Sky News faces uncertain future after Disney-Fox deal

Sky News faces uncertain future after Disney-Fox deal

Image copyright Getty Images Walt Disney’s agreement to buy most of 21st Century Fox’s business for $52.4bn (£39bn) has raised further questions about the Sky News channel’s future. Before news of the deal, Rupert Murdoch’s Fox had been trying to buy the 61% of satellite broadcaster Sky that it does not yet own. That attempt […]

Cash controversy: The High Streets with too many ATMs

Cash controversy: The High Streets with too many ATMs

Shoppers in Gallowtree Gate, in the centre of Leicester, should never find themselves short of cash. Within a five minute walk they can find no fewer than 68 cash machines, or Automated Teller Machines (ATMs) as they are more properly known. Including machines inside the banks themselves, there are 41 within a minute of each […]

Debate over property tax ‘welcome’

Debate over property tax ‘welcome’

Image copyright PA The abolition of stamp duty for many first-time buyers should spark a wider debate over the taxation of property, surveyors say. New buyers purchasing a home of up to £300,000 no longer have to pay stamp duty owing to changes made in last month’s Budget. The Royal Institution of Chartered Surveyors (RICS) […]

US Federal Reserve raises interest rates again

US Federal Reserve raises interest rates again

Image copyright AFP/Getty Image caption Federal Reserve Chairman Janet Yellen has raised interest rates three times this year The US Federal Reserve has raised interest rates by 0.25%, the third rate rise in 2017. The US central bank said the move, which was widely expected, underscores “solid” gains in the US economy. Officials also boosted […]

Disney set to seal $60bn 21st Century Fox takeover

Disney set to seal $60bn 21st Century Fox takeover

Image copyright Getty Images Image caption Rupert Murdoch with his third wife, Jerry Hall Walt Disney is close to confirming a deal to buy 21st Century Fox’s entertainment assets for about $60bn, reports say. The sale would include the 20th Century Fox film studio and the Sky and Star satellite broadcasters in the UK, Europe […]

‘I was saved from a £10,000 car scam’

‘I was saved from a £10,000 car scam’

Image copyright Getty Images Seventy-two-year-old Barry Fox is one of hundreds of people saved from scams after bank staff stopped him spending £10,000 on a fictitious Rolls Royce. The retired lorry driver went into his Barclays branch intending to withdraw the cash to pay for the luxury car he saw on an internet auction site. […]

Brent price jumps on pipeline closure

Brent price jumps on pipeline closure

Image copyright Mat Fascione Image caption The oil is transported to the Kinneil terminal at Grangemouth where it is processed and stabilised One of the UK’s most important oil pipelines is being closed after a crack was discovered in Aberdeenshire. The Forties pipeline carries crude North Sea oil across land for processing at Grangemouth. The […]

Mortgage safety net ‘disappearing’

Mortgage safety net ‘disappearing’

Image copyright PA Ministers should consider strengthening the safety net for homeowners struggling to pay their mortgage, a report suggests. Help for this group introduced in response to the financial crisis will be largely withdrawn by 2022. Academics, commissioned by lenders’ trade body UK Finance, said the government should review its position. However, mortgage applicants […]

Bitcoin rises on futures trading debut on major US exchange

Bitcoin rises on futures trading debut on major US exchange

Image copyright Getty Images Bitcoin has begun trading on a major exchange for the first time in what is being regarded as a step towards legitimising the digital currency. Trading opened at 23:00 GMT Sunday on the Cboe Futures Exchange in Chicago, valuing Bitcoin at $15,000. The currency’s futures were volatile for the first 20 […]

Inflation tracker: Will you feel the pinch this Christmas?

Inflation tracker: Will you feel the pinch this Christmas?

Image copyright Getty Images Image caption The cost of Christmas: Some seasonal favourites have gone up in price since last year From boxes of chocolates to mince pies and even Brussels sprouts, Christmas wouldn’t be Christmas without a table piled high with food. But the price of the festive grocery shop has spiralled this year, […]

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