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News Articles | This is Money



Published: Fri, 09 Dec 2016 15:37:55 +0000

Last Build Date: Fri, 09 Dec 2016 15:37:55 +0000

Copyright: Copyright 2016 Associated Newspapers Ltd
 



NIESR warns food and drink will get more expensive unless EU workers can remain

Fri, 09 Dec 2016 15:30:04 +0000

A consortium of 30 British food and drinks associations has called on the Government to offer ‘unambiguous reassurance’ to EU food industry workers that they can remain in the UK.


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Why new M&S boss Steve Rowe may get a £4.2m payday

Thu, 08 Dec 2016 22:35:02 +0000

A plan for senior executives shows that Rowe, 49, could be awarded £1.8m in shares – assuming today’s prices – in 2019 if he hits all his performance targets.


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Welsh government to invest £8m in Port Talbot steel works after owner Tata agrees plan with unions

Thu, 08 Dec 2016 22:11:55 +0000

First Minister Carwyn Jones said it would pay £8m of Tata Steel’s £18m investment to cut energy costs and carbon emissions at the Welsh site.


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Fresh grilling for Citigroup bosses over claims one of their traders contributed to pound 'flash crash'

Thu, 08 Dec 2016 22:09:50 +0000

The flash crash saw sterling plunge from $1.26 to a 31-year low of $1.14 in less than two minutes. It then rallied back to $1.24 over the next half-hour.


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Record-breaking year sees Britons quaff £1bn worth of gin

Thu, 08 Dec 2016 15:52:09 +0000

Sales of gin in pubs, bars and restaurants across the UK in the past year increased by 19 per cent on a year ago, the Wine and Spirit Trade Association said.


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Aldi takes on M&S, Waitrose and Fortnum & Mason with Christmas premium range 

Thu, 08 Dec 2016 11:19:28 +0000

The German discounter has added 200 premium products to its Christmas range, including luxury hampers, a jewelled layered pork pie and rope-hung boxed Scottish smoked salmon.


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Nielsen research suggests loyalty cards do not encourage loyalty

Thu, 08 Dec 2016 09:02:16 +0000

British shoppers are the second most likely in the world to have a loyalty card in their purse or wallet, but are among the least likely to utilise the benefits, a global study suggests.


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Commodities trader Glencore in deal with the Kremlin as it snaps up 20% stake in Russian oil firm

Wed, 07 Dec 2016 22:25:45 +0000

Glencore was joined by Qatar in putting money into Russia’s largest oil company, where BP already has a 19.75per cent stake.


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SPECIAL REPORT: The Nigerian King and a very brazen bid to squeeze millions out of Shell over pollution

Wed, 07 Dec 2016 22:17:54 +0000

King Emere Godwin Bebe Okpabi, community leader of the Ogale community in Ogoniland, Nigeria, remembers the Shell workers fondly when he was growing up in the 1960s.


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Starbucks unveils plans to open an additional 12,000 stores by 2021 as it looks to boost revenues by 10%

Wed, 07 Dec 2016 22:08:31 +0000

Starbucks has unveiled plans to open an additional 12,000 stores by 2021, marking a major expansion of its global coffee shop network.


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Arcadia sales kept firmly under wraps by 'Sir Shifty' as billionaire tycoon breaks with years of tradition in face of backlash

Wed, 07 Dec 2016 22:04:39 +0000

The billionaire tycoon usually posts annual results in November, revealing sales figures in his High Street chains, which include Topshop, Wallis and Burton.


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Hopes raised for a Government rescue of Italy's crippled banks as the sector struggles with £300bn of bad debt

Wed, 07 Dec 2016 21:55:51 +0000

Appetite for investment from the private sector has disappeared since Prime Minister Matteo Renzi lost a referendum on constitutional reform and announced his resignation earlier this week.


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New rules in Autumn Statement means workers could lose out on a fifth of redundancy

Wed, 07 Dec 2016 15:11:20 +0000

Currently, employees do not have to pay income tax or national insurance if their redundancy pay is under £30,000.


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EasyJet boss Carolyn McCall pocketed £1.5m last year  

Wed, 07 Dec 2016 10:34:10 +0000

Carolyn McCall, who has been top dog at the low-cost airline since 2010, received a basic salary of £704,000 along with £5,000 in company benefits and a £189,000 bonus.


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Blackrock pledges to crack down on fat-cat pay and hold its board members accountable 

Wed, 07 Dec 2016 10:32:36 +0000

The investment management company said it will vote against committee chairmen when it believes pay doesn’t match performance.


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Families with loved ones in care homes are hit with hidden charges 

Wed, 07 Dec 2016 10:13:18 +0000

Tens of thousands of families with loved ones in care homes are being hit with huge charges for hidden extras.


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Ombudsman reveals customers with psychiatric problems are sold loans they can't repay

Wed, 07 Dec 2016 10:00:58 +0000

In one case, a man with schizophrenia got a £40,000 loan — and fell behind with his payments, the Financial Ombudsman said.


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Four notes with miniature engravings of Jane Austen go into circulation

Tue, 06 Dec 2016 15:04:23 +0000

Four Bank of England issued £5 polymer notes have been engraved with minute portraits of Jane Austen by Birmingham-based artist Graham Short and and gone into circulation.


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Black Friday online sales hit record highs - but can UK households really keep on spending until Christmas?

Tue, 06 Dec 2016 13:24:18 +0000

Online spending grew by 12.5 per cent annually in November - the highest annual growth rate since Visa's UK Consumer Spending Index started in 2009.


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Monte dei Paschi shares tank after Renzi's resignation leaves it facing nationalisation

Tue, 06 Dec 2016 12:39:11 +0000

Monte dei Paschi requires a €5billion bailout as early as this weekend but its private sector options have dried up since Italy's PM Renzi announced he would resign.


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