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  • Two new Co-op stores create 35 jobs

    July 19, 2017 1:50 PM 30

    "We are pleased to continue our ongoing store investment programme in the Greater Manchester area." The Co-op is set to serve-up two new food stores in Greater Manchester following a £1m investment creating up to 35 new jobs. The new stores – located in Palatine Road, Northenden and, Talbot Road, Hyde – both launch on July 27 July, with a funding boost

  • BBC reveals salaries of its top-paid stars

    July 19, 2017 1:00 PM 36

    The government have forced the BBC's chiefs to disclose the pay packets of their highest-earning stars - the figures are being revealed this morning There could be embarrassment for the presenters of the BBC’s flagship Radio 4 programme, Today. John Humphrys earns between £600,000 and £649,000, for the morning news programme and other work, including

  • Credit and debit card surcharges to be banned

    July 18, 2017 11:01 PM 31

    Consumers are no longer to be charged extra for paying by debit or credit card, the government has said. From January next year, businesses will not be allowed to add any surcharges for card payments. The worst offenders currently are airlines and food delivery apps, and small businesses which typically add a fee for cards. In 2010 alone consumers spent

  • Vue cinemas woos ex ITV boss Adam Crozier ahead of either a mega-sale or a stock market flotation

    July 18, 2017 9:06 PM 10

    Former ITV boss Adam Crozier could be about to switch from the small screen to the big screen amid claims he could become chairman of Vue International. The 53-year-old has reportedly been approached by the cinema chain, which is considering a mega-sale or stock market flotation. Crozier, who led ITV for seven years as chief executive, is seen as having

  • Beware new limit on pension saving: Over-55s already taking cash out can now put only £4,000 a year back in

    July 18, 2017 9:01 PM 12

    Controversial new rules will restrict the amount people can pay into their pension after they have started taking withdrawals. Over-55s who are already taking taxable money from their pension can now put only £4,000 a year back in, down from £10,000 last year. The change will affect around 3 per cent of over-55s, and is aimed at preventing people receiving

  • My husband died and I have £100k from his pensions

    July 18, 2017 6:34 AM 42

    My husband died recently before taking his pension and under the new rules I get very little, which is disgusting considering he was a 40 per cent tax payer all his life and didn’t claim a single benefit. Anyway, while investigating my options, by chance I discovered that I am no longer entitled to the full state pension myself, as the number of qualifying

  • Phoenix Asset Management increases stake in toymaker Hornby to 71.5% as it continues push for takeover

    July 17, 2017 9:48 PM 16

    An investment fund that is trying to buy Hornby increased its stake in the Kent-based toymaker. Phoenix Asset Management, which made an offer last month, has built up a 71.5pc stake in the firm. Phoenix previously held 55 per cent of Hornby but made a £27.4 million offer in June for the rest of the company, which makes Airfix and Scalextric. Hornby said the bid ‘significantly

  • French bank BNP Paribas is stung by a £188m fine over currency trading scandal

    July 17, 2017 9:43 PM 23

    BNP Paribas has been fined £188 million for failing to keep its currency traders from using electronic chatrooms to manipulate prices. The French bank will pay the money to the US Federal Reserve, which claims it failed to detect and address its traders’ use of electronic chatrooms to discuss their positions in the market for US dollars and foreign currencies

  • British Business Bank chief executive Keith Morgan gets a 36% pay boost to £450k

    July 17, 2017 8:13 PM 21

    The boss of the bank set up to increase funding for small companies was paid nearly £450,000 last year. British Business Bank chief executive Keith Morgan topped up his salary of £299,000 with pension payments of £29,900 and long-term incentive awards of £119,600. His total pay of £448,500 was 36 per cent higher than the £329,000 he took home the previous

  • MARKETS LIVE: London shares climb as investors prepare for another Brexit packed week; China maintains its 6.9% economic growth rate

    July 17, 2017 8:55 AM 14

    The FTSE 100 opened higher in another week set to be dominated by Brexit negotiations, with Brexit secretary David Davis to start the second round of talks with the EU's Michel Barnier. On the company news front, Carolyn McCall, the EasyJet boss, will join ITV as chief executive. McCall, who begins her new role in January 2018, had been the front runner