UK trade deficit hits record high

first_img Tags: NULL whatsapp whatsapp Wednesday 12 January 2011 4:53 am Britain’s goods trade deficit with the rest of the world unexpectedly deteriorated in November to hit a record high, driven by imports of oil and aircraft, official data showed.The figures will raise concerns about the rebalancing of the economy towards exports in response to sterling’s relative weakness, as well as casting doubt on the scale of trade’s contribution to fourth-quarter economic growth.However, analysts are likely to draw some comfort from the fact that November’s aircraft imports will probably be a one-off. Britain’s trade in goods excluding oil and erratic items such as aircraft – a better representation of underlying trends – narrowed from October’s record high.The Office for National Statistics said that Britain’s goods trade gap widened to £8.736bn from an upwardly revised £8.591bn in October. This was the biggest deficit since monthly records began in January 1980, and contrasts with the narrower deficit of £8.33bn that economists had forecast.Both exports and imports hit a record high in value terms on the month, though imports rose faster. The oil balance swung back from its unusual October surplus of £21m to a more typical deficit of £660m, as imports rose.Imports of aircraft and aircraft parts increased by £444m on the month.Britain trade deficit including services also widened. It increased to £4.123bn from 4.038bn, its highest since August. John Dunne More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ Share UK trade deficit hits record high last_img read more

SKY NEWS BITES THE HAND THAT MAY OR MAY NOT BE FEEDING IT

first_img SOME puzzling editorial choices have been afoot at Sky News this week. On Sunday, Gordon Brown’s disclosure that he asked the police to look into whether his phone was hacked by the News of the World topped its agenda all day. And yesterday the attack of foot-in-mouth disease that afflicted Sky Sports’ Andy Gray and Richard Keys – during which they saw fit to question whether a female referee’s assistant might need the intricacies of the offside rule pointing out to her – also headed the news list (at least until the Moscow airport bombing knocked it from the airwaves). The interesting point about these stories is that they both involve companies controlled by media mogul Rupert Murdoch, who owns the News of the World and covets 61 per cent of the chunk of Sky that isn’t already in his clutches.So why has Sky News turned on its brethren with such gusto? Could it be that the channel wants to prove just how impartial it is, and not at all a threat to media plurality? Not so says Sky News editor Chris Birkett: “These are the stories of the day. We’ve covered the phone hacking scandal from day one. We play it straight.”BEST INVESTMENTTHE Capitalist has been given an exclusive sneak peak at the Investment Special from this Thursday’s Prospect magazine.The indefatigable Jon Moulton (bottom), chairman of Better Capital and sometime City A.M. celebrity judge, comes out with a particularly fine zinger.In a section entitled “Win some, lose some,” which asks City-types to talk about their best and worst investments, Moulton quips: “My wife sadly declined, with unusual vigour, to be nominated in either category.”Also featured in the section is investment fund manager Nicola Horlick, who yesterday spoke about her plans to make a staggering 25 films in just three years in an ambitious £2m project called Derby Street Films. After the demise of the UK Film Council, any investment in our film industry is to be applauded. Let’s just hope it ranks among her best, rather than her worst, investments.BROWN’S WEIGHT IN HAGGISLondon’s famous Scottish restaurant, Boisdale, has devised an interesting way of promoting its Burns Supper. What could add to the culinary experience of munching on a sack of sheep offal? Why, of course, it is the knowledge that the amount of the stuff Boisdale expects to sell will more or less exactly match the weight of former Prime Minister Gordon Brown (250lbs, apparently, bottom, left) although whether he agreed to come into the restaurant for a weigh-in is unclear). Prices range from £39.50 for a three-course meal to £59.50 for a five-course.ACCOUNTANTS’ BALLIn festive merriment of another kind, accountants at PricewaterhouseCoopers (PwC), not usually renowned for their sense of humour, swapped their suits for flamboyant costumes for their annual pantomime. This year’s show – a performance of Pinocchio at the West End’s Peacock Theatre – even featured an impromptu cameo from PwC partner Leo Johnson. The dame – Mama Macaroni – was played by Dave Gironi, a manager in PwC’s finance team, who spent the performance pining for a date with Pinnochio’s dad, tax manager Phil Richardson.The firm is giving away 7,000 tickets to children from inner city schools and charities for the eight performances.WINE WARS RAGEThe Capitalist has always questioned the value of having two Corney andBarrow wine bars within staggering distance of each other in the heart of insurance land (Lime Street and Fenchurch Avenue). The bars surround the Lloyds building, where many an insurance boy can be seen with pink shirt, enlarged jowls, and file under arm.Always at the top of our game, we can now reveal that the Lime St Corney’s has vanished, to be replaced, according to smart green posters in the dusty window, by “a new wine bar for the city,” One Under Lime. An underwriter who spends most of his time in Lloyds the rest frequenting the local bars (no jowls, but has a file) described the vanished Lime St Corney’s as a “fleapit” compared with its Fenchurch Avenue counterpart. One Under Lime will be run by a group called Aventine, reportedly on behalf of Lloyds. We wish them all the best of luck in the over-priced Pinot Grigio war. Share KCS-content Monday 24 January 2011 7:09 pm whatsapp SKY NEWS BITES THE HAND THAT MAY OR MAY NOT BE FEEDING IT by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com whatsapp Show Comments ▼ Tags: NULLlast_img read more

Firms fight for shrinking public purse

first_img whatsapp Sunday 6 February 2011 9:41 pm Firms fight for shrinking public purse KCS-content THE squeeze on government spending has led to a dramatic rise in companies’ complaints to the Treasury’s procurement advisory unit and a surge in Freedom of Information (FoI) requests, research showed today. Companies unhappy with the outcome of government tenders are lodging a growing number of complaints challenging its decisions.Firms are also increasingly using FoI requests to find out more about their rivals’ bids for tenders, the research by law firm EMW showed.Complaints lodged with the government’s Office of Government Commerce to dispute tender decisions jumped by 84 per cent in the year to September 2010 compared to 2009, from 31 to 57. The number of complaints it investigated also rose almost 30 per cent, to 27 from 21. A company that has won a contract cannot start work until all complaints made to the OGC are resolved.EMW consultant Simon Vumbaca said companies uncertain of their pipeline of work were becoming more protective of contracts they felt they should have won.“There is a lot at stake,” he said. “Some companies are using the complaints system…to delay their competitor from starting the project.”FoI requests are used to find and challenge weaknesses in a decision. “It is one of the tools in the arsenal to find a way to challenge a decision. No stone is left unturned to find out whether a decision has been awarded fairly,” said EMW principal Giles Ferin.The government has cut departmental budgets by an average 19 per cent over four years to rein in the deficit. Tags: NULLcenter_img whatsapp Share Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndolast_img read more

Reckitt misses fourth quarter forecasts

first_img Show Comments ▼ Reckitt misses fourth quarter forecasts Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Share Wednesday 9 February 2011 2:43 am whatsapp center_img whatsapp Consumer goods group Reckitt Benckiser said it is aiming for above industry growth in 2011 despite rising input costs and tough economies after fourth quarter earnings on Wednesday came below forecasts.The group, which makes Finish dishwash products, Cillit Bang cleaners and Nurofen painkillers expects sales to rise four per cent this year and operating profit growth above that from its businesses excluding its newly-acquired SSL but including its pharmaceuticals unit.The company reported fourth-quarter earnings showing a rise of 14 per cent to 69.0 pence per share, below a company-compiled consensus of 73.7p,Reckitt set its targets this year to include its drugs arm whose main revenue generator is heroin substitute Suboxone. It lost its exclusive licence for this in October 2009 and expects generic competition to eventually emerge and hit profit. John Dunne More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULLlast_img read more

West Ham Olympic Stadium bid gets go ahead

first_img Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut John Dunne West Ham United has been selected as the preferred club to move into the Olympic Stadium in east London after the 2012 Games.Olympic Park Legacy Company (OPLC) chiefs chose the club’s bid over a rival proposal from Tottenham Hotspur.The decision must now be passed by the OPLC board, two government departments and the mayor of London Boris Johnson.The decision in favour of West Ham’s bid was unanimous.West Ham’s plan will to keep athletics in east London and leave the running track untouched. West Ham Olympic Stadium bid gets go ahead Share whatsapp whatsapp Friday 11 February 2011 7:31 am Tags: NULLlast_img read more

CSR in £417m deal for Zoran

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPuffer fish snaps a selfie with lucky divernypost.com John Dunne Monday 21 February 2011 2:56 am CSR in £417m deal for Zoran Show Comments ▼ Sharecenter_img Tags: NULL whatsapp British chipmaker CSR said it had agreed to buy US group Zoran Corporation to add imaging and video to its wi-fi, bluetooth and location technology offer.Under the terms of the agreement, Zoran shareholders will receive 1.85 shares in CSR in the form of American Depository shares for each Zoran share, valuing Zoran at about £417m. The deal amounts to a 39.9 per cent premium to Zoran’s closing share price on Friday, CSR said in a statement. CSR also said it would return up to £147M to shareholders in a share buyback. whatsapp last_img read more

Brevan Howard chief to ditch City for Switzerland this year

first_img Show Comments ▼ KCS-content Monday 14 March 2011 9:28 pm Tags: NULL EUROPE’s largest hedge fund manager, Brevan Howard Asset Management, will see another of its top executives move to Switzerland this year. Australian co-chief executive Nagi Kawkabani said the decision to leave London is purely a “lifestyle choice”.But the move will inflame fears that London is becoming a less attractive home for top-earners due to its stringent rules on pay and effective tax rate of 51 per cent on personal income. Brevan Howard has seen a raft of its staff move to Switzerland since opening an office in Geneva in 2009. Last year, Alan Howard, co-founder of the firm, moved there and the asset manager has plans to double its Geneva headcount this year. It has $32.6bn (£20.1bn) in assets under management. Brevan Howard chief to ditch City for Switzerland this year whatsapp whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’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 Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

Lloyds cuts jobs to merge HBOS

first_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Tags: NULL whatsapp Show Comments ▼ Thursday 17 March 2011 9:22 pm More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img whatsapp Lloyds is to axe 570 jobs from across its business as part of its integration process with Halifax Bank of Scotland.The state-owned lender is also set to outsource up to 600 roles. The cuts, which will mainly come from back-office roles, will take the total number of job cuts at the bank close to 27,000 since the height of the banking crisis. Lloyds, under the direction of new chief executive António Horta-Osório, is in the middle of restructuring the bank after it bought HBOS at the peak of the financial crisis. Share Lloyds cuts jobs to merge HBOS last_img read more

Public borrowing and inflation rise

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext RefinanceMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyMovie JewelInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeMovie Jewelzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comGameday News40 Abandoned Stadiums That Once Made Sports HistoryGameday NewsFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterSmartAnswers.netThis New Volkswagen SUV Is The Car Of Your Dreams.SmartAnswers.netAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search Ads Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’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 Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tuesday 22 March 2011 6:05 am Public borrowing recorded its worst February since records began, and inflation surged more than expected to a 28-month high, official data showed.The news comes as Chancellor George Osborne puts the final touches to his 2011 Budget due on Wednesday, and is also likely to worry Bank of England policymakers trying to wrestle inflation back to its two per cent target.The Office for National Statistics said consumer price inflation rose to 4.4 per cent in February from 4.0 percent in January, significantly higher than the 4.2 per cent forecast by economists.Higher housing costs, domestic heating bills and clothing prices drove the increase in CPI, the ONS said.Retail price inflation, which is based on a longer-running index and is used as a starting point for many wage negotiations, rose to 5.5 per cent from 5.1 per cent, its highest since July 1991.The ONS said that public sector net borrowing totalled £10.280bn in February, up from 8.105 billion pounds for the same month in 2010 and well above economists’ median forecasts of 8.0 billion pounds.The government’s preferred measure, PSNB excluding financial sector interventions, rose to £11.771bn. Both measures were the highest for a month of February since records began in 1993.The figures mark a sharp turnaround from January, due to an unwinding of the exceptional receipts for self-assessed income tax received in that month. Tags: NULL Show Comments ▼center_img Public borrowing and inflation rise John Dunne whatsapp Sharelast_img read more

SEC plans end to price swings

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tuesday 5 April 2011 8:47 pm whatsapp US securities regulators yesterday unveiled a long-awaited plan designed to protect the markets from volatile price swings, following the 6 May “flash crash”.The so-called “limit up-limit down” proposal from the Securities and Exchange Commission, would require trades in US-listed stocks to be executed within a range tied to recent prices.If approved, it would replace existing single-stock circuit breakers that were implemented through a pilot programme shortly after the flash crash. whatsapp Show Comments ▼ center_img Share SEC plans end to price swings KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld Lifestyle Tags: NULLlast_img read more