Chinese shares zig-zagged in volatile trade as traders gauged the effect of a fresh rate cut by the central bank.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Competition body OKs Poundland’s 99p Stores deal
The Competition and Markets Authority has provisionally cleared Poundland’s acquisition of the 99p Stores following an investigation into whether the deal would compromise competition and consumer choice.
FTSE opens up as Chinese stocks tumble again
The FTSE 100 Index has opened up this morning after so-called ‘Black Monday’ – one of the bleakest days in its recent history.
Water companies say super-sewer will add £25 a year to Londoners’ bills
London’s residents are facing lower than expected increases to their water bills to fund the city’s £4.2bn “super-sewer”, the companies behind the project announced on Monday.
House prices across Britain set to rise 30% in four years
House prices are expected to rise by nearly a third over the next four years, with almost every English region overtaking the capital, but the devaluation of the Chinese yuan is hitting demand for prime London homes.
Female bosses are working for free as gender pay gap persists
Female managers earn 22 per cent less than their male counterparts and “work for free” for nearly two hours a day, research shows.
4 tips to detox your life
If you’re feeling overwhelmed, stressed, or tired, there’s good news for you.
UK manufacturers fear lagging behind global competition
Two thirds of UK manufacturers developed new products in the last three years as firms feared falling behind competitors, a survey suggests.
Barcelona is top of Britons’ go-to list
The British prefer the combination of beautiful beaches, buzzing bars and Antoni Gaudí’s architecture to the sophistication of New York or the romance of Paris.
New BhS owner seeks £70m for revival plan
The new owners of BhS, the department store chain, are in talks to raise tens of millions of pounds in funding just months after acquiring it from Sir Philip Green, the billionaire retailer.
Chinese shares drop in dramatic slide
Chinese shares continued their sharp fall on Monday as concerns over the country’s slowing growth and volatile markets sparked panic among traders.
Pace of rent rises quickens as average UK rent reaches £937 a month
Average rents in the UK reached £937 per month in July as the pace of increases took a significant step up amid a shortage in the supply of housing.
China manufacturing tumbles to six-year low
A key indicator of China’s manufacturing activity slumped to a 77-month low in August, an independent survey showed Friday, fuelling concerns of further deceleration in the world’s second-largest economy.
House prices to rise faster as new home numbers fall
House prices will continue to rise beyond the reach of many as a result of a fall in home building.
Summer sales give high street a boost in July
Sales of electrical appliances and furniture boosted the market, following an unexpected 0.1 per cent fall in retail sales in June.
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