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News: Money

UK growth 'boosted in part by warm weather'

Wednesday  15:50,   10 october 2018
news.sky

The UK economy grew by 0.7% in the three months to August, according to official figures which proved better than expected but contain evidence of a new slowdown. The Office for National Statistics (ONS) said retail, food and drink production and... >>>

Home of Crufts set for £800m sale this week

Wednesday  13:26,   10 october 2018
news.sky

An £800m-plus bidding war for one of Britain's entertainment and exhibition venues will be settled within days as a quartet of buyout firms vie to buy the home of Crufts. Sky News has learnt that private equity firms including Blackstone, TDR... >>>

Pounds hits four-month high on euro as Brexit negotiators near deal

Wednesday  12:05,   10 october 2018
msn

Reports suggested an exit deal could be struck by Monday.Sterling was at its highest level versus the eurozone currency since June, rising 0.4% to trade... >>>

Gwyneth Paltrow Hits Back at Goop Critics: There's 'Power in the Human Body to Heal Itself'

Wednesday  09:05,   10 october 2018
people

Gwyneth Paltrow Hits Back at Goop Critics: There's 'Power in the Human Body to Heal Itself'The CEO and founder, 46, recently sat down for an interview with the BBC in which she addressed prevalent criticisms aimed at her company. Paltrow >>>

Durkin to stage comeback as Cenkos chief

Wednesday  06:50,   10 october 2018
news.sky

A former chief executive of Cenkos Securities, the City stockbroker, is to stage a surprise comeback by returning to the helm less than 18 months after retiring from the firm. Sky News has learnt that Jim Durkin has been asked by Cenkos's board to... >>>

It’s better to be born rich than talented

Wednesday  01:25,   10 october 2018
washingtonpost

The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents, and other dispatches from the point where genetics intersects with economics.Using one new, genome-based... >>>

HSBC fined over 'contaminated' home loans

Wednesday  01:25,   10 october 2018
news.sky

HSBC sold "contaminated" home loans to investors in the run-up to the financial crisis according to allegations set out by the US Department of Justice (DoJ) as it confirmed a $765m (£582m) penalty for the bank. The claims relate to the banking... >>>

Most valuable rare £2 coins in circulation - and how much they're worth

Wednesday  01:25,   10 october 2018
inews.co.uk

Most valuable rare £2 coins in circulation - and how much they're worthBut there are some rare variants on the coin, and limited edition version, that are worth a lot more to collectors, and could fetch you a pretty penny at... >>>

Accounting giants face competition review

Wednesday  01:25,   10 october 2018
news.sky

Britain's competition watchdog has launched a fast-track review into the audit sector after concerns raised following the collapse of construction giant Carillion. The Competition and Markets Authority (CMA) will look at the dominance of the... >>>

IMF backs PM's plan to end austerity: Watchdog gives green light to boost Britain's economy after budget deficit is slashed

Wednesday  01:25,   10 october 2018
dailymail.co.uk

The Washington-based watchdog said the reduction in the deficit – from a record £153bn under Labour in 2009-10 to £39.9bn last year – has given the Chancellor space to ease austerity measures to boost the economy.The Washington-based watchdog said... >>>

Late global megaprojects that blew the budget

Tuesday  19:50,   09 october 2018
lovemoney

Megaprojects from around the world that turned into mega... >>>

Who has bought Britain's most expensive home? Mystery buyer secures two-storey penthouse at London's One Hyde Park for £160million (complete with two parking spaces and lovely park views)

Tuesday  19:50,   09 october 2018
dailymail.co.uk

An elusive buyer has snapped up Britain's most expensive home, in one of the country's most exclusive enclaves. The owner, listed as two companies based in Guernsey, used a mortgage from Credit Suisse Group AG to pay for the penthouse... >>>

James Murdoch quits Sky as Comcast takes control

Tuesday  19:25,   09 october 2018
news.sky

James Murdoch has resigned from the board of Sky plc, owner of Sky News, as Comcast takes majority control in a £29.7bn deal. Mr Murdoch's departure together with that of six other directors was announced by Sky shortly after Comcast said it was now >>>

Greggs on a roll despite summer heatwave hit

Tuesday  16:55,   09 october 2018
news.sky

Greggs has shrugged off a wobble in demand during the summer heatwave to report a surge in sales. The bakery chain updated its progress as retail industry figures suggested sales fell on the high street last month to put the brakes on spending after >>>