Finance

MARKETS LIVE: London shares fall amid bag of corporate earnings and Chancellor Hammond’s budget

The Footsie turned marginally down at the opening bell as investors wait to see what Chancellor Philip Hammond says about the state of the British economy before Article 50 is triggered. Hammond delivers his first budget and middle earners have been told to brace for tax rises last night, as he prepares to tighten...

Corbyn vows to remain Labour leader – but says Brexit has changed UK

Jeremy Corbyn has pledged to remain Labour leader as he acknowledged that Brexit had changed the political landscape, after the party lost the once safe seat of Copeland to the Conservatives in a shock byelection defeat. Outlining his approach to Brexit on Friday morning in a planned speech at a conference in Westminster with...

MPs pour scorn on ‘racist and sexist’ Donald Trump in state visit debate

British MPs lined up on Monday to pour scorn on a “racist and sexist” Donald Trump, who they said should not be allowed to come to Britain for a state visit because of the risk it would embarrass the Queen. The US president was compared to a “petulant child” and had his intelligence questioned...

Chaos looms for EU citizens who hope to stay in Britain

The EU fears millions of its nationals living in the UK will be left stranded in a legal no man’s land after the country leaves the EU because of the weaknesses of the British immigration system, a document obtained by the Observer reveals. MEPs and senior European diplomats fear that chaos will ensue as...

Now even Carney has joined Project Cheer: EU has most to lose from Brexit he admits in major U-turn

Mark Carney yesterday performed his biggest U-turn yet when he admitted that Brexit was not his top concern and that the EU has most to lose from it. The Bank of England governor also hinted that his economic forecasts for the UK could be upgraded again after a run of strong figures. It was...

DAILY BRIEFING: British Airways owner IAG sees a 14% increase in passenger numbers

Top flight: British Airways owner IAG carried more than 100m passengers in 2016 TRAVEL RECORD The owner of British Airways carried more than 100m passengers in 2016 – a record for the firm. International Airlines Group, which also own Aer Lingus, Iberia and Vueling, carried £1.6m passengers last year, a 14 per cent boost...

MARKET REPORT: Did a board bust-up sink the shares of video firm founded by the son of a former Sun editor?

A row at media outfit Brave Bison has seen chief executive Ashley Mackenzie, the son of former Sun columnist Kelvin MacKenzie, leave the firm for a second time. It comes just a year after he was reinstalled at the head of the AIM-listed company, which he founded in 2011 and sold to Rightster in...

FDIC: Bank of America owes us half a billion dollars

Janet Yellen on Dodd-Frank: 'I wouldn't want to see the clock turned back' Bank of America is being accused of stiffing the FDIC, the government agency that insures people's deposits against a bank failure. The FDIC filed a lawsuit in federal court on Monday demanding that Bank of America pay $542 million it owes...

Theresa May urged to get a grip on NHS as winter sickness grows

Theresa May is under intense pressure to announce an emergency NHS rescue plan to parliament – amid a chorus of warnings that hospitals and GP services across England have finally reached breaking point. Labour and the Liberal Democrats are demanding the prime minister, or Jeremy Hunt, the health secretary, appear before MPs on Monday...

The six-point plan to help supermums get financially fit in 2017

They will be the quiet heroes, or rather heroines, of the post-Brexit economy. Welcome to the world of supermums, the hard-working women who keep Britain’s households afloat but risk wrecking their own finances in the process. Of the 14million women at work in the UK, more than two million are now breadwinners – of...
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