The Bank of England’s governor has warned the cabinet that a chaotic no-deal Brexit could crash house prices and send another financial shock through the economy. Mark Carney met senior ministers on Thursday to discuss the risks of a disorderly exit from the EU. His worst-case scenario was that house prices could fall as much …
Image copyright Getty Images Image caption Chelsea signed keeper Kepa Arrizabalaga from Athletic Bilbao for a reported £71.6m Global spending on players during the summer transfer window hit a record $5.44bn (£4.16bn), according to Fifa. Some 182 of the 211 Fifa member associations had their registration period open during June to September. Clubs from the …
Image copyright Getty Images Image caption Spain has now seen five years of economic growth, but still has the eurozone’s second-highest unemployment rate after Greece Ten years on from the crisis in the depths of the American banking system that triggered a global economic shock the real question is this – should we be looking …
Image copyright Getty Images The US President Donald Trump said Washington is under “no pressure” to achieve a trade deal with China as the prospect of new tariffs loom. The comments come amid reports the two sides could resume talks to stave off a third round of US tariffs. China welcomed the offer of talks …
The Church of England has said it will keep its shares in Amazon – a day after the Archbishop of Canterbury said the firm was “leeching off the taxpayer”. The Church Times has revealed Amazon was among the 20 biggest global investments by the Church last year. A statement from the CofE said it considered …
Natalia Rogoff lost her “dream job” when Lehman Brothers went bust, she then set up a pasta business. Source by [author_name]
Image copyright Sally Hunter Image caption Sally Hunter joined an online dating service after deciding “life couldn’t get worse” and met her future husband, Mark How would you cope if an international financial crisis turned your life upside down? Could you handle a drop in income or losing your home? Or would you rise to …
Image copyright Getty Images Image caption The city of Naples stretches towards the imposing volcano Vesuvius As tech giants Apple and Cisco set up academies in Naples, the city’s tech entrepreneurs are hoping new investment will revitalise southern Italy’s failing economy. Naples is a city with a reputation: it has pizza, its very own mafia …
The BBC’s Aaron Heslehurst explains how sunglasses became a million dollar idea. Source by [author_name]
Image copyright Getty Images Volkswagen is ending production of its iconic Beetle, closing the door on one of the world’s most famous car brands. The German company said output would end at its plant in Mexico next July after production of celebration models. The Beetle has its roots in Nazi Germany with the creation of …