HSBC unfairly sold loans to small firms

first_imgWednesday 22 October 2014 8:33 pm Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.Elvenar Share HSBC unfairly sold loans to small firms whatsapp HSBC and First Trust Bank broke competition rules by wrongly indicating that small businesses had to have an account with them if they wanted a loan, the Competition and Markets Authority (CMA) said yesterday.Former regulator the Office of Fair Trading (OFT) began the invest­igation, last year telling HSBC to review its sales process.In response, HSBC investigated and found some staff had told small firms that a business current account was required before a loan could be given.This so-called bundling was banned in 2002 as it could have stopped companies shopping around to get the best deal on each different banking product they used.The bank has been told to stop these banned sales practices by the end of the year and to retrain all sales staff in these products.“HSBC takes its responsibility to UK business seriously and we regret that the bank has not been fully compliant with bundling undertaking,” said an HSBC spokesperson. “Since the issue was discovered, we have been working with the CMA to implement a plan ensuring full compliance with the requirements, and will be regularly reporting back to the CMA.” center_img Tim Wallace whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULLlast_img read more

Lloyds share price falls after stress test results revealed

first_img Show Comments ▼ whatsapp Lloyds Banking Group’s share price fell two per cent on Monday trading, with analysts warning it could yet fail the Bank of England’s more stringent stress test.  The European Banking Authority had tested 123 banks’ capital buffers against a fictional crash, with a jump in unemployment, a renewed reces­sion and falling house prices. Banks had to retain a minimum equity tier one ratio of 5.5 per cent to pass the stress test.  While the UK’s big four – Barclays, Lloyds, RBS and HSBC – all passed, Lloyds emerged as the weakest, with a ratio of 6.2 per cent.  That has put Lloyds in the spotlight for the next round of stress tests, some analysts warned.  “The results from the EBA stress tests suggest the capital return thesis in Lloyds will be slower than many expected especially in the light of potential monetary tightening and house prices in the south that have been spooking regulators,” said Bernstein Research’s Chirantan Barua.  Soc Gen analysts meanwhile argued the European test “gives the impression of being a relatively lightweight exercise”.  The Bank of England said the EBA results “should not be interpreted as indicative of the UK results”.  However Lloyds was upbeat. “This strong position reflects the steps taken by the group’s management over the last three years to return its balance sheet to a robust position, and we will continue to use this strong basis to help Britain prosper,” said a spokesperson. British banks have fared better than some of their European counterparts, notably Italy’s third largest -and the world’s oldest – Banca Monte dei Paschi di Siena, which had trading in its shares suspended after the share price plummeted more than 15 per cent.   Share Tags: Company Lloyds Banking Groupcenter_img Monday 27 October 2014 11:39 am Lloyds share price falls after stress test results revealed Catherine Neilan whatsapplast_img read more

BT share price up as mobile network operators O2 and EE vie for £10bn deal

first_img Oliver Smith whatsapp Monday 24 November 2014 9:34 pm Share More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKansas coach fired for using N-word toward Black playerthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com BT share price up as mobile network operators O2 and EE vie for £10bn deal center_img whatsapp British telecoms giant BT is set to play kingmaker as it prepares to buy either O2 or EE to jump-start its push into the consumer mobile market next year.BT yesterday confirmed deal talks with “two UK mobile network operators, of which one is O2”, but cautioned that talks remained “at a highly preliminary stage”.Despite this, BT’s shares jumped 3.7 per cent as analysts said synergies from a deal would be substantial and accelerate BT’s mobile strategy.“This would allow BT to offer a quad-play bundle (TV, telephone, broadband and mobile) using their own network in a market rapidly moving to convergence, BT to generate operating expense savings from ownership of the mobile network… and BT’s Sports investments could be streamed across a larger subscriber base,” said Bank of America analyst David Wright.Gavin Patterson, BT’s chief executive who led the group’s aggressive £2bn push into sports broadcasting with BT Sport, earlier this year promised to “shake up” the mobile market with a consumer offering by next April.In preparation, BT has already secured a deal with EE to use its network to become a so-called mobile virtual network operator, but acquiring its own network would give BT a far more comprehensive offering.“We continue to develop our own plans for providing enhanced mobile services to business and consumer customers, in line with our previous announcements,” said BT yesterday. “We remain confident of delivering on these plans and have also been exploring ways of accelerating them, including assessing the merits of an acquisition of a mobile network operator in the UK.”O2’s Spanish owner Telefonica yesterday confirmed talks with BT for a possible sale of its UK subsidiary. Orange and Deutsche Telekom, the joint owners of EE, thought to be the other network in talks with BT, declined to comment.Executives from Telefonica, Orange and Deutsche Telekom, said last week that their strategies in Britain would depend in part on how aggressively BT went into mobile and whether consumers showed more interest in bundled deals.Spanish website El Confidencial first reported that O2 could be sold in return for a 20 per cent stake in BT, valued at up to £10bn, as part of a “strategic alliance” to strengthen the two groups. Meanwhile Orange and Deutsche Telekom have been reportedly gearing up for a £10bn float of sale of EE in recent months.The acquisition of EE or O2 would help BT, not only by bringing it a mobile customer base, but also establishing it with a high street retail presence which it currently lacks.A deal would bring O2 back into the BT fold, having been spun off from the group in 2001 and then bought by Telefonica eight years ago in an £18bn deal that included operations in Ireland, Germany and the Netherlands. Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars Maternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.Elvenar Tags: BT Group Companylast_img read more

Investment assets back at pre-crisis levels

first_img Investment assets back at pre-crisis levels Share THE AMOUNT of assets under management at the UK’s largest investment managers is now greater than it was before the financial crisis started, big four accountant KPMG said yesterday.The accountancy firm released its annual financial reporting by investment managers 2014 report, which analyses the most recent annual reports of the UK’s heaviest-hitting investment firms and examines key trends affecting the industry. The 2014 edition reported that the respective firms’ assets had grown 13 per cent on average during the year, with all but three of the managers analysed reporting figures above pre-crisis (2007/2008) levels. Those that grew assets under management above 10 per cent cited net inflows, improved equity market performance and favourable exchange rate movements as reasons for the hike.KPMG partner Jon Mills said: “From analysing the past financial reports, we can shed some light on the key trends impacting the investment management industry. However, as the industry continues to grow, there are new opportunities for firms to capitalise on key trends such as technology, developing markets and changing demographics.“The difficulty of responding to these changes will be compounded as they come at a time when firms are under increasing pressure to demonstrate corporate governance, improve reputation, address remun­eration, reduce fees and adapt to new regulation. While change can be fearful, firms that ensure their investors, regulators and other stake­holders are adequately informed are best positioned to embed confidence and secure long-term growth.” whatsapp Monday 1 December 2014 8:50 pm Tags: NULL Ollie Gordon Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap whatsapplast_img read more

Creative industries added £80bn to the UK economy in 2013

first_imgWednesday 14 January 2015 11:04 am whatsapp whatsapp Share Show Comments ▼ Jessica Morris center_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.Elvenar Tags: NULL Movie stars, music mavericks, models and actors are all helping the UK economy sparkle, with creative industries contributing an all time high of £76.9bn to the UK economy.The creative economy grew three times faster than the economy as a whole, with gross value surging 9.9 per cent, according to the report released by the Department for Business, Skills and Innovation yesterday. Overall the gross value added by creative industries has soared by 15.6 per cent since 2008, surpassing an increase of 5.4 per cent for the UK economy as a whole.Creative industries employed around 1.71m people in 2013, accounting for 5.6 per cent of total UK jobs. This is set against an already strong jobs market, with the unemployment rate beating expectations.But for anyone who holds ambitions to work in the creative industries, which ones would be their best bet? In 2013 advertising and marketing alongside IT, software and computer services employed the most people.The survey used a generous measure for the creative economy, including support jobs and creative jobs in creative industries as well as creative jobs outside of it.Creative industries were categorised as advertising and marketing, architecture, crafts, publishing, design as well as film, TV, radio and photography.This broad definition also included IT, software and computer services; museums galleries and libraries and music, preforming and visual arts.”The UK’s creative industries are recognised as world leaders around the globe and today’s figures show that they continue to grow from strength to strength,” said Sajid Javid, secretary of state for culture, media and sport.”They are one of our most powerful tools in driving growth, outperforming all other sectors of industry and their contribution to the UK economy is evident to all.”The new Bond film Spectre, gory television series Game of Thrones and the first illustrated editions of the Harry Potter books are all expected to boost the roaring creative economy this year. Creative industries added £80bn to the UK economy in 2013 last_img read more

Ingenious hits back at tax avoidance criticism of celebrity film investment scheme

first_imgIngenious has hit back at critics of its film investment scheme after more celebrities were named as having received tax breaks from investing in the plan, through rules brought in by Labour.A spokesman for Ingenious said: “Ingenious film partnerships run by Ingenious Media have already generated over £1bn in taxable income for the UK Treasury, with a further £1bn to come over the lifetime of the films they funded. They helped to bring movies like Avatar, Life of Pi, Best Exotic Marigold Hotel, The Girl with a Pearl Earring, Vera Drake, Shaun of the Dead and Hot Fuzz to the screen and are clearly run for profit.”The celebrities involved include David and Victoria Beckham, Liverpool captain Steven Gerrard, and singer Robbie Williams. Former footballers, including Gary Lineker, have also been named as investors.HMRC is currently running an investigation into Ingenious to see if it is deliberately designed for tax avoidance, and could recoup £26m from the stars if they find it is. Show Comments ▼ Tags: NULL whatsapp David Beckham, here pictured with wife Victoria, is Guild Esports’ fourth largest shareholder Sunday 1 February 2015 11:06 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderConsumer TechSee Everything from Miles Away Like You Are Standing Next to ItConsumer TechDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Share whatsapp Express KCS Ingenious hits back at tax avoidance criticism of celebrity film investment scheme More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orglast_img read more

Proxima confirms it is in takeover talks with JKX Oil & Gas as share price rockets 57 per cent

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoGive It LoveRemember These Rare Sisters? See Them NowGive It LoveUndoSenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsUndoLux & LushShe Hid Her True Identity All Her Life With MakeupLux & LushUndo whatsapp whatsapp Thursday 5 February 2015 8:53 am Show Comments ▼ Proxima Capital Group has confirmed it is in “very early” talks with exploration group JKX Oil & Gas, after shares in the Ukraine and Russia-focused firm soared today.  JKX’s share price jumped more than 57 per cent shortly after midday today, and has since dropped back down slightly, although was trading up around 34 per cent at pixel time at around 25p per share.  However JKX’s share price has tanked over the past 12 months, coinciding with the duration of the conflict in Ukraine.  Proxima issued an alert confirming it was considering a potential offer for the company.  The firm said it intended to approach the board to discuss its proposals.  “There can be no certainty that a firm offer will be made nor as to the terms on which any offer might be made,” it added.  Either way, a firm offer must be made by March 5 or Proxima has to walk away from the deal.   Sharecenter_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comConnecticut man dies after crashing Harley into live bearnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Catherine Neilan Proxima confirms it is in takeover talks with JKX Oil & Gas as share price rockets 57 per cent Tags: Mergers and acquisitionslast_img read more

Wall St falls as stronger dollar weighs on fuel – New York Report

first_img Share Wall St falls as stronger dollar weighs on fuel – New York Report Tags: NULL whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndoTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallUndo US STOCKS fell yesterday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.The greenback rose after a sharp decline on Wednesday. The Federal Reserve appeared to be more dovish than expected even as it opened the door for a Fed funds rate hike as soon as in June. US stocks rose more than one per cent on Wednesday after the Fed statement.WTI crude fell 1.9 per cent and Brent dropped 2.6 per cent as the dollar strengthened, and on concerns over excess supply. The S&P 500 energy index fell 1.7 per cent. “The forward path in interest rates is going to be slower than previously expected. The market celebrated that yesterday, and now it’s wondering what comes next,” said Kevin Caron, market strategist at Stifel, Nicolaus & Co in Florham Park, New Jersey.The Dow Jones industrial average fell 117.16 points, or 0.65 per cent, to 17,959.03, the S&P 500 lost 10.23 points, or 0.49 per cent, to 2,089.27 and the Nasdaq Composite added 9.55 points, or 0.19 per cent, to 4,992.38.Biotech stocks helped buoy the Nasdaq Composite and the S&P 500’s healthcare sector. Regeneron added 2.9 per cent to $486.02 and Biogen rose 1.3 per cent to $433.65 after Credit Suisse upped its price target on the stock to $500 from $400. The Nasdaq biotech index rose 1.9 per cent.Guess shares surged 16 per cent to $19.42. Quarterly profit beat analyst estimates as the apparel retailer’s expenses declined and online business grew. center_img Express KCS Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofBest Wine Gifts & Wine Accessories at Every PriceGayotCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Show Comments ▼ Thursday 19 March 2015 9:32 pm whatsapplast_img read more

Brits expecting strong year for house prices

first_imgWednesday 25 March 2015 9:26 pm whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof HOMEOWNERS and prospective buyers are expecting elevated house price growth over the next 12 months. It comes after a dip in expectations in February, which looked to be the beginning of a welcome slowdown in the market after a year of rapid growth and declining affordability. The Halifax house price optimism index released today rose to a score of 60 in March from 52 in February. The index regularly reached scores in the mid-60s last summer when year-on-year house price growth hit double-digits. Price growth expectations have been sky-high since the end of 2012 when the index scored just 20. This echoes price surveys from Halifax and Nationwide, which show the house price boom losing some steam at the end of 2014, but prices remain at elevated levels. Part of the problem lies in the fact that not enough houses are being built.“For sustainable long-term growth we need a period of stable growth and a more comprehensive housebuilding pro­g­ramme,” said Craig McKinlay, mortgages director at Halifax.However, demand is also rising, helped by cheaper mortgages. Figures published by the British Bankers Association (BBA) yesterday showed mortgage approvals climbing to a five-month high of 37,305 in February. “We’re seeing stronger demand for mortgages as consumers take advantage of some of the very competitive deals currently available,” said Rich­ard Woolhouse, chief economist at the BBA. Express KCS Tags: UK house prices Sharecenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyComedyAbandoned Submarines Floating Around the WorldComedyMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallFlight 10Secret Car Features Most Don’t Realize Their Car Is HidingFlight 10 Brits expecting strong year for house prices whatsapplast_img read more

Inflation test

first_img Billy Ehrenberg whatsapp Wednesday 17 June 2015 4:46 am [custom id=”37″] Inflation test whatsapp Share Show Comments ▼ More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.com Tags: NULLlast_img read more