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    • I had some contact with this company earlier in my working life but I'm afraid there's not a lot I can suggest that you haven't already done. During your grandfather's time  British Celanese was a subsidiary of Courtaulds. Courtaulds was subsequently (after your grandfather had stopped working there) acquired by Alzo Nobel. They in turn closed down the Spondon site and sold it. I have no idea what the number is that you are trying to call. It's a Derby (Spondon) area code but the number appears not to be allocated. From my slim knowledge of the history of the company I would have expected your grandfather's pension to be in the Alzo Nobel (CPS) Pension Scheme.  But Willis Tower Watson are the Pension Scheme Administrator of that scheme and would be the people who should know if your grandfather had contributed. Is your grandfather certain he contributed? Joining pension schemes wasn't compulsory in those days. Or might he have got his contributions returned when he left them? That happened sometimes back then. Sorry not to be of more help.      
    • I am sorry I am not aware of this report from IAS assessors? The Court will consider my application at a online hearing in June. The Court instructed me to send Bank copies of my sons condition proving he could not have been the driver I have heard nothing further. My son is not aware of any proceedings I have not involved him to avoid causing him distress, he has been sectioned a fair few times and I need to avoid this happening.
    • I am very pleased that the Court has taken the decision to allow you to  represent your son and hope that he is happy enough with that to relieve the stress he will also be feeling. I do agree that Bank parking are so insensitive, greedy, horrible etc etc to continue proceedings considering  in what it is a very minor case of a wrong number plate . Even their  own  IAS Assessors, who are normally hopelessly biased in favour of their members, went out on a limb and said  " The Operator's evidence shows no payment for the Appellant's vehicle, or anything similar. It does show two payments for the same registration in quick succession. I would take a reasonable guess, based on the circumstances described, that the person paying has paid for the registration of the person they assisted again." That is damning evidence and you must take that report with you as well as including that in your Witness Statement which we will help you with. I would expect that Bank would discontinue the case at that point.  But I am sorry to say  that you should not count on it.  
    • Evening all,   I have deliberated over this offer for two weeks and I have decided to take their offer. I do understand that some may prefer us to go to court and receive a judgement but with our personal circumstances and my current military commitment that could become an issue. I am so grateful for all the help and support you have all offered me over the last few months. I will continue to monitor this site and push all those that are being wrong to get in touch.   Thank you! what you all do is truly amazing!
    • When I first responded to the PAPLOC, and received that 29 page junk back it was accompanied with a letter saying that they had already responded to my request back on Feb 18th 2023,(I never received it). I was just clearing out some paperwork today and found a letter from Lowell, dated Feb 17th 2023, explaining that they were still waiting for the documents from PayPal, and my account was on hold  until further notice.  Does this mean they were lying and can it be used against them if this goes any further? I have now filed my defence, and have had an acknowledgement from Overdales and the court. A little threatening from Overdales , explaining that part of my defence was invalid because they have now complied with the CCA, and they were still waiting for the Default notice from PayPal.
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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.

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    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
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    • 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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Britain's biggest sandwich maker Greencore to buy U.S. firm Peacock for $748 million

 

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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.

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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

 

 

 

 

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 gets new powers to curb buy-to-let lending

 

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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.

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Savers to get warning on Lifetime Isas

 

 

 

 

Consumers who buy into Lifetime Individual Savings Accounts should be given a series of warnings about them, the regulator says.

 

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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.

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Share on other sites

U.S. Foreign Investor Program Funding More Luxury Projects

 

By LIZ MOYER

 

 

The EB-5 program was intended to reward people for putting money into depressed areas of the United States, in exchange for residency.

 

 

 

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Carlos Gonzalez for The New York Times

 

 

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With Trump’s Signature, Dozens of Obama’s Rules Could Fall

 

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Bob Dylan Will Not Attend Nobel Ceremony

 

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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

Dow, S&P 500 drop as U.S. bank rally wanes, tech boosts Nasdaq

 

New York - The S&P and the Dow fell on Wednesday as financial stocks ended their seven-day rally, but gains in technology shares kept the Nasdaq in positive territory as investors continued to prepare their portfolios for a Donald Trump presidency.

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NEW YORK President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond manager Bill Gross of Janus Capital Group Inc said on Wednesday.

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NEW YORK A U.S. appeals court on Wednesday signaled it was unlikely to overturn the 2012 insider trading conviction of Rajat Gupta, a former director of Goldman Sachs Group Inc and global managing director of McKinsey & Co.

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Lockheed's hybrid airships gets launch customer in Canada

 

OTTAWA The operator of Lockheed Martin Corp's blimp-like hybrid airships on Wednesday announced its first customer, a Canadian mining company that expects to lease seven of the heavy-lift cargo aircraft for a decade starting in 2019.

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U.S. state securities regulators gird for action during Trump era

 

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Janus portfolio manager sees more biotech gains on Trump

 

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Italy won't bend budget plan for EU, says Renzi advisor

 

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1:41pm EST

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Citigroup CFO says U.S. tax rate cut could bring $4 billion charge

 

NEW YORK If federal corporate tax rates decline 20 percent under President-elect Donald Trump, Citigroup Inc may have to take a $4 billion charge to profits to reflect lower values for its deferred tax assets, the bank's chief financial officer said on Wednesday.

1:32pm EST

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Deutsche Telekom CEO plays it cool on T-Mobile US

 

BARCELONA Deutsche Telekom is 'not in the mood' to sell T-Mobile US , its chief executive said on Wednesday, although it is watching for any change in the U.S. regulatory environment under Donald Trump's administration.

1:14pm EST

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Oil volatile as U.S. crude build faces OPEC freeze hopes

 

NEW YORK Oil prices were little changed in volatile trading as the market weighed Russia's comments about a possible meeting with Saudi Arabia that renewed hopes for a production freeze deal against a bigger-than-expected U.S. crude inventory build.

1:09pm EST

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Fed's Kashkari unveils plan to tackle 'too big to fail' banks and funds

 

Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break up into smaller parts.

12:53pm EST

Dollar hits 14-year high; oil dips in choppy trade

 

NEW YORK The U.S. dollar index dipped after hitting a near 14-year high on Wednesday while oil prices swung in a volatile session as traders were caught between a build in U.S. stockpiles and the chance of an output cut.

12:40pm EST

Target expresses confidence about holiday sales; shares rise

 

CHICAGO Target Corp on Wednesday reported a much higher-than-expected quarterly profit after benefiting from a strong back-to-school shopping season and increased online sales, and it gave an optimistic outlook for the all-important holiday period.

12:00pm EST

U.S. manufacturing sector stabilizing; producer prices tame

 

WASHINGTON U.S. manufacturing output increased for a second straight month in October amid gains in the production of motor vehicles and a range of other goods, suggesting that the battered factory sector was slowly recovering.

11:53am EST

After Trump victory, Obama and Merkel stress benefits of EU-U.S. trade deal

 

BERLIN German and U.S. employers, workers, consumers and farmers would "without doubt" benefit from a free trade deal being negotiated between the European Union and the United States, U.S. President Barack Obama and German Chancellor Angela Merkel said.

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

Exclusive: VW seeks cost-cutting deal by Friday, devil is in the detail

 

BERLIN Volkswagen is pushing for a cost-cutting deal with workers at its core brand by Friday to help fund investment in electric and self-drive cars, but accounts of discussions in just one area show how difficult it is.

11:38am EST

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Janus' Gross says Trump will be one-termer, in failure for populism

 

NEW YORK President-elect Donald Trump will last no more than four years in the White House, a period when corporations and Wall Street will retain the upper hand over the struggling workers who helped elect him in a populist wave, bond manager Bill Gross of Janus Capital Group Inc said on Wednesday.

11:38am EST

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IEA expects U.S. shale output rise if OPEC pushes oil to $60

 

LONDON U.S. shale oil producers will increase their output if oil prices hit $60 a barrel, meaning OPEC will have to walk a fine line if it curtails production to prop up prices, the head of the International Energy Agency (IEA) said.

11:31am EST

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Euro crisis over? 2017 politics could be markets' biggest test yet

 

LONDON The euro zone has withstood several crises since 2008 that have thrown the 19-nation bloc's very existence into doubt, centered on its fractured economy, bond market, banking system and, of course, Greece.

10:24am EST

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Facebook aims for more transparency with video ad data

 

Two months after Facebook Inc admitted it had inflated the average time it told advertisers that users were watching their video ads, the company is promising better data to give ad buyers a clearer picture of how they are spending their money.

10:22am EST

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A post-Trump SEC could shake up current policy

 

WASHINGTON It will be a new day at the U.S. Securities and Exchange Commission after President-elect Donald Trump installs his choice to run the agency.

9:58am EST

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U.S. industrial output unchanged, utilities weigh

 

WASHINGTON U.S. industrial production was unchanged in October, weighed down by a decline in utilities output, data from the Federal Reserve showed on Wednesday.

9:35am EST

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GM's Opel CEO says difficult to reach break-even in 2016

 

BERLIN General Motors' European division Opel is struggling to reach profitability this year because of the effects of Britain's decision to leave the European Union, Chief Executive Karl-Thomas Neumann said.

9:32am EST

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Dollar index briefly slips into negative territory

 

NEW YORK The dollar briefly weakened on Wednesday against a basket of currencies, retreating from a 14-year peak, after the release of a government report that showed U.S. producer prices rose less than forecast in October.

8:46am EST

Iran's oil min won't attend Friday OPEC talks: sources

 

DOHA Iranian oil minister Bijan Zanganeh will not attend informal talks between some OPEC members in Doha on Friday, two OPEC sources said, adding that Iran's OPEC governor would represent Iran.

Exclusive: Oil wars - how Kremlin's $13 billion Indian deal almost fell apart

 

LONDON/NEW DELHI/MOSCOW A multi-billion-dollar Russian deal to buy Indian refiner Essar was nearly sunk at the eleventh hour by a rival bid from Saudi Arabia as the two oil superpowers vie for supremacy across the world.

8:10am EST

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Only a surprise will halt December Fed rate hike: Bullard

 

LONDON The Federal Reserve will hike U.S. interest rates in December barring any major shocks, policymaker James Bullard said on Wednesday, adding that a single rate increase may be enough to move monetary policy to a "neutral setting".

7:50am EST

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Market reaction to Trump more muted than expected: Fed's Bullard

 

LONDON Donald Trump's shock win in the U.S. election has not roiled markets as expected and a subsequent rise in inflation expectations is welcomed by its central bank, Federal Reserve policymaker James Bullard said on Wednesday.

7:50am EST

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Fed's Bullard says low interest era not expected to end

 

LONDON The era of low global interest rates is not expected to come to an abrupt end, Federal Reserve policy maker James Bullard said on Wednesday, although a rise in U.S. productivity growth would normally require a rise in its rates.

7:50am EST

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Business calls for Trump, world leaders to support Paris climate pact

 

MARRAKESH, Morocco More than 360 businesses and investors called on U.S. President-elect Donald Trump and world leaders on Wednesday to continue to support agreed curbs on global warming and to speed up efforts to move to a low-carbon economy.

7:07am EST

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EU agrees new rules for money market funds, eliminating some

 

BRUSSELS European Union institutions have agreed on new rules for money market funds that will eliminate some kinds of funds and create others, EU officials said on Wednesday.

6:53am EST

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Deutsche Bank to close its brokerage unit in Poland: sources

 

WARSAW Deutsche Bank AG plans to close down its brokerage unit in Poland as part of the group's restructuring and because of the Warsaw stock market's weak performance, four banking industry sources said.

6:44am EST

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Hugo Boss sees revival plan bearing fruit in 2018

 

BERLIN The new chief executive of Hugo Boss said a plan to revive the struggling German fashion house by cutting brands and seeking to appeal to fashion-conscious younger customers will only bear fruit from 2018, sending its shares lower on Wednesday.

6:31am EST

UBS keeping options open on post-Brexit London staffing: Weber

 

ZURICH Swiss bank UBS is keeping its options open on moving staff from London in the wake of Britain's vote to leave the European Union, Chairman Axel Weber told broadcaster CNBC on Wednesday.

6:31am EST

Fed's Bullard: Would be surprise if Fed didn't hike rates in December

 

LONDON It would need a surprise for the Federal Reserve not to raise U.S. interest rates next month, one of the central bank's policymakers, James Bullard, said on Wednesday.

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 demand won't peak before 2040, despite Paris deal: IEA

 

LONDON The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force.

5:59am EST

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Boeing to cut 500 jobs in defense and space unit

 

(This November 15 story was refiled to correct spelling of "charges" in paragraph 5)

5:56am EST

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Trump shuffles transition team, eyes loyalists for Cabinet

 

NEW YORK/WASHINGTON President-elect Donald Trump shuffled his transition team again on Tuesday, jettisoning a national security expert and lobbyists from his inner circle as he closed in on naming two loyal Wall Street backers to key economic positions.

5:48am EST

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Barclays' CEO sees 'political pressure' on Fed after U.S. election

 

LONDON The election of Donald Trump as the next U.S. president could signal a period of heightened pressure on the Federal Reserve to change its accommodative stance, Barclays Chief Executive Jes Staley told a banking conference on Wednesday.

5:33am EST

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Court documents allege clashes inside RBS over 2008 toxic assets

 

LONDON Royal Bank of Scotland bosses avoided repricing billions of dollars of souring investments on the eve of the 2008 financial crisis for fear of endangering bonuses and a takeover bid for a rival, court documents allege.

5:26am EST

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In biggest boost since 1940s, BBC World Service adds 11 languages

 

LONDON The BBC said on Wednesday that its World Service will begin broadcasting in 11 additional languages in a drive to reach millions more people, including in places like North Korea where impartial news is hard to get.

5:07am EST

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EU starts marathon talks on budget review, Italy unhappy

 

BRUSSELS/ROME European Union governments and institutions are set for intense budget negotiations ahead of a Thursday deadline, with Italy complaining not enough spending is planned for handling migration, security threats and youth unemployment.

5:05am EST

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Microsoft offers EU concessions over its $26 billion LinkedIn bid

 

BRUSSELS Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the U.S. software company seeks to allay concerns over its largest ever deal.

5:03am EST

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Taiwan to ask for removal of Uber apps from Apple, Google app stores

 

TAIPEI Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island.

4:42am EST

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UBS won't change London presence any time soon, chairman says

 

LONDON Swiss bank UBS will not make any changes to its London operations any time soon in the wake of Britain's vote to leave the European Union, the bank's chair of its board of directors, Axel Weber, said on Wednesday.

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

 

 

 

 

Retail sales surge in October

 

Sales jump 1.9 per cent, boosted by cooler weather and Halloween

 

 

 

 

 

has Heathrow Airport made the best Christmas advert?

 

 

 

 

 

 

 

 

 

 

RBS and the Government are stuck with each other for now. Good!

 

The prospect of a huge US fine is preventing Chancellor Philip Hammond from selling any more shares. Even when the bill has been made clear, there should be no more sales until the taxpayer is in profit

 

 

 

 

 

 

Immigration: it's good for your health and your wealth says the IEA

 

 

 

 

 

 

Deloitte set to move work from UK after Brexit

 

 

 

 

 

 

Donald Trump will cause 'global trauma' if he imposes tariffs on China

 

Jack Nasser warned Mr Trump’s plan to impose tariffs of up to 45 per cent on Chinese products could be the precursor to a trade war

 

 

 

 

 

 

 

 

Insurers mislead public with £40 car insurance whiplash saving claim

 

Road accident victims will suffer as a result of the Ministry of Justice's unnecessary crackdown while the insurance industry laughs all the way to the bank

 

 

 

 

 

 

Wine prices are about to surge, Majestic boss warns

 

The industry is battling against the collapsing pound and it is ‘simply a matter of time’ before prices increase

 

 

 

 

 

 

 

 

Fracking can cause earthquakes that last for months, study finds

 

Scientists record more than 900 tremors over four months in fracking-quake hotspot in Canada – but most were too small to be felt

 

 

 

 

 

 

Property, Rolls-Royce, Hugo Boss: Business news in brief 17 November

 

Brexit pushes house builders into the red; Troubled luxury car maker announces more cuts; Fashion brand profits plummet

 

 

 

 

 

Chocolate lovers face more 'shrinkflation' to add to Toblerone outrage

 

 

 

 

 

Bank of England gets new powers to curb buy-to-let lending

 

 

 

 

 

 

Morrisons cuddles up to Amazon leaving Ocado out in the cold

 

Their deal should help continue the once struggling supermarket chain's revival, but it's a kick in teeth for Ocado

 

 

 

 

 

 

 

 

Chipotle's burger venture isn't likely to prompt a stock rebound

 

The beleaguered Tex-Mex restaurant is testing a new restaurant concept in Ohio, but it still faces a difficult challenge to lure back customers

 

 

 

 

 

 

Amazon christmas TV ad features imam and vicar exchanging gifts

 

The company pushes a message of inter-faith friendship at a divise time in the UK and the US

 

 

 

 

 

 

 

Half of Black Friday 'deals' aren't actually deals at all

 

Amazon, Currys, John Lewis, Argos and AO among those accused of offering 'misleading' promotions

 

 

 

 

 

TalkTalk, Premier Foods, ECB: Business news in brief, 16 November

 

 

 

 

 

Unemployment rates falls to 11-year low

 

 

 

 

 

 

Nintendo shares jump after Super Mario iPhone release date announced

 

Gaming giant hopes to recreate phenomenal success of Pokemon Go, which was downloaded half a billion times

 

 

 

 

 

 

 

Amazon and Morrisons partner to launch same day delivery service

 

The online retail giant's tie-up with Morrisons began in June

 

 

 

 

 

Lack of new house building not to blame for soaring house prices

 

 

 

 

 

Google committed to the UK after Brexit as it plans new London HQ

 

 

 

 

 

 

Barack Obama backs IMF calls for Greece debt relief

 

“We cannot simply look to austerity as a strategy,” the US President said after meeting Prime Minister Alexis Tsipras

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

Former Valeant and Philidor Executives Charged in Kickback Scheme

 

By KATIE THOMAS and MATTHEW GOLDSTEIN 57 minutes ago

 

 

Gary Tanner, the former Valeant executive, entered into a secret relationship with Philidor’s chief executive, Andrew Davenport, federal authorities said.

 

 

 

17EBIZ2-sfSpan.jpg

Gregg McGough for The New York Times

 

 

Entrepreneurship

 

Insure This Business? Start-Ups Face Challenges

 

By JANET MORRISSEY

 

An entrepreneur might want to save money by ignoring potential liabilities, patents, copyrights or taxes, but such issues can be business killers.

 

 

 

 

 

 

 

 

 

 

 

 

18DB-CHASE-thumbStandard.jpg

JPMorgan Chase to Pay $264 Million to Settle Foreign Bribery Case

 

By BEN PROTESS and ALEXANDRA STEVENSON 11 minutes ago

 

The case centers on JPMorgan’s hiring practices in China, where it is accused of hiring the children of Chinese leaders to win business there.

 

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Yellen: Too Soon to Predict Economic Effects of Election

 

By BINYAMIN APPELBAUM 1:01 PM ET

 

In her first public comments since the election, the central bank chief also signaled that the Fed remained likely to raise interest rates next month.

 

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Automated Pro-Trump Bots Overwhelmed Pro-Clinton Messages, Researchers Say

 

By JOHN MARKOFF 10:00 AM ET

 

The purpose of the chatbots was to rant, confuse people or muddy discussions on Twitter in the days before the election, an Oxford University report found.

 

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Ritual of Ever-Present Coverage May Not Pass Muster With Trump

 

By MICHAEL M. GRYNBAUM

 

Reporters who thought the Obama administration was closed may be up against something much more opaque.

 

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In China, Toilets Have Trump’s Name Without His Permission

 

By SUI-LEE WEE

 

Claims to the name by makers of computers, cosmetics and leather goods highlight the difficulties that big names face when dealing with Chinese trademark laws.

 

18FOOD3-thumbStandard.jpg

With an Eye on Hunger, Scientists See Promise in Genetic Tinkering of Plants

 

By JUSTIN GILLIS 54 minutes ago

 

By altering photosynthesis in tobacco, researchers improved the plant’s production, a method they hope will prove successful in food crops.

 

18FRACK-thumbStandard.jpg

In Canada, a Direct Link Between Fracking and Earthquakes

 

By HENRY FOUNTAIN 2:04 PM ET

 

Most fracking-induced quakes in the United States are related to wastewater disposal from oil and gas wells. Scientists see a different culprit in Alberta.

 

17DB-BANKS-thumbStandard.jpg

Minneapolis Fed Chief Proposes Eliminating ‘Too Big to Fail’ Banks

 

By MICHAEL CORKERY

 

On the surface, Mr. Kashkari’s plan would seem to be a tough sell in the new Trump administration, requiring banks to boost their capital by carrying steep costs.

 

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Paris Climate Deal Is Too Weak to Meet Goals, Report Finds

 

By JOHN SCHWARTZ

 

The International Energy Agency warned that reaching the ambitious targets set forth by last year’s global climate change accord would be next to impossible.

 

18DB-CHINACONGRESS-1-thumbStandard.jpg

U.S. Should Get Tougher on China’s Deal Making, Panel Says

 

By EDWARD WONG

 

The annual report, from the U.S.-China Economic and Security Review Commission, calls for restrictions on purchases by Chinese government-run companies.

 

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Turkey’s Free Press Withers as Erdogan Jails 120 Journalists

 

By ROD NORDLAND

 

The journalists have been jailed since a failed coup in July, and news outlets have been closed or taken over by supporters of President Recep Tayyip Erdogan.

 

17Egypt2-thumbStandard.jpg

Protests at Elite University Show How Egyptian Cash Crisis Tests All

 

By DIAA HADID and NOUR YOUSSEF

 

Students at American University of Cairo are seeking a cap on tuition, reflecting concerns the middle and upper classes have about a flailing economy.

 

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More Retailers Are Choosing to Close on Thanksgiving Day

 

By RACHEL ABRAMS

 

The decision to close is the latest evolution in the retail industry’s scramble to figure out how to compete in an increasingly complex shopping season.

 

 

 

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

JP Morgan pays $264m for China 'bribery'

 

 

 

 

US bank JP Morgan pays $264m to settle claims it hired the children of Chinese officials in return for business.

 

  • 17 November 2016
  • From the section Business

 

 

Related content

 

 

 

 

 

 

 

 

Staples to disappear from UK High Street

 

The UK High Street is losing another brand following the sale of Staples, the stationery specialist, to a restructuring company.

 

  • 17 November 2016
  • From the section Business
  • comments

 

 

 

 

 

 

 

Live Business Live: Dollar at 13-year high

 

Dollar at 13-year high after Yellen signals rate rise "relatively soon"; S&P 500 and Nasdaq climb.

 

 

 

 

 

 

Yellen: Fed could increase rates 'soon'

 

  • 17 November 2016
  • From the section Business

 

 

Asda sales continue to tumble

 

  • 17 November 2016
  • From the section Business

 

 

Co-op Bank announces 200 job cuts

 

 

 

 

 

 

Sport Man Utd facing £20m Adidas blow

 

  • 17 November 2016
  • From the section Football

 

 

SpaceX aims to launch internet from space

 

  • 17 November 2016
  • From the section Technology
  • comments

 

 

Retail sales soar on colder weather

 

  • 17 November 2016
  • From the section Business

 

 

Whiplash plans 'will cut insurance bills'

 

  • 17 November 2016
  • From the section Business

 

 

Bank independence 'should be curbed'

 

  • 17 November 2016
  • From the section Business

 

 

LinkedIn blocked by Russian authorities

 

 

 

 

 

Also in the News

 

 

 

Paper bike helmet wins Dyson award

 

 

 

 

 

Barcelona signs £188m sponsorship deal

 

  • 17 November 2016
  • From the section Business

 

 

 

 

Features & Analysis

 

 

 

Turmoil ahead?

 

Emerging markets braced for Trump presidency

 

  • 17 November 2016
  • From the section Business

 

 

 

 

 

Battle of the barnets

 

How fancy dress shops predicted a Trump victory

 

  • 17 November 2016
  • From the section Business

 

 

 

 

 

Brexit exposed?

 

The Autumn Statement could reveal Brexit plans

 

  • 17 November 2016
  • From the section Business

 

 

 

 

 

 

 

Housing squeeze

 

Rising rent costs are forcing families to keep moving home

 

  • 17 November 2016
  • From the section Business

 

 

 

 

 

Poo power

 

The firms turning human waste into profit

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

FTSE rises, though Royal Mail lags after results

 

LONDON British shares rose on Thursday, helped by gains among mining firms, though Royal Mail dropped after an earnings update.

5:08pm GMT

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Tesco tells big suppliers - Don't raise prices to prop up results

 

WELWYN GARDEN CITY, England Britain's biggest retailer Tesco has warned its multi-national suppliers against pushing up prices following a drop in the pound just so they can maintain their reported profits.

5:09pm GMT

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Colder weather helps UK retail sales growth to 14-year high - ONS

 

LONDON British retail sales rose at their fastest annual rate in more than 14 years in October as cold weather and Halloween boosted sales, but economists said Brexit effects were likely to weigh on spending next year.

3:00pm GMT

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BoE independence architect wants more government say at central banks

 

LONDON Britain's government must share more responsibility with the Bank of England for overseeing the economy in order to reduce the BoE's vulnerability to political attack, a former politician who gave the BoE its independence nearly 20 years ago said.

10:24am GMT

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Top British American Tobacco investor Woodford says backs Reynolds deal

 

LONDON Leading British investor Neil Woodford's fund firm said on Thursday it backed a takeover of Reynolds American by British American Tobacco , calling the tie-up "inevitable".

5:01pm GMT

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German Finance Minister Schaeuble says there is no a la carte Brexit menu

 

BERLIN Britain cannot expect any special treatment on migration if it wants to remain part of the European Union's common market as part of its Brexit deal, German Finance Minister Wolfgang Schaeuble told the Financial Times.

6:54pm GMT

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Soaraway dollar poses risk to 2017 global economy, financial stability

 

LONDON The dollar is at a 14-year high. That might sound like America is being made great again, but it could undermine economic growth in the United States and elsewhere and pose a threat to global financial stability.

5:41pm GMT

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Britain should pay into EU budget until 2020 - Poland

 

BRUSSELS Britain should keep paying into the European Union's joint coffers until the end of the current budget period in 2020, Poland's deputy foreign minister said on Thursday.

5:33pm GMT

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Who rules? Euro zone budget tensions surface

 

BRUSSELS Berlin's brusque "Nein" on Thursday to a call from Brussels for it to loosen its budget to help the euro zone's struggling south exposed tensions over who should control the currency union and police its rules.

6:14pm GMT

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EU bail-in inappropriate for systemic banking crisis - Juncker aide

 

BRUSSELS European Union bail-in rules to reduce taxpayers' costs in bank rescues may not be appropriate if a banking crisis is systemic, a senior European Commission official said on Thursday.

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

Sweden says euro zone should stick to budget rules, wants soft Brexit

 

STOCKHOLM Loosening euro zone budget rules and spending more to boost growth and jobs would put the bloc's recovery at risk, Sweden's finance minister said on Thursday.

6:14pm GMT

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Deutsche Bank could seek repayment of manager bonuses - sources

 

FRANKFURT Deutsche Bank is still considering whether to demand that former top managers repay bonuses given the bank's poor performance, several people familiar with the matter told Reuters.

6:05pm GMT

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Former Deutsche Bank CEO Ackermann says paid bonuses not an issue

 

BERLIN Deutsche Bank's former chief executive Josef Ackermann said there was no talk of giving back bonuses paid in the past, responding to reports that the lender was considering demanding such a step in light of its poor performance.

6:05pm GMT

Obama says will continue to try to affect change in Syria

 

BERLIN U.S. President Barack Obama on Thursday said it would be naive to expect a 180-degree turn by Russia or Syrian President Bashar al Assad, but the United States and its allies would continue to try to affect change to end the deadly Syrian crisis.

6:02pm GMT

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Obama says will come back to Germany for Oktoberfest

 

BERLIN Outgoing U.S. President Barack Obama says he plans to come back to Germany at least one more time -- to visit Munich's annual beer-swigging Oktoberfest.

6:01pm GMT

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Soaraway dollar poses risk to 2017 global economy, financial stability

 

LONDON The dollar is at a 14-year high. That might sound like America is being made great again, but it could undermine economic growth in the United States and elsewhere and pose a threat to global financial stability.

5:41pm GMT

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U.S. inflation, labour market data bolster Fed December rate hike

 

WASHINGTON U.S. consumer prices recorded their biggest increase in six months in October on rising gasoline costs and rents, suggesting a pickup in inflation that potentially clears the way for the Federal Reserve to raise interest rates in December.

5:38pm GMT

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Britain should pay into EU budget until 2020 - Poland

 

BRUSSELS Britain should keep paying into the European Union's joint coffers until the end of the current budget period in 2020, Poland's deputy foreign minister said on Thursday.

5:33pm GMT

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Yellen says Fed could raise interest rates 'relatively soon'

 

WASHINGTON The election of Donald Trump as U.S. president has done nothing to change the Federal Reserve's plans for a rate increase "relatively soon," Fed Chair Janet Yellen said on Thursday in Congressional testimony that included a pledge to serve out her term.

5:29pm GMT

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Ireland to select banks for possible sale of shares in Allied Irish Banks

 

DUBLIN Ireland has begun the process of putting together a syndicate of investment banks in readiness for a possible offer of shares in state-owned lender Allied Irish Banks but the government said the move did not mean it had a specific timetable in mind.

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

No U.S. car market disruption in short term under Trump - Daimler CEO

 

BERLIN Daimler Chief Executive Dieter Zetsche said he did not expect any disruption to the U.S. auto market in the short term when Donald Trump takes office but he warned that limiting trade with Mexico would hurt both countries.

5:14pm GMT

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Tesco tells big suppliers - Don't raise prices to prop up results

 

WELWYN GARDEN CITY, England Britain's biggest retailer Tesco has warned its multi-national suppliers against pushing up prices following a drop in the pound just so they can maintain their reported profits.

5:09pm GMT

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FTSE rises, though Royal Mail lags after results

 

LONDON British shares rose on Thursday, helped by gains among mining firms, though Royal Mail dropped after an earnings update.

5:08pm GMT

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Oil rises on optimism over OPEC deal; stronger dollar caps gains

 

NEW YORK Oil prices rose on Thursday, with U.S. crude briefly rising as much as $1 a barrel, as expectations of an OPEC deal to limit production outweighed oversupply concerns, but a rallying dollar capped gains.

5:02pm GMT

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Top British American Tobacco investor Woodford says backs Reynolds deal

 

LONDON Leading British investor Neil Woodford's fund firm said on Thursday it backed a takeover of Reynolds American by British American Tobacco , calling the tie-up "inevitable".

5:01pm GMT

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Vodafone says regulators might welcome any new Liberty deal

 

BARCELONA Vodafone said regulators could look favourably on any wider tie-up between the mobile telecoms giant and cable company Liberty Global in Europe because it would counterbalance the power of former incumbents in Germany, Italy and Britain.

4:45pm GMT

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Liberty says Vodafone Dutch JV 'probably not' a template for more deals

 

BARCELONA Liberty Global's chief executive said the cable group's joint venture with mobile operator Vodafone in the Netherlands did not signal more deals between the two companies in Europe.

4:45pm GMT

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Rio Tinto fires two top executives over Guinea payments

 

SYDNEY Rio Tinto has axed two of its top 10 executives sparking a feud with one of them, amid a probe over $10.5 million in payments to a consultant who helped it win rights to develop the world's largest untapped iron ore lode in Guinea.

4:45pm GMT

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PSA, Renault, VW lead European car sales decline

 

PARIS European car sales fell 0.3 percent in October, with the region's three biggest automakers Volkswagen , PSA and Renault leading the decline, according to industry data published on Thursday.

4:31pm GMT

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AOL to cut 500 jobs, mostly in corporate units - source

 

Verizon Communications Inc's AOL digital media unit will lay off 5 percent of its workforce, or about 500 people, to consolidate operations after recent acquisitions, a person familiar with the situation said on Thursday.

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

Under new CEO, Henkel looks to develop online business

 

DUESSELDORF, Germany German consumer goods group Henkel wants to step up digital sales of its core brands, focusing on emerging markets and a younger generation which is increasingly shopping online, its chief executive said on Thursday.

3:20pm GMT

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More expensive services drive euro zone inflation higher in October

 

BRUSSELS Euro zone consumer price growth accelerated slightly in October as expected thanks to more expensive services and smaller energy price falls, data from the European Union's statistics office Eurostat showed on Thursday.

3:14pm GMT

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Frexit would be financial 'catastrophe' - Columbia Threadneedle

 

LONDON The chances of an anti-establishment candidate winning in Europe next year are high following Brexit and the U.S. election of Donald Trump, and if it led to France leaving the European Union it would be financial "catastrophe", Columbia Threadneedle Investments said on Thursday.

3:04pm GMT

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Colder weather helps UK retail sales growth to 14-year high - ONS

 

LONDON British retail sales rose at their fastest annual rate in more than 14 years in October as cold weather and Halloween boosted sales, but economists said Brexit effects were likely to weigh on spending next year.

3:00pm GMT

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German finance minister rejects calls for a debt relief for Greece

 

VIENNA The German finance minister on Thursday rejected calls for debt relief for Greece.

2:47pm GMT

Ireland's house prices rise again, further inflation seen

 

DUBLIN Irish property prices rose in every region of the country in September, climbing an average 7.3 percent from the same month a year before, and analysts said lack of supply would continue to drive the market higher.

2:46pm GMT

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Junk mail fall post-Brexit deals latest blow to Royal Mail

 

A fall in spending on junk mail by companies rattled by Britain's vote to leave the European Union hit Royal Mail's first-half profit on Thursday, pushing it to pledge to further limit its costs and knocking its shares.

2:25pm GMT

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Tata Consultancy Services calls Dec. 13 shareholder meeting for Mistry vote

 

MUMBAI India's Tata Consultancy Services said on Thursday that the company would hold an extraordinary general meeting on Dec. 13 to decide on the removal of former chairman Cyrus Mistry as director from the company's board.

2:15pm GMT

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Premature to talk about ECB reducing stimulus - Mersch

 

FRANKFURT European Central Bank interest rates may be close to bottoming out but it is still premature to talk about reducing economic stimulus given the risk of acting too early, ECB Executive Board member Yves Mersch said on Thursday.

1:50pm GMT

Investment in India's social enterprises could rise eight-fold to $8 billion by 2025 - research

 

NEW DELHI (Thomson Reuters Foundation) - Social enterprises in India could attract up to $8 billion in investment by 2025, eight times more than in 2015, due to the scale of social needs and available capital in the fast-growing economy, a study by consultancy firm McKinsey & Company showed.

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

Asda's sales slump again as owner Wal-Mart struggles in UK

 

LONDON Asda, the British supermarket arm of U.S. giant Wal-Mart, reported another sharp drop in quarterly underlying sales on Thursday, highlighting the pressure on its new boss to turn around the sector laggard.

12:46pm GMT

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Manchester United quarterly profit falls by a quarter on lower matchday revenue

 

English soccer club Manchester United posted a 25 percent fall in quarterly core earnings as its absence from the lucrative Champions League competition and fewer home games at the start of the season hit its matchday revenue.

12:40pm GMT

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ECB minutes firmly point to December for decision over asset buys

 

FRANKFURT European Central Bank rate setters meeting last month agreed on the need to maintain unprecedented monetary stimulus and to decide in December whether to extend the ECB's 1.74 trillion euro asset buys, minutes of the meeting showed on Thursday.

12:37pm GMT

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German finance minister sees no room for euro zone fiscal stimulus

 

BERLIN The German Finance Ministry on Thursday rejected a call by the European Union's executive for governments in the 19-country euro zone to spur growth and jobs by loosening overall budget policy next year.

12:36pm GMT

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UK insurer body wants bulk of EU capital rules to stay after Brexit

 

LONDON The European Union's capital rules for insurers should be copied into UK law after the country leaves the bloc to avoid "regulatory limbo," with only some elements changed to work better for UK consumers, an industry group said on Thursday.

12:22pm GMT

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Euro zone bond yields fall after BOJ fires warning shot

 

LONDON Euro zone government bond yields fell on Thursday, pulling away from multi-month highs, after the Bank of Japan fired a warning shot to markets not to push borrowing costs too high following Donald Trump's unexpected victory in last week's U.S. presidential election.

12:14pm GMT

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UBS's head of U.S. wealth management bullish about growth

 

NEW YORK For the first time since UBS Group AG bought PaineWebber 16 years ago, the world's largest wealth manager's U.S. business has a smaller workforce than an independent rival, Raymond James Financial .

12:05pm GMT

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Toyota sharpens focus on electric cars through new in-house unit

 

TOKYO Toyota Motor Corp is setting up a new in-house unit to develop electric cars, offering its strongest endorsement yet of a technology it has not embraced wholly, as take up of a rival technology it pioneered remains slow.

11:47am GMT

Leverage levels hit post-crisis high in Europe's loan market

 

LONDON Leverage levels are hitting post-crisis highs in Europe’s leveraged loan market as borrowers tap into a wave of liquidity from lenders competing to get on a limited number of deals.

11:34am GMT

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E.ON says CFO Michael Sen to move back to Siemens

 

DUESSELDORF, Germany Siemens has asked Michael Sen to return to its management board, just over a year after he left the engineering conglomerate to become the German power utility E.ON's finance chief, E.ON said on Thursday.

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

Ireland's house prices rise again in September

 

DUBLIN Irish property prices rose month-on-month in every region of the country in September, the central statistics office said on Thursday, contributing to a 1.3 percent monthly rise that put prices 7.3 percent higher than they were a year ago.

11:18am GMT

Engineer WS Atkins expects to benefit from Trump infrastructure boost

 

British engineering firm WS Atkins expressed optimism over its medium-term outlook on Thursday, saying it should benefit from plans by both U.S. President-elect Donald Trump and the UK government to increase spending on infrastructure.

11:16am GMT

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EU agrees larger 2017 budget after marathon talks, Italy abstains

 

BRUSSELS The European Union reached agreement in the early hours of Thursday on next year's budget, which will increase government spending to create more jobs and address the migration crisis, but Italy abstained, a new sign of Rome's tense relations with Brussels.

11:13am GMT

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EU delays ChemChina-Syngenta merger decision to March 29

 

BRUSSELS The European Commission has pushed back its deadline for a decision on ChemChina's plan to acquire Swiss pesticides and seeds group Syngenta by 10 working days to March 29.

11:01am GMT

Bank of Ireland CEO says surprised by lack of Brexit impact

 

DUBLIN Bank of Ireland has seen a surprisingly benign impact on its business customers from Brexit but still believes it will be drag on the economy, the chief executive of Ireland's largest bank by assets said on Thursday.

10:50am GMT

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Key U.S. senator remains concerned over ChemChina-Syngenta deal

 

BEIJING A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion (34.49 billion pounds), could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts.

10:43am GMT

German economy creates more jobs, but employment growth slows

 

BERLIN More people joined the German workforce over the summer months, but the rate of job creation slowed slightly compared with previous quarters, data showed on Thursday, suggesting domestic support for growth in Europe's biggest economy could weaken.

10:31am GMT

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BoE independence architect wants more government say at central banks

 

LONDON Britain's government must share more responsibility with the Bank of England for overseeing the economy in order to reduce the BoE's vulnerability to political attack, a former politician who gave the BoE its independence nearly 20 years ago said.

10:24am GMT

Great Portland becomes second firm to cut forecast due to Brexit

 

Great Portland Estates on Thursday became the second property firm focused on offices in London to cut its full-year rental growth forecast due to the uncertainty after Britain's vote to leave the European Union.

9:54am GMT

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Big chill - early winter stokes North Asian appetite for oil, coal, gas

 

Power plants across North Asia are running at full tilt as the region braces for the early onset of winter, underpinning prices for the coal, gas and oil they need to churn out electricity.

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

Premier Oil agrees new lending terms in exchange for say in projects

 

LONDON Premier Oil has pushed back its refinancing deal to the first quarter of 2017 but said lenders had largely agreed to new terms, including extending debt repayment dates in exchange for some control over which projects the company can invest in.

9:05am GMT

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Airbus to announce jetliner sale to Japan's Peach Aviation -sources

 

PARIS/TOKYO Airbus is set to announce an order from Japanese low-cost carrier Peach Aviation, industry sources said, in a move that could help the planemaker narrow a gap with rival Boeing in their race to supply to Asia's No.2 aviation market.

8:31am GMT

Johnson Matthey raises interim dividend by 5 percent

 

LONDON Johnson Matthey , a world leader in making catalysts for car emission-control devices, said it had raised its interim dividend by 5 percent to 20.5 pence and first-half sales were also up 5 percent from a year ago.

8:20am GMT

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RBS rejected Goldman, Deloitte warning over 2008 cash call, lawsuit alleges

 

LONDON Just hours before Royal Bank of Scotland launched a massive cash call in 2008 to shore up its capital, the bank's senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege.

7:24am GMT

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Volkswagen aims to sell 400,000 new energy vehicles a year in China by 2020

 

GUANGZHOU, China Volkswagen aims to boost new energy vehicle sales in China to 400,000 units a year by 2020, the automaker's China chief Jochem Heizmann said, as Beijing pushes automakers to sell low-emissions cars via incentives and friendly regulations.

7:20am GMT

Japanese airline Peach may order around 13 Airbus jets - sources

 

PARIS Airbus is set to announce an order from Japanese low-cost carrier Peach Aviation for around 13 aircraft worth some $1.3 billion at list prices, industry sources said on Thursday.

6:18am GMT

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Asia drives Prudential's new business profit, raises dividend

 

LONDON/BANGALORE Prudential's Asian focus drove a 19 percent rise in new business profit for the first nine months, the British life insurer said on Wednesday as it pledged to raise its dividend by 5 percent every year.

3:32am GMT

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OPEC ready to reach 'forceful' deal on cutting oil output - Maduro

 

CARACAS OPEC countries are ready to reach a "forceful" agreement on cutting oil output, Venezuelan President Nicolas Maduro said on Wednesday, following a meeting with OPEC Secretary-General Mohammed Barkindo in Caracas.

1:00am GMT

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Top banks' nine-month commodities revenue down 22 percent - report

 

LONDON Commodities-related revenue at the 12 biggest investment banks fell 22 percent in the first nine months due to weak industrial metals trading and lacklustre investor interest, a report by financial industry analytics firm Coalition said.

12:12am GMT

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Roche, Bristol-Myers cut cancer drug prices to win UK approval

 

LONDON Roche and Bristol-Myers Squibb on Thursday became the latest drugmakers to cut the price of cancer medicines in order to secure access to Britain's National Health Service.

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

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

 

 

 

 

What a 'transitional' Brexit deal for the UK would be

 

Such a deal is widely presumed to involve Britain leaving the EU, as planned, in 2019 but immediately entering a close trading relationship with the rest of the bloc as part of the European Economic Area

 

 

 

 

 

Donald Trump urged to sell off business interests

 

 

 

 

 

 

 

 

 

 

PM Theresa May tells businesses she'll play nice

 

 

 

 

 

 

Mitie shares plummet 20 per cent as it is squeezed by Brexit

 

 

 

 

 

 

Sterling slump means higher deposit protection guarantees for savers

 

 

 

 

 

 

Pensions: Stephen Crabb and IDS right to call for triple lock rethink

 

 

 

 

 

 

 

 

Theresa May gets businesses to tackle poor conditions and CEO pay

 

 

 

 

 

 

Facebook to open new headquarters in London next year

 

 

 

 

 

 

 

 

Petrol to be cut to below £1 by Morrisons amid growing price war

 

Move expected to trigger price war between supermarket rivals

 

 

 

 

 

 

Premier League agrees record £560m deal for Chinese TV rights

 

Three-year agreement with video streaming service PPTV will be the league's most lucrative overseas contract

 

 

 

 

 

Maltesers follow Toblerone's downsizing as bags get 15% lighter

 

 

 

 

 

Tesco-man David Lewis fights for the consumer as Black Friday beckons

 

 

 

 

 

 

Volkswagen axes 30,000 jobs after it scammed emissions tests

 

Car maker is grappling with huge car industry changes and a $15bn fine over Dieselgate

 

 

 

 

 

 

 

 

Alzheimer's Research imagines Christmas without Santa in powerful ad

 

Father Christmas has stopped delivering presents due to his deteriorating memory in new campaign

 

 

 

 

 

 

Financial Conduct Authority says money managers over charging savers

 

Personal finance writers have for years highlighted that stockmarket index tracking funds are better value for most savers. Now the FCA has woken up to the issue, but are its reform proposals up to snuff?

 

 

 

 

 

 

 

iPhones are less reliable than Android devices, study finds

 

Overheating is cited as the most common problem faced by iPhone users

 

 

 

 

 

McDonald's introduces table service across US

 

 

 

 

 

Three mobile data hack leaves 9 million customers at risk

 

 

 

 

 

 

Don’t make shoppers pay for weak pound, Tesco boss warns

 

Dave Lewis spoke out for the first time since supplier Unilever tried to raise the cost of popular items such as Marmite due to a weaker currency

 

 

 

 

 

 

 

Fracking can cause earthquakes that last for months, study finds

 

Scientists record more than 900 tremors over four months in fracking-quake hotspot in Canada – but most were too small to be felt

 

 

 

 

 

has Heathrow Airport made the best Christmas advert?

 

 

 

 

 

JP Morgan boss Jamie Dimon 'turns down Donald Trump job offer'

 

 

 

 

 

 

What are Hatchimals and where to buy them?

 

The official Hatchimals retailers are Argos, Tesco, Toys ‘R’ Us and Smyths but many are running out of stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ed Balls says Bank of England independence should be curbed

 

Architect of policy now says more political accountability needed

 

 

 

 

 

Property, Rolls-Royce, Hugo Boss: Business news in brief 17 November

 

 

 

 

 

RBS and the Government are stuck with each other for now. Good!

 

 

 

 

 

 

Immigration: it's good for your health and your wealth says the IEA

 

The free market think tank has put forward some good ideas for making the system work better. Unfortunately they may struggle to get a hearing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deloitte set to move work from UK after Brexit

 

World’s biggest accountancy firm says non-EU migrants are crucial for its business, having already accused the Government of having ‘no plan’ for EU negotiations

 

 

 

 

 

 

 

 

Bank of England gets new powers to curb buy-to-let lending

 

Buy-to-let is controversial because investors are accused of crowding out first-time buyers

 

 

 

 

 

 

 

Morrisons cuddles up to Amazon leaving Ocado out in the cold

 

Their deal should help continue the once struggling supermarket chain's revival, but it's a kick in teeth for Ocado

 

 

 

 

 

 

Chipotle's burger venture isn't likely to prompt a stock rebound

 

The beleaguered Tex-Mex restaurant is testing a new restaurant concept in Ohio, but it still faces a difficult challenge to lure back customers

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

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