Political News
KPMG reports rise in UK companies collapsing into administration
Accountancy firm KPMG released a report on Monday claiming that the number of UK businesses that were collapsing into administration was on the rise.
Coronavirus helps push China inflation to eight-year high
Inflation in China has surged to an eight-year high, after the coronavirus outbreak disrupted supply chains and households scrambled to stock up on essentials.
Commodities: Base metals hit by virus worries, US weighs sanctions on Rosneft
Base metals were the weakest chain in the link in the commodity space as investors took stock of a raft of corporate warnings about the impact of the Wuhan virus on their operations.
Berenberg says Q1 is 'make or break' for Hargreaves Lansdown
The first quarter of 2020 is "make or break" for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company's shares.
US considers stake in Nokia and Ericsson to block Huawei
The US could be considering taking a stake in two big European telecommunications equipment manufacturers Ericsson and Nokia to stave off Huawei's dominance in the space.
FCA warns against sale of customer data to claims handlers
The Financial Conduct Authority has warned company administrators and claims management companies after discovering that some administrators had tried to sell customer data to claims handlers.
Customers charged at 25% of UK cash machines
Over one in four cash points in the UK are charging people to withdraw their money, marking an almost 40. 0% increase in the number of such automated teller machines revealed Which?.
UK poverty rate stuck at 22% of total population- Joseph Rowntree Foundation
There are currently 1 in 5 people in the UK (14. 0m) living in poverty and struggling to make ends meet, said the latest report from the Joseph Rowntree Foundation on Friday.
UK plans ban sale of polluting cars after 2035
The UK government announced on Tuesday that it intends to target all polluting cars in a ban that will phase out the sales of such models.
BoJ's Kuroda signals increasing concern over coronavirus impact on region
Japanese authorities are growing increasingly worried about the potential impact that the new Chinese coronavirus might have on the archipelago's economy.
UK aviation industry pledges to reach net zero carbon emissions by 2050
Executives in the UK aviation industry have backed plans to cut net carbon emissions to zero by 2050, in line with the UK Government targets while also accommodating 70% growth in passenger numbers.
Democratic race starts with fiasco as tech issues hit Iowa vote
The race to choose a Democratic candidate for the 2020 presidential election got off to a disastrous start when the Iowa caucuses results were delayed by technical issues.
Goldman and Amazon in talks to begin offering small business loans
Goldman Sachs is in advanced talks with Amazon to offer small and medium-sized US businesses loans through the retailer's platform.
UK firms call for apprenticeship system revamp
Business leaders are demanding a revamp of the UK apprenticeship system on National Apprenticeship Week to allow small businesses the possibility to afford more apprentices.
UK, EU clash over alignment in Brexit trade talks
The opening salvos of trade talks between the European Union and UK were fired on Monday as both sides clashed over alignment of rules in any post-Brexit agreement.