uk-hotdailynews: 2015-11-01 U.K. Business

Greek banks must find up to 14.4 bn euros
Sky News Australia
Four major Greek banks must find up to 14.4 billion euros ($A22.35 billion) to survive potential economic shocks, the European Central Bank says. Weakened after years of recession, Greece's banks took a further battering this year when the government ...

UPDATE 1-Greece's NBG Q2 loss widens on bad debt provisions   Reuters
Greek Banks Need up to $15.8 Billion to Strengthen Their Capital Base   Wall Street Journal
Greek banks face $15.9b bill after economic debacle   The Australian Financial Review
Financial Times
Daily Times
Telegraph.co.uk
all 357 news articles »

Yahoo News UK

New Hike In Insurance Costs To Affect Millions
Sky News
The tax paid every time a policy is taken out increases from today - making premiums for cars, homes and pets more expensive. 02:07, UK, Sunday 01 November 2015. Car insurance. Policies for cars - as well as those for homes and pets - are affected.
Insurance tax increase could add £100 to bills   Belfast Telegraph
'I cut my premium with a black box in my car': Insurance premium tax is going ...   This is Money
Millions face insurance bill increase this week-end   BBC News

all 41 news articles »

Rapid News Network

Caparo Industries to cut 452 jobs in United Kingdom: PwC
Rapid News Network
Matt Hammond, Caparo's lead administrator, said: “It is with regret that we have made these decisions today, but the commercial prospects of the affected businesses render them unviable”. The three events threaten the jobs of more than one in six ...
Steel crisis grows as Caparo cuts 452 jobs   Tribble Agency (blog)
Further steel industry job cuts announced   wwntradio
Caparo to cut 450 steel jobs - but none are in Scunthorpe   Newzy
inside KOREA
Telegraph.co.uk
all 77 news articles »

Daily Mail

£260m bradford broadway launch ends troubled saga
Daily Mail
The opening of the biggest retail development of 2015 in the UK will signal the end of a troubled saga which came to symbolise the destructive effect of the global financial crisis on British city centres. For years, people in Bradford have had to live ...

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The Express Tribune

US banks face $120 b shortfall under new rule
The Hindu
Six big U.S. banks need to raise an additional $120 billion, most likely in long-term debt, under a rule proposed on Friday by the Federal Reserve. The requirements are aimed at ensuring that some of the biggest and most interconnected banks, which ...
Markets bet cycle of 'Goldilocks on ice' will persist   The Australian Financial Review
US Fed proposes new rule to reduce bailout risks   Daily Times
IMF urges US Fed to be cautious in hiking rates   The Nation
Minneapolis Star Tribune
Business Insider
all 414 news articles »

Reuters

China official October factory, services surveys show economy still wobbly
Reuters
BEIJING Activity in China's manufacturing sector unexpectedly contracted in October for a third straight month, an official survey showed on Sunday, fuelling fears the economy may be cooling further in the fourth quarter despite a raft of stimulus ...
China's October Official Manufacturing PMI Unchanged   Wall Street Journal
China's manufacturing contracts for 3rd straight month   U.S. News & World Report
China manufacturing activity shrinks for third straight month: govt   THE BUSINESS TIMES
Xinhua
Business Insider
all 17 news articles »

IAG announces first ever interim dividend
London South East (registration) (blog)
(ShareCast News) - On Thursday, IAG announced it would pay its first dividend and that the full-year payout would equal a quarter of its full-year underlying profits after tax. The Anglo-Hispanic carrier, which is led by Willie Walsh, confirmed it ...

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