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Monday, November 19, 2018
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Bleak Christmas looms for non-food retailers 19 Nov 7:01pm Bleak Christmas looms for non-food retailers
Good news for food shops but other high-street outlets may suffer as consumers go online Online shopping and food retailers are forecast to be the winners this Christmas as consumers keep a tight rein on spending on clothing, homewares and other non-food items. Total retail spending is expected to rise 4% in December, compared with the same month in 2017, to reach nearly £48bn excluding VAT, according to data from the market research firm Mintel.
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Currencies in USD
GBP 1,27 +0,553%
EUR 1,14 +0,176%
CHF 1,01 +0,199%
US stock markets drop as tech companies lead losses 19 Nov 4:31pm US stock markets drop as tech companies lead losses
Apple, Microsoft and Amazon, sustained some of the worst losses, and fears over an escalating trade war with China rattled investors US stock markets dropped sharply on Monday as big technology companies led losses, and fears over an escalating trade war with China rattled investors. The Dow Jones Industrial Average briefly fell 500 points, ending the day down 384 points (1.5%). Apple, Microsoft and Amazon, the most valuable companies on the market, sustained some of the worst losses. Apple dropped close to 4% on
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Whistleblower reveals more players in £178bn Danske Bank scandal 19 Nov 2:40pm Whistleblower reveals more players in £178bn Danske Bank scandal
A European lender and two US banks alleged to be involved in money-laundering case A major European lender and two US banks have become embroiled in an
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Post-Brexit immigration plan would damage UK economy, May told 19 Nov 12:27pm Post-Brexit immigration plan would damage UK economy, May told
CBI conference delegates fear shortage of workers after ‘pulling up the drawbridge’ to EU The leaders of Britain’s biggest businesses have told Theresa May to urgently rethink her post-Brexit immigration plan, warning it would trigger labour shortages and cause “worrying” damage to the UK economy. Despite a broadly warm reception for the prime minister and cautious backing for her
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PM tells CBI: Brexit deal will set UK on path to prosperity 19 Nov 12:08pm Updated PM tells CBI: Brexit deal will set UK on path to prosperity
Theresa May attempts to seize initiative back from critics with speech emphasising positive aspects of Brexit
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Carlos Ghosn, Nissan Renault chief, arrest in Japan 19 Nov 11:46am Carlos Ghosn, Nissan Renault chief, arrest in Japan
Shares slide after executive is alleged to have understated income on financial statements
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Why central bank digital currencies will destroy bitcoin | Nouriel Roubini 19 Nov 9:45am Updated Why central bank digital currencies will destroy bitcoin | Nouriel Roubini
Central banks should issue their own digital currencies to replace a crisis-prone banking system and shut out cryptocurrencies The world’s central bankers have begun to discuss the idea of
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Rugeley coal plant to be transformed into a sustainable village 19 Nov 8:01am Rugeley coal plant to be transformed into a sustainable village
Energy firm plans to build 2,000 homes powered by solar panels on the Staffordshire site An old coal power station is set to be transformed into a “sustainable village” of 2,000 homes powered by solar panels, in the biggest redevelopment yet of a former UK power plant. French firm Engie said it had decided against selling off the
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Nissan Renault chief Carlos Ghosn accused of serious misconduct - business live 19 Nov 7:54am Nissan Renault chief Carlos Ghosn accused of serious misconduct - business live
One of the world’s most powerful auto bosses is accused of under-reporting his salary over many years
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TSB appoints Debbie Crosbie as new chief in wake of IT meltdown 19 Nov 5:54am Updated TSB appoints Debbie Crosbie as new chief in wake of IT meltdown
CYBG executive will replace Paul Pester, who stepped down after crisis, next year TSB has appointed CYBG’s Debbie Crosbie as its chief executive to succeed
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Trade war fears grow as US and China clash – business live 19 Nov 4:37am Updated Trade war fears grow as US and China clash – business live
Rolling coverage of the latest economic and financial news, as Mike Pence and Xi Jinping spar over trade policy again
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Should I remortgage for the final 18 months of my loan? 19 Nov 2:00am Should I remortgage for the final 18 months of my loan?
I have an interest-only mortgage and I’m a bit concerned in case the rate goes up
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Why are there so many cracks in my insurance cover? 19 Nov 2:00am Why are there so many cracks in my insurance cover?
There’s been nothing but delays and stalling from L&G with my subsidence claimWe read a recent article in Money titled
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Noel Edmonds likely to file £60m Lloyds lawsuit on Wednesday 19 Nov 1:00am Noel Edmonds likely to file £60m Lloyds lawsuit on Wednesday
TV star, expected to join I’m a Celebrity this week, says gains will fund charity to help banking victims The TV and radio star Noel Edmonds, who is expected to join ITV’s I’m a Celebrity … Get Me Out Of Here jungle camp this week, is also likely to fire the starting gun on a £60m lawsuit against Lloyds Bank. The Deal or No Deal star has also pledged to use a portion of any gains from the pending lawsuit to fund a charity for banking victims.
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