Money Matters
VPS may rethink London IPO listing
Hospital operator VPS Healthcare is reconsidering its plans for a stock exchange listing in London due to the uncertainty surrounding the Brexit. An initiate reported this to the…
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Asos clothing store stumbles over its own rapid growth
Asos, one of the fastest growing online clothing stores, suffered a loss of sales in the United States in the last quarter. The British company was unable to…
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Sainsbury is cutting prices for the Asda deal
The British supermarket chain Sainsbury promises to lower prices by a total of 1 billion pounds in an attempt to still get approval for the takeover of its…
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Labor cost rise across Europe
The labor costs per hour in the euro zone increased by 2.3 percent in the fourth quarter of 2018 compared to a year earlier. The European statistics agency…
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Eurozone inflation confirmed at 1.5 percent
Inflation in the euro zone rose to 1.5 percent on an annual basis in February, from 1.4 percent in January. The European statistics agency Eurostat reported this on…
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EU car sales fell slightly in February, UK sales up
Sales of new passenger cars in the European Union fell by 1 percent in February compared to a year earlier. ACEA car industry association announced this. The sale…
Continue ReadingBritish lending bank takes over a competitor
The British OneSavings Bank buys its counterpart Charter Court. The combination creates one of the largest specialist lending banks in the United Kingdom. Both financial institutions focus on…
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