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  • Tuesday newspaper round-up: Brexit setback, debts rise, FOBTs, Virgin Money

    Tuesday 13 Nov 2018

    (Sharecast News) - Theresa May's efforts to secure a Brexit deal by the end of March have suffered a serious setback after it emerged that UK and European Union negotiators were struggling to bridge the gap over the Irish border backstop in time for a November summit. The prime minister was forced to admit that "significant" issues remained despite talks that went on until the early hours of Monday morning. Unless there is dramatic progress by the end of Wednesday, the exit timetable will become increasingly squeezed. - Guardian

  • Monday newspaper round-up: Pay, Brexit, manufacturers, IAG, FOBTs

    Monday 12 Nov 2018

    (Sharecast News) - Millions of workers are in line for a significant pay rise as two thirds of ­employers expect to dish out above-inflation increases in the next 12 months. The Chartered Institute of Personnel and Development (CIPD) found 65pc of employers expect to raise pay by more than 2pc in the coming year, up from 52pc this time last year. Over a quarter expect to raise pay by more than 3pc. - Telegraph

  • Sunday newspaper round-up: Brexit, Vodafone, Babcock, Barclays, PPI claims

    Sunday 11 Nov 2018

    (Sharecast News) - Theresa May has been plunged into a deeper crisis after Brussels rejected her key Brexit proposal, which was intended to avoid the UK being trapped in an indefinite customs union. The prime minister had hoped to unite her cabinet and overcome the final hurdle in negotiations with the EU by offering to create an "independent mechanism" to oversee how the UK might leave a temporary customs arrangement if Brexit talks collapsed. - Sunday Times

  • Friday newspaper round-up: Brexit, gig economy, Italy, high streets

    Friday 09 Nov 2018

    (Sharecast News) - A Brussels plan to put a customs border in the Irish Sea if there is no Brexit agreement will be included in a divorce deal, a leaked letter from Theresa May suggests. The prime minister was accused last night of breaking her promise to the Democratic Unionist Party that she would never sign up to a deal that could allow Northern Ireland to be divided from the rest of the United Kingdom. - The Times

  • Thursday newspaper round-up: RICS, MoD, Toshiba, News Corp

    Thursday 08 Nov 2018

    (Sharecast News) - The UK property market is at its weakest for six years, with prices flat or falling across half the country according to Britain's official surveyors body, with reports that sales are "in limbo" until a Brexit deal emerges. The Royal Institution of Chartered Surveyors (Rics) said its monthly survey of members found "the weakest reading since September 2012" in October, with prices falling in London, the south-east, south-west and East Anglia. - Guardian

  • Wednesday newspaper round-up: LLoyds, BHP, Barclays, bacon and sausages

    Wednesday 07 Nov 2018

    (Sharecast News) - Donald Trump claimed "tremendous success" despite his party losing control of the House of Representatives in midterm elections last night after mixed results saw Republicans strengthen their grip on the Senate. The results were hailed as a turning point by Democrats in elections billed as a verdict on the first two years of Mr Trump's divisive presidency but fell short of a "blue wave" of sweeping victories. - The Times

  • Tuesday newspaper round-up: Bird, US-Iran, October retail sales

    Tuesday 06 Nov 2018

    (Sharecast News) - The chancellor is prioritising jobs in the gambling industry over the lives of addicts by delaying a cut in maximum stakes on fixed-odds betting terminals, the chair of an influential committee of MPs has said. Nicky Morgan, who chairs the Treasury committee, criticised the decision to put off the stake reduction until October next year, citing a warning from the former sports minister Tracey Crouch - who resigned over the delay last week - that two people take their lives every day due to gambling addiction. "It is the case that the government has prioritised the preservation of jobs in the gambling industry over the addiction of those who suffer from these machines," she said. - Guardian

  • Monday newspaper round-up: Living wage, trade war, Restaurant Group, GE

    Monday 05 Nov 2018

    (Sharecast News) - More than 180,000 workers are set for an inflation-beating pay rise, as the UK living wage rises against a backdrop of increases in transport costs, private rent and council tax. The pay rate, a voluntary measure adopted by more than 4,700 employers, including Aviva, Burberry and Ikea, will increase by 2.9% to £9 an hour across the country and by 3.4% to £10.55 in London. - Guardian

  • Sunday newspaper round-up: Brexit, Iran, personal data, Rio Tinto, M&S

    Sunday 04 Nov 2018

    (Sharecast News) - Theresa May has secured private concessions from Brussels that will allow her to keep the whole of Britain in a customs union, avoiding a hard border in Northern Ireland. They expect this to placate remainer Tories and win over some Labour MPs, while a potential political deal on a "future economic partnership" (FEP) with the European Union that will allow Britain to keep open the prospect of a free trade deal is seen as likely to appeal to Eurosceptics. - Sunday Times

  • Friday newspaper round-up: Trade deal, HMRC, Dell, FOBTs

    Friday 02 Nov 2018

    (Sharecast News) - Asian shares have surged on reports that Donald Trump wants to reach an agreement with Chinese president Xi Jinping about the trade dispute that has dogged markets for months. The US president spoke to Xi on Thursday and later tweeted that trade talks with China were "moving along nicely" ahead of face-to-face talks between the pair at the G20 summit in Argentina later this month. - Guardian

  • Thursday newspaper round-up: Philip Green, EasyJet, Mothercare, Randgold/Barrick

    Thursday 01 Nov 2018

    (Sharecast News) - New home registrations in Britain have reached their highest level in more than a decade, boosted by a number of large developments in London, according to an industry body. But the National House Building Council (NHBC), which released the figures, also warned of caution in the industry until the economic impact of Brexit becomes clearer. - Guardian

  • Wednesday newspaper round-up: Brexit, Facebook, Amazon, China, Sports Direct, Evans Cycles

    Wednesday 31 Oct 2018

    (Sharecast News) - A disorderly no-deal Brexit would plunge the UK into recession, cost a million Britons their jobs and leave households an average of £2,700 a year out of pocket, according to a leading global credit rating agency. Standard & Poor's said that the UK's AA sovereign rating, the third highest grade, would be cut if Theresa May failed to secure a deal. - The Times

  • Tuesday newspaper round-up: Budget, Trump, Afren, Restaurant Group

    Tuesday 30 Oct 2018

    (Sharecast News) - Philip Hammond will allow the government's spending deficit to rise next year as he seeks to pay for the first round of extra NHS spending and a series of measures that will "bring an end to the era of austerity". The chancellor sanctioned a rise from 1.2% to 1.4% in the annual deficit between this year and 2019/20 as he sought to honour promises made by the prime minister to boost spending on health, local authority housing and a freeze on fuel duty. - Guardian

  • Monday newspaper round-up: Brexit, debt, BT, LandSec, Tesla

    Monday 29 Oct 2018

    (Sharecast News) - American companies were among consultancies paid more than £1.5 million last month to advise officials drawing up plans to implement Brexit. Figures released by the Cabinet Office reveal the extent of spending on project management fees by the teams co-ordinating the government's response to leaving the EU. - The Times

  • Sunday newspaper round-up: Budget, Brexit, banks, Debenhams, FirstGroup

    Sunday 28 Oct 2018

    (Sharecast News) - The chancellor will cut business rates bills by a third for almost half a million small high street shops in a £1.5bn spending pledge to fight the threat posed by Amazon and other online retailers. In next week's budget, Philip Hammond will order £900m of immediate business rates relief for small retailers in an effort to combat shuttered shops on the high street, where small businesses have been threatened by high rates and the rapid rise of online shopping. - Observer

  • Friday newspaper round-up: Brexit, debt warning, Halfords, LSE

    Friday 26 Oct 2018

    (Sharecast News) - Britain's economic growth will slow to its lowest rate in a decade if it leaves the European Union without a trading deal in place, the National Institute of Economic and Social Research has warned. The institute, which uses the Treasury's forecasting model, said that a no-deal Brexit would push growth down to 0.3 per cent in 2019, a slowdown not seen since the aftermath of the global financial crisis in 2009 when the economy shrank by 4.2 per cent. - The Times

  • Thursday newspaper round-up: Debenhams, Microsoft, WPP, Afren

    Thursday 25 Oct 2018

    (Sharecast News) - Debenhams has confirmed plans to shut up to 50 stores, nearly a third of the UK-wide chain, putting up to 5,000 jobs at risk. The struggling department store also unveiled a near £500m annual loss as it writes off the value of its brand and the cost of unwanted shop leases and IT systems. Debenhams, which currently has 165 stores and employs 27,000 people, is struggling to adapt as shoppers switch away from the traditional high street towards spending more on leisure activities and to buying online. Nearly a quarter of all spending on fashion purchases is now made on the internet. - Guardian

  • Wednesday newspaper round-up: Fracking, Brexit, Facebook, Patisserie Holdings

    Wednesday 24 Oct 2018

    (Sharecast News) - Fracking operations in Lancashire have been shut down after seismic activity was detected. The move came a little more than a week after the process was restarted in the UK for the first time since it was banned in 2011. Cuadrilla Resources, which is carrying out the operations at its Preston New Road site, confirmed it paused work early on Tuesday as a precaution because of the microseismic event, which was measured at a magnitude of 0.4 and within the limit allowed by UK authorities. - Guardian

  • Tuesday newspaper round-up: Netflix, Budget, tax-free shopping, Patisserie Valerie

    Tuesday 23 Oct 2018

    (Sharecast News) - Netflix has announced plans to raise a further $2bn (£1.5bn) in debt, adding to mounting long-term liabilities which now total more than $30bn. The US streaming service said the money raised will be used for a range of "general corporate purposes", from buying new programmes and films to acquisitions. - Guardian

  • Monday newspaper round-up: Energy bills, Hammond, Lloyd's of London, Debenhams

    Monday 22 Oct 2018

    (Sharecast News) - Around a third of dual fuel energy tariffs will leave customers paying more than the government's price cap when it takes effect at the end of the year. While ministers have promised that the cap will protect 11m households on poor-value default tariffs, the measure does not apply to fixed tariffs which are usually thought to be more competitive. - Guardian

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