Tullow Oil may make writedowns as it moves away from exploration and focuses on East Africa projects November 12, 2014 Tullow Oil has announced plans to tighten expenditure next year, and it warned investors that it may make a series of writedowns, amid tumbling global oil prices. The oil and gas producer said it will shift its focus away from exploration and towards maximising core assets. It will be looking at the potential of existing [...]
UK unemployment sticks at 6 per cent – as wage growth finally rises above inflation November 12, 2014 UK unemployment remained flat at six per cent in the three months to September, slightly missing analyst expectations, official statistics published this morning showed. In total there were 30.79m people in work, according to the Office for National Statistics (ONS). This was 112,000 more than for April to June 2014 and 694,000 more than for a year [...]
Tullow Oil may make write downs as it moves away from exploration and focuses on East Africa projects November 12, 2014 Tullow Oil has announced plans to tighten expenditure next year, and it warned investors that it may make a series of writedowns, amid tumbling global oil prices. The oil and gas producer said it will shift its focus away from exploration and towards maximising core assets. In particular, it will looking at the potential of [...]
Tullow Oil may make write downs as it moves away from exploration and focuses on East Africa projects November 12, 2014 Tullow Oil has announced plans to tighten expenditure next year, and it warned investors that it may make a series of writedowns, amid tumbling global oil prices. The oil and gas producer said it will shift its focus away from exploration and towards maximising core assets. In particular, it will looking at the potential of [...]
Tullow Oil may make write downs as it moves away from exploration and focuses on East Africa projects November 12, 2014 Tullow Oil has announced plans to tighten expenditure next year, and it warned investors that it may make a series of writedowns, amid tumbling global oil prices. The oil and gas producer said it will shift its focus away from exploration and towards maximising core assets. In particular, it will looking at the potential of [...]
UK Unemployment November 11, 2014 Data released by the Office for National Statistics (ONS) shows that the UK unemployment rate fell to [5.9] per cent in the three months to September and down [0.1] per cent from the previous quarter. During the quarter, [XX] per cent of working age people were employed and this was up from [XX] percent a [...]
Who are Europe’s best paid bank CEOs? Four UK banks HSBC, Lloyds and RBS and Standard Chartered made the ranking November 11, 2014 Given the boardroom battles that have taken place over recent years, it's hardly surprising – but a new ranking of last year's 15 best-paid European bank bosses shows UK bankers are among the most highly-paid in Europe. British banks HSBC and Lloyds Banking Group took second and third places in the ranking, compiled by business [...]
Financier divorce could lead to Britain’s biggest ever pay out: Here are some of the U.K.’s largest divorce settlements to-date November 11, 2014 Hedge fund founder divorce could lead to Britain's biggest payout: here are some of the U.K.'s largest divorce settlements to-date For the super wealthy it pays to divorce in London. This is because divorce judgements handed down in British courts traditionally favour the less wealthy partner. One case that's currently in the British courts is [...]
Brits are on track to spend the most since 2010 November 10, 2014 UK consumer spending could be about to hit a four-year high as Brits splash cash in hotels, bars, restaurants over high street shops, according to a new study. Visa Europe's UK Expenditure Index, which crunches card spending, said household expenditure rose by 1.5 percent in October. This offset September's blip, which saw spending fall 0.5 [...]
GoPro share price suffers as it files for $800m share issue November 10, 2014 Shares in GoPro, the brand famed for its shock-proof video cameras favoured by sport fanantics, dropped in pre-market trading in New York after the company filed for the sale of $800m of shares. The share issuance would be for "general corporate purposes, including working capital" according to an SEC filing. It added that the [...]
