Financial news

• UK consumer borrowing sees lowest rise since 2014 on Brexit fears

  31-05-2019 18:31
  April’s annual growth drops from 6.4% in March to 5.9% as households cut borrowingConsumers increased their borrowing in April at the slowest pace since 2014, revealing a reluctance to buy goods on credit amid persistent Brexit uncertainty.The annual growth rate in unsecured consumer lending dropped to 5.9% from 6.4% in March, as households limited their spending on credit cards and cut back on finance deals to purchase a new car. Not since June 2014 has the rate of borrowing growth been s
  
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• Let’s move to Didsbury: a Mancunian mash-up

  31-05-2019 17:30
  If the metropolitan elite are not your bosom buddies, it’s probably not for youWhat’s going for it? There are many Didsburys. There’s the teeny Lancashire hamlet, all lanes and rose-strewn cottages huddled round St James’s church, caught in a meandering curl of the river Mersey. Then, confusingly, there is Didsbury Village, not a village at all, of course, but an estate agents’ “Village”, up the road from the actual village. Keep up. It’s not at al
  
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• FirstGroup plots UK bus Greyhound sale

  31-05-2019 16:06 via feedproxy.google.com
  FIRSTGROUP is on the road to a break-up after signalling the sale of its Greyhound coach arm in North America and spinning off its UK bus business.
  
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• 'Winter is OVER' Bitcoin analyst on why NOW is the 'BEST season' for BTC

  31-05-2019 15:47 via feedproxy.google.com
  THIS weekend marks the end of the crypto winter, according to one of the industry’s leading analysts.
  
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• Eurozone CRISIS: Recession fears ESCALATE as economist warns ‘things may get WORSE’

  31-05-2019 15:39 via feedproxy.google.com
  FEARS of a eurozone recession have escalated with economists worried about a worsening financial outlook after bond yields across the bloc plunged to historic lows.
  
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• ‘Missed a trick’ CBI criticised after Brexit business WARNING to Theresa May successor

  31-05-2019 15:32 via feedproxy.google.com
  BRITAIN’S leading business lobby group has been criticised for focusing on Brexit instead of economic policy after issuing a warning to Theresa May’s successor.
  
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• Sir Philip Green ordered to inject £50m into Arcadia pension fund as empire near COLLAPSE

  31-05-2019 14:46 via feedproxy.google.com
  SIR PHILIP Green has been ordered to inject another £50million into the pension fund of his Arcadia group as his retail empire hinges on the verge of collapse.
  
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• Pound US dollar exchange rate: GBP flat as Trump slaps tariffs on Mexico

  31-05-2019 11:37 via feedproxy.google.com
  THE pound remained muted against the US dollar and the pairing is currently trading at around $1.261.
  
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• Donald Trump slaps Mexico with crippling tariffs - Recession fears ESCALATE

  31-05-2019 11:13 via feedproxy.google.com
  DONALD TRUMP has issued a shock announcement to slap new tariffs on Mexico, leaving investors shaken and raising fears of a struggling global economy being pushed into recession.
  
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• EU ‘NONSENSE!’ Italy backed against Brussels in huge MULTI-BILLION POUND budget row

  31-05-2019 11:02 via feedproxy.google.com
  BRUSSELS has been accused of publishing “nonsense” over a threat to slap Italy with a €3.5billion fine if the government does not address a debt crisis.
  
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• UK house prices slip as confidence remains subdued, says survey

  31-05-2019 09:41
  Nationwide reveals 0.2% price drop month on month in May after positive growth in AprilUK house prices cooled in May as consumer confidence remained subdued, according to a survey.Property prices dropped 0.2% month on month in May, after adjustment for seasonal factors, sliding from positive monthly growth in April, the latest Nationwide house price index has revealed. Continue reading...
  
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• Euro BOMBSHELL: How Germany and EU giants BOOM while weaker nations SUFFER

  31-05-2019 08:37 via feedproxy.google.com
  THE euro benefits stronger countries of the eurozone but drags down less financially stable nations, a market analyst has claimed.
  
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• Zero chance of closing my eBay account

  31-05-2019 08:00
  Every time I tried there was a 1p balance – and that meant I had to wait another 30 daysI asked eBay to close my account. It said I need to clear my balance and then wait 30 days with no account activity before this could be done. This I did. At the end of 30 days, a mysterious £0.01 appeared as a credit in my balance, preventing me from closing my account.eBay had no explanation but reversed it to zero again. I was then told to wait another 30 days. The same thing happened. After 30
  
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• Riverside homes for sale – in pictures

  31-05-2019 08:00
  These homes from Devon to Aberdeenshire might just float your boat Continue reading...
  
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• What are our universities for? Taxpayers have a right to know | Simon Jenkins

  31-05-2019 07:00
  The Augar review has looked into funding. But we need a bigger vision to solve the legacy of failed marketisationEat your heart out, Henry VIII. Britain’s universities have pulled off the greatest institutional coup of our age. They have reversed the dissolution of these contemporary monasteries.The rescue job on student loans performed by Philip Augar this week is expected to channel another £6bn a year of state funds into universities and colleges. Almost half the nation’s po
  
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• EU CAVES IN: Embarrassing U-turn after Brexit market block on UK sparks investor FURY

  31-05-2019 01:02 via feedproxy.google.com
  CONTROVERSIAL plans to block investors across the European Union from trading in certain companies in London have been ditched in a sensational Brexit backtrack.
  
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