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Day: 13 February 2015

Equities lifted by raft of positive news

Rising oil and stronger German economy move FTSE 100 closer to all-time high

An uplift in the oil price and better than expected growth figures from the Eurozone helped push the FTSE100 index of leading shares closer to their all-time high. London’s riseRead More

Former Labour trade minister Lord Digby Jones says party leader Ed Miliband ‘dislikes and doesn’t understand wealth creation’

former Labour trade minister has launched a scathing attack against Ed Miliband after claiming the Labour leader dislikes and doesn’t understand wealth creation.

Discount supermarkets Aldi and Lidl took a combined 10% share of the UK grocery market in last 3 months, according to data from Nielsen

Discounters Aldi and Lidl now account for more than 10 per cent of the UK’s grocery sales, taking £1 in every £9.31 spent at supermarkets in the last three months.

Number of new homes being built fell for first time in two years as construction industry suffers quarterly setback

HSBC chairman Douglas Flint and HMRC chief executive Lin Homer to face Treasury Select Committee grilling over Swiss bank scandal on 25 February

Labour pledges to extend clawback for bankers’ bonuses to 10 years if it wins the General Election in May

Project will create 6,000 jobs

Virgin Media invests £3bn in Britain’s broadband network

Virgin Media has stepped up the battle with BT and Sky by announcing what it describes as the single largest investment in broadband digital infrastructure in Britain for more thanRead More

Cost of resolving disputes 'higher than expected'

Trinity Mirror hikes compensation for phone hacking victims to £12 million

Daily Mirror
Trinity Mirror is increasing the compensation set aside for victims of phone hacking from £4 million to £12m after the publisher of the Daily Mirror accepted that the cost ofRead More

Bargain hunters going online or to out-of-town stores

Chancellor urged to boost household income to help Britain’s struggling high streets

Gyle
Chancellor George Osborne is being urged to put more money in people’s pockets in order to boost spending power and give the struggling high street a much-needed lift. Footfall isRead More