Business

Brexit U-turn: Carney used Leave argument to ‘manage reputation’ as he backtracked on EU

Brexit U-turn: Carney used Leave argument to ‘manage reputation’ as he backtracked on EU Coronavirus causing ‘economic consequences’ says Mark Carney The former Bank of England (BoE) governor caused anger among those in the Leave camp for his predictions on how the UK could crumble financially in the event of Brexit. Given his standing within the finance sector, Mr Carney ...

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Warren Buffett gave key lesson to billionaire for success – ‘Don’t be in clever pile’

Warren Buffett gave key lesson to billionaire for success – ‘Don’t be in clever pile’ According to Bloomberg’s Billionaires Index, Mr Buffett is the seventh richest person in the world. He is CEO of the American multinational holding company Berkshire Hathaway. Speaking to Yahoo Finance, Mr Tull described a piece of advice that Mr Buffett gave him which shaped his approach ...

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Job Support has ‘kicked can further down the road’ as jobs crisis ‘only just beginning’

Job Support has ‘kicked can further down the road’ as jobs crisis ‘only just beginning’ The Covid crisis has already been devastating for the UK economy, which has seen its biggest slump in decades. The onset of the pandemic saw Gross Domestic Product (GDP) fall by more than 25 percent between January 2020 and April 2020. Ms Geesin said: “Although ...

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Heathrow suffers £2billion loss in ‘toughest’ year as passenger footfall nosedives 73%

Heathrow suffers £2billion loss in ‘toughest’ year as passenger footfall nosedives 73% The number of people passing through the west London airport tumbled from 80.9 million in 2019 to 22.1 million last year – a level not seen since the 1970s – and more than half of those travelled before the COVID-19 crisis struck.  The group’s mammoth loss last year ...

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Energy supplier launches rollout of solar panels and battery storage packages for homes

Energy supplier launches rollout of solar panels and battery storage packages for homes This follows a multi-million pound investment with Australia the first international target for the Ofgem-regulated business in west Yorkshire. Its pioneering artificial intelligence platform lowers bills by enabling customers to store, manage and distribute clean energy and get the most from connections to the grid. After setting up in 2019, ...

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Remainer banker Mark Carney U-turned on Brexit panic: ‘Could be conceptual positive’

Remainer banker Mark Carney U-turned on Brexit panic: ‘Could be conceptual positive’ Coronavirus causing ‘economic consequences’ says Mark Carney Mr Carney divided opinion during his seven years at the BoE, and particularly sparked anger from those on the Leave campaign for comments he made during the referendum debate five years ago. His involvement in the conversation saw accusations the Bank ...

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