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Aviva rebuffs £5bn bid from RSA

first_img INSURER RSA has approached rival Aviva about buying its general insurance operations in the UK and elsewhere for £5bn, Sky News has reported.Aviva declined to comment, while RSA was not immediately available.The approach was immediately rejected by the Aviva board, and there are no ongoing discussions between the companies, accoring to the report.Aviva shares were up 4.5 per cent at 383.6 pence by 8.40am while RSA was down 1.9 per cent at 126.1 pence. John Dunne whatsapp whatsapp Friday 13 August 2010 4:15 am Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ Tags: NULL Aviva rebuffs £5bn bid from RSA last_img read more

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Fortis successor Ageas reports strong earnings

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoBetterBe20 Stunning Female AthletesBetterBeUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoDo It Houses[Pic] The Most Remarkable Dress Outfits EverDo It HousesUndoHero WarsBig Boss of internet games!Hero WarsUndo Tags: NULL whatsapp Show Comments ▼ Wednesday 25 August 2010 8:07 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img Share whatsapp BELGIAN insurer Ageas reported a surge of cash coming into its business in the first half, particularly in Asia, and strong earnings from its life insurance business.The company, formerly known as Fortis, said yesterday that inflows grew by 22 per cent during the first six months of 2010 and by 59 per cent in Asia.Insurance net profit dropped to €180.5m (£145m) from €260.4m a year ago, when it booked a €94m one-off tax benefit in Belgium. Almost all of the insurance net profit came from its life business.The overall net profit, a difficult figure to forecast because of legacy issues related to its previous incarnation as Fortis, was €455m, higher than the €261m average forecast.Ageas, which operates as AG Insurance in Belgium and sells insurance for the supermarket giant Tesco, reiterated its forecast that the amount of cash coming into the business in 2010 should be higher than in 2009. It halved its exposure to southern European sovereign bonds in the first half of the year to €8.9bn. KCS-content Fortis successor Ageas reports strong earnings last_img read more

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Wetherspoon sees record profit after breakfast boost

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald whatsapp John Dunne Share Tags: NULL Pub chain Wetherspoon has reported record results with sales increasing by £41.2m to £996.3m for year to the end of July.Profit before tax and exceptional items increasing by 7.3 per cent to £71m, compared with the same period last year.The company said it was selling more 400,000 breakfasts and 600,000 coffees each week – an increase of 40 per cent.Meanwhile in the six weeks to 5 September, like-for-like sales increased by 1.5 per cent and total sales by 7.6 per cent.Chief executive Tim Martin said: “We continue to seek to make lots of small improvements in diverse areas of the business, creating momentum in the services and facilities offered to customers, as well as sales and profits for the company.” whatsappcenter_img Friday 10 September 2010 2:41 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Wetherspoon sees record profit after breakfast boost Show Comments ▼last_img read more

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Terra Firma case set for fraud trial

first_imgWednesday 15 September 2010 8:46 pm GUY Hands, the founder of private equity group Terra Firma, was yesterday granted permission by a judge in New York to sue US bank Citigroup for fraud over his £4bn acquisition of the record label EMI.Hands alleges Citigroup misled him into believing there was another bidder for the troubled record label during the auction process in 2007 causing him to overpay.The record label’s value has halved to around £2bn since then. Hands decided to sue Citi last year after falling out with the bank when it refused to write off some of the £3bn of debt he used to finance the deal. While Judge Rakoff threw out two of Terra Firma’s claims he ruled the firm could press ahead on two other counts of fraud despite Citi’s attempt to have the entire case thrown out. The case will now go to a jury trial with the first hearing slated for 18 October.A Terra Firma spokesman said: “We are pleased that judge Rakoff has rejected Citi’s attempt to avoid a trial on both of Terra Firma’s fraud claims. We look forward to the trial on 18 October when Citi will have to answer to a group of New York Jurors”. Citigroup said: “We are pleased that Judge Rakoff has dismissed two of the four claims in the case. We believe this case is entirely without merit, and we are confident that Citi will prevail at trial on the remaining two claims.”While EMI is a British company Hands opted for the case to be heard in the US because many of Terra Firma’s investors are based in America. Hands, who is a tax exile, also told the court he did not want to jeopardise his tax status by having the case heard in London. Tags: NULL Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Terra Firma case set for fraud trial whatsappcenter_img Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content last_img read more

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Flybe looks at expansion after profitable year

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo whatsapp Flybe looks at expansion after profitable year KCS-content Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img whatsapp FLYBE, the UK’s largest domestic airline, has flown back into profit despite the damaging effects of the recession on the commercial aviation industry and has set its sites on expansion in Western Europe.Pre-tax profit excluding one-off items in the year to 31 March 2010 came to £5.7m, marking a rise from last year when profits were just £100,000. Chief executive Jim French said: “Against a backdrop of the continued impact of the recession and the effects of extreme volatility in fuel prices, Flybe grew its market share.”However, underlying profit fell from £12.8m to £6.8m during the year, despite flat passenger numbers of 7.2m. Revenue for the year also remained flat at £570.5m, despite the airline taking a £12m hit from the closure of airspace in April and May due to the Icelandic volcano.But Flybe management is eyeing expansion in Western Europe. The airline has already struck an operational agreement with Olympic Air in Greece and has signed a codesharing deal with Air France. The firm is also in talks with Finnair about regional services in the Nordic region. Monday 20 September 2010 8:58 pm Share Tags: NULLlast_img read more

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AIM delistings soar as M&A deals in the market increase

first_img THE NUMBER of companies removing themselves from the AIM stock market rose by 25 per cent in the last quarter to 45, according to research out today. Of the 45 firms that delisted, 20 did so because of merger and acquisitions, said law firm Trowers & Hamlins and accountant UHY Hacker Young. M&A activity now represents 44 per cent of delistings, up from 33 per cent in the second quarter. In total, the number of companies leaving has risen from 36 to 45. Eight firms left because of insolvency, which is down slightly from the 10 who did so in the first three months of the year. Charles Wilson, partner at Trowers & Hamlins, said: “Businesses with the finances to pursue a ‘buy and build’ policy clearly believe conditions are now stable enough for them to do so. “The levelling out of delistings over the last three quarters, once M&A activity is factored out, suggests some companies are in fact being acquired before they are forced to delist because of financial stress.”Meanwhile, the number of new entrants to the AIM rose from 13 to 16 in the quarter. whatsapp KCS-content Show Comments ▼ Sunday 3 October 2010 10:46 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Share whatsapp Tags: NULL AIM delistings soar as M&A deals in the market increase last_img read more

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Kurt Geiger’s earnings show luxury still sells

first_img Show Comments ▼ whatsapp whatsapp KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share LUXURY shoemakers Kurt Geiger posted record annual profits suggesting the market for designer footwear is undimmed despite the global economic downturn.The company said turnover increased 17 per cent to £162m for the year to 30 January with earnings up 21.2 per cent to £14.7m from £12.1m last year. Like for like sales also increased eight per cent. It added that sales with its store partners at Harrods, Selfridges and Liberty were at a record high. Kurt Geiger is now the number one high-end shoe retailer in the UK and Europe selling 10 pairs of shoes every minute. Last year saw the company created a further 275 jobs as it opened 12 new stores bringing the total number to 63 worldwide. It also launched a further 49 concessions across the UK and Ireland, which included 30 Debenhams stores.Neil Clifford, chief executive of Kurt Geiger, said: “In the face of a challenging economic backdrop Kurt Geiger has performed very strongly and in 2010 we have expanded our headcount and rolled out new stores across the UK with more in the pipeline for the second half of 2010.” Kurt Geiger’s earnings show luxury still sells Sunday 10 October 2010 11:27 pm Tags: NULLlast_img read more

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William Hill tops forecasts thanks to World Cup

first_img Tags: NULL John Dunne Bookmaker William Hill said it expected to report operating profit at the top-end of analysts’ expectations after a strong third-quarter helped by favourable football results and the later stages of the World Cup.The company, which has a high-street and an online presence, said net revenue grew 22 per cent, with Internet revenue up 35 per cent against 16 per cent growth for retail, and group operating profit rose 64 percent in the 13 weeks to 28 September. Chief executive Ralph Topping said: “We have seen an ongoing positive performance from our growing online business and from machines which, when allied to a period of very favourable sports results, have driven strong net revenue performance.”He said the group was well placed for the final quarter, although wider economic concerns kept it cautious for 2011.Analysts expect the group to report operating profit for the year of £253m, with a range of £247m to £262m, according to a company-supplied consensus.Investec analysts Paul Leyland upgraded his expectation for 2010 earnings per share by 5.5 percent to 19.3 pence and pretax profit by 4.5 per cent to £200.6m pounds after the update.“This was driven almost entirely by a better than average football margin and so we are not changing 2011E forecasts,” he said in a note on Thursday. Show Comments ▼ William Hill tops forecasts thanks to World Cup whatsappcenter_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share Thursday 21 October 2010 3:40 am Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo whatsapplast_img read more

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Old Mutual says it’s unfazed by failed deal to buy Nedbank

first_img Tags: NULL Friday 5 November 2010 12:15 am KCS-content Old Mutual says it’s unfazed by failed deal to buy Nedbank whatsapp Share center_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryGloriousaCouple Had Their Home Demolished Because Of ThisGloriousaTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmRest WowCouple Enacts Revenge Towards Neighbor Who Made Their Life HellRest WowAlphaCuteBizarre Hells Angels Rules, #10 Is MandatoryAlphaCuteArticles StoneLittle Boy Was In Disbelief After Knowing What His Painting’s WorthArticles Stone Insurer Old Mutual yesterday reported better-than-expected sales and said plans to streamline the company were on track despite a failed attempt to sell banking subsidiary Nedbank to HSBC.Old Mutual boss Julian Roberts said HSBC’s surprise withdrawal last month from the deal, seen as a key plank of Old Mutual’s overhaul, was “a shock to everybody,” but would not derail the three-year restructuring effort. “Right now we’re thinking of what is the appropriate option for us moving forward. We’re not in any rush to do anything,” he said.Old Mutual, an Anglo-South African financial conglomerate with operations in over 30 countries, had intended to sell its majority stake in South Africa’s Nedbank as part of a strategy to concentrate on life insurance amid investor concerns its lack of focus had held back its share price.Old Mutual reported unit trust sales for the three months to 30 September of £2.9bn, up 36 per cent compared with the same period last year, and well ahead of the £2.2bn expected by analysts. The strong unit trust sales offset a flat performance in life insurance, where sales rose one per cent on the year to £351m, lagging consensus at £372m. whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comlast_img read more

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UK industrial output grows at forecast rate

first_imgTuesday 9 November 2010 5:24 am whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution UK industrial output grows at forecast rate Tags: NULL Show Comments ▼ Sharecenter_img whatsapp John Dunne More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org British industrial output grew in line with expectations in September, though its manufacturing component was slightly weaker than forecast, official data showed. The figures do not point to any future revision of the initial third-quarter GDP estimate, and will not shift market expectations that the Bank of England will keep interest rates at record lows for many months to come.The Office for National Statistics said that industrial output grew 0.4 per cent in September, the same as an upwardly revised 0.4 per cent for the previous month, and in line with economists’ forecasts.However, the manufacturing component slowed slightly more than expected to 0.1 per cent, its weakest pace of growth since April, after expanding by an upwardly revised 0.4 per cent in August.Industrial output was up 3.8 per cent on the year, while manufacturing grew by an annual 4.8 per cent in September.Separate figures showed Britain’s deficit in global trade for goods and services fell to its lowest level since June, shrinking to £4.57bn in September from £4.8bn.The trade in goods both globally and excluding the EU showed a similar trend.Iain MacDonald of Barclays Corporate said: “Despite some encouraging figures coming out of the UK manufacturing sector recently, a resulting increase in export figures is still yet to be realised despite a deficit reduction in September. “However, we’re now seeing a marked increase in the interest amongst UK companies in developing opportunities abroad, particularly in the more traditional export destinations across Europe and North America. Although competition in these markets still remains tough, demand for UK goods remains buoyant.” last_img read more

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