The European Central Bank has "substantially" upgraded its GDP growth forecasts for the eurozone, reflecting the brightening economic prospects for the single currency area even as the UK's outlook is gloomy due to Brexit. The ECB's latest forecast for growth in 2017 is 2.4 per...
The British Chambers of Commerce has marginally revised down its economic growth forecast for the UK, citing sluggish household consumption and lacklustre business investment over the next couple of years, largely because of Brexit. The BCC on Monday said that it now...
Policymakers at the Bank of England believe the risk of a "no deal" Brexit has been reduced by Theresa May's Brussels agreement last week - and that this breakthrough may boost UK economic confidence in the coming months. The view was relayed in...
Carpetright has confirmed plans to close 92 stores, with the potential loss of 300 jobs, in a restructuring process designed to stave off administration. Shares in the UK’s biggest carpet retailer fell sharply 16% to 35p as the company said it wanted to move out of almost a quarter of its...
Credit card customers struggling with severe debt could save up to £1.3bn a year under new rules being put forward by the UK’s Financial Conduct Authority. If the proposals go ahead, it could see lenders waive or even cancel interest or charges...
There was quality everywhere in Peaky Blinders tonight and right from the opening, which saw Iggy Pop brought in to cover Nick Cave's 'Red Right Hand' opening. We picked up the action with Tommy being tailed by the mafia but well aware of...
Facebook and WhatsApp are being tied much closer together. The social network, which owns the messenger firm, is launching a new "Click-to-WhatsApp" ad unit that’s designed to make users chat to businesses. WhatsApp is strongly opposed to the idea of placing adverts inside...
The US economy would be $1.6trillion larger if women had the same better opportunities at work, new research has revealed.  A study published this week by Standard & Poor's found the US could boost its GDP up to 10 per cent in...
A woman who voted for the first time appeared to have tears of joy after she cast her ballot in Alabama’s Senate race. “My eyes just burning. Ain’t nobody crying,” 33-year-old Nuris Bigelow joked as she is seen in a video wiping...
The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth -- sell. And many weren’t ready. Lenders on the fringe of...