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  • Family holidays to Europe 'to cost £230 more' after Brexit, PM claims

    Leaving the EU could put £230 on the cost of a family holiday and £4 on the price of a phone call home, David Cameron has claimed, as he set out what he termed the "retail" case for continued membership.

  • Brexit fears spook German investors in May: ZEW institute

    Frankfurt's Bankenviertel is the biggest financial centre in the eurozone

  • Pub Boss To Hold Brexit Chats With Drinkers

    Customers hoping for a quiet pint and a packet of peanuts at their local Wetherspoon pub may get more than they bargained for as boss Tim Martin drops in for a chat about the EU referendum. Mr Martin, chairman of JD Wetherspoon and one of the most prominent business campaigners in favour of a Leave vote, is visiting …

  • Good neighbours become good friends, as poll finds 76% live on friendly street

    Three-quarters of home buyers describe their street as friendly and more than half socialise with their neighbours, a survey has found.

  • Here's how Uber wants to solve commuting @ City A.M. - 43 minutes ago
    Here's how Uber wants to solve commuting

    Uber has already revolutionised our late night trips after a night out, but now Uber wants to do the same for your daily commute to work. The boss of the billion dollar startup Travis Kalanick has spoken about one of the bigger plans for the company and the future of commuting - carpooling. Why can’t these folks get a …

  • IMG Owner Eyes F1 As CVC Revs Up Options

    A major shareholder in one of the world's biggest talent management groups is exploring the purchase of a stake in Formula One (F1) motor racing. Sky News has learnt that Silver Lake, which owns WME-IMG, is in early-stage talks with CVC Capital Partners about a deal that would involve it acquiring a "substantial" interest …

  • Swiss approve dissolution of scandal-hit bank

    The office building entrance where the Swiss bank BSI is located is seen in Singapore on May 24, 2016

  • Here's how much Manchester United will pay Louis van Gaal for sacking him

    Manchester United has agreed to pay Louis van Gaal a £4.55 million ($6.6 million) severance package, according to the Times. The paper says van Gaal would have voluntarily walked away with nothing if the club had handled his dismissal better. Rumours spread that Manchester United had finally decided to fire van Gaal on …

  • The deficit is even higher than we thought - again

    The UK's deficit is even higher than first thought, according to new figures released today by the Office for National Statistics (ONS) this morning. The miss - of more than five per cent - is even more embarrassing for the chancellor given that he made the latest forecasts just two weeks before the end of the financial …

  • This brain train tool could help you drink less booze

    Anyone who failed miserably at dry January, or any attempt to drink less thereafter, might want to give this free online tool a try. It uses a brain-training technique, known as a "cognitive bias modification", to reduce an individual's unconscious preference for alcoholic drinks over non-alcoholic ones. Users are tested …

  • Toyota to recall 1.6 mn more US cars over Takata airbags

    Toyota is recalling some models of Corollas, Lexus and Scion made between 2006 and 2011

  • Venezuelan middle-class struggles with shrinking money

    KILL - This story has been killed due to an error in the exchange rate used in the original. A new version will follow.

  • Ping An becomes first Chinese institution to join R3 blockchain consortium @ International Business Times Finance ONC UK - 1 hour 5 minutes ago
    Ping An becomes first Chinese institution to join R3 blockchain consortium

    Ping An Financial Services Group has joined banking consortium R3, which is busy designing and applying distributed and shared ledger-inspired technologies to global financial markets. Ping An Bank is known to be a leading light in China's explosive platform banking universe, and has even been described by some experts …

  • Brexit's Got 90s Talent: Farage and Brexiteers deploy East 17 and 5ive

    There's a serious generation gap when it comes to how the nation will vote in June's referendum, but it looks like the Leave campaign has a new plan to woo the younger generation who are more in favour of staying in Europe, according to the polls. Instead, Brexiteers have arranged "bpop live" and a line up that includes East …

  • Here's who Mark Carney will be up against at the Treasury Select Committee

    Mark Carney, however, might be the exception to that rule. Former chancellor Lord Lamont set the bar pretty high with his storming attack on Carney just hours after he said Brexit could trigger a recession. The TSC, however, is used to being in the headlines - don't rule out some of its members going even stronger, especially …

  • The boss of JD Wetherspoon is campaigning for Brexit in his pubs

    JD Wetherspoon chief Tim Martin is going on a pub crawl around all 100 of the company's drinking-holes over the next month to convince punters to vote for Britain to leave the EU. Martin is a staunch Brexit campaigner - he has signed several business-led letters calling for Brexit - and hopes to spread the word throughout …

  • Singapore kicks out Swiss bank linked to Malaysia's 1MDB

    Singapore's central bank has ordered the closure of the local branch of Swiss bank BSI, which has been linked to a scandal at Malaysia's troubled state fund 1MDB

  • Why Brexit won’t be a disaster (and as former City minister, I should know)

    EU member states need continued free access to our financial markets regardless of whether we remain politically bound to them or not. The UK accounts for 40 per cent of all wholesale financial markets in the EU, and European businesses depend on continued access to the wealth of expertise and capital that resides her …

  • curasan signs marketing agreement with Silony Medical International

    DGAP-News: curasan AG / Key word(s): Alliance2016-05-24 / 09:51 The issuer is solely responsible for the content of this announcement.- Outlicensing of CERACELL Ortho for distribution in Europe- First marketing agreement to increase utilization of production capacity at the Frankfurt site- Further expansion of access to …

  • Obama Hiroshima trip to overshadow G7 economic talks

    A gathering Chinese slowdown, weak oil prices and the looming threat of Britain's exit from the European Union will provide the backdrop for the meeting of the Group of Seven

  • Deutsche Bank's credit rating was downgraded to 2 notches above junk Business Insider UK Finance - 2 hours 2 minutes ago
    Deutsche Bank's credit rating was downgraded to 2 notches above junk

    Deutsche Bank's credit rating was lowered by Moody's on Monday, citing difficulties with the lender's plan to stabilise itself in a world of low growth and low interest rates. The bank's credit rating for senior unsecured debt, which is not backed by collateral but is ahead of junior debt in the queue for assets in the …

  • All eyes on Stelios as EasyHotel profits fall @ City A.M. - 2 hours 12 minutes ago
    All eyes on Stelios as EasyHotel profits fall

    EasyHotel is enjoying the easy life: revenues were above expectations for the first half of the year - although profits more than halved on costs.  The figures

  • Now Donald Trump has been rejected.... by North Korea @ City A.M. - 2 hours 15 minutes ago
    Now Donald Trump has been rejected.... by North Korea

    The Republican Presidential hopeful had proposed that he meet the country's leader Kim Jong-un - but this has been dismissed as a "kind of propaganda or advertisement" in his election race by a senior North Korean official. "It is up to the decision of my Supreme Leader whether he decides to meet or not, but I think [Trump's] idea …

  • MeVis Medical Solutions AG: MeVis Q1 2016: Solid start into the new year

    DGAP-News: MeVis Medical Solutions AG / Key word(s): Quarter Results/Interim Report2016-05-24 / 09:30 The issuer is solely responsible for the content of this announcement.

  • Rio Tinto exec swaps exploration for tech @ City A.M. - 2 hours 20 minutes ago
    Rio Tinto exec swaps exploration for tech

    FTSE 100-listed miner Rio Tinto's head of exploration is swapping this troubled sector for tech and innovation as the commodity rout rumbles on. Stephen McIntosh has been appointed as acting group chief exec for technology and innovation, succeeding Greg Lilleyman who leave the firm after a 25 year career there. McIntosh has …

  • Cold Weather Dampens Barbecue Sales At B&Q Sky News - 2 hours 25 minutes ago
    Cold Weather Dampens Barbecue Sales At B&Q

    B&Q sales growth slowed at the start of the year as cold weather cooled sales of barbecues and outdoor furniture. In a trading update by owner Kingfisher (LSE: KGF.L - news) , B&Q's UK and Ireland (Other OTC: IRLD - news) network posted a 3.6% rise in same-store sales for the first quarter to the end of April, down from …

  • Holidays 'to cost £230 more' after Brexit PA Money News - 2 hours 39 minutes ago
    Family holidays to Europe 'to cost £230 more' after Brexit, PM claims

    Family holidays to Europe could be £230 more expensive on average if Britain leaves the EU, David Cameron will say as he stays on the offensive.

  • Nationwide posts strong profit growth as mortgage lending reaches pre-recession levels

    Gross mortgage lending at the mutual society was up 20 per cent to £32.6bn, as the firm helped 57,200 first time buyers into a home of their own. Nationwide has also expanded its current account base with 525,000 new accounts - up 12 per cent on 2015. All that meant underlying profit was up nine per cent to £1.4bn, while …

  • Nationwide warns on mortgage as profits rise PA Money News - 2 hours 45 minutes ago
    Nationwide warns over mortgage competition as profits rise 9%

    Nationwide Building Society has posted a 9% rise in annual profits, but cautioned that growth will ease back over the year ahead as it battles against competition in the mortgage market.

  • Kingfisher's sales grow in line with expectations despite B&Q closures @ International Business Times Finance ONC UK - 2 hours 46 minutes ago
    Kingfisher's sales grow in line with expectations despite B&Q closures

    B&Q owner Kingfisher said on Tuesday (24 May) that trading in the first three months of the year was in line with expectations, as sales grew across most of its businesses. The 6.2% gain in like-for-like sales in Britain and Ireland came despite a 4.3% drop in reported sales at B&Q, which the group attributed to a number …

  • Biotest AG: Biotest opens new plasma collection centre in Brookings, South Dakota, USA

    DGAP-News: Biotest AG / Key word(s): Miscellaneous2016-05-24 / 09:00 The issuer is solely responsible for the content of this announcement.

  • USU Group Announces Financial Figures for Q1/2016 EQS Group - 2 hours 48 minutes ago
    USU Group Announces Financial Figures for Q1/2016

    DGAP-News: USU Software AG / Key word(s): Quarterly / Interim Statement2016-05-24 / 09:00 The issuer is solely responsible for the content of this announcement.

  • Asian markets: Shanghai Composite slips on Fed rate increase fears @ International Business Times Finance ONC UK - 2 hours 49 minutes ago
    Asian markets: Shanghai Composite slips on Fed rate increase fears

    All Asian stock market indices were trading lower on 24 May, including the Shanghai Composite Index that was down 1.01% at 2,814.80 as of 6.03 am GMT. This followed a decline in oil prices, while investors remained cautious amid the recent hawkish comments from the US Federal Reserve that suggested an increase in interest …

  • AA confirms it's in talks to sell Irish business @ City A.M. - 2 hours 55 minutes ago
    AA confirms it's in talks to sell Irish business

    The roadside assistance group said this morning it was "exploring options in regards to its Irish business and a further announcement will be made if and when appropriate". It did not name names, but this weekend the Sunday Times said Carlyle Cardinal Ireland was in exclusive talks to buy the firm for up to €160m (£11 …

  • Severn Trent has cut its dividend after decline in full-year earnings

    At the beginning of May, Severn Trent and United Utilities won approval for a 50:50 joint venture that will compete to supply water to business. The competition regulator approved plans to combine the companies' non-domestic supply arms into the new offering, which Severn Trent will back with a cash injection of £3.5m. …

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