'No deal' Brexit will cost families £500 – study

‘No deal’ Brexit will cost millions of families £500 a year, report claims Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By ‘No deal’ Brexit will cost millions of families £500 a year, report claims Higher tariffs would drive up the cost of food and everyday essentials – hitting the poorest households hardest, a study finds. 07:41, UK, Tuesday 17 October 2017 Image: Households would face higher shopping bills if the UK imposes tariffs on the EU, a report finds Twitter Facebook Google+ Whats App Mail By John-Paul Ford Rojas, Business Reporter More than three million families would be hit by price

Source

Read More...

Govt closes merger 'loopholes' over security fears

Government closes foreign merger ‘loopholes’ to tackle security threats Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Government closes foreign merger ‘loopholes’ to tackle security threats Military product-makers and advanced IT firms will face greater scrutiny for takeovers that pose a risk to national security. 09:08, UK, Tuesday 17 October 2017 Image: Ministers will be able to scrutinise takeover companies with a turnover of more than £1m Twitter Facebook Google+ Whats App Mail By Aubrey Allegretti, Political Reporter The Government has increased its powers to intervene in foreign company mergers that raise national security concerns in the UK. Military product-makers and advanced technology

Source

Read More...

Terror-hit Merlin plunges despite Peppa deal

Terror-hit Merlin shares plunge despite Peppa Pig deal Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Terror-hit Merlin shares plunge despite Peppa Pig deal The scale of terror attacks combined with cost pressures has prompted the entertainments giant to re-think its plans. 09:20, UK, Tuesday 17 October 2017 Image: The London Eye is one of Merlin’s attractions Twitter Facebook Google+ Whats App Mail By John-Paul Ford Rojas, Business Reporter Shares in London Eye operator Merlin plunged by 20% after it said the scale of terrorism “at record levels of intensity in Europe” was having a major impact. Merlin also announced new

Source

Read More...

Food price rises see inflation climb to 3%

Food price rises help inflation climb to five-year high Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Food price rises help inflation climb to five-year high 09:49, UK, Tuesday 17 October 2017 Image: Food prices were one of the main contributors to the rise in inflation Twitter Facebook Google+ Whats App Mail Inflation rose to 3% in September, its highest level in more than five years, the Office for National Statistics (ONS) said. The Consumer Prices Index (CPI) measure of inflation rose from 2.9% in August thanks partly to higher food prices. It was the first time CPI inflation has reached

Source

Read More...

Energy firms told to support customers in debt

Energy customers building up £800 in debts before suppliers act Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Energy customers building up £800 in debts before suppliers act Energy regulator Ofgem says some suppliers are letting customers build up debts of £800 before they are put on repayment plans. 09:38, UK, Monday 16 October 2017 Image: Ofgem named companies it said were allowing customers to build up debt of more than £800 Twitter Facebook Google+ Whats App Mail By John-Paul Ford Rojas, Business Reporter Some energy companies are allowing households to build up arrears of more than £800 on their bills

Source

Read More...

UK not ready for rate hike, warns forecaster

Rate hike could hurt fragile economy, forecaster warns Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Rate hike could hurt fragile economy, forecaster warns Rising inflation could add to pressure for a hike next month but the EY ITEM Club cautions against acting amid weak growth. 09:28, UK, Monday 16 October 2017 Image: Expectations are rising that the Bank of England could raise rates in November Twitter Facebook Google+ Whats App Mail By John-Paul Ford Rojas, Business Reporter The Bank of England should hold back on raising interest rates until the UK’s economic prospects look brighter, according to an influential forecasting

Source

Read More...

CBI chief throws weight behind Chancellor

Brexit divisions return as CBI boss throws weight behind Hammond Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Brexit divisions return as CBI boss throws weight behind Hammond Philip Hammond should be “unambiguously supported” during the Brexit negotiations, Paul Drechsler has told Sky News. 14:18, UK, Friday 13 October 2017 Image: Paul Drechsler is president of the Confederation of British Industry (CBI) Twitter Facebook Google+ Whats App Mail By Mark Kleinman, City Editor The president of Britain’s biggest business lobbying group has urged ministers to unite behind Philip Hammond following calls from a pro-Brexit politician for the Chancellor to be sacked

Source

Read More...

Manufacturing boost fails to lift 'muted' economy

Manufacturing boost fails to lift ‘muted’ economy, survey finds Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Manufacturing boost fails to lift ‘muted’ economy, survey finds A survey of businesses suggests Britain’s economy is showing little sign of improving on its steady but sluggish growth rate. 14:55, UK, Friday 13 October 2017 Image: Factories reported a rise in exports and domestic orders in the third quarter of 2017 Twitter Facebook Google+ Whats App Mail By Sunita Patel-Carstairs, Business Reporter A boost in manufacturing has failed to lift the UK economy which grew at a “muted” rate in the third quarter of

Source

Read More...

Weinstein claims: Amazon Studios boss suspended

Amazon Studios chief Roy Price suspended amid Harvey Weinstein claims Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Amazon Studios chief Roy Price suspended amid Harvey Weinstein claims Actress Rose McGowan alleges that she told Roy Price “over and over” that she had been raped by Hollywood mogul Harvey Weinstein. 08:43, UK, Friday 13 October 2017 Image: Roy Price (L) pictured with disgraced producer Harvey Weinstein Twitter Facebook Google+ Whats App Mail Amazon Studios chief Roy Price has been suspended amid claims he “ignored” allegations Harvey Weinstein raped actress Rose McGowan. In a series of posts on Twitter, McGowan claimed she warned Price

Source

Read More...

Goodbye Mr Chip: 'Crisis' sees Samsung boss quit

Goodbye Mr Chip: Samsung Electronics boss quits over ‘unprecedented crisis’ Search Watch Live Home UK World Politics US Ocean Rescue Tech Business Entertainment Offbeat Weather Sponsored By Goodbye Mr Chip: Samsung Electronics boss quits over ‘unprecedented crisis’ As the company forecasts record-high quarterly profits, Kwon Oh-hyun says he’s standing down because of an “unprecedented crisis”. 08:21, UK, Friday 13 October 2017 Image: Kwon Oh-hyun says it is time for ‘a new spirit and young leadership’ at the company Twitter Facebook Google+ Whats App Mail By Sunita Patel-Carstairs, Business Reporter The chief executive of Samsung Electronics has resigned, with a warning that the South Korean technology giant is in the throes

Source

Read More...