America goes from macho heartland to home of working women

 

Half of all Latin American workers will be women by 2025, up from 36 per cent in 2015, according to Mercer’s second annual Women Thrive report

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Amazon renews credit card deal with JPMorgan - WSJ

 

8:11pm GMT

 

Morgan Stanley's new president cements role as enforcer-in-chief

 

8:05pm GMT

 

Republican Senator Portman opposes TPP trade deal in present form

 

8:00pm GMT

 

Milan prosecutors looking into Hitachi's Ansaldo STS deal - sources

 

7:49pm GMT

 

Peugeot to cut 850 jobs at Poissy factory - sources

 

7:24pm GMT

 

Shell ready for more cost cuts as earnings fall 87 percent on weak oil prices | btn_rel_video.gif

 

7:13pm GMT

 

Shell pushes back investment decision on Canadian LNG project

 

7:13pm GMT

 

U.S. accuses London trader of helping cause 2010 'flash crash'

 

7:05pm GMT

 

Total conducting seismic testing on Congo oil block

 

Africa 7:04pm GMT

 

Iran says good commercial relations with Britain can resume

 

UK, World 7:01pm GMT

 

Weaker dollar boosts commodities, lifts equities

 

FXpert, 6:47pm GMT

 

Analysis - Fed's 'accommodation' outrun by tightening credit

 

6:45pm GMT

 

Oil falls in volatile trade amid weak dollar, producer meet uncertainty

 

FXpert 6:22pm GMT

 

IMF's Lagarde says China's economy can avoid 'hard landing'

 

IMF 6:20pm GMT

 

VW replaces top U.S. lawyer as seeks to win approval on emissions fix

 

6:11pm GMT

 

Toymakers Mattel and Hasbro held talks on possible merger - Bloomberg

 

5:56pm GMT

 

Chocolate demand falls as candy bars shrink and Asia growth slows

 

5:13pm GMT

 

FTSE 100 gets boost after weak dollar helps commodities

 

FXpert 5:04pm GMT

 

Bank of England cuts growth outlook, rate hike a distant prospect | btn_rel_video.gif

 

5:03pm GMT

 

Insight - Succession issue looms large at world's top glasses maker

 

Special Reports 4:48pm GMT

 

Highlight - Bank of England policymakers speak after inflation report

 

4:07pm GMT

 

HSBC to transfer Singapore retail, wealth arm to local subsidiary

 

4:01pm GMT

 

Speculators veer toward stronger euro in headache for ECB

 

3:59pm GMT

 

Nestle to buy rest of Israeli foodmaker Osem for $840 million

 

Middle East 3:26pm GMT

 

Sharp chooses Foxconn as preferred bidder over Japan fund - sources

 

3:02pm GMT

 

Barclays to hand Qatar deal documents over to UK's SFO - Bloomberg

 

2:37pm GMT

 

Spain has to cut deficit in 2016, Moscovici says

 

Spain 2:25pm GMT

 

Credit Suisse's Thiam under pressure after first loss since 2008

 

2:18pm GMT

 

S&P cuts Glencore's credit rating, outlook stable

 

2:02pm GMT

 

EU referendum campaigning could affect business investment - Carney

 

1:28pm GMT

 

British watchdog brings high-speed traders under accountability net

 

1:14pm GMT

 

UK energy watchdog starts probe of E.ON-Age UK partnership

 

UK, 12:37pm GMT

 

Munich Re raises dividend on stable net profit

 

12:36pm GMT

 

M&S teams up with fashion pundit Alexa Chung

 

12:16pm GMT

 

Euro zone GDP to grow moderately in 2016, 2017 - Commission

 

11:45am GMT

 

Vodafone says recovery in Europe still on track

 

11:30am GMT

 

Smith & Nephew sees revenues up, but forex to hit margins

 

10:21am GMT

 

AstraZeneca warns on profits in 2016 as Crestor patent loss weighs

 

10:14am GMT

 

Greek GDP to fall in 2016, but by less than expected - EU Commission

 

10:08am GMT

 

Insurer Beazley sees falling rates, margin pressure in 2016

 

9:56am GMT

 

Daimler sees slower growth in 2016 as China cools

 

9:30am GMT

 

UK VW brand car sales fall again in January as market grows

 

9:20am GMT

 

ECB's Draghi says better to act too early than too late on low inflation

 

8:51am GMT

 

Sterling could fall 15-20 percent if Britain leaves EU - Goldman

 

FXpert 8:50am GMT

 

UK house price growth surges again in January - Halifax

 

UK 8:45am GMT

 

ECB lowers emergency funding cap for Greek banks as liquidity improves

 

8:41am GMT

 

ChemChina, Syngenta to move quickly on U.S. national security review

 

8:23am GMT

 

ChemChina to fund $43 billion Syngenta bid with recourse, non-recourse debt-LPC

 

8:23am GMT

 

Insight - BOJ board among those surprised by negative interest rate plan

 

Japan, Special Reports 8:18am GMT

 

Roadside recovery firm AA starts insurance underwriting business

 

7:55am GMT

 

Compass' first quarter revenue rises 5.9 percent

 

7:24am GMT

 

Insight - Airline battle brews in Gulf as Iran eyes regional hub role

 

Aerospace & Defence, Middle East, Special Reports 7:18am GMT

 

UK new car registrations rose at least 3 percent in January - SMMT

 

5:32am GMT

 

CK Hutchison to cap call and text rates, invest 5 billion pounds in UK

 

5:12am GMT

 

Trans-Pacific Partnership trade deal signed

 

4:45am GMT

 

China growth to remain weak, deflationary pressure increasing - PBOC researcher

 

3:29am GMT

 

China central bank sets yuan mid-point near one-month strong point vs dollar

 

3:29am GMT

 

Bank of England to head back to the sidelines as global growth slows

 

2:44am GMT

 

Google search chief Singhal to quit, to be replaced by AI head

 

2:30am GMT

 

Honda adds 2.2 million vehicles to Takata air bag recall

 

1:35am GMT

 

Apple ordered to pay $625 million in patent dispute with VirnetX

 

1:33am GMT

 

Redstone seen resigning as Viacom chair after stepping down at CBS

 

1:00am GMT

 

Boeing focuses on early 737 MAX delivery - CFO

 

Aerospace & Defence 12:52am GMT

 

China seeks food security with $43 billion bid for Syngenta | btn_rel_video.gif

 

12:38am GMT

 

Yum posts unexpected fall in revenue as KFC, Pizza Hut struggle

 

12:16am GMT

 

London 'flash crash' accused trader to fight U.S. extradition

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Super Bowl Pressure, for Advertisers as Well as Teams

 

By SYDNEY EMBER 59 minutes ago

 

 

The cost of a 30-second ad is $5 million, and marketers are wrestling with how best to get their money’s worth.

 

 

 

 

  • 05superbowlads-slide-T88T-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-QBZ9-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-GKLB-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-R5VC-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-3Q3P-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-A6TQ-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-W6SH-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-UO18-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-RO06-sfSpan.jpgKarsten Moran for The New York Times
     
     
     
  • 05superbowlads-slide-9K79-sfSpan.jpgKarsten Moran for The New York Times
     
     
     

 

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Mars enlisted the advertising agency BBDO New York — as well as some notable Hollywood actors — to create a Super Bowl ad for Snickers.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05drug1-thumbStandard.jpg

Martin Shkreli Invokes the Fifth Amendment in House Appearance

 

By ANDREW POLLACK 2:08 PM ET

 

Lawmakers questioned drug company executives Thursday, focusing on pricing practices, and criticized Martin Shkreli for refusing to answer questions.

 

 

05viacom1-thumbStandard.jpg

Philippe Dauman Succeeds Sumner Redstone as Viacom Chairman

 

By EMILY STEEL 12:42 PM ET

 

The development comes one day after it was announced that the ailing 92-year-old Mr. Redstone had resigned from his role as executive chairman of CBS.

 

 

Toxic Loans Around the World Weigh on Global Growth

 

By PETER EAVIS

 

Bad debts have been a drag on economic activity ever since the financial crisis of 2008, but the threat appears to be rising, and China is the biggest source of worry.

 

 

Legal Marijuana Sales Hit $5.4 Billion in 2015, Report Says

 

By CHRISTINE HAUSER 2:02 PM ET

 

Marijuana is getting more respect as legal sales rose from $4.6 billion in 2014, according to a report by two analysis and investment firms.

 

S.S. United States, Historic Ocean Liner of Trans-Atlantic Heyday, May Sail Again

 

By JESSE PESTA

 

The S.S. United States, which still holds the speed record for an Atlantic crossing, may be refitted into a luxury travel option by Crystal Cruises.

 

 

Playboy Puts On (Some) Clothes for Newly Redesigned Issue

 

By DAVID SEGAL

 

The magazine’s first issue without full-frontal nudity still has plenty of pictures, which feel more impromptu than posed, as well as long articles.

 

Senate Democrats Block Energy Bill in Dispute Over Aid for Flint

 

By CORAL DAVENPORT 47 minutes ago

 

The bill had drawn broad bipartisan support, but was blocked after lawmakers failed to agree a $600 million amendment to address the water crisis in Flint, Mich.

 

New York Times Co. Announces Newsroomwide Strategy Review

 

By SYDNEY EMBER 1:24 PM ET

 

The company highlighted digital growth in the fourth quarter but said revenue was flat because of its declining print business.

 

 

 

If There Is a Recession in 2016, This Is How It Will Happen

 

By NEIL IRWIN 11:44 AM ET

 

Tumult in emerging markets and the commodities sectors could create both real and psychological hits to an economy that is already growing sluggishly.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Carney downgrades UK growth prospects as rate rise kicked into long grass

 

bank_1728850d.jpg

Monetary Policy Committee votes unanimously to hold rates and says wages likely to remain subdued for longer

 

 

 

 

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Pound could crash by 20pc if UK votes for Brexit, warns Goldman Sachs

 

Investment bank warns that UK would be at risk of an 'abrupt and total interruption to incoming capital flows'

 

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AstraZeneca warns of lower profits as generic competition grows

 

Drugs giant will lose its patent in the US for blockbuster drug Crestor

 

 

Shell's profits plunge 80pc amid oil price slump

 

shell_3384617d.jpg

Royal Dutch Shell confirms 10,000 jobs will be axed as it grapples with the collapse in oil prices

 

 

clydesdale_3560736g.jpg

Moody’s downgrades Clydesdale Bank’s deposit rating

 

The newly-independent bank had to delay its flotation this week when the ratings agency launched the review

 

colao_2263499g.jpg

Vodafone slams Hutchinson's price-freeze pledge

 

Vittorio Colao, Vodafone’s boss, says Hutchison's promise to cap consumer bills if the Three-O2 tie-up goes ahead is "selectively worded" and contains no real substance

 

Credit Suisse crashes to first loss since 2008

 

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The investment bank will cut 4,000 jobs and slash bonuses by 11pc as it looks for ways to chop back its cost base

 

rollsnew_3527634g.jpg

Rolls-Royce can avoid 'death by a thousand cuts' with £1bn fundraising

 

Analyst says Rolls-Royce boss can end speculation about embattled engineers' future by fundraising and a dividend cut

 

House prices rise at fastest rate since July 2014 - but supply is choking

 

prices_1459611d.jpg

The rate of house price growth at a 17-month high as supply remains tight

 

Stagecoach and FirstGroup go head-to-head for South Western rail contract

 

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Just two bidders have been shortlisted to compete for one of Britain's busiest commuter rail networks

 

Goldman’s bold appointment is a shake-up for the securities sector

 

How our public trust in money lost its lustre

 

It’s a Chinese Ponzi scheme that should really scare us

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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A Preview Of This Weekend's Event That Could Unleash A "Vicious Bear Market Rally"

 

The Real Reason For Oil's Crazy Volatility This Week

 

"HY Primary Markets Are All But Shut" - What Keeps BofA's Junk Bond Analyst Up At Night

 

The Bond Market Is Waiting For A Further Correction In Equity Prices

 

Jose Canseco Has An Opinion On Negative Rates

 

Why One Hedge Fund Thinks Saudi Arabia's Three Decade Old Currency Peg Will Fall In 2016

 

Is The Fed "Seriously Considering" Negative Interest Rates?

 

The Full Summary Of U.S. Banks' Energy And Commodity Exposure

 

The Opaque Process Of Collapse

 

How The Fed Unwittingly Confirmed A Recession And A Default Cycle Are Now Inevitable

 

Why BofA Remains A Seller Until "A Coordinated And Aggressive Global Policy Response" Emerges

 

How The Fed Unwittingly Confirmed A Recession And A Default Cycle Are Now Inevitable

 

Why BofA Remains A Seller Until "A Coordinated And Aggressive Global Policy Response" Emerges

 

Market Breaks Just As S&P Turns Red: "ALL BATS" Routing Strategy Disabled, NYSE Announces "Technical Issue"

 

US Factory Orders Slide For 14 Consecutive Months As Inventory Ratio Soars To Recession Cycle Highs

 

"Recovery" Fable Unravels As BOE Cuts Growth Forecast, Eurozone Slashes Inflation Outlook

 

European Bank Risk Soars To 3 Year Highs, US Risk Rising

 

PBOC In Da House? Yuan Spikes To 3-Week Highs

 

Starting 2016 With A Bang: Challenger Reports Highest January Layoffs Since 2009

 

Credit Suisse Plunges To 25 Year Lows After Posting Enormous $5.8 Billion Q4 Loss

 

Is It Time To Panic About Deutsche Bank?

 

Paul Craig Roberts: There Is No Freedom Without Truth

 

Guest Post: How The Blockchain And Gold Can Work Together

 

Hedge Funds Fight The PBOC: There Can Be Only Yuan

 

Shale Shock: Another Leg Lower In Oil Coming After Many Producers Found To Have Far Lower Breakevens

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

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UK bankers' 2016 bonuses revealed: many unhappy despite bumper year

 

Managing directors are reporting bonus pay 52 per cent higher than in 2015

 

 

 

 

 

How much do Super Bowl adverts actually cost?

 

 

 

 

 

IKEA loses the right to its own name in Indonesia

 

 

 

 

 

 

 

 

Super Bowl 50: 7 ways adverts are designed to manipulate you

 

Brands are employing increasing ingenious psychological techniques to win over viewers

 

 

 

 

 

Engineers and teachers top list of sought after graduates in 2016

 

 

 

 

 

Super Bowl ad prices have skyrocketed over the past decade

 

 

 

 

 

 

UK pork crisis looms as pig farmers expect income to half in 2016

 

The English breakfast may be more likely to feature sausages from European farms in future as plunging prices force more and more UK pig farmers to quit

 

 

 

 

 

 

Superdrug fights 'tampon tax' by giving VAT money back in points

 

Sanitary products carry 5 per cent VAT in the UK under European rules

 

 

 

 

 

 

 

 

Jamie Laing eyes international markets for Candy Kittens

 

The US and Dubai are next in line to get Laing’s brand of “health-conscious confectionary”

 

 

 

 

 

 

The 10 biggest business stories on Friday February 5

 

The fall in oil prices is 'good' for the UK economy; News Corp revenue falls for fourth straight quarter

 

 

 

 

 

 

 

 

Dauman steps up at Viacom to the consternation of critics

 

Mr Dauman has been criticised by investors and Mr Redstone’s daughter, who publicly opposed his appointment as executive chairman yesterday

 

 

 

 

 

 

Four into Three can't go: this mobile merger doesn't add up

 

Outlook

 

 

 

 

 

Shell to cut 10,000 jobs as profits plunge by 80 per cent

 

 

 

 

 

Vodafone throws hat in the ring for stake in Openreach

 

 

 

 

 

 

‘Flash crash’ trader made profit of £600,000 on the day, court hears

 

London extradition hearing hears charges of fraud and market manipulation against Navinder Singh Sarao

 

 

 

 

 

 

 

 

Market report: Bigger than expected special dividend predicted for ITV

 

The broker said investors were expecting ITV, up 0.8p at 264.5p

 

 

 

 

 

 

How much would Brexit cost us?

 

Vote to leave the EU, says one bank, and Britons will have to dig deep for foreign holidays as the pound plummets

 

 

 

 

 

 

 

Law firms ‘preventing access to justice by charging astronomical fees'

 

Firms can charge £110 just for the act of sending a one-word email

 

 

 

 

 

Age UK paid £40m by firms to endorse services

 

 

 

 

 

How to get that job: Joshua Raymond, financial director

 

 

 

 

 

 

UK pubs closing at a rate of 27 a week, Camra says

 

There were 52,750 pubs at the end of last year, down from 54,194 in December 2014

 

 

 

 

 

 

 

Apple dethrones Google to become world’s biggest company, again

 

Google is growing increasingly dependent on Apple for revenue

 

 

 

 

 

House prices rise nearly 10% in a year to £212,430 on average

 

 

 

 

 

Why being nervous can make you more successful

 

 

 

 

 

 

SwiftKey founder 'sold his share of £170m Microsoft app for a bike'

 

Hill-Scott tweeted on Tuesday that the decision to sell was “the biggest mistake I ever made” before setting his account to private

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The truth about McDonald's kale salad

 

McDonald's has introduced kale salad and kale breakfast bowls to its US menu

 

 

 

 

 

Bank of England keeps interest rates on hold in unanimous vote

 

 

 

 

 

European border controls 'would cost up to €100bn'

 

 

 

 

 

 

Age UK and E.On energy deals for the elderly to be investigated

 

The Sun alleges that Age UK accepted £6 million a year from E.On to "push expensive targets to the elderly"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The 10 biggest business stories on Thursday February 4

 

Shell cuts 10% of its workforce after oil price hits profits; Cost of average London home rises to £500,000

 

 

 

 

 

 

 

 

Should you judge a bookshop by its cover? Probably

 

Outlook

 

 

 

 

 

 

 

An economy shaken, not stirred, by George Osborne’s cocktail

 

Outlook

 

 

 

 

 

 

FRC’s Haddrill might regret facing off with the Djokovic of oversight

 

Outlook

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Global stocks down after U.S. jobs report muddles Fed outlook

 

FXpert, 7:21pm GMT

 

Billionaire Platt's BlueCrest under SEC probe over employee fund - Bloomberg

 

7:17pm GMT

 

VW delays 2015 results, AGM as scandal effects unclear

 

6:47pm GMT

 

Airbus in talks to delay some A320neo deliveries - sources

 

Aerospace & Defence 6:34pm GMT

 

Oil steady but volatile as glut concerns face OPEC cut uncertainty

 

FXpert 6:32pm GMT

 

U.S. labour market firm as jobless rate hits eight-year low

 

6:23pm GMT

 

Half dozen LME members resign, including Rio Tinto

 

5:56pm GMT

 

HSBC to pay $470 million to resolve mortgage servicing probe by U.S. government, states

 

5:51pm GMT

 

Barclays hired to manage Britain's Lloyds share sales

 

5:37pm GMT

 

Burberry bucks trend by cutting fashion shows

 

5:27pm GMT

 

FTSE slips on uncertainty after U.S. jobs data

 

FXpert, 5:09pm GMT

 

Greece and lenders want to finish review by end-February

 

World 4:54pm GMT

 

'Brexit' would lop 4 percentage points off UK GDP growth, hit pound 15-20 percent - Citi

 

4:53pm GMT

 

Accused 'flash crash' trader's actions not a crime in UK, court hears

 

UK 4:02pm GMT

 

BNP Paribas sets out cost cuts, reassures on capital

 

3:58pm GMT

 

Exclusive - Iran wants euro payment for new and outstanding oil sales - source

 

Spain, Middle East 2:39pm GMT

 

BoE's Bailey says EU single market 'absolutely crucial'

 

12:50pm GMT

 

Mercedes not chasing volume at any price - Daimler CEO

 

12:49pm GMT

 

Audi labour boss presses management for culture change

 

12:04pm GMT

 

ArcelorMittal to raise $3 billion after Chinese steel exports hit profits

 

11:36am GMT

 

After Piraeus Port, China's COSCO eyes Greek trains to build Europe hub - sources

 

11:09am GMT

 

Top euro zone economy forecaster optimistic on growth

 

10:55am GMT

 

FTSE rises as Vodafone advances

 

FXpert, 10:42am GMT

 

Proposals to keep Britain in EU must not distort banking rules - watchdog

 

10:08am GMT

 

BG profits slip on weak prices before takeover by Shell

 

9:38am GMT

 

EU's Hill says will alter global bank capital rules to suit Europe

 

9:32am GMT

 

CMC Markets dips in London debut

 

8:56am GMT

 

Halma buys healthcare sensors maker CenTrak for about $140 million

 

8:21am GMT

 

Centrica, EIG sell UK wind farms to Green Investment Bank, BlackRock

 

7:52am GMT

 

BoE's Broadbent says UK inflation to stay below 1 percent in 2016 - BBC

 

7:41am GMT

 

Banker in 1MDB-linked Singapore case withdraws request to unfreeze accounts

 

6:18am GMT

 

BoE's Broadbent: UK's EU vote not hitting business investment - BBC

 

6:14am GMT

 

Exclusive: State Street nears deal for GE's asset management arm - sources

 

2:27am GMT

 

Chinese shoppers in South Korea shun luxury for local brands

 

1:20am GMT

 

World Bank says wars, cheap oil hurting Middle East growth

 

Africa 1:14am GMT

 

LinkedIn forecasts weak first-quarter profit, shares plunge | btn_rel_video.gif

 

12:45am GMT

 

RWE CEO Peter Terium to switch jobs to head new entity - report

 

12:44am GMT

 

UK starting salaries rise in January at slowest pace since 2013 - REC

 

12:05am GMT

 

Payment delays, stock build bleed cash from corporate China

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

US economy adds 151,000 jobs in January

 

 

 

 

The US economy added 151,000 jobs in January, helping to push the country's unemployment rate down to 4.9%, official figures show.

 

  • 5 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

'No UK crimes' by flash crash trader

 

Navinder Sarao, the "flash crash" trader, should not be extradited to the United States because the offences he is accused of were not crimes in the UK, his lawyers said.

 

  • 5 February 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

Live Business live: US markets fall after jobs data

 

Wall Street opens lower; BoE deputy upbeat about UK economy; Russia to confirm state sales 'within days'

 

 

 

 

 

 

HSBC pays $470m for mortgage misconduct

 

  • 5 February 2016
  • From the section Business

 

 

Oil price fall 'good for UK economy'

 

  • 5 February 2016
  • From the section Business

 

 

VW delays publishing its results

 

  • 5 February 2016
  • From the section Business

 

 

 

 

 

BG Group profit up ahead of takeover

 

  • 5 February 2016
  • From the section Business

 

 

Age UK faces new criticism on insurance

 

 

US stock markets fall on jobs data

 

 

Toyota profit up 5% on US demand

 

 

FTSE 100 follows Wall Street lower

 

 

ArcelorMittal slumps to $8bn loss

 

Brand it like Beckham?

 

How social media is transforming the fashion industry

 

 

 

 

 

Cancelling carnival

 

The Brazilian cities that can't afford to party

 

 

 

 

 

 

The dismal science?

 

Are economics degrees fit for purpose?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Oil market spiral threatens to prick global debt bubble, warns BIS

 

oil_3568804d.jpg

An 'illusion of sustainability' has blinded borrowers and debtors, lulling them into a false of security. The BIS says liquidity is now drying up

Comments

Sarao has 'gossamer thin' link to the Wall Street flash crash, lawyers say

 

Navinder_Sarao_C_a_3568601d.jpg

Navinder Sarao, the Hounslow trader arrested last April, is fighting extradition to the United States

 

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Barclays told: sell US investment bank and axe dividend

 

Analysts say Barclays needs radical surgery if it is to return to growth

 

ORBIT4_2216907g.jpg

ArcelorMittal slumps to $8bn loss as Chinese supply throttles steel prices

 

The world's biggest steelmaker is looking to raise funds to pay down debt as it tackles falling prices

 

BG Group posts profit ahead of Shell takeover

 

rig_2147293d.jpg

Ahead of its takeover by Shell, BG Group posted a rare rise in profits in the sector

 

 

skylines-frankfurt_3461544g.jpg

Grainger sells £94m German property portfolio to private equity

 

Britain’s biggest listed housing landlord continues to exit from German property as part of ambitious plans to plough £850m in UK private rentals

Comments

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Just Eat boss hits out at competition 'misconceptions'

 

Boss claims there is 'badly informed' commentary about the food delivery firm

 

flag_2037074g.jpg

Strong US labour market muddies picture for Federal Reserve

 

Slowing US jobs growth pressures Fed to take foot off the pedal Unemployment falls to an eight-year low in the world's largest economy but chances of March rate hike fade

 

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CMC Markets goes public with £691m value

 

Spread-betting firm set up by Peter Cruddas has floated at the lower end of its price range

 

Carney downgrades UK growth prospects as rate rise kicked into long grass

 

bank_1728850d.jpg

Monetary Policy Committee votes unanimously to hold rates and says wages likely to remain subdued for longer

It is time to be more optimistic about the global economy

 

No one knows what's coming - as the Bank of England has proved

 

What Goldman’s subtle shift says about the problems bedevilling investment banks

 

Rebuilding public trust in money - and Government - will take a long time

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Deal Shows Investors Are Willing to Make a Blind Bet on Uber

 

By LESLIE PICKER and PETER EAVIS

 

 

The institutional investors will not receive financial details about Uber or direct equity in the company.

 

 

 

05db-uber-sfSpan.jpg

Laetitia Vancon for The New York Times

 

An Uber driver in Munich. Wealthy investors committed about $500 million to the ride-sharing company’s latest round, valuing it at $62.5 billion.

 

 

 

 

 

06jobs-thumbStandard.jpg

Wages Rise as U.S. Unemployment Rate Falls Below 5%

 

By NELSON D. SCHWARTZ 9:38 AM ET

 

Although employers added only 151,000 jobs last month, the wage bump suggested that some of the benefits from the falling unemployment rate were flowing to ordinary workers.

 

 

 

The Upshot

 

06UP-JOBS-thumbStandard.jpg

Three Big Questions on the Job Market, and How January’s Numbers Answer Them

 

By NEIL IRWIN 9:31 AM ET

 

A small rise in wages, coupled with lower energy prices, translates into a meaningful gain in buying power for the average worker.

 

 

 

 

 

 

 

 

 

 

 

06academy1-thumbStandard.jpg

Why the Academy’s Diversity Push Is Tougher Than It Thinks

 

By MICHAEL CIEPLY and BROOKS BARNES 1:21 PM ET

 

An examination of the actors branch of the the Academy of Motion Picture Arts and Sciences shows that achieving diversity goals might be more difficult than, say, predicting who will win an Oscar.

 

 

06Volkswagen-web-thumbStandard.jpg

Volkswagen, Reeling From Emissions Scandal, to Delay Earnings Report

 

By JACK EWING 12:16 PM ET

 

The company will also postpone its shareholders meeting, as the German carmaker confronts official inquiries and potential lawsuits over the cheating.

 

04lawyers-web1-thumbStandard.jpg

Lawyers Suing G.M. Over Defect Are Now Fighting Each Other

 

By BARRY MEIER 12:16 PM ET

 

The lawyer who exposed the ignition problem urged a judge to remove the three plaintiffs’ lawyers leading the litigation, accusing them of bungling a trial.

 

06db-chinalend-web1-thumbStandard.jpg

Beijing Backing Lent Credibility to Ezubao, a Firm Now Called a Fraud

 

By NEIL GOUGH 12:42 PM ET

 

The police say Ding Ning’s Internet financing business, Ezubao, was a $7.6 billion Ponzi scheme and have arrested him and 20 others.

 

05viacom1-thumbStandard.jpg

Power Struggle at Viacom as New Leader Is Named

 

By EMILY STEEL

 

The development comes one day after it was announced that the ailing 92-year-old Mr. Redstone had resigned from his role as executive chairman of CBS.

 

 

04CARASNAPCHAT-thumbStandard.jpg

Burberry Announces a See Now/Buy Now System for New Collections

 

By VANESSA FRIEDMAN

 

The British behemoth’s move is an acknowledgment of the consumer demand for immediate gratification after fashion shows.

 

04hkbooks-web4alt-thumbStandard.jpg

In China, Books That Make Money, and Enemies

 

By MICHAEL FORSYTHE and ANDREW JACOBS

 

The disappearance of several publishing company associates shines a light on an industry that sells books daring to criticize Beijing.

 

06jackal-thumbStandard.jpg

Joe Earley Named President of New Entertainment Company

 

By BROOKS BARNES 1:00 PM ET

 

The former Fox executive will head the Jackal Group, which is owned by Fox and Gail Berman, a former colleague of Mr. Earley at the network.

 

05chinachips-web1-thumbStandard.jpg

Concern Grows in U.S. Over China’s Drive to Make Chips

 

By PAUL MOZUR and JANE PERLEZ

 

Chips with military as well as electronics uses came under focus when Washington officials killed a $2.9 billion Chinese investment.

 

06northkorea-web1-thumbStandard.jpg

To Build a Ski Resort Under U.N. Sanctions, North Korea Turned to China

 

By JANE PERLEZ and YUFAN HUANG

 

China told a United Nations panel that sanctions barring the sale of luxury goods did not apply because skiing is a “normal activity” in North Korea.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

More than a billion pounds a year in tax 'avoided by wealthy Britons'

 

'You can choose how much you want to pay, it’s pretty much down to your moral barometer'

 

 

 

US sells 134-year-old stock exchange to obscure Chinese conglomerate

 

 

 

 

 

Twitter timelines to stop being in chronological order,

 

 

 

 

 

 

 

Manchester United loses $500 million in value since beginning of 2016

 

Exclusive: New York-listed shares slump 18.5% since the end of 2015

 

 

 

 

 

Man sells bottled air for £80 a jar

 

 

 

 

 

Shares massacred after LinkedIn makes loss and scraps ads product

 

 

 

 

 

 

Chipotle’s customers have been poisoned? Tell us something new

 

US Outlook: For Chipotle it has been nothing short of a disaster, leading to empty stores, a collapse in revenue and corporate panic

 

 

 

 

 

 

British shops pray the streets will still be paved with yuan

 

A surge in tourists from China has given a huge boost to the high street – luxury houses especially. But will the slowdown in the People’s Republic end the party, asks Joanna Bourke

 

 

 

 

 

 

 

 

Bank chief: collapse in oil price has been good for Britain

 

Wages for those still in employment had grown around 7 per cent in the UK in the past two years

 

 

 

 

 

 

There’s a lot of flapping in the UK ‘luxury apartment’ market

 

My Week

 

 

 

 

 

 

 

 

Just Eat buys rivals in €125m European takeaway

 

Shares in Just Eat bounced by 5.39 per cent

 

 

 

 

 

 

Virgin Media urges EC to allow Three’s £10.5bn merger with O2

 

Bosses back the proposed tie-up in the hope it will give Virgin greater network access

 

 

 

 

 

Former RBS chiefs now control half of all 'challenger banks'

 

 

 

 

 

British 'flash crash trader' broke no laws, says lawyer

 

 

 

 

 

 

UK bankers' 2016 bonuses revealed: many unhappy despite bumper year

 

Managing directors are reporting bonus pay 52 per cent higher than in 2015

 

 

 

 

 

 

 

 

How much do Super Bowl adverts actually cost?

 

The Big Question: The cost of a 30-second ad has increased by an average of 11.1 per cent each year for the last five years

 

 

 

 

 

 

IKEA loses the right to its own name in Indonesia

 

The Swedish furniture giant lost the dispute to PT Ratania Khatulistiwa, an Indonesian rattan furniture company

 

 

 

 

 

 

 

Super Bowl 50: 7 ways adverts are designed to manipulate you

 

Brands are employing increasing ingenious psychological techniques to win over viewers

 

 

 

 

 

Engineers and teachers top list of sought after graduates in 2016

 

 

 

 

 

Super Bowl ad prices have skyrocketed over the past decade

 

 

 

 

 

 

UK pork crisis looms as pig farmers expect income to half in 2016

 

The English breakfast may be more likely to feature sausages from European farms in future as plunging prices force more and more UK pig farmers to quit

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

London looks to get in driving seat for Google autonomous car tests

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

In China, Books That Make Money, and Enemies

 

By MICHAEL FORSYTHE and ANDREW JACOBS

 

 

The disappearance of several publishing company associates shines a light on an industry that sells books daring to criticize Beijing.

 

 

 

04hkbooks-web4alt-sfSpan.jpg

Anthony Wallace/Agence France-Presse — Getty Images

 

Protesters took to the streets in Hong Kong after the disappearance of five people connected to the publishing of books disapproved of by the Chinese government.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Cover Crops, a Farming Revolution With Deep Roots in the Past

 

By STEPHANIE STROM

 

The practice of seeding fields between harvests with noncash crops, which had fallen out of favor at modern farms, is making a steady comeback as farmers who have embraced it report higher yields.

 

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How Sumner Redstone Went From Army Cryptographer to Media Mogul

 

By MICHAEL J. de la MERCED 8:43 AM ET

 

Mr. Redstone, who ceded chairman posts at CBS and Viacom, proved one of the most voluble titans in an industry full of outsize personalities like Rupert Murdoch and Barry Diller.

 

 

Strategies

 

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Vanguard, a Champion of Low Fees, Faces a Peculiar Tax Challenge

 

By JEFF SOMMER 12:55 PM ET

 

A whistle-blower claims that the mutual fund group, which is ultimately owned by investors in its funds, should have to account for profits it could have earned if it had charged higher fees.

 

Inside Wealth

 

07WEALTH1-thumbStandard.jpg

Revaluing Family Treasures for the Taxman

 

By ROBERT FRANK 56 minutes ago

 

The appraisal of expensive collectibles like vintage racecars and fine art is increasingly at issue as tax authorities take a closer look at valuations.

 

04lawyers-web1-thumbStandard.jpg

Lawyers Suing G.M. Over Defect Are Now Fighting Each Other

 

By BARRY MEIER

 

The lawyer who exposed the ignition problem urged a judge to remove the three plaintiffs’ lawyers leading the litigation, accusing them of bungling a trial.

 

06academy1-thumbStandard.jpg

Why the Film Academy’s Diversity Push Is Tougher Than It Thinks

 

By MICHAEL CIEPLY and BROOKS BARNES

 

The Motion Picture Academy wants to double its minority membership and achieve gender parity. A close look at its largest group, the actors branch, shows how far it has to go.

 

 

06CHINALEND1-thumbStandard.jpg

Ponzi Scheme in China Gained Credibility From State Media

 

By NEIL GOUGH

 

The police say Ding Ning’s Internet financing business, Ezubao, was a $7.6 billion Ponzi scheme and have arrested him and 20 others.

 

Dodges Recalled Because of Risks in Changing Tires

 

By CHRISTOPHER JENSEN 12:25 PM ET

 

Fiat Chrysler Automobiles is recalling almost 505,000 2011-16 Dodge Chargers.

 

06jobs-thumbStandard.jpg

Wages Rise as U.S. Unemployment Rate Falls Below 5%

 

By NELSON D. SCHWARTZ

 

Although employers added only 151,000 jobs last month, the wage bump suggested that some of the benefits from the falling unemployment rate were flowing to ordinary workers.

 

 

06twitter-thumbStandard.jpg

Twitter Steps Up Efforts to Thwart Terrorists’ Tweets

 

By MIKE ISAAC

 

The company said it had suspended 125,000 accounts associated with extremism since mid-2015 and was accelerating its review of users suspected of spreading terrorism.

 

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Volkswagen, Reeling From Emissions Scandal, to Delay Earnings Report

 

By JACK EWING

 

The company will also postpone its shareholders meeting, as the German carmaker confronts official inquiries and potential lawsuits over the cheating.

 

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Puerto Rican Officials Warn Congress of Major Defaults Without Restructuring

 

By MARY WILLIAMS WALSH

 

Officials want lawmakers to help them bind holdout creditors to a restructuring plan that would cover $49 billion of debt that is backed by taxes.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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