Barclays sets aside £500m to pay forex bill

first_imgThursday 30 October 2014 8:52 pm Tim Wallace whatsapp Barclays sets aside £500m to pay forex bill Read This NextTig Notaro Never Looks Right in ‘Army of the Dead’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe WrapRalph Macchio on the Secret to Making Badass ’80s Fight Scenes in 2021The Wrap’iCarly’: Nathan Kress on Preserving Integrity of Original Show, PromisesThe WrapHappy Juneteenth: 10 Movies to Stream That Celebrate Black JoyThe WrapHow Renee Elise Goldsberry Embraced Her Inner Diva for ‘Girls5Eva’The Wrap’The Hitman’s Bodyguard’s Wife’ Takes No. 1 at Box Office From ‘Quiet PlaceThe WrapBill Maher Pokes Fun at Joe Manchin: He’s a ‘Democrat Except on Matters ofThe Wrap whatsappcenter_img Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoYahoo! SearchResearch Car Donation For CharitiesYahoo! SearchUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoGameday NewsNASCAR Drivers Salaries Finally ReleasedGameday NewsUndo Share BARCLAYS is set to pay £500m to settle claims its traders tried to manipulate foreign exchange benchmarks.“These are ongoing discussions with certain regulatory agencies,” said finance director Tushar Morzaria.The news came as Barclays reported pre-tax profits of £1.59bn for the third quarter, up 14.8 per cent on the year.Revenues slid one per cent to £6.4bn, but credit impairments also dipped 29.5 per cent to £509m, and net operating expenses fell one per cent to £4.3bn.By business unit, profits rose 11 per cent in personal and corporate banking to £789m, and 16 per cent to £362m at Barclaycard.But investment banking profit dived 39 per cent to £284m. African profits also slipped nine per cent to £272m.Meanwhile, UK banks are braced for a tougher limit on how much they can lend against a given capital buffer, as the Bank of England will today set out its plans for the leverage ratio.International regulations set the ratio – an unweighted backstop intended to stop banks over-stretching themselves – at three per cent, or 33-times leveraged.This is expected to be changed to at least four per cent – 25-times leveraged – with extra layers possible for the biggest banks. The Bank will also set out a timeline, which could give banks as much as five years to hit the ratio.Barclays’ ratio stands at 3.5 per cent, meaning it has more to do than the other big UK banks. Its shares rose 0.93 per cent yesterday. Tags: Barclays Company Forex rate-rigging scandallast_img read more

Prudential lifts new business profits despite annuity slump

first_img whatsapp Share Caitlin Morrison More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comColin Kaepernick to publish book on abolishing the policethegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tuesday 18 November 2014 8:22 pm Show Comments ▼ Insurance giant Prudential grew its new business profit by 17 per cent in the first nine months of 2014, up to £1.5bn from £1.4bn in the same period of last year.The company reported that UK new business profit grew by 28 per cent in the first three quarters, to £209m, while annual premium equivalent (Ape) sales increased by 20 per cent to £648m. According to Prudential, its UK business “continues to focus on its core strengths of with-profits and retirement solutions”. Individual annuities in the firm’s UK and Eur­ope insurance operations fell by 47 per cent in the first nine months of the year, dropping from £1.6bn to £861m. The company said this reflected the slowdown in the market, which followed the UK government’s introduction of reforms to the pension industry. In the company’s Asian operations, new business profit grew by 15 per cent to £775m, with Ape sales up by 14 per cent. Prudential chief executive Tidjane Thiam said this demonstrated the strength of the company’s “broad-based regional platform”. Thiam added: “Our performance in 2014 across geographies is strong: our disciplined execution in pursuing clearly defined long-term opportunities in Asia, the US and the UK, has continued to drive profitable growth, in spite of a challenging environment. We re­main confident ab­out our prospects for the rest of the year and our ability to create lasting long-term value for our customers.” Prudential lifts new business profits despite annuity slump whatsapp Tags: Company Prudentiallast_img read more

UK house prices come roaring back in January: Mortgage rates, stamp duty or just an outlier?

first_img Share UK house prices come roaring back in January: Mortgage rates, stamp duty or just an outlier? The night is always darkest before the dawn, but house prices have skipped the daybreak formalities to come bouncing back.According to Halifax, the figures are bullish: 1.9 per cent quarterly growth hasn’t been seen since September, and the two per cent monthly bounce hasn’t been bested since last February. Annually, and perhaps most reliably, the rate is 8.5 per cent across the UK, the highest growth has been since October. All smiles. But why the bounce? Howard Archer of IHS Global Insight is not filled with the optimism the figures suggest. He emphasised:We have little doubt that the spike in house prices in January reported by the Halifax is an outlierBut, nevertheless, he believes the period of weak growth and contraction could be nearing an end.we do suspect that the weakness in housing market activity may be bottoming out and we see activity picking up to a limited extent in 2015 from current levels. This suspicion is tentatively supported by the Bank of England reporting that mortgage approvals improved to 60,275 in December from November’s 17-month low of 58,956.Of course, not too much should be read into one month’s data and mortgage approvals are still at a low level. Indeed, at 60,275 in December, mortgage approvals were still 20.2 per cent below the 74-month high of 75,557 seen in January 2014.Halifax believes that, although it is too soon to draw any conclusions, the bounce could be related to stamp duty changes and lower mortgage rates. Martin Ellis, Halifax housing economist, also pointed to other outlying data seen during Januaries past:These improvements may indicate that the recent declines in mortgage rates, the reform of stamp duty and the first increases in real earnings for several years are providing a modest boost to the market. It is, however, too early to draw any firm conclusions. The monthly figures in January can be particularly volatile due to the lower volumes of activity at this time of year and there have been unusually large rises on occasion in the past, such as in 2007 (2.3 per cent) and 2009 (2.4 per cent). Tags: UK house prices whatsapp Thursday 5 February 2015 4:28 amcenter_img Show Comments ▼ whatsapp Billy Ehrenberg last_img read more

Businesses don’t hate plans by the Low Pay Commission to raise the minimum wage by three per cent

first_img Businesses don’t hate plans by the Low Pay Commission to raise the minimum wage by three per cent Tags: employment and wages UK jobs whatsapp The CBI has welcomed a recommendation by the Low Pay Commission, the body which advises the government on the minimum wage, to raise it by three per cent.Katja Hall, the body’s deputy director-general, called the plans a “careful balance”.  In a letter to the Secretary of State today, the Commission suggested raising the national minimum wage to £6.70 from £6.50, its biggest ever real-terms increase, from October this year.For those between the ages of 18-20, it would rise 3.3 per cent to £5.30, while 16-17 year olds would be awarded a 2.2 per cent increase, to £3.87, and Apprentices’ wages would rise 2.6 per cent, to £2.80.With inflation now forecast at 0.5 per cent, the LPC said such a hike would take the minimum wage’s estimated real value three-quarters of the way back to its highest ever level.”Influential in our recommendation has been evidence of strong employment growth in low-paying sectors,” it added.Hall said businesses would particularly welcome a commitment to to review a rise if improvements to the business environment fail to materialise. The national minimum wage has been one of the most successful policies of our time thanks to the independent recommendations of the Commission, helping many low-paid workers without damaging their job prospects. But she cautioned politicians against “artificial” hikes to the wage. Any artificial increase due to political expediency will help no-one and ultimately damage one of the most successful government policies in recent years. The number of people earning the minimum wage has risen from 900,000 at the beginning of the financial downturn, to 1.4m now.   Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Sharecenter_img Emma Haslett Monday 23 February 2015 12:30 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com whatsapplast_img read more

Nigel’s voting for Ukip but Samantha is not backing the Tories: How your name could determine which party you vote for in General Election 2015

first_img whatsapp Show Comments ▼ Tags: General Election 2015 Seemingly irrelevant cognitive biases impact how we vote whatsapp Nigel’s voting for Ukip but Samantha is not backing the Tories: How your name could determine which party you vote for in General Election 2015 center_img He might not want it made public, but your friend Tim is probably going to vote for the Lib Dems. Charlotte has plumped for the Tories, but Samantha is distinctly lukewarm on Cameron. Jill is almost certainly going to vote Ukip (as is Nigel, naturally) while Michelle is leaving her mark in Labour’s box.  At least that is the claim by YouGov, which has analysed voting intentions when compared with names.  Nigels, for example, are twice as almost likely to vote Ukip than the national average – 31 per cent versus 16 per cent. But they are least likely to vote for Labour, along with Nicks and Jonathans.  [infographic id=”30″] Joe Twyman, head of political and social research at YouGov, told City A.M. the data – which was drawn from 46,000 people – said it was not that Nigels were following their namesake Farage, but rather demographics.  “What it’s picking up on is that Nigel tends to be an older man’s name – the same with Colin and Gary and so on. These are not names that young people tend to have. And Ukip tends to appeal to older men. “There’s a strang relationship between names and specific demographics,” he added. “That’s why you can get into a situation where 31 per cent of Nigels will vote Ukip.” Spelling and abbreviations also showed statistical differences, Twyman said. Carole with an e, for example, is more likely to vote Lib Dem and very unlikely to vote Consevative, but remove the e and her preference for the Tories rockets up.  Dave is much more likely to vote Conservative (109 out of 130) than Davids (just 59).  [infographic id=”31″] Monday 13 April 2015 9:09 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health Labszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlush Catherine Neilan Sharelast_img read more

Long road to recovery for oil price

first_imgGLOBAL oil markets may take longer to tighten than expected due to a surge in supply from the Organisation of the Petroleum Exporting Countries (Opec) and a potential rise in Iranian exports, even though it looks like demand is beginning to strengthen, the International Energy Agency said in its monthly market update yesterday. Long road to recovery for oil price Show Comments ▼ Tags: Oil prices whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFoodmzIf You Eat 3 Dates Every day For 1 Week This Is What Happens To Your BodyFoodmzWorld of sportTop 20 Healthiest Cities in America in 2021World of sportlivestly.comThe New Designer Dogs (No More Labradoodles)livestly.comReport Globe8 Most Deadly Dog BreedsReport GlobeSee What Full Mouth Dental Implants May Cost You | Sponsored ListingsScottsdale: Here’s What Full Mouth Dental Implants Should CostSee What Full Mouth Dental Implants May Cost You | Sponsored ListingsNutrition Explained10 Ways to Obtain 20/20 Vision NaturallyNutrition ExplainedMoney PopMansion Was On Market For $10 But Nobody Wanted ItMoney PopNinjaJournalist30+ Times That Pets Were Caught Being CheekyNinjaJournalistFinance BLVDThis Star from ‘Gilligan’s Island’ is 101 & lives a humble life nowFinance BLVDcenter_img Share Express KCS Wednesday 15 April 2015 8:52 pm Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily Prooflast_img read more

Nepal Earthquake 2015: UK, USA and EU send millions in aid to combat crisis

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily Proof Joe Hall Show Comments ▼ whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushUndo Tags: NULL Nepal Earthquake 2015: UK, USA and EU send millions in aid to combat crisis Tuesday 28 April 2015 9:18 am Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Share NULL whatsapplast_img read more

Goldman Sachs slashes its oil price forecast for the next five years

first_img Tags: Goldman Sachs Oil prices whatsapp Share whatsapp Show Comments ▼ Emma Haslett The good news is that after months of falls, oil prices have begun to tentatively rise (although that was thanks to fighting in Yemen and Iraq). The bad news is that Goldman Sachs doesn’t think it’s going to last: the investment bank has slashed its oil price forecasts for the next five years.In a note published over the weekend, Goldman said the average 2016 Henry Hub natural gas price (a benchmark used by the industry) will fall to $3.50 per mmbtu (a measure of the energy content in fuel), down from $3.80 earlier, thanks to the glut in US shale supply and Opec’s refusal to cut productivity.It added that throughout 2016-2020, there’s likely to be a $5 per barrel spread between Brent and WTI crude. However, it also raised its expectations for Brent crude this year, to $58 per barrel from $52, while its outlook for WTI crude rose to $52 per barrel, from $48. Earlier this month, Goldman said the the recent rally in oil prices was “premature”, and that they are likely to fall further in the coming months, despite fighting in the Middle East.  Monday 18 May 2015 8:41 am More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Goldman Sachs slashes its oil price forecast for the next five years last_img read more

Olympic medallist Sir Chris Hoy is joining forces with Pure Gym

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Funzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSinglesTotal Battle – Tactical Game OnlineThe Most Addictive Strategy Game of 2021Total Battle – Tactical Game OnlineTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveLivestlyThe Best Redhead Actresses, RankedLivestly Olympic medallist Sir Chris Hoy is joining forces with Pure Gym Share Express KCS whatsapp Wednesday 24 June 2015 8:34 pmcenter_img More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ OLYMPIC Gold medal winner Sir Chris Hoy has joined forces with Pure Gym after investing an undisclosed sum in the fast-growing budget fitness chain. The cyclist and six-time Gold medal winner, who retired two years ago, has agreed to join the group as an ambassador and special adviser to help improve customer experience, Pure Gym announced today. The news came as the private-equity backed group, which has ambitious growth plans, launched its 100th club in Kilbride in Scotland this week.The company agreed to buy LA Fitness and its 43 stores last month. “We are absolutely delighted that Sir Chris Hoy is joining the Pure Gym family as an investor and adviser,” Pure Gym’s chief executive, Humphrey Cobbold, said.“Chris is a truly outstanding sportsman and a superb technician in terms of training expertise. As a multi Olympic medal winner he is well placed to advise on strengthening our product offering and services.” whatsapp Tags: Olympics 2016last_img read more

Weak performance in mining sector is a drag on the FTSE – London Report

first_img More From Our Partners Kamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com whatsapp Express KCS Weak performance in mining sector is a drag on the FTSE – London Report Show Comments ▼ whatsapp WEAK mining stocks and persistent concerns over Greece’s debt problems weighed on the UK market yesterday.The benchmark FTSE 100 equity index closed down 0.5 per cent at 6,807.82 points.Miners took most points off the index, with the FTSE 350 Mining Index falling 1.8 per cent as copper prices lost ground.The FTSE 100 is about four per cent below a record high of 7,122.74 points reached in April as worries about Greece’s fate have knocked back European markets in the last month.Without a cash-for-reform deal soon, the chances of Greece avoiding a default to the International Monetary Fund (IMF) look slim. Failure to repay €1.6bn (£1.14bn) owed to the IMF next week could trigger the risk of Greece sliding out of the Eurozone.“I don’t think we’ll see much major progress until the Greek situation becomes clearer,” said Central Markets trading analyst Joe Neighbour.Insurance company Admiral fell 1.6 per cent after Citigroup downgraded the stock to “sell” from “neutral”.Software company Sage rose 3.9 per cent to recover from hefty losses in the previous session as Investec Securities raised its rating on the stock. Share Thursday 25 June 2015 8:43 pm Tags: Company FTSE 100last_img read more