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Grocers Absorb Rise in Food Prices to Keep Customers From Straying 17 Dec 2017, 11:20pm Updated Grocers Absorb Rise in Food Prices to Keep Customers From Straying
Food costs are ticking up after a multiyear glut of many staples. But consumers aren’t paying much more yet because grocers, discounters and online retailers are all holding down prices to win business.
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Currencies in USD
GBP 1,27 +0,553%
EUR 1,14 +0,176%
CHF 1,01 +0,199%
A New Breed Drives the Deal-Making Frenzy at Computer Chip Firms 17 Dec 2017, 11:11pm Updated A New Breed Drives the Deal-Making Frenzy at Computer Chip Firms
The industry is now dominated by an aggressive set of chief executives who are quicker to push big acquisitions, slash costs and drive up profits.
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What Does Your Airfare Actually Buy? 17 Dec 2017, 10:51pm Updated What Does Your Airfare Actually Buy?
As airlines charge more for amenities that used to be included in base fares, it is harder to know which ticket to get.
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Bitcoin trading starts on the huge CME exchange 17 Dec 2017, 10:14pm Updated Bitcoin trading starts on the huge CME exchange
The Chicago-based CME exchange begins Bitcoin trading for investors, as the price surges again.
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Why Refiners Are Expected to Give Their Tax Savings Right Back to Shareholders 17 Dec 2017, 9:58pm Updated Why Refiners Are Expected to Give Their Tax Savings Right Back to Shareholders
U.S. fuel makers are poised to reap billions under a sweeping Republican overhaul of the tax code. But don’t expect them to expand, go on a hiring binge, or lower prices at the pump.
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Twitter brings in new rules to reduce hate 17 Dec 2017, 9:10pm Twitter brings in new rules to reduce hate
Twitter is enforcing new rules on abuse from today, aimed at reducing hateful content on the social media platform.
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The Week Ahead: Final Steps for Tax Legislation and Final Holiday Shopping Days 17 Dec 2017, 9:00pm The Week Ahead: Final Steps for Tax Legislation and Final Holiday Shopping Days
Both houses of Congress are expected to take up the tax bill, and economists expect that consumer spending rose last month.
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Checking In on ESPN’s Big Bet on Boxing. (Yes, Boxing.) 17 Dec 2017, 8:32pm Checking In on ESPN’s Big Bet on Boxing. (Yes, Boxing.)
The Lomachenko-Rigondeaux fight showed how ESPN and Top Rank will try to make boxing a thing again.
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Toronto Buzzes With Talk of Billionaire Couple’s Suspicious Death 17 Dec 2017, 8:01pm Toronto Buzzes With Talk of Billionaire Couple’s Suspicious Death
Family and friends of the generic-drug mogul Barry Sherman and his wife, Honey, say someone killed them and made it look like a murder-suicide.
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For Russian ‘Trolls,’ Instagram’s Pictures Can Spread Wider Than Words 17 Dec 2017, 7:32pm Updated For Russian ‘Trolls,’ Instagram’s Pictures Can Spread Wider Than Words
An anti-Islamic image created by a Kremlin-connected group has proved hard to kill, an indication of the challenge of monitoring social media for propaganda.
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Inspired by comics 17 Dec 2017, 7:14pm Inspired by comics
Ilse Valfre’s quirky fashion designs have attracted famous fans, but she’s had to overcome many challenges.
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Goalmouth scramble: 17 Dec 2017, 7:12pm Goalmouth scramble:
The next round of Premier League football television rights are up for grabs for the three years from 2019 to 2022.
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IPPR proposes creation of ‘shared market’ for UK and EU 17 Dec 2017, 7:02pm IPPR proposes creation of ‘shared market’ for UK and EU
The IPPR proposes a post-Brexit trade deal based on the UK and the EU sharing each other's markets.
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 Invest in operationally efficient Cranswick 17 Dec 2017, 6:22pm Updated Invest in operationally efficient Cranswick
Berenberg thinks it is time to buy Cranswick. The broker said the meat producer has managed to avoid the stagnation in its market by moving into higher growth sectors.
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 British arm of Pizza Hut on verge of being sold for £100m  17 Dec 2017, 6:08pm British arm of Pizza Hut on verge of being sold for £100m 
The British wing of Pizza Hut is on the verge of being sold by private equity firm Rutland Partners to debt investor Pricoa for £100 million. Rutland paid £1 in 2012 to rescue Pizza Hut.
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Ryanair pilots in Ireland suspend strike plans 17 Dec 2017, 5:55pm Ryanair pilots in Ireland suspend strike plans
Ryanair pilots in Ireland join other unions in Europe and suspend strike planned for Wednesday
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Ryanair pilots suspend one-day strike in week before Christmas 17 Dec 2017, 4:43pm Ryanair pilots suspend one-day strike in week before Christmas
Impact, the union representing Ireland-based pilots, has agreed to meet the low-cost carrier’s management and rescind strike action set for Wednesday Ryanair pilots have suspended a pre-Christmas one-day strike, the union Impact which represents Ireland-based pilots has said. The union has agreed to meet the low-cost carrier’s management on Tuesday evening ahead of the
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Are High Heels Headed for a Tumble? 17 Dec 2017, 4:06pm Updated Are High Heels Headed for a Tumble?
With sexual harassment revelations rife and public spaces threatened, some women are wondering just why they wear these things.
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Delivery Companies Brace for the Pre-Christmas Crush 17 Dec 2017, 3:59pm Delivery Companies Brace for the Pre-Christmas Crush
Package-delivery companies are preparing to address any potential bottlenecks during what is typically their busiest week of the holiday season.
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Power Failure at Atlanta Airport Snarls Operations 17 Dec 2017, 3:15pm Power Failure at Atlanta Airport Snarls Operations
Travelers were left in the dark in terminals and planes headed to Atlanta were halted. The airport is the busiest in the world for passenger traffic.
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Humana and PE Firms in Talks to Buy Kindred Healthcare 17 Dec 2017, 2:30pm Humana and PE Firms in Talks to Buy Kindred Healthcare
Humana is in advanced talks to join with two private-equity firms in a deal to acquire home-care provider Kindred Healthcare, a move that would add to a cascade of transactions aiming to bring together insurance operations with other health-care businesses.
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Star Wars: The Last Jedi takes $450m on opening weekend 17 Dec 2017, 2:11pm Star Wars: The Last Jedi takes $450m on opening weekend
It is the second biggest grossing opening weekend in North America.
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The Shift: Communing Inside the Hallowed Home of the Instant Pot 17 Dec 2017, 2:01pm Updated The Shift: Communing Inside the Hallowed Home of the Instant Pot
The electric multicooker is a true viral phenomenon. We went to the company’s Canadian headquarters to learn why.
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Ban sale of mini mobile phones, justice secretary says 17 Dec 2017, 1:50pm Updated Ban sale of mini mobile phones, justice secretary says
The tiny devices are designed to evade prison body scanners, the justice secretary says.
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Advertising: Netflix and Spotify Ask: Can Data Mining Make for Cute Ads? 17 Dec 2017, 1:16pm Advertising: Netflix and Spotify Ask: Can Data Mining Make for Cute Ads?
Netflix and Spotify have turned their users’ habits into marketing campaigns to the delight of some. But not everyone.
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PM signals new Brexit battle over trade deals 17 Dec 2017, 12:24pm PM signals new Brexit battle over trade deals
Theresa May will tell MPs the UK will look to sign trade deals with non-EU countries and prepare new immigration controls during a transitional deal with Brussels.
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The Persimmon chief’s bonus is an obscene inversion of A Christmas Carol | Zoe Williams 17 Dec 2017, 12:13pm The Persimmon chief’s bonus is an obscene inversion of A Christmas Carol | Zoe Williams
We like to think that the generous spirit of Dickens presides over every story at this time of year. Not this oneThe story of the housebuilding company Persimmon has a beautiful, Christmassy spirit. Its chair,
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CSX Chief Harrison Dies Amid Turnaround Effort 17 Dec 2017, 12:05pm Updated CSX Chief Harrison Dies Amid Turnaround Effort
CSX Chief Executive Hunter Harrison died a day after the surprise announcement that he was placed on medical leave caused the railroad company to lose $4 billion in market value.
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UK banks tell May: a Canada-style Brexit deal is not good enough 17 Dec 2017, 11:55am UK banks tell May: a Canada-style Brexit deal is not good enough
Banking trade body urges Theresa May and Philip Hammond to put City at centre of EU talks or risk dealing a major blow to the economy Britain’s banks have written to Theresa May and Philip Hammond warning that a Canada-style free trade agreement with the EU post-Brexit is not ambitious enough and that alignment with EU rules on finance is crucial. The open letter from
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The Next Crisis for Puerto Rico: A Crush of Foreclosures 17 Dec 2017, 11:05am Updated The Next Crisis for Puerto Rico: A Crush of Foreclosures
The island has been hammered by a financial crisis and a hurricane. Now, tens of thousands of people are at risk of losing their homes to foreclosure.
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Barry Sherman: Family disputes reports on mystery double death in Canada 17 Dec 2017, 9:43am Barry Sherman: Family disputes reports on mystery double death in Canada
Barry Sherman and his wife were found dead at their home in Toronto, Canada, in unclear circumstances.
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 SUNDAY NEWSPAPER TIPS: Biffa, Carpetright and WH Smith 17 Dec 2017, 9:28am SUNDAY NEWSPAPER TIPS: Biffa, Carpetright and WH Smith
We round up the Sunday newspaper share tips. This week, Midas analyses Biffa, the Times looks at Carpetright, and the Telegraph assesses WH Smith.
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 Stop the costly text pests who even prey on children  17 Dec 2017, 9:10am Updated Stop the costly text pests who even prey on children 
Marcus Hardingham and his daughter Ava, 11, (pictured) had to pay nearly £50 for unwanted messages sent to her mobile.
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Police Probe Deaths of Canadian Billionaire and Wife 17 Dec 2017, 9:07am Updated Police Probe Deaths of Canadian Billionaire and Wife
Autopsies were under way Saturday on the bodies of Apotex Inc. founder and Chairman Barry Sherman and his wife, Honey, after they were found dead Friday in a wealthy Toronto enclave.
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 New register to name leading firms facing outrage over pay 17 Dec 2017, 8:52am Updated New register to name leading firms facing outrage over pay
The idea for the list, which will be published online, came from Prime Minister Theresa May who said in August that it would help expose corporate greed and attempt to restore trust in capitalism.
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 My fears over Brexit, by Dragons’ Den judge Deborah 17 Dec 2017, 8:49am Updated My fears over Brexit, by Dragons’ Den judge Deborah
She said of Brexit: ‘It’s been going on a little bit too long...I’d like to know what we’re dealing with now. The complications trading outside of the EU are vast, and they’re ever-moving parts.’
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The UK jobs engine isn’t working any more 17 Dec 2017, 8:48am The UK jobs engine isn’t working any more
The employment rate might look good but the outlook is far from rosy for low-paid Britons Piece by piece, Britain’s jobs-creating machine in the years of economic recovery since the financial crisis appears to be coming unstuck. Dating back to early 2012, the number of people in employment has been on an upward curve – to fanfare from the Conservatives, who readily quote the 3 million jobs created since they came to power in 2010. But Theresa May should be worried, after figures from the
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 Hedge fund billionaire Hohn faces defeat in LSE battle 17 Dec 2017, 8:46am Updated Hedge fund billionaire Hohn faces defeat in LSE battle
Hohn, who heads up The Children’s Investment Fund (TCI), has forced the LSE to hold a shareholder meeting to vote on whether to oust Donald Brydon this Tuesday.
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 RBS treated me like nothing, says boss in £30m writ  17 Dec 2017, 8:43am Updated RBS treated me like nothing, says boss in £30m writ 
David Russell, chief executive at Property Alliance Group, claims the bank cost him millions he ought not to have paid and said he was treated like he was ‘nothing’ in the process.
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 Embrace the march of the robots, says RUTH SUNDERLAND 17 Dec 2017, 8:40am Updated Embrace the march of the robots, says RUTH SUNDERLAND
Not only retail, but the world of banking and financial services is ripe for infiltration by robots which can easily relieve people of routine tasks.
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 What the £39bn Walt Disney bid for Fox means for Britain  17 Dec 2017, 8:39am What the £39bn Walt Disney bid for Fox means for Britain 
Walt Disney, best known for bringing us Mickey Mouse, has agreed a £39 billion deal to buy the bulk of 21st Century Fox, the media giant run by Rupert Murdoch and his sons, James and Lachlan.
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Wolseley owner sells stake to Thai-listed Minor 17 Dec 2017, 8:24am Wolseley owner sells stake to Thai-listed Minor
The restaurateurs behind landmark London venues including The Wolseley and The Delaunay will this week hand control of their company to a Bangkok-listed hotelier.
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 MIDAS UPDATE: Festive sales flow for Conviviality 17 Dec 2017, 7:48am Updated MIDAS UPDATE: Festive sales flow for Conviviality
Midas recommended the shares in August 2013 at 144½p. Today they are 386½p, and many City brokers expect the price to rise further in the next 12 months.
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 MIDAS TIPS: Cash in on the Christmas Clean-up with Biffa 17 Dec 2017, 7:47am Updated MIDAS TIPS: Cash in on the Christmas Clean-up with Biffa
Biffa picks up refuse from 2.4million households and 72,000 businesses. Biffa shares are 244½p and should increase over the next few years.
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 There’s a buzz in our shops, says Waitrose boss 17 Dec 2017, 7:45am Updated There’s a buzz in our shops, says Waitrose boss
In his first major interview since taking the job, Rob Collins is cagey about how well his 350 stores will do this Christmas, but says: 'There’s a buzz around our shops.'
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 Snow takes the shine off High Street as retailers struggle 17 Dec 2017, 7:40am Updated Snow takes the shine off High Street as retailers struggle
The cold weather combined with online competition and a consumer squeeze is forcing nervous retailers into heavy discounts to drive shoppers into bricks-and-mortar stores.
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 TV property expert held in Nigeria after our probe 17 Dec 2017, 7:39am Updated TV property expert held in Nigeria after our probe
Adeyemi Edun, a London property expert who has appeared on the BBC’s Homes Under The Hammer, is understood to have been detained as he arrived in Nigeria on Wednesday.
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 Superdry set to kit out Harry’s Invictus heroes 17 Dec 2017, 7:38am Updated Superdry set to kit out Harry’s Invictus heroes
The fashion and sports clothing firm will provide bespoke, high-performance outfits for 100 competitors.
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CSX Chief Harrison Dies Days After Taking Medical Leave 17 Dec 2017, 7:21am Updated CSX Chief Harrison Dies Days After Taking Medical Leave
CSX Chief Executive Hunter Harrison died a day after the surprise announcement that he was placed on medical leave caused the railroad company to lose $4 billion in market value.
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Amazon Prime could face investigation over delivery complaints 17 Dec 2017, 7:07am Amazon Prime could face investigation over delivery complaints
Advertising watchdog is considering whether to look into company’s claims that it offers ‘unlimited one-day delivery’ Amazon could face an investigation by the Advertising Standards Authority over complaints that its premium service is failing to deliver on time in the run-up to Christmas. Amazon Prime claims to offer “unlimited one-day delivery” but customers have contacted the advertising regulator to say it is falling short of what is promised.
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 Classic toys that can be worth a fortune 17 Dec 2017, 6:48am Updated Classic toys that can be worth a fortune
The most famous slot car racing brand is British company Scalextric which is celebrating its 60th anniversary . Slot car racing fan Mike Harvey (pictured) has built his own 97ft racetrack.
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 Annual cost of owning a dog is £1,700 17 Dec 2017, 6:41am Updated Annual cost of owning a dog is £1,700
The cost of having a canine companion should not be underestimated. Kate Shaw (pictured) bought the best pet insurance she could afford for her dachshund.
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 SCOTTISH INVESTMENT TRUST: Raising a glass to Oz vineyards 17 Dec 2017, 6:40am SCOTTISH INVESTMENT TRUST: Raising a glass to Oz vineyards
When the final dividend for the financial year just ended is paid, the trust will have raised its total regular dividends for the year by 48 per cent to 20p per share. The share price is currently 860½p.
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Waitrose urged to stop selling Shetland scallops over dredging concerns 17 Dec 2017, 6:29am Waitrose urged to stop selling Shetland scallops over dredging concerns
Waitrose and MSC defend eco credentials of Shetland king scallops as conservation group calls for sales to be suspended Waitrose has been urged to suspend sales of one of its premium products, an eco-certified king scallop from Shetland, which can sell heavily at Christmas. The marine conservation campaign
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Economics needs a new Reformation | Larry Elliott 17 Dec 2017, 6:27am Economics needs a new Reformation | Larry Elliott
Neo-classical economics has become an unquestioned belief system and treats those challenging the creed as dangerous In October 1517, an unknown Augustinian monk by the name of Martin Luther changed the world when he grabbed a hammer and nailed his 95 theses to the door of the Castle Church in Wittenberg. The Reformation started there. The tale of how the 95 theses were posted is almost certainly false. Luther never mentioned the incident and the first account of it didn’t surface until after his death. But it makes a better story than Luther writing a letter (which is what probably happened), and that’s why the economist Steve Keen, dressed in a monk’s habit and wielding a blow up hammer, could be found outside the London School of Economics last week.
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Pensions: Automatic saving to start at 18 under new plans 17 Dec 2017, 6:00am Updated Pensions: Automatic saving to start at 18 under new plans
An extra 900,000 young people could automatically save into a workplace pension under the plans.
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 Campaigning is the heart of what we do, says PRESTRIDGE 17 Dec 2017, 5:14am Updated Campaigning is the heart of what we do, says PRESTRIDGE
Sometimes, especially when Christmas and New Year approach, it is good to be reminded of the great campaigning work our money section does to safeguard the finances of readers.
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Kraków’s Lenin Steelworks: a rare view of a socialist realist gem 17 Dec 2017, 5:00am Kraków’s Lenin Steelworks: a rare view of a socialist realist gem
The interior of the plant in Kraków’s utopian socialist new town is preserved in all its 1950s glory, a fascinating window on Soviet-era design Everything in the bomb shelter is as if the director of the Vladimir Lenin Steelworks had just left. Although not connected to the outside world, the 1950s phones are still working. Also intact: the pedal-powered ventilation system and telex machines. And the beds are still made. “The doors to the shelter were locked in the mid-1990s and only one person had the key. That’s why everything is in place and working,” says Tomasz Mierzwa, vice-chair of the local historical society Rawelin, who opened up the underground emergency command centre to the public and gives private tours on his days off work as CEO of an IT company.
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 Will my sister who cared for our dad be made homeless? 17 Dec 2017, 4:34am Updated Will my sister who cared for our dad be made homeless?
My sister moved into my parents' home nine years ago to help my mum care for my dad. My mum sadly passed away last December and my dad now needs to go into a residential care home.
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Is Monzo the Facebook of banking? 17 Dec 2017, 4:00am Is Monzo the Facebook of banking?
It is a truly unusual thing – a bank young people are excited about. But while its speed and ease of use are impressive, there is a problem – it’s not making moneyA letter from the bank tends to arouse dread. In these mostly paperless days, it usually means you’ve gone overdrawn again or the interest rate on your savings account has moved even closer to zero. Best not open it now; stick it on the pile for later-slash-never. But when my new
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Venue of last resort: the climate lawsuits threatening the future of big oil 17 Dec 2017, 4:00am Venue of last resort: the climate lawsuits threatening the future of big oil
In an era of environmental deregulation, groups like the American Petroleum Institute are focusing resources on the courts – and ‘time is on industry’s side’ In early October, 22 state and federal judges hailing from Honolulu to Albany got a crash course in scientific literacy and economics. The three-day symposium was billed as a way to help the judges better scrutinize evidence used to defend government regulations. But the all-expenses-paid event hosted by
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For Disney’s Iger, a Bold Move That Will Define His Legacy 17 Dec 2017, 3:25am Updated For Disney’s Iger, a Bold Move That Will Define His Legacy
Disney has achieved great success under the leadership of Robert A. Iger. But he is likely to be judged on the success of his 21st Century Fox deal.
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Make and bake 17 Dec 2017, 3:11am Make and bake
For those who celebrate it, Christmas can be an expensive time of the year unless you plan wisely.
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Old and vulnerable people and financial whiz-kids don’t mix 17 Dec 2017, 3:00am Old and vulnerable people and financial whiz-kids don’t mix
Private equity owners impose huge debts and demands on a vital service for the vulnerable. Something has to changeYou would be forgiven for thinking that any connection between wealthy financiers and Four Seasons would involve luxury hotel chains. But last week the relationship of rich investors with a very different type of property has been making headlines. The private equity-owned care home business Four Seasons, which cares for 17,000 older and vulnerable residents, has been teetering on the brink of collapse. It has been a long time coming: loaded with more than £500m of debt by its owners, its £50m-a-year interest payments
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There is hope: Brexit has few zealots and many floating voters | William Keegan 17 Dec 2017, 2:04am There is hope: Brexit has few zealots and many floating voters | William Keegan
As some hard economic truths become clear, the many ideologically uncommitted Britons who chose to leave may start changing their mindsMy football team, AFC Wimbledon, may be languishing down in the third division, as it was once called, but the Conservative MP for Wimbledon, Stephen Hammond, showed himself to be in the Premier League last week. In that
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‘Unpaid’ Thames Water bill is sending my credit rating down the drain 17 Dec 2017, 2:00am ‘Unpaid’ Thames Water bill is sending my credit rating down the drain
It claims I have been using enough water for 80 people … when I live in a two-bed flat
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The jobs engine isn’t working any more and we need the economic tools to fix it 17 Dec 2017, 2:00am The jobs engine isn’t working any more and we need the economic tools to fix it
The employment rate might look good but the outlook is far from rosy, with sluggish wages, rising inflation, soaring prices, dwindling spending power, and poverty and inequality looming for low-paid BritonsPiece by piece, Britain’s jobs-creating machine in the years of economic recovery since the financial crisis appears to be coming unstuck. Dating back to early 2012, the number of people in employment has been on an upward curve – to fanfare from the Conservatives, who readily quote the 3 million jobs created since they came to power in 2010. But Theresa May should be worried, after figures from the
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GOP Is Poised to Pass Sweeping Tax Overhaul 17 Dec 2017, 12:40am Updated GOP Is Poised to Pass Sweeping Tax Overhaul
Republicans stood on the verge of delivering the most significant changes to the U.S. tax code in more than three decades, after a series of last-minute deals appeared to clear the last big obstacles to passage next week.
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