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      FTSE 100 Live: Stocks to gain; oil steadies as Democrats push to end Iran war

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Business

  • Former chiefs of UK’s nuclear body launch legal action over Magnox fiasco

    January 5, 2019

    The former bosses of the UK’s nuclear body are caught in a legal battle over an investigation into the botched handling of the Magnox nuclear decommissioning contract. The former chairman of the Nuclear Decommissioning Authority (NDA) Stephen Henwood and the organisation’s former chief executive John Clarke are trying to block the publication of a critical [...]

  • Iran says it has found new ‘potential’ oil buyers despite US sanctions

    January 5, 2019

    Iran is hunting for new buyers for oil after all of the countries that were granted waivers from the US to continue importing have instead complied with sanctions. The US withdrew from a nuclear deal with Iran last year and imposed sanctions on Iran’s oil and banking industry, however it allowed eight countries, including China, India, [...]

  • Heathrow proposes up to 25,000 more flights a year

    January 5, 2019

    Heathrow is planning to allow an extra 25,000 flights a year to increase capacity ahead of the opening of a third runway. Annual flight numbers could exceed 500,000 for the first time if the airport cancels the limit introduced as part of the planning permission for Heathrow’s Terminal 5 in 2001, the Times reported. During [...]

  • Donald Trump threatens to use executive power to build border wall as government shutdown talks continue

    January 5, 2019

    US President Donald Trump has threatened to use his executive powers to force through his proposal for a border wall between the United States and Mexico with the government still in shutdown.  A meeting will take place this weekend between a team of Democrats and trio of Republicans led by vice-president Mike Pence as they look [...]

  • Chipotle to open second restaurant in the City of London

    January 5, 2019

    US fast food chain Chipotle is opening its second City of London branch next week. The restaurant in King William Street, near Monument station, will begin serving on Monday. The chain, which serves Mexican style food, already has a branch in the Square Mile at London Wall, as well as seven others in London including locations [...]

  • US jobs growth exceeds expectations and eases market fears

    January 5, 2019

    US jobs growth increased at a higher rate than expected in December according to the latest data, as employers hired the most workers for 10 months and wages also rose. The increase of 312,000 jobs to the economy last month exceeded economists' expectations of 177,000, according to Reuters.  The average hourly wage also rose by 3.2 per cent, its highest [...]

  • Ryanair named ‘worst short-haul airline’ for sixth year in a row

    January 5, 2019

    Ryanair has been named the UK’s worst short-haul airline for the sixth year in the row. A passenger survey, carried out by Which, put the Irish budget airline at the bottom of 19 carriers flying from the UK. Ryanair achieved a customer score of 40 per cent compared to a 63 per cent score for [...]

  • Government considers expanding drone exclusion zone around airports after Gatwick chaos

    January 5, 2019

    The government will consider expanding the drone exclusion zone around UK airports from 1km to 5km in the wake of the disruption at Gatwick Airport just before Christmas. The use of unmanned aerial vehicles is set to be further restricted following a consultation on drones, to which the government will issue a response before the end of [...]

  • US Federal Reserve chairman Jerome Powell says he would refuse to step down if asked to by Trump

    January 4, 2019

    US Federal Reserve chairman Jerome Powell has said he will not resign even if he is asked to by president Donald Trump. Powell responded “no” when asked whether he would resign if asked by the president at the American Economic Association’s annual meeting, CNBC reported. Powell was appointed by Trump, however the president has become [...]

  • Cars, lorries and taxis to be banned from Tottenham Court Road as part of £35m revamp

    January 4, 2019

    Cars, lorries and taxis will be banned from Tottenham Court Road as part of a £35m project to improve the West End. The road will be open to buses and bikes only between 8am and 7pm, Monday to Saturday, in a bid to reduce congestion and air pollution and speed up bus routes. The changes, [...]

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