EconomyLoop
where regional business news becomes global to everyone

Anti-Adani protest censored by operators of Melbourne's Federation Square

Exclusive: Operators demand images of newspaper headlines and politicians, and ‘explicitly negative’ environmental messages be removedThe operators of Melbourne’s Federation Square have censored the content of an anti-Adani slideshow presented there,... read more

 The Guardian2 hours ago

     
Millennials spend three times more of income on housing than grandparents

David Willetts warns of ‘housing catastrophe’ as he launches study that lays bare intergenerational inequalityMillennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, sa... read more

 The Guardian3 hours ago
Toys R Us goes bust - but UK stores are safe

In what is believed to be the largest filing of its kind by a specialty retailer, the company applied to courts in the US and Canada for permission to restructure debts of £3.7 billion.... read more

 Daily Mail5 hours ago
Can you profit from investing in sport?

Could the stonking fees paid for stars such as Manchester United's new £75 million striker Romelu Lukaku be a sign that there's money to be made for investors?... read more

 Daily Mail5 hours ago
Leeds Building Society rates to get boost from October

The fifth largest society is bucking the trend as most firms offer their best deals only to new customers. Savers at Leeds BS will all earn a minimum of 0.5 per cent on taxable accounts and cash Isas.... read more

 Daily Mail5 hours ago
Day Britain fought back against the takeover predators

Business Secretary Greg Clark last night pledged to publish plans this autumn to ensure investment from overseas did not pose a threat to national security.... read more

 Daily Mail5 hours ago
Savers losing 2% a year to rising prices

Virgin Money Defined Access Isa, pays 1.06 per cent. But inflation rose to 2.9 per cent in August, pushed up from 2.6 per cent the previous month by higher fuel costs and the price of clothes.... read more

 Daily Mail5 hours ago
ON THE BOARD: Former Glaxo boss Sir Andrew Witty

Sir Andrew Witty, who retired from GSK earlier this year, has been appointed as a venture partner, focused on the company’s strategic positioning in the global health care industry.... read more

 Daily Mail5 hours ago
DAN HYDE: Clip Ryanair's wings

The worst thing about having a flight cancelled isn't the battle to win compensation - it's the devastating effect on your holiday. How on earth do you tell the kids they're staying at home?... read more

 Daily Mail5 hours ago
ASK TONY: Amazon refused refund for wrong dresses

My wife ordered three bridesmaid dresses from Amazon Marketplace costing £150.23 with postage. The colour was not as described and they were the wrong sizes.... read more

 Daily Mail5 hours ago
Coventry launches top easy-access Isa at 1.05%

Charter Savings Bank’s new Easy Access Cash Isa issue 4 also pays 1.05 per cent. It puts the bank just behind the top deal from Virgin Money’s Defined Access Isa at 1.06 per cent.... read more

 Daily Mail5 hours ago
Rise of the DIY funeral

The basic costs of cremation or burial, plus hiring funeral directors, doctors and ministers, has squeezed the amount that families have left to spend on send-offs, according to research by SunLife.... read more

 Daily Mail5 hours ago
Fix your home loan now! Cash in on the big autumn sale

Homeowners have been warned again and again that rates are set to rise, but each time it’s proved a false alarm. Now they should be worried by the Bank of England’s latest warning.... read more

 Daily Mail5 hours ago
How young homebuyers are walking into a debt TIMEBOMB

Figures buried in an official report show banks are lending more money to borrowers who can barely afford to get on the property ladder than at any time since the financial crisis.... read more

 Daily Mail5 hours ago
Fund that made Norway richer hits $1 trillion

The fund, which invests Norway's oil and gas revenues and described by some as the world's largest piggy bank, is worth £140,000 for every man, woman and child in the country.... read more

 Daily Mail5 hours ago
Ryanair flight chaos: How you can fight back

About 400,000 Ryanair passengers have had their flights cancelled at the last minute — ruining their hopes of a smooth autumn getaway.... read more

 Daily Mail5 hours ago
ALEX BRUMMER: Britain no longer for sale

The UK has long prided itself on its model of laissez-faire capitalism and openness to takeovers. But the system has been widely abused by unscrupulous domestic buyers and global firms.... read more

 Daily Mail5 hours ago
War veterans lumbered with £11,000 of loans

Current and former members of the Armed Forces who are seeking debt advice owe an average £11,240 on top of mortgages and car loans, according to insolvency service Creditfix.... read more

 Daily Mail5 hours ago
KPMG cleared for failing to spot HBOS collapse

KPMG signed off the lender’s 2007 accounts at the dawn of the financial crisis – but months later it was teetering on the brink and was bought by Lloyds in a £12bn rescue deal.... read more

 Daily Mail5 hours ago
MARKET REPORT: Builders up as brokers bet on house prices

recent weeks, with directors at Redrow, Cairn and Berkeley Group scaring off investors by dumping more than £200m worth of their own shares.... read more

 Daily Mail5 hours ago
French Connection prepares to open first shop in a decade

The High Street fashion chain reported a loss of £5.7m for the six months to July 31, down from £7.9m last year. The retailer is preparing to open a store in Manchester in November.... read more

 Daily Mail5 hours ago
DAILY BRIEFING: MJ Hudson opens Luxembourg office

Asset management consultant MJ Hudson has opened an office in Luxembourg to prevent any disruption after Brexit.... read more

 Daily Mail5 hours ago
Equifax knew of hacking threat for six months

As the scandal over the hacking grows, it emerged that experts at IT business Cisco warned a string of businesses including Equifax that their systems were vulnerable as far back as March 8.... read more

 Daily Mail5 hours ago
Reckitt Benckiser chairman Adrian Bellam to step down

The 75-year-old is set be replaced by Chris Sinclair, the current executive chairman of toy maker Mattel, the British consumer goods giant announced yesterday.... read more

 Daily Mail5 hours ago
Yoko Ono halts sale of John Lemon lemonade

Polish company agrees to change its name to On Lemon after legal letters saying drink infringed copyrightYoko Ono Lennon has stepped in to rescue the name of her husband from fizzy pop reinvention, taking legal action to halt the sale of a lemonade c... read more

 The Guardian8 hours ago
Ryanair’s cost-cutting at the traveller’s expense | Letters

The budget airline’s cancellations will cause chaos, says Adam EwartRyanair’s cancellation of thousands of flights (Report, 19 September) doesn’t come as a surprise – it is a classic example of a budget airline cutting costs at the traveller’s expens... read more

 The Guardian8 hours ago
Government backs tighter rules on takeover of UK companies

Takeover Panel says bidders should say what will happen to head office and R&D in wake of row over Kraft’s Unilever bid Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head off... read more

 The Guardian9 hours ago
51% of young women have to borrow to make cash last until payday

Survey finds a quarter of millennials are constantly in debt, thanks to low pay, zero-hours contracts and rising prices More than half of young women have to borrow to make their cash last to the end of the month, highlighting the impact of stagnatin... read more

 The Guardian10 hours ago
Number of workers on zero-hours contracts drops to three-year low

Data suggests break in trend for employing staff without guaranteed minimum hours, a practice that has been heavily criticisedThe number of people on zero-hours contracts in the UK has fallen to its lowest level in more than three years, as companies... read more

 The Guardian10 hours ago
Lifecycle of a diesel car produces more CO2 than petrol

Buy diesel cars, their CO2 emissions are lower. That's what motorists were told by the previous government. But over their lifecycle that's not really the case, claims a campaign group.... read more

 Daily Mail10 hours ago
Deutsche Bank: Central banks are OUT of ammunition if recession hits

FINANCIAL experts have warned central banks across the world are “out of ammunition” to combat a second global recession.... read more

 Daily Express10 hours ago
Three top tips for creating an amazing promotional banner

When it comes to promoting a business, a brand, an event, or simply informing the public, PVC banners remain the first choice, for many reasons. Get the creative design of your banner right and it will be attention grabbing and informative, and pull ... read more

 SB11 hours ago
Pensions to British expats could STOP without Brexit deal

Pension and insurance deals could enter legal limbo, leaving British expats and other EU residents facing financial hardship if their payouts are cut off after March 2019.... read more

 Daily Mail11 hours ago
Cadbury employees win inflation-linked pay deal of 3.2%

Workers at three Cadbury sites in the UK will get rise of 3.2%, based on the RPI, and improved maternity pay, says Unite unionWorkers at three Cadbury plants have won an inflation-linked pay deal for the next two years, bringing employees relief from... read more

 The Guardian11 hours ago
Equity release vs the retirement interest-only mortgage

The City watchdog has signalled the return of interest-only mortgages for older borrowers - but should you wait to remortgage or do equity release now?... read more

 Daily Mail11 hours ago
Lloyd’s of London firm moves European base to Dublin over Brexit

Insurance syndicate XL Group one of several companies choosing Irish capital to guarantee access to EU single marketOne of Lloyd’s of London’s largest insurance syndicates is to move its European headquarters to Dublin because of Brexit, Ireland’s pr... read more

 The Guardian11 hours ago
Ipswich takes the title of best place to start a new business in 2017

Ipswich has been named the best location to start a small business in the UK, according to new research compiled by Informi, the website offering free practical advice and support for small businesses. Following on from the Small Business Advice Week... read more

 SB11 hours ago
GBP v EUR: Pound slips as chaos continues following Boris Johnson's Brexit comments

THE pound has registered mild losses versus the euro this afternoon, although sterling has risen from the day’s worst levels after technical factors saw GBP tumble.... read more

 Daily Express11 hours ago
First Direct launches best buy personal loan at 3% on £30k

First Direct has slashed the rate across its larger personal loan bracket to a market-beating 3 per cent. There is a catch however, to apply you must already have a current account with the bank.... read more

 Daily Mail11 hours ago
UK's oil reserves could dry up within the next 10 years

Around 10 per cent of the country's original recoverable oil supplies remain, a study of output from offshore fields by Professor Roy Thompson in The Edinburgh Geologist reveals.... read more

 Daily Mail12 hours ago
UK's fatcat financiers rake in biggest bonuses since 2001

While the average bonus for employees across all sectors in the UK is £1,600, finance and insurance workers took home £14,770 in bonuses in the last year, the Office for National Statistics said.... read more

 Daily Mail12 hours ago
British Small Business Awards 2017: Business Lender of the Year shortlist

The British Small Business Awards 2017, organised by SmallBusiness.co.uk and GrowthBusiness.co.uk, sponsored by Travelers, Salesforce and Dun & Bradstreet and held on November 1 at the Grand Connaught Rooms, London, is the leading awards ceremony in ... read more

 SB12 hours ago
A few effective tax tips for small business owners

Small business owners often feel overwhelmed when they are running their businesses. They have to take care of marketing, inventory, business deals, promotions etc. It is easy to forget about taxes in a situation like this. Unfortunately, a mistake l... read more

 SB12 hours ago
A third of employees see artificial intelligence as a job creator

One in three employees believe artificial intelligence (AI) will increase the number of jobs available in the future, with millennials especially positive, reveals CCS Insight’s latest employee enterprise survey. The survey of more than 650 employees... read more

 SB12 hours ago
Tycoon says he needs subsidy to build Land Rover Defender successor in UK

Ineos founder Jim Ratcliffe says he would like to make vehicle in Britain, but workforce is more skilled in GermanyThe billionaire businessman Jim Ratcliffe has warned it will only be possible to build a successor to the Land Rover Defender in the UK... read more

 The Guardian12 hours ago
Why were HBOS auditors cleared? We need a full explanation | Nils Pratley

Financial watchdog the FRC has closed its investigation into accountancy firm KPMG – we need a full report on the caseIn its annual report and accounts for the year ending 31 December 2007, HBOS reported a profit before tax of £5.5bn. Those accounts ... read more

 The Guardian12 hours ago
How to fill the health and safety knowledge gap in your business

Understanding all the health and safety laws and regulations that impact businesses in the UK can be a tall order. It’s often challenging for Environmental Health and Safety managers to stay abreast of developments and changes, so it’s no surprise th... read more

 SB12 hours ago
Retirement: Durrants Village is top of the class

AFTER a career as a primary school teacher, Rosemary Wallace is enjoying being on the other side of the desk at classes and workshops for residents at the Renaissance Villages over-55s development where she lives.... read more

 Daily Express12 hours ago
Esure could be for sale as Peter Wood looks to sell shares

SHARES in motor insurer esure have risen following reports that its biggest stakeholder is looking to sell.... read more

 Daily Express12 hours ago
Social shopping: Take your strategy from Debenhams

Nowadays everyone is familiar with, and well-versed in, online shopping. It seems like a vast amount of retailers both big and small now have online storefronts for their customers to make use of. So, what about the new concept of 'social shopping'? ... read more

 SB13 hours ago