SHOCK WARNING: EU banking crisis to continue for YEARS

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Banks across the continent have limited ways to become more profitable, according to in-depth analysis by business consultants Ernst and Young. The financial institutions will struggle as any “noticeable” increase in interest rates with the eurozone is unlikely and the balance sheets of the southern European banks will continue to be burdened More...

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By admin On Monday, September 25th, 2017
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ONS to confirm sluggish growth rates for the April to June period

The ONS is expected to say the UK experienced sluggish growth during the April to June period, due to rising inflation and a slowdown in consumer spending.  Although the services sector was robust, construction More...

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By admin On Sunday, September 24th, 2017
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London Bridge terror attack: Insurance firms fail to cover Borough Market traders’ losses

Restaurants and traders around Borough Market were closed for more than 10 days after the terrorist attack by Islamic militants on June 3, which resulted in eight deaths and left 48 people injured, as they could More...

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By admin On Saturday, September 23rd, 2017
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North Korea latest: World War 3 threat puts stock markets ON EDGE

Global stock indices plunged after the US President upped the pressure on the North Korean dictator with more sanctions and dubbed the leader “rocket man”. Kim Jong-un called Mr Trump “mentally More...

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By admin On Friday, September 22nd, 2017
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Is Bitcoin the new gold? Cryptocurrency price rise and scarcity make it 'a safe haven'

Bitcoin’s popularity has continued this year, with the price skyrocketing from around $600 to close to $5,000 in the space of just 12 months. Supporters say the limited supply of bitcoin cements its status More...

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By admin On Thursday, September 21st, 2017
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French Connection shrinks losses by 30 per cent: Losses down to £5.7million

The company reported pre-tax losses of £5.7million for the six months to July 31, compared with a loss of £7.9million a year earlier, thanks to higher licensing revenues, a “reduced loss” in its retail More...

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By admin On Wednesday, September 20th, 2017
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Deutsche Bank: Central banks are OUT of ammunition if recession hits

In a new report published by strategists at Deutsche Bank, the analysts warn record low interest levels, combined with high levels of government debt, could leave central banks powerless to deal with another More...

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By admin On Tuesday, September 19th, 2017
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Peperami-maker Jack Link tempted by multimillion-pound manufacturing plant in the Midlands

The US food firm said the potential new site was part of an aggressive European growth strategy and would build upon its existing operations in Ansbach, Germany.  The facility would produce Jack Link’s Beef More...

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By admin On Monday, September 18th, 2017
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Bitcoin price update: Bitcoin currency rises after China exchange shut downs

The value of the digital currency is now hovering at around $3,680 after tumbling below $3,000 on Friday amid fears the bitcoin bubble was bursting. Bitcoin’s price had surged by around 700 per cent over More...

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By admin On Sunday, September 17th, 2017
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Gold price 2017: North Korea World War 3 fears fade pushing metal value down

The precious metal is traditionally a safe haven, which rises during political and economic turmoil. North Korea’s first missile launch over Japan pushed the gold price to its highest level in a year, More...