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Thursday September 08, 2011 - www.knowledgetoactionnews.com - Established 2004

News Archive

• China reports lower-than-expected growth
  Benefit cap trial starts in London
  As part of plans to ensure government payouts are reflective of the average income of working households, officials have introduced a £500 per week limit for couples and £350 for single people in the area.
  15/04/13
• Yen strengthens on poor China data
  Weaker-than-expected economic data for China served to raise concerns about the global recovery and the Japanese currency again benefited from the uncertainty.
  15/04/13
• FTSE down as China data hits miners
  As of 13:15 BST, London's blue-chip index stood at 6,316.51 points, down by 1.09 per cent.
  15/04/13
• Cyprus bailout 'could cost €23bn'
  A draft publication produced by the country's creditors shows the rescue package will now cost €6.5 billion more than had been previously estimated.
  12/04/13
• FTSE lower as EU discusses bailouts
  As of 11:30 BST, the blue-chip index was down by 0.48 per cent at 6,385.21, with analysts suggesting stock market traders have looked to take profits on gains made over the last few days.
  12/04/13
• Construction figures reignite triple-dip fears
  Figures released by the Office for National Statistics - which are not seasonally-adjusted - showed that construction was 5.5 per cent higher than in January, but still seven per cent down on the level recorded 12 months previously.
  12/04/13
• Dollar 'will reach 103 yen within four weeks'
  According to Barclays Capital, the radical monetary policy announced by the Bank of Japan (BoJ) last week could cause the currency to continue to weaken considerably against the greenback, Reuters reports.
  12/04/13
• Marks and Spencer reports sales growth
  The latest data from the retailer highlighted a 0.6 per cent upturn in like-for-like sales throughout the first quarter of the year, compared with the same period of 2012.
  11/04/13
• Barack Obama outlines US budget plans
  The president has proposed the introduction of further taxes on wealthy individuals, as well as a reduction in spending to benefit programmes, as part of the financial plans.
  11/04/13

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