Sunday, 5th July 2015

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News & Reports

No need for break-up of Big Six, competition watchdog expected to say

Sun 5th Jul 15, 12:46:48

The Competition ad Markets Authority (CMA) is expected to this week say it will not force the Big Six energy firms to break-up.

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Today's Market Reports

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Reports say sum of at least 6m was set aside for payment to Nama deal-makers

An investigation has reportedly found that at least 6m held in an Isle of Man bank account had been set aside for the purpose of facilitating payments to people involved in the sale of Northern Ireland National Asset Management Agency's (Nama) property portfolio. 2 hours ago

Budget to tackle higher earners using subsidies to live in social housing

Chancellor George Osborne said on Sunday that he planned to use this week's Budget to prevent higher earners from using taxpayer-funded subsidies to live in council and housing association homes. 4 hours ago

China reportedly freezes new share offers in bid to stop sharp slide in stock markets

The Chinese government has reportedly frozen new share offers and established a market-stabilisation fund in an attempt to halt the sharp decline in the country's stock market. 4 hours ago

Prime Minister and Chancellor to raise inheritance tax threshold to 1m in Wednesday's Budget

Inheritance tax on family homes worth up to 1m will be scrapped, the chancellor's next Budget will confirm. 4 hours ago

Greek people to vote in referendum to decide whether to accept bailout terms

Greek citizens will on Sunday cast their vote in the country's bailout referendum that will decide whether or not its government accepts a further rescue loan in exchange for greater austerity measures. 5 hours ago

Week ahead: All eyes on Greece (and the US dollar)

The very short-term outlook for financial markets has grown more uncertain, but that may throw up some investment opportunities. 2 days ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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