Major English cities – particularly Manchester – have seen the sharpest falls in home ownership since a peak in the early 2000s, analysis suggests.
Category: News Wire
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VW hit with £12m fine and sales ban on 80 models in South Korea
In all, 209,000 VW vehicles have been banned, mainly over emissions-related problems, since November – or 68% of the vehicles the company had sold in the country since 2007
Barclays to abolish passwords for phone banking
Barclays will start identifying customers with voice recognition technology this week, slashing the need for customers to answer a series of questions to gain access to their accounts on the telephone.
The High Street firms that used benefits claimants for free labour
Government fought in the courts for four years to keep the companies’ identities a secret, saying it would damage their ‘commercial interests’
Business lending predicted to shrink in wake of Brexit vote
Borrowing by firms will drop by 1% this year, EY Item Club forecasts, withconsumer lending also expected to weaken
YouGov survey finds Scots favour UK over EU – even if it means losing Single Market access
Scotland would choose being part of the UK over the EU, a new survey suggests.
Sir Philip Green hits back at Frank Field over ‘kangaroo court’ probing Bhs collapse
Ex-Bhs boss Sir Philip Green has accused Frank Field of turning a parliamentary inquiry into the collapse of the high street chain into a “kangaroo court”.
EU bank stress tests: vulnerability of Barclays and RBS under scrutiny
Analysts surprised at poor performance of two UK high street banks under imagined scenarios of economic turbulence
Barclays pre-tax profits slip more than 20% for the first half of 2016
Barclays has reported a slide in pre-tax profits for the first half of the year.
Beer sales soar in UK as Britons drink 31 million more pints in three months
The Euro 2016 football championships gave off-licences and supermarkets a boost, as fans stocked up on booze to drink at home
Alphabet’s revenue up to $21.5bn off the back of mobile and video ads
The strong growth suggests that Google is successfully navigating the transition from desktop ads – its traditional strength – to mobile ads
IMF admits disastrous love affair with the euro & apologises for the immolation of Greece
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.
Lloyds to cut 3,000 jobs and 200 branches as profits soar
Lloyds Banking Group has announced it will cut 3,000 roles and close 200 branches, even as it reported a doubling of pre-tax profits.
Nintendo reports $234m loss ahead of launch of Pokemon Go
Nintendo has yet to benefit from Pokémon Go’s success
BHS: Frank Field calls on SFO to launch formal inquiry into demise
Select committee chair asks Serious Fraud Office to investigate whether Sir Philip Green or Dominic Chappell broke law
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