Advertisement
UK markets open in 3 hours 45 minutes

  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     

  • HANG SENG

    17,134.39
    +305.46 (+1.82%)
     

  • CRUDE OIL

    83.32
    -0.04 (-0.05%)
     

  • GOLD FUTURES

    2,334.40
    -7.70 (-0.33%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,516.47
    -107.91 (-0.20%)
     

  • CMC Crypto 200

    1,433.47
    +18.71 (+1.32%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Eurotunnel sticks to outlook despite Brexit

Reuters - UK Focus

PARIS, June 24 (Reuters) - Eurotunnel (Paris: FR0010533075 - news) said on Friday Britain's vote to leave the European Union will not affect the activity of the Channel Tunnel's concession and that it was keeping its outlook unchanged.

"A reduction in the value of the sterling would reduce the amount of the group's debt in that currency, would increase costs for maritime competitors and would support British exports, which would compensate for any potential negative effects," the statement said.

Eurotunnel has forecast Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) of 560 million euros for 2016 and 605 million euros for 2017, at constant exchange rates.

(Reporting by Dominique Vidalon; Editing by Geert De Clercq)