Back Business Monday, August 19, 2019
Search Sections 19 Aug
Close
Advertisement
25m Markets rally despite new Germany recession warning - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
 Like Reply

Comments

No comments yet...
Currencies in GBP
EUR 0,90 +0,335%
USD 0,77 +0,784%
CHF 0,78 +0,385%
27m Corporate leaders scrap shareholder-first ideology
BBC
Companies need a fresh direction because capitalism is "fraying", says a powerful US business group.
 Like Reply
57m Markets rally despite new Germany recession warning - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
 Like Reply
1h 12m School lunch standards warning under no-deal Brexit
BBC
Councils' no-deal Brexit plans warn of more expensive school meals and lower nutritional standards.
 Like Reply
1h 19m Leading US bosses drop shareholder-first principle
The Guardian
Business Roundtable urges companies to consider environment and workers
 Like Reply
1h 21m FTSE LIVE: UK stocks stage rebound amid global tension; House prices slip
The Guardian
The FTSE 100 closed up 72.50 points at 7189.65 and the pound was at $1.21 against the dollar.
 Like Reply
FTSE LIVE: UK stocks stage rebound amid global tension; House prices slip1h 49m FTSE LIVE: UK stocks stage rebound amid global tension; House prices slip
The Guardian
The FTSE 100 closed up 72.50 points at 7189.65 and the pound was at $1.21 against the dollar.
 Like Reply
1h 53m Trump calls for big rate cut and economic stimulus
BBC
The US president tells the Fed to consider a one percentage point cut and return to QE money printing.
 Like Reply
2h Greene King pub giant snapped up by Hong Kong firm CKA
BBC
The Suffolk-based pub chain and brewer is the latest to be bought in a wave of consolidation in the sector.
 Like Reply
2h ‘He locked me out of my own home’: readers’ tales of nightmare letting agents
The Guardian
As Stath Lets Flats returns to Channel 4, Guardian readers share their own stories of inept agents and dodgy practices Inappropriate jokes, damp walls, poky dimensions and pests – all for an extortionate price per calendar month. The second series of the Channel 4 comedy
 Like Reply
2h Households cut back on big-ticket spending amid recession fears
The Guardian
Purchases on holidays and cars fall, with UK consumer confidence at lowest ebb in three months UK households have cut back on big purchases such as holidays as fears of a possible recession continue to loom, a survey suggests. Confidence among UK households has fallen to its lowest in three months, according to the latest IHS Markit household finance index, dropping to 43.7 in August from 44.3 the previous month.
 Like Reply
TONY HETHERINGTON: Easytrade deals are easy money - for a scammer 3h TONY HETHERINGTON: Easytrade deals are easy money - for a scammer 
The Guardian
I foolishly agreed to invest with Easytrade.biz. I have asked for my account to be closed and the money returned to my M&S credit card, but have been ignored.
 Like Reply
Will the US election cycle ride to the rescue of the global economy?3h Will the US election cycle ride to the rescue of the global economy?
The Guardian
Warning lights on the global economy have been flashing red over the past couple of weeks with journalists and other commentators queuing up to issue a gloomy prognosis.
 Like Reply
3h Germany could be sliding into recession, central bank warns
The Independent
Fall in exports that drove German economy into contraction in second quarter is still hitting its manufacturing sector
 Like Reply
Six juiciest football finance stories of summer 2019 on This is Moneyball3h Six juiciest football finance stories of summer 2019 on This is Moneyball
The Independent
The football season is back with bang but what happened off the pitch in the summer when it comes to money created major talking points.
 Like Reply
4h Updated Markets rally despite new Germany recession warning - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
 Like Reply
4h Why does Donald Trump want to buy Greenland?
The Guardian
The US president’s talk of a ‘large real estate deal’ says a lot about his view of the world Greenland, and more specifically its purchase by the US, is being actively discussed in Donald Trump’s Oval Office. But what exactly is it that makes one of the world’s most desolate places such an attractive proposition? For the president, it is the
 Like Reply
Supremely rare McLaren F1 with an engine bay bathed in GOLD sells for a record $19.8m4h Updated Supremely rare McLaren F1 with an engine bay bathed in GOLD sells for a record $19.8m
The Guardian
This 1994 F1 LM (Le Mans) with a gold-plated engine bay has become the most expensive McLaren ever sold at auction and the third priciest British-built motor of all time.
 Like Reply
5h Leading US bosses’ group drops principle of shareholder-first
The Guardian
Business Roundtable urges companies to consider environment and workers
 Like Reply
5h US delays Huawei trade ban for another 90 days
BBC
The reprieve allows US companies to do business with Huawei for a further 90 days
 Like Reply
5h Ryanair strikes: Airline has 'blown the chance' of settling pilots' strike, says union
The Independent
'It's worrying to see Ryanair continue to sell tickets for strike days,' said the general secretary of the pilots' union
 Like Reply
FTSE LIVE: UK stocks stage rebound amid global tension; House prices slip5h Updated FTSE LIVE: UK stocks stage rebound amid global tension; House prices slip
The Independent
Investors will remain cautious for the time being as they juggle a lethal cocktail of US-China trade wars, tensions in Hong Kong, a slowing global economy, uncertainty in Italy and Brexit.
 Like Reply
5h Female entrepreneurs are battling Britain's £250bn gender bias problem
The Independent
Just one in five startups that receive investment is founded by a woman, leading to billions of pounds in lost innovation and growth - but change is belatedly occurring
 Like Reply
5h I want to sell my UK home; can I avoid capital gains tax?
The Guardian
I’m a Jersey resident and hear that if I live in my UK house for a year, I don’t have to pay
 Like Reply
6h British Steel: Hundreds of jobs could be cut to raise productivity
The Independent
Productivity at main plant in Scunthorpe is 'very low', says Turkey's Ataer Holdings which plans to complete purchase of British Steel this year
 Like Reply
6h Updated Germany could be falling into recession, warns Bundesbank - business live
The Guardian
Rolling coverage of the latest economic and financial news, as politicians and central bankers face pressure to fight looming downturn
 Like Reply
7h Updated Retail chains swerving the High Street slowdown: Hotel Chocolat, Games Workshop and Lush
The Guardian
The scale of the crisis was encapsulated by the latest BRC-Springboard figures, which found that a tenth of town centre shops currently stand empty - the highest level of vacancies in four years.
 Like Reply
7h 5G battle hots up as EE lodges complaint over Three UK advert
The Guardian
Advertising Standards Authority to investigate whether claims breach code The first hostilities have broken out among telecoms rivals over who offers the best 5G to customers, with EE seeking an advertising ban against claims by Three UK that it offers the only “real” next-generation service. BT-owned EE is understood to have lodged a complaint with the advertising watchdog over an ad campaign by Three UK implying that 5G services offered by rivals are inferior.
 Like Reply
7h Updated Trump plays down fears of US recession
BBC
The US president and his economic adviser Larry Kudlow both say they do not see a recession in the US.
 Like Reply
7h Deloitte reports fall in CEO pay but there were 3.4m reasons to keep the pressure up over excessive rewards
The Independent
The consulting firm found a 13 per cent decline in median CEO pay for the year to end February but there's no cause for complacency
 Like Reply
Henderson Far East Income: Dividend payer blazing a trail of Eastern promise8h Henderson Far East Income: Dividend payer blazing a trail of Eastern promise
The Independent
Henderson Far East Income currently provides investors with an annual income in the region of six per cent - with dividends paid every quarter.
 Like Reply
Pure Gold Mining: Midas takes a look at the Canadian based-firm8h Pure Gold Mining: Midas takes a look at the Canadian based-firm
The Independent
Fears of a global recession are growing. Gold thrives in this kind of environment. It is the ultimate safe-haven purchase, the asset that people buy when they are nervous about the future.
 Like Reply
8h Call for cut in stock market trading hours to aid working parents
The Guardian
Proposal by City lobby groups could make the industry more accessible to women City lobby groups are proposing cutting stock market trading hours to help make banking and asset management more accessible to women and working parents. The Investment Association, which represents City firms with £7.7tn in assets under management, and the banking lobby group the Association for Financial Markets in Europe, are planning to consult their membership on options that include reducing trading hours down from 8.5 hours to 6.5 hours.
 Like Reply
Can an e-bike save you money on the commute?8h Updated Can an e-bike save you money on the commute?
The Guardian
Sales of e-bikes are soaring worldwide, but could the electric revolution save you cash as well as effort? Toby Walne hires one for a day to find out on his commute.
 Like Reply
8h Updated Stimulus hopes lift markets as Trump plays down recession fears - business live
The Guardian
Rolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’
 Like Reply
8h Lidl lines up suppliers to cover no-deal costs
BBC
The supermarket's Irish business reminds British suppliers they are expected to pay EU import tariffs.
 Like Reply
9h Tell us about your worst experiences of letting agents and property viewings
The Guardian
Were there bugs crawling on the walls? Did the estate agent just lie to you? Share your experiences with us Hit sitcom
 Like Reply
9h Home sales jump as looming Brexit deadline unleashes pent-up demand
The Independent
'There's only so long that buyers and sellers can delay the familial, financial and emotional forces driving the need to move,' says analyst at Rightmove
 Like Reply
10h Markets rally as Trump plays down recession fears - business live
The Guardian
Rolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’
 Like Reply
UK enjoys biggest spike in summer house sales since 201511h UK enjoys biggest spike in summer house sales since 2015
The Guardian
Buyers are being spurred into action as sellers become more willing to drop their asking prices in a bid to secure a sale.
 Like Reply
12h Whirlpool has left me using one of its ‘at risk’ tumble dryers for four years
The Guardian
After the alert, I checked my Indesit was safe and it said it was; four years on I’ve checked and it isn’t
 Like Reply
13h Global dividends hit new high but growth slows to just 1.1%
The Guardian
Financial companies achieve fastest rise but technology sector payouts fall Shareholders in companies listed on the world’s stock markets pocketed more than half a trillion dollars in dividends during the second quarter of the year, a record for
 Like Reply
13h White Claw craze: why the canned drink is the obsession of summer
The Guardian
It’s not just a drink – it’s a lifestyle, fans say. White Claw sales have surged 320% since last year, even as the brand was briefly ‘cancelled’ White Claw has become the obsession of the summer. The alcoholic sparkling water is
 Like Reply
13h National Trust objects to plans for big salmon farm off Hebridean isle
The Guardian
Owner of tiny island of Canna says fish farm could harm the environment and economy The National Trust for Scotland has warned that a large salmon farm beside the Hebridean island of Canna could destroy the island’s culture and wildlife. The trust, Scotland’s largest heritage charity, said the proposed fish farm posed unacceptable risks to the sea and the birdlife around the tiny island, and would put its booming tourism economy under great strain.
 Like Reply
17h Iranian tanker at centre of diplomatic row leaves Gibraltar
The Guardian
Shipping data show vessel moving as territory rejects final US request to hold it longer The Iranian supertanker at the centre of a diplomatic row between Britain and Iran left Gibraltar on Sunday night, according to shipping data. The marine traffic monitoring site Refinitiv showed the vessel moving away from the British territory, where it had been held for six weeks.
 Like Reply
19h Britons indulge in surprise pre-Brexit house buying spree
The Guardian
Buyers looking to complete deals before 31 October, says property site Rightmove British house hunters have launched a surprise August buying spree before the scheduled
 Like Reply
19h The floating farm for cows
BBC
Cows are living on a floating farm in the middle of Europe's busiest port of Rotterdam, as part of an experiment to produce food more sustainably, and closer to people.
 Like Reply
BTG chief Louise Makin nets £18million payout after overseeing multi-billion acquisition20h BTG chief Louise Makin nets £18million payout after overseeing multi-billion acquisition
BBC
Makin, 58, ran BTG for 14 years as a listed company. The Boston takeover valued shares at 840p each - 37pc more than their value on the stock market at the time.
 Like Reply
Break-up fears for 240-year-old Doncasters as it flounders under £600m debt20h Break-up fears for 240-year-old Doncasters as it flounders under £600m debt
BBC
Founded in Sheffield during the early days of the steel industry, it has 3,200 staff in locations across England and Wales and in its international divisions.
 Like Reply
Companies aim to beat backlash after string of investor revolts 20h Companies aim to beat backlash after string of investor revolts 
BBC
A host of companies have already taken action to cut back on bosses' payouts, with more expected to follow suit.
 Like Reply
RUTH SUNDERLAND: Political fears stalk markets20h RUTH SUNDERLAND: Political fears stalk markets
BBC
They are mystified that their young adult offspring are acolytes of the Labour leader and can't see the Corbynist socialist brew as the recipe for ruin it most certainly would be, if he ever gained power.
 Like Reply
23h Updated Didcot power station: Power cut as cooling towers demolished
BBC
An electricity pole catches fire moments after a controlled explosion at the Didcot A plant.
 Like Reply
26h Lidl lines up suppliers to cover no-deal costs
BBC
The supermarket's Irish business reminds British suppliers they are expected to pay EU import tariffs.
 Like Reply
27h Iran tanker at centre of diplomatic row set to leave Gibraltar
The Guardian
Iran’s ambassador says vessel is expected to leave after Gibraltar rejects US request to detain it further The supertanker at the centre of a six-week diplomatic row between Britain and Iran is expected to leave Gibraltar on Sunday night, Iran’s ambassador to the UK has said. Hamid Baeidinejad said on Twitter: “With the arrival of two specialised engineering teams to Gibraltar … the vessel is expected to leave tonight.”
 Like Reply
28h Sajid Javid denies floating idea of stamp duty for sellers
The Guardian
Chancellor had suggested he could look at various options, saying he was ‘a low-tax guy’ Sajid Javid has quashed speculation that he could shift stamp duty on to sellers rather than buyers, just two days after
 Like Reply
30h BBC using strong-arm tactics over iPlayer, say independent producers
The Guardian
Small TV companies claim BBC trying to get them to lease shows for longer for same fee The BBC has been accused of trying to strong-arm independent TV producers into extending the availability of their shows on the iPlayer
 Like Reply
Robert Tchenguiz builds up substantial shareholding in bus and rail company FirstGroup30h Robert Tchenguiz builds up substantial shareholding in bus and rail company FirstGroup
The Guardian
Property tycoon Robert Tchenguiz has built a substantial shareholding in FirstGroup in a move reminiscent of his time as a buccaneering corporate raider in the run-up to the financial crisis.
 Like Reply
Burford chiefs under fire over secret payouts: Just how much HAVE they extracted from legal firm30h Burford chiefs under fire over secret payouts: Just how much HAVE they extracted from legal firm
The Guardian
In 2012, they also received shares worth £200 million at today's price in an ownership shake-up. They sold some of them for nearly £120 million last year.
 Like Reply
CASH IN THE ATTIC: Famous Five fans can get £4,000 for heir books30h CASH IN THE ATTIC: Famous Five fans can get £4,000 for heir books
The Guardian
A first edition hardback of their initial adventure, Five On A Treasure Island, below, published in 1942, can fetch £4,000 in top condition.
 Like Reply
New 16-17 Railcard could save you £186 a year30h New 16-17 Railcard could save you £186 a year
The Guardian
The new 16-17 Saver Railcard could be a welcome break for parents who are forking out huge sums for regular train travel to get to work, as well as for their children to get to school or college.
 Like Reply
Holidaymakers are being warned to look out for Artful Dodgers using new tricks to steal valuables 30h Updated Holidaymakers are being warned to look out for Artful Dodgers using new tricks to steal valuables 
The Guardian
Two insurance firms have revealed some surprising claims made by customers on their home insurance policies for thefts abroad.
 Like Reply
Households face heftier energy bills as 67 tariffs end in a month31h Households face heftier energy bills as 67 tariffs end in a month
The Guardian
Thousands of households will see their energy costs rise next month as 67 tariffs end, including deals from four of the 'Big Six' suppliers.
 Like Reply
Persimmon set for yet ANOTHER £1bn as small builders battle to survive 31h Persimmon set for yet ANOTHER £1bn as small builders battle to survive 
The Guardian
Under-pressure housebuilder Persimmon is on track to make another £1 billion in profits this year despite being criticised for providing substandard homes.
 Like Reply
Hedge funds set to clean up with £600m for sale of cleaning company PHS31h Updated Hedge funds set to clean up with £600m for sale of cleaning company PHS
The Guardian
PHS, which puts soap in lavatories, picks up rubbish and delivers water coolers to 300,000 offices across the UK - could change hands for between £500 million and £600 million.
 Like Reply
31h Updated Renewable energy is a blackout risk, warns National Grid after outage
The Guardian
The company, which is responsible for keeping the lights on, has downplayed the role of wind energy in the power cut that caused widespread chaos earlier this month.
 Like Reply
31h G7 leaders need some clear-the-air talks rather than fake smiles | Larry Elliott
The Guardian
The Beatles kept up their pretence but world leaders must face up to their differences and find solutions to potentially corrosive threats Back in 1975 the French president Valéry Giscard D’Estaing had a brainwave. The great powers of the west were reeling from their first post-war recession, which had led to both higher unemployment and rising inflation. America had just suffered the twin blows of Watergate and defeat in the Vietnam war. Giscard thought it would be a good idea at this tricky time to invite the leaders of five other western powers – the US, the UK, West Germany, Japan and Italy – for an informal chat at Rambouillet, a chateau near Paris. And so the modern era of summitry was born. The G6 became the G7 when Canada joined and for a while became the G8 with the inclusion of Russia.
 Like Reply
31h Billionaire Sir Jim Ratcliffe close to deal to build new 4x4 in UK
The Guardian
The Welsh Government says talks with Ineos about building the car in Wales are 'very advanced', raising hopes that hundreds of jobs could be created.
 Like Reply
32h Going global can keep your nest egg growing during market turmoil
The Guardian
The threat of a global recession is hanging over stock markets like the sword of Damocles, but it should not stop investors seeking income from a portfolio of shares bought for the long term.
 Like Reply
TONY HETHERINGTON: Easytrade deals are easy money - for a scammer 32h TONY HETHERINGTON: Easytrade deals are easy money - for a scammer 
The Guardian
I foolishly agreed to invest with Easytrade.biz. I have asked for my account to be closed and the money returned to my M&S credit card, but have been ignored.
 Like Reply
Will YOU be left flat broke by the flat rate pension fiasco?32h Will YOU be left flat broke by the flat rate pension fiasco?
The Guardian
As part of the changes in April 2016 - billed as the biggest pensions shake-up in more than 100 years - a 'flat rate' was introduced.
 Like Reply
34h Plunging peso, grinding poverty: Argentina hears echoes of 2001 crisis
The Guardian
Fiery ex-president Cristina Kirchner is making a comeback as the number two on a resurgent centre-left ticket Father Guillermo Torre, known as Willy to his parishioners, has been through this before. “I arrived here 20 years ago in 1999, right before the economic collapse of 2001,” he said. “Here” is Villa 31, a giant slum that sprawls beside the luxurious Recoleta and Retiro neighbourhoods of central Buenos Aires, a city within a city of which Torre is the parish priest. “Back then Villa 31’s population was 12,500; now it is 45,000,” he says, accepting a constant stream of greetings and hugs from recuperating addicts arriving at his drug rehabilitation centre.
 Like Reply
35h Didcot power station: Last cooling towers demolished
BBC
The last three cooling towers at the Didcot A plant have been brought down in a controlled explosion.
 Like Reply
36h Tech giants despise politics? Hardly – they are in the thick of it and being called out | John Naughton
The Guardian
Silicon Valley’s countercultural aura is gone now that Google develops AI for China and Palantir helps monitor immigrationIf there was one thing that united the founders of today’s tech giants in their early days it was contempt for politics, manifested as suspicion of government and a pathological aversion to regulation (not to mention paying taxes). In part, this was a product of their
 Like Reply
36h Persimmon tries to move itself on to firmer foundations
The Guardian
Results this week should show the housebuilder focusing on the quality of its homes after a period of heavy criticismPersimmon, one of the UK’s biggest housebuilders, has been testing the limits of the phrase “safe as houses” over the past couple of years. Its share price has been up and down as it grappled with two publicity storms. First, there was the outcry over the
 Like Reply
36h Travellers pay price as rail policy runs out of control
The Guardian
As fares rise again, it would be nice to see some coherent decisions in WhitehallMany commuters will have been on holiday, and off the railways, when large parts of the network were shut down in a
 Like Reply
37h May I have a word about… commuter woes | Jonathan Bouquet
The Guardian
Bosses can use all the technology they like to monitor our journeys, but what we really want is a bit of human interaction In the week it was announced that
 Like Reply
17 Aug 8:07pm Lime and soda? No thanks, say non-drinkers
BBC
Diageo's investment in alcohol-free spirit maker Seedlip shows how big firms want to reach non-drinkers.
 Like Reply
17 Aug 7:56pm Can big investors save the world?
BBC
Will the big polluters clean up their acts if the people who actually own them say they must?
 Like Reply
On the top

Date settings

Today is Monday, August 19, 2019

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept