BLACKROCK chief executive Larry Fink weighed in on the UK’s grim savings outlook yesterday, suggesting the government make pensions saving compulsory, removing the option for workers to opt out of schemes.
AMERICA’S economic prospects were dealt a blow yesterday as three separate sets of data pointed to a stuttering recovery.
A widely-regarded measure of the US service sector plummeted to reveal the slowest rate of growth for four years.
MELROSE Industries’ share price plunged over eight per cent yesterday, after the engineering buyout firm warned that sales growth in 2014 would not be easy to achieve, due to challenging market conditions.
THE CO-OPERATIVE Group is to double the number of convenience stores to around 4,000 in the next five years as it fights back against growing competition from other major rivals piling into the convenience sector.
THE BANK of England is almost certain to keep interest rates at their historic low of 0.5 per cent today – yet with lenders increasingly expecting a rise to come within the next year, rates on mortgages and credit card are creeping upwards.
THE UK’S top share index fell again yesterday after rebounding from two-week lows in the previous session, with updates from some companies disappointing investors and tensions over Ukraine weighing on sentiment.
THE S&P 500 finished almost flat yesterday, a day after closing at an all-time high, as investors shrugged off soft data on jobs and the services sector while keeping an eye on developments in Ukraine.
One glance at Roy Hodgson should tell you that the England football manager is no slave to fashion. Yet statistical analysis of his latest squad selection suggests some players at less glamorous clubs might be being unfairly overlooked.
Last night, a Newsnight report claimed the publication of a much-anticipated cross-governmental report on immigration has been put off by Downing Street, because it points to immigration having a smaller impact than the government claims.
Things have calmed down a bit today. European bourses have steadied, as Washington and Moscow meet for talks over Ukraine, and it looks like the S&P 500 will open flat to slightly lower, following yesterday's record high.
Lonmin said today that mediation talks between South Africa’s three largest platinum miners and the militant Association of Mineworkers and Construction Union (Amcu) have been suspended, as the respective parties’ positions are too far apart to wa