Nearly 40% of businesses in the UK have deliberately abandoned their application for banking services in the past year due to slow due diligence processes, according to a new study.
Posted on 30th March 2020 .
Stock markets around the world saw their best day of trading for weeks on Tuesday as the US nears finalising a relief package worth $1.8 trillion.
Posted on 25th March 2020 .
The Bank of England has cut interest rates to their lowest level in history in the latest measure to stem the impact of Coronavirus.
Posted on 19th March 2020 .
The value of the pound has dropped to its lowest level in 35 years against the dollar, as investors continue to grow weary of the spread of Coronavirus.
Posted on 19th March 2020 .
Stock prices in the UK took another tumble today (Wednesday) despite the Chancellor’s £330 billion plus support package for businesses.
Posted on 18th March 2020 .
Carphone Warehouse has announced it will close all of its 531 standalone stores, resulting in nearly 3,000 job losses.
Posted on 17th March 2020 .
A key measure of volatility in stock markets, known as the “Fear Gauge”, has risen to record levels amid continued falls in share prices.
Posted on 17th March 2020 .
The new governor of the Bank of England has promised to take “prompt action again” to limit the damage to the economy caused by Coronavirus.
Posted on 16th March 2020 .
The world’s major stock markets have continued to fall sharply today (Monday) despite a co-ordinated effort to reassure investors by central banks.
Posted on 16th March 2020 .
Whitbread is bowing to investor pressure to spin-off its Costa Coffee subsidiary within two years.
Posted on 25th April 2018 .
UK economy was relegated to seventh place in the G7 league for 2017, but some hope was revealed in the latest data.
Posted on 23rd February 2018 .
The recent sell-off in stock markets seems to have occurred because of fears that the recent run of strong data on the US economy may precipitate more hikes in US interest rates than previously expected. Yesterday, the FED (US central bank) spoke, and the fears seem to have been confirmed.
Posted on 22nd February 2018 .
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