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. Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043. ... [Read full article on BBC ]
Monday 20th of March 2017 05:17:00 PM
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....25% by the Bank of England's rate setting committee. However, one of the nine who sit on the Monetary Policy Committee (MPC), Kristin Forbes, expressed concern about inflation and voted to raise rates. ... [Read full article on BBC ]
Thursday 16th of March 2017 12:38:45 PM
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....29m. Her solicitor, Leonie Millard of Forbes Solicitors in Accrington, said: “The benefit for the claimant from the new -0. ... [Read full article on Guardian ]
Monday 20th of March 2017 07:18:43 PM
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....The Bank of England has held interest rates at their record low amid signs of an internal split emerging about how to tackle rising inflation. The Bank’s monetary policy committee was divided on the rates decision, with Kristin Forbes voting to raise borrowing costs immediately. ... [Read full article on Guardian ]
Thursday 16th of March 2017 12:10:58 PM
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....US president Donald Trump’s fortune has fallen by about $1bn to $3. 5bn over the past year, as measured by Forbes magazine in its annual list of the world’s billionaires. ... [Read full article on Guardian ]
Monday 20th of March 2017 12:28:52 PM
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....UK interest rates should be raised, despite risks in the economy, according to a member of the Bank of England's rate-setting committee. Kristin Forbes, a US academic, was the only member of the Monetary Policy Committee to vote to raise rates this month. ... [Read full article on BBC ]
Thursday 16th of March 2017 11:52:03 PM
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.... But the minutes of its meeting last week suggested a split was emerging over how much inflation should be tolerated before taking borrowing costs higher again. One of the nine MPC policymakers, Kristin Forbes, voted for a rate rise at that meeting, while others indicated that it would not take much for them to join her. ... [Read full article on Guardian ]
Saturday 18th of March 2017 03:59:43 PM
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....5%, there has been regular speculation in the City that borrowing costs are heading back up. The latest flurry of excitement was caused when Kristin Forbes broke ranks with her monetary policy committee colleagues and said something should be done about rising inflation. ... [Read full article on Guardian ]
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Latest Finance News related to Forbes

NHS trust triples injury payout to £9.3m under controversial new rules image
....29m. Her solicitor, Leonie Millard of Forbes Solicitors in Accrington, said: “The benefit for the claimant from the new -0. ...
Bill Gates tops Forbes' rich list but Trump's wealth slips image
Source : BBC [Read Article] Monday 20th of March 2017 05:17:00 PM
. Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043. ...
Rising prices set to push inflation over 2% Bank of England target image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
.... But the minutes of its meeting last week suggested a split was emerging over how much inflation should be tolerated before taking borrowing costs higher again. One of the nine MPC policymakers, Kristin Forbes, voted for a rate rise at that meeting, while others indicated that it would not take much for them to join her. ...
MPC member calls for interest rates to rise image
Source : BBC [Read Article] Thursday 16th of March 2017 11:52:03 PM
....UK interest rates should be raised, despite risks in the economy, according to a member of the Bank of England's rate-setting committee. Kristin Forbes, a US academic, was the only member of the Monetary Policy Committee to vote to raise rates this month. ...
Interest rate rise is further away than MPC vote suggests image
Source : Guardian [Read Article] Thursday 16th of March 2017 05:50:07 PM
....5%, there has been regular speculation in the City that borrowing costs are heading back up. The latest flurry of excitement was caused when Kristin Forbes broke ranks with her monetary policy committee colleagues and said something should be done about rising inflation. ...
UK interest rates kept on hold at 0.25% image
Source : BBC [Read Article] Thursday 16th of March 2017 12:38:45 PM
....25% by the Bank of England's rate setting committee. However, one of the nine who sit on the Monetary Policy Committee (MPC), Kristin Forbes, expressed concern about inflation and voted to raise rates. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
....The Bank of England has held interest rates at their record low amid signs of an internal split emerging about how to tackle rising inflation. The Bank’s monetary policy committee was divided on the rates decision, with Kristin Forbes voting to raise borrowing costs immediately. ...
Zara founder to receive £1.1bn payout after record sales image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:47:42 AM
....The world’s fourth richest person and the wealthiest European, Ortega has a fortune estimated at $71. 5bn (£58bn), according to the Forbes World’s Billionaires rankings. ...
From V-necks to handcuffs image
Source : BBC [Read Article] Thursday 9th of March 2017 05:52:51 AM
....But since Mr Lee's father suffered a heart attack in 2014, he has been considered de facto boss of the entire Samsung group. Forbes ranks the divorced father-of-two as the 40th most powerful person in the world, with a net worth of almost $6bn (£4. ...
Sir Philip Green strikes BHS pension deal with regulator image
Source : BBC [Read Article] Tuesday 28th of February 2017 02:38:18 PM
...." . The tycoon, who with his wife Cristina is estimated by Forbes to be worth £3. ...
Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself image
.... The next year he shocked the tech world when it emerged he had turned down a $3bn offer from Facebook for the company. “There are very few people in the world who get to build a business like this,” Spiegel told Forbes for a cover story. ...
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
....The ONS said sterling weakness was a factor in rising food prices but not the sole contributor. 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. ...
Brexit: the price of post-truth pounds in our pockets image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:59:00 AM
.... No one is likely to kick up a fuss if the talent is imported. Meanwhile, public sector headhunters will also be out in force, searching for a new member of the Bank of England’s monetary policy committee, following last week’s announcement of Kristin Forbes’s decision to turn down a second term and return to her native US. ...
Bank of England appoints Charlotte Hogg as deputy governor image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:57:26 PM
.... Charlotte Hogg was a economics journalist and TV presenter before heading John Major’s policy unit in the mid-1990s. The appointment comes as the Bank faces the loss of another prominent woman following Kristin Forbes’s decision on Thursday to turn down a second term as a member of the MPC and return to her native US. ...
Is Snapchat the new Facebook? image
Source : Guardian [Read Article] Friday 3rd of February 2017 07:13:50 PM
....Facebook tried to buy Snapchat several times, and Spiegel has said Zuckerberg tried to force him to sell up. “It was basically like, ‘We’re going to crush you’,” Spiegel told Forbes magazine. ...
Snapchat to make high-profile stock debut after revealing IPO plans image
Source : Guardian [Read Article] Thursday 2nd of February 2017 10:54:42 PM
.... Spiegel, 26, is a Stanford University dropout who started Snapchat while still at college. Before the IPO announcement, Forbes estimated his net worth, thanks to his Snap holding, at $2. ...
World's eight richest people have same wealth as poorest 50% image
Source : Guardian [Read Article] Monday 16th of January 2017 12:01:08 AM
....The WEF report found that 51% of the 103 countries for which data was available saw their inclusive development index scores decline over the past five years, “attesting to the legitimacy of public concern and the challenge facing policymakers regarding the difficulty of translating economic growth into broad social progress”. Basing its research on the Forbes rich list and data provided by investment bank Credit Suisse, Oxfam said. ...
Changing direction image
Source : BBC [Read Article] Thursday 29th of December 2016 11:32:46 PM
.... January's lacklustre North American Auto Show, in Detroit, had already been upstaged days earlier in Las Vegas, at the Consumer Electronics Show (CES). Forbes magazine reported CES as "a high water mark in terms of the scale and significance of car technology unveiled". ...
Council tax can rise by 3% a year to help fund social care – Javid image
Source : Guardian [Read Article] Thursday 15th of December 2016 01:28:55 PM
....It was met with disappointment by local councils, who believe they need more help from central government to solve the long-term crisis in social care. Nick Forbes, the leader of Newcastle council and Labour lead on the Local Government Association, said it was a “huge missed opportunity” and the government had “just kicked the can down the road a bit”. ...
HK tycoon makes $5.4bn offer for Australian energy firm image
Source : BBC [Read Article] Monday 5th of December 2016 05:11:24 AM
....CKI sees itself as a global infrastructure company with investments and operations in many countries including the Netherlands, Portugal, New Zealand and Canada. Forbes magazine estimates that Mr Li's wealth from his property, energy, retail, ports and technology businesses amounts to $33. ...
Trump says he will 'leave business' to focus on presidency image
Source : BBC [Read Article] Wednesday 30th of November 2016 12:23:56 PM
....The property tycoon is said to be currently worth $3. 7bn (£3bn) by Forbes magazine, with more than 500 different enterprises in his business empire. ...
Rosberg revs up image
Source : BBC [Read Article] Sunday 27th of November 2016 02:49:56 PM
....From a racing perspective it has been a rollercoaster season, with Rosberg strictly focusing on taking one race at a time, an approach which is now set to pay financial, as well as sporting, dividends. This summer Rosberg was listed 98th in Forbes' index of the world's 100 richest sports people, with estimated total annual earnings of $21m (£14. ...
Trump denies any conflict of interest over business empire image
Source : BBC [Read Article] Wednesday 23rd of November 2016 09:10:03 AM
....The property tycoon is said to be currently worth $3. 7bn (£3bn) by Forbes magazine, with more than 500 different enterprises in his business empire. ...
Who will be on Trump's economic team? image
Source : BBC [Read Article] Wednesday 9th of November 2016 03:07:42 PM
....His day job is running Colony Capital, a real estate investment company based in Los Angeles. Forbes describes Thomas Barrack as "contrarian" and the firm does have some unusual assets including Michael Jackson's Neverland ranch. ...
Advantage Murray image
Source : BBC [Read Article] Sunday 6th of November 2016 07:07:06 AM
....According to other current stats from the ATP, the 29-year-old made more than $10m (£8m) in prize money this year. But according to figures from business publication Forbes, the Scot made some $15m from endorsements alone last year, a figure which eclipses his playing earnings. ...
Pay-to-stay uncertainty leaves tenants too little time, says council image
Source : Guardian [Read Article] Friday 4th of November 2016 07:00:11 AM
....It said councils needed to invest millions in new IT systems, hire new staff and write to more than 1 million social housing tenants to try and understand household income and approve individual tenant bills by January. Nick Forbes, LGA senior vice chair, said: “Pay-to-stay will affect thousands of social housing tenants across the country, with the average affected households seeing their rents rise by £1,065 a year. ...
China tops US in numbers of billionaires image
Source : BBC [Read Article] Thursday 13th of October 2016 07:13:28 AM
.... . The annual list is compiled by Shanghai publishers Hurun and often compared to the Forbes list in the US. ...
Theranos will shut labs and cut 40% staff image
Source : BBC [Read Article] Thursday 6th of October 2016 12:57:13 PM
....Founder Elizabeth Holmes once ranked as America's richest self-made woman. This summer, Forbes magazine estimated her worth as next to nothing. ...
How to hide it: inside the secret world of wealth managers | Brooke Harrington image
Source : Guardian [Read Article] Wednesday 21st of September 2016 05:00:17 AM
....The Pritzker family is one of the wealthiest in the United States. Their assets, which amount to $15bn, are held in 60 companies and 2,500 trusts, using structures and strategies that Forbes magazine – normally a cheerleader for wealthy elites – describes with an unusual hint of moral distaste as “shadowy … constructed to discourage outside inquiry – and brilliantly exploitative of loopholes in the tax code. ...
Kate Moss launches modelling agency 'not for pretty people' image
Source : BBC [Read Article] Monday 19th of September 2016 10:30:36 AM
....She was awarded Model of the Year in 2006 at the British Fashion Awards. Her fortune is estimated by Forbes magazine at around £100m. ...
Britain 'too lazy and fat', says Trade Secretary Liam Fox image
Source : BBC [Read Article] Saturday 10th of September 2016 12:29:52 PM
.... . Business bibles such as Forbes, CNBC and Bloomberg all have special features about golf and its importance to sealing a deal. ...
How to become a billionaire image
Source : Guardian [Read Article] Saturday 10th of September 2016 06:00:23 AM
.... And no, the other two aren’t Chinese, who despite the country’s extraordinary economic growth only appear three times in the list of the world’s 50 richest individuals. Forbes, a business magazine, not only compiles an annual rich list, but updates it online in “real time” – and fund manager Nick Train of Lindsell Train has undertaken a fascinating analysis of what it tells you about how wealth is created in the 21st century. ...
Shy billionaire image
Source : BBC [Read Article] Friday 9th of September 2016 06:57:46 PM
.... After all, he has 60 years' experience in fashion retail, built up from humble beginnings. According to Forbes magazine, experts in estimating the bank balances of the world's wealthiest, Mr Ortega's fortune overtook that of Microsoft founder Bill Gates on Wednesday and Thursday this week, before fluctuating share prices pushed it back into second place. ...
Melissa McCarthy overtakes Scarlett Johansson on Forbes rich list image
Source : BBC [Read Article] Tuesday 23rd of August 2016 04:21:37 PM
. Melissa McCarthy has overtaken Scarlett Johansson in Forbes' annual rich list. ...
Ryan Lochte: Speedo and Ralph Lauren among four to end sponsorship image
.... The contract reportedly expires this year after 10 years. The US business magazine Forbes calculated that in the year of the 2012 London Olympics, Lochte earned about $2m in sponsorships from companies such as Gillette, Nissan, AT&T and Gatorade. ...

New York businessman offers $5,000 reward to catch ice cream thieves as temperatures soar
 image
....Catsimatidis, who immigrated to New York with his family from Greece as a baby, is valued at $3. 4 billion by Forbes. ...

Duke of Westminster died of heart attack, coroner's office confirms
 image
Source : Telegraph [Read Article] Thursday 11th of August 2016 12:41:55 PM
....The landowner was worth around £8. 3 billion, according to Forbes, making him the 68th richest person in the world, and third in the UK. ...
Right-to-buy reform urged as council leaders fear for social housing image
Source : Guardian [Read Article] Wednesday 10th of August 2016 11:01:21 PM
.... Under the existing system, London tenants can get a discount of up to £103,900, while outside the capital homes are sold for up to £77,900 below market value. The LGA’s senior vice chair, Nick Forbes, said current arrangements were restricting councils’ ability to replace homes and suggested this would mean that eventually there were no more properties to sell. ...
Who is the new Duke of Westminster? image
Source : BBC [Read Article] Wednesday 10th of August 2016 09:58:32 AM
.... . Source: Forbes List. ...
Duke of Westminster, Gerald Cavendish Grosvenor, dies aged 64 image
Source : BBC [Read Article] Tuesday 9th of August 2016 10:35:54 PM
....8bn (£8. 3bn) by Forbes magazine, making him the world's 68th richest person and the UK's third. ...

Billionaire landowner and close friend of Prince Charles the Duke of Westminster dies aged 64 after sudden illness
 image
.... His only son, Hugh Grosvenor, who now inherits his father’s title and estate, is a godfather to Prince George. According to Forbes, the Duke had a fortune of £8. ...
UK interest rates cut to 0.25% image
Source : BBC [Read Article] Thursday 4th of August 2016 11:32:10 AM
....25% was approved unanimously by all nine members of the MPC and is the first change in interest rates since March 2009. The £60bn bond-buying programme, which increases quantitative easing to £435bn, was approved by a vote of 6-3, with Kristin Forbes, Ian McCafferty and Martin Weale preferring to wait until more concrete data is available rather than relying on surveys. ...
Bank of England cuts interest rates to 0.25% and expands QE image
Source : Guardian [Read Article] Thursday 4th of August 2016 11:05:19 AM
Degree or drop out? image
Source : BBC [Read Article] Monday 1st of August 2016 12:52:20 AM
.... . Mark Zuckerberg is now worth more than $52bn (£39bn), adding $18bn to his fortune in the last year alone according to Forbes. ...
Unequal deal image
Source : BBC [Read Article] Sunday 31st of July 2016 11:20:36 PM
.... . Jeffrey Dorfman of the University of Georgia writing for Forbes says most economists agree widening wealth disparity due to low interest rates is happening, though it's hard to quantify (and some have questioned whether it really did happen that way). ...
Amazon boss Bezos becomes world's third richest image
Source : BBC [Read Article] Thursday 28th of July 2016 08:52:07 PM
. Strong earnings from Amazon and a boost to the company's stock have made its founder, Jeff Bezos, the world's third richest person, according to Forbes. ...
'Ikea of Africa' image
Source : BBC [Read Article] Wednesday 13th of July 2016 08:51:13 AM
....Markus Joost, a keen racehorse owner, owns about 3% of the company and is said to be worth in the region of $700m (£530m). One of the major shareholders in Steinhoff is Christo Weise, the South African retail billionaire ranked by Forbes as the second-richest man in Africa. ...
Taylor Swift is the world's highest-paid celebrity, according to Forbes image
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Related to :
Warren Buffett lunch costs $3,456,789 for anonymous bidder image
Source : Guardian [Read Article] Saturday 11th of June 2016 04:15:50 PM
....However, the $3,456,789 (£2. 42m) is not going to line the pockets of the Berkshire Hathaway chief, who is the world’s third-richest person with a $66bn fortune, according to Forbes. ...
Angela Merkel is the most powerful woman in the WORLD, says Forbes  image
Source : Daily Express [Read Article] Monday 6th of June 2016 05:05:00 PM
.... Mrs Merkel beats presidential hopeful Hillary Clinton to the spot, as well as the chief executive of Facebook Sheryl Sandberg. The Chancellor has successfully persuade all the troubled European economies, such as Greece and Spain, to buy into to German fiscal and legal logic, said Forbes. ...
Elizabeth Holmes's fall from hero to zero highlights problems of rich lists image
....From hero to zero – literally. That’s the journey 32-year-old Elizabeth Holmes has taken in only a year, courtesy of Forbes and its annual lists of the US’s richest citizens. ...
Forbes downgrades net worth of former 'richest self-made woman' to zero image
Source : Guardian [Read Article] Wednesday 1st of June 2016 10:39:24 PM
. Related: Forbes investigates after 'contributor' asks PR for £300 to write online profile. ...
Donald Trump's brand appears to be thriving – but could his bubble burst? image
....Don’t remember Groupon? Launched in 2008 as one of the first of the daily deals websites, Groupon rapidly became a darling of the startup universe. A cover star of Forbes magazine as “the fastest growing company ever” Groupon’s investors celebrated as revenues soared from $313m in 2010 to $1. ...
UK manufacturing boosted by pick-up in food and drink output image
Source : Guardian [Read Article] Friday 20th of May 2016 05:13:30 PM
....The Bank of England has said the upcoming referendum is making it harder to gauge the strength of the underlying economy and that it is treating all economic indicators ahead of the vote with an extra dose of caution. One of its top policymakers, Kristin Forbes, conjured the image of a “fog” obscuring the economic data. ...
Paws for thought: why allowing dogs in the office is a good idea image
Source : Guardian [Read Article] Wednesday 18th of May 2016 09:43:14 AM
.... This is not an unusual sight in the glass building, especially at lunchtime. “You can see they’re all friends,” says Odette Forbes, head of media relations, as the three circle each other, tails wagging. ...
Warren Buffett buys $1bn of Apple stocks in first for Berkshire Hathaway image
....Buffett, who is the world’s third richest person with a $66. 5bn fortune according to Forbes magazine, has previously only invested in one tech company: IBM. ...
Top 25 hedge fund managers earned $13bn in 2015 – more than some nations image
.... Griffin, who is the richest man in Illinois with a $7. 5bn fortune according to Forbes, has donated more than $3m into the failed campaigns of Marco Rubio, Jeb Bush and Scott Walker. ...
'This is the pop culture legacy business': JAM Inc manages artists after death image
....Michael Jackson’s estate is far wealthier now by virtue of the fact that the singer is not around to spend the proceeds or put a wrench in management’s plans. The King of Pop has earned more than $1bn before taxes since his death, according to Forbes, enough to pay off his personal debts and then some. ...
Who invented the cash machine? I did – and all I earned was £10 image
Source : Guardian [Read Article] Friday 29th of April 2016 11:09:34 AM
.... He came up with a groundbreaking invention that spawned several industries and generated billions of pounds, “and I got nothing, so who’s going to want to follow in James Goodfellow’s footsteps and get $15 if they have a fantastic success?”. While Zuckerberg has secured a place on the Forbes list of billionaires and a multimillion-dollar portfolio of property and land in California, New York and Hawaii, Goodfellow has had to settle for a three-bed house in the Scottish town of Paisley. ...
Are Trump and Sanders right about trade? image
Source : BBC [Read Article] Sunday 10th of April 2016 11:06:36 PM
....That was the question posed in a recent Wall Street Journal column. Meanwhile, an article in Forbes magazine describes another non-mainstream figure still in the running for the White House, the Democrat Bernie Sanders, as not having the "first inkling of what [trade] is and why we do it". ...
From shantytown to millionaire image
Source : BBC [Read Article] Sunday 3rd of April 2016 11:20:03 PM
....". In 2013 Ms Assis was named by Forbes magazine as one of the 10 most powerful businesswomen in Brazil. ...
Brazilian billionaire and owner of the Gherkin charged in bribery scheme image
Source : Guardian [Read Article] Thursday 31st of March 2016 06:30:42 PM
....3bn (£12. 8bn) fortune according to Forbes magazine, was on Thursday accused of corruption in relation to a conspiracy to pay 15. ...
In-car entertainment: will driverless cars have movie screens not windscreens? image
.... The patent description suggests these might “retract into the ceiling” when not in use. Ford told Forbes magazine: “We submit patents on innovative ideas as a normal course of business. ...
Ikea billionaire Ingvar Kamprad buys second-hand clothes to save money image
Source : Guardian [Read Article] Thursday 10th of March 2016 12:41:47 AM
....But it is difficult to separate what belongs to him, what belongs to his children and what is held in a family foundation in one of Europe’s most infamous tax havens, Liechtenstein. In 2006, the American business magazine Forbes listed him as the fourth richest person in the world. ...
Are Sharapova and sponsors heading for break point? image
Source : BBC [Read Article] Tuesday 8th of March 2016 12:16:56 PM
.... . According to US business magazine Forbes, the 28-year-old is now the world's top-earning female sports star, raking in a total of $29. ...

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