Financial news

• Straight from the lip: how Kylie Jenner is close to becoming a billionaire at 20

  13-07-2018 19:28 via theguardian.com
  Reality star’s cosmetic empire has been driven by her fuller pout and social media savvyKylie Jenner is on track to become the world’s youngest ever billionaire thanks to her lips and Instagram. Jenner, 20, the youngest member of the Kardashian-Jenner American reality TV family, is the founder and sole owner of Kylie Cosmetics, the makeup company she runs largely from her black iPhone X, with the help of her mother Kris.Continue reading...
  
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• UK police claim major breakthrough in novichok poisoning case - Financial Times

  13-07-2018 18:54
  Financial Times
  UK police claim major breakthrough in novichok poisoning case
  Financial Times
  Police investigating the nerve agent attack in Salisbury have recovered a container they believe was used to carry the novichok poison that has left one woman dead and four others critically ill. In a statement on Friday, the Metropolitan Police's ...en meer »
  
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• Protesters march against Trump's UK visit - Financial Times

  13-07-2018 18:52
  Financial Times
  Protesters march against Trump's UK visit
  Financial Times
  Tens of thousands of people take part in anti-Trump demonstrations in central London, waving placards protesting against the US president. Share on Twitter (link opens in a new browser window) · Share on Facebook (link opens in a new browser window) ...
  
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• Gaucho restaurant group races to secure rescue deal, with 1,500 jobs at risk

  13-07-2018 18:47 via theguardian.com
  Chain faces administration as it struggles to pay £1m tax bill amid ‘casual dining crunch’The Argentine restaurant group Gaucho is teetering on the brink of administration, putting 1,500 jobs at risk, as it races to secure a deal that will help it pay a £1m-plus tax bill.The company is understood to be weighing three potential rescue deals before a late-night deadline for the bill by HM Revenue & Customs on Friday. Continue reading...
  
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• Retail chain The Works plans £100m stock market float

  13-07-2018 18:44 via theguardian.com
  Owners and management of cut-price books, crafts and toy seller in line for £36.7m payout The cut-price books, crafts and toys chain The Works has shrugged off the troubles on the high street with plans for a £100m stock market listing that will give its private equity owners and management a £36.7m payout.Its chief executive, Kevin Keaney, said the 447-strong chain was aiming to open 50 more outlets a year as the market was “crying out for a really family-friendly retail
  
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• Donald Trump visits the UK, in pictures - Financial Times

  13-07-2018 18:21
  Financial Times
  Donald Trump visits the UK, in pictures
  Financial Times
  US president Donald Trump arrived in London on Thursday for a three-day visit to the UK. © Brendan Smialowski/AFP/Getty. An RAF honour guard stands to receive Mr Trump and US first lady Melania Trump as they disembark from Air Force One at London's ...en meer »
  
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• Ryanair pilots announce two further strikes for July

  13-07-2018 18:18 via theguardian.com
  Two stoppages planned for 20 and 24 July after 30 flights were cancelled due to walkout on ThursdayRyanair passengers will face more disruption later this month with two further pilot strikes due to take place in Ireland.Related: Ryanair strikes: 'Their brand is built on being reliable bastards'Continue reading...
  
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• Let’s move to Halifax, West Yorkshire: gutsy streetscape and deadpan locals

  13-07-2018 17:30
  There is a music scene. Vinyl shops have been spotted. Avocado toast is for sale. But Halifax remains HalifaxWhat’s going for it? “The Shoreditch of the north”, said BBC Radio 6 Music. “What?!” yelled Halifax – and the rest of the world. They groaned on the information desk at the smart new library when I brought it up. It is not. And the better for it. Sure, the anointed king of hipsters, Father John Misty, played Halifax. There is a music scene. Vinyl shops
  
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• UK care workers lose pay case for overnight stays - Financial Times

  13-07-2018 17:18
  Financial Times
  UK care workers lose pay case for overnight stays
  Financial Times
  Low-paid care workers who have to sleep at their workplace in case they are needed overnight will not be paid the minimum wage following a Court of Appeal ruling. Care workers used to be paid a flat fee of around £30, reflecting the fact that they ...en meer »
  
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• Huge demand for Gareth Southgate – as after-dinner speaker

  13-07-2018 16:28 via theguardian.com
  England’s World Cup stars wanted for motivation and memoirs, say celebrity bookersGareth Southgate’s success in quietly transforming the England football team from plucky young underdogs into national heroes has not gone unnoticed in the boardrooms of corporate Britain. While Southgate and the team are still training for the third-place play-off in St Petersburg on Saturday, agents have been fending off calls from banks and other big businesses asking him to share management and moti
  
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• Trump 'OK' with UK Brexit plan - Financial Times

  13-07-2018 16:04
  Financial Times
  Trump 'OK' with UK Brexit plan
  Financial Times
  Donald Trump has backed away from parts of his caustic assessment of the Brexit talks and Theresa May. 'Whatever you do [on Brexit] is OK with me, whatever you do is OK with us, just make sure you can trade with us, that's all that matters,' he said ...
  
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• Poundworld to cut a further 1,000 jobs as it closes 80 more stores

  13-07-2018 16:03 via theguardian.com
  Discounter has axed a quarter of its 5,000 staff in two rounds of redundancy this weekAdministrators in charge of finding a buyer for the stricken Poundworld chain have announced a further 80 stores will close – at a cost of more than 1,000 jobs.The second wave of closures adds to 25 announced earlier this week, which will result in 242 staff at the chain being made redundant this weekend. Continue reading...
  
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• Bitcoin price latest: Believer to BET $1.2billion that BTC will TOPPLE Warren Buffett

  13-07-2018 15:49 via feedproxy.google.com
  BITCOIN is set to go toe-to-toe with the world’s most famous investor with a “well-known cryptocurrency expert” looking to take on Berkshire Hathaway’s legendary billionaire and crypto cynic Warren Buffett.
  
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• Pushkin, Grange Park Opera, West Horsley, UK — 'full-scale orchestral tumult' - Financial Times

  13-07-2018 15:31
  Financial Times
  Pushkin, Grange Park Opera, West Horsley, UK — 'full-scale orchestral tumult'
  Financial Times
  Look on it as a kind of cultural exchange. While Russia was hosting England's semi-final in the World Cup in Moscow, a new opera about Russia's national poet was being given its stage premiere by the Novaya Opera from Moscow at Grange Park Opera in ...en meer »
  
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• Stoke is debt capital of England and Wales – followed by Plymouth

  13-07-2018 15:14
  Official figures show Midlands city had highest rate of personal insolvencies in 2017Stoke-on-Trent has been identified as the debt capital of England and Wales, according to official figures.The Midlands city had the highest rate of personal insolvencies in 2017, followed by Plymouth, Hull and Scarborough. Continue reading...
  
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• B&M bucks high street trend

  13-07-2018 14:28 via feedproxy.google.com
  RECORD sales of garden and outdoor products such as paddling pools and patio sets helped B&M to shrug off wider retail gloom. The demise of businesses such as Toys R Us and Poundworld has enabled the discount chain to grab market share.
  
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• Jet2 owner predicts soaring profits

  13-07-2018 14:16 via feedproxy.google.com
  THE owner of Jet2.com and Jet2holidays is flying high after growing demand for flights and package holidays put it on course for bumper annual profits. Shares in Dart Group hit a 9991⁄2p high, up 2591⁄2p, as it predicted pre-tax profit in the year to next March would be substantially ahead of expectations.
  
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• Poundworld store closures: Budget shop announces 80 more to close with 1,000 jobs lost

  13-07-2018 14:00 via feedproxy.google.com
  POUNDWORLD's has announced the closure of a further 80 stores, resulting in the loss of 1,024 jobs, as hopes fade of administrators finding a buyer for the troubled budget retailer.
  
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• DFS and Dunelm feel the heat

  13-07-2018 13:36 via feedproxy.google.com
  FURNITURE chain DFS and homewares retailer Dunelm sounded profit warnings as soaring temperatures kept shoppers away. DFS admitted that the hot weather over key trading weekends had led to “significantly lower” orders.
  
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• Asos sales slip into lower gear

  13-07-2018 13:20 via feedproxy.google.com
  ASOS shares plunged 680p to 5820p after the online fashion retailer flagged a slowdown in sales growth as it focuses on new warehousing space in Germany and the US. The company has been spending heavily on distribution centres in Berlin and Atlanta to support its longer-term growth ambitions.
  
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• Thameslink commuters have had enough. We need a new deal | Daisy Cooper

  13-07-2018 13:00
  We’ve been failed by Govia Thameslink and Chris Grayling. Now we’re taking matters into our own handsOn Tuesday, normally mild-mannered commuters from St Albans waved placards and chanted outside London’s St Pancras station in protest at the new Thameslink timetable, which has brought misery to thousands of people. Inspired by those who protested against Govia’s Southern Rail, Govia Thameslink passengers are also now taking to the streets.Delays and cancellations have bee
  
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• Pound euro exchange rate: GBP edging lower after Trump blasts Brexit plans

  13-07-2018 11:44 via feedproxy.google.com
  THE pound euro exchange rate is currently trading at €1.128 as the pairing continues to edge lower. The pairing slumped 0.2 per cent overnight in the wake of Donald Trump’s attack on Theresa May’s Brexit plan.
  
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• Just wait – Trump's trade war will soon have fallout

  13-07-2018 11:16 via theguardian.com
  As with Brexit, the economic effects of uncertainty over tariffs will take time to appearDonald Trump’s phony, blowhard’s trade war just got real.The steel and aluminium tariffs that the Trump administration imposed at the beginning of June were important mainly for their symbolic value, not for their real economic impact. While the tariffs signified that the US was no longer playing by the rules of the world trading system, they targeted just $45bn of imports, less than 0.25% of GDP
  
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• Johnson & Johnson ordered to pay $4.7bn over talc cancer claims

  13-07-2018 10:33 via theguardian.com
  Women claim the company’s talcum powder contributed to them developing ovarian cancerJohnson & Johnson has been ordered to pay nearly $4.7bn (£3.58bn) in damages to 22 women who claim the company’s talcum powder contributed to them developing ovarian cancer.Mark Lanier, the lead counsel for the women, six of whom have died from ovarian cancer, said Johnson & Johnson had covered up evidence of asbestos in its products for more than 40 years. Continue reading...
  
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• UK passes 1,000 hours without coal as energy shift accelerates

  13-07-2018 10:00 via theguardian.com
  Revival of last eight coal plants when ‘beast from the east’ hit Britain proved to be briefBritain has been powered for more than a thousand hours without coal this year, in a new milestone underscoring how the polluting fuel’s decline is accelerating.The UK’s last eight coal power plants staged a brief revival when the “beast from the east” pushed up gas prices earlier this year, causing coal plants to fire up. Continue reading...
  
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• Homes for sale in former vicarages – in pictures

  13-07-2018 08:00
  If you’re looking for something divine, these five properties may be the answer to your prayers Continue reading...
  
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• UK set to steal limelight at Farnborough air show | Financial Times - Financial Times

  13-07-2018 06:01
  Financial Times
  UK set to steal limelight at Farnborough air show | Financial Times
  Financial Times
  An international air show is usually the arena for global aerospace giants, Airbus and Boeing, to slug it out in a very public battle of egos and orders.en meer »
  
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