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

News Archive

• Miners boost FTSE in turbulent trading
  Amid speculation surrounding what will happen when the US Federal Reserve begins to scale back its quantitative easing programme, the Japanese yen strengthened versus the dollar overnight, causing the Nikkei index to slump by more than five per cent as Japanese equities dropped. 
  30/05/13
• Sterling strengthens following house price rise
  While sterling has risen on the back of data published by Nationwide showing that house prices increased by 1.1 per cent year-on-year in May, the greenback has slipped against a host of currencies as forex traders remain cautious regarding the US Federal Reserve's plans to end its asset-purchases.
  30/05/13
• OECD delivers economic outlook
  Despite revising its forecast down from 1.6 per cent to 1.5 per cent growth in 2014, the organisation said that the UK is steadily reducing its budget deficit, even though there had been suggestions spending cuts would hamper growth.
  30/05/13
• US house prices up 10.9% in March
  According to the S&P/Case-Shiller index, property values jumped by the largest amount in almost seven years, with all 20 cities that were measured as part of the report posting rises for the third consecutive month.
  29/05/13
• Consumers 'do not trust financial services'
  According to a new report, claims for the mis-selling of payment protection insurance were the most common during the 12-month period - accounting for 74 per cent of customer grievances.
  29/05/13
• High street scheme 'failing to drive recovery'
  According to exclusive research commissioned for BBC Radio 4's You and Yours, the High Street Innovation Fund has had little impact on retail environments over the past year - with more shops closing than launching during the 12 months.
  29/05/13
• BoJ governor highlights importance of stability
  Speculation mounted yesterday that the BoJ could be prepared to increased its radical monetary policy further after an adviser to prime minister Shinzo Abe suggested the BoJ may need to "ease further" to boost the Japanese economy. 
  29/05/13
• FTSE lower as Fed concerns persist
  Figures published yesterday showed that US house prices increased at their fastest rate in seven years in March, while consumer confidence in the country is now at its highest level in close to five years. As a result, there is an expectation among analysts that the Fed will begin to taper its asset-purchases as early as next month.
  29/05/13
• Co-op Bank appoints new chief
  Mr Booker, who is the former head of HSBC's US operations, is set to take over after Barry Tootell resigned earlier this month.
  28/05/13
• Chancellor agrees savings targets
  Energy, communities and justice are among the groups looking to tighten their purse strings over the coming years. However, full details have not yet been given on the deal, reports BBC News.
  28/05/13

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