UK OIL FOUND: Firm finds ‘significant’ reservoir in Weald Basin and North Sea delivers

UK oil and gas shares rose yesterday as the firm said it had found more oil in a ‘significant’ discovery. read more  More...

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By admin On Tuesday, June 27th, 2017
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Pound v New Zealand dollar: GBP down against NZD despite narrowing NZ trade surplus

THE pound New Zealand dollar exchange rate softened by around half a cent in early trade this morning ahead of the Bank of England’s latest financial stability report. read more  More...

By admin On Tuesday, June 27th, 2017
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Bank of England sounds alarm over household debt amid easy credit and mortgages

THE Bank of England is worried about Britain’s borrowing boom, and taking measures to keep credit and mortgage debts in check amid record low interest rates. read more  More...

By admin On Tuesday, June 27th, 2017
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Euro tumbles as Mario Draghi defends extreme policies of European Central Bank

THE head of the European Central Bank has again defended his monetary policies amid a barrage of criticism, prompting the euro to sink against the dollar. read more  More...

By admin On Tuesday, June 27th, 2017
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POUND LIVE: Pound pauses after DUP deal ahead of Queen’s Speech vote

THE pound opened flat after the Conservatives sealed a deal with the DUP and as markets await the crucial Queen’s Speech vote on Thursday. read more  More...

By admin On Monday, June 26th, 2017
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Co-operative Bank drops sale plans as £700m rescue deal looms

THE Co-operative Bank has dropped plans for a sale as it closes in on a £700million financing deal with its existing investors. read more  More...

By admin On Monday, June 26th, 2017
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Italy bank bailout anger as EU has ‘one rule for Rome and another for others’

ITALY will be allowed to break official European Union rules and stump-up billion of pounds worth of taxpayer cash for crumbling lenders to prevent a full-scale banking crisis. read more  More...

By admin On Monday, June 26th, 2017
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Dixons Carphone to reveal rise in profits despite signs of wear on consumer spending

DIXONS Carphone is expected to show signs of wear from the squeeze on consumer spending, despite boosting profits, when it announces full-year results on Wednesday. read more  More...

By admin On Monday, June 26th, 2017
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Smiggle considers ramping up UK store opening programme as sales continue to accelerate

AUSTRALIAN stationery retailer Smiggle is considering ramping up its UK store opening programme as sales continue to accelerate. read more  More...

By admin On Monday, June 26th, 2017
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PwC looks to become economic market’s most accurate forecaster

PwC is on the cusp of launching a robo-economist that could make the company the “most accurate” economic forecaster on the market. read more  More...