Category Archives: Business

Housing marketplace relocating sideways, lenders say

Housing marketplace relocating sideways, lenders say

Image copyright Getty Images The UK housing marketplace appears to be ‘moving sideways’ debt lenders have said, as latest total uncover a dump in borrowing. The Council of Mortgage Lenders (CML) has reported a sizeable tumble in direct for loans during April. Mortgages value £18.4bn were modernized during a month, an 11% dump on a figure for March, it said. ...

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Housing marketplace relocating sideways, lenders say

Housing marketplace relocating sideways, lenders say

Image copyright Getty Images The UK housing marketplace appears to be ‘moving sideways’ debt lenders have said, as latest total uncover a dump in borrowing. The Council of Mortgage Lenders (CML) has reported a sizeable tumble in direct for loans during April. Mortgages value £18.4bn were modernized during a month, an 11% dump on a figure for March, it said. ...

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UK automobile prolongation tumble blamed on late Easter

UK automobile prolongation tumble blamed on late Easter

Image copyright PA The series of cars done in a UK fell by roughly a fifth in April, with a after Easter mangle blamed for a drop. The Society of Motor Manufacturers and Traders pronounced 122,116 cars were built in April, an 18% tumble compared with a same month final year. It pronounced Easter, that fell in Apr this year ...

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Halfords increase strike by diseased pound

Halfords increase strike by diseased pound

Image copyright PA Annual increase during Halfords have been strike by a diseased bruise notwithstanding a clever arise in sales. The automobile parts, bikes and camping tradesman pronounced pre-tax increase fell 10.5% to £71.4m for a year to March. Revenue was adult 7.2% to scarcely £1.1bn, increased by a merger of upmarket bike business Tredz/Wheelies. Like-for-like revenues rose 2.7%. Chief ...

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Ineos to buy Dong Energy’s oil and gas arm in £1bn deal

Ineos to buy Dong Energy’s oil and gas arm in £1bn deal

Image copyright Thinkstock British petrochemicals organisation Ineos is set to turn a vital North Sea actor after appropriation Danish organisation Dong Energy’s whole oil and gas business in a understanding value adult to $1.3bn (£1bn). The transaction includes production, expansion and scrutiny sites off Denmark, Norway and west of Shetland. Ineos pronounced a pierce would make it a biggest private ...

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Moody’s cuts China’s credit rating for initial time given 1989

Moody’s cuts China’s credit rating for initial time given 1989

Image copyright Getty Images China’s credit rating has been cut over fears that expansion in a world’s second-biggest economy will delayed in a entrance years. Moody’s, one of a world’s large 3 ratings agencies, cut China by one nick to A1 from Aa3. It was a initial time a group has downgraded a nation given 1989. China’s financial method pronounced ...

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Tiffany fails to flicker as sales keep sliding

Tiffany fails to flicker as sales keep sliding

Image copyright Getty Images Tiffany Co has reported a warn sales unemployment in a Americas, a largest market, promulgation shares lower. The upmarket jeweller sole fewer products than approaching in a 3 months to April, with like-for-like sales descending 4%. Tiffany has struggled to attract younger business as consumers opt for reduction costly brands. Worldwide sales in stores open for ...

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Ikea unpacks Jesper Brodin as new arch executive

Ikea unpacks Jesper Brodin as new arch executive

Image copyright Ikea Image caption Peter Agnefjall (l) will palm over a reins to Jesper Brodin in September Ikea, a Swedish flatpack seat giant, has named Jesper Brodin as a new arch executive from September. Mr Brodin is a company’s conduct in Sweden and will attain Peter Agnefjall, who had been in a purpose for 4 years. Ikea is now ...

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