Tit-for-tat Trump tariffs to take trans-Pacific trade toll September 18, 2018 The trade war between the US and China escalated today as the world’s two largest economies imposed tit-for-tat tariffs on goods worth hundreds of billions of dollars. The Chinese commerce ministry said it had to retaliate against America's decision to levy 10 per cent tariffs on $200bn (£150bn) worth of Chinese goods from 24 September [...]
Royal Bank of Scotland testing new Natwest digital business banking platform September 18, 2018 Royal Bank of Scotland (RBS) has started testing a new business banking platform alongside a separate digital retail bank. The platform, which is being run under the Natwest brand, is in very early-stage tests with a small number of small businesses. The business bank tests are running alongside a separate retail banking offering in development, [...]
Royal Bank of Scotland testing new Natwest digital business banking platform September 18, 2018 Royal Bank of Scotland (RBS) has started testing a new business banking platform alongside a separate digital retail bank. The platform, which is being run under the Natwest brand, is in very early-stage tests with a small number of small businesses. The business bank tests are running alongside a separate retail banking offering in development, [...]
Paragon share price jumps as loan sale pushes up profits amid strong buy-to-let pipeline September 18, 2018 Challenger bank Paragon today announced a "reverse profit warning" after it sold a portfolio of loans, while it also sees a strong pipeline of buy-to-let loans. In an unscheduled trading update published today, Paragon said the premium for which it sold the assets will have a positive impact of seven pence per share on final [...]
Paragon share price jumps as loan sale pushes up profits amid strong buy-to-let pipeline September 18, 2018 Challenger bank Paragon today announced a "reverse profit warning" after it sold a portfolio of loans, while it also sees a strong pipeline of buy-to-let loans. In an unscheduled trading update published today, Paragon said the premium for which it sold the assets will have a positive impact of seven pence per share on final [...]
Business groups welcome call for end to high-skilled cap but concerned on lower-skilled limits September 18, 2018 Business groups today welcomed recommendations to scrap a cap on high-skilled workers in a major report commissioned by the government, but expressed serious concerns over the call for a limit on lower-skilled workers. Jane Gratton, head of business environment and skills at the British Chambers of Commerce, said: “From the perspective of businesses facing severe [...]
Business groups welcome call for end to high-skilled cap but concerned on lower-skilled limits September 18, 2018 Business groups today welcomed recommendations to scrap a cap on high-skilled workers in a major report commissioned by the government, but expressed serious concerns over the call for a limit on lower-skilled workers. Jane Gratton, head of business environment and skills at the British Chambers of Commerce, said: “From the perspective of businesses facing severe [...]
Major report recommends end to migration cap for highly skilled workers September 18, 2018 The government should make it easier for highly skilled workers to come to the UK, according to a major report from an independent committee tasked with examining the migration system. Reforms proposed by the Migration Advisory Committee (Mac) include abolishing caps on tier 2 visas for high- and medium-skilled workers, and streamlining the application system. [...]
Major report recommends end to migration cap for highly skilled workers September 18, 2018 The government should make it easier for highly skilled workers to come to the UK, according to a major report from an independent committee tasked with examining the migration system. Reforms proposed by the Migration Advisory Committee (Mac) include abolishing caps on tier 2 visas for high- and medium-skilled workers, and streamlining the application system. [...]
Crispin Odey makes hurried correction to report he wants to enter British politics September 17, 2018 Prominent hedge fund manager Crispin Odey today issued a hurried denial that he intends to swap the world of high finance for front-line politics after a report that he was considering trying for public office. Odey, founder of Odey Asset Management, was reported by Financial News to have expressed an interest in entering political life, [...]
