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Income in Wales and Northern England same as in London in the 1990s
The government has been urged to work harder to ensure economic development stretches across the UK, as research has shown a major financial equality gap between London and the South East in comparison with the rest of the country.
Europe close: Traders goose euro higher ahead of ECB meeting
News of continued political gridlock in the US saw traders goose the single currency higher ahead of the European Central Bank's next policy meeting, which in turn weighed on equity prices across the Continent.
Telix and Abzena sign licence agreement on Prostate cancer antibodies
Melbourne, Australia based biopharmaceutical company Telix have signed a proprietary licencing agreement with Abzena out of Cambridge for their prostate-specific membrane antigen (PSMA).
ECR Minerals awarded gold exploration licence at Moormbool
The directors of ECR Minerals announced on Tuesday that the Company’s wholly owned Australian subsidiary Mercator Gold Australia has been issued with a new gold exploration licence in Victoria, Australia.
Karren Brady to head Sir Phillip Green's retail empire
Karren Brady, the West Ham United chief executive and regular on The Apprentice business reality show, has been appointed by renowned business magnet Sir Philip Green to chair his retail empire, as prominent Barrister Anthony Grabiner steps down.
London close: Lower than expected CPI buoys stocks
London stocks pared earlier losses ending the day just slightly lower as the pound took a hit from news that UK inflation unexpectedly eased back last month, pouring cold water on rate hike expectations.
"Get ready for serious business," says May
Over the weekend, a series of comments allegedly made by Finance Minister Phillip Hammond in regards to public sector employees being in his opinion, “overpaid” were leaked to the media.
Johnson & Johnson lifts sales outlook for the year
Johnson & Johnson boosted its outlook for the year, even in the face of a shortfall in revenues during the second quarter due to competition for some of its key prescription drugs and foreign currency headwinds.
US open: Stocks drop again amid dollar weakness
Stocks are putting in a mixed performance with analysts reacting poorly to the latest quarterly numbers out of Wall Street heavyweights Goldman Sachs and Bank of America.
Eagle Eye sales soar but losses remain flat
Eagle Eye Solutions, the digital coupons and loyalty scheme specialist, said losses would be pretty much flat for the year to June despite a 71% increase in revenues.
Gama Aviation makes 'encouraging' start to year
Business aviation services provider Gama Aviation said trading in the first six months of the year was “encouraging", and remained in line with its expectations on Tuesday.
New £10 notes unveiled at Winchester Cathedral by BoE Governor Carney
The full design of the new polymer £10 banknotes have just been revealed to the public.
AO World a 'sell' ahead of results, ShoreCap says
White goods retailer AO World remained a 'sell' for broker Shore Capital on Tuesday ahead of first-quarter results later in the week, amid wider concerns about big-ticket discretionary spending for the UK consumer.
Cello Group takes over Advantage Healthcare
Healthcare and strategic marketing group Cello Group acquired the assets of Advantage Healthcare for consideration of $1. 5m cash, it announced on Tuesday.
FX round-up: Pound falls as inflation unexpectedly slows
The pound fell against the euro and the dollar on Tuesday as it emerged that UK inflation unexpectedly slowed last month, easing pressure on the Bank of England to hike interest rates.
Iomart no longer in talks over PlusServer acquisition
AIM-listed cloud computing company Iomart said on Tuesday that it is no longer in talks regarding the potential acquisition of German managed hosting company, PlusServer.
PwC says UK house prices set for steady growth
UK house price inflation was expected to slow further in 2017 but to remain steady thereafter, PriceWaterhouseCoopers's said in its annual UK Economic Outlook.
Spectra's 'TruBrand' approved for use on Chinese tobacco
Banknote, brand and tax stamp authentication technology supplier Spectra Systems received approval for its ‘TruBrand’ materials on tobacco products sold in China, it announced on Tuesday.
FTSE 250 movers: Carillion surges but Lancashire hit by CS note
London's FTSE 250 was up 0. 4% to 19,603. 64 in afternoon trade as investors digested the latest UK inflation figures.
Organic growth drives progress at Clinigen
Pharmaceutical and services company Clinigen Group expects gross profit for its full year to be up 22%, it said on Tuesday, driven by a combination of organic growth across all of its operations, as well as a whole year’s contribution from Link Healthcare and currency benefits.