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.... . "Slashing away at the core business without damaging future earnings and growth is a hard circle to square," he added. ... [Read full article on BBC ]
Friday 28th of April 2017 06:26:06 AM
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.... But after-the-bell figures from the industry’s giants looked set to take it even higher when trading resumes on Friday. With shares already buoyant on the hopes of huge corporate tax cuts by the Trump administration, the impressive earnings helped Wall Street brush aside any concerns about a possible US government shutdown amid continued congressional wrangling. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:03:31 AM
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...."These licence agreements remain valid and enforceable," Don Rosenberg, executive vice president and general counsel of Qualcomm, said. Qualcomm's share price dropped 3% following the latest update, which came less than two weeks after the company reported quarterly earnings. ... [Read full article on BBC ]
Friday 28th of April 2017 03:07:05 PM
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....Nationwide said housing affordability was a key issue for potential homebuyers, with a typical house price currently at 6. 1 times average earnings, well above the long run average of 4. ... [Read full article on Guardian ]
Friday 28th of April 2017 07:15:39 AM
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....A leading thinktank underscored the pressures on household budgets as it noted the weakness in wage growth started long before the Brexit vote. After adjusting for inflation, employees’ average earnings were still substantially below pre-recession levels, the Institute for Fiscal Studies said in a new analysis. ... [Read full article on Guardian ]
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Latest Finance News related to Earning

Qualcomm says Apple withholding royalty payments amid legal row image
...."These licence agreements remain valid and enforceable," Don Rosenberg, executive vice president and general counsel of Qualcomm, said. Qualcomm's share price dropped 3% following the latest update, which came less than two weeks after the company reported quarterly earnings. ...
UK GDP growth slower than expected as inflation bites image
Source : Guardian [Read Article] Friday 28th of April 2017 02:33:56 PM
....A leading thinktank underscored the pressures on household budgets as it noted the weakness in wage growth started long before the Brexit vote. After adjusting for inflation, employees’ average earnings were still substantially below pre-recession levels, the Institute for Fiscal Studies said in a new analysis. ...
UK house prices fall again in April as buyers feel the pinch image
Source : Guardian [Read Article] Friday 28th of April 2017 07:15:39 AM
....Nationwide said housing affordability was a key issue for potential homebuyers, with a typical house price currently at 6. 1 times average earnings, well above the long run average of 4. ...
RBS reports first quarter profit as turnaround continues image
Source : BBC [Read Article] Friday 28th of April 2017 06:26:06 AM
.... . "Slashing away at the core business without damaging future earnings and growth is a hard circle to square," he added. ...
Nasdaq surge expected to continue after strong Alphabet and Amazon results image
.... But after-the-bell figures from the industry’s giants looked set to take it even higher when trading resumes on Friday. With shares already buoyant on the hopes of huge corporate tax cuts by the Trump administration, the impressive earnings helped Wall Street brush aside any concerns about a possible US government shutdown amid continued congressional wrangling. ...
Exchange rate fluctuation is MORE of a threat to expat’s pensions than losing triple lock image
....Now, it seems, the triple lock might not even survive until the Brexit deal is finalised, as it has been reported that Theresa May is seriously considering dropping it from the Conservative Party’s 2017 election manifesto. Introduced in 2010 by the Conservative-Lib Dem coalition, the triple lock is a guarantee that pensions will increase each year by either the same rate as inflation, average earnings growth or at least 2. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
....Introduced in 2011 by the coalition government, the triple lock guarantees that the basic state pension will rise by a minimum of either 2. 5%, the rate of inflation or average earnings growth, whichever is largest. ...
Uber to offer UK drivers sickness cover in return for £2-a-week fee image
Source : Guardian [Read Article] Thursday 27th of April 2017 12:51:55 PM
....Uber claims its drivers earn on average £15 an hour after the company has taken its 20% commission, but that does not account for drivers’ expenses including car hire, insurance and petrol, which amount to thousands every year. Many Uber drivers claim they are in effect earning less than the national minimum wage, which is currently £7. ...
UK should axe state pension for rich people, says OECD image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:15:15 AM
....The state pension has become a key focus in the early stages of the general election campaign, with a refusal from Theresa May on Wednesday to rule out that a re-elected Conservative government would scrap the so-called “triple lock”. Under the existing system, the basic state pension increases each year by the same as average earnings, the inflation rate or 2. ...
As first-time buyers, can we take out a buy-to-let mortgage? image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:00:09 AM
....Is this possible and, if so, would it officially count as a buy to let? My partner’s income is roughly £17,000, so would she even be able to match my deposit? LB. A If you were looking at getting a residential mortgage, the answer to your last question would be, no, your partner wouldn’t be able to get a mortgage of £140,000 (to match your cash deposit) on earnings of £17,000 a year. ...
Samsung sees best quarterly profits in three years image
Source : BBC [Read Article] Thursday 27th of April 2017 02:59:19 AM
.... . Samsung said it expected further growth in memory chip orders and a pick up in earnings from its phone business. ...
Job opportunities image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:12:43 PM
....The youth unemployment rate stands at more than 30%. Foreign investment and earnings from tourism have dried up. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
....Theresa May is seriously considering replacing the “triple lock”, which guarantees a minimum increase in the state pension each year, with a less generous “double lock”, and spending some of the money saved on social care. The existing system guarantees that the basic state pension will increase each year by whichever is the largest of inflation, average earnings, or 2. ...
Car insurance model will not help energy market, says charity image
Source : Guardian [Read Article] Wednesday 26th of April 2017 02:52:40 PM
....”. On Wednesday, the energy retail and generation businesses of Scottish Power, owned by Spain’s Iberdrola, posted a 73% fall in earnings before interest and tax to £47m in the first quarter. ...
Hard tackling image
Source : BBC [Read Article] Wednesday 26th of April 2017 11:25:54 AM
....". Meanwhile, changes introduced by the government in the 2016 Finance Act have given HMRC added powers to chase and prosecute those incorrectly funnelling earnings through offshore structures. ...
Barack Obama to be paid $400,000 for speech at Cantor Fitzgerald event image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:28:37 AM
....Barack Obama is to be paid $400,000 (£312,000) to speak at a healthcare conference organised by the Wall Street firm Cantor Fitzgerald, despite his criticism of the finance sector when he was US president. The fee is nearly double that received by Hillary Clinton, who had hoped to succeed him as president, for speeches at Goldman Sachs and indicates the scale of the potential earnings of the former US president. ...
Andrew Tyrie, scourge of bankers, deserves new City role | Nils Pratley image
Source : Guardian [Read Article] Tuesday 25th of April 2017 06:18:25 PM
.... It’s just that, as one goes down the profit and loss account, the numbers aren’t as sparkling as they used to be. Profit before tax (£565m) and earnings per share improved by 6%, and the dividend was lifted similarly. ...
Lockheed Martin profits take fall, despite sales increase image
Source : BBC [Read Article] Tuesday 25th of April 2017 05:20:59 PM
.... . In spite of a sales uptick, the firm on Tuesday said net earnings fell 15% to $763m (£595m) from $898m in the same period last year. ...
Theresa May promises personal tax allowance will go up to woo working-class voters image
....” . The number of employees earning the minimum wage in Britain will double to more than 10 per cent of the UK workforce by 2020 it has been warned. ...
Luxury goods giant LVMH grabs full control of Christian Dior image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:15:06 AM
....Paris-based Christian Dior has 198 stores worldwide including one in Mayfair, central London. It posted revenues of €2bn and underlying earnings of €418m last year. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
.... . The company is due to report its first-quarter earnings to investors on Friday. ...
Toy-maker Hasbro revenues boosted by Monopoly sales image
Source : BBC [Read Article] Monday 24th of April 2017 03:00:22 PM
...."Our year is set up for success," he said,. Net earnings spiked 41% to $68. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
....8 million, making it the most exposed to the Tory plan. British Gas is the only one of the large suppliers to have not hiked prices in the recent flurry of tariff rises, although analysts expect the cap will dent its parent company’s earnings before by £300m. ...
What does the snap election mean for your finances? image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 01:10:00 PM
....This promised to protect pensioner perks such as free bus passes and the winter fuel allowance, help women affected by the rising state pension age, and extend the pensions “triple lock” to 2025. This pledges to increase the state pension annually by earnings, prices or 2. ...
Company profit warnings increase on previous quarter image
Source : BBC [Read Article] Sunday 23rd of April 2017 08:23:22 AM
....The FTSE sectors issuing most warnings were support services (11), travel and leisure (8), non-life insurance (5) and software and computer services (5). Firms must warn when earnings look like being less than previously expected. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
....From inside 10 Downing Street, this appears to show how the government and interest-rate setters at the Bank of England can work together to produce a change for the better. The young may suffer, on average, the worst disparity between their feeble earnings and soaring house prices in history, but at least a smart piece of policymaking has transformed their prospects. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....This compares with nearly four out of 10 workers born in the 1960s. In 2015, 90% of those in defined benefit schemes received an employer contribution equivalent to 10% of their earnings or more, compared with only 13% of those in other schemes. ...
Brand Masha image
Source : BBC [Read Article] Saturday 22nd of April 2017 11:27:22 PM
....Maria Sharapova faces the biggest challenge of her tennis career - namely her return to the sport after a 15-month drugs ban - and it is not just her continued sporting success that is in the spotlight. Off the court, where she makes the bulk of her earnings, the question is - can she be as big a sponsor draw as she was before her enforced absence? . ...
England’s vineyards meet their biggest challenge – a decent bottle of red image
....”. Christopher White, CEO at the Denbies vineyard in Surrey, another pinot evangelist, said the English wine industry was learning where to draw the line. ...
Working mothers face pay and childcare challenges, reports find image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:01:27 PM
....The report said a woman with a partner and two children who works fewer than 16 hours a week and earns the government’s “national living wage” of £7. 50 an hour would see her childcare costs overwhelm her earnings, leading to a net loss. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
As more buy clothes online, Walmart eyes a piece of the action image
Source : Guardian [Read Article] Saturday 22nd of April 2017 11:00:12 AM
....But the Bonobos deal illustrates the accelerating arms race between Amazon, valued at $423bn, and Walmart, valued at $222bn. Wall Street might love Amazon more but the Arkansas-based retailer far exceeds Amazon in earnings – $13. ...
Growth in unpaid full-time internships raises fears for social mobility image
....This fantastic opportunity, available only to those with independent means, wealthy parents and access to free accommodation, was advertised this week by US-based fashion chain Urban Outfitters. The company, which has 25,000 employees worldwide and last year reported earnings of more than $200m (£155m), wanted students to work for free as interns in photographic studio production and styling at its London office. ...
Protectionism is rising the world over. Our best defense is fighting inequality | Wally Adeyemo image
.... Reducing data localization – the requirement that data is stored, managed and handled within a country’s borders – especially as it pertains to financial data, needs to be addressed. Maintaining information in unnecessary jurisdictions creates a barrier to entry for many smaller firms and slows innovation by way of machine learning with the ability to transform fields like financial inclusion which are central to reducing inequality. ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
....7% of national income to international aid. But the prime minister did not commit her party to the so-called triple lock for pensioners, which ensures that the state pension rises by the higher of the inflation rate, average earnings or 2. ...
M&S share rise fails to lift FTSE 100 image
Source : BBC [Read Article] Friday 21st of April 2017 08:12:14 AM
.... . "The FTSE has obviously had a terrible week - although corporate earnings have been somewhat of a mixed bag. ...
Nasdaq hits new high on tax cut hopes image
Source : BBC [Read Article] Thursday 20th of April 2017 11:46:41 PM
.... . "Not only have the earnings been good, but there's a good picture being painted by the CEOs," said JJ Kinahan, chief market strategist at TD Ameritrade. ...
Russia's secret image
Source : BBC [Read Article] Thursday 20th of April 2017 11:17:03 PM
....Growing up in a small seaside town populated by miners and fishermen, her love of computers began when she was just four, but it was a struggle to turn her passion into a career. Turning to online tutorials, she mastered the basics of algorithm design, machine learning and programming and made money coding simple websites. ...
Virgin Money chief: 'I have battled with mental health all my life' image
Source : Guardian [Read Article] Thursday 20th of April 2017 04:15:42 PM
.... The bank’s first-quarter results on Tuesday will be an indicator of any hit from the Brexit vote. Gadhia says that in writing the book “I was learning quite a lot about myself” and that to be successful, you need supporters. ...
BMW profits boosted by Intel map investment image
Source : BBC [Read Article] Thursday 20th of April 2017 12:56:17 PM
....BMW said the value of the stake in Here had risen by 183m euros. The car manufacturer also cited improved earnings from its Chinese joint venture, BMW Brilliance Automotive, for its higher profits. ...
With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
.... The fabric could be restored by future governments of good will, but rebuilding lost public trust will be far harder. Away he goes, earning £650,000 a year from BlackRock, £800,000 for 15 speaking engagements plus a £120,000 stipend from a US thinktank. ...
'It was like the tap turned off on job applications': SMEs post Brexit vote image
....“We spoke to our recruitment agent and he says it’s the same for all British companies. The East European people he specialised in placing in jobs feel less welcome in the UK now and, since the devaluation of the pound, they’d far rather be earning euros in a country they know they can settle down in if they choose. ...
How much do you have to earn to be rich? £70,000, says Labour image
Source : Guardian [Read Article] Wednesday 19th of April 2017 03:40:40 PM
.... He said Labour would be “looking to the corporations and to the rich to pay their share”. When pressed to define who the rich are, McDonnell put a figure on it: “We believe … the rich will be above £70,000 to £80,000 a year and that’s roughly defined as what people feel is an earning whereby people feel they can pay more. ...
Reality Check image
Source : BBC [Read Article] Wednesday 19th of April 2017 01:31:06 PM
.... . The Resolution Foundation, which does a great deal of work on inequality, says that the income tax system is relying too much on the richest 10%, which is a problem because their earnings are volatile. ...
IMF says global financial stability has improved image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:31:28 PM
It's good to talk image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:00:53 AM
.... And conversely, "happy" schools are likely to report much more positive relations between staff and students. On average across countries, students who reported that their teacher is willing to provide help and is interested in their learning are also about 1. ...
Dulux owner reports 'record performance' image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:04:29 AM
....". The firm said its earnings before income tax in 2017 were expected to be about 100m euros higher than in 2016. ...
Primark owner Associated British Foods sees profits jump image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:00:40 AM
....However, it added the outlook for full-year profits had improved. Chairman Charles Sinclair said: "The growth in earnings achieved in the first half has been excellent. ...
Investors think the election means a softer Brexit – are they right? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:40:16 PM
.... The big idea of persuading breakfast diners in Shanghai and Beijing to enjoy the delights of wheat biscuits hasn’t moved the dial. Weetabix’s overall revenues of £400m-ish and top-line earnings of £120m have gone sideways for the past half-decade. ...
Next slashes Wolfson's pay by half after profits slide image
Source : BBC [Read Article] Tuesday 18th of April 2017 06:35:51 PM
....Earlier this month BP said its chief executive, Bob Dudley, would have his 2016 pay package cut by 40%. His maximum possible earnings over the next three years have also been cut by $3. ...
Next boss misses out on annual bonus for first time in 18 years image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:15:22 PM
....Wolfson’s total pay package dived by 58% to £1. 8m in the year to 28 January, according to the fashion and homewares retailer’s annual report published on Tuesday, after a key earnings per share target was missed. ...
Weetabix sold to US firm after breakfast cereal fails to catch on in China image
....Post has annual revenues of $5bn(£4bn) expects to make annual savings of about £20m a year before the third full year after completion of the deal, from shared administration and infrastructure among other things. It estimates that Weetabix will contribute about £120m of adjusted earnings before interest, tax, depreciation and amortisation, excluding cost savings. ...
The gig economy 'slashies' risk burnout image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:00:21 AM
.... He lasted 12 days. “It ended over political differences with the administration, but I don’t doubt that if I’d lasted, I would have been yearning to get back to the freelance world,” he says. ...
The Guardian view on apprenticeships: an invitation for employers to cheat | Editorial image
.... Teachers are much more familiar with the path students need to follow to academic qualifications. That means many students who might have benefited from access to technical and vocational courses at 14 have to wait until 16, when they may have entirely lost their enthusiasm for learning. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
....If you are self employed and don’t have access to a company pension scheme, you might want to consider one. You can pay into an account when it suits, giving you some flexibility if your earnings fluctuate. ...
Batten down the hatches! Rising inflation and low wage growth are pinching the consumer image
....3 per cent over the past 12 months, in line with inflation, according to new official statistics. Andrew Sentance, senior economic adviser at PwC, says this means earnings are no longer increasing in real terms: “With inflation expected to pick up further, this squeeze on consumer purchasing power is likely to intensify. ...
Diesel car owners may be paid to trade in under new UK air quality plans image
Source : Guardian [Read Article] Saturday 15th of April 2017 11:49:17 PM
....The idea of a tailored scheme has been supported by Neil Parish, chair of the Commons environment committee, who will use a debate on Wednesday to raise the proposal. He will say that “households should not just be able to trade in multiple diesels for a cash subsidy”, and argue that the government “should particularly consider targeting a scrappage scheme at poorer households or those earning less than 60% of the median UK household income”. ...
Rise of the intern minority harms job hopes for the majority image
Source : Guardian [Read Article] Saturday 15th of April 2017 07:11:58 PM
....The report, The Inbetweeners: The New Role of Internships in the Graduate Labour Market, claims that while about 11,000 internships are advertised each year, the real number on offer is as high as 70,000. But many of the positions do not offer meaningful learning opportunities, have poor working conditions, and are inaccessible to young people without the connections or the knowhow to obtain one. ...
Five pension tax mistakes that could hit YOUR nest egg image
Source : Daily Express [Read Article] Friday 14th of April 2017 06:01:00 AM
.... It is worth checking with you pension plan provider to see if you are eligible. It would mean providing earnings details from before 2006. ...
Royal Mail union warns of industrial action over pension scheme closure image
Source : Guardian [Read Article] Thursday 13th of April 2017 08:44:38 AM
....CWU said employees face losing up to a third of their future pensions. For a 50-year-old member earning £25,000 a year and retiring at 65, this would equate to a loss of £4,392 a year (£109,800 over 25 years). ...
Strike threat after Royal Mail closes pension scheme image
Source : BBC [Read Article] Thursday 13th of April 2017 07:32:05 AM
....The CWU said its members - including sorting and delivery staff - could lose up to a third of their future pensions as a result of the change. A 50 year-old earning £25,000 a year and retiring at 65 would lose £4,392 a year, or more than £100,000 over the course of their retirement, it said. ...
Multi-skilled image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:33:04 PM
....3 million since 1993. Official statistics no longer break out earnings figures. ...
EU migrants make up 11% of manufacturing workforce - ONS image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:19:18 PM
....". Compared with the national average earnings of £11. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
.... The company uses “Uber math” to argue that this increases drivers’ income by reducing downtime. However, drivers have reported that their earnings are slashed without warning – often falling below minimum wage. ...
Employment is high, skills are in demand. So why is pay still not rising? | Larry Elliott image
.... Tumbling oil prices had left inflation at zero and after a couple of years of falling unemployment, annual wage growth was nudging 3%. Rising real earnings translated into a feel-good factor that delivered a political dividend for the Conservatives. ...
Living standards in UK fall for the first time since 2014 image
Source : Guardian [Read Article] Wednesday 12th of April 2017 12:14:56 PM
....In the three months to February regular wages rose 2. 2%, marking the weakest pay growth since 2014, while earnings including bonuses rose 2. ...
Students face sharp rise in interest on tuition loans image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:02:18 AM
....The increase would mean a higher cost in interest charges before students had even graduated. After students leave university, interest rates are linked to earnings, which will rise up to 6. ...
UK needs immigration to keep service industries going, says ONS image
Source : Guardian [Read Article] Wednesday 12th of April 2017 10:50:16 AM
.... Those from western European EU countries, such as France and Germany, earn more – £12. 59 an hour on average – than UK national average earnings of £11. ...
UK wage growth slows as higher inflation starts to bite image
Source : BBC [Read Article] Wednesday 12th of April 2017 08:39:51 AM
....56 million in the three months to February, said the Office for National Statistics (ONS). Average weekly earnings including bonuses increased by 2. ...
Japanese snack giant Calbee hit by potato shortage image
Source : BBC [Read Article] Wednesday 12th of April 2017 05:58:07 AM
....5% on Tuesday. Both companies declined to comment whether there would be an impact on their upcoming earnings. ...
Developing nations' demands for better life must be met, says World Bank head image
....”. Kim added that he wanted a “win-win” outcome, where the trillions of dollars earning little interest were used to fund projects such as solar power and transport infrastructure. ...
Student loan interest rate set to rise by a third after UK inflation surge image
....”. However, the website pointed out that those who started university after September 2012 do not start repaying their loan until they are earning more than £21,000 a year, adding: “Unless you start off with a graduate salary of higher than £30,000, it’s unlikely you will pay off your full loan and interest before it’s wiped after 30 years anyway. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
.... In each case, his glib campaign slogans have run up against the hard reality of actually making policy. In all these areas, Trump is learning that he is hemmed in by the same constraints that led Barack Obama’s administration to make the choices it did. ...
UK inflation stays at three-year high of 2.3% image
Source : Guardian [Read Article] Tuesday 11th of April 2017 10:42:20 AM
....3% this time last year, bringing an abrupt end to a brief period when Britons enjoyed incomes rising in real terms, or faster than inflation. “Rising prices and sluggish pay increases mean that real earnings growth has now ground to a halt,” said the TUC general secretary, Frances O’Grady. ...
Universal Credit benefits changes 2017 – What the new rules mean for YOU image
Source : Daily Express [Read Article] Tuesday 11th of April 2017 09:09:00 AM
....From today this will fall to 63p for every pound earned. For example, if you are earning £16,000 a year and claim UC but do not get help with housing costs then you are £11,236 above the work allowance. ...
Toshiba files unaudited results and says future is in doubt image
Source : BBC [Read Article] Tuesday 11th of April 2017 08:33:57 AM
....Jan 2017: Toshiba says the unit that makes memory chips for smartphones and computers - NAND - will be split off so it can sell a slice to raise funds. Feb 2017: Toshiba delays reporting its Q3 earnings (Oct-Dec 2016). ...

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