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Evening Standard
Barclays profit falls as banking giant considers cutting costs
Business
Sky News
Major high street bank puts extra money aside in case of loan defaults
Barclays is putting more money aside in case customers default on loan or mortgage repayments, despite saying the numbers falling behind bills is low, its latest financial results show.While the bank is benefitting from higher interest rates, the amount they benefit by will be less than expected, Barclays third quarter results also said. Income from …
Business
Sky News
Unemployment rate remains low as number of job vacancies falls
The UK unemployment rate remains low, according to the latest official figures.The figure stood at 4.2% in the three months to August this year, after changes to the Office for National Statistics (ONS) survey method. Under the new means of assessing the labour market, there has been no change in the level of joblessness compared …
Business
Euro News
Billionaire tax needed to tackle inequalities, says EU research group
Business
Euro News
Bank of Israel: No rise in rates but lower economic forecast
Business
Sky News
Real living wage raised to give ‘lifeline’ to low-paid workers
The voluntary real living wage – paid by more than 14,000 companies in the UK – is to rise by 10% as low-paid workers continue to struggle with the cost of living.The Living Wage Foundation, which sets the rate, announced it would increase to £12 across the UK, except for in London where it will …
Business
Euro News
Chinese tax authorities investigate Apple iPhone’s major supplier Foxconn
Business
Sky News
Why the soaring cost of government borrowing matters for everyone
Except on rare occasions – last year’s post-Liz Truss mini-budget episode being one of them – the bond market rarely garners as much attention as other financial sectors.Yet these markets, where companies and governments come to borrow, are the foundations for the global economy. In particular, the value of government bonds – and hence their …
Business
Sky News
Oil, shoplifting and Vistry job cuts
Emma Crosby is joined by Olivia Gallarati, who’s an oil markets analyst at Energy Aspects.Chris Noice from the Association of Convenience Stores speaks to Emma about the rise in shoplifting.And Vistry announces job cuts after a slump in demand.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
Business
Euro News
Russia’s Gazprom to increase gas supplies to Hungary
Business
Sky News
Ban on no-fault evictions may face long delays amid fears of Tory rebellion
A government pledge to ban no-fault evictions could face long delays after Michael Gove told his backbenchers he would not enact the policy until courts have been reformed. A promise to outlaw Section 21 evictions was made by the Conservatives in its 2019 manifesto – although the plan was only confirmed in May this year …
Business
Evening Standard
British steel ‘the future, not the past’, Starmer vows during Port Talbot visit

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