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Thursday, July 11, 2019
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Offshore gun tower with its own artillery is for sale for £70,000 11 Jul 6:13pm Updated Offshore gun tower with its own artillery is for sale for £70,000
The former gun tower is a renovation project on the south west coast of Wales, and is on the market for £70,000 - but it comes without mains drainage.
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Fracking to resume at site near Blackpool after operations were suspended due to earthquakes 11 Jul 4:51pm Fracking to resume at site near Blackpool after operations were suspended due to earthquakes
The controversial drilling method - which involves pumping a mixture of sand, water and chemicals into the earth - is being used by the energy group to search for gas in Lancashire.
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RUTH SUNDERLAND: The Woodford debacle could be a harbinger of much worse to come 11 Jul 4:51pm RUTH SUNDERLAND: The Woodford debacle could be a harbinger of much worse to come
Mark Carney, the soon-to-be-ex Governor of the Bank of England, points out that Woodford-esque problems are 'a big deal' and could threaten the stability of the financial system as a whole.
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Another Woodford ally loses his job: Institutional sales boss Will Deer goes 11 Jul 4:50pm Another Woodford ally loses his job: Institutional sales boss Will Deer goes
Will Deer, who was head of institutional sales at Woodford Investment Management, has lost his job He had worked with Woodford since the fund manager's days at Invesco.
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Insurer Swiss Re forced to suspended float amid fears not enough investors could be found  11 Jul 4:50pm Insurer Swiss Re forced to suspended float amid fears not enough investors could be found 
Swiss Re's UK life insurance arm Reassure was due to go public this week, but the proposals were axed. Reassure's valuation of up to £3.3bn is understood to have proved hard to stomach.
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FTSE CLOSE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS 11 Jul 12:05pm FTSE CLOSE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS
The FTSE 100 closed down 20.87 points, or 0.3 per cent at 7,509.82.
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FTSE LIVE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS 11 Jul 11:30am Updated FTSE LIVE: Reckitt pays £1.1bn to end opioid drug dispute; Sales rise at DFS
The Bank of England has said UK lenders could withstand even the worst case no-deal Brexit and a global slowdown sparked by a full-scale trade war, but warned of 'economic disruption.'
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HSBC blasted by Hong Kong protest leader: Bank urged to apologise after boss praised Chinese regime  11 Jul 11:13am Updated HSBC blasted by Hong Kong protest leader: Bank urged to apologise after boss praised Chinese regime 
Joshua Wong, a 22-year-old activist who has twice been jailed for his work, spoke out after HSBC boss John Flint said the Chinese economic system 'served its people really well'.
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Woodford investors can now move their frozen fund out of Hargreaves 11 Jul 10:09am Updated Woodford investors can now move their frozen fund out of Hargreaves
Some frustrated Woodford investors have tried to leave Hargreaves Lansdown, but were prevented for a technical reason involving the workings of 'share classes'.
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Electric vehicles will be exempt from company car tax next year 11 Jul 9:57am Updated Electric vehicles will be exempt from company car tax next year
Those who choose pure electric models will pay zero company car tax for the year from April 2020, one per cent tax from April 2021 and two per cent BIK from April 20222, the government confirmed.
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Minsters call for a crackdown on car tyres and brakes over air pollution 11 Jul 7:48am Minsters call for a crackdown on car tyres and brakes over air pollution
A new report published by the Air Quality Expert Group said particles from brakes, tyres and road surfaces directly contribute to more than half of particle pollution from road transport.
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No Deal Brexit is not big risk, says Aston Martin boss 11 Jul 6:25am Updated No Deal Brexit is not big risk, says Aston Martin boss
Andy Palmer said he is bored of Brexit and broke with other car bosses by calling for the country to leave the European Union in October even if no deal has been reached.
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Living standards now more equal across UK regions than at any point since 1979 11 Jul 6:24am Updated Living standards now more equal across UK regions than at any point since 1979
Disposable income inequality between regions has halved since reaching a peak in 1990. In that year, incomes in the richest region, the South East of England, were £10,307.
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Ponzi scheme couple who were handed more than £15m by over 1,000 savers are told to repay £3.4m  11 Jul 6:24am Updated Ponzi scheme couple who were handed more than £15m by over 1,000 savers are told to repay £3.4m 
Samuel and Shantelle Golding, aged 42 and 40, were handed more than £15m by over 1,000 savers through their firms Digital Wealth and Outsourcing Express.
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Woodford savers blocked from moving fund away from Hargreaves Lansdown 11 Jul 4:25am Updated Woodford savers blocked from moving fund away from Hargreaves Lansdown
Many savers tried to switch fund supermarkets after Hargreaves was criticised for backing Neil Woodford's funds right up until he froze withdrawals from his Equity Income fund.
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StepChange find 1 in 3 holders of high interest subprime credit cards are in problem debt 11 Jul 3:52am Updated StepChange find 1 in 3 holders of high interest subprime credit cards are in problem debt
As many as one in three people who hold subprime credit cards with interest rates as high as 70% are in problem debt, according to a new report released by the debt charity StepChange.
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