News: Money

GE announces $15 billion of business deals with Saudi Arabia

Saturday  21:00,   20 may 2017

U.S. technology and engineering conglomerate GE (GE.N) said on Saturday it had signed $15 billion (11.5 billion pounds) of business deals with Saudi Arabia as part of the kingdom's drive to diversify its economy beyond oil. It came as dozens of[...]

Young homeowners 'halved in number across large parts of England in generation'

Saturday  20:55,   20 may 2017
Press Association

Home ownership among young families has halved across large swathes of England in the space of a generation, according to analysis by a think-tank. The Resolution Foundation said its findings counter "the popular perception that the struggle to get[...]

Ferne McCann back in touch with ex-boyfriend

Saturday  16:45,   20 may 2017
BANG Showbiz

Ferne McCann has reportedly spoken to her ex-boyfriend Arthur Collins since he was arrested and charged over an acid attack.Ferne McCann is reportedly "back in contact" with her ex-boyfriend Arthur[...]

UK in near unprecedented stretch of borrowing

Saturday  14:50,   20 may 2017
Sky News

So does it all add up? It's the question I always tend to get asked when we get a political blueprint, or a manifesto, or a Budget. But in the case of the Conservative manifesto, or for that matter the Labour and Lib Dem manifestos from earlier [...]

The pound looks set for ‘significant further upside’ now that it’s regained $1.30

Saturday  10:50,   20 may 2017

The pound has pushed above $1.30 for the first time in nearly 8 months, and analysts say the door looks firmly open to further gains for the British currency. It took a blowout British April retail sales report — the best since January 2016 — to[...]

Russia’s ‘Killer Satellites’ Re-Awaken

Friday  15:02,   19 may 2017
The Daily Beast

The trio of mysterious spacecraft were idle for at least a year. Now they’re zooming towards foreign satellites again—and no one really knows why.Now after being idle for a year or more, two of the mystery-sats are on the move again. On April 20,[...]

Italy is giving away over 100 castles for free – there's only one catch

Friday  09:45,   19 may 2017

<p>Italy is giving away more than 100 historic castles, farmhouses and monasteries for free in an effort to breathe new life into its disused public buildings.</p>Under a new scheme unveiled by the country's government run State Property[...]

Theresa May ditches David Cameron's tax pledge in Tory manifesto

Friday  09:21,   19 may 2017
Press Association

Theresa May has ditched David Cameron's pledges not to raise income tax or national insurance in a Conservative manifesto she said laid out a vision for dealing with the "five great challenges" of the coming years.Theresa May has[...]

Tories warned lack of social care cap could leave elderly 'helpless'

Thursday  20:02,   18 may 2017
Press Association

Conservative plans for social care have come under fire from the author of a major review of the issue, who warned elderly people would be left "helpless" to control the cost of their care. define("homepageFinanceIndices",[...]

My Family’s Slave

Thursday  18:17,   18 may 2017
The Atlantic

A story of slavery in modern AmericaAlex Tizon passed away in March. He was a Pulitzer Prize–winning journalist and the author of Big Little Man: In Search of My Asian Self. For more about Alex, please see this editor’s[...]

Inside Russia’s Social Media War on America

Thursday  17:37,   18 may 2017

On March 2, a disturbing report hit the desks of U.S. counterintelligence officials. For months, American spy hunters had scrambled to uncover details of Russia’s influence operation against the 2016 presidential election. But the report in early[...]

Buy-to-let lending for house purchase drops by almost 80%

Thursday  17:02,   18 may 2017
Press Association

Buy-to-let lending for house purchase plunged by nearly 80% year-on-year in March, figures from banks and building societies show. Landlords borrowed a total of £900 million for house purchases in March, marking a 79.5% decrease compared with March[...]

The pound has climbed above $1.30 for the first time since September

Thursday  17:02,   18 may 2017
Business Insider

LONDON -- The pound has jumped above $US1.30 for the first time since September 2016 on Thursday morning after better than expected retail sales figures from the Office for National Statistics suggested that British consumers are still spending.[...]

Theresa May to charge companies £2,000 a year for each non-EU worker they employ

Thursday  17:01,   18 may 2017

A Conservative government will charge companies £2,000 a year for non-EU skilled migrant workers. May will publish her manifesto plans to slash immigration to the tens of thousands a[...]

World’s 500 richest people lose $35 billion from Trump turmoil

Thursday  17:01,   18 may 2017

Facebook’s Zuckerberg is hardest hit with $2 billion drop.Bill Gates, the world’s richest person with $86.8 billion, lost $1 billion as shares of Microsoft Corp., his largest holding, tumbled 2.8%, the most in almost a year. Inc.[...]