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The great interest rate rip off part 10


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BT returns to mobile phones with £12.5bn takeover of EE

 

Companies believe consumers will increasingly want to buy one package covering all four services

 

Workers will get right to buy out bosses under Labour rule

 

 

 

 

Chancellor ignored advice from Treasury to launch Help to Buy scheme

 

 

 

 

Vodafone boss says BT 'will have to behave very well' in £12.5bn takeover of EE

 

 

 

 

Microsoft CEO Satya Nadella tells his staff to stop wasting their time in pointless meetings

 

 

 

 

Katy Perry to get mobile game made by team behind Kim Kardashian: Hollywood

 

 

 

 

Twitter earnings report: What to expect in more than 140 characters

 

 

 

 

Twitter CEO Dick Costolo: 'We suck at dealing with abuse and trolls'

 

 

 

 

Twitter still ‘sucks’ at protecting users from abuse, says CEO

 

 

 

 

Bank of England keeps interest rates at 0.5%

 

 

 

James Moore: Super-competitive Sky worth keeping an eye on

 

Outlook The sun in chief executive Jeremy Darroch’s Sky is a bright one. Reporting his first set of results since BSkyB’s merger with Sky Italia and Sky Deutschland, he’s hitting a sweet spot with the latter in particular. German consumers are rapidly coming around to the idea of paying for premium TV services.

 

 

James Moore: Be warned. When it comes to austerity and cuts, we ain't seen nothing yet

 

 

 

 

James Moore: FCA's white knights idea has some grey areas

 

 

 

 

James Moore: Icap fights back at EU, but at what cost?

 

 

 

 

James Moore: Rupert Murdoch's off the hook as Wall Street moves on

 

 

 

 

James Moore: Tesco's golden goodbyes leave the firm with yet more egg on its face

 

 

 

 

James Moore: Never mind buses, state ownership is what our railways require

 

 

 

 

Hedge funds - stop your sobbing and try to make a difference

 

 

 

 

The man from Puma walks the green talk. But now he'll have to run it

 

 

 

 

Mark Leftly: Can we outsource guns'n'ammo? We're still waiting for an answer

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

Greece pleads with Berlin for time and money to re-write debt deal

 

VarouBerlinBloombe_3189525d.jpg

Finance Minister Yanis Varoufakis evokes fears of Nazism in Greece in a bid to end his country's "ritual humiliation" at the hands of its creditors

148 Comments

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Wonga avoids criminal investigation over fake letters

 

City of London police says small print in late payment letters show company's letters were not purporting to be from debt recovery firms

16 Comments

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Vodafone calls on Three to cut ties with EE to curb BT

 

Network sharing deals are 'not compatible', says Vodafone boss Vittorio Colao

Comment

 

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Yes We Can: Rexam admits £4.3bn bid talks with American can making rival

 

Shares in FTSE 250 constituent rise 25pc following confirmation of bid talks

3 Comments

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Songbird Estates shareholders back £2.6bn Canary Wharf takeover

 

Docklands financial district destined for Qatari hands after shareholders support £2.6bn takeover

Comment

Tesco under investigation over suspected supplier mistreatment

 

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Big Four retailer crisis deepens after Grocery Conduct Authority opens investigation

38 Comments

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BT seals £12.5bn deal to buy EE - as it happened

 

Deutsche Telekom will get a 12pc stake in BT and the right to appoint one board member, while France’s Orange will get more cash and a 4pc stake in BT

24 Comments

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AstraZeneca unveils $600m Actavis deal as full-year results disappoint

 

UK drug maker pays $600m to rights of Actavis' portfolio of branded respiratory medicine

Comment

 

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Former City minister Mark Hoban to join the London Stock Exchange

 

The Conservative MP is taking on a new non-executive role as he prepares to leave Parliament

1 Comment

House prices bounce back - but for how long?

 

houses_3001432d.jpg

Demand for homes in the UK turns a corner in 2015 despite pre-election jitters in London

Europe could be torn apart by the wrong sort of Eurosceptics

 

Women don’t need quotas to win a place on the board

 

Devaluation by China is the next great risk for a deflationary world

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

_80804406_025663244-1.jpgEnd 'gross indignity', says Greece

 

Greece's new finance minister urges Germany to help end the "gross indignity" of the Greek debt crisis after talks with his German counterpart.

 

 

 

_80804506_462778152.jpgBT to buy mobile firm EE for £12.5bn

 

UK phone giant BT agrees to buy the British mobile operator EE for £12.5bn, but rivals Vodafone and TalkTalk want the competition authorities to intervene.

 

 

 

Other Top Stories

 

 

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 chief executive Andy Clarke says Sunday trading laws are 'fundamentally wrong'

 

Larger stores can only open for a maximum of six hours on a Sunday

 

US creates 257,000 jobs as labour market shows signs of recovery

 

 

 

 

UK trade deficit widens to £34.8bn - the highest figure since 2010

 

 

 

 

European Central Bank agrees €60bn emergency liquidity assistance for Greek banks

 

 

 

 

US private equity firm Victory Park Capital Advisors set to invest in P2P lending websites

 

 

 

 

Poundland set to become a high street giant as it seeks to take over 99p Stores in £55m deal

 

 

 

 

Trading pits to fall silent this summer

 

 

 

 

Twitter user growth slows again - but revenue and profits remain strong

 

 

 

 

Greece and Germany cannot even agree to disagree over bailout terms

 

 

 

 

Vodafone boss issues warning over BT mobile takeover

 

 

 

Mark Leftly: They gave the watchdog power to probe supermarkets. Shame they forgot the teeth

 

Westminster Outlook As well as being the Groceries Code Adjudicator, the rather ominous-sounding title for the watchdog overseeing the relationship between supermarkets and their suppliers, Christine Tacon is a non-executive director at the Met Office. She should, then, be able to forecast the storms ahead in her first big test in the role.

 

Mark Leftly: Who is in the MoD's sights to equip our armed forces?

 

 

 

 

James Moore: FCA's white knights idea has some grey areas

 

 

 

 

James Moore: Super-competitive Sky worth keeping an eye on

 

 

 

 

James Moore: Be warned. When it comes to austerity and cuts, we ain't seen nothing yet

 

 

 

 

James Moore: Icap fights back at EU, but at what cost?

 

 

 

 

James Moore: Rupert Murdoch's off the hook as Wall Street moves on

 

 

 

 

James Moore: Tesco's golden goodbyes leave the firm with yet more egg on its face

 

 

 

 

James Moore: Never mind buses, state ownership is what our railways require

 

 

 

 

Hedge funds - stop your sobbing and try to make a difference

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

6 February 2015 Last updated at 20:19

 

 

US jobs market gathers momentum_80836414_us.burgers.g.jpg

 

The United States added 257,000 jobs last month and the number created in November and December was revised sharply higher.

 

 

_80830565_contactlesspayment-9.jpgContactless card limit rises to £30

 

The spending limit on contactless cards is to be increased to £30 from September 2015, the UK Cards Association announces

 

 

 

_80829212_felixstowe.g.jpgUK trade deficit widest since 2010

 

The UK's trade deficit last year widened to £34.8bn, the biggest deficit since 2010 according to the Office for National Statistics.

 

 

 

Other Top Stories

 

 

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

Brazil's Petrobras taps state banker as CEO; shares dive

 

8:21pm GMT

 

Dollar, bond yields rise on robust U.S. jobs data

 

FXpert 7:58pm GMT

 

Isolated Greece wants no more bailout money with strings | btn_rel_video.gif

 

7:39pm GMT

 

Strong U.S. job, wage gains open door to mid-year rate hike | btn_rel_video.gif

 

7:10pm GMT

 

Fed seen hiking rates earlier as jobs gain, wages rise

 

7:10pm GMT

 

For blue-collar America wage gains are slim even as employment surges

 

7:10pm GMT

 

Long-term U.S. unemployment rate may have slipped - Fed's Lockhart

 

7:09pm GMT

 

Takata air bag lawsuits sent to Florida court

 

7:00pm GMT

 

S&P downgrades Greece, warns time limited for a deal with creditors

 

7:00pm GMT

 

Acacia settles with Tanzanian villagers over mine fatalities

 

Africa 6:39pm GMT

 

Oil climbs, Brent heads for best two weeks since 1998

 

FXpert, Middle East 6:33pm GMT

 

Petrobras' new CEO seen as loyal government foot soldier

 

6:30pm GMT

 

Google can disrupt car industry but is no automaker, Daimler says

 

Tech, 6:18pm GMT

 

Buyout firm Exponent emerges as frontrunner for Big Bus Tours - sources

 

6:08pm GMT

 

Greece wants no more bailout money, needs more lending ability-government official

 

5:54pm GMT

 

Brazil's Petrobras names Bendine as new CEO - statement

 

5:53pm GMT

 

Fed rate lift-off on track but inflation, wages a worry -Lockhart

 

5:42pm GMT

 

Fortress-Prelios consortium to pay $566 million for UniCredit's UCCMB - sources

 

5:31pm GMT

 

Judge tosses much of Prudential mortgage lawsuit against BofA

 

5:23pm GMT

 

Oil rush takes ETP investor inflows to five-year high

 

FXpert 5:18pm GMT

 

Rare growth-linked debt could work for Greece

 

5:13pm GMT

 

Tate tumbles and gold miners fall as FTSE slips

 

FXpert 5:06pm GMT

 

Exclusive - Startup backed by Goldman, other banks may offer new research, data platform

 

Tech, 5:01pm GMT

 

RadioShack lines up $285 million in bankruptcy financing

 

4:58pm GMT

 

Mr Muscle owner SC Johnson picks up Charterhouse's Deb Group

 

4:46pm GMT

 

Ireland repays additional 3.5 billion euros of IMF loans

 

4:28pm GMT

 

Siemens CEO draws restructuring to a close with 7,800 job cuts | btn_rel_video.gif

 

4:10pm GMT

 

European IPO market has strongest start to year since 1970s

 

FXpert 3:59pm GMT

 

Air France chief responds to Dutch complaints with public letter

 

Aerospace & Defence 3:53pm GMT

 

Greece must present strategy to euro group - German finance ministry spokesman

 

3:48pm GMT

 

Greek bank shares hit by broker downgrades amid debt stand-off

 

3:48pm GMT

 

Greece says no to EU on any commitment to existing bailout

 

3:48pm GMT

 

Factbox - Greece's emergency liquidity lifeline

 

3:48pm GMT

 

Washington tells Greece to work cooperatively with EU partners

 

IMF 3:48pm GMT

 

Iran oil min says oversupply mainly to blame for price slump - IRNA

 

FXpert, 3:25pm GMT

 

IMF sees uncertainty about path of oil prices

 

FXpert, G20, IMF 3:25pm GMT

 

Lufthansa tells airline staff more savings needed

 

Aerospace & Defence 3:16pm GMT

 

International lenders say no deal yet to restart Cyprus aid

 

3:14pm GMT

 

UK hire group HSS shares fall on debut after low-end pricing

 

2:38pm GMT

 

Fed should have cut 'patient' from January statement - Plosser

 

2:22pm GMT

 

Lawyer says British banks are off the hook with embedded rate swaps

 

2:17pm GMT

 

Oil import surge widens UK trade gap, but exports also grow

 

UK 2:11pm GMT

 

Ex-Siemens CFO Neubuerger commits suicide

 

1:53pm GMT

 

Exclusive - Recording shows how UBS drove reluctant brokers to sell high-risk Puerto Rico funds

 

1:53pm GMT

 

Banks slash FX leverage for clients after Swiss franc rout

 

1:50pm GMT

 

January shows 257K in nonfarm payrolls, big upward revisions as well

 

1:48pm GMT

 

Lenders renew appetite to take-and-hold leveraged loans

 

1:45pm GMT

 

Bank of Italy says tough capital requirements may hit growth

 

1:43pm GMT

 

EC clears Italian postal service's investment in Alitalia

 

Aerospace & Defence 12:56pm GMT

 

Sky Bet makes further changes to buyout loan to get investors in

 

12:47pm GMT

 

Standard Life to offer financial advice with Pearson Jones buy

 

12:38pm GMT

 

Investments in water in poor nations give big benefits - World Bank

 

12:36pm GMT

 

Statoil slashes costs and investment as low oil prices weigh

 

Norway 12:29pm GMT

 

China says hard work required to ensure stable trade in 2015

 

12:26pm GMT

 

Indian banks' loans up 10.7 percent year-on-year in two weeks to January 23 - central bank

 

12:09pm GMT

 

EBay restates quarterly profit to reflect lower income tax

 

Tech 11:57am GMT

 

Japan's trading houses to step up asset sale to defy resource slump

 

Japan 11:52am GMT

 

Ukraine forex market in confusion after bank removes unofficial peg

 

11:47am GMT

 

Woodford Investment to launch 200 million pound investment trust

 

11:35am GMT

 

UK's Poundland swoops for 99p Stores

 

11:24am GMT

 

Tate & Lyle warns on profit as sweeteners turn sour

 

11:21am GMT

 

Greek, German ministers clash as ECB snub hits Athens' banks | btn_rel_video.gif

 

11:20am GMT

 

UK hiring slows as skills shortages bite, recruiters say

 

UK 11:08am GMT

 

German industrial output up in December; fourth month of gains

 

10:54am GMT

 

Contactless card payments treble in Britain in 2014

 

UK, Sport 10:38am GMT

 

Mercedes has record January car sales as core markets jump

 

10:35am GMT

 

China corruption watchdog accuses state energy firms of serious violations

 

10:29am GMT

 

China January inflation seen at five-year low, while export growth dips

 

10:25am GMT

 

Ireland not yet convinced by IAG's Aer Lingus offer - minister

 

Aerospace & Defence 7:53am GMT

 

Capita to provide services for Britain's National Health Service

 

UK, 7:33am GMT

 

Pratt says growth in F-35 production will help cut costs

 

5:17am GMT

 

Union rejects sixth refinery offer from Shell; talks next week

 

3:11am GMT

 

Hyundai Motor family succeeds at Glovis stake sale on second attempt

 

2:16am GMT

 

Twitter tops Wall Street revenue target, user growth slows | btn_rel_video.gif

 

Tech 1:35am GMT

 

Twitter CEO wins breathing room from Wall Street critics

 

Tech 1:31am GMT

 

Growth in hiring business drives LinkedIn revenue beat

 

Tech 1:30am GMT

 

Verizon to sell wireline operations, towers worth $15.6 billion

 

Tech 1:17am GMT

 

Books, digital real estate assets lift News Corp results

 

12:57am GMT

 

Australia's RBA highlights economic uncertainties behind February rate cut

 

Australia 12:42am GMT

 

RadioShack files for bankruptcy; Sprint to take over some stores

 

12:42am GMT

 

Oil up over 4 percent on Libya raid, China easing; volatility seen

 

FXpert, Middle East 12:31am GMT

 

Japan to tell G20 its economy steadily improving - finance minister

 

G20, Japan 12:23am GMT

 

China central bank official says RRR cut not start of strong stimulus - Xinhua interview

 

12:18am GMT

 

Hyundai Glovis shares up more than 3 percent after block deal

 

12:15am GMT

 

British lawmakers attack PwC and Shire over 'industrial scale' tax avoidance

 

12:08am GMT

 

U.S. jobs market seen firm despite slowing economy

 

12:02am GMT

 

Drinks can maker Ball in talks to buy UK rival Rexam

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

Greece downgraded as S&P warns cash crisis could force it out of euro

 

greece_3190965d.jpg

Standard & Poor's cuts Greece to the brink of default and warns that the country could be forced to leave the single currency if it loses access to European funding

38 Comments hiring_1707977g.jpg

US enjoys bumper job growth with strongest quarter since 1997

 

The US economy managed to add more jobs than expected in January, yet suffered a small rise in unemployment

52 Comments

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General election will cause financial turmoil, warns UBS

 

The May general election will bring a bout of financial market volatility like that suffered during Scotland’s independence referendum, a leading wealth manager has warned

39 Comments

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Jamie Oliver 'to sell stake in publishing unit for up to £50m'

 

Celebrity chef Jamie Oliver hires US investment bank Raine to oversee sale of stake in publishing unit

Comment

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Cash disappearing from high street with rise of contactless cards

 

Use of contactless technology more than trebles in 2014 with cash accounting for less than one in every four pounds of retail spending

31 Comments

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Home of British comedy to be sold to Singapore billionaire

 

Teddington Film Studios will be turned into luxury flats

18 Comments

MARGARET-HODGE_2873908g.jpg

PwC defends its tax work after fresh criticism

 

Public Accounts Committee makes a new attack on the firm's international tax advice

102 Comments

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Tate & Lyle shares crash 15pc after third profit warning in a year

 

British food maker says profits will be "modestly below" earlier guidance of £230-245m

1 Comment

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Shaftesbury to pay up to £40m to exit costly interest rate swaps

 

West End landlord is overhauling its debts at a time of ultra-low interest rates

Comment

Towergate's junior creditors avoid wipe-out with new £300m refinancing deal

 

gherkin_2891566d.jpg

Insurance firm's two groups of bondholders have agreed to work together on the rescue funding

 

 

Instead of paying down its debts, the world’s gone on another credit binge

 

Inflation rise will be cost of oil price fall as spending begins

 

Greek stand-off pushes Europe to the brink

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

Makers of Luxury Goods Shift Focus to United States

 

By HIROKO TABUCHI 2:15 PM ET

 

 

As the American economy turns around and upper-income spending falters in other countries, companies chase American millionaires.

 

 

 

06luxury1-web-sfSpan.jpg

Damon Winter/The New York Times

 

Salvatore Ferragamo, Hermès and Paul Smith are set to open locations at a $300 million luxurious redevelopment of the World Financial Center on the Hudson waterfront, with a glass pavilion and European-themed gourmet market.

 

 

 

 

 

07jobs2-web-thumbStandard.jpg

Job and Wage Gains as Americans Rejoin the Work Force

 

By NELSON D. SCHWARTZ 9:53 AM ET

 

American employers added 257,000 jobs in January, showing that signs of economic momentum late last year carried into 2015.

 

 

 

 

07jobpolitics1-web-thumbStandard.jpg

Upbeat Jobs Report Narrows Political Debate, but Doesn’t End It

 

By JONATHAN WEISMAN 2:16 PM ET

 

With job gains revised upward, even the grumpiest Republicans found things to praise.

 

 

 

 

 

 

 

 

06williams-hp-thumbStandard.jpg

With an Apology, Brian Williams Digs Himself Deeper in Copter Tale

 

By JONATHAN MAHLER, RAVI SOMAIYA and EMILY STEEL

 

Veterans challenged Mr. Williams’s assertion that he made a mistake when he spoke about having been in a military helicopter forced down by enemy fire in 2003.

 

 

White House Accelerates Drive to Improve Data Privacy

 

By JULIE HIRSCHFELD DAVIS

 

The push came after Anthem, one of the nation’s largest health insurers, said that the personal data of tens of millions of its customers had been compromised.

 

anthem1-thumbStandard.jpg

Anthem Hacking Points to Security Vulnerability of Health Care Industry

 

By REED ABELSON and MATTHEW GOLDSTEIN

 

The insurer failed to protect data in its computers through encryption in the same way it protected medical information, and 80 million records were accessed.

 

 

DealBook

 

06ALLY-thumbStandard.jpg

Ally Financial Seeks Brisker Profit Under New Leadership

 

By MICHAEL CORKERY 10:45 AM ET

 

The former GMAC has separated painfully from General Motors and paid off the Treasury. Now with a new chief executive in place, it is aiming to ramp up performance.

 

07openskies1-web-thumbStandard.jpg

United States Airlines Are Challenging Open-Skies Agreements

 

By JAD MOUAWAD

 

United States air carriers see growing rivals in the Persian Gulf and Europe as a threat.

 

TurboTax Stops Processing State Tax Returns on Fraud Reports

 

By THE ASSOCIATED PRESS 11:55 AM ET

 

TurboTax, the country's most popular do-it-yourself tax preparation software, said Friday that it has temporarily stopped processing state tax returns because of an increase in fraudulent filings.

 

froman-intv-thumbStandard.jpg

10 Questions for President Obama’s Trade Negotiator

 

By JOHN HARWOOD 2:36 PM ET

 

A conversation with Michael B. Froman, who is negotiating the Trans-Pacific Partnership, a trade pact between the United States and a dozen countries.

 

 

05WATCHING-pascal-thumbStandard.jpg

Amy Pascal Lands in Sony’s Outbox

 

By MICHAEL CIEPLY and BROOKS BARNES

 

Ms. Pascal, who was embroiled in a hacking scandal in which her email was leaked, will leave her post as the top executive at Sony Pictures Entertainment.

 

06disney-web-thumbStandard.jpg

Disney’s Head of Parks Is Named to No. 2 Spot

 

By BROOKS BARNES

 

Thomas O. Staggs will spend the next three years proving himself to Disney’s board, which has been acutely focused on a careful transfer of power.

 

Pandora Readies Fight Against BMI’s Royalty Claims

 

By BEN SISARIO 12:37 PM ET

 

The music-streaming service is being sued by BMI, a giant licensing agency, which wants a higher cut of Pandora’s revenue. The trial begins next week.

 

 

 

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

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

Osborne accused of buying pensioner vote with generous bonds

 

Chancellor's extension of pensioner bond scheme slammed as electoral bribe for over-65s

 

 

Airlines defy Supreme Court and refuse to pay £50m delay compensation to holidaymakers

 

 

 

 

Blow for small firms demanding bank redress

 

 

 

 

Wall Street storms UK peer-to-peer lending groups

 

 

 

 

US jobs market 'on fire' as growth hits 17-year high

 

 

 

 

Greek debt showdown looms as creditors rule out bridging loan

 

 

 

 

Asda chief executive Andy Clarke says Sunday trading laws are 'fundamentally wrong'

 

 

 

 

US creates 257,000 jobs as labour market shows signs of recovery

 

 

 

 

UK trade deficit widens to £34.8bn - the highest figure since 2010

 

 

 

 

European Central Bank agrees €60bn emergency liquidity assistance for Greek banks

 

 

 

The retail giants of yesteryear have fallen - but cheering feels wrong

 

Global Outlook

 

BT could have been a dull utility but after this week, the sky’s the limit

 

 

 

 

Mark Leftly: Who is in the MoD's sights to equip our armed forces?

 

 

 

 

Mark Leftly: They gave the watchdog power to probe supermarkets. Shame they forgot the teeth

 

 

 

 

James Moore: FCA's white knights idea has some grey areas

 

 

 

 

James Moore: Super-competitive Sky worth keeping an eye on

 

 

 

 

James Moore: Be warned. When it comes to austerity and cuts, we ain't seen nothing yet

 

 

 

 

James Moore: Icap fights back at EU, but at what cost?

 

 

 

 

James Moore: Rupert Murdoch's off the hook as Wall Street moves on

 

 

 

 

James Moore: Tesco's golden goodbyes leave the firm with yet more egg on its face

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

Best party mood for oil traders since 2008 price crash

 

8:37pm GMT

 

U.S. scrutiny of Barclays and UBS widens forex trading probe - FT

 

7:23pm GMT

 

Greek PM Tsipras sets up another EU clash, refuses bailout extension

 

World, 7:08pm GMT

 

Greek finance minister says euro will collapse if Greece exits

 

World 7:08pm GMT

 

Warren Buffet faces pressure for more disclosure - FT

 

7:00pm GMT

 

Greek standoff with Euro zone a risk to Britain's economy - Osborne

 

UK, G20 6:39pm GMT

 

U.S. urges Euro zone leaders to compromise with Athens - FT

 

World 6:32pm GMT

 

G20, EU leaders meet in a week to mend Greece

 

G20 6:28pm GMT

 

Spurring growth centre stage as finance chiefs meet in Istanbul

 

G20 6:06pm GMT

 

Osborne criticised for extending 'pensioner bonds' ahead of vote

 

UK 5:40pm GMT

 

France asks EDF for tax transparency in overseas operations

 

5:08pm GMT

 

Russia lists 199 key firms eligible for state support amid crisis

 

4:12pm GMT

 

G20 finance chiefs to focus on fewer growth priorities

 

G20 3:08pm GMT

 

Analysis - Election-nervous politicians shout down IAG's Aer Lingus bid

 

Aerospace & Defence 2:47pm GMT

 

Analysis: Oil company CEOs likely to avoid big hit to compensation – for now

 

1:26pm GMT

 

Insight - Ethiopia bets on grand projects in drive for industrial power

 

Special Reports 1:09pm GMT

 

Bumpy stock market leads to surprise drop in hedging with VIX options

 

12:29pm GMT

 

Austrian chancellor says Merkel's economic policy too timid - Kurier

 

12:26pm GMT

 

National Bank of Greece CEO says he and chairman to step down

 

World 12:23pm GMT

 

Gulf institutional funds favour Japan, Asia, shun Europe - Pictet

 

Japan 12:10pm GMT

 

China's imports slump, capping dismal Jan trade performance

 

6:09am GMT

 

Currency-hedged ETFs in vogue as investors clamour for more

 

Oil price fall exacerbated by hedging, energy firms' debt - BIS

 

07 Feb 2015

 

Swiss banker arrested in Germany over U.S. tax case: lawyer

 

07 Feb 2015

 

Greece says has no cash problem, to present plan next week

 

07 Feb 2015

 

John Whitehead, former leader of Goldman Sachs, dies at 92

 

07 Feb 2015

 

Dassault says close to signing first Rafale export deal - Le Figaro

 

Aerospace & Defence, Middle East 07 Feb 2015

 

Porsche to recall 14,571 cars in China due to camshaft defect

 

07 Feb 2015

 

Central bank raises Italy growth forecasts

 

07 Feb 2015

 

Ford to roll out six new models in Russia in 2015 - CEO in magazine

 

07 Feb 2015

 

Different delivery, one message to Greece's new leaders

 

07 Feb 2015

 

Germany's Fraport expects Greece to honour airport deal

 

07 Feb 2015

 

State intervention could help Italy banks offload bad debts - BOI

 

07 Feb 2015

 

Global forex rules update warns banks on "last look" practice

 

FXpert 07 Feb 2015

 

Volkswagen will close no factories in cost-cutting drive - CEO in paper

 

07 Feb 2015

 

SNB will be active in forex market if needed - Jordan

 

FXpert 07 Feb 2015

 

India says to inject 721.5 million pounds into nine state-run banks

 

07 Feb 2015

 

Cross-border lending on the mend in the euro zone

 

Spain 07 Feb 2015

 

Greece must present plans soon to avoid contagion - Buba vice president

 

07 Feb 2015

 

Carige CEO says has had no contacts with potential investors for stake in bank

 

07 Feb 2015

 

Intesa Sanpaolo top executive denies press talk of interest in Carige

 

07 Feb 2015

 

China uncovers power abuses, nepotism at Sinopec

 

07 Feb 2015

 

Greece isolated in Euro zone, ministers to meet Feb. 11 | btn_rel_video.gif

 

07 Feb 2015

 

Greece won't face cash crunch during talks with EU - finmin

 

07 Feb 2015

 

RadioShack would accept liquidation bids - lawyer

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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8 February 2015 Last updated at 21:00

 

 

Greece needs loan, not bailout - PM_80871036_80867590.jpg

 

Greece cannot service its huge debt and will seek a bridge loan rather than an extension of its bailout, Prime Minister Alexis Tsipras says.

 

 

_80869267_80869258.jpgHSBC 'helped clients dodge tax' New

 

HSBC, Britain's biggest bank, helped wealthy clients cheat the UK out of millions of pounds in tax, thousands of documents seen by BBC Panorama show.

 

 

_80867875_80863335.jpgPensioner bonds deadline extended

 

Chancellor George Osborne says a pensioner bond scheme offering up to 4% interest will be extended to May due to its "enormous popularity". 712

 

 

 

Other Top Stories

 

 

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

Welcome to Facebook Town

 

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If you think you spend too much time on Facebook - now you can live there

1 Comment Britain faces £200bn oil loss

 

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RBS to spend £1.5bn carving off 'challenger bank' Williams & Glyn

 

Costly separation of 314 branches under EU orders comes ahead of 2016 float

27 Comments

This time Saatchi & Saatchi won’t be backing Labour at the election

 

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The chief executive of Saatchi & Saatchi is predicting an “incredibly low turnout” and a wipeout for the Liberal Democrats, whom he believes will “go into obsolescence”

41 Comments

Kuoni tour operations eyed by Emirates group

 

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Exclusive: Private equity group formerly known as Isis injects millions into family-run holiday homes business

2 Comments

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The rise of the staycation: more Brits holidaying at home

 

Prevailing recessionary mindsets are encouraging British vacationers to take their holidays in England rather than abroad

18 Comments

Why you shouldn't bet on a rate rise this year

 

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Low inflation and possibility of falling prices to keep interest rates on hold in the near term, but Bank of England could warn that rates could rise sooner than market expectations of summer 2016

59 Comments

Tide power scheme to deliver £200m boost to UK industry

 

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Project to generate electricity from tides in Swansea Bay set to announce builder of huge turbines

47 Comments

We're taking customers from McDonald's, says healthy fast food boss

 

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Queues form around the block for Wrap It Up!'s 'natural' fast food as consumers spurn traditional chains

4 Comments

Rolls-Royce investors brace for profits nose-dive at annual results

 

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After a year which has seen Rolls-Royce issue three profit warnings and announce 2,600 job cuts, shareholders are braced for the worst at its results

 

Despite the boasts, UK is bottom on deficit reduction

 

The hidden risks of adopting a cosy approach to investment

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

Greek Austerity Spawns Fakery: Playing Nurse

 

By DANNY HAKIM

 

 

When patients go to a hospital in Greece, they often must hire their own nurses just to receive basic care, and many of those nurses are untrained and illegal.

 

 

 

 

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Eirini Vourloumis for The New York Times

 

Fotini Katsigianni, right, said men had tried to sell nursing services to her.

 

 

 

 

 

 

 

 

 

 

 

Towers of Secrecy

 

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Stream of Foreign Wealth Flows to Elite New York Real Estate

 

By LOUISE STORY and STEPHANIE SAUL

 

Shell companies are used to shield the identities of buyers in the competition to secure condos at the Time Warner Center and other high-end buildings. This is the first installment in a five-part series.

 

 

 

 

 

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The First Bank of Bud

 

By MATT RICHTEL

 

A new credit union wants to serve the banking needs of Colorado’s legal marijuana businesses. The only problem? The federal government needs to sign off.

 

 

 

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Knee Replacement Device Unapproved, but Used in Surgery

 

By MARSHALL ALLEN and OLGA PIERCE

 

The maker of the OtisKnee surgical guides started selling them before seeking clearance from the Food and Drug Administration, which later rejected the application.

 

Vocations: The Assembly Line Worker

 

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Wheels for the Short Haul

 

By PATRICIA R. OLSEN

 

Ronald Dunbar, 65, a manufacturing operator for the Ames Companies, talks of his work on an assembly line that packs parts for wheelbarrows.

 

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Brian Williams, Under Scrutiny, Will Take Leave From ‘NBC Nightly News’

 

By EMILY STEEL

 

In a memo to the NBC News staff, Mr. Williams said that Lester Holt, the anchor for “Dateline,” would step in.

 

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Are C.E.O.s That Talented, or Just Lucky?

 

By ROBERT FRANK

 

Using the so-called Jed Clampett defense, Harold Hamm tried to persuade a judge he was less the astute businessman than the blessed beneficiary of surging oil prices.

 

Datapoints

 

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The Shrinking American Labor Union

 

 

While labor union participation in the public sector has held relatively steady in the last three decades, it has fallen significantly in the private sector, for a number of reasons.

 

The Upshot

 

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The Near Death, and Revival, of Monticello

 

By MICHAEL BESCHLOSS

 

Monticello’s uncertain fate after Jefferson’s death illustrates some of the dangers of leaving a national treasure to the vagaries of the private real estate marketplace.

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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