Fuelling the flames

THE OIL PRICE has finally gone into reverse, although you may not have noticed when you filled up your car on the forecourt. Supermarkets and other major retailers are notorious for instantly passing on higher wholesale prices to motorists, then taking several weeks to reluctantly pass on any price drop. Daily Express :: Finance Feed  More...

by gvwtv | Published 8 hours ago
By gvwtv On Saturday, June 23rd, 2018
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House of Fraser to close 31 STORES, 6,000 jobs cut in High Street crisis

HOUSE of FRASER has been given approval by creditors to close 31 stores, resulting in up to 6,000 job losses and dealing another massive blow to the UK high street. Daily Express :: Finance Feed  More...

By gvwtv On Thursday, June 21st, 2018
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‘Germany profited MASSIVELY from Greek debt!’ BILLIONS put in German budget by crisis

GERMANY has raked in billions in interest payments on Greek bonds issued since 2010. The revelation comes as Greece prepares to end the third bailout programme today and return to the markets. Daily Express :: More...

By gvwtv On Wednesday, June 20th, 2018
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Double blow for McCarthy

MORE than £100million was wiped from the value of retirement housing builder McCarthy & Stone yesterday as it shocked investors with a profit warning and its boss announced his own plans to quit the 9-to-5 More...

By gvwtv On Monday, June 18th, 2018
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Italy has ‘one last roll of dice’ before it could QUIT euro, expert says

ITALY’S new Prime Minister Giuseppe Conte needs to convince Angela Merkel it is time for “one last throw of the dice” before Italy’s debt turns to junk and the country bins the euro, an expert has claimed. Daily More...

By gvwtv On Sunday, June 17th, 2018
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House of Fraser staff await fate – Over 17,000 jobs in the balance as firm restructures

HOUSE Of Fraser could collapse into administration on Friday, placing 17,500 jobs in jeopardy, unless creditors back a controversial rescue deal that will net its Chinese owner £70million. Daily Express :: Finance More...

By gvwtv On Friday, June 15th, 2018
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Merkel could hit back at Trump’s tariffs with attack on Amazon, Airbnb, and Uber

GERMAN Chancellor Angela Merkel has sent the clearest signal yet that Germany will protect its car industry against President Donald Trump’s punitive trade tariffs and hit back in turn with an attack on US tech More...

By gvwtv On Thursday, June 14th, 2018
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Pound euro exchange rate rallies despite wariness as ECB mulls major stimulus decision

The GBP/EUR exchange rate is currently at €1.136, with the pairing rallying around 0.2 per cent this morning, despite some wariness ahead of the ECB policy meeting this afternoon. The pound is making some tentative More...

By gvwtv On Wednesday, June 13th, 2018
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Bitcoin price today: Crypto falls to lowest price since February – Why is BTC falling?

BITCOIN has suffered its worst day since February as the price tumbled, prompting fresh fears about the long-term viability of cryptocurrencies. So why is BTC falling? Daily Express :: Finance Feed  More...

By gvwtv On Monday, June 11th, 2018
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Pound USD: Exchange rate declines as production slows and trade deficit grows

The pound to US dollar exchange rate got off to a shaky start today, with Sterling falling around a quarter of a per cent in the pairing on a string of poor UK data releases. Whilst the GBP/USD rate remains above More...