Does the Beluga exist because of Broughton? Or does Broughton remain on the map because of the Beluga? It is the chicken-and-egg industrial conundrum, which, irrespective of the answer, sustains more than 10,000 jobs in north Wales and around the UK supply chain and which keeps Britain in the premier league of the global aerospace…
‘Make sure your money is working hard.” It’s a phrase used by lots of financial companies hoping to gain custody of your long-term savings. They’ve got a point — putting your money where it can generate a handsome return, is a smart move. Savers haven’t had to work too hard for a good return lately…
The American economy is either normalising and headed for a soft landing, or for a crash. Inflation is either tamed, or a threat to society. Shares are so overpriced that a major sell-off is around the corner, or so underpriced, relative to future earnings, as to be ready for an upward surge. Consumers are either…
The lower mortgage rates that everyone was expecting this year are not here yet, so anyone coming to the end of a fixed deal faces a tough choice. Some 732,000 deals will end in the second half of this year, about 153,000 this month, according to the Financial Conduct Authority, the City regulator. And many…
Student accommodation in Britain is in a mess that is not going to be sorted out in a hurry, but that is welcome news for the two quoted companies in the sector, Unite Group and Empiric Student Property. The chaos was brought home to thousands of families last month when A-level results were released and…
Q. My grandmother is one of the many pensioners who has lost her winter fuel allowance. She is 78 and gets the full old state pension, having worked all her life, and has a civil service pension that pays about £7,000 a year. The income puts her about £80 over the weekly threshold to claim…
Rachel Watkyn had a troubled early life, spending some time in a care home as an infant and suffering financial hardship when back with her family. She made it to university, though, getting a business degree from De Montfort then worked her way up at the software firm Tetra. Complications after appendix surgery led her…
The new boss of Direct Line has insisted a turnaround of the beleaguered motor insurer is on track despite the company posting a smaller-than-expected return to profit. Half-year results from the London-listed group showed it swung from a £93.7 million operating loss a year ago to a £63.7 million profit, although this fell short of…
Boeing has reached a tentative agreement with its biggest union that would lead to 32,000 workers being awarded pay rises of 25 per cent, averting a possible strike. The wage increases are expected to cost Boeing roughly $900 million, according to Sheila Kahyaoglu, an analyst at Jefferies, the investment bank. The proposed four-year contract was…