Four of Donald Trump’s New Year resolutions on the economy December 28, 2016 Predicting the future is hard. Predicting what US President-elect Donald Trump will do is potentially harder. Trump's campaigning style might politely be characterised as "shoot from the hip", which makes it tricky to know what exactly he has planned for the world's largest economy. Luckily, the man who will be leader of the free world [...]
President-elect Donald Trump blasts outgoing President Obama and reaches out to Israel in latest Twitter outburst December 28, 2016 US President-elect Donald Trump has slammed outgoing President Obama on Twitter and told Israel to "stay strong" until his inauguration. Trump took to the social media site with his @realDonaldTrump account to blast what he called "the many inflammatory President O statements and roadblocks" – this time referring to Obama's recent action on Israel. Last Friday, the [...]
Co-op focuses on London and South East expansion as it sets its sights on 100 new store openings next year December 28, 2016 The Co-operative Group is planning to spend £70m to open 100 new stores across the UK in 2017, creating around 1,500 new jobs. The supermarket has said the new Co-op convenience outlets will be predominantly based in London and the South East, with other stores in Yorkshire, Scotland and Wales. Read more: Co-operative Group profit [...]
You’re signed up now: Five pieces of advice to help you get through Dry January December 28, 2016 It's the season of excess as we draw towards the end of the year and that means only one thing: Dry January is inching ever-closer. You've said you'll do it now – whether for charity or just your own challenge – so you can't back down and, let's face it, 31 days with no booze [...]
No Brexit effect on their business say UK managers – but watch out for the broader economy December 28, 2016 British managers are confident about their prospects for the next year, but think Brexit is going to dent the UK economy over the course of 2017, according to a poll. More than half of managers think their own business has a positive outlook for the next year, compared to only a quarter who think they [...]
Bad Christmas: Housebuilder share prices are falling December 28, 2016 Shares in the UK's largest housebuilders fell today, after a profit warning from one, as well as disappointing mortgage figures. Bovis was the biggest faller on the FTSE 250, with shares falling 4.8 per cent to 815.5p in lunchtime trading after it warned on profits, saying it expected to complete on fewer homes than anticipated [...]
Eight podcasts to make you better at your job December 28, 2016 There’s a podcast for everything, but not all programmes are created equal. Here are some of the best to download for your commute – and which could even make you better at your job. Planet Money A podcast about economics hardly sounds like it will set the world alight but this offering from America’s National [...]
From Brexit to Trump, interest rates to the steel crisis, these are the pictures that defined business in 2016 December 28, 2016 Let's face it, a lot's happened this year. 2016 was the year that brought us surprise, seismic political changes, pushed commodities markets through yet more turbulence and took down another stalwart of the British high street. @afneil If you're at a Quiz in the future and the question starts 'Which year did . . ' [...]
A sign of things to come? Mortgage approvals fall in November, although consumers are still borrowing at ultra-low rates December 28, 2016 Mortgage approvals are nine per cent lower than the same point last year, but UK consumers were still borrowing to power the economy in the five months after EU referendum. The number of house purchase mortgage approvals fell slightly in November to 40,659, down from 40,835 in October, according to the British Bankers’ Association (BBA), [...]
Failure to take off: Delta Air Lines ditches order for 18 Boeing Dreamliner 787s worth around $4bn December 28, 2016 US airline Delta has agreed to cancel an order for 18 Boeing 787 Dreamliner aircraft, which is valued at more than $4bn (£3.2bn) at current list prices. Delta assumed the deal as part of its merger with Northwest Airlines in 2008 (which set it back $2.6bn in shares), though in 2010 it deferred the order [...]