News: Money

London retains crown as top spot for attracting business and talent

Thursday  11:05,   12 october 2017
City AM

London has retained its number one spot as the best major city in the world for attracting businesses and talent, according to an influential ranking published today. The ranking, carried out by academics from top global universities for[...]

The largest private jet ever made for business travel is now in the skies, complete with a master suite, dining area, and shower room

Thursday  11:05,   12 october 2017
MSN

Bombardier Bombardier’s next generation Global 7000, the largest ever dedicated private jet for business travel, has finally taken it's first flight. The $72.8 million (£55 million) plane first took off on September 28 — and it's[...]

Angela Merkel's Biggest Challenge Yet

Thursday  08:31,   12 october 2017
MSN

Far-reaching reforms are needed, but Germany’s comfortable economic and political situation makes changing course difficult.This does not augur well for much-needed reforms at home and abroad. Mrs. Merkel won re-election because voters appreciate[...]

HAMMOND: Flights between Britain and the EU could stop in the absolute worst case Brexit outcome

Thursday  08:26,   12 october 2017
MSN

Flights between the UK and the European Union could "theoretically" stop on the day Britain officially drops out of the bloc, Chancellor Philip Hammond told MPs on Wednesday. Speaking to the Treasury Select Committee, Hammond[...]

Philip Hammond refuses to fund preparations for a no-deal Brexit

Thursday  08:26,   12 october 2017
MSN

Philip Hammond has said that it would be irresponsible for the UK government to start spending money on planning for a "no-deal" Brexit and that it is the government's "duty" to reach a deal with the European[...]

Ofgem extends price cap ahead of energy legislation

Thursday  08:25,   12 october 2017
Press Association

Ofgem said it will work with the Government so customers on standard variable and other “default tariffs” receive price protection.Ofgem added that it will work on extending price protection to at least another two million vulnerable households for[...]

Emirates to quit some New Zealand flights as part of new Qantas pact

Thursday  08:25,   12 october 2017
Reuters

By Jamie[...]

World economic growth improving, even as U.S., UK potential slows - IMF

Wednesday  13:21,   11 october 2017
Reuters

By David[...]

Oil prices stable on signs of tighter market, but 2018 looks more uncertain

Wednesday  13:21,   11 october 2017
Reuters

By Henning[...]

London firms urge government to grasp nettle as gloom lingers

Wednesday  13:21,   11 october 2017
City AM

Businesses are urging government to "grasp the nettle" on issues as wideranging as Crossrail 2 and a London-specific shortage occupation list, following yet another quarter of negative sentiment. ConfidenceConfidence among firms across the [...]

Pound spikes against dollar as positive economic data counters Brexit impasse

Wednesday  13:21,   11 october 2017
International Business Times

Industrial production figures and improved retail sales figures help the sterling reverse recent losses.At 3:37pm BST, the British currency was up 0.40% versus the dollar changing hands at $1.3194, thereby recovering some of the ground it lost in[...]

Retirement income targets ‘could help savers achieve desired living standards in later life’

Wednesday  13:20,   11 october 2017
Press Association

As many as 13.6 million workers could be at a high risk of failing to achieve an adequate retirement income, according to previous research by the Pensions and Lifetime Savings Association[...]

The Secrets of Google’s Moonshot Factory

Wednesday  13:20,   11 october 2017
The Atlantic

A snake-robot designer, a balloon scientist, a liquid-crystals technologist, an extradimensional physicist, a psychology geek, an electronic-materials wrangler, and a journalist walk into a room. The journalist turns to the assembled crowd and[...]

Rents rise in September may signal "upward trend" in prices

Tuesday  20:55,   10 october 2017
City AM

British rents fell in September, despite a year-on-year increase in the average prices, according to figures published today. The average UK rent rose by 2.1 per cent year-on-year last month, after rents bounced back up by 2.4 per cent in the year[...]

UK trade deficit hits record high in August

Tuesday  20:55,   10 october 2017
Sky News

The UK's goods trade deficit with the rest of the world hit an all-time high of £14.2bn in August, according to official figures. The Office for National Statistics (ONS) said the gap widened from a revised figure of £12.8bn in the previous[...]