Tesco plans to axe 1,200 jobs as it ramps up its cost-cutting drive

TESCO ramped up its cost-cutting drive yesterday with plans to shed 1,200 head office jobs. Daily Express :: Finance Feed  More...

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By admin On Wednesday, June 28th, 2017
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EU in CRISIS: Slack in eurozone looks worse than we thought, warns ECB vice president

THE slack in the eurozone economy could be greater than the European Central Bank thought and worse than the United States’, the bank’s vice president has warned. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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‘EU desperately needs Britain’ Brussels urged to offer UK access to markets after Brexit

THE European Union must work with Britain to pursue further capital market unity after Brexit, researchers have said. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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Pound v US dollar: GBP at three-week high against USD as IMF downgrade growth forecast

THE pound pushed higher against the US dollar on Tuesday as the International Monetary Fund cut its 2017 growth forecast for the US. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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Will there be a credit crisis? Why the Bank of England is warning about consumer credit

THE Bank of England has raised the alarm over the rapid growth of consumer credit, especially credit card lending and car finance. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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Pound V euro: GBP drops after Draghi comments as DUP-Sinn Fein deal remains in doubt

THE speech from European Central Bank President Mario Draghi drove the GBP/EUR exchange rate lower and the pound has consolidated those losses today. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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Mark Carney reveals TWO graphs that show Brexit is NOT a cataclysmic bombshell for Britain

BANK of England chief Mark Carney has performed a stark u-turn over the outlook for Britain and admitted that investment in the economy is set to pick up as the UK leaves the European Union . Daily Express :: Finance More...

By admin On Wednesday, June 28th, 2017
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IMF downgrades US growth as officials claim Donald Trump’s plan for US economy will fail

THE International Monetary Fund yesterday cut its growth forecasts for the U.S. economy to 2.1 percent for both 2017 and 2018, dropping its assumption that President Donald Trump’s tax cut and fiscal spending More...

By admin On Wednesday, June 28th, 2017
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Euro falls after central bank says Mario Draghi’s upbeat economy speech was WRONG

THE euro has fallen from nine-month highs against the dollar, after the European Central Bank moved to downplay apparently optimistic economy comments made by its chief. Daily Express :: Finance Feed  More...

By admin On Wednesday, June 28th, 2017
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BANK’S STARK WARNING: Britain heading for crash if lenders don’t rein in credit binge

BRITAIN could be heading towards another credit-fuelled economic crash as households rack-up debt at an alarming rate, the Bank of England has warned. Daily Express :: Finance Feed  More...