first_img whatsapp HOME Retail Group said yesterday it planned to shut a quarter of Home­base’s 323 branches, blaming excess retail space and the rise of a generation that had fallen out of love with DIY. Chief executive John Walden said the rise of online and growing competition had left the DIY market “over-spaced” while an increasing number of younger “time-starved” people threatened to derail the sector. “As a nation, we are becoming less adept at DIY,” he said. Around 80 stores will shut by 2018, part of a three-year turnaround plan that will see it introduce more Argos and Habitat concessions, sharpen prices and retrain staff.The move could re­sult in 2,000 job losses, but Wald­en insisted it would “work hard” to find new jobs for its staff and intended create more jobs across the business overall.Home Retail posted a 13 per cent rise in underlying profit to £30.9m in the six months to 30 August, with sales up three per cent to £2.7bn. Sales at Argos stores open over a year increased by 2.9 per cent and by 4.1 per cent at Homebase.The company has been transforming its 747-store Argos business from a catalogue chain to a digitally-led busi­ness, targeting more sales from mobile phones and revamping its stores with iPads for browsing and faster check-outs.Around 50 stores will be converted to its new digital format ahead of Christ­mas, the group said. Home Retail is investing £300m in Argos as part of a five-year plan that is targeting a 15 per cent rise in revenue to £4.5bn by 2018. Show Comments ▼ Tags: NULL Kasmira Jefford Wednesday 22 October 2014 8:35 pm Sharecenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.Elvenar Homebase set to close one in four of its shops whatsapplast_img read more

first_imgMonday 27 October 2014 9:20 am Tags: Dave Lewis employment and wages People UK jobs Share whatsapp whatsapp center_img Show Comments ▼ Tesco’s falling share price eats away at Dave Lewis and Alan Stewart’s bonuses Catherine Neilan Here’s another reason for Dave Lewis to be concerned about Tesco’s tumbling share price – it’s already cost him around a quarter of the bonus accrued at his previous employer Unilever.  Tesco bought out awards that both Lewis and new chief financial officer  Alan Stewart forfeited from leaving their previous employment, which in the case of Lewis was Unilever while for Stewart it was Marks & Spencer. The two men started at Tesco earlier than contracted because of the problems emerging at the troubled supermarket.  Lewis has been granted around 1.66m Tesco shares, which will vest annually over three years from next February.  The average market price for the four dealing days after Lewis joined on 1 September meant they were worth 230.36p when he joined – around £3.8m – but in today’s money are worth more like £2.8m.  Meanwhile Stewart, who joined after the profits overstatement had been discovered, received 882,000 shares initially priced at 191.69p each, equivalent to £1.7m. His package is now worth £1.4m, though it will be boosted by a further award next summer to reflect the bonus he would have received for the 2014/15 financial year. Tesco’s share price was down 0.5 per cent at pixel time to 168p, though it had fallen as far as 166p in mid-morning trading.  A statement issued to the market today said: The remuneration committee believes that these awards fairly reflect the awards the Directors forfeited on leaving their previous employment in terms of value and timescale of vesting. last_img read more

first_img Show Comments ▼ RBS shares opened almost 3.5 per cent higher as it reported a huge jump in profits in the third quarter, raising the possibility that the government’s 80 per cent share in the bank could be sold sooner than expected.Profit before tax for the three months to the end of September came in at £1.27bn, up from £1bn in quarter two and a loss of £634m for the third quarter last year. However, the bank added it had set aside £400m to cover “potential costs following investigations into the foreign exchange market”. It has also put aside another £100m for PPI compensation, after complaints rose more than expected during the third quarter.The bank has been benefiting from the continued recoveries of both the UK and Ireland, but it indicated it expects that effect to “moderate” in the mid-term.RBS has been trying to restructure, reduce cost, and place more focus on its British retail operations.Ross McEwan, chief executive, said:In February I placed trust at the heart of my new strategy for our bank. We have taken the first steps towards that goal, with early progress in making RBS simpler, clearer and fairer.We are reducing costs, and are on track to achieve our capital targets.UK and Ireland are showing signs of growth, and impairment trends are significantly better than we had anticipated at the start of the year.RBS has been one of the better performers this year, outperforming rivals in the stock market.  Billy Ehrenberg whatsapp Friday 31 October 2014 3:27 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comYahoo! SearchResearch Car Donation For CharitiesYahoo! SearchThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun whatsapp RBS share price: Investors not spooked as it sets aside £400m for forex probe Tags: Company Forex rate-rigging scandal Royal Bank of Scotland Group Sharelast_img read more

first_imgThursday 11 December 2014 9:06 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveHero WarsThis game will keep you up all night!Hero WarsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Chris PapadopoullosChris Papadopoullos was City A.M.’s economics reporter until February 2016. He is an economist at OMFIF. whatsapp Show Comments ▼center_img Share The central Bank of Russia yesterday raised interest rates to 10.5 per cent from 9.5 per cent in a bid to strengthen the plummeting rouble and reduce inflation which currently stands at 9.4 per cent. The move contrasts with Norway, which cut rates to 1.25 per cent yesterday from 1.5 per cent.Both nations have been hit by falling oil prices. While Russia is more concerned on the impact on inflation and the exchange rate, Norway is more concerned with economic growth.Due to Norway’s large oil export business, its central bank downgraded 2015 growth to 1.5 per cent from 2.25 per cent.Meanwhile, year-on-year inflation in Sweden dropped to minus 0.2 per cent in November from minus 0.1 per cent. Falling oil prices may lower inflation further. The Swedish central bank has held rates at zero since the end of October. whatsapp Russia and Norway take different paths on interest rates as oil price tanks Tags: Oil priceslast_img read more

first_img Tags: NULL Discovery Communications named as bidder in Premier League auction Show Comments ▼ US MEDIA group Discovery Communications has been named as another possible player, along with Sky and BT, eyeing up a bid in the ongoing multi-billion pound auction to screen Premier League football.Last month the Premier League announced it had opened up bidding for seven packages of live broadcasting rights (totalling 168 matches) as well as a free-to-air highlights package spanning the 2016-17 to 2018-19 football seasons.Both BT and Sky have confirmed they will bid in the auction, with BT looking to use sport to add broadband customers and Sky protecting its pay-TV business, in which prices are expected to rise at least 20 per cent from the £3bn paid in 2012 by the two firms.Discovery recently acquired majority control of Eurosport and is increasingly playing a role in European sports auctions. In June it made a failed bid for the rights to Italy’s Serie A football matches.“While this might suggest greater price inflation, it may not be as negative for Sky as it first looks, although Discovery’s close links with Liberty Global (the owner of Virgin Media) do suggest some risk to Sky,” said Liberum analyst Ian Whittaker, adding that Discovery could offer Virgin Media favourable terms to broadcast the games. Discovery declined to comment on whether it will bid. whatsapp Express KCS Thursday 22 January 2015 9:15 pm Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapplast_img read more

first_img Express KCS whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online Game Tuesday 27 January 2015 8:49 pm REVENUE at PZ Cussons tumbled 10.4 per cent to £387m in the six months to 30 November 2014, compared to the year before.Falling revenue had an adverse effect on pre-tax profits which were down 7.9 per cent in the same period to £40m.Revenues were particularly hit by the firm’s exposure to Nigeria which has suffered from high levels of disruption during the period caused by unrest in the north of the country as well as a weakening of the Naira.The company raised its dividend 3.2 per cent to 2.6p per share after basic earnings per share saw a two per cent fall during the period.Chairman Richard Harvey said: “These are good results in what have been difficult markets.”“The macro environment in Nigeria for the remainder of the financial year will be a key factor to the overall result for the full year.”The company said its sales performance reflects the loss of contribution of £34m in revenue and £3.4m in operating profit from prior year disposals. Adjusting for acquisitions, disposals and the negative exchange impact from translation, revenue growth came in at 1.5 per cent.The firm incurred exceptional costs of £4m in the period. Share Nigerian instability weighs on sales at soap-maker PZ Cussons center_img Show Comments ▼ whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tags: NULLlast_img read more

first_imgMonday 23 March 2015 1:03 am Express KCS ASIAN cities are rapidly growing in importance as global financial centres as Hong Kong, Singapore and Seoul narrow the gap with their Western competitors, a new report shows. Eleven of the top 12 Asia and Asia-Pacific centres saw a rise in their ratings in the latest Global Financial Centres Index (GFCI) published today with Hong Kong – up two points – maintaining its place as the world’s third top financial centre.Busan in Korea was the biggest riser after gaining 11 points, followed by Shenzhen in China and Taipei in Taiwan, each gaining nine points.New York maintained its position as the world’s leading financial centre for the second year in a row though only by one point, with London hot on its heels. Both cities gained seven points in the ranking. Singapore, up eight points, remained in fourth place followed by Tokyo, Zurich and Seoul. All three cities moved up one place in the rankings after San Francisco lost some of the gains it made last year thanks to its status as a fintech hub. Among the areas of competitiveness tracked by the GFCI, London came top for financial sector development and infrastructure while New York leads in terms of reputation, business environment and its ability to attract talent.TOP FINANCIAL CENTRES1 New York2 London3 Hong Kong 4 Singapore5 Tokyo 6 Zurich 7 Seoul8 San Francisco 9 Chicago 10 Boston Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofBest Wine Gifts & Wine Accessories at Every PriceGayotCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Show Comments ▼ Sharecenter_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndoTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallUndoMoney PopJackie Kennedy’s Granddaughter Is A BillionaireMoney PopUndo whatsapp whatsapp Asia cities gain ground as top financial centres Tags: NULLlast_img read more

first_img Show Comments ▼ General Election 2015: Tory campaign wins out with voters Wednesday 8 April 2015 7:23 am Despite the relentless stream of negative ads, posters and dodgy stats the voters appear to be more receptive to the major parties’ campaigns than are the pundits.As we lurch through the second week of the campaign, a new YouGov poll heralds good news for the Tories’ election guru Lynton Crosby. The Conservative Party’s campaign is seen to be performing best, according to voters. The poll conducted for the Times Red Box showed the Tories scoring a net positive rating of 13 per cent up from a net of four per cent In February. Labour achieved a net rating of four per cent.While the Labour campaign may be lagging behind the Tories, they made the largest gain of any party soaring from a net negative rating of minus 30 to cross over into positive territory.Last week, the nation was treated to the only TV debate of the campaign that featured Ed Miliband and David Cameron on the same stage. Neither of the main national parties enjoyed a lift in the polls following the contest, but the SNP’s Nicola Sturgeon was widely credited with putting in a good performance.Labour and the Conservatives traded blows in the papers enlisting business backers to speak out supporting their economic plans. Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Expresscenter_img whatsapp Jeff Misenti Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Tags: General Election 2015last_img read more

first_img London Marathon 2015 interactive: Is this the best place to run a fast time? The London Marathon is a special event on the 26-mile racing calendar, and not just because of the iconic city the route takes in.It is also the best place to run a fast time, according to the data, with more of the fastest 2,500 men’s and 2,500 women’s times being run here than any other city. For women, almost 10 per cent of those times (249) were run in London, while for the men the figure is a still impressive 198 (7.9 per cent).Second placed for men is Osaka, while for women it is Rotterdam. Of the 19 venues on both lists, 11 appear twice. Notably Osaka (2nd for men) doesn’t appear on the women’s list at all.So why is London fast? The course avoids the big hills, as seen in places like Boston, and the blistering heat of other venues, or the wind often found in Chicago. It isn’t perfect (we all know English weather), but it seems to have become the goldilocks course for both men and women, where the conditions are most likely to be just right.If you’re reading this on desktop you can explore the data using the interactive below, which also shows Paula Radcliffe’s times. Hover over any dot to see who ran that time, when, and where. Click on the prompts to highlight times run in London, or Paula’s times. Share Billy Ehrenberg  All data from all-timeathletics.com, updated 19 April 2015. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal Past whatsapp whatsapp Saturday 25 April 2015 6:49 am Tags: NULLlast_img read more

first_img whatsapp Eurozone inflation rose to zero in April Jessica Morris Eurozone inflation rose to zero in April, ending a fourth-month stretch of price declines across the euro area.A flash estimate from official statistics agency Eurostat showed that Eurozone annual inflation was flat in April, having risen to -0.1 per cent a month earlier. It’s up considerably from a low of -0.6 in January. The biggest drivers were price increases in food and tobacco, as well as services which both rose by 0.9 per cent. Energy prices continued to lag, declining 5.8 per cent, but this was still less than a six per cent slide in March.Meanwhile the core rate of inflation, which strips out more volatile sectors such as food and energy costs, remained unchanged at 0.6 per cent. However inflation still remains well below the European Central Bank’s target of just under two per cent, a benchmark it failed to reach for the past two years. And economists have continued to warn that there is still much to be done.”Just in the same way that a small negative reading does not on its own presage a broader deflationary spiral, a flat print is far from a sufficient reason to pop the champagne corks,” Timo del Carpio, European Economist, RBC Capital Markets, said.”There are still real risks associated with a prolonged period of low-but-positive inflation rates across the euro area.”Inflation had tumbled amid the global oil price rout, which has seen oil prices slide from around $115 per (£75) barrel in June last year, to trade at about $65 per barrel today.This prompted the European Central Bank to fight back by unleashing its large scale bond-buying programme, first announced in March. It’ll see €1trn (£720bn) pumped into the euro area every month until September 2016.It followed other measures to boost lending in the Eurozone such as cutting the main interest rate to 0.05 per cent, and its deposit rate to – 0.2 per cent.Some commentators have suggested that, amid a flush of brighter data, the European Central Bank could scale down its efforts sooner than expected.However, President Mario Draghi has repeatedly stressed he isn’t looking to end the programme early. whatsapp Show Comments ▼ Share Tags: Eurozone Eurozone inflation Thursday 30 April 2015 5:17 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyTotal Battle – Tactical Game OnlineThe Most Addictive Strategy Game of 2021Total Battle – Tactical Game Onlinelast_img read more