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NEWS - BUSINESS & ECONOMY

NEWS - BUSINESS & ECONOMY

UK Car Sales Accelerate to Hit 10-Year High

April 08 ,2014 | by Sarah Parkin

UK Car Sales Accelerate to Hit 10-Year High

New figures from the Society of Motor Manufacturers and Traders show that new car sales are rising faster than they have in a decade.

When times are tough and the economy is sluggish, investing in a new car is rarely a top priority for many consumers. Second-hand options are usually more economical, and many will hold off purchasing a motor at all. But as new data from the Society of Motor Manufacturers and Traders (SMMT) shows, it seems things are finally picking up within the UK automotive sector.

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RBS to Shut 44 Branches in the UK Down

April 07 ,2014 | by Hari Sri

RBS to Shut 44 Branches in the UK Down

Royal Bank of Scotland has disclosed that it has plans to close 44 of its branches around the UK, attracting widespread criticism.

Royal Bank of Scotland (RBS) is one of the banks to have borne the brunt of the public’s anger at the sector since the financial crisis. So when the taxpayer-funded bank announced earlier today that it plans to close 44 branches across the UK in response to a drop in branch transactions, customers were naturally unimpressed.

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Guess What? Soda Sales Are Falling!

April 02 ,2014 | by LSBF Blog Staff

Guess What? Soda Sales Are Falling!

Soda sales are down in the United States to their lowest levels since 1995, according to new figures.

Students around the world have often relied on their favourite fizzy drinks to get them through long study sessions and late-night essays. But it seems that sales of some of the world’s most popular products are still on the decline.

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Mergers and Acquisitions Boosting Europe’s Economic Recovery

April 02 ,2014 | by Sarah Parkin

Mergers and Acquisitions Boosting Europe’s Economic Recovery

Europe is leading the world when it comes to mergers and acquisitions deals, new figures show. Is the business outlook finally improving?

Europe has been struggling to return to growth in the past few years. Though powerhouses such as Germany have continued to lead the way, economies like Greece, Spain, Italy and Cyprus show that not everyone has been so resilient.

But with the tide beginning to change in some of Europe’s most severely affected economies, it’s encouraging to see that sentiment is improving among businesses.

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Chinese Conglomerate Bids £450m for House of Fraser

April 02 ,2014 | by Sarah Parkin

Chinese Conglomerate Bids £450m for House of Fraser

House of Fraser was all set to float on the stock exchange, but news has emerged that a Chinese business conglomerate has mounted a last-minute takeover bid.

Chinese businessman Yuan Yafei could well become the new owner of one of the UK’s most well-established department store chains, after news emerged over the weekend that the conglomerate he controls has made a takeover bid for House of Fraser.

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From The World Of Business: March 2014 Highlights

April 01 ,2014 | by LSBF Blog Staff

From The World Of Business: March 2014 Highlights

In this round-up of the most important business news from around the world, we point you to some of the biggest news stories that have had people talking in March.

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UK Trumps US And Japan In Business Competitiveness

March 27 ,2014 | by Hari Sri

UK Trumps US And Japan In Business Competitiveness

At a time when businesses are concerned about rising costs, the UK has been found to be a cheaper business destination than some of its major rivals.

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Chinese Languages Flourish In The City Of London

March 25 ,2014 | by Hari Sri

Chinese Languages Flourish In The City Of London

French is still the top foreign language spoken in the City of London, but Astbury Marsden has found that Mandarin and Cantonese are catching up in London business circles.

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CBI: Budget 2014 “Will Put Wind in Investment Sails”

March 25 ,2014 | by Sarah Parkin

CBI: Budget 2014 “Will Put Wind in Investment Sails”

The Confederation of British Industry has applauded investment-boosting measures in the Budget presented by George Osborne, but not everyone has welcomed the announcement so strongly.

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HS2: Will High-Speed Rail Deliver On Its Promise?

March 24 ,2014 | by Hari Sri

HS2: Will High-Speed Rail Deliver On Its Promise?

The debate on Britain’s new high-speed rail is never far from the headlines, but can it really deliver the economic benefits to the north of England that it promises?

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UK Budget 2014 Review: Winners & Losers

March 21 ,2014 | by Hari Sri

UK Budget 2014 Review: Winners & Losers

Major reforms to savings and pensions took the headlines in yesterday’s Budget, but who really stands to benefit?

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New US Federal Reserve Chief’s ‘Blunder’ Spooks Markets

March 21 ,2014 | by Sarah Parkin

New US Federal Reserve Chief’s ‘Blunder’ Spooks Markets

Janet Yellen took the stage as the new chair of the Federal Reserve this week. How were her surprising interest rate comments received around the world?

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Sainsbury’s Sales Drop For First Time In Nine Years

March 18 ,2014 | by Sarah Parkin

Sainsbury’s Sales Drop For First Time In Nine Years

Sainsbury’s has seen its first falling sales figures in nine years, but is this a sign of the times or just a temporary slump?

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Exports Drop As UK Trade Deficit Widens

March 17 ,2014 | by Sarah Parkin

Exports Drop As UK Trade Deficit Widens

A fall in exports has seen the UK’s trade gap widen, new data shows – so what can the country do to turn it around?

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UK Budget 2014: What Should We Expect?

March 17 ,2014 | by Sarah Parkin

UK Budget 2014: What Should We Expect?

Consumer groups, businesses and unions have all published their wish lists for this year’s UK Budget. But who will be disappointed and what can we expect?

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Oxfam Calls For Moves To Tackle Inequality

March 17 ,2014 | by Sarah Parkin

Oxfam Calls For Moves To Tackle Inequality

Oxfam has urged the government to do more to tackle inequality, after new research found that five families are worth more than 20 per cent of the population.

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Mr Kipling: Still ‘Exceedingly Good’ at Marketing

March 13 ,2014 | by Sarah Parkin

Mr Kipling: Still ‘Exceedingly Good’ at Marketing

Premier Foods has mocked suggestions that Mr Kipling will drop its “exceedingly good” strapline …

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What Next For Morrisons?

March 12 ,2014 | by Sarah Parkin

What Next For Morrisons?

Morrisons is facing a fight if it wants to hold onto its place among the UK’s biggest supermarkets. Where can it go from here? …

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Retail Sales Prove the Power of Ecommerce

March 12 ,2014 | by Thiago Kiwi

Retail Sales Prove the Power of Ecommerce

Poor weather has kept shoppers away from the high street recently, according to new research, but ecommerce has grown at the same time …

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From The World of Business: February 2014 Highlights

February 28 ,2014 | by Thiago Kiwi

From The World of Business: February 2014 Highlights

Welcome to this month’s round-up of some of the most interesting news this month. These are just a few of the topics that have had people talking in February…

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Hope for Europe as Commission looks to growth

February 26 ,2014 | by Sarah Parkin

Hope for Europe as Commission looks to growth

The European Commission has raised its growth predictions for the UK and the eurozone. Is Europe’s financial fortune changing for the better? …

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Japan Trade Deficit Soars

February 20 ,2014 | by Sarah Parkin

Japan Trade Deficit Soars

Japan’s trade deficit has shot upwards as aggressive monetary policy has affected import costs. We look into the key factors that have impacted Japan’s economy …

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Is The London Underground Strike Set To Cost UK £200 million?

February 06 ,2014 | by Hari Sri

Is The London Underground Strike Set To Cost UK £200 million?

In multiple reports published yesterday, business leaders have claimed that the London tube strikes may cost the UK economy £200m. Is the strike this detrimental to business activity? We explore …

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Where Is The Troubled UK Housing Market Headed?

January 16 ,2014 | by Hari Sri

Where Is The Troubled UK Housing Market Headed?

As property values in Britain climb higher and higher, fears of a property bubble bursting grow more realistic. But the cost ascension continues undisturbed. We look at what 2014 holds for UK realty …

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The $100bn Handshake: M&As Witness Early Year Roar

January 14 ,2014 | by Hari Sri

The $100bn Handshake: M&As Witness Early Year Roar

The ‘business takeover’ spiel has had an astonishing start in the new year – valued at over $100 billion. We chronicle some deals that were revealed and see what the future holds …

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