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  • Oil prices stabilise after Iran deal, Asian shares steady

    November 25, 2013 11:55 PM 27

    TOKYO (Reuters) - Oil prices stabilised on Tuesday after the previous session's slide as traders questioned how quickly the Iranian nuclear accord could translate into higher supplies, while Asian shares got off to a cautious start. The yen regained some poise following Monday's steep decline to a six-month low against the dollar and a four-year trough

  • The £150 house: Farmer builds a cosy cob home using materials he recycled from skips... and the tenant pays the rent in MILK

    November 25, 2013 5:35 PM 40

    A farmer has built a house for just £150 using an ancient building technique and materials he found in skips. Michael Buck, 59, used only natural materials or unwanted items to build the 'cob house' at the bottom of his garden in the Oxfordshire countryside. The former art teacher, now a rural smallholder near Oxford, has started renting out the property

  • FCA investigates price-comparison websites

    November 25, 2013 3:41 PM 45

    LONDON (Reuters) - The Financial Conduct Authority (FCA) is investigating whether people are being duped into buying inappropriate insurance policies by price-comparison websites. Sites such as Gocompare.com, part-owned by insurer Esure, and Moneysupermarket.com have come to dominate personal finance in Britain. Though the FCA supports the concept behind

  • Help to Buy: £170m scheme to help new house buyers

    November 25, 2013 2:45 PM 49

    Details of a £170m scheme to boost the housing market have been released by the Welsh government. From January, buyers of new build homes under £300,000 will able to apply for a loan to help with the cost. Help to Buy Wales mirrors a similar scheme that has been operating in England since April. But there are concerns that it could lead to inflated house

  • Edinburgh Woollen Mill profits rise after Peacocks deal

    November 25, 2013 11:11 AM 15

    Langholm-based clothing retailer Edinburgh Woollen Mill has seen its profits rise sharply after buying the Peacocks chain out of administration. Latest accounts for the year ending March 2013 show turnover up by more than 130% to £566.7m. Operating profit has risen to £58.5m compared with £20.6m the previous year. Steve Simpson, group commercial director

  • Oil prices fall after Iran agrees nuclear deal

    November 25, 2013 9:55 AM 30

    Oil prices have fallen after Iran agreed a deal to curb some of its nuclear activities in return for easing of international sanctions against it. Iran holds the world's fourth-largest oil reserves but its exports have been hurt by the tough sanctions. Though Iran will not be allowed to increase its oil sales for six months, the deal has eased tensions

  • Walk 11 miles a shift and pick up an order every 33 seconds: Revealed, how Amazon works staff 'to the bone'

    November 25, 2013 9:20 AM 21

    Internet giant Amazon works its warehouse staff ‘to the bone’ in long and relentless shifts, a former employee claimed yesterday. Graduate Adam Littler, 23, said he walked up to 11 miles as he worked 10-and-a-half hour night shifts inside the online retailer’s giant distribution centre in Swansea. He was expected to collect a customer order every 33 seconds

  • UK shoppers to spend 1.4 billion pounds more this Christmas - report

    November 25, 2013 9:01 AM 26

    LONDON (Reuters) - Britain's retailers can expect a big uplift in online Christmas shopping to help lift overall spending by 1.4 billion pounds ($2.26 billion) this December, according to research published on Monday, with an increasing emphasis on flexible delivery. Research by Deloitte forecasts that December's online sales will rise 19 percent to 5 billion

  • Malton flood defences proved to be 'robust'

    November 25, 2013 6:29 AM 20

    A review into serious flooding in parts of North Yorkshire in November 2012 has said flood defences proved "robust". Flooding in Malton, Norton and Old Malton was caused by surface and ground water combined with high river levels. That combination overwhelmed drainage and sewerage systems in the area, the review says. North Yorkshire County council said some properties

  • Northern Ireland house sales on the increase

    November 25, 2013 6:03 AM 35

    House sales in Northern Ireland increased by more than 20% between the second and third quarters of this year, the University of Ulster (UU) has said. The figures were revealed in the latest University of Ulster quarterly house price index. Another report by the Stormont statistics agency, Nisra, put the quarterly rise at 7%. This represents the highest