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Tag Archives: new business ideas

US Federal Reserve raises interest rates again

The US Federal Reserve has agreed to raise interest rates by 0.25%, the third rate rise in 2017.Policymakers at the US central bank say the move, which was widely expected, underscores “solid” gains in the US economy.Officials also boosted their economic forecasts, projecting 2.5% growth in GDP in 2017 …

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DanTDM: the million-dollar jelly bean-eating gamer

Media playback is unsupported on your device How much could you earn by eating jelly beans and playing video games? Look at this year’s YouTube rich list and you might be surprised.British YouTuber Dan Middleton raked in $16.5m (£12.3m) this year, making him YouTube’s highest earner. Known as DanTDM, …

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Bank of England's PRA to remove gendered language

The old lady of Threadneedle Street may soon lose her moniker under plans by the Bank of England to remove gendered language from documentation.Under proposals by the Prudential Regulatory Authority (PRA), which regulates banks and insurers, a chairman will become chair.It also wants to change how individuals are addressed …

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Sports Direct investors veto £11m payout to Ashley's brother

Sports Direct shareholders have rejected a proposed £11m payment to the brother of its founder, Mike Ashley.The tycoon, who abstained from voting, wanted to give John Ashley the cash as a back payment.However, the vote was more than 70% against John Ashley receiving the sum.Sports Direct said: “The board …

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Newcastle takeover: Mike Ashley meets Amanda Staveley over £300m bid

Media playback is not supported on this device Newcastle’s owner Mike Ashley and British businesswoman Amanda Staveley have met for the first time to discuss the sale of the Premier League club. The duo met in an Indian restaurant in London last week, BBC Newcastle understands, after the investment …

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Water bills set to fall by up to £25 from 2020

Household water bills in England and Wales will fall by between £15 and £25 a year from 2020 to 2025, the regulator Ofwat has pledged.A forthcoming price review will give water companies less wiggle room to recover the costs of debt and equity from customers, the regulator said.Ofwat was …

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Sheffield Uber suspension lifted by city council

The suspension of Uber’s licence in Sheffield has been lifted by the city council.It took the action last month after the company failed to respond to its requests. Uber said the correspondence had been sent to the wrong address.The council has lifted the suspension following “productive discussions” and “satisfactory …

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