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Lastest Finance News

Why Investors are Upset About Unilever Move

4th October 2018

Investors are upset over the plans to move Unilever’s HQ, in what they see as a ‘takeover’ of the company which will leave them not receiving compensation for the change. ... Read More

FTSE 100 Gains as Carney Hints at Rate Hike

3rd October 2018

The UK’s leading index gained 19 points, up to 7,303, as BoE governor Mark Carney warned on the potential impact of Brexit. Carney hinted that if the UK leaves the EU without securing a deal, rates may need to rise. ... Read More

FTSE Declines as Pound Gains

30th September 2018

The FTSE 100 closed lower slightly, as the Bank of England opted to keep interest rates on hold, and the pound showed some strength against the dollar. ... Read More

No Deal Brexit Could Hold up Food at Borders

29th September 2018

Food and livestock could be delayed at borders in the UK if a no-deal Brexit occurs, warns the National Audit Office. ... Read More

FTSE Knocked By Pound Boost

27th September 2018

The FTSE 100 slipped slightly on Wednesday as the pound benefited from a boost following Brexit deal rumors. The pound has taken a beating over the last few weeks, but it recently recovered, gaining 1% against the dollar, and 0.5 % against the Euro. ... Read More

FTSE Held Back By Trade Fears

27th September 2018

The FTSE 100 rose by just three points during the early hours of trading this morning, with trade fears holding back profits on the index. ... Read More

FTSE 100 Set to Stay Unchanged

25th September 2018

For the first time in twelve years, the FTSE 100 is set to remain unchanged during the next quarterly reshuffle. The UK’s leading index gets re-evaluated on a quarterly basis. The FTSE 100 is a list of the 100 biggest companies listed on the London Stock Exchange based on market capitalization, with the FTSE 250 being the 250 next biggest companies. ... Read More

WPP In Talks over Executive Pay

24th September 2018

WPP is understood to be in talks with Mark Read over a 7 million pay package. The package would be half of what former chief Martin Sorrell earned during his last full year as leader of the company. ... Read More

Rightmove Set for Relegation From FTSE 100

19th September 2018

The next FTSE 100 reshuffle is set to take place on September 24, and it will be based on share prices as of the close of trading on Tuesday. A few companies with the potential to be relegated from the FTSE 100, assuming that there is not a massive change in market capitalization over the next couple of sessions, are Marks & Spencer, Royal Mail, and Rightmove. ... Read More

Crypto Firm Granted Insurance Through Lloyds of London

19th September 2018

As the FTSE 100 ended last week on a positive note, perhaps the big news of the week was that Lloyds of London had granted insurance for a crypto storage firm. The move was noteworthy because it marked a change from past reluctance by insurance firms to offer coverage for the digital currency sector - one which is traditionally volatile. ... Read More

Merger Between SSE and Npower Greenlit

16th September 2018

A planned £3 billion merger between SSE and NPower has been given the provisional go-ahead by the competition watchdog. The merger would create a new energy giant that has 11.5 million customers. ... Read More

UK Food Prices to Rise for First Time in Five Years

14th September 2018

Food prices in Britain have increased for the first time in more than five years, after the summer heat wave pushed up the price of fruit and veg. ... Read More

Right Move Could Be Set to Fall Out of FTSE 100

14th September 2018

The next FTSE 100 reshuffle is due to happen shortly, and it appears that Rightmove could be one of the next companies to drop out of the UK’s leading index. The reassessment will evaluate which companies should be in the top flight, based on their market capitalization at the close of trading on the deadline. ... Read More

No Deal Brexit Fears Dampen Economy

12th September 2018

The fear of a no-deal Brexit is dampening the economy and turning up the heat on household finances. GDP growth had picked up over the second quarter of this year, but it is set to slow down again now, as fears of a Brexit-induced slowdown surface. ... Read More

FTSE Clings to Gains as US Near Record Highs

12th September 2018

The US Markets are expected to open close to Monday’s record highs, thanks to a breakthrough in the US-Mexico trade negotiations. ... Read More

Payday Lender Wonga on Brink of Collapse

5th September 2018

Payday loan company Wonga says that it is being forced to consider all options, after recent reports suggest that it is on the brink of collapse. The company has faced a surge in compensation claims, following the government’s clampdown on Payday loan companies. ... Read More

Scottish Retailers Calling for Tax Breaks

5th September 2018

Retailers in Scotland have come together to call for tax breaks to help offset the decline of the industry. The Scottish Retail Consortium says that a combination of increasing costs, pressure on household budgets, and the rise of online shopping has put pressure on the industry. ... Read More

FTSE Flat in Run Up to Bank Holiday Weekend

2nd September 2018

The FTSE 100 got off to a muted start in the run up to the bank holiday weekend, with one of the few strong performers being Antofagasta. Meanwhile, housebuilders saw their shares fall during the early part of the trading session. ... Read More

Crackdown on Pension Funds to Protect Investors

2nd September 2018

Bosses could face fines if they fail to perform their legal duties and honour the rights of their workers when it comes to pension savings. ... Read More

Ryanair Looking to Reach Deal With Pilots Union

31st August 2018

Industrial action by pilots and crew has resulted in hundreds of Ryanair flights being cancelled this summer, causing chaos for holidaymakers. ... Read More

Countrywide Scraps Boss Pay Plan After Investor Revolt

30th August 2018

Estate agency group countrywide has scrapped its bosses’ £20 million pay plan, following an investor revolt. The estate agent group, which operates around 50 different brand names, and employs more than 10,000 staff, asked investors for £140 million in emergency funds to shore it up as it faces increasing debts. ... Read More

BHP Billiton Warns Over Trump and The World Economy

30th August 2018

The FTSE 100 bucked the trend of the European and US markets last night, ending the day down as the strong pound hampered the UK’s leading index. Meanwhile, the FTSE 250, a more domestically focused index, added more than 111 points. ... Read More

Mullberry Takes Hit After House of Fraser Collapse

29th August 2018

Shares in the luxury handbag manufacturer Mullberry have fallen by 30% after the company said that it would be setting aside £3 million to cover the potential cost of the collapse of House of Fraser. The company warned that its full-year profits could be down if the difficult trading conditions in the UK continue. ... Read More

Tesco Planning Aldi-Style Discount Chain

28th August 2018

Tesco is reportedly planning to open an Aldi-style discount chain called Jack’s, in a bid to revitalise the company’s brand. The company plans to convert up to 60 of its current or mothballed stores into the new format, which could (if the rumors are true) be named Jack’s after the founder of the company, Jack Cohen. ... Read More

FTSE Slips For Fifth Consecutive Day

28th August 2018

The FTSE 100 fell for the 5th day in a row, as copper prices also declined and an emerging markets sell-off continued. ... Read More

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