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Markets & Economics

  • Netflix to debut in Italy and Portugal in October

    June 6, 2015

    Netflix is to take to the stage in Italy and Portugal this October, to add to the more than 50 countries where it is already available. In an announcement this Saturday in California Netflix made the big reveal, just days after it announced the service would soon be available in Spain. In March, the company [...]

  • Greek Prime Minister adopts defiant line on creditor negotiations

    June 5, 2015

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  • Tesco: What assets has it sold off and what’s heading to the checkout as billion-pound South Korea sale considered?

    June 5, 2015

    Streamlining, belt tightening, slimming down: call it what you will, but Tesco assets are making their way through the checkout at a swift pace, as the troubled supermarket attempts to raise funds for its turnaround. The latest item heading for the bagging area after reporting its biggest ever loss, is part of its large and [...]

  • Merlin Entertainment share price falls after it closes four rides

    June 5, 2015

    Shares in Merlin Entertainments fell 1.2 per cent to 5.5 p in late afternoon trade after it announced the closure of four rides following an accident earlier this week. The theme park owner said today that Saw at Thorpe Park, The Smiler at Alton Towers, as well as Dragon's Fury and Rattlesnake at Chessington World [...]

  • Non-farm payroll: US jobs in biggest jump this year

    June 5, 2015

    After weeks of disappointing economic figures, there's finally a glimmer of hope for the US economy: non-farm payroll figures out today showed the number of job openings jumped by 280,000 in May. That's up from 221,000 in April – and the best figure this year.  Read more: Stephanie Flanders – Can a currency save an [...]

  • Hanging on the telephone: Greek Prime Minister Alexis Tsipras arranges call with Vladimir Putin

    June 5, 2015

    As the chances of Greece ever unlocking that €7.2bn emergency loan look increasingly bleak, the country's embattled Prime Minister, Alexis Tsipras, has taken a step towards a decidedly nuclear option. The FT reported that Tsipras has arranged a call with Russian President Vladimir Putin later today. Apparently there isn't much information on what will be discussed – [...]

  • A room with a view? A house in a national park could cost you 93 per cent more than the average

    June 5, 2015

    How much would you pay for a room with a view? House prices in Britain’s national parks and areas of outstanding natural beauty (AONB) are commanding up to 125 per cent more than the average house price in their host counties, according to research from Knight Frank. In 10 of the country’s 13 national parks, [...]

  • Morrisons is the only big four grocer “currently on right track”, says Nielsen

    June 5, 2015

    Morrisons waits for good news for months and then three come along at once.    The supermarket – which has, until now, been one of the more unloved – has already had one set of figures prove it's the only one of the big four in growth, which in turn prompted a share price rally, [...]

  • Student Adam Armstrong changed his name rather than pay £220 Ryanair fees after booking error

    June 5, 2015

    Something must be rotten in the state of Ryanair when it turns out to be cheaper to change your name and buy a new passport than get the airline to correct a mistake on a ticket.    But that is precisely what happened to Adam West – nee Armstrong.  He was facing a charge of [...]

  • Fears for UK economic recovery as slowing job growth puts more pressure on the service sector

    June 5, 2015

    Not great news for the UK's jobs market: research from REC and KPMG has revealed that the rate of hiring had slowed to a four-month low, with the bullish service sector carrying the majority of the load. The data comes just two days after a report showed growth in the UK’s service sector slowed at [...]

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