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ECB warns stimulus programme still has a way to run

ByNathan BissittJuly 20, 2017

The European Central Bank (ECB) has insisted there is still a long way to go before it can call a halt to its economic stimulus programme.ECB president Mario Draghi threw cold water on speculation that the bank might wind the programme down soon.The bank is still

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Deutsche boss warns of 'worst' Brexit outcome

ByNathan BissittJuly 20, 2017

Deutsche Bank is preparing for a Brexit outcome that is “worse than people can imagine”, chief executive John Cryan has told staff in a video message. The British boss of the German lender, which has already revealed that it is considering shifting up to

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3 Books Every Franchise Buyer Needs to Read

ByNathan BissittJuly 20, 2017

Image credit: Sandra Starke/EyeEm | Getty Images There are many new authors in the franchise and small business category that have written some very helpful books for our industry. Recently, I have been asked to recommend books to help franchisors and franchise

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'Selfridges' of sports?

ByNathan BissittJuly 20, 2017

“It’s clear we have smashed the ball out of the park with our ‘Selfridges’ of sport concept,” boasted Sports Direct chief executive Mike Ashley to financial analysts, following the release of the company’s latest results.He was

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Lightning over Guernsey twice started tractor, farmer claims

ByNathan BissittJuly 20, 2017

A 1950s tractor described as “a devil” to run was twice started by lightning strikes, according to its owner. The strikes occurred in Guernsey during a severe thunderstorm on Tuesday, which saw 9mm of rain fall in a few hours. Owner Horace Camp said two

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FTSE 100 rallies but EasyJet shares slip

ByNathan BissittJuly 20, 2017

The UK market was trading higher but shares in EasyJet fell more than 6% despite the airline raising its estimate for full-year profits.The carrier said it now expected to report profits of between £380m and £420m, although that is still below last year’s figure

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Kodak phone-maker eyes £100m Exponent sale

ByNathan BissittJuly 20, 2017

The company which makes branded mobile phones for Land Rover and Kodak is in talks about a £100m-plus sale to the buyout firm behind Loch Lomond whisky. Sky News understands that Exponent Private Equity is in exclusive discussions about a takeover of Bullitt Group, a

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Thousands leave SSE and Scottish Power after price rises

ByNathan BissittJuly 20, 2017

A third of a million customers have deserted the two big energy suppliers based in Scotland following recent price rises.About 230,000 households switched away from SSE in the three months to the end of June.The supplier raised its dual-fuel prices by 6.9% on 28

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Low Cost Franchise Opportunity Review

ByNathan BissittJuly 20, 2017

Being the boss doesn’t have to be beyond anyone’s reach. There are many different kinds of low-cost franchise that let people start their own business and take control of their own career. While some franchises, such as major name fast food restaurants, could set you

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Sports Direct profits dive by nearly 60%

ByNathan BissittJuly 20, 2017

Profits at Sports Direct have plummeted nearly 60%, which the firm said was largely due to the weaker pound.Underlying pre-tax profit fell to £113.7m from £275.2m last year because of “currency movements and increased depreciation charges”.Chief executive