NatWest launch ‘rapid cash’ flexible overdraft for businesses | City & Business | Finance

Rapid Cash, aimed at working capital needs, offers credit limits based on firms’ unpaid invoices up to £300,000 and is designed to plug easily into accounting software.Now available to the bank’s customers, plans are...

EU is the ‘big loser’ in Swiss stock row as tables are turned on...

Frank Stocker, financial editor of German national daily newspaper Die Welt, described the European Commission as a “big loser” in the heated standoff after Switzerland blocked access to Swiss stocks from being traded at...

Germany news: ‘Every second job’ at risk in German car industry | City &...

The auto industry is under pressure to ditch diesel and switch to electric vehicles, with the German government pledging to put one million e-cars on the road by 2020. It is estimated there are...

Pound euro exchange rate: GBP lower as flash eurozone headline inflation released | City...

This follows the publication of the flash yearly headline Eurozone Consumer Price Index (CPI) figures for June, which held at 1.2 percent. Core inflation improved on the forecast 1.0 percent, coming in at 1.1...

British arm of Starbucks to pay US owner fifteen times more than UK taxman...

Starbucks’ seven British businesses paid £22.5million in UK corporation tax in 2018.Over the same period they handed a £353million dividend to American parent company the Starbucks Corporation.Dame Margaret Hodge, former chairwoman of the Public...

Swiss stocks barred from EU Trading | City & Business | Finance

Switzerland said yesterday it would trigger retaliatory measures against the European Union for forbidding access to its stock markets. As of Monday almost 300 shares in Swiss companies, including Nestle and Novartis, cannot be traded...

Gold surges toward biggest monthly gain in three years as US and China brace...

Spot gold has steadily increased in value this month, with analysts suggesting investors are flocking to bullion as fears for the global economy continue to fester while the increasingly bitter US-China trade spat rumbles...

Boris Johnson ‘lining up Sajid Javid as Chancellor if he becomes Prime Minister’ |...

Mr Javid is reportedly the favourite choice to move into 11 Downing Street should Mr Johnson prove victorious in the Conservative Party leadership race. It comes after the former Mayor of London spoke out...

Ikea could soon start building ‘affordable’ homes in the UK based on what YOU...

BoKlok, a company owned by Ikea and construction firm Skanska, is looking to expand in the UK and has reportedly signed up with Worthing Council to build 162 factory-built homes in the seaside town,...

Germany warning: Economy heading for major downturn as confidence slips to new low |...

The Munich-based Ifo Institute for Economic Research warned the German economy is “heading for the doldrums” as its business climate index deteriorated for the third month in a row. The business index fell to...