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IMF warns of new threats to global economy due to excessive risk taking

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Geopolitical tensions and increased risk taking add to disruption, though world economy expected to pick up during 2015 Continue reading…

Marks & Spencer moves into Finland and Norway in franchise deals

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Expansion into Europe part of aim to increase international sales by a quarter following humiliating exit from continent in 2001 Continue reading…

Fed in no hurry to raise interest rates as it details ‘gradual’ plans to exit stimulus

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Central bank to keep rates near zero for a considerable time and says it will exit quantitative easing in a gradual and predictable manner Continue reading…

JD Sports plans overseas expansion after doubling profits for second year

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Pre-tax profits rise to £20m as sales up 27% to start of August as firm plans to open 10 foreign stores by end of January Continue reading…

Anger at DS Smith boss’s £200k relocation allowance for 40-mile move

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Forty percent of shareholders fail to back remuneration report at packaging firm after details of payment to Mike Roberts Continue reading…

Dixons Carphone to keep on 800 Phones 4u staff

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Retailer given all clear by administrators to hire staff as mobile phone operators Vodafone and EE are accused of causing Phones 4u’s collapse Continue reading…

Interest rates: discuss it now, raise them in February

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Unemployment may be falling, inflation low and the eurozone in a funk but there is good reason not to have a debate now Continue reading…

Oligarch’s arrest deepens fears over Russian economy

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Vladimir Yevtushenkov under arrest and facing prospect of selling Sistema company in what critics call ‘undisguised theft’ Continue reading…

TUC demands more progress on low pay, as jobless rate falls to just 6.2% – business live

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Pay increases are less than half the rate of inflation, so living standards keep on falling, says TUC chief. Latest summary TUC: too many low-paid jobs The old wage/employment relationship has broken down Cameron: Remarkable figures today UK jobless rate hits 6.2% <- coverage starts here Average earnings up but still lagging inflation The key [...]

Scottish independence: still undecided? Six key economic issues to consider

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No camp’s warnings on financial pitfalls can’t sway the committed but arguments might work on the ‘don’t knows’ Continue reading…