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-
Budget 2016: the productivity and prosperity puzzle
via bbc.co.uk
Why is prosperity stalling? -
'In' leads by 2 percentage points ahead of Britain’s EU referendum – ICM poll
(Reuters) - Support for Britain to stay in the European Union stood at 43 percent, ahead of support for a withdrawal from the 28-member bloc, which stood at 41 percent, an opinion poll by ICM suggested on Thursday, ahead of a referendum on June 23. -
US Federal Reserve holds interest rates
via bbc.co.uk
The US Federal Reserve has decided to keep interest rates at between 0.25% and 0.5% but halves the number of possible rate rises this year to two. -
Libor trader Hayes tells court he used spread-betting gains to buy house
LONDON (Reuters) - Tom Hayes, the former trader serving an 11-year jail sentence for conspiracy to rig Libor interest rates, told a London court on Wednesday that he had paid for about half of his seven-bedroom country house with cash earned privately from spread-betting. -
VIDEO: Budget 2016: What do I need to know?
via bbc.co.uk
Missed George Osborne's budget announcement? Fear not, here are some of the key points condensed into 70 seconds of video. -
How will Osborne reach his surplus?
via bbc.co.uk
How will the chancellor reach his target of a budget surplus? -
Osborne offers voters sweeteners ahead of EU referendum, says growth to slow
LONDON (Reuters) - Chancellor George Osborne handed tax sweeteners to voters and small businesses ahead of a June referendum on European Union membership but warned the economy would grow more slowly than previously forecast. -
Former UK Athletics coach handed lifetime ban
LONDON (Reuters) - Former UK Athletics coach George Skafidas has been handed a lifetime ban from sport for doping offences relating to sprinter Bernice Wilson, Britain's anti-doping agency said on Wednesday. -
Budget calculator March 2016
via bbc.co.uk
How will the chancellor's Budget affect you? -
Britain's surprise tax on sugary drinks delights health campaigners
LONDON (Reuters) - Britain will introduce a sugar levy on soft drinks in two years' time to tackle a growing obesity crisis, Chancellor George Osborne said in a surprise announcement on Wednesday, delighting health campaigners and angering drink makers. -
Growth forecasts cut for next five years
via bbc.co.uk
Lower expectations of productivity force the Office for Budget Responsibility to lower its growth forecasts from last November's levels. -
FOMC In Focus
The March meeting of the Federal Open Market Committee (FOMC) reconvenes today, followed by a speech by Fed Chair Janet Yellen. There remains a chance the Fed will vote to raise interest rates for the second quarter in a -
Small businesses are the winners
via bbc.co.uk
Small businesses are the clear winners from Chancellor George Osborne's eighth Budget. -
EDF chief's gambit suggests will get backing for Hinkley Point
PARIS (Reuters) - An apparent ultimatum from the chief executive of EDF suggests he is confident that the French government will provide the additional financial support he wants for a plan to build nuclear reactors in Britain. -
Osborne stakes his reputation on a 2020 surplus
via bbc.co.uk
The chancellor is forecasting a larger surplus by the end of the Parliament. Until then, he will borrow more and plan for big tax cheques arriving by the next election. -
New Lifetime Isa for homebuyers
via bbc.co.uk
Millions of adults under 40 will be able to use a new Individual Savings Account (Isa) to buy a home or a pension, the chancellor has announced. -
An Embarrassment of Stitches: Central Bankers Finding Diminishing Returns
Leonor Jean-Christine Soulas d’Allainval was no Shakespeare. His first play, “L’Embarras des richesses,” was a three-act comedy that premiered in 1726 and was performed only four times in the hopeful playwright’s lifetime. At age 53 he died embarrassingly franc-less at the Hotel de Paris. That’s not to say Soulas did -
Sylvia Anderson, voice of Lady Penelope in 'Thunderbirds', dies
LONDON (Reuters) - Television writer and producer Sylvia Anderson, the voice of Lady Penelope in popular 1960s television show "Thunderbirds", has died aged 88 after a short illness. -
Fuel duty frozen for sixth year
via bbc.co.uk
Duty on fuel will be frozen for the sixth year in a row, the chancellor announces, while duty on beer, cider and spirits is also left unchanged. -
Tesco 'on cusp of something special', says UK boss
LONDON (Reuters) - Tesco's UK boss gave on Wednesday the most bullish assessment of prospects for Britain's biggest retailer since it was rocked by an accounting scandal in 2014, saying it was winning back customers and "on the cusp of doing something special". Speaking at the Retail Week Live industry conference, Matt Davies highlighted the feedback the supermarket group was getting from its more than 3,500 stores in Britain. -
Oil Won't Stage A Serious Rebound Until This Happens
Oil prices have shown signs of life over the past few weeks, asproduction declinesin the U.S. raise expectations that the market is starting to adjust. As a result, Brent crude recently surpassed $40 per barrel for the first time in months.A growling list of companies are capitulating, announcing production -
Will FOMC Send USD/JPY to 115.00?
Market Drivers March 16, 2016 UK Labor Data Better Kuroda stokes the yen Nikkei -0.83% Dax 0.80% Oil $37/bbl Gold $1233/oz Europe and Asia : UK Claimant Count -18K vs. -9K Average Wage 2.2% vs. 2.1% ILO Unemployment 5.1% vs. 5.1% North America :USD CPI 8:30 USD Housing Starts 8:30 USD FOMC 2:00Currency -
VIDEO: PlayStation VR headset undercuts rivals
via bbc.co.uk
Sony reveals its forthcoming virtual reality headset will be significantly less expensive that Facebook and HTC's rival kit. -
RBS to cut 448 UK jobs in investment bank to reduce costs
LONDON (Reuters) - Royal Bank of Scotland plans to eliminate almost 500 UK-based jobs in its investment bank in an effort to cut costs, a source familiar with the matter said on Tuesday. -
How China is building a new university every week
via bbc.co.uk
Why they are building a new university every week -
Prince William's trafficking crackdown
Britain's Prince William, who is the president of United for Wildlife charity, is partnering with the transportation industry to shut down illegal wildlife trafficking routes.
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