… but unemployment edges up in 27 states

first_imgThursday 23 September 2010 7:56 pm Show Comments ▼ whatsapp MORE than half of US states saw their unemployment rates rise in August, the largest number in six months, as hiring weakened across the country.Overall, the economy lost 54,000 positions in August and the unemployment rate rose to 9.6 per cent from 9.5 per cent in July. Private employers added a net total of only 67,000 jobs.The the US Labour Department said the unemployment level fell in only 13 states while it was unchanged in 10 states and Washington, DC, The figures were worse than the previous month, when the unemployment rate increased in only 14 states and fell in 18. It was the largest number of states to record an increase in the jobless total since February. … but unemployment edges up in 27 states Sharecenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Tags: NULL KCS-content last_img read more

Vatican Bank turns to courts to have €23m in assets freed

first_img whatsapp Show Comments ▼ Tags: NULL whatsapp THE Vatican Bank has asked an Italian court to free €23m (£20.1m) of funds frozen in Italian banks when magistrates opened an investigation into suspicion of money laundering.Vincenzo Scordamaglia, the lawyer representing the Vatican Bank, said a panel of three judges will hold a hearing within two weeks to decide on the request.Scordamaglia re-stated the Vatican’s position that its bank, formally known as the Institute for Works of Religion (IOR), had done nothing wrong because it was merely trying to transfer its own funds from one bank to another.“The entire thing could have been cleared up if [the magistrates] just picked up the phone and made a call,” Scordamaglia said.On 21 September, Rome magistrates put the Institute for Works of Religion’s president Ettore Gotti Tedeschi and director general Paolo Cipriani, under investigation and froze €23m of its funds in two Italian banks after two recent transfers were deemed suspicious by financial police and blocked. One was a transfer of €20m to a German branch of a US bank, and the other of €3m between two Italian banks. Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap KCS-content Thursday 7 October 2010 9:44 pm Vatican Bank turns to courts to have €23m in assets freed last_img read more

The Quoted Companies Alliance claims Prospectus Directive win

first_img Tags: NULL whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Show Comments ▼ THE Quoted Companies Alliance (QCA) has welcomed the coalition’s decision to introduce key changes to the Prospectus Directive, which it says will help companies raise capital more cost effectively.The representative body for the UK’s small and mid-cap quoted company sector had petitioned the government to raise the threshold for which a prospectus is required from £2.2m to £4.4m, meaning smaller firms can save on expensive administration fees.It also persuaded the government to increase the minimum number of investors for which a prospectus is required from 100 to 150.Tim Ward, QCA chief executive, said: “We are pleased to see that the government has taken on board our suggestion to implement the changes to the Prospectus Directive quickly. “These two key changes will benefit those companies that are considering raising finance by providing them with a cost-effective and efficient means of raising capital from the public.”The government announced the measures as part of a package of actions it intends to take in order to develop strong and sustainable economic growth in the UK. KCS-content center_img Share Wednesday 3 November 2010 9:34 pm The Quoted Companies Alliance claims Prospectus Directive win by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthy whatsapplast_img read more

BHP Billiton foiled again

first_img Show Comments ▼ whatsapp Wednesday 3 November 2010 10:21 pm Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndocenter_img BHP Billiton foiled again Canada’s rejection of BHP Billiton’s $39bn (£24.7bn) hostile bid for Potash Corp leaves the Anglo-American mining giant adrift. Chief executive Marius Kloppers has been extolling the importance of the takeover for months, but with just 30 days to deal with the government’s serious objections, it seems the blockbuster bid has all but run out of steam. As well as the federal government’s objections, BHP must convince the province of Saskatchewan of the deal’s benefits next week, as well as tackle a US court case filed by Potash, which claims BHP misled shareholders. BHP stock has already come under pressure from investors worried that the price of Potash is too high, and the firm could decide to cut its already substantial losses.Once the takeover is brought to a decisive end, either by BHP itself or the Canadian authorities, the firm will be left with some $39bn in spare cash. Several analysts have suggested the firm could begin a share buyback. Olivia Ker at UBS said earlier this week that such a scheme might be up to $10bn in size, and could create a four per cent boost to earnings per share. As well as impatient BHP shareholders, the coalition government will also be tracking the takeover fallout. Vince Cable’s department last month launched a review of UK takeover rules with a view to introducing a “Cadbury’s law”, to protect British companies from overseas predators. BHP called off a $58bn bid to buy rival Rio Tinto in 2008 after the market turned, and earlier this year aborted an $177bn Austrialian JV with Rio. BHP has once again been thwarted. KCS-content Tags: NULLlast_img read more

ECONOMISTS’ REACTION: WAS RESTARTING QE THE RIGHT DECISION?

first_img ECONOMISTS’ REACTION: WAS RESTARTING QE THE RIGHT DECISION? whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com MARTIN FELDSTEIN | HARVARD UNIVERSITYThe Federal Reserve’s proposed policy of quantitative easing is a dangerous gamble with only a small potential upside benefit and substantial risks of creating asset bubbles that could destabilise the global economy. Although the US economy is weak and the outlook uncertain, quantitative easing (QE) is not the right remedy. Like all bubbles, exaggerated increases in the price of commodities and farm land and raised share prices can rapidly reverse when interest rates return to normal levels.PAUL ASHWORTH | CAPITAL ECONOMICSQE2 is hardly a game-changer. The Fed’s new programme of asset purchases is not going to pull the US economy out of its current malaise because, given the scale of the balance sheet problems facing households and financial institutions, it is simply too modest to overcome those obstacles. Lower long term interest rates won’t do much to stimulate demand – half of all mortgage borrowers don’t qualify to refinance at lower rates because they don’t have enough equity in their homes.ASHA BANGALORE | NORTHERN TRUSTAdvocates of QE2 expect a positive impact from lower interest rates lifting all interest sensitive areas of spending such as home buying, refinancing of mortgages, and increased business expenditures, at the margin. And bankers should be induced to lend given the alternatives of paltry earnings from excess reserves and Treasury securities. Also, the benefit of increased exports from a depreciation of the dollar should be seen in headline GDP. From the Fed’s point of view, QE2 is the least costly option. Tags: NULL Sharecenter_img whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap KCS-content Show Comments ▼ Wednesday 3 November 2010 10:35 pmlast_img read more

Gaffe sees Babcock boss quit

first_img Show Comments ▼ Gaffe sees Babcock boss quit KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Share whatsapp Monday 8 November 2010 10:05 pm THE deputy chairman of defence contractor Babcock International was forced to resign in embarrassing circumstances yesterday after he called the Royal Navy’s procurement of two aircraft carriers the company is building a “disaster”.Former trade minister Lord Hesketh, who has been deputy chairman of Babcock since 1996, was reported as saying the Navy’s two new aircraft carriers would make it a “laughing stock” and blamed “vested interests” at lead defence contractor BAE Systems for pushing up the price of the £5.2bn programme.“We are paying twice as much as we should to get half the capability,” he said. Lord Hesketh added the contract was a “Looney Tunes” operation that was “about to turn into a classic British disaster”.Babcock, which is part of the consortium building the two £3bn carriers, immediately distanced itself from Lord Hesketh’s comments, issuing a statement at the start of trading on the London stock exchange describing the comments as “personal” adding that they “do not in any respect reflect the views of the company”.However, the statement did little to calm investors with Babcock’s share price falling 5.5p to close at 571.5p. By mid-afternoon Babcock had issued a statement to the stock market saying Lord Hesketh had resigned from the board with immediate effect. Babcock chairman Mike Turner, who was a combative BAE chief executive for six years until 2008, said: “Lord Hesketh has been a long-standing and valued member of the Babcock board, and over this period has made a significant contribution to the development of the group. We thank him for his contribution and wish him well.”Under last month’s strategic defence review, the UK’s fleet of Harrier jump jets will be decommissioned next year. As a result one aircraft carrier currently being built by Babcock will never carry fighter jets and will only be operational for three years. The other aircraft carrier will only become fully operational in 2020, when it receives a fleet of fighter jets from BAE. TIME LINE | BABCOCK8/11/2010 – 07.30amLord Hesketh’s comments about the aircraft carriers are published.8/11/2010 – 08.00amBabcock issues statement distancing itself from Lord Hesketh’s comments.8/11/2010 – 09.00amBabcock shares edge down 5.5p to 571.5p.8/11/2010 – 02.11pmBabcock issues statement that Lord Hesketh has resigned from the board with immediate effect. whatsapp Tags: NULLlast_img read more

CITY VIEWS: HAVE YOU USED A BORIS BIKE?

first_img MUKESH PATEL | KING WILLIAM NEWS“I have never used a Boris bike and I wouldn’t use one, not in the City of London. There are too many idiots on the roads. It’s just not safe, people drive with their eyes shut.”STEVE FARELY | BSKYB“Yes I use them maybe once a week. I’m not risking my own bike getting stolen I don’t have to carry lots around and there’s nowhere to safely lock your bike up. I think they’re a great idea.”DJILALI MOHA | QUICK“I have never used one but I might do. I don’t know exactly how it works and for the moment I just use the train. It might be nice to use one at the weekend but generally I prefer to walk.” whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content whatsapp Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com CITY VIEWS: HAVE YOU USED A BORIS BIKE? Monday 29 November 2010 8:59 pm Tags: NULLlast_img read more

Mixed US data damps recovery hopes

first_img alison.lock Mixed US data damps recovery hopes whatsapp Show Comments ▼ Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Share whatsapp Friday 3 December 2010 9:02 am US EMPLOYMENT increased far less than expected in November and the jobless rate jumped to a seven-month high of 9.8 per cent, dampening hopes for a self-sustaining economic recovery.Nonfarm payrolls rose 39,000, with private hiring gaining only 50,000, the Labor Department said. However, overall employment for September and October was revised to show 38,000 more jobs than previously estimated.Economists had expected payrolls to increase 140,000 last month and the unemployment rate to be unchanged at 9.6 per cent.A raft of recent data, including retail sales, had raised optimism the economy was accelerating after hitting a soft patch in the summer.The unemployment rate bumped up in November as some discouraged workers probably rejoined the labour force. The separate household survey also showed a decline in employment.The weak employment rate will embolden the Federal Reserve to fully implement its controversial $600bn (£385bn) programme to buy long-term government debt. The purchases are designed to push already low interest rates down further to stimulate demand.Concerns about joblessness and low inflation led to the US central bank’s decision last month to launch its now much-criticised second round of quantitative easing, known as QE2 in financial markets.Employment in November was weak across the board, with government payrolls contracting as local authorities continue to struggle with budget problems.Employment in the goods-producing sector fell 15,000, weighed down by manufacturing payrolls which fell 13,000 and construction shedding 5,000 jobs. Employment in the private service-providing sector rose 65,000 in November, though retail hiring fell a surprising 28,100 despite expectations of a busy holiday season.The workweek was steady at 34.3 hours in November and average hourly earnings edged up one cent. Tags: NULLlast_img read more

CITY VIEWS: ARE OVERDRAFT CHARGES TOO HIGH?

first_imgTuesday 7 December 2010 8:39 pm KCS-content Share MARK GIRARDOT | HOWDENYes, the rates are too high; it’s daylight robbery. It’s just wrong. It’s unethical. I don’t see how they could be in such dire financial straits that they need to do this, since they have just paid some very large bonuses to their employees.”GRAHAM NISBET | LLOYDS BANKING GROUPI think there has been some difficulty here, but the banks have spent a lot of time reviewing charges and trying to make them fairer. People do have a responsibility to manage their money. It costs the banks a lot of money to process overdrafts.RYAN GALLAGHER | AVIVAI think they are a bit over the top. The charges must well exceed thecosts of administering them, and it’s a bit unfair. I don’t thinkthey’re doing this just because they’re in financial trouble. I think they’re trying to make more profit. CITY VIEWS: ARE OVERDRAFT CHARGES TOO HIGH? Show Comments ▼ whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof whatsapp Tags: NULLlast_img read more

Factory gate inflation eases

first_img Tags: NULL British factory gate inflation slowed unexpectedly in November after petrol prices rose less quickly than the same time a year ago, official data showed.The Office for National Statistics said annual producer output price inflation slowed to 3.9 per cent in November from 4.0 per cent in October, confounding forecasts for a pick-up to 4.1 per cent.No input price data was available, however. The ONS said it was delaying the publication of these figures until 13 December due to “potential errors”.Nonetheless, Friday’s data should provide some reassurance to the Bank of England that pipeline inflationary pressures are easing even though a rise in VAT next year is likely to keep consumer price inflation well above the Bank’s two per cent target.“It could be a sign that factory gate inflation is past its peak, which would at least be helpful for goods price inflation at the CPI level if that trend were to be maintained,” said Philip Shaw, John Dunne Factory gate inflation eases Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Share Friday 10 December 2010 6:41 am whatsapplast_img read more