Search Result for 'financial crisis'

The businessman has acquired the majority shareholding of Sir Tom Farmer and Rod Petrie.

Emeritus Professor Mary Mellor debunks the myths behind austerity... Austerity - the culling of public services in response to the spike in public spending following the 2007-8 financial crisis - caused widespread hardship. It reflected two myths: that the market is the sole source of funding for public spending and ...

Having savings for a rainy day can be a great lifeline if you find yourself struck by a financial emergency. Just one unforeseen event, like a broken down car or losing a job, could see you facing a period of financial instability. However, studies show that 27% of Brits have ...

British companies look set to cut their investment by the most in 10 years in 2019 as the Brexit crisis drags on, weighing on future economic growth prospects, a survey showed on Monday. Business investment - key for productivity and pay growth - was forecast to fall by 1.3% this ...

China's economy flashed more warning signs in May as the United States ramped up trade pressure, with industrial output growth unexpectedly slowing to a more than 17-year low and investment cooling, underlining a need for more stimulus. Despite a slew of support measures since last year, China's economy is still ...

Britain's financial watchdog has defended its controversial decision not to sanction lender RBS or its former executives for past mistreatment of small business customers. The Financial Conduct Authority said it was sticking by its decision not to apply penalties for actions of RBS's former turnaround unit, the Global Restructuring Group. ...

The BBC has come under fire this week for its decision to axe free TV licenses for over-75s. Hundreds of thousands of people have signed a “Save Our Free TV Licence” petition demanding the broadcasting corporation reverses its decision, with Piers Morgan, David Davis and Matt Hancock among the high-profile ...

Last night a thought struck me as I walked past The Shard on my way home. Parked outside the Shangri-La Hotel – where suites cost £10,000 a night – were a posse of Bentleys – which cost in excess of £150,000 – and other such beamers which stood proudly in ...

Rising inequality is putting Britain on the path to becoming one of the most unequal nations on earth, a Nobel-prize winning economist has claimed. Sir Angus Deaton is leading a landmark review of inequality in the UK amid fears that the country is at a tipping point due to a ...