Ainsdale Evangelical Church

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BBC News: UK inflation at highest since April 2012
Tuesday 17th October 2017
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Live BBC Business News

UK inflation at highest since April 2012

Increases in transport and food prices push inflation to the highest rate for more than five years.

OECD says reversing Brexit would boost economy

The Paris-based think tank says staying in the EU would have "significant" positive impact on growth.

House prices: Have they actually gone up in your neighbourhood?

House prices are lower in real terms in many areas than 10 years ago. Use our calculator to find out how your neighbourhood has fared.

Bombardier to partner Airbus on C-Series jets

The European aerospace firm is to take a majority stake in Bombardier's C-Series jet project.

Asos profits surge as overseas sales boosted by weak pound

The online fashion retailer's international sales have been boosted by the fall in sterling.

Vanguard boss warns on stock market highs

One of the world's biggest investors says there could be a "decent-sized" fall in stock markets.

Ikea: why we have a love-hate relationship with the Swedish retailer

The Swedish furniture giant has been in the UK for 30 years, and earned both fans and critics.

UK merger rules face change to bolster national security

The government wants to be able to scrutinise deals with companies whose turnover is more than £1m.

Green Business News

Gold and Oil Prices 2day

The Business Week from 10

1. EasyJet boss Carolyn McCall and Natalie Massenet, founder of Net-a-Porter, were appointed dames in the new year honours. Insurance tycoon Clive Cowdery was knighted while Samir Desai, co-founder of Funding Circle, was appointed a CBE.

2. Saudi Arabia posted a budget deficit of £66bn and announced public spending cuts. Oil minister Ali Al-Naimi said the kingdom would take no measures to restrict crude supplies, pushing analysts to mark down their oil price forecasts for this year.

3. The Financial Conduct Authority said it had shelved an inquiry into the staff culture at banks, provoking claims that it was going soft on the City.

4. Sports Direct said it would increase pay for directly employed staff by 15p an hour, from £6.70 to £6.85.

5. Amazon said it would extend its grocery delivery service, sending shares in Ocado down sharply.

6. The acquisitive industrial group Melrose returned £2bn to shareholders and said it was optimistic about making another big deal.

7. The CBI was accused by pro-Brexit campaigners of secretly dropping demands for a renegotiation of the working-time directive.

8. The commodities trader Noble Group was slashed to junk status by the ratings agency Moody’s.

9. China ordered three unnamed foreign banks to stop foreign-exchange transactions until the end of March.

10. The competition regulator said it would investigate J Sainsbury’s sale of its chemists to Celesio, owner of the Lloyds Pharmacy chain.