Monthly Archives - November 2017

British consumers ‘resolutely gloomy’ about economic outlook as confidence plummets

British consumers are “resolutely gloomy” about the economic outlook and confidence has tumbled to the lowest level since immediately after the Brexit referendum, a new survey has shown. The GfK consumer confidence index declined from -10 in October to -12 in November, the lowest level since July 2016 and a point lower than analysts had forecast. Joe Staton, head of Market dynamics at GfK, said the survey was particularly worrying for retailers in the lead-up to Christmas. “Sadly, there’s no festive [...]

Topped Out? Bitcoin Flirts with Short-Term Bearish Reversal

Bitcoin prices are taking a hit at press time, and could suffer a deeper pullback over the weekend, the price charts indicate. Notably, it’s only been a day since the cryptocurrency clocked an all-time high of $11,363.99, before falling more than 15 percent to $9,295.79, as per CoinDesk’s Bitcoin Price Index (BPI). In the Asian hours, Bitcoin regained some poise, moving to a high of $10,681 today, before starting to drop again at around 05:00 UTC. The cryptocurrency was last seen [...]

Wessex Galvanizers helps to drive forward progress at new Salford City FC stadium

A HAMPSHIRE construction firm is helping to drive forward progress at new National League football ground. Eastleigh based Wessex Galvanizers have been working alongside a team at Stadium Solutions to redevelop Salford City FC stadium, who play in the National League North. The club is currently undergoing a 12-month refit of their stadium which when completed will offer capacity for up to 5,000 people following a takeover by the former Manchester United players Phil [...]

Margaret Taylor: Amiqus investment is about more than just cash

You’ve read in the last 30 days. Subscribe now for unlimited access Bringing you the best journalism, comment and analysis in Scotland, wherever and whenever you need it, in any format. Faster AD-LIGHT subscriptions now available too. Alternatively, register to read more articles. Already registered or subscribed? Sign in Please enable cookies to read the full article. Lorem ipsum dolor sit [...]

The office Christmas party is an existential exercise

November 30, 2017 Emma Jacobs Experimental feature Listen to this article Play audio for this article Pause Experimental feature Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback or One December, a friend’s office Christmas lunch was booked at a central London hotel. There was great excitement all morning. Colleagues put on party frocks and snowman jumpers. The occasion promised unlimited prosecco, food and an afternoon off work. But [...]

Rail industry welcomes government plans to reverse Beeching cuts

The government’s plan to restore some rail routes lost under the Beeching cuts in an effort to promote economic growth has been welcomed by the UK’s top rail industry body. Darren Caplan, chief executive of the Railway Industry Association, said reopening old routes such as the one between Oxford and Cambridge would bring “huge economic benefits” for the UK by unlocking Investment, creating jobs and connecting communities and businesses together. Transport Secretary Chris Grayling set out a new strategic vision [...]

BBVA offloads majority of property assets to Cerberus for €4bn

November 29, 2017 Michael Stothard in Madrid Experimental feature Listen to this article Play audio for this article Pause Experimental feature Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback or BBVA has sold the bulk of its Spanish real estate business to US private equity group Cerberus for €4bn, part of a growing trend of international money coming back into the country’s once-troubled housing sector. The Spanish bank’s [...]

Pound to euro and dollar exchange rate: Sterling soars on Brexit divorce bill breakthrough | City & Business | Finance

Pound sterling is up 0.26 percent against the dollar to 1.3398 on Wednesday morning, and 0.16% to 1.1298 against the Euro. After British and EU leaders broke the deadlock over the Brexit divorce payment sterling returned to levels last seen in early September with further hopes remain that trade talks will soon be on the table. Over the year-to-date, the pound is up 8.5 per cent and the latest leg of its rebound cuts its decline since the Brexit vote [...]

Jeremy Corbyn becoming PM ‘would be worse than Brexit’ warns banking giant

‘They have to pay’: EU’s Juncker warns UK over Brexit negotiations Reuters The prospect of Labour winning the next General Election and Jeremy Corbyn becoming prime minister is a bigger threat to British business than Brexit, according to Morgan Stanley. The US Investment banking giant expects Britain to hold another election towards the end of next year, once it will become apparent Theresa May’s government will not be able to secure the Brexit deal they have hoped for. In the scenario painted [...]

Criminalizing Bitcoin Users? US Congress Holds Hearing to ‘Modernize’ AML Laws Today

Get Trading Recommendations and Read Analysis on for just $39 per month. The U.S. Senate Judiciary is to hold a full panel hearing today on modernising anti-money laundering (AML) laws with the inclusive of digital currencies. Scheduled to take place at 10 a.m. at the Dirksen Senate Office Building 226, in Washington D.C., Bill S1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing will be up for discussion. It will be chaired by Chuck Grassley, a senior U.S. [...]