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Aldi pulls eggs from German stores over fipronil poison fear

Supermarket giant Aldi has withdrawn all eggs from sale from its stores in Germany as they may have been contaminated by insecticide.Tests showed that the chemical fipronil, which can harm people’s kidneys, liver and thyroid glands, was found in eggs from the Netherlands.Fipronil is used to treat lice and …

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Dollar jumps as US job figures beat forecast

The dollar has rallied strongly against the pound after official figures showed better-than-expected US job figures and some encouragement on wage growth. The greenback gained against major international currencies when the US Labour Department reported 209,000 net new jobs were created in July – almost 30,000 more than analysts …

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OnTheMarket plans to join stock market to rival Rightmove

The UK’s third biggest property portal, OnTheMarket.com, plans to raise £50m by issuing shares on the stock market.It will use the money to help it compete against its larger rivals Zoopla and Rightmove, which currently dominate the market.OnTheMarket.com is owned by over 2000 estate agents, including Savills, Knight Frank …

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Bidders for LEO offices balk at £700m price

Bidders for an upmarket portfolio of serviced offices in London have balked at the £700m‎ asking price, sounding a potential alarm bell about the level of demand from wealthy international investors. Sky News has learnt that the owners of London Executive Offices (LEO), which operates 32 sites across the …

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Ben Broadbent: Rate rise may be higher than market expects

UK interest rates may have to go up by more than the market expects in the future, Bank of England deputy governor Ben Broadbent has told the BBC.He said the drop in sterling following the Brexit vote had fuelled inflation.Mr Broadbent said there was a “trade off between stabilising …

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RBS reports first half-year profit in three years

Royal Bank of Scotland (RBS) has announced its first half-year profit for three years, declaring it as “proof of the investment case for this bank”. The lender, which remains more than 70% owned by the taxpayer following its 2008 bailout, reported pre-tax profits of £939m for the six months …

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