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Markets & Economics

  • Can you tell the real jobs from Hollywood sci-fi? Take this quiz to find out

    January 27, 2016

    From train pusher to beer smeller, there sure are some pretty weird jobs out there if you’re looking for a new career path. But Hollywood science fiction films have delivered some pretty stellar and yet completely made-up job titles throughout the years. In the quiz below, some of the jobs come directly from the Home [...]

  • Peak Apple? Share price plunges 5 per cent on iPhone sales slowdown

    January 27, 2016

    Apple shares have nosedived in early trading following the revelation yesterday that the iconic iPhone would see its first ever decline in sales in the coming quarter. Apple shares plunged 4.97 per cent in the first half hour of US trading, falling to $95.02 as fears of a slowdown for the tech giant have investors [...]

  • FTSE 100 index closes up ahead of Federal Reserve statement as Sage Group and Glencore surge

    January 27, 2016

    The FTSE 100 index closed higher on Wednesday, after having opened lower this morning ahead of the Federal Reserve's statement. The UK's blue-chip index closed 1.33 per cent up at 5,990 points. "Global equity prices continue zigzagging on a muddy route. The oil market remains in bears’ hands above $30," said Ipek Ozkardeskaya, market analyst at London Capital Group. [...]

  • Staffline Group share price up as staffing and training company announces revenue growth and increased dividend in its full year results

    January 27, 2016

    Staffing and training company Staffline Group has today announced revenue of £702.2m, up 40 per cent from £503.2m the year before, for its full year results for 31 December 2015. Although the company saw its profit before tax fall to £5.5m, down 48 per cent from £10.5m the year before, a large chunk of the organisation's expenses [...]

  • Sage Group share price soars after software company reveals strong revenue growth for three months to December 2015

    January 27, 2016

    Sage Group today revealed strong revenue growth for the three months to 31 December 2015, with group organic revenue rising by 6.6 per cent. The company, which is well-known for its accounting and payroll software, revealed particularly positive growth for its software subscriptions income stream, for which revenue grew by 35.7 per cent for the first quarter [...]

  • Owner of Comparethemarket.com, BGL confirms it is looking at an IPO with Rothschild bank

    January 27, 2016

    BGL, the parent company behind price comparison site Comparethemarket.com, is considering floating on the London Stock Exchange. BGL owns Comparethemarket.com, along with other brands including Beagle Street, which provides life insurance, and Dial Direct. Rothschild has been hired to advise the group on the potential float, although no decision has been taken yet. If it does take the company public Budget Holdings Limited [...]

  • Sirius Minerals share price falls as it pushes back study for York Potash mine

    January 27, 2016

    Shares in Sirius Minerals fell today after the Aim-listed company pushed back a definitive feasibility study for its major potash project in York from this month to March. A definitive feasability study looks at whether a project can be completed given a range of legal, economic, technological and other factors. "The completion of a definitive feasability study for such a [...]

  • Bitcoin Group float postponed as the world’s first bitcoin miner IPO fails to catch investors’ interest

    January 27, 2016

    The world’s first bitcoin trading float has had to be postponed, as the firm managed to raise less than two per cent of its target. Australian bitcoin miner Bitcoin Group was hoping to become the first miner of the cryptocurrency to list publicly, but it seems its hopes have been dashed, as The Australian revealed [...]

  • Prudential Regulation Authority governor Andrew Bailey says preventing another financial crisis is a work “in progress”

    January 27, 2016

    The Bank of England's Andrew Bailey has said that creating a more stable financial system to prevent another financial crisis is still a work "in progress". Speaking at the International Financial Services Forum in Dublin, he said: "The work is still in progress and thus for us very much a matter of debate." Market turmoil since [...]

  • National Australia Bank shareholders approve plans to demerge Clydesdale and Yorkshire Bank in IPO next month

    January 27, 2016

    Shareholders in National Australia Bank (NAB), which owns Clydesdale and Yorkshire Bank, last night voted overwhelmingly in favour of plans to spin off Clydesdale and float it on the London and Australian stock-markets next month. Clydesdale Group, which includes Yorkshire Bank and is often referred to as CYBG, is valued at an estimated £2bn. It is one of the largest of [...]

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