Monday, 22nd December 2014

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Britain's workers could see higher wages in 2015, CBI and Weale suggest

Mon 22nd Dec 14, 14:15:01

Martin Weale, a member of the Bank of England's interest rate setting committee, said that UK workers could be set for bigger pay rises in 2015.

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US open: Stocks continue to advance despite weak housing data

US stocks advanced on Monday despite some weaker-than-expected economic data, as markets continued to rally ahead of the Christmas break. 1 hour ago

FTSE 250 movers: Retail stocks enjoy late Christmas boom, energy and mining stay mixed

Retail stocks were receiving a boost in the lead up to Christmas, including Home Retail Group. The food retail sector was also doing very well, with Ocado Group, Mitchells & Butlers and Greggs all trading positively. "But so far this year the sector is cumulatively down by as much as 36.3% (ie c34% worse than the All-Share index) and it therefore remains easily the worst performing sector in the market this year," said retailing analyst and consultant Nick Bubb. 2 hours ago

US pre-open: Markets set for upbeat open

Wall Street was heading for an upbeat open on Monday, as oil prices rallied and regained some ground after a disastrous spell over the last two weeks. 3 hours ago

Tiziana Life seals deal with Novimmune

Tiziana Life Sciences has been granted an exclusive license to develop and commercialise Novimmune SA's CD3 receptor monoclonal antibody foralumab. 5 hours ago

MNC Strategic Investments plunge despite posting H1 pretax profit

Hong Kong-focused MNC Strategic Investments swung to a pre-tax profit in the first six months of its financial year. 4 hours ago

MBL pre-tax loss from continuing operations widens in H1

Entertainment product distributor MBL Group saw its pre-tax loss from continuing operation double in the first half of the year, on the back of rising costs and difficult trading conditions. 4 hours ago

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