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.... They may not stay that way," he added. The pound has fallen by more than 15% against the dollar since the EU referendum. ... [Read full article on BBC ]
Wednesday 29th of March 2017 07:29:56 AM
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Latest Finance News related to EU Referendum

Markets 'shrug off' Article 50 letter image
Source : BBC [Read Article] Wednesday 29th of March 2017 07:29:56 AM
The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
.... It would be equally true to say that, in financial terms, a £20m fine will be lost in the wash of raw sewage. “Looking forward, the EU referendum has created uncertainty for the UK economic outlook and we remain cautious on the outlook for France,” says Véronique Laury, the chief executive of Kingfisher, which owns B&Q and Screwfix. ...
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
....2%. The higher-than-expected duty rise, coupled with increased costs for bottles, packaging and fuel because of the pound’s slump since the EU referendum, is understood to be behind the Heineken’s decision to ask for higher prices. ...
Screwfix boosts Kingfisher's profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 09:18:25 AM
....The DIY retailer also trades as Castorama and Brico Depot in France, where sales were much weaker. Despite the rise in profits, Ms Laury warned: "Looking forward, the EU referendum has created uncertainty for the UK economic outlook and we remain cautious on the outlook for France, especially in light of the forthcoming presidential elections. ...
UK wages will soon lag behind prices – will the Bank take action? | Larry Elliott image
....In truth, of course, Carney is more concerned about inflation than his apparent nonchalance would suggest. A combination of a rebound in oil prices and the fall in the pound since the EU referendum has resulted in a steady increase in inflation since the middle of last year, and there are more price rises in the pipeline. ...
London 'cheaper than New York or Tokyo' after pound's Brexit plunge image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:07 AM
....London has become the cheapest of the world’s major global centres, with the cost of living falling behind that of New York, Paris and Tokyo to its lowest level for two decades. The city’s tumble down the Economist Intelligence Unit (EIU) world rankings is almost entirely due to the Brexit-inspired 15% fall in the value of sterling since the EU referendum last year. ...
Jamie Oliver to launch new show as part of deal with Channel 4 image
Source : Guardian [Read Article] Monday 20th of March 2017 03:41:50 PM
....Oliver started his TV career at the BBC with The Naked Chef in 1999, before defecting to Channel 4 in 2002 to make Jamie’s Kitchen. He blamed lower footfall, the cost of staff training and the higher costs of importing luxury ingredients in a tough market following the EU referendum result for the recent closure of six Jamie’s Italian outlets which affected about 120 employees. ...
Article 50: Theresa May to trigger Brexit process next week image
Source : BBC [Read Article] Monday 20th of March 2017 11:39:42 AM
.... shatters beyond repair any notion or position that the Prime Minister is seeking a UK-wide agreement. "For nine months since the EU referendum, there has been no attempt by the UK government to seek a meaningful discussion or agreement with the devolved administrations. ...
US raises benchmark interest rate by 0.25% image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:29:37 PM
.... And yet among these three it is only the Federal Reserve in the US that has taken the anti-inflation step of raising its interest rates from record lows. In the UK, the Bank of England expects inflation to rise above the target due to the decline in the pound after the EU referendum. ...
The Scottish economy has strengths – but could it make a success of independence? | Larry Elliott image
....Convincing the Scottish people that they would be better off after independence proved beyond Alex Salmond in 2014. Project Fear failed to deliver for David Cameron in the EU referendum last June but it did the trick in Scotland 21 months earlier. ...
Brexit is about to get real. Yet we are nowhere near ready for it | Jonathan Freedland image
....This failure to wrestle with what’s coming goes wider. The public conversation since 23 June 2016 has barely differed from the debate before that date, each side – leave and remain – still refighting the EU referendum campaign, uncertain how to get out of the old groove. ...
Budget 2017: manifesto row clouds chancellor's attempt at low-key package image
....7bn stimulus to an economy Hammond said had continued to “confound the commentators with robust growth” but he hinted at further measures in the autumn statement. “The deficit is down but debt is still too high,” the chancellor said as he banked a one-off windfall from stronger-than-expected tax receipts since the EU referendum. ...
George Osborne to be paid £650,000 for working one day a week image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:34:36 PM
....He was criticised for taking the job earlier this year, because BlackRock may have benefited from reforms to pension rules made while he was chancellor. The Tory MP, who was sacked last July by the prime minister, Theresa May, following the EU referendum, will make the equivalent of £13,000 per day as an adviser to BlackRock, in addition to being eligible for share rewards. ...
Philip Hammond keeps his powder dry with a 'boring' budget | Larry Elliott image
....Given the government’s commanding lead in the opinion polls, only pronounced weakness in the economy would have forced Hammond to provide a major fiscal boost through tax cuts and spending increases. But growth has surprised on the upside since the EU referendum last June, with the result that the Office for Budget Responsibility has revised up its forecast for 2017 from 1. ...
Get ready for food inflation to take a bite out of growth | Vicky Pryce image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:37:50 PM
. The better-than-expected performance of the UK economy over 2016, particularly since the EU referendum, has been welcomed but is very unbalanced. ...
Foxtons sees property sales plunge as Brexit vote hits image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:06:35 AM
.... . "Last year's London property market was severely impacted by an unprecedented sequence of events with changes to stamp duty and the EU referendum vote leading to a substantial reduction in property sales transactions, especially in central London," said chief executive Nic Budden. ...
Vauxhall takeover: Peugeot boss says no plans to shut plants image
Source : BBC [Read Article] Tuesday 7th of March 2017 10:34:22 AM
....Mr Tavares painted a positive picture of the future for the merged company, suggesting sharing assets and expertise and introducing new internal benchmarking at Opel-Vauxhall would improve performance. He said that Opel-Vauxhall could have broken even last year if it had not been for the fall in the value of sterling following the EU referendum vote. ...
In the Vauxhall towns, workers view PSA takeover with unease image
Source : Guardian [Read Article] Monday 6th of March 2017 06:59:58 PM
Budget 2017: The misplaced confidence of the British consumer image
.... And it sums up one of the challenges facing the Chancellor, Philip Hammond, as he prepares for Wednesday's Budget. Consumer confidence appears to be rock-solid, defying gloomy pre-EU referendum predictions that people would rein in spending. ...
GM set to announce Opel and Vauxhall sale on Monday image
Source : BBC [Read Article] Sunday 5th of March 2017 12:03:33 PM
....The two companies already share some production and confirmed last month they were in talks. Opel had hoped to return to profitability by 2016, but the slide in sterling following the EU referendum last June contributed to its 257m euros annual loss. ...
Creative sector fills UK coffers as money pours into film and TV production image
....At a time when the British economy is looking for leadership, step forward Darth Vader, Adele and Queen Victoria. One of the reasons GDP growth has stayed robust since the EU referendum is the UK’s creative sector, which has produced buoyant box office receipts thanks to Star Wars, healthy sales of Adele’s latest album and global demand for homegrown TV productions such as Victoria. ...
LSE chief says he'll stay as EU looks set to block Deutsche Börse merger image
....The rationale for the “industry-defining” tie -up was as justifiable as when it was announced a year ago, Rolet said. Announced just months before the EU referendum, the third attempt at merger between the two exchanges was controversial from the outset as it gives Deutsche Börse 54% ownership of the enlarged business but puts its headquarters in London. ...
Unite blames Brexit as Ford prepares to cut 1,160 Welsh jobs image
Source : Guardian [Read Article] Wednesday 1st of March 2017 05:57:25 PM
....”. Sources familiar with the firm’s plans said the decision was not affected by Brexit, despite the fact that Ford has previously warned that the EU referendum decision could cost the company $1bn (£810m) and force it to cut costs. ...
Jaguar Land Rover pledges 'heart and soul' to UK as new model debuts in Solihull image
....”. The UK car industry backed the remain campaign in last year’s EU referendum, and has since warned that British manufacturing is at risk of “death by a thousand cuts” if companies choose to invest in other countries after the Brexit vote. ...
Primark still in fashion for UK shoppers image
Source : BBC [Read Article] Monday 27th of February 2017 12:53:09 PM
....However, the company warned the weak pound could squeeze margins at Primark, which accounts for about half its profits. Sterling has fallen 16% against the US dollar since the EU referendum last June and 10% against the euro, making imports to the UK more expensive. ...
Housebuilder Persimmon's profits rise amid 'confident' market image
Source : BBC [Read Article] Monday 27th of February 2017 08:32:01 AM
...."The UK new build housing market remains confident with customer demand for new homes supported by compelling mortgage products," the company said. However, it added that it remained "wary of the risks and increased uncertainties associated with the EU referendum result". ...
LSE/Deutsche Börse merger on brink of failure over EU demand image
Source : Guardian [Read Article] Monday 27th of February 2017 01:58:11 AM
....”. The deal has been controversial from the outset after it was announced just months before the EU referendum. ...
Chris Grayling tells Japan: some of our trains are superior to yours image
Source : Guardian [Read Article] Sunday 26th of February 2017 05:03:58 PM
....Japan’s investment in the UK also includes Hitachi Rail Europe’s £82m train manufacturing plant in Newton Aycliffe, County Durham. However, Hitachi chairman Hiroaki Nakanishi warned before June’s EU referendum that a Brexit vote could result in a reduction of investment and job losses at the Newton Aycliffe site. ...
City watchdog investigating HSBC over potential financial crime, bank reveals image
.... The dividend is held at 51 cents a share. But the bank’s shares, which have risen 55% since the EU referendum, endured one of their biggest one day falls since the depths of the banking crisis. ...
Is this the end of UK's retail boom? image
Source : Guardian [Read Article] Sunday 19th of February 2017 01:32:28 PM
....All things considered, it could hardly have gone better for Britain’s retailers in 2016. Shops and online outlets were fully braced for a big hit to activity in the period after the EU referendum but it didn’t happen. ...
UK enjoys record tourism as fall in pound boosts visitor numbers image
Source : Guardian [Read Article] Friday 17th of February 2017 05:58:19 PM
. Sterling’s slide since the EU referendum has lured bargain-hunting tourists to the UK, with overseas visitors hitting a record high last year. ...
The Unilever-Kraft Heinz takeover: the three key players image
Source : Guardian [Read Article] Friday 17th of February 2017 05:30:54 PM
....At the behest of UN secretary-general Ban Ki-moon, he agreed to be one of 27 members of the UN high-level panel of eminent persons on the post-2015 development agenda. The Dutchman has previously declared himself “ashamed” of the amount of money he earns – £8m last year – and attracted criticism for bemoaning his high pay after Unilever said it would be raising prices to offset the post-EU referendum fall in the pound. ...
Vauxhall's workforce highly valued, minister told by potential French buyer image
....GM said last year it had to raise UK car prices by 2. 5% after the plunge in the value of the pound after the EU referendum result caused the British car industry to hit a “speed bump”. ...
Microsoft raises prices of some PCs by up to £400 due to Brexit image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:26:41 AM
. Microsoft has increased the price of its Surface and Surface Book computers in the UK by more than 15%, or £400 for some models, due to sterling’s drop in the value post-EU referendum. ...
UK employment growth driven by foreign nationals, figures show image
Source : Guardian [Read Article] Wednesday 15th of February 2017 10:46:10 AM
....The figures are likely to be seized upon ahead of the Stoke-on-Trent and Copeland by-elections next week. Both constituencies voted decisively for Brexit in the EU referendum last June. ...
UK inflation is forecast to come in shy of Bank of England's 2 per cent target image
Source : Daily Express [Read Article] Tuesday 14th of February 2017 12:00:00 AM
....Kristin Forbes, one of the nine rate-setters on the Bank of England's Monetary Policy Committee (MPC), signalled on Tuesday that she was inching closer to voting for a rate rise after becoming increasingly "uncomfortable" with surging inflation given the economy's resilience since the Brexit vote. Ms Forbes, who is due to leave the Bank at the end of June, said growth had defied gloomy forecasts ahead of the EU referendum last June thanks to a "series of fortunate events" in the second half of 2016, which were set to keep supporting the economy. ...
UK house price growth has hit 14-month low, says Nationwide image
Source : Guardian [Read Article] Wednesday 1st of February 2017 09:06:31 AM
....Howard Archer, the chief UK economist at IHS Markit, said conditions for house buyers were likely to deteriorate progressively during 2017. Inflation has already started to rise as the impact of the sharp fall in the value of the pound since the EU referendum feeds through to prices. ...
Brexit: weak pound threatens craft beer revolution, say brewers image
Source : Guardian [Read Article] Monday 30th of January 2017 12:33:32 PM
....Hogg says Salcombe has begun buying more hops in advance to hedge against any further falls in the pound. Daniel Lowe, co-founder of London brewery Fourpure, took a different route, buying euros before the EU referendum to insulate the business against currency risk. ...
Young people optimistic about economy despite Brexit, says study image
Source : Guardian [Read Article] Monday 30th of January 2017 07:00:46 AM
....4% in November. The economy’s resilience has confounded forecasters, some of whom expected the UK would slip into recession following the shock outcome of the EU referendum last June. ...
UK manufacturers upbeat as weak pound boosts exports image
Source : Guardian [Read Article] Wednesday 25th of January 2017 12:38:03 PM
....”. Official figures due out on Thursday are likely to show that the economy continued to shrug off the impact of the EU referendum result during the final three months of 2016. ...
Beer prices rise amid sobering threat of Brexit-related inflation image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:22:37 PM
....6% on average, while Heineken said it was putting 6p on the cost of a pint. The chief executive of the British Beer and Pubs Association (BBPA) added that beer inflation could take off if the pound, which has fallen 18% against the dollar since the EU referendum, remains low. ...
UK retail sales slump in December as inflation bites image
Source : Guardian [Read Article] Friday 20th of January 2017 11:05:00 AM
....The official retail figures for December contrasted with the largely upbeat tone of retailers’ Christmas trading updates but echoed signs of a slowdown in spending reports from debit card companies. Consumer spending has been the main driving force behind the UK’s relatively strong economic growth since the EU referendum. ...
Brexit jitters mean less junk mail (and less money for the Royal Mail) image
Source : Guardian [Read Article] Thursday 19th of January 2017 03:20:30 PM
....“We are seeing the impact of overall business uncertainty in the UK on letter volumes, in particular advertising and business letters,” the company said in a statement which sent its shares down by more than 5%. Royal Mail warned in November that it had experienced a drop-off in marketing business – better known as junk mail – both before and after the EU referendum, as firms reined in spending. ...
Top Trump adviser says post-Brexit trade deal feasible within a year image
Source : Guardian [Read Article] Tuesday 17th of January 2017 05:16:19 PM
....Interviewed by ITV News, Scaramucci – who has sold his hedge fund so that he can take up a job in the White House – said the US would be hoping to finalise talks within the “first six months or the first year of the administration”. Scaramucci said Trump took a different view to a trade deal with Britain to Obama, who said during the EU referendum campaign last year that the UK would go to the “back of the queue”. ...
Bank of England ‘keeping close eye on consumer spending’, says Carney image
.... The saving rate has fallen towards its pre-crisis lows, and consumer borrowing has accelerated notably,” Carney said in a speech to the London School of Economics on Monday. But he reiterated the Bank’s fears that this important driver of growth was under threat this year as the pound’s fall since the EU referendum pushes up the cost of imports and that is passed onto consumers as higher prices. ...
Top bosses question benefits of globalisation, PwC survey finds image
Source : Guardian [Read Article] Monday 16th of January 2017 06:30:16 PM
....”. Fears that global companies would shun Britain after the shock EU referendum result were not supported by the PwC survey, which showed more chief executives pinpointing the UK for investment than a year ago. ...
Trump and Scottish golf resort profit from falling pound after Brexit vote image
.... “I would be over the moon if we could meet our best year, when 50% of the business is under renovation, but I think we can beat 2007 by 15% to 20%,” he said. When Trump officially reopened the resort the day after the EU referendum in June, he said: “If the pound goes down, more people are coming to Turnberry. ...
Norway’s $885bn-nil advantage in Britain’s sea of social troubles image
Source : Guardian [Read Article] Sunday 15th of January 2017 12:51:15 PM
.... Ghana and Gabon, for example, both have such funds. One result of last year’s EU referendum is that it has forced people to take a long, hard look at Britain’s economic model and come up with possible remedies for its weaknesses. ...
EU negotiator wants 'special' deal over access to City post-Brexit image
Source : Guardian [Read Article] Friday 13th of January 2017 07:15:54 PM
.... But his apparent concern about financial instability contrasts with bullish statements by EU leaders about swooping on London’s financial sector business. In the days after the EU referendum, French president François Hollande said London should no longer be allowed to handle any transactions denominated in euros. ...
Lord Marland: ‘People are obsessed with free trade agreements’ image
Source : Guardian [Read Article] Friday 13th of January 2017 07:30:11 AM
.... The workshops between trade ministers and chief executives of companies such as Tesco and the chairman of Rolls Royce will, instead, revolve around financial services, ease of doing business, technology and innovation, business and sustainability, creating an export economy and attracting investment. “It was planned before the EU referendum. ...
Foxtons profits PLUNGE amid fears of a London property crash image
Source : Daily Express [Read Article] Wednesday 11th of January 2017 12:08:00 PM
....". The boss has previously blamed a slowdown in London on the EU referendum. ...
Foxtons shares slump after significant fall in London property sales image
Source : Guardian [Read Article] Wednesday 11th of January 2017 09:45:19 AM
....Anthony Codling, analyst at the investment bank Jefferies, said 2017 would be a tougher year for Foxtons than 2016. “Foxtons have said what most of London was already thinking, the housing sales market has slowed since a certain EU referendum, macroeconomic uncertainty has led to a fall in housing transactions and renters in sympathy seem to be staying put for longer. ...
Are Americans more ready to accept inequality? image
Source : Guardian [Read Article] Wednesday 11th of January 2017 08:40:39 AM
....”. Tungodden saw lessons in that finding for politicians in the UK who campaigned for remain in the EU referendum by warning about the potential costs of leaving the bloc, in what became known as “project fear”. ...
Sainsbury's reports record Christmas sales of more than £1bn image
Source : BBC [Read Article] Wednesday 11th of January 2017 07:30:30 AM
....But chief executive Mike Coupe said the "market remains very competitive and the impact of the devaluation of sterling remains uncertain". The pound has been falling against the dollar and the euro since the EU referendum and there have been warnings that this will lead to higher prices this year as import costs rise. ...
FTSE 100 closes at new high in longest-ever winning streak image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:19:08 PM
.... A weak pound boosts their dollar revenues and profits and makes their goods more competitive. A stable performance from the UK economy despite the dire warnings ahead of the EU referendum also provided support for the market, and a recovery in the oil price was another factor in the rise of commodity companies. ...
Snapchat to set up main international hub in UK image
Source : Guardian [Read Article] Tuesday 10th of January 2017 09:42:07 AM
. Snap Inc, the company formerly known as Snapchat, has announced that it will set up its main international hub in the UK, in what is likely to be seen as a vote of confidence for British tech following the EU referendum result. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
.... . Even so, it seems that this has been a better Christmas than the big grocers might have expected given the gloomy predictions ahead of the EU referendum vote. ...
UK house price average surges by £4,000 in December image
Source : Guardian [Read Article] Monday 9th of January 2017 11:20:19 AM
....Russell Quirk of online estate agent eMoov said economists are wrong to predict flat or falling prices in 2017. “It would seem positive news on house prices simply will not go away despite the efforts of some to make us accept that the market will weaken in the wake of EU referendum angst. ...
UK firms brace for further Brexit price rises, surveys show image
Source : Guardian [Read Article] Monday 9th of January 2017 12:01:02 AM
....Separate research by the Federation of Master Builders found 70% of the 232 UK construction companies it polled had recorded an increase in material prices owing to the pound’s fall since the Brexit vote. Sarah McMonagle, director of external affairs at the group, said: “Thousands of smaller building firms are grappling with the rising cost of materials caused by the depreciation of sterling since the EU referendum. ...
Crash 'was crisis moment for economists' image
Source : BBC [Read Article] Thursday 5th of January 2017 11:13:41 PM
....". The Bank of England and the Treasury were accused by Brexit campaigners - including two former Conservative chancellors - of "peddling phoney forecasts and scare stories" during the EU referendum campaign to "frighten the electorate into voting Remain". ...
Why has the UK economy defied predictions of doom? image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:09:46 PM
.... Now the hat-trick of upbeat economic news has been completed by the strongest performance by the services sector in 17 months. It goes without saying that this is not what the Treasury or the Bank of England expected at the time of the EU referendum last June. ...
Top London property prices 'pushed down by taxes and Brexit vote' image
Source : Guardian [Read Article] Thursday 5th of January 2017 11:24:11 AM
. Higher taxes and jitters over the EU referendum pushed down high-end London property prices last year as sellers accepted more “realistic” offers, according to upmarket estate agent Savills. ...
UK service sector sees strong expansion in December image
Source : BBC [Read Article] Thursday 5th of January 2017 10:10:20 AM
....". At the same time, a survey by the British Chambers of Commerce indicated that there had been "continued expansion" for both manufacturing and services in the final three months of the year, but "at a lower level for the services sector than before the EU referendum". ...
British car industry body warns of sales downturn as uncertainty kicks in image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
.... “This is historically an incredibly high level. We’re not talking about a collapse,” he said, adding that the market had been more resilient than expected after the EU referendum. ...
UK credit binge approaching levels not seen since 2008 crash image
Source : Guardian [Read Article] Wednesday 4th of January 2017 01:41:55 PM
....9bn on October. Last month the Bank said some households were highly indebted and might struggle as unemployment rose, and separate data showed British households saved the lowest portion of their incomes since 2008 during the three months after the EU referendum. ...
Renewables investment in UK will fall 95% over next three years – study image
Source : Guardian [Read Article] Wednesday 4th of January 2017 01:31:36 PM
....“This cliff edge needs to be avoided if the UK is to meet its world leading carbon budgets and Paris agreement pledge,” Green Alliance said in its analysis. Shortly after the EU referendum, the government committed to cutting carbon emissions by 57% by 2030 on 1990 levels, but has so far failed to spell out how it will support low-carbon energy, such as offshore windfarms, beyond 2020. ...
How to make the most of booming Britain as the stock market hits record highs image
Source : Daily Express [Read Article] Wednesday 4th of January 2017 12:01:00 AM
....Shares leapt again yesterday amid fresh signs that Brexit Britain is booming, as manufacturing activity surged in December to a 30-month high, thanks to strong global demand for UK exports. Russ Mould, investment director at online platform AJ Bell, said the dip in the pound since the EU referendum has given exporters a competitive edge. ...
UK factories may be on a roll, but some words of caution are needed image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 12:34:41 PM
.... With a weaker pound making exports cheaper, the latest health check shows industry recording its best performance in 30 months. The upbeat mood in UK factories is only partly about the fall in the value of the pound since the EU referendum in June. ...
UK manufacturing on 'strong footing' image
Source : BBC [Read Article] Tuesday 3rd of January 2017 10:27:34 AM
...."Based on its historical relationship against official manufacturing output data, the survey is signalling a quarterly pace of growth approaching 1. 5%, a surprisingly robust pace given the lacklustre start to the year and the uncertainty surrounding the EU referendum. ...
Stock markets: the Guardian's share tips for 2017 image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 07:00:47 AM
.... At least there was an element of knowing where we stood, in the near term at least. In a volatile 12 months, the FTSE 100 slumped to three-and-a-half-year lows in February on fears of a global economic slowdown, recovered, then fell sharply but briefly following the EU referendum vote, before hitting new heights as a drop in the pound boosted the index’s overseas earners and a rise in oil prices lifted commodity companies. ...
Business confidence stabilises but Brexit jitters linger image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 12:01:38 AM
....Businesses said the exchange rate was the most favourable for exports since the aftermath of the global financial crisis in 2009. The pound hit 31-year lows in October and is down 17% against the dollar and 10% against the euro since the EU referendum. ...
Happy new year? 2017 rings in more commuter misery and higher bills image
Source : Guardian [Read Article] Monday 2nd of January 2017 06:59:18 AM
....So with the unlikely events of 2016 behind us, here are some of the key things to look out for in 2017:. There is expected to be a headache for consumers when they return to the tills as prices rise on the back of fluctuations in the post-EU referendum pound. ...
Retail pay drops sharply in 2016 image
Source : Guardian [Read Article] Monday 2nd of January 2017 12:01:09 AM
....48 jobseekers for every job advertised. The latest official figures painted a mixed picture of the jobs market in the months following the EU referendum in June. ...
Creative industries are key to UK economy image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:05:41 AM
. The sector that, more than any other, wanted a different result in the EU referendum could now be at the heart of what we might call an international rescue mission. ...

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