Category Archives: Business

British food winning over the French

Shorter lunch breaks means young French people are aping Britons habits and Pret a Manger and Marks & Spencer are filling the gap Continue reading…
Continue reading

Related posts:

  1. Isis threatens to kill British jihadis wanting to come home
  2. Young French film-makers opt for gritty realism
  3. Reinventing Socialism: a risky business for French left
Posted in Business, Europe, Food & drink, France, Marks & Spencer, Retail industry, UK news, World news | Comments Off

Spains economic recovery gathers momentum

Initial estimates suggest economy grew by 0.5% between July and September, its fifth consecutive quarter of growth Continue reading…
Continue reading

Related posts:

  1. UK recovery slows as GDP rises by 0.7% – live
  2. The stress isnt over yet: talk of a return to normal banking is misplaced
  3. UK gender gap continues to widen, says World Economic Forum report
Posted in Banking, Business, Economics, Europe, European Union, Eurozone crisis, Spain, World news | Comments Off

China to ease credit card restrictions

Foreign companies will be allowed to apply to set up credit card clearing operations in China, says announcement Continue reading…
Continue reading

Related posts:

  1. 16 killed in China coal mine collapse
  2. Leaked universal credit memo shows jobcentre staff struggling with rollout
  3. China deploys troops and fighter jets in response to unauthorised flight
Posted in Asia Pacific, Business, China, World news | Comments Off

Lloyds Banking Group to axe 9,000 jobs and 200 branches

Union anger at plan to shed staff and shut down 6% of branches to save £1bn amid chief executives bid to start digitisation of business
Business live – all the news and comment on Lloyds Banking Group results

Unions reacted with anger on Tuesday after Lloyds Banking Group revealed plans to axe 9,000 jobs and close 200 branches as it digitises its business.

The 24%-taxpayer owned bank announced its latest round of job cuts which come on top of 45,000 posts already lost since the rescue of HBOS in 2008 as it stunned the City by taking a further £900m provision for misselling payment protection insurance. This takes its total bill so far to more than £11bn.

Continue reading…




Continue reading

Related posts:

  1. Health check finds 24 EU banks ailing but the UKs pass muster
  2. The stress isnt over yet: talk of a return to normal banking is misplaced
  3. Nigeria: ITTF World Cup – Quadri Drawn in Group D
Posted in António Horta-Osório, Banking, Banks and building societies, Business, E-commerce, Internet, Lloyds Banking Group, Money, Technology, Trade unions, Unite, World news | Comments Off

National Grid: no risk of winter blackouts

Operator reassures households that strong electricity and gas supplies can withstand negative surprises such as cold winter or supply disruptionBritain will have enough energy to keep the country running in a cold winter, despite a spate of fires at po…
Continue reading

Related posts:

  1. Stormy weather ahead as Knesset winter session commences
  2. Syria’s Kobani less at risk but could still fall: U.S. officials
Posted in Business, Commodities, Energy, Energy Efficiency, Energy industry, Gas, Money, National Grid, World news | Comments Off

UK gender gap continues to widen, says World Economic Forum report

Britain falls to 26th in Global Gender Gap Report rankings, recording its lowest overall score for equality since 2008Gender report: not one country has fully closed the gap yetThe UK has slipped out of the top 20 countries for gender equality and the …
Continue reading

Related posts:

  1. UK gender gap continues to widen, says World Economic Forum report
Posted in Business, Education, Equality, Gender, Life and style, Society, The gender gap, UK news, Women, Women in the boardroom, World news | Comments Off

Bank of England warns City misconduct is undermining public trust

Deputy governor Minouche Shafik says finance sectors deep-rooted problems must be tackled to restore confidenceThe Bank of England has warned of deep-rooted problems in the City that are undermining public trust in the financial system, as it launched …
Continue reading

Related posts:

  1. Raise UK interest rates now, says Bank of England policymaker
Posted in Bank of England, Banking, Banking reform, Banks and building societies, Business, Economics, Financial crisis, Financial sector, Libor, Money, UK news, World news | Comments Off

Live export industry sues government over Indonesian cattle trade suspension

Compensation action is in response to the temporary ban of Australian exports in 2011 following release of footage of cattle being mistreated in Indonesian abattoirs Continue reading…
Continue reading

Related posts:

  1. New Indonesian leader: maritime promises & possible dynamics with China, US and Australia
Posted in Animal welfare, Animals, Asia Pacific, Australia economy, Australia news, Australian politics, Business, Cattles, Indonesia, Labor party, Northern Territory, Rural Australia, World news | Comments Off

The stress isnt over yet: talk of a return to normal banking is misplaced

While the initial response to European Central Banks stress tests has been positive, there are good reasons to be waryNot too tough, not too lenient. That was broadly the market response to the European Central Banks stress tests on 123 of Europes comm…
Continue reading

Related posts:

  1. Why the Treasury’s ‘normal’ budget isn’t really normal
  2. Health check finds 24 EU banks ailing but the UKs pass muster
  3. Permanent TSB fails ECBs EU-wide financial stress test
Posted in Banking, Banking reform, Business, Economics, Equality, Europe, European Central Bank, European monetary union, European Union, Financial sector, Women, World news | Comments Off

UK gender gap continues to widen, says World Economic Forum report

Britain falls to 26th in Global Gender Gap Report rankings, recording its lowest overall score for equality since 2008 Continue reading…
Continue reading

Related posts:

  1. Ferguson protests: Amnesty report criticises police excesses
Posted in Business, Education, Equality, Gender, Life and style, Society, The gender gap, UK news, Women, Women in the boardroom, World news | Comments Off