Creditors approve Homebase rescue deal

Creditors approve Homebase rescue deal


HOMEBASE has won approval for a rescue deal which will lead to the closure of 42 of its 241 stores, with the loss of up to 1,500 jobs. Nearly 96 per cent of creditors backed an insolvency procedure known as a company voluntary arrangement at a London meeting, without which it could have collapsed into administration.

Source: Daily Express :: Finance Feed https://ift.tt/2N8ruUP

Hail a new breakthrough in treatment of cancer - EXPRESS COMMENT

Hail a new breakthrough in treatment of cancer - EXPRESS COMMENT


Over the past few decades we have been celebrating huge steps forward in life expectancy but the fact remains that some types of cancer have continued to act as a death sentence. Could it be possible that that may no longer be the case?

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Pound v euro: GBP/EUR exchange rate dips

Pound v euro: GBP/EUR exchange rate dips


The pound has suffered a minor loss against the euro today, with the decline being caused by potential fears about the Brexit process. Sterling is currently trading at €1.114 in the GBP/EUR exchange rate, which is down from Thursday’s high of €1.116 but still better than the weekly opening rate of €1.104.

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Pound v US dollar: Exchange rate holds above $1.3

Pound v US dollar: Exchange rate holds above $1.3


The pound to US dollar exchange rate has climbed around a cent and a half this week. While it has been unable to hold its best level of $1.303, it remains near its best levels since the beginning of August, currently trading at $1.302.

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Africa wants free trade, not to be reliant on UK aid, says ROSS CLARK

Africa wants free trade, not to be reliant on UK aid, says ROSS CLARK


THERE are still people who refuse to see how Brexit could possibly bring any benefits to Britain, and that in enacting the referendum vote the Government is just pandering to Little Englanders who want to cut the country off from the outside world. Theresa May's tour of South Africa, Kenya and Nigeria this week will hopefully have put them right.

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Beachcomber: 101 years old and still elevating elevators

Beachcomber: 101 years old and still elevating elevators


WORKMEN with drills, hammers, screwdrivers and the like have been installing new lifts in this building with cautionary signs saying: “Warning: Lift Well” by the shafts of the non-operational lifts.

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Revolts at pay greed double

Revolts at pay greed double


INVESTORS turned up the heat on management at annual meetings this year as revolts over boardroom pay doubled. The number of pay resolutions at FTSE 100 firms where the level of dissent climbed above 20 per cent reached 18 to the end of July.

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Beachcomber: 101 years old and still thinking alphabetically...

Beachcomber: 101 years old and still thinking alphabetically...


EDUCATION, or as Mr “Tony” Blair once put it, rather repetitively in my opinion, “Education, education, education,“ is something we have still not got right. A close examination of our schools and the young people they produce has revealed to me the true cause of the malaise, which goes right back to the very start of our schooling or even pre-schooling: it is the way we teach the alphabet itself.

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Signs that Brussels is now prepared to make a deal - EXPRESS COMMENT

Signs that Brussels is now prepared to make a deal - EXPRESS COMMENT


Do we sense a change in the mood music coming out of Brussels? For the first time since these tortuous negotiations began, chief negotiator Michel Barnier has conceded manufacturers sell into British markets that Britain will get a unique deal from the EU, “a partnership with Britain such as has never been with any other third country."

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Pointless to hunt for Salmond clype, says ALAN COCHRANE

Pointless to hunt for Salmond clype, says ALAN COCHRANE


A STUNNED silence has engulfed all of my sparring partners in the Scottish National Party over the past week since the astonishing news broke that Alex Salmond was the subject of complaints, now with the police, that he had sexually assaulted two members of staff.

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