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Angus Energy announces transformational joint venture with Cuadrilla & Lucas Energy
Aim-listed Mongolian explorer Petro Matad to drill four wells in 2018


ShareCast News - Economic News





Tesco shuts Cardiff call centre, cutting 1,100 jobs

(ShareCast News) - Tesco will close its Cardiff call centre will close on Friday with the loss of 1,100 jobs despite the efforts of unions to reverse the decision.
[16 Feb '18 14:49]

More than 420,000 UK homes remain unbuilt despite planning permission being granted

(ShareCast News) - The amount of unbuilt homes, despite having received planning permission, has risen exponentially in the last twelve months, according to data collated by the Local Government Association, with more than 420,000 waiting to be built despite the UK suffering a chronic housing shortage.
[16 Feb '18 12:29]

A quarter of British exporters yet to review post-Brexit trading strategy

(ShareCast News) - One in four British exporters had yet to review their post-Brexit trading strategy, according to the latest Business in Britain report from Lloyds Bank, an improvement of 23% on a similar survey carried out by the bank six months earlier.
[15 Feb '18 14:29]

Persimmon boss to donate "portion" of bonus to charity

(ShareCast News) - The chief executive of UK home builder Persimmon announced on Wednesday that he will donate a portion of his controversial 100m bonus to charity.
[14 Feb '18 14:54]

Sadiq Khan launches 45m fund to support young Londoners

(ShareCast News) - Sadiq Khan announced on Tuesday that he would create a brand new 45m fund to provide desperately needed funding for local communities and charities aimed at helping the capital's youth fulfil their potential.
[13 Feb '18 13:12]

Treasury approves appointment of new FSCS chair

(ShareCast News) - The Bank of England's regulatory arms on Tuesday have tapped up a former RBC Capital Markets and State Street banker to take the role of chair of the Financial Services Compensation Scheme.
[13 Feb '18 10:52]

Stronger UK inflation increases pressure for BoE rate hike

(ShareCast News) - UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.
[13 Feb '18 09:50]

Brexit uncertainty could delay next rate hike, McCafferty says

(ShareCast News) - Brexit's approach and its potential negative impact in confidence may knock test the Bank of England's rate hike plans, a top official said.
[12 Feb '18 19:39]

George Soros donates an extra 100,000 to pro-EU campaign

(ShareCast News) - George Soros has pledged a further 100,000 to Best of Britain, an anti-Brexit campaign fighting to keep the UK in the European Union, in answer to criticism of his previous donation to the group (400,000).
[12 Feb '18 13:14]

Theresa May to meet Irish PM in hopes of Northern Irish accord breakthrough

(ShareCast News) - Irish Prime Minister Leo Varadkar and Theresa May are set to meet in Belfast on Monday to break the deadlock around crafting a power-sharing administration in Northern Ireland.
[12 Feb '18 11:42]



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