Whitbread to spin off Costa chain as a separate firm

Whitbread to spin off Costa chain as a separate firm

By Bill Wilson Business reporter, BBC News 25 April 2018 comments Image copyright WHITBREAD Whitbread is to split off Costa, the UK's biggest coffee chain, as a separate firm, after activist pressure.The demerger will be "pursued as fast as practical and appropriate" to optimise value for...

What does the election of Donald Trump mean for the U.S. stock market

What does the election of Donald Trump mean for the U.S. stock market

"Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the...

Airbus and Dassault join forces to build next fighter aircraft

Airbus and Dassault join forces to build next fighter aircraft

25 April 2018 Image copyright Getty Images Image caption The new aircraft will eventually replace the Eurofighter Rivals Airbus and Dassault Aviation have struck a deal to develop and produce Europe's next generation of fighter aircraft.Franco-German Airbus is part of the consortium behind...

TSB admits its internet banking woes are not over

TSB admits its internet banking woes are not over

By Simon Read Personal finance reporter 25 April 2018 Image copyright Getty Images After six days of being locked out of their internet accounts, only half of TSB customers can now access them.The bank has admitted that its internet bank is operating at only 50% capacity, although its mobile app...

Subprime borrowers could not withstand the higher interest rates

Subprime borrowers could not withstand the higher interest rates

The trouble started when the interest rates started rising and home ownership reached a saturation point. From June 30, 2004, onward, the Fed started raising rates so much that by June 2006, the Federal funds rate had reached 5.25% states Alan Green, senior analyst at Molton Wealth believes...

Bookmakers' shares hit by tougher wager limit fears

Bookmakers' shares hit by tougher wager limit fears

24 April 2018 Image copyright PA Shares in betting companies fell on Tuesday on suggestions that the Treasury will back limiting the maximum stake on fixed-odds betting terminals.Reports indicate that the chancellor is willing to reduce the highest amount people can bet from £100 a spin to...