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....The Norwegian aluminium company Sapa is investing £9. 6m to reopen a mothballed plant in Bedwas, near Caerphilly, which it closed in 2014 because of tough market conditions and overcapacity. ... [Read full article on Guardian ]
Sunday 17th of September 2017 11:01:53 PM
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....The extreme funding conditions that arose in October 2008 were not anticipated, the FRC said. “HBOS did not expect market conditions to worsen and judged that it would be able to fund itself. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 09:26:11 AM
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....And here it is, the FRC’s definitive judgment: KPMG did nothing wrong. HBOS had not expected market conditions to deteriorate and thought it would be able to fund itself. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 02:52:10 PM
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Latest Finance News related to Market Condition

Watchdog clears KPMG in HBOS audit investigation image
Source : Guardian [Read Article] Tuesday 19th of September 2017 09:26:11 AM
....The extreme funding conditions that arose in October 2008 were not anticipated, the FRC said. “HBOS did not expect market conditions to worsen and judged that it would be able to fund itself. ...
South Wales aluminium factory to manufacture low-emission taxi image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
....The Norwegian aluminium company Sapa is investing £9. 6m to reopen a mothballed plant in Bedwas, near Caerphilly, which it closed in 2014 because of tough market conditions and overcapacity. ...
UK prices rising faster than wages as forecasters predict inflation at 2.8% image
Source : Guardian [Read Article] Monday 11th of September 2017 05:01:04 AM
....Business advisers BDO have warned that the rise in employment has not yet delivered higher productivity either. Peter Hemington, a partner at BDO, explained: “UK employment law is sufficiently elastic to give employers the comfort that they can flex workforces quickly as market conditions change. ...
Help-to-buy scheme aids some buyers, but boosts builders even more | Nils Pratley image
....After an improvement of a quarter in pre-tax profits to £315m, the company hiked its dividend by 70% and said there’s plenty left in the tank. Profits will rise to about £430m by 2020 and the dividend can be almost doubled again “subject to market conditions remaining unchanged”. ...
Doorstep lender Morses swipes customers from troubled rival Provident image
Source : Guardian [Read Article] Thursday 31st of August 2017 01:33:07 PM
....2m. Its chief executive, Paul Smith, said the firm had “capitalised on market conditions” and that its growth was based on “listening to our customers and adapting to their needs”. ...
Call for tougher checks on energy firms to prevent them from collapsing image
Source : Daily Express [Read Article] Sunday 20th of August 2017 07:50:00 AM
. They say that the regulator should be carrying out detailed, regular checks on the finances and business plans of energy companies to make sure that they are robust enough to survive volatile market conditions. ...
Cheers! Heineken toasts rise in half-year operating profit to £1.6 billion image
Source : Daily Express [Read Article] Tuesday 1st of August 2017 12:00:00 AM
....Chief executive Jean-Francois van Boxmeer said in a statement: "We delivered strong results in the first half year, with all four regions contributing positively to organic growth in volume, revenue and operating profit. "Europe delivered a good performance, momentum remained strong in Americas and Asia Pacific, and results improved in Africa Middle East & Eastern Europe despite continued difficult market conditions. ...
Guardian Media Group cuts losses by more than a third image
Source : Guardian [Read Article] Tuesday 25th of July 2017 08:00:00 AM
....The plan is for the newspaper operation to break even by April 2019. “Despite the challenging market conditions faced by all news organisations around the world, our three-year strategy is well on track to achieve its financial goals and to secure the future of the Guardian,” said Pemsel. ...
TNT parcels 'backed up to ceiling' in wake of massive cyberattack image
Source : Guardian [Read Article] Tuesday 25th of July 2017 05:34:00 AM
.... The maker of Durex condoms and Lysol disinfectants said the June cyberattack had interrupted output at many of its 60-plus factories, hobbling systems for everything from manufacturing to shipping. Reckitt Benckiser chief executive Rakesh Kapoor said: “We are experiencing tougher market conditions, and we still have work to do on addressing the full implications of the recent cyberattack. ...
Greece plans return to bond market as Athens sees end in sight to austerity image
....Speaking after the bond issue was announced, the EU’s economy commissioner, Pierre Moscovici, described the public spending cuts imposed on Greece since it almost went bust as “too tough” but “necessary”, adding there was now “light at the end of austerity”. Reuters reported that Greece had employed six banks – BNP Paribas, Bank of America Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs and HSBC – to act as joint lead managers for a five-year euro bond “subject to market conditions”. ...
Burberry's Bailey to get £10.5m in shares when he checks out as CEO image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:35:18 PM
....1m when he becomes president next month, following a year in which underlying profits fell by 21%. The chairman, Sir John Peace, said in his introduction to the annual report: “Since taking on the combined role of chief creative and chief executive officer, Christopher has made significant progress against a backdrop of challenging market conditions. ...
EY report: Scottish economy 'stuck in slow lane' image
Source : BBC [Read Article] Monday 5th of June 2017 11:23:30 PM
....However, manufacturing output is predicted to grow in line with the overall economy for the first time since 2013, as weaker sterling and a pick-up in global demand "ultimately provide a boost to exports". The item club said Scottish households were "likely to endure a fall in real incomes" this year as a result in part of rising inflation and "weak" labour market conditions. ...
Rise in housebuilding boosts construction sector in May image
Source : BBC [Read Article] Friday 2nd of June 2017 11:39:01 AM
...."A sustained rebound in residential building provides an encouraging sign that the recent a soft patch for property values has not deterred new housing supply," said Tim Moore, senior economist at IHS Markit. "Instead, strong labour market conditions, resilient demand and ultra-low mortgage rates appear to have helped boost work on residential development projects. ...
Ireland set to sell 25% of Allied Irish Banks image
Source : BBC [Read Article] Wednesday 31st of May 2017 10:46:21 AM
....50bn). Finance minister Michael Noonan said the progress made by AIB and current market conditions meant the time was right to start privatising the bank. ...
Signals mixed on US economy image
Source : BBC [Read Article] Tuesday 30th of May 2017 05:09:42 PM
....5% increase in March. The Consumer Confidence Index, which measures sentiment on business and labour market conditions, also declined 1. ...
Royal Dutch Shell sees profits jump as oil price rises image
Source : BBC [Read Article] Thursday 4th of May 2017 07:25:09 AM
....5bn. "We saw notable improvements in upstream and chemicals, which benefited from improved operational performance and better market conditions," Mr van Beurden said. ...
Sainsbury's warns of rising costs as profits fall 8.2% image
Source : BBC [Read Article] Wednesday 3rd of May 2017 06:27:59 AM
....The supermarket's chief executive Mike Coupe said Sainsbury's is trying not to pass on price increases to customers. But over the last year rising costs have hit profits, with tough market conditions set to continue. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....But the Tories say that their policy is different from one proposed by Labour under its former leader, Ed Miliband. "We would have [market watchdog] Ofgem setting the limit, so it would be a cap, so it would be more flexible, it would be able to reflect market conditions - so the market would still have an influence," the Work and Pensions Secretary, Damian Green, told ITV's Peston on Sunday. ...
Premium Bond winners to FALL in May: Savers warned as returns tumble image
Source : Daily Express [Read Article] Tuesday 4th of April 2017 04:21:00 PM
.... "Against the back drop of cash ISA rates halving since the Brexit vote in June, premium bonds are still attractive for their security and the prospect of winning a prize - if you are earning nothing on your cash, being in a prize draw with the small chance of a win still looks an attractive option compared to the returns on cash accounts. "Commenting on the cuts, Steve Owen, acting chief executive at NS&I, said: “The new rates reflect current market conditions and allow us to continue to strike a balance between the needs of our savers, taxpayers and the stability of the broader financial services sector. ...
Sydney property prices rise almost 20% in past 12 months image
Source : Guardian [Read Article] Monday 3rd of April 2017 03:08:56 AM
....54% over the same period. “Weaker economic conditions in states reliant on the mining industry, rising underemployment, weak wages growth and less favourable housing market conditions will drive delinquencies higher,” vice president and senior analyst Alena Chen said on Monday. ...
Government raises £11.8bn with Bradford & Bingley mortgage sale image
Source : Guardian [Read Article] Friday 31st of March 2017 09:15:51 AM
.... It expects the process to be concluded before the end of the 2017-18 fiscal year. “Any further sales will be subject to market conditions and ensuring value for money,” the Treasury said. ...
UK house prices slide for first time in almost two years, says Nationwide image
....“In itself, this wouldn’t perhaps be a negative trend, as a slowing down of prices coupled with the ongoing near record low mortgage rates available may provide a welcome opportunity for those who want to get on to or move up the property ladder to take advantage of the current climate. “Given that … home ownership levels are at their lowest since the mid-80s, then any market conditions which may assist more people to buy their own property could be seen as a positive development, rather than a cause for concern. ...
H&M to launch new 'more upmarket' fashion brand in London image
Source : BBC [Read Article] Thursday 30th of March 2017 02:45:31 PM
....H&M already operates a range of High Street brands including Cos, & Other Stories, Monki, Weekday and Cheap Monday. But the firm said market conditions were difficult for fashion retailers as digitisation is changing both shoppers' behaviour and the way fashion companies operate. ...
Foxtons sees property sales plunge as Brexit vote hits image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:06:35 AM
....7m. Mr Budden said the group had a clear strategy to tackle the challenging market conditions, saying he was confident the group would deliver "long term growth", and said he expected London to remain "a highly attractive property market for sales and lettings". ...
Snapchat goes public at $29bn and makes co-founders tech billionaires image
Source : Guardian [Read Article] Thursday 2nd of March 2017 04:27:48 PM
.... But Sir Martin Sorrell, chief executive of WPP, the world’s largest advertising company, called Snapchat “very important” and said: “I think it’s a defining moment in that it could well be the third force” against Google and Facebook. “The stock market conditions are good, there’s cash available on the sidelines so the market will welcome an offering like this,” said Josef Schuster, founder of IPOX Schuster, the index provider. ...
Mitie sells home healthcare business for £2 image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:35:09 AM
....8m in costs. In November, Mitie's half-year results showed a £100m loss, compared with a £45m profit a year earlier, which it blamed on "changing market conditions". ...
Qantas profits buffeted by competition headwinds image
Source : BBC [Read Article] Thursday 23rd of February 2017 01:43:50 AM
.... . The company did not give annual profit guidance as the short-term outlook remains subject to variable factors, including "oil price movements, foreign exchange movements and global market conditions". ...
UK house price growth at slowest rate in four years image
Source : Guardian [Read Article] Monday 20th of February 2017 07:01:30 AM
....Kevin Shaw, national sales director at estate agency Leaders, said: “Tempting as it may be, it’s never in the interests of a seller to set an asking price above what a property is really worth. Setting an accurate price, based on local market conditions, is crucial for achieving both a quick sale and the best possible price. ...
A stock market crash is a way off, but this boom will turn to bust | Larry Elliott image
.... This ratio is currently at about 29 and has only twice been higher: in 1929 ahead of the Wall Street Crash, and in the last frantic months of the dotcom bubble of the late 1990s. Already, reasons are being put forward for why Shiller’s metrics are not applicable to today’s market conditions. ...
New blow to 21 MILLION savers: National Savings axes Premium Bond prizes and rates image
....75 per cent from one per cent. Steve Owen, acting chief executive, NS&I, said: "The new rates reflect current market conditions and allow us to continue to strike a balance between the needs of our savers, taxpayers and the stability of the broader financial services sector. ...
Not so happy days: NS&I slashes premium bonds prize pot image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:02:57 PM
....com for 12 months. Steve Owen, NS&I’s acting chief executive, said: “The new rates reflect current market conditions and allow us to continue to strike a balance between the needs of our savers, taxpayers and the stability of the broader financial services sector. ...
Trump's bonfire of banking rules could burn us all | Nils Pratley image
Source : Guardian [Read Article] Monday 6th of February 2017 07:14:50 PM
.... Even many senior UK bankers are astonished by the apparent power of Wall Street’s lobbying machine. Michael O’Leary at Ryanair has a characteristically long list of complaints about current market conditions: the fall in sterling; Brexit-inspired uncertainty over the UK’s future in the European open-skies system; over-capacity; charter rivals switching capacity from Turkey, Egypt and North Africa into Spain and Portugal; and various supposed German stitch-ups including a “monopoly” at Berlin airport and a “duopoly” between Lufthansa and Air Berlin. ...
The high street is already under threat and now this... | Lucy Siegle image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:05:44 AM
....The system manages to be at once fiendishly complex and strangely binary. Instead of local authorities setting the rate (based on nuanced local market conditions, say), they are fixed values based on rentable space and surrounding commercial properties, doled out by central government. ...
Dooming stock markets are a warning sign for those with long memories image
Source : Daily Express [Read Article] Sunday 5th of February 2017 12:01:00 AM
.... . For old cynics like me, the sense of déjà vu is palpable, as market conditions increasingly resemble the 1990s technology bubble days. ...
Are you a serious buyer? Estate agents can now ask you to pay up to prove it image
.... The rationale, she says, was “to prevent unscrupulous agents from simply demanding monies from buyers for, say, removing a house from the market”. However, she says the code must adapt to market conditions, adding: “Where there are more buyers than properties, there is a heightened risk of gazumping, more failed transactions and more buyers left significantly out of pocket. ...
UK industry is on a roll – but inflation could send it on the slide | Larry Elliott image
....Firms have been hit by a double whammy: rising oil prices and a depreciation of the pound. Prudently-run companies will have hedged against changes in market conditions, but these hedges don’t last for ever. ...
Marmite maker: it was right to increase prices after Brexit vote image
Source : Guardian [Read Article] Thursday 26th of January 2017 02:20:25 PM
....“Our priorities for 2017 continue to be volume growth ahead of our markets, a further increase in core operating margin and strong cash flow,” Polman said. “The tough market conditions which made the end of the year particularly challenging are likely to continue in the first half of 2017. ...
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
....The company pays around £400m a year into its “defined benefit” scheme, which guarantees a pension based on a postal worker’s average salary over his or her lifetime, rather than what happens on the stock market. But the company said financial market conditions had deteriorated so much that the cost of keeping the plan fully open would balloon to £900m over the next few years. ...
Pound's flash crash 'was amplified by inexperienced traders' image
Source : Guardian [Read Article] Friday 13th of January 2017 01:19:04 PM
....The time of day meant that traders were less experienced in sterling markets. “Such individuals were likely to have had lower risk limits and risk appetite, and may have had less expertise in the suitability of particular algorithms for the prevailing market conditions,” the report said. ...
ILO warns of rise in social unrest and migration as inequality widens image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:00:07 PM
....7% in 2016, it predicted. Small improvements across developing and developed countries would not be enough to offset deteriorating labour market conditions in emerging – or middle-income – countries, it said. ...
US wage growth shows Trump will inherit solid labour market image
Source : Guardian [Read Article] Friday 6th of January 2017 03:07:43 PM
....co/1Y9cSWJUIB #JobsReport #BLSdata. Paul Ashworth, chief US economist at the consultancy Capital Economics commented: “The more modest 156,000 increase in non-farm payrolls in December suggests that labour market conditions weakened just a fraction in the closing stages of last year. ...
The Sun losses exceed £60m as ad slump and hacking charges take toll image
Source : Guardian [Read Article] Thursday 5th of January 2017 01:06:30 PM
.... The Sun scrapped its paywall in November 2015 after two years. “The main driver of this decline [in revenues] was the challenging market conditions for newspaper print advertising with double-digit declines currently common across the industry,” the company said. ...
London house prices rise less than UK average for first time since 2008 image
Source : Guardian [Read Article] Thursday 29th of December 2016 09:11:01 AM
....“Looking ahead to 2017, house price prospects will depend crucially on developments in the wider economy, around which there is a greater degree of uncertainty than usual,” he said. “Like most forecasters, including the Bank of England, we expect the UK economy to slow modestly next year, which is likely to result in less robust labour market conditions and modestly slower house price growth. ...
House price growth stable in 2016, says Nationwide image
Source : BBC [Read Article] Thursday 29th of December 2016 08:16:04 AM
.... . "Like most forecasters, including the Bank of England, we expect the UK economy to slow modestly next year, which is likely to result in less robust labour market conditions and modestly slower house price growth," he said. ...
UK house price growth will slow to 3% in 2017, say surveyors image
Source : Guardian [Read Article] Wednesday 21st of December 2016 06:30:10 AM
....4%. Robert Gardner, Nationwide’s chief economist, said: “Like most forecasters, including the Bank of England, we expect the UK economy to slow modestly next year, which is likely to result in less robust labour market conditions and modestly slower house price growth. ...
Berkeley Group boosts profits by 34% image
Source : Guardian [Read Article] Friday 2nd of December 2016 08:15:56 AM
....The group said it would change a five-year dividend plan announced prior to the EU referendum and would now return some of the cash through share buybacks and dividends. It said it had taken the step because the “current heightened macro uncertainty has led to significant market volatility and there is a dislocation between this and both underlying market conditions and the strength of Berkeley’s operating model”. ...
House price growth lowest for 10 months, says Nationwide image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:55:26 AM
....6% was recorded. Gardner said: “There are some signs that, despite the uncertain economic outlook, demand conditions have strengthened a little in recent months, reflecting the impact of solid labour market conditions and historically low borrowing costs. ...
House price growth slowest since January, says Nationwide image
Source : BBC [Read Article] Thursday 1st of December 2016 07:32:47 AM
....Nationwide said there were signs that demand for houses had picked up in the past few months. "There are some signs that, despite the uncertain economic outlook, demand conditions have strengthened a little in recent months, reflecting the impact of solid labour market conditions and historically low borrowing costs," said Robert Gardner, Nationwide's chief economist. ...
NS&I bond raises hopes of greater savings competition image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:59:53 AM
....2% interest, which will go on sale in the spring. The Treasury said this was the “indicative” rate, and added: “This may be adjusted to reflect market conditions when the product is launched. ...
Countrywide shares plummet as transactions fall image
Source : BBC [Read Article] Thursday 24th of November 2016 09:49:08 AM
....Countrywide's chief executive Alison Platt said the company was looking forward to working with government on the "consultation". "We have made good progress this year despite tough market conditions since the EU referendum," said chief executive Alison Platt. ...
Countrywide warns over profits amid housing slowdown image
Source : Guardian [Read Article] Thursday 24th of November 2016 08:56:50 AM
....Alison Platt, Countrywide’s chief executive, said there was nothing to suggest sales would pick up in the year ahead. “We don’t expect the market conditions for sales to change over the next year. ...
Mitie withdraws from healthcare as it issues second profit warning image
Source : Guardian [Read Article] Monday 21st of November 2016 09:37:09 AM
....McGregor-Smith said: “I made the decision [to leave] over a year ago and the board has been looking at succession. I have to do the job based on current market conditions. ...
Mitie issues profit warning as it reports £100m loss image
Source : BBC [Read Article] Monday 21st of November 2016 08:59:39 AM
....Outsourcing firm Mitie has issued another profit warning as it faces fresh hits from economic uncertainty and rising staff costs. The company's half-year results revealed a £100m loss, compared with a £45m profit a year earlier, which it blamed on "changing market conditions". ...
Barratt cuts price of £1m-plus London homes image
Source : Guardian [Read Article] Wednesday 16th of November 2016 08:13:21 AM
....One of Britain’s biggest housebuilders has started cutting prices on some of its most expensive London homes because of waning demand at the top end of the market. Barratt Developments said that although overall market conditions were healthy, it was proving more difficult to sell homes priced above £1m in the capital because of too much supply. ...
Sainsbury’s boss says suppliers should take hit over falling pound image
Source : Guardian [Read Article] Wednesday 9th of November 2016 09:08:09 AM
....Underlying pre-tax profit fell 10% to £277m and the supermarket cut its interim dividend to 3. 6p a share from 4p a year earlier against a backdrop of what Coupe said were “challenging market conditions”. ...
Oil giant BP sees profits nearly halve image
Source : BBC [Read Article] Tuesday 1st of November 2016 08:22:32 AM
...."Our investment plans and portfolio actions are focused firmly on reshaping Shell into a world-class investment case at all points in the oil-price cycle," said Mr van Beurden. "We are making good progress towards this aim in spite of current challenging market conditions. ...
Biffa cuts share price to secure London listing image
Source : BBC [Read Article] Monday 17th of October 2016 07:28:39 AM
....Last week, fitness chain Pure Gym blamed "market volatility" for its decision to abandon its London stock market flotation. Vehicle parts manufacturer TI Fluid Systems also cited "uncertain market conditions" for its decision to postpone its float. ...
TSB and Lloyds to slash interest rates on current accounts image
Source : Guardian [Read Article] Thursday 13th of October 2016 09:19:58 AM
.... Facing terrible rates from traditional savings accounts, consumers have moved their money into current accounts to take advantage. A Lloyds Banking Group spokesman said: “These changes follow a review of our full current account range, taking into consideration changing market conditions. ...
Pure Gym abandons share sale amid market volatility image
Source : BBC [Read Article] Tuesday 11th of October 2016 07:08:29 AM
....When companies sell shares for the first time on the stock market it is known as an initial public offering (IPO). "Given the challenging IPO market conditions, the board has decided not to proceed with a listing despite the strong interest shown by potential investors," said Humphrey Cobbold, chief executive officer of Pure Gym. ...
FTSE 100 soars as pound slides image
Source : BBC [Read Article] Tuesday 4th of October 2016 07:35:23 AM
.... Any figure above 50 indicates expansion. "Resilient housing market conditions and a renewed upturn in civil engineering activity helped to drive an overall improvement in construction output volumes for the first time since the EU referendum," said Tim Moore, senior economist at IHS Markit, which compiles the survey. ...
Closure of help-to-buy scheme confirmed by Philip Hammond image
Source : Guardian [Read Article] Thursday 29th of September 2016 12:34:28 PM
....The policy was scheduled to expire at the end of 2016, but mortgage lenders had called for it to be replaced, warning that its closure would push the first-time-buyer market back into decline. Hammond said the Bank of England’s financial policy committee had concluded that the decision to end the scheme “will be unlikely, in current market conditions, to affect significantly the provision of finance to prospective mortgagors, including high LTV [loan-to-value] borrowers”. ...
Sainsbury's sales slip as food prices continue to fall image
Source : BBC [Read Article] Wednesday 28th of September 2016 06:32:27 AM
....Shares in the group have fallen 9% over the past six months. John Ibbotson, director of retail consultancy Retail Vision, said Sainsbury's simpler pricing strategy and abolition of multi-buy promotions was "distinctly underwhelming" in the current brutal market conditions, but said Argos could help the firm. ...
Monarch airlines says flights operating as normal image
Source : BBC [Read Article] Monday 26th of September 2016 06:24:14 AM
....It said: "Our flights are operating as normal, carrying Monarch passengers as scheduled. "To weather tougher market conditions and to fund its ongoing growth, Monarch expects to announce a significant investment from its stakeholders in the coming days. ...
Offshore workers accept new pay deal image
Source : BBC [Read Article] Thursday 22nd of September 2016 02:30:42 PM
....Aberdeen-based Wood Group provides maintenance and construction to Shell and signed a three-year extension to its contract earlier this year. Dave Stewart, the company's eastern region chief executive, said: "We recognise that this has been a difficult period for everyone involved and we respect the workforce for accepting this revised proposal in relation to the current market conditions. ...
Help to Buy mortgage guarantee not needed, says Bank image
Source : BBC [Read Article] Thursday 22nd of September 2016 11:00:00 AM
....In a letter to Chancellor Philip Hammond, the Bank's governor Mark Carney said that closing the scheme as planned would not cause lending to dry up. "Given the decreasing usage of the scheme over time, the [Financial Policy] Committee judges that the closure of the scheme would be unlikely, in current market conditions, to affect significantly the provision of finance to prospective mortgagors, including high loan-to-value borrowers," he wrote. ...
Bonmarche sales damaged by sunshine image
Source : BBC [Read Article] Wednesday 21st of September 2016 07:16:40 AM
....Shares in the company slumped almost 22% on the news. It added: "We approach the beginning of the second half of the year facing considerable uncertainty as to market conditions. ...
Ford scales back Bridgend engine plant investment image
Source : BBC [Read Article] Tuesday 6th of September 2016 01:21:57 PM
....0-litre EcoBoost petrol engine - and anticipated changes in demand in Europe and other markets, we now expect the global volume of the new engines not to be as high as originally planned," said a spokesman. It said Bridgend's "flexible manufacturing capability" meant it could adjust rapidly to changing market conditions, "scaling production up or down to meet future changes in demand as required". ...
US consumers expect economy will keep improving image
Source : BBC [Read Article] Tuesday 30th of August 2016 03:42:51 PM
.... . "Consumers' assessment of both current business and labour market conditions was considerably more favourable than last month," Lynn Franco, the Conference Board's head of economic indicators. ...
Men's sales march Jimmy Choo higher image
Source : BBC [Read Article] Thursday 25th of August 2016 08:12:03 AM
....Despite a dip in pre-tax profits to £6. 6m, down from just over £20m last year, chairman Peter Harf said "challenging market conditions" meant the results were "impressive". ...
Co-operative Bank warns of Brexit impact image
Source : BBC [Read Article] Thursday 18th of August 2016 06:35:49 AM
....5bn hole in its finances. "Today's market conditions are challenging for all retail-focused banks and the macroeconomic uncertainty following the result of the EU referendum, including the likelihood of lower-for-longer interest rates, may restrict our ability to grow revenue in the short term," said chief executive Niall Booker. ...

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