Business news blog


CBI warns of EU exit 'serious shock'

A UK exit from the EU would cause a "serious economic shock", potentially costing the country £100bn and nearly one million jobs, according to a report for the CBI.

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Oil price 'may have bottomed out' - BBC News


BBC News

Oil price 'may have bottomed out'
BBC News
There is evidence that oil prices are stabilising and could even begin to rise again, the International Energy Agency (IEA) has said. It said lower oil output in the US and other countries was helping to curb the glut in the supply of oil. The increase ...

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BARCLAYS: This is a mortgage-market 'game-changer' - Business Insider


Business Insider

BARCLAYS: This is a mortgage-market 'game-changer'
Business Insider
And now Barclays is adding its name to the list of doubters, calling the top in a note sent to clients this week. The bank downgraded two challenger banks, OneSavings Bank and Paragon, both of which have big buy-to-let mortgage books. Barclays says it ...

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Markets climb despite UK, eurozone and US service sectors slowing -as it happened - The Guardian


The Guardian

Markets climb despite UK, eurozone and US service sectors slowing -as it happened
The Guardian
BP will pay $4.9bn to settle claims from US states relating to the 2010 Gulf of Mexico oil spill, according to court papers seen by Reuters. As a condition of the settlement, the US states involved have agreed not to sue BP. The company said in July it ...

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Hundreds in China investors' protest

Hundreds of Chinese mineral investors protest in Beijing, alleging they have been defrauded by a metal exchange in the city of Kunming.

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