FTSE CLOSE: ECB interest rate decision sends Footsie tumbling with biggest one-day losses since the summer
Markets fell sharply as traders were underwhelmed by efforts to kick-start spending across Europe.
Markets fell sharply as traders were underwhelmed by efforts to kick-start spending across Europe.
Credit cards can be a useful tool to help manage your finances, but fail to follow the rules and you can end up with hefty penalties. Here are five basic facts every borrower should know
Speedy Hire and HSS have struggled in recent months as a result of a global slowdown in housing and construction, issuing profit warnings and announcing job cuts.
Draghi had spent weeks leading up to the meeting hinting that the Bank would substantially increase its easing programme.
One of the vital elements of the essential restructuring of our economy the Chancellor did not mention was access to finance.
The proposal by the City watchdog is designed to tackle concerns that loyal customers see their premiums rise if they stay with the same insurer, particularly for a long period of time.
But the sale has come at a cost, with Barclays stating that it expects to lose £200million on the sale and pay £168million to help refinance the Italian business as part of the deal.
Services companies, which include banks as well as hairdressers and IT firms, saw the highest growth of new work and overall business activity since July, leaving September’s lows behind.
Analysts have suggested that the brands may appeal to Danish company Carlsberg. Dutch firm Heineken is also seen as a possible suitor, although it already has a dominant position in Europe.
By mid morning, the FTSE 100 was 5.6 points, or 0.1 per cent higher at 6.426.4, while Germany’s Dax 30 index and France’s CAC 40 index both added 0.8 per cent.
Filling a car up was cheaper in November than it has been for over half a decade. Brits have been taking advantage of the lowest prices they've experienced for years with petrol dropping below £1.
American Express cardholders will receive £5 every time they make a purchase of £10 or more at local trader taking part in Small Business Saturday this weekend.
Drivers in Liverpool are the most likely to make a personal injury claim following a road accident. A massive 55 per cent of Merseyside motorists involved in a shunt made a claim in the last year.
Don’t bank on the state for your pension. That is the warning that should be taken from a new OECD report ranking the UK’s state pension against the world.
The demotion comes amid a 17 per cent fall in the company's share price this year, tumbling sales in the face of stiff competition from German upstarts Aldi and Lidl.
The Dublin-based airline saw a 21 per cent increase to 7.71million passengers. Central and eastern Europe-focused carrier Wizz Air also posted strong November traffic figures
Thousands of trendy hoverboards, popular with celebrities, have been seized by authorities in recent months over concerns they could explode or catch fire.
The construction slowdown is a setback for George Osborne who used last week’s Autumn Statement to declare ‘we are the builders’.
Since being spun out of Lloyds two years ago, TSB has tried to set itself apart from the scandalous behaviour of some of its rivals.
CVC has made the purchase through its Strategic Opportunities Platform fund in a deal values RAC at around £2.2bn, but the investment is not a typical private equity buyout.
Fed chairman Janet Yellen said the US economy has ‘recovered substantially’ and officials are now ‘looking forward’ to raising rates.
CF Woodford Equity Income Fund is currently sitting on a hefty paper loss on its 28 per cent stake in controversial US drugs firm Northwest Biotherapeutics.
The latest slip came ahead of the Opec cartel’s meeting tomorrow. Experts are losing hope that the Saudi-led group will reverse its decision to boost oil production.
Simon Nixon raised £98m after selling another 5.8 per cent stake in the firm he founded after dropping out of university. He sold 32m shares at 305p each and now owns just 6.9 per cent of the company.
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