By Tara Evans PUBLISHED: 06:14 EST, 21 May 2012 | UPDATED: 16:26 EST, 21 May 2012 The squeeze on people’s spending power continued in April, with wages rising at the slowest pace for more than a year and by less than half as fast as the price of essential items. The official rate of inflation [...]
Archive for finance news
Shell ‘must act on oil spills’ in a Niger Delta, contend campaigners
By Rob Davies PUBLISHED: 16:22 EST, 20 May 2012 | UPDATED: 16:22 EST, 20 May 2012 Shell is nutritious uninformed reputational repairs over a purpose in oil spills in a Niger Delta,ahead of a annual assembly tomorrow. Campaign organisation Amnesty International has enlisted actor Hakeem Kae-Kazim,star of TV array 24 and a film Hotel Rwanda, [...]
Retailers strike by Apr showers as high travel sales see misfortune decrease given Nov 2009
By Daily Mail Reporter PUBLISHED: 16:24 EST, 20 May 2012 | UPDATED: 16:24 EST, 20 May 2012 Incessant sleet during Apr kept consumers at home causing Britain’s high streets to knowledge a misfortune decrease in shopper numbers given Nov 2009, according to a news by a British Retail Consortium. The joyless information precedes full-year sum tomorrow [...]
Vodafone staid to net £8bn from Verizon Wireless venture
By Jon Rees PUBLISHED: 15:56 EST, 19 May 2012 | UPDATED: 15:56 EST, 19 May 2012 Vodafone arch executive Vittorio Colao is approaching to indicate to a intensity $13 billion (£8.2 billion) of destiny gains from a US corner try Verizon Wireless when he unveils increasing full-year increase from a mobile phone hulk this week. Verizon Wireless, [...]
SURVIVING THE EURO SHOCK: Britons rush to embankment euros…but some will buy a half-price holiday home
By Richard Dyson And Jo Thornhill PUBLISHED: 15:56 EST, 19 May 2012 | UPDATED: 15:56 EST, 19 May 2012 ‘Lucky’: Christine and John Watson, with Bonnie, left, and Ruby, got the asking cost for their atmospheric French home in Poilhes on a Canal du Midi Britons are switching record sums between pounds and euros as [...]
Facebook’s IPO closes only 23 CENTS more than expected opening price
By Rob Cooper and Beth Stebner PUBLISHED: 16:40 EST, 18 May 2012 | UPDATED: 16:40 EST, 18 May 2012 Facebook’s much-hyped initial public offering fell flat by closing bell, finishing at only 23 cents more than its expected opening price. Millions of new investors will be wary come next week amid fears as the $104billion [...]
ALEX BRUMMER: Euro exit for Athens should means hardly a sputter in terms of large write-offs for British banks
By Alex Brummer PUBLISHED: 15:58 EST, 17 May 2012 | UPDATED: 15:58 EST, 17 May 2012 The good news is that a British banks have cut proceed exposures to Greece to probably nothing. So a euro exit for Athens should, of itself, means hardly a sputter in terms of vast write-offs. It is a dash [...]
Foreign currency dealer ICAP ready to deal in Greek drachma
By James Salmon PUBLISHED: 16:27 EST, 16 May 2012 | UPDATED: 16:27 EST, 16 May 2012 The boss of the world’s largest foreign currency dealer ICAP has revealed it is ready to trade in drachma as it prepares for Greece’s exit from the eurozone. While unveiling the company’s results for the year, group chief executive [...]
MARKET REPORT: Gloomy traders wish debt-ridden Greece out
By Geoff Foster PUBLISHED: 16:32 EST, 16 May 2012 | UPDATED: 16:32 EST, 16 May 2012 Uncertainty with a collateral U dragged a London marketplace monotonously reduce again. An try by German Chancellor Angela Merkel to stop a debase by repeating that she wants debt-ridden Greece to sojourn in a eurozone cut no ice with [...]