Persimmon set to reveal rate impact | City & Business | Finance

The housebuilder will say that revenue rose 5 per cent to £1.84billion in the six months to June 30, with the Charles Church operator having in July pointed to “resilient” consumer confidence. But City analysts believe the Bank of England’s recent decision to raise interest rates from 0.5 per cent to 0.75 per cent could start to affect the More...

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By admin On Monday, August 20th, 2018
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Pound US dollar exchange rate: GBP dips on falling UK business confidence | City & Business | Finance

The pound isn’t exactly in demand this morning as a survey from the Institute of Directors (IoD) revealed a -16 per cent drop in confidence among UK business leaders. Approximately 44 per cent of leaders attributed More...

By admin On Sunday, August 19th, 2018
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Bitcoin price: Crypto boss says bitcoin bubble has burst and it’s good news | City & Business | Finance

The bitcoin price bubble burst at the start of this year when it continued a downward slide from its all-time December high. Cryptocurrency advocate Meltem Demirors, who is Coinshares’ chief strategy officer, More...

By admin On Sunday, August 19th, 2018
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Time to move on tax | Personal Finance | Finance

Budge it…… Chancellor Philip Hammond scrapped stamp duty for some first-time buyer properties (Image: getty) Last week former foreign secretary Boris Johnson added his voice More...

By admin On Sunday, August 19th, 2018
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How to spot a ‘dog’ in your investment portfolio | City & Business | Finance

Private investors now have a massive £33.6 billion invested in low ranking funds. (Image: GETTY) Private investors now have a massive £33.6 billion invested in low ranking funds, up five-fold More...

By admin On Sunday, August 19th, 2018
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Comment – Geoff Ho | City & Business | Finance

English maybe the global language of business but if you are looking to close deals, forge bonds and, more importantly, get preferential access, you need to be able to speak with people in their own language.  Last More...

By admin On Saturday, August 18th, 2018
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House of Fraser owed brands brands half a BILLION | City & Business | Finance

It was bought for £90million in a “pre- pack” by retail tycoon Mike Ashley’s Sports Direct, which is not obliged to pay suppliers money owed before its acquisition. The details were revealed in a report More...

By admin On Friday, August 17th, 2018
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Tesla share price: Stock PLUMMETS after Elon Musk details ‘EXCRUCIATING year’ | City & Business | Finance

The billionaire business magnate surprised the markets earlier this month when tweeted he was considering taking the electric car manufacturer off the public markets. His impromptu tweet briefly sent Tesla shares More...

By admin On Friday, August 17th, 2018
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Pound v euro: GBP/EUR exchange rate drops -0.3 percent on Jeremy Hunt’s Brexit warning | City & Business | Finance

This warning from Foreign Secretary Jeremy Hunt has lowered demand for the pound, taking the GBP/EUR exchange rate to €1.115 – its worst levels of the week. Mr Hunt has added his voice to many warning about More...

By admin On Friday, August 17th, 2018
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Pound US dollar exchange rate: GBP/USD muted as Jeremy Hunt warns against a no-deal Brexit | City & Business | Finance

The pound is trending narrowly against the US dollar this morning as Foreign Secretary Jeremy Hunt warns that a no-deal Brexit “would be a mistake we would regret for generations”. Markets have becoming More...