House of Fraser to close 31 STORES, 6,000 jobs cut in High Street crisis

HOUSE of FRASER has been given approval by creditors to close 31 stores, resulting in up to 6,000 job losses and dealing another massive blow to the UK high street. Daily Express :: City and Business Feed  More...

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By admin On Friday, June 22nd, 2018
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Merkel’s nightmare as German car giants become first victims of Trump trade war

GERMANY’S massive auto sector looks set to become the first victim of the escalating trade tariff war between Donald Trump’s US and the rest of the world after a car firm slashed its 2018 profit forecast. Daily More...

By admin On Friday, June 22nd, 2018
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Trump’s trade war sees Asian stock markets plummet to six month low

Asian shares stumbled to their lowest in six months on Friday, hurt by signs US trade battles with China and many other countries are starting to chip away at corporate profits, while oil prices were choppy before More...

By admin On Friday, June 22nd, 2018
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Dixons ‘long haul’ as profit dips 24%

THE new boss of Dixons Carphone admitted there is “plenty of work to do” to revive its fortunes after a 24 per cent slump in annual profit. Daily Express :: City and Business Feed  More...

By admin On Friday, June 22nd, 2018
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‘Baloney’ of Asda boss’s pledge

THE boss of Asda was accused of talking “baloney” yesterday as its proposed £14billion merger with Sainsbury’s came under fire from MPs for potentially “cutting the throats” of suppliers. Daily More...

By admin On Friday, June 22nd, 2018
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Fears undermine Berkeley

BERKELEY Group shares subsided 244p to 3893p yesterday as fears over a cooling London housing market overshadowed bumper profits.The FTSE 100 builder lifted annual pre-tax profit by 15.1 percent to £934.9million More...

By admin On Thursday, June 21st, 2018
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EU vs US trade WAR begins TOMORROW: Brussels sends $3.2BN hit to American goods

THE EUROPEAN Commission has confirmed a retaliation against US President Donald Trump’s trade tariffs will begin on Friday. Daily Express :: City and Business Feed  More...

By admin On Thursday, June 21st, 2018
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BAE wins US defence deal

BAE SYSTEMS beat off competition from American rival SAIC to land a £150million contract to supply 30 Amphibious Combat Vehicles to the US Marine Corps. Daily Express :: City and Business Feed  More...

By admin On Thursday, June 21st, 2018
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Factories on fire as output rebounds

FACTORIES rebounded from a slow start to the year with their fastest output growth since December. A CBI survey of 388 firms said the surge in activity in the three months to June was broadly based but growth is More...

By admin On Thursday, June 21st, 2018
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Venezuela triples minimum wage to 86p a month as inflation soars 25,000 PERCENT

VENEZUELA has tripled its minimum wage to 3 million bolivar notes per month – a sum now equivalent to a mere $ 1.14 – as hyperinflation soars to 25,000 percent. Daily Express :: City and Business Feed  More...