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Historic map maker Ordnance Survey plots course to record revenues

Mapping agency Ordnance Survey is reeling in record revenues with businesses and authorities turning to its pinpoint-accurate data. The Government-owned firm reported revenue of £152.8million during the latest financial year, up 4 per cent on the previou

yesterday, 22:01 in Business

MAGGIE PAGANO: Horrifying scale of youth unemployment means Europe faces losing another generation

President Emmanuel Macron will be chuffed that France’s unemployment rate has fallen again, albeit by a fraction, to 9.5 per cent.  This leaves an astonishing 2.65m of the French population unemployed but at least the back has been broken. That’s the goo

yesterday, 22:01 in Business

DAILY BRIEFING: Retail sales up 0.3% in July as British shoppers continue to splash out

SPREE CONTINUES British shoppers continued to splash out last month – confounding fears of a sharp slowdown in spending as prices rise. The Office for National Statistics said retail sales rose 0.3 per cent in July following a 1.5 per cent increase in th

yesterday, 22:01 in Business

EU 'triggered crisis at Spanish lender Banco Popular', say investors

Brussels bureaucrats triggered a run on a Spanish lender, investors have claimed. Banco Popular collapsed in June and was sold to Santander for €1 after a loss of confidence which saw families rush to pull money out. But hedge funds which owned bonds in

yesterday, 22:01 in Business

Windfall for Saracens rugby club boss as his stake in investment firm YOLO Leisure and Technology nearly...

The owner and chairman of Saracens rugby club, Nigel Wray, saw his stake in investment firm YOLO Leaisure and Technology shoot up by £3.3million yesterday after the company soared in value. YOLO – named after the phrase ‘you only live once’ – rose 65 per

yesterday, 22:01 in Business

After the bump, is this now the Trump slump? White House crisis rocks the markets

A tremor shook Wall Street yesterday as investors panicked over a rumour that one of Donald Trump's top financial advisers was about to quit. Former Goldman Sachs banker Gary Cohn has been a lynchpin of Trump's struggling administration and is spearheadi

yesterday, 22:01 in Business

French unemployment falls to five-year low of 9.5% - still more than twice as high as the UK

Unemployment in France has fallen to a five-year low – but is still more than twice as high as in the UK where dole queues are the shortest for 42 years. Official figures showed the jobless rate in France fell from 9.6 per cent to 9.5 per cent in the sec

yesterday, 22:01 in Business

British banks face fresh legal action in the US as authorities accuse them of helping destroy American lenders

British banks are facing fresh legal action after US authorities accused them of helping destroy American lenders once worth £340billion. It’s claimed Lloyds, Barclays, Royal Bank of Scotland and others helped ruin 39 firms across the Atlantic by rigging

yesterday, 22:01 in Business

German stock exchange sees insider trading probe widen following failed London takeover

An insider trading probe has hit the board of Germany’s stock exchange following a failed £21billion takeover of its British rival. Deutsche Boerse sought to buy the London Stock Exchange last year, but competition authorities turned it down. The Frankfu

yesterday, 22:01 in Business

MARKET REPORT: Bitter pill to swallow as Hikma Pharmaceuticals loses £335m after failing to say whether...

Investors found Hikma Pharmaceuticals' results a bitter pill to swallow after it failed to say whether its key asthma drug will be sold in the US following a delay earlier this year. The FTSE 250 firm and its partner Vectura were savaged in May after fai

yesterday, 22:01 in Business

CITY DIARY: Is Lloyds Don Juan boss taking his cue from George IV?

Art gallery The Wallace Collection offers tickets in a fortnight's time to 'George IV: From Rake to Regal', a lecture about the dandyish 19th century monarch who kept a string of mistresses.  Can we expect the gallery's wolfish chairman, Antonio Horta-Os

yesterday, 22:01 in Business

Savers who cash in their pensions risk running out of cash in retirement after investing without taking advice

Savers risk running out of money in retirement due to a surge in families investing their pension pots without advice, a top boss warns. Phil Loney, head of savings firm Royal London, said more retirees were putting their money into drawdown products wit

yesterday, 22:01 in Business

DIY disaster as rival chains are hammered due to bad weather and changing home improvement habits

Badweather and changing home improvement habits have led to a miserable summer for Britain’s biggest DIY companies. Sales at Kingfisher’s chain B&Q were down 7.7 per cent to £967million during the second quarter while Homebase’s sales for the full...

yesterday, 22:01 in Business

Everton ball-boy rescued by quick-thinking steward as crowd trouble erupts at Europa League clash against...

The Europa League tie between Everton and Hajduk Split was halted by crowd trouble on Thursday night. A group of fans in the away section kicked down advertising hoardings and threw seats towards Everton fans in the Park End. A ball-boy was rescued from

yesterday, 21:46 in Sport

England take command of the first ever day-night Test with the West Indies as centuries from Joe Root and...

England’s step into the unknown became a tale of the very predictable on Thuresday when Joe Root and Alastair Cook, captains past and present, took rapid and emphatic control of the first day-night Test in England. It does not matter if the ball is pink,

yesterday, 21:43 in Sport

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