Nissan says Ghosn received $9m in improper payments

Nissan says Ghosn received $9m in improper payments

18 January 2019 Image copyright Getty Images Nissan and Mitsubishi have said Carlos Ghosn received "improper payments" totalling €7.8m ($8.9m; £6.9m) from a joint venture between the carmakers. The claim follows a joint investigation by the companies into misconduct carried out by Mr...

Unemployment in UK is the lowest in 20 years

Unemployment in UK is the lowest in 20 years

The increase in wage growth is a positive sign, and with the number of people without job per job vacancy also falling in recent months, economic theory would suggest that pressures on wages in future will be upwards. However recent history has showed that reality can challenge economic models says...

Reality Check: Has immigration hit wages?

Reality Check: Has immigration hit wages?

By Reality Check team BBC News 18 January 2019 Related TopicsReality Check The claim: Immigration has held down wages in the UK.Reality Check verdict: Current research suggests there was a small, negative impact on the wages of low-skilled workers, which was outweighed by other factors such as the...

Brexit: Liam Fox yet to seal no-deal trade agreements

Brexit: Liam Fox yet to seal no-deal trade agreements

18 January 2019 comments Related TopicsBrexit Image copyright Reuters The UK has yet to finalise agreements to replace existing free trade deals the EU has with 40 big economies if there is a no-deal Brexit.International Trade Secretary Liam Fox said he "hoped" they would but it depended on...

Import prices in US recorded their biggest increase in seven months

Import prices in US recorded their biggest increase in seven months

US import prices increased 0.6 percent month-over-month in August of 2017, recovering from a downwardly revised 0.1 percent drop in July and above market expectations of 0.4 percent. It was the first gain in import prices since April and the largest since January as cost increased the most for...

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...