Oil prices plunge on disappointing economic data from China September 1, 2015 Oil's upward streak has come to an abrupt end, after the commodity was hit by disappointing manufacturing data released by China this morning. Read more: Oil prices jump more than 10 per cent in biggest one-day rally since 2009 In August, the world's second-largest economy experienced a contraction in its factory activity to 49.7 [...]
Farage: Ukip is launching its own anti-EU campaign, but won’t seek to be the official leader of the “no” movement September 1, 2015 Ukip is gearing up to launch its own anti-EU membership campaign, but the party won't seek designation as the official leader of the "no" movement. Read more: Ukip leader Nigel Farage gets tough on Brexit: “David Cameron’s attempts at renegotiation are embarrassing” In an interview with Radio 4's Today programme, party leader Nigel Farage [...]
Not sleeping enough? You’re four times more likely to catch a cold September 1, 2015 Always feeling run down and catching colds? It could be because you're not getting enough shut-eye. Read more: We're sleep-walking into mediocre careers – it's time to reassess our bedtime habits According to a new study published in the journal Sleep, being sleep-deprived seriously increases our chance of getting sick. Researchers at the [...]
China’s economic woes continue as factory activity contracts at fastest pace in three years September 1, 2015 Here we go again? Shares closed lower in China this morning, after manufacturing figures showed the sector in the world's second largest economy contracted last month at its fastest pace in three years. Read more: China warned: You don’t know what you’re doing The official purchasing manager's index (PMI) was 49.7 in August [...]
Nuclear deal won’t hinder Iran’s military capabilities, says President Hassan Rouhani August 29, 2015 Iran's military capability is no weaker as a result of signing a nuclear deal with western nations, President Hassan Rouhani said on Iranian state television today. Read more: Royal Dutch Shell opens talks with Iran by promising $2bn debt repayment In response to criticism from some Iranian hardliners that he bowed down too easily [...]
News UK is “discussing” appointing Rebekah Brooks as chief executive August 29, 2015 Rebekah Brooks could soon return to work at News Corp, this time as chief executive of News UK. Read more: Rupert Murdoch's News Corp sales fall short of expectations The former News of the World editor resigned from the organisation four years ago amid the phone hacking scandal, but was cleared of all charges [...]
HSBC sorts computer glitch and completes all delayed payments August 29, 2015 HSBC announced today that it has sorted out the computer glitch that resulted in 275,000 payments being delayed yesterday. The bank, which suffered a problem with its BACS payment system, left thousands of customers worrying that they would have no money over the Bank Holiday weekend. Those affected included HSBC account holders expecting [...]
Women out-earn men in their 20s, but the situation quickly reverses when they hit 30 August 29, 2015 Straight out of university, women can expect to earn bigger salaries than their male friends, according to new figures released by the Press Association (PA). Read more: Gender pay gap: About time to name and shame businesses who don't promote women In fact, when both sexes are aged between 22 and 29, females will receive [...]
National Living Wage will “destroy jobs”, says ex-Sainsbury’s boss Justin King August 29, 2015 Justin King, former chief executive of Sainsbury's, has described the National Living Wage as “ludicrous”, and claims it will “destroy jobs”. Read more: July Budget 2015: Will George Osborne’s new national living wage hit the number of people in work? During a discussion on BBC Radio 4's The New Workplace, due to be aired at [...]
These are the 10 firms people most want to work for when they leave the City August 28, 2015 Where do most City employees want to work when they leave the Square Mile? According to a new report by Escape the City, a recruitment service for those looking to change career path, there are 10 firms they really have their eyes on. Read more: Escaping the City: Thousands of people are starting to leave [...]