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....Nonetheless, the regional analysis was supported by a separate exercise that looked at the impact on particular industrial sectors. “With tariffs imposed on British goods at the levels currently faced by non-EU states, industries at risk of being hit by the highest duties will be agriculture, forestries and fishing; mining and quarrying; and manufacturing,” it said. ... [Read full article on Guardian ]
Sunday 26th of March 2017 11:01:43 PM
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...."While we welcome this news, Samsung must share as soon as possible more detailed timelines on when it will implement its promises, as well as how it intends to change its production system to make sure this never happens again," said Greenpeace East Asia campaigner Jude Lee. Samsung said it would have to liaise with "regulatory authorities and carriers" and measure local demand before determining where and when refurbished handsets would be released. ... [Read full article on BBC ]
Monday 27th of March 2017 05:38:47 PM
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.... The research described suggestions that the UK could walk away with no deal as “simply unacceptable to an industry that accounts for 45% of all UK exports”. Terry Scuoler, chief executive of EEF, added: “Undermining the building blocks of this relationship [with the EU] – the single market and the customs union – without any other supportive structure in place would undoubtedly hurt our industry and condemn us to a painful and costly Brexit. ... [Read full article on Guardian ]
Monday 27th of March 2017 05:01:00 AM
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...." Bank stocks were among those hit as traders pared back hopes of deregulation in the US. "A triple whammy of strength in the pound and falling bank and mining stocks sent the FTSE 100 to its lowest in a month," Mr Lawler said. ... [Read full article on BBC ]
Monday 27th of March 2017 08:11:23 AM
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.... Interest rates in Italy, Spain and Portugal fell by about five percentage points, and in Greece by roughly 20 percentage points. The cheap foreign credit brought about by the euro enabled these countries’ governments and construction sectors to raise wages faster than productivity increased, thereby pushing up prices and undermining the competitiveness of their manufacturing sectors. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 03:26:12 PM
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....He has found himself in the spotlight this week after volunteering to speak to the Senate Intelligence Committee about meetings with Russian officials, as alleged ties between the Trump team and Moscow continue to dog the president. The committee is examining Russia's alleged interference in last year's election. ... [Read full article on BBC ]
Wednesday 29th of March 2017 09:18:20 AM
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.... Morrison has no shortage of advice from those on his side of politics such as former Howard government adviser, Niki Savva, who this week suggested the way to tackle housing affordability was to dump the $40bn worth of company tax cuts and instead cut income taxes. If there is one reason to have sympathy for Morrison it is that the conservative side of both politics and the media still believe that the style of budgets delivered by Howard and Costello during a mining boom remain good politics and policy. ... [Read full article on Guardian ]
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Latest Finance News related to Mining

Jared Kushner's family firm ends investment talks with China's Anbang image
....He has found himself in the spotlight this week after volunteering to speak to the Senate Intelligence Committee about meetings with Russian officials, as alleged ties between the Trump team and Moscow continue to dog the president. The committee is examining Russia's alleged interference in last year's election. ...
Trump is wrong to criticise Germany over trade – he should look closer to home image
.... Interest rates in Italy, Spain and Portugal fell by about five percentage points, and in Greece by roughly 20 percentage points. The cheap foreign credit brought about by the euro enabled these countries’ governments and construction sectors to raise wages faster than productivity increased, thereby pushing up prices and undermining the competitiveness of their manufacturing sectors. ...
Samsung plans to relaunch refurbished Note 7 devices image
Source : BBC [Read Article] Monday 27th of March 2017 05:38:47 PM
...."While we welcome this news, Samsung must share as soon as possible more detailed timelines on when it will implement its promises, as well as how it intends to change its production system to make sure this never happens again," said Greenpeace East Asia campaigner Jude Lee. Samsung said it would have to liaise with "regulatory authorities and carriers" and measure local demand before determining where and when refurbished handsets would be released. ...
FTSE 100 falls as pound jumps against dollar image
Source : BBC [Read Article] Monday 27th of March 2017 08:11:23 AM
...." Bank stocks were among those hit as traders pared back hopes of deregulation in the US. "A triple whammy of strength in the pound and falling bank and mining stocks sent the FTSE 100 to its lowest in a month," Mr Lawler said. ...
UK manufacturers tell May no EU deal is 'simply unacceptable' image
Source : Guardian [Read Article] Monday 27th of March 2017 05:01:00 AM
.... The research described suggestions that the UK could walk away with no deal as “simply unacceptable to an industry that accounts for 45% of all UK exports”. Terry Scuoler, chief executive of EEF, added: “Undermining the building blocks of this relationship [with the EU] – the single market and the customs union – without any other supportive structure in place would undoubtedly hurt our industry and condemn us to a painful and costly Brexit. ...
Parts of UK that voted for Brexit may be hardest hit, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....Nonetheless, the regional analysis was supported by a separate exercise that looked at the impact on particular industrial sectors. “With tariffs imposed on British goods at the levels currently faced by non-EU states, industries at risk of being hit by the highest duties will be agriculture, forestries and fishing; mining and quarrying; and manufacturing,” it said. ...
Why Scott Morrison needs to ignore armchair treasurers before the budget | Greg Jericho image
.... Morrison has no shortage of advice from those on his side of politics such as former Howard government adviser, Niki Savva, who this week suggested the way to tackle housing affordability was to dump the $40bn worth of company tax cuts and instead cut income taxes. If there is one reason to have sympathy for Morrison it is that the conservative side of both politics and the media still believe that the style of budgets delivered by Howard and Costello during a mining boom remain good politics and policy. ...
Brexit could damage UK's fight against corruption, says OECD image
Source : Guardian [Read Article] Thursday 23rd of March 2017 10:07:05 AM
....“The controversial limited partnership status, or so-called ‘shell’ companies, in Scotland appears to be vulnerable for misuse in money-laundering and corruption schemes,” the report said. “This has prompted Scottish politicians to suggest that the murky nature of such arrangements is undermining Scotland’s reputation as a place to do legitimate business. ...
The last call for savers to cash in on tax relief image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 12:01:00 AM
.... . Steven Cameron, pensions director at insurer Aegon, said any cuts would hit savers hard: “The Chancellor may view pension tax relief as a soft target to balance the Government’s books, but risks undermining the country’s long-term savings. ...
Police to examine 'Global Laundromat' money laundering allegations image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:33:29 PM
....Fraud investigators have launched a review of the activities of Britain’s high street banks following revelations in the Guardian about a $20bn money laundering scam that MPs described as a national disgrace and scandal. Forced to answer urgent questions in the House of Commons, the Treasury minister Simon Kirby announced the Financial Conduct Authority (FCA) and the National Crime Agency (NCA) would be examining allegations that Britain’s banks processed vast amounts of tainted money from Russian criminals without noticing. ...
Google apologises after ads appear next to extremist content image
Source : BBC [Read Article] Monday 20th of March 2017 10:09:41 AM
....The Times said that rape apologists, anti-Semites and hate preachers were among those receiving payouts. There are two difficult issues for Google here - spotting videos that are illegal and should be removed from YouTube, and determining which are legal but not suitable for advertising. ...
Netflix and Tesla overrated? Yes, in this mad, mad world image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:01:32 AM
....The good news is that despite the FTSE 100 hitting new records, a lot of fund managers regard it as cheap or fair value, and certainly not excessively priced like Wall Street. Much of the run-up in the FTSE has been down to the mining and resources companies, which have benefited because of the fall in sterling. ...
Stock markets soar across Europe as FTSE clocks up new high image
Source : Guardian [Read Article] Thursday 16th of March 2017 06:58:16 PM
....Amsterdam’s stock index jumped to a nine-year high after the Dutch prime minister, Mark Rutte, successfully fought off the challenge of the populist Geert Wilders. His victory helped to buoy shares in other European markets as it allayed fears of a tide of nationalist sentiment spreading across the continent, undermining the eurozone and its economy. ...
Rupert Murdoch's Sky bid to be investigated by UK regulator image
Source : Guardian [Read Article] Thursday 16th of March 2017 11:35:05 AM
....Murdoch critics have called for the bid to be blocked. Rival broadcasters are expected to lodge complaints and make representations in the UK and Europe – the European commission is also examining the deal – after expressing concerns that a Fox/Sky combination will dominate bidding for top-flight sport, TV shows and movies. ...
Anglo American soars as billionaire buys 12% stake image
Source : BBC [Read Article] Thursday 16th of March 2017 09:20:01 AM
....2% to 878p. Other mining companies including Antofagasta, Fresnillo, BHP Billiton and Randgold Resources also posted strong gains to help lead the London market to a new record high on Thursday. ...
Ian and Greg Chappell call on Adani to abandon Carmichael mine project image
Source : Guardian [Read Article] Thursday 16th of March 2017 01:46:56 AM
....One of Australia’s foremost experts on the reef, Terry Hughes, has also called for the scrapping of the Adani mine, saying it could potentially compound risks to the reef in its weakened state. Palaszczuk said last month the meeting in India with the mining company would be “critical ahead of Adani making its final investment decision in April”. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
....Trump’s rolling back of fuel efficiency standards is set to be followed by further actions to dismantle climate policies enacted by Obama. The administration is set to lift a moratorium on coalmining on federal land and start to unpick various climate rules, including the Clean Power Plan, which imposes emissions limits on the states. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
.... . The government is examining adding "critical national infrastructure" such as nuclear power plants to the list. ...
EU workplace headscarf ban 'can be legal', says ECJ image
Source : BBC [Read Article] Tuesday 14th of March 2017 11:08:02 AM
....That won't do - the court ruled that any ban could not be based on "subjective considerations" such as the preferences of an individual customer. "The willingness of an employer to take account of the wishes of a customer no longer to have the services of that employer provided by a worker wearing an Islamic headscarf cannot be considered a genuine and determining occupational requirement," the court said. ...
Top executives may be brilliant – but their pay's about timing and luck image
.... Luck and timing are baked into long-term incentive schemes, or Ltips. That is especially true in a feast-or-famine business like mining. ...
Anglo American caps bonus payouts after shareholder revolt image
Source : Guardian [Read Article] Monday 13th of March 2017 05:16:47 PM
....More than 40% of its shareholders voted against its pay deals last year and the company is issuing its pay schemes this year at a time of renewed scrutiny over directors’ bonuses following Theresa May’s pledge to clamp down on corporate excess. The mining company’s share price has formed a V-shape in the past two years, falling from £11. ...
UK shares lifted by takeover news image
Source : BBC [Read Article] Monday 13th of March 2017 09:09:59 AM
....". The benchmark FTSE 100 closed 24 points higher at 7,367, with mining shares helping to pull the index higher after the price of copper and gold rose. ...
Wood Group agrees takeover of rival Amec Foster Wheeler image
Source : BBC [Read Article] Monday 13th of March 2017 08:32:01 AM
.... . Wood Group hopes to cut £110m in costs from the combined business, which will provide services to the oil and gas, chemicals and mining sectors. ...
UK average annual rents fall for first time in six years image
Source : Guardian [Read Article] Monday 13th of March 2017 06:00:24 AM
.... However the location with the biggest percentage price rise over the past 12 months is Merthyr Tydfil, normally a byword for property depression. Homes in the former mining town have jumped in price by 12. ...
No-deal Brexit 'would put UK in worst trading position of rich nations' image
.... “Understand, it’s a contingency plan – the aim is to get a good outcome,” he said. Liam Fox, the international trade secretary, said his department was setting up a committee specifically tasked with examining what might happen if there were no EU deal. ...
Ivy restaurant spin-off accused of hogging service charge image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:08:46 PM
.... The union estimates that ordinary waiting and kitchen staff could be receiving less than half of the service charge. After examining accounts for the group’s Chelsea Grill restaurant, Unite said the restaurant took about £1m in service charges while total wages and salaries, including the “commission” handed out by the company, were £2. ...
Self-employed? See if you'll pay more in national insurance image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:28 AM
.... It is expected that the government will produce a paper in the autumn setting out NI changes, which will look “potentially at what new rights could be given to people who are self-employed”. This is likely to follow the publication of a review into modern employment practices which is examining how the “gig economy” and temporary contracts are making work more precarious for millions at companies such as Hermes, Deliveroo and Uber. ...
Road tax rises image
Source : BBC [Read Article] Friday 10th of March 2017 10:07:22 PM
....But for cars registered on or after 1 April 2017 there will be a first year of charges linked to carbon emissions. After that there will be three bands - zero, standard and premium - determining how much you will pay as a car owner each year. ...
US interest rate rise almost certain after bumper jobs growth image
Source : Guardian [Read Article] Friday 10th of March 2017 06:15:58 PM
.... Its estimated figures are usually high – this time they were more than 60,000 jobs north of the actual figures – but its breakdown of the statistics is widely respected and caused analysts who had predicted some slowdown to revise figures upward. Trump’s supporters continue to watch for the president to make good on his promise to bring back US manufacturing jobs, which were up for the month: other drivers of growth were construction, private educational services, manufacturing, healthcare and mining. ...
Uber stops using Greyball 'secret program' to dodge regulators image
Source : BBC [Read Article] Thursday 9th of March 2017 05:21:32 AM
....Mr Sullivan said that because of the way the system was configured, it would take some time to ensure the prohibition was fully enforced. Greyball identified regulators posing as ordinary passengers, by collecting data on the location used when ordering a taxi and determining whether this coincided with government offices. ...
Horses for courses image
Source : BBC [Read Article] Thursday 9th of March 2017 12:54:11 AM
.... Projects she has been involved in include working out the marketability of an aeroplane prototype, and advising the Puerto Rican government. Some 1,200 miles (2,000km) north of Florida, Schulich Business School in Toronto, Canada, offers a 16-month MBA in global mining. ...
Self-employed hit by national insurance hike in budget image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:24:49 PM
.... New data published by the Office for Budget Responsibility showed that a previous increase in dividend taxes resulted in much of the benefit falling to “just 100 individuals who were able to withdraw dividends averaging £30m each from their companies before the higher tax rate took effect”. The new NI policy was welcomed by the Resolution Foundation, a living standards thinktank, which said: “These tax differences are actually driving the big increase in self-employment we’ve seen in recent years, which in turn is undermining the taxman’s ability to get revenues in. ...
Budget: Money for robots, cars and 5G image
Source : BBC [Read Article] Wednesday 8th of March 2017 02:04:53 PM
...."Robotics and AI is set to be a driving force in increasing productivity, but also in solving societal and environmental challenges," commented Dr Sabine Hauert from the University of Bristol. "It's opening new frontiers in off-shore and nuclear energy, space and deep mining. ...
Yellow taxis 'have lower accident rate than blue ones' image
Source : BBC [Read Article] Tuesday 7th of March 2017 09:03:24 AM
...."Although there is anecdotal evidence on higher accident rates for dark-coloured vehicles, few studies have empirically established a strong causal link between colour and accident risk," said Professor Ho Teck Hua of the National University of Singapore, who led the research. "The findings of our study suggest that colour visibility should play a major role in determining the colours used for public transport vehicles. ...
Snap slides as Wall Street ends lower image
Source : BBC [Read Article] Monday 6th of March 2017 11:51:47 PM
....Wall Street closed lower - the second time in the past three trading days it has done so. Banks gave back some of their recent gains, while mining and chemical companies declined after China cut its economic growth forecast. ...
Why are black cabs being tested in the Arctic Circle? image
Source : BBC [Read Article] Monday 6th of March 2017 05:04:49 PM
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Related to :
Hammond urged to tackle 'catastrophic' effect of rising inflation image
Source : Guardian [Read Article] Monday 6th of March 2017 01:13:37 PM
....The group is calling on the chancellor to reverse cuts to universal credit – inherited from the previous Tory administration – that were part of the reason that Iain Duncan Smith resigned as work and pensions secretary. Bell said the money could be found without undermining public finances by stopping planned reductions to inheritance, corporation and income tax worth billions of pounds because they “overwhelmingly benefit better-off households”. ...
FTSE 100 down despite Standard Life boost image
Source : BBC [Read Article] Monday 6th of March 2017 09:00:40 AM
. The London stock market closed lower as falling mining shares outweighed news of a fund management merger. ...
Ending free movement from EU is no 'quick fix' for low wages, Lords say image
....Ending free movement from Europe post-Brexit may not deliver a meaningful cut in net migration or provide a “quick fix” for low wages, a House of Lords report has warned. Ministers are examining the options to introduce controls on EU immigration. ...
Snap and Sorrell are wrong: powerful bosses can become untouchable insiders image
.... In more recent years, the FTSE 100 index has seen ENRC, straight out of Kazakhstan and “more Soviet than City”, according to one non-executive director who was ejected from the boardroom as the dominant shareholders asserted control. Or try Bumi, a Nat Rothschild mining creation that descended into shambles and infighting in Indonesia. ...
Uber uses 'secret program' Greyball to hide from regulators image
Source : BBC [Read Article] Saturday 4th of March 2017 10:53:15 AM
....The New York Times said existence of the Greyball program was confirmed by four current and former Uber employees, who were not named. Greyball identified regulators posing as ordinary passengers, by collecting data on the location used when ordering a taxi and determining whether this coincided with government offices. ...
UK’s star fund manager aims to win over the older savers market image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:00:08 AM
....But with the FTSE 100 at a record high (and Wall Street even higher) aren’t shares expensive right now? “The UK market is polarised between very overvalued and very undervalued stocks. Many domestic stocks have performed very poorly,” he says, pointing to the retailer Next’s collapse from £80 a share in October 2015 to £38 today, and the contrast with Glencore and Anglo American, two mining stocks that have soared. ...
Bitcoin value tops gold for first time image
Source : BBC [Read Article] Friday 3rd of March 2017 01:16:15 AM
.... Yet like all currencies its value is determined by how much people are willing to exchange it for. To process Bitcoin transactions, a procedure called "mining" must take place, which involves a computer solving a difficult mathematical problem with a 64-digit solution. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
.... Here in California, some are hysterically calling for the entire state to become an immigration sanctuary; there is even talk of secession. Senate Democrats, for their part, worked hard to delay approval of Trump’s cabinet nominations, undermining further the administration’s functioning. ...
Wall Street stocks rise after Trump's corporate tax cut promises image
Source : Guardian [Read Article] Wednesday 1st of March 2017 06:42:20 PM
.... Now that cash is being put to work and pushing the market up,” he said. Banking stocks were among the biggest risers alongside defence contractors and firms in a position to benefit from rising infrastructure spending, like the construction and mining equipment maker Caterpillar, which has seen a near-60% rise in its share price over the last year. ...
AG Barr to halve sugar content in Irn Bru image
Source : BBC [Read Article] Wednesday 1st of March 2017 10:32:12 AM
.... . "That said, we have taken the soft drinks sugar tax thresholds into account when determining the levels of sugar reduction, but never compromising on taste. ...
Australia goes 25 years without recession image
Source : BBC [Read Article] Wednesday 1st of March 2017 02:18:44 AM
.... . Iron ore and coal are Australia's biggest exports and reduced demand from China has cooled a mining boom and hurt the Australian economy. ...
Australia avoids recession as GDP grows 1.1% in December quarter image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:43:59 AM
....“In the second half of last year the economy grew by just 0. 6% and we know that the collapse in mining investment has further to go,” he said. ...
‘Shell knew’: oil giant's 1991 film warned of climate change danger image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:45:19 AM
....“They knew. Shell told the public the truth about climate change in 1991 and they clearly never got round to telling their own board of directors,” said Tom Burke at the green thinktank E3G, who was a member of Shell’s external review committee from 2012-14 and has also advised BP and the mining giant Rio Tinto. ...
'I never felt it was mine' image
Source : BBC [Read Article] Monday 27th of February 2017 12:17:45 AM
....". Born and raised in a coal mining village near Bishop Auckland, County Durham, Mr Elliott and his two brothers were brought up by their mother and grandparents after his father died when he was six months old. ...
Child-induced fatigue costs economy dear, says new study image
Source : Guardian [Read Article] Saturday 25th of February 2017 09:22:57 PM
.... Until now. In the first study of its kind, Joan Costa-i-Font and Sarah Flèche, of the Centre for Economic Performance at the London School of Economics and Political Science, have found that baby-induced fatigue is significantly undermining economic performance. ...
Were YOU mis-sold your pension? Prudential and Standard Life review annuity sales image
Source : Daily Express [Read Article] Saturday 25th of February 2017 01:13:00 PM
.... Data from provider Hargreaves Lansdown shows that around six out of ten people will typically qualify for an enhanced annuity. Prudential said it is examining sales of non-advised annuities and looking at whether they could have received a higher income for itself or another provider. ...
The truth about falling gas prices image
Source : Guardian [Read Article] Saturday 25th of February 2017 06:59:05 AM
.... How could it press release 5% cuts then raise the unit price by 28. 9%? Its initial response was to sound rather puzzled and promise a response after examining his bill. ...
Government pension scheme begins ditching oil and gas investments image
Source : Guardian [Read Article] Friday 24th of February 2017 10:21:26 AM
....”. Sectors where Nest/UBS will be investing less than they would otherwise include mining, oil and gas, beverages, aerospace and defence, travel and leisure, and food production. ...
Business rates: pressure grows for total rethink on controversial tax image
Source : Guardian [Read Article] Thursday 23rd of February 2017 05:43:01 PM
....Fischel added that the core issue was that the multiplier – which determines what proportion of a property’s value is charged for business rates – is too high at 48p in the pound and the government needs to develop a long-term plan to bring it down to a level competitive with international peers. He also said the government needed to come up with a “fair” way of determining the appropriate rateable value for “sheds masquerading as shops”. ...
Business rates: this toxic row will return unless we find a fairer alternative | Nils Pratley image
....5% fall in the share price was overdue. The mining industry’s new problem is how to distribute the spoils of the rebound in commodity prices. ...
Betting turf war is torpedoing efforts to help problem gamblers image
Source : Guardian [Read Article] Tuesday 21st of February 2017 07:00:02 AM
....Problem gambling experts have criticised rival factions of the betting industry for waging a “selfish” war of words to protect their own interests amid the threat of tighter regulation. The UK’s leading gambling charity also warned that a “narrow” focus on controversial fixed-odds betting terminals (FOBTs), potentially ignoring online betting and fruit machines in pubs, amusement arcades and casinos, risks undermining efforts to help addicts. ...
Driverless trucks: economic tsunami may swallow one of most common US jobs image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:00:02 PM
....Otto is by no means alone. Massive automated vehicles are already commonly used to move materials for the Australian mining industry. ...
Markets hit new highs over Trump's change of tone on Japan and China image
Source : Guardian [Read Article] Monday 13th of February 2017 06:01:07 PM
.... The index has been supported by signs that the UK economy has so far avoided the worst predictions made ahead of the Brexit vote. Elsewhere, mining shares were among the biggest gainers as metal prices moved higher, partly on the expected benefits of Trump’s promised infrastructure spending plans and partly on recent positive figures from the Chinese economy, including a better than expected 7. ...
Donald Trump is undermining the fight against corruption image
Source : Guardian [Read Article] Sunday 12th of February 2017 03:25:57 PM
....What’s happened is this. Both houses of Congress have voted to gut a law that would have forced US oil, gas and mining companies to disclose their royalty, licensing and other payments to foreign governments. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
.... There are moving companies specialising in evictions, their crews working all day, every weekday. There are hundreds of data-mining companies that sell landlords tenant-screening reports listing past evictions and court filings. ...
Surge in smartphone shopping expected over next four years image
Source : Daily Express [Read Article] Friday 10th of February 2017 12:00:00 AM
.... Contextual commerce will enable consumers to buy things at the point of discovery - whether that's in an email, on a Pinterest page or in a messenger app - rather than needing to click through to an online shop," Mr Harper said. "Mobile technology is determining the future of e-commerce, and retailers need to act now to prepare themselves accordingly. ...
Electric cars and cheap solar 'could halt fossil fuel growth by 2020' image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:01:22 AM
....Polluting fuels could lose 10% of market share to solar power and clean cars within a decade, the report by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative found. A 10% loss of market share was enough to cause the collapse of the coal mining industry in the US, while Europe’s five major utilities lost €100bn (£85bn) between 2008 and 2013 because they did not prepare for an 8% increase in renewables, the report said. ...
Deutsche Bank pulls out of coal projects to meet Paris climate pledge image
Source : Guardian [Read Article] Wednesday 1st of February 2017 03:41:56 AM
....Deutsche Bank, the biggest bank in Germany, has said it will stop financing coal projects as part of its commitments under the Paris agreement to tackle global warming. “Deutsche Bank and its subsidiaries will not grant new financing for greenfield thermal coal mining and new coal-fired power plant construction,” it said in a statement. ...
Retreat from globalisation will destabilise the world economy | Mohamed El-Erian image
....But there have been other lapses, too. For example, political obstacles to comprehensive economic policymaking in many advanced economies have undermined the implementation of structural reforms and responsive fiscal policies in recent years, holding back business investment, undermining productivity growth, worsening inequality, and threatening future potential growth. ...
This belated Tory conversion to industrial strategy is tragic image
Source : Guardian [Read Article] Sunday 29th of January 2017 06:59:17 AM
.... And my old friend Ken Clarke constitutes an even tinier minority, being reportedly the only Tory intending to vote against article 50, although a lot more of his fellow Tories are said to agree with him privately. As for the Labour party, it is running scared of Ukip, especially in the north, but at least more than one Labour MP is prepared to stand up and be counted, in the belief that the national interest should be put above prejudice against immigrants in determining the country’s future. ...
UK's super rich appear to get special deal from HMRC, says watchdog image
Source : Guardian [Read Article] Friday 27th of January 2017 12:01:11 AM
....Britain’s wealthiest people appear to get preferential treatment from HM Revenue & Customs and are not being properly pursued for outstanding tax bills, parliament’s spending watchdog has concluded. HMRC’s failure to clamp down on rich tax dodgers is undermining confidence in the whole system, the public accounts committee said. ...
BT shareholders will remember profit warning for years | Nils Pratley image
Source : Guardian [Read Article] Tuesday 24th of January 2017 05:47:06 PM
....The annual reports of the past two years describe how “full-scope audit work” was conducted in Italy, including visits in each year by the auditors PricewaterhouseCoopers. What went wrong? Why were two different teams of forensic accountants needed to get the full story? It is not only BT’s remuneration committee that should be examining “the wider implications” – so should the audit committee. ...
Ticket touts rebrand as investigations put them in spotlight image
Source : Guardian [Read Article] Monday 23rd of January 2017 03:16:42 PM
....Moves among touts to alter their public profiles follow increased scrutiny, including an inquiry by the Competition and Markets Authority (CMA) into whether they are breaking the law by failing to disclose their identity on ticket resale sites. HM Revenue & Customs (HMRC) is also examining the industry after MPs on the Commons culture, media and sport select committee demanded an inquiry into touts’ tax affairs. ...
Can post-Brexit London survive as Europe's cultural and financial capital? image
.... But the future is uncertain, and depending on the UK’s future status in the EU, its leadership role risks being lost. London-based institutes have been at the forefront not only of undertaking research, but also of shaping strategies and determining funding competitions. ...
If Brexit Britain is to survive, Theresa May must get industry right | Matthew d’Ancona image
.... In this regard, Clark has been much influenced by the speeches of Andy Haldane, chief economist at the Bank of England, who has addressed himself to the significant impact that targeted action can make upon the efficiency of production. Intriguingly, ministers have also been examining the achievements of sports technology, and the extent to which (for instance) tiny changes in technique, uniform and engineering in cycling have yielded Olympic golds. ...
Can credit unions finally provide a truly ethical current account? image
Source : Guardian [Read Article] Saturday 21st of January 2017 06:59:28 AM
.... It is offering £110 to people who move to its no-monthly fee current account via the industry’s switching service (which involves closing your old account) and port over at least four active direct debits. However, the website of the Move Your Money campaign, which wants a banking system “that helps to build and support a just and sustainable society rather than undermining it”, only gives the Co-op a score of 51 out of 100. ...
Mining firm hopes to extract lithium from Cornwall's hot springs image
Source : Guardian [Read Article] Thursday 19th of January 2017 11:00:43 AM
. It is known across the world for its proud tin mining tradition but plans have been announced to try to extract a different metal from beneath Cornwall’s craggy landscape – lithium. ...

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