Image copyright Getty Images Goals Soccer Centres , which runs outdoor football centres in the UK, has uncovered “improper behaviour” in the preparation of its financial accounts stretching back to 2010 “at least”. The firm has blamed “a number of individuals” for the behaviour. Following the revelations, the company’s shares are set to be kicked […]
Goals Soccer Centres says accounts crisis stretches back to 2010 Read More »
Image copyright Getty Images The pound dropped to a two-year low against the dollar on currency markets this week. It is not great news for those going on holiday this summer – it could mean their spending money will not go as far. So why is the value of the pound decreasing? And who decides
Exchange rates: Why is the pound getting weaker? Read More »
Image copyright Getty Images Image caption South Korean protestors hold signs saying “No Abe” in response to Tokyo’s trade curbs Japan will remove South Korea from its list of trusted trade partners, deepening a bitter row between the two countries. The decision to strike South Korea off its so-called “white list” puts fresh trading restrictions
Japan strikes South Korea off trusted export list as rift deepens Read More »
Image copyright MinkeeBlue Image caption Sherrill Mosee has seen import tariffs more than double on the bags she imports from China “I’ve been building my business, and growing it year after year, and then this happened,” says Sherrill Mosee, who is one of the many who’ve been caught in the crossfire of the US and
US-China trade war: ‘We’re all paying for this’ Read More »
Image copyright Getty Images Image caption ABTA said more than 50,000 holidaymakers were affected and 400 were already on holiday Two package holiday firms have collapsed, affecting more than 50,000 travellers. Malvern Group, which incorporates Late Rooms and York-based Superbreak Mini Holidays, known as Super Break, has ceased trading. The group said Super Break hotel-only
Super Break and Late Rooms holiday firms go into administration Read More »
Image copyright Reuters Image caption The EU does not encourage free ports, arguing that they create unfair competition The government is planning to create up to 10 free ports across the UK after Brexit. They allow firms to import goods and then re-export them outside of normal tax and customs rules. The UK last had
Post-Brexit plans unveiled for 10 free ports Read More »
Image copyright EPA Image caption Mitch McConnell said the bill would prevent any debt crisis The US Senate has approved a two-year federal budget deal that includes big spending increases. The bill, which has already been passed by the House of Representatives, will suspend government borrowing limits until the end of July 2021. It has
US Congress reaches deal to avert budget showdown Read More »
Image copyright Getty Images US President Donald Trump has announced fresh tariffs of 10% on another $300bn of Chinese products from 1 September. The move is the latest salvo in an escalating trade war between the two countries. It came after the latest round of bilateral talks showed little sign of a breakthrough. Mr Trump
Trump imposes more tariffs on Chinese goods Read More »
Image copyright In Pictures Image caption University staff in the picket line outside University College London in February 2018 The pension scheme for university academics would face a deficit of £23bn if it had to be rescued by the government, the scheme’s annual accounts show. The figures will stoke a fierce debate about the Universities
University pensions deficit could be £23bn Read More »
Image copyright EPA The chairman of BMW has warned Boris Johnson no-one would win from a no-deal Brexit and urged the new Prime Minister to listen to business. Harald Krueger said leaving the EU without a deal would be “lose-lose” for the UK and industry. Mr Krueger advised Mr Johnson: “Listen to the economy and
BMW boss says PM should rule out no-deal Brexit Read More »
