News: Money

Irish retailing family to snap up Poundworld stores

Friday  11:45,   10 august 2018

The Henderson family opened Ireland’s original Poundworld store in 1984.David Henderson, whose family opened Ireland’s original Poundworld store in 1984, confirmed an offer had been accepted by administrators Deloitte on Thursday to purchase the[...]
News / Money

Asia Stocks Slip Amid Trade Concern; Yen Gains: Markets Wrap

Friday  10:45,   10 august 2018

Stocks slipped in Asia and the yen climbed as investors assessed the impact of the latest tit-for-tat in the trade war as well as sanctions on Russia. China’s yuan was steady, showing further signs of stabilization after recent moves to shore up[...]

Ryanair braces for biggest ever one-day strike

Friday  10:05,   10 august 2018

Ryanair is bracing for its biggest-ever one-day strike on Friday with pilots based in five European countries set to walk out, forcing the cancellation of about one in six of its daily flights at the height of the holiday season. Ryanair, which[...]

House of Fraser suitors table final rescue bids

Friday  05:55,   10 august 2018

Bidders for the ailing department store chain House of Fraser (HoF) were told to submit final offers for the chain on Thursday morning as creditors to one of Britain's oldest retailers prepare to determine its fate. Sky News has learnt that the [...]

Turkey to set out ‘new economic model’ as lira tumbles

Friday  04:40,   10 august 2018

<p>Currency drops to record low after Washington meeting fails to show progress on US rift</p>After a Turkish delegation to Washington failed to show progress towards the lifting of US sanctions, the lira fell to a new low of TL5.4477 against[...]

Ruble Extends Rout as Traders Fear Repeat of April Rollercoaster

Friday  04:25,   10 august 2018

The ruble extended its steepest slide in almost two years and government bonds slumped on Thursday as new U.S. sanctions over Russia’s alleged use of chemical weapons rattled investor faith in the markets of the world’s biggest energy exporter. The[...]

Why is the pound taking a beating?

Thursday  20:35,   09 august 2018

It's proving to be a torrid summer for sterling. From hitting a post-referendum peak of $1.4376 on 17 April, the pound has hit the skids on the foreign exchange markets, plunging earlier today to $1.2840 - a level not seen since 25 August last[...]

How to avoid being a CV cliché: The top 10 buzzwords used by job candidates and five top tips to make yours unique

Thursday  17:51,   09 august 2018

Exclusive analysis of 1.1m CVs from Adzuna for This is Money shows the most overused words – including one that is in more than a quarter of resumes. That word is 'motivated'. It tops the list, appearing in 278,000, or 26 per cent, of CVs[...]

'Computer Says No' to Jacob Rees-Mogg on Brexit

Thursday  16:31,   09 august 2018

Falling back on WTO rules wouldn't be a panacea for Britain.Brexiters see the World Trade Organization as their best hope for a clean break from the European Union. Maybe it is. But it's not a very good[...]

Sterling crashes to lowest in a year to squeeze Irish exporters

Thursday  15:41,   09 august 2018

The pound suffered a heavy sell-off yesterday, skidding to its lowest level against the euro in almost a year as markets ramped up bets on Britain leaving the EU without an agreement with Brussels on their future relationship. The slide against the[...]

Britain's wealthiest businessman Jim Ratcliffe is 'leaving the country and taking his £21bn fortune to Monaco'

Thursday  15:35,   09 august 2018

Reasons for the relocation are unclear but the billionaire has complained about Britain's tax environment in the past. Headquarters of chemicals company Ineos are said to be staying in London.* Company Ineos, has a annual turnover of £45billion[...]

UK rent prices to surge 15% by 2023 – RICS

Thursday  14:57,   09 august 2018

It is the eighth consecutive quarter the number of rental properties has fallen.A survey carried out by the Royal Institution of Chartered Surveyors (RICS) showed 22% more respondents reporting a fall in new landlord instructions in the last three[...]

SIMON LAMBERT: We've been told interest rates will stay lower for longer, so could a chaotic Brexit really see them hit 4%?

Thursday  13:15,   09 august 2018

After the rate rise, Governor Mark Carney delivered his sucker punch. The risk of a no-deal Brexit would mean all bets are off - but rates could shoot up rather than be cut as expected.The interest rate rise last week was no[...]

Tesla likely to face SEC investigation following Musk tweets amid debate of market manipulation

Thursday  11:30,   09 august 2018

<p>Elon Musk's lawyers are probably pouring over rule 14e-8 of the Securities Exchange Act of 1934 right about now.</p>That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted[...]

Elon Musk says he wants to take Tesla private — here are 5 reasons that makes sense

Thursday  11:30,   09 august 2018

Tesla CEO Elon Musk announced on Tuesday that he's considering taking Tesla private. The financial world is unsure how he would do this, given that the deal will be enormous. But from where Musk and Tesla now sit, going private makes sense.[...]