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Young families 'hit by income slowdown'

Young families were particularly hard hit by an “abrupt” slowdown in living standards in the year before the general election, a think tank says.The Resolution Foundation found that average income growth halved to 0.7% during that period compared with the previous year.Those aged 25-34 were worst hit, it said, …

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Underground success

Carl Rodrigues says that his family and friends all thought he had lost his mind.”Everybody thought I had gone completely nuts,” he says. “They were saying ‘what’s wrong with this guy? Is he having a hippy moment?’.”Mr Rodrigues, a successful IT consultant, had woken up one day and decided …

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Jamie Dimon rails against the state of US politics

JP Morgan Chase boss Jamie Dimon condemned the state of US politics on Friday, saying political gridlock is hurting the US economy.He said Americans must “get our act together” or risk limiting themselves to 1.5% to 2% growth.”It would be much stronger growth had we made intelligent decisions and …

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Barclays in talks to expand Dublin office post-Brexit

Barclays is in talks with Irish regulators about expanding its presence in Dublin in the run up to Brexit.It is the latest financial company to indicate how it is repositioning to cope with the UK’s exit from the EU. Barclays said Ireland provided a “natural base” for the bank …

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