Tablet showing graphs, technology, fintech

As everything falls apart, UK tech sector shows resilience

THE UK’S fastest-growing sector, the tech industry, will maintain resilience despite the Covid-19 outbreak. That optimistic claim follows analysis from recruitment firm Robert Walters. In...
Hands, calculator, paperwork

Bid to ease virus impacts on cash flow is ‘flawed’ — CEO

THE UK government’s proposed Coronavirus Business Interruption Loan Scheme (CIBLS) is coming in for some criticism. HM Treasury and the Bank of England last week...
Euro bank notes

ECB launches new aid package to soothe effects of pandemic

By HAL WILLIAMS THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone. The temporary purchasing scheme...
ASDA supermarket interior

Today’s special? Walmart set to unload stake in Asda

WALMART, the world’s biggest retailer, may sell a majority stake in UK supermarket chain Asda. (Click here to see stock prices for the companies mentioned...
UK currency, pound stering

The jingle of coins and the rustle of banknotes: noises of the past?

By Hal Williams IT’S A CONFUSING time for cash in Britain — maybe even crunch time in the run-up to the Budget. The roll-out of limited...

Credit Suisse chief steps down over bank’s corporate espionage scandal

CREDIT Suisse CEO Tidjane Thiam has resigned after a boardroom battle over a corporate spying incident. Shares in Credit Suisse dropped four percent at news...
Pouring Molten Steel

Press ponders the wisdom and reason for British Steel buy-out

BRITISH Steel late last year announced a “rescue deal” with China's Jingye Group, a move that was expected to safeguard up to 4,000 UK...
Car dealership

UK car market stalled for fears of ‘emissions laws and Brexit’

NEW UK car registrations in 2019 fell to their lowest level in six years. A total of 2.31m new cars were registered in 2019, down...
Graphic - woman celebrating new job

Employment on the rise in UK with more women finding work

THE UK's unemployment rate is at its lowest level in nearly 45 years, holding a steady 3.8 percent in the three months to October. Figures...
Grain elevator

Energy exchange group acquires Nasdaq future and options business

ENERGY exchange EEX Group has announced an agreement with US-based Nasdaq Futures (NFX) to buy its futures and options exchange business. The German-based European Energy...