EasyJet share price on track for biggest rise in two years as summer success lifts full-year expectations September 3, 2015 A record number of passengers and cheap fuel prices have offset difficulties faced by the low-cost airline earlier in the year. The figures Budget airline EasyJet has said it carried a total of 7.1m passengers in August – a one-month record for the company. Similarly, the proportion of seats occupied on flights reached an all-time [...]
China has unveiled its deadly ballistic missile at its Victory Day Parade September 3, 2015 Today, China unveiled its “carrier killer” at its Victory Day Parade – a powerful ballistic missile the world has been awaiting see for the last four years. Read more: $16,000: The amount it costs to get one person into the Chinese army Called the Dongfeng (East Wind) 21-D, the weapon is one of the [...]
Northern Powerhouse: Foreign investors already know there are better opportunities in the North of England – now it’s time for Londoners to wake up to reality September 3, 2015 Any wise investor, entrepreneur or business leader knows that along with good ideas, capital constitutes the building blocks of economic growth. This means, of course, that an area needs plenty of financial capital to progress. But there are many different types of capital, and in the UK over the last 40 years there has [...]
China’s economic slowdown: IMF warns central banks not to raise interest rates September 3, 2015 The IMF has warned the world's biggest economies not to raise their interest rates in the near future, as China's economic struggle could have far-reaching consequences. In a pessimistic report released last night, the international lender said the risk of a global slowdown was increasing, and that in most cases economies are falling short [...]
Your back to school lunchbox: This is what you should be eating to stay healthy and energised at work September 3, 2015 NULL
China markets make swift recovery from low open, indicating possibility of state-backed buying September 2, 2015 After a steep fall at the start of trading, Chinese markets made a rapid recovery, with the Shanghai Composite finishing just 0.2 per cent down, while the Shenzhen Composite ended just under two per cent lower. Meanwhile, the FTSE 100 opened slightly higher, rising 0.7 per cent to 6,100 points in early trading. [...]
Halfords share price plummets on poor summer bike sales September 2, 2015 Shares in car and bike maintenance retailer Halfords fell more than 7.7 per cent to 470.6p in early trading, after this summer's soggy weather hit its bicycle sales. The figures Like-for-like sales at the company dropped 1.3 per cent in the eight weeks to the end of August – although for cycling specifically the fall was 11 [...]
Over a quarter of people alive today will reach their 90th birthday September 1, 2015 Over a quarter of people alive in the UK today will live long enough to celebrate their 90th birthday, according to figures published today by the Office for National Statistics (ONS). Read more: Women's life expectancy has fallen – is it because they're taking up "male" habits? During the last 100 years, life expectancy [...]
FTSE closes three per cent lower as China outlook worsens September 1, 2015 The FTSE 100 closed more than three per cent lower, at 6,058 points, after another day of weak economic data from both China and Europe. Other European markets followed suit, with both the Cac and the Dax finishing 2.4 per cent lower. Meanwhile, US stocks also dropped, with the S&P 500 and the Dow [...]
Lee Rochford stands down as chief financial officer of Virgin Money September 1, 2015 Lee Rochford has resigned from his role as chief financial officer of Virgin Money, the company announced today. Read more: Virgin Money IPO: Jayne-Anne Gadhia to get £1m bonus, but misses a bigger payout on low valuation His permanent replacement has not yet been decided, but Dave Dyer, currently strategy director of the firm, [...]