‘EU desperately needs Britain’ Brussels urged to offer UK access to markets after Brexit

THE European Union must work with Britain to pursue further capital market unity after Brexit, researchers have said. Daily Express :: City and Business Feed  More...

by Steve | Published 4 mins ago
By Steve On Wednesday, June 28th, 2017
0 Comments

Euro falls as central bank says Mario Draghi’s upbeat economy speech was WRONG

THE euro has fallen from nine-month highs against the dollar, after the European Central Bank moved to downplay apparently optimistic economy comments made by its chief. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Will there be a credit crisis? Why the Bank of England is warning about consumer credit

THE Bank of England has raised the alarm over the rapid growth of consumer credit, especially credit card lending and car finance. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Mark Carney U-turn: Investment in Britain set to GROW amid Brexit, admits Bank chief

BANK of England chief Mark Carney has performed a stark u-turn over the outlook for Britain and admitted that investment in the economy is set to pick up as the UK leaves the European Union . Daily Express :: City More...

By Steve On Wednesday, June 28th, 2017
0 Comments

BREAKING: Tesco axes 1,200 jobs amid desperate bid to cut costs

SUPERMARKET giant Tesco is scrapping 1,200 jobs as part of a major drive to save money amid heated competition in the sector. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

BANK’S STARK WARNING: Britain heading for crash if lenders don’t rein in credit binge

BRITAIN could be heading towards another credit-fuelled economic crash as households rack-up debt at an alarming rate, the Bank of England has warned. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Sir Philip Green sold British Home Stores to avoid huge pension bill, says regulator

SIR PHILIP GREEN sold British Home Stores to avoid liability for the pension scheme should the firm go bust, a regulator has said. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Pound V euro: GBP uneasy against EUR ahead of Bank of England Financial Stability Report

ANTICIPATION ahead of the launch of the Bank of England Financial Stability Report has helped push the GBP/EUR exchange rate down -0.3 per cent to €1.133. Daily Express :: City and Business Feed  More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Bank of England orders lenders to hold another £11BILLION amid Brexit and economy risks

BANKS must hold another £11.4 billion across their balance sheets to protect themselves against a wide range of risks that could trigger another financial crisis, the Bank of England has confirmed today. Daily More...

By Steve On Wednesday, June 28th, 2017
0 Comments

Rio Tinto backs bid from Chinese-backed Yancoal for its coal mines

RIO Tinto has turned down an offer of $ 2.675million for its coal mines in Australia from FTSE 100 rival Glencore in favour of a bid from Chinese-backed Yancoal. Daily Express :: City and Business Feed  More...