Bank of England faces embarrassing new claims
Category: News Wire
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UK’s digital industries growing 32pc faster than wider economy
The digital economy is booming, and creating record numbers of jobs in the UK
Pinewood studios considers £250m sale
Studio known for hosting James Bond, Superman and the Star Wars sequel trilogy has launched a strategic review
Trade gap widens as exporters struggle
The trade deficit in goods widened last year to the largest on record, growing by £1.9 billion to £125 billion, higher than the £123 billion gap recorded in 2014.
FTSE 100 opens up ahead easing crash concerns
The FTSE 100 index opened higher this morning as all eyes turn to Janet Yellen and banking stocks got some respite.
Bank of England poised to act if household debt spirals
Bank deputy Sir Jon Cunliffe warns consumer debt remains ‘large by historic standards’, leaving the economy ‘vulnerable to shocks’
New runway will be built at Heathrow or Gatwick by 2030, MPs told
Transport secretary insists government has made progress on expansion issue as Heathrow chief reveals concern over ‘worrying’ timeline
Crowdcube accused of ‘using neat trick to fool investors’
Britain’s leading equity crowdfunder has denied claims that it misled ordinary investors by “drip-feeding” money from other sources on to the platform to create the artificial impression that there was “demand for investment”.
UK shoppers cast off January blues with return to the high street
British retailers enjoyed some therapy last month as shoppers cast off the January blues and returned to the high street, according to new figures out today.
Google boss becomes highest-paid in US with £138M deal
The chief executive of Google, Sundar Pichai, has been awarded $199m (£138m) in shares, a regulatory filing has revealed.
Barclays shares suspended as markets slump
Turmoil in financial markets in Europe has hit Barclays seeing their shares suspended amid turbulent trading.
HSBC ‘to stay in London’ as board meets for final decision on HQ
Analysts expect the giant bank to rule out moving its headquarters abroad as HSBC insiders say decision on domicile is ‘imminent,’ but directors have still not formally decided whether or not to stay in the UK
High-denomination bank notes should be scrapped, says government adviser
Former bank boss says eliminating €500, $100, SFr1,000 and £50 notes would scrap a method of payment favoured by wrongdoers
Stores face ‘insolvency’ as BHS tries to cut costs
BHS is threatening to put parts of its business into a form of insolvency as it tries to renegotiate the terms of leases on about 30 stores that it believes cost several times the market rate.
Toyota profit up 5% on stronger US sales
Japan’s Toyota has reported a 4.7% year-on-year rise in net income for the three months to December, to 627.9bn yen ($5.37bn; £3.7bn), due in part to stronger sales in the US.
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