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Home > Blogs > QFINANCE Editor > QFINANCE: financial news roundup (August 8 - 14, 2014)

QFINANCE: financial news roundup (August 8 - 14, 2014)

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Each week QFINANCE.com brings you some of the biggest news stories from the past five days in finance and business – essential reading to keep you up to date with the latest topics.

If you have any views on how we can improve this service or new areas you would like to see covered, please do not hesitate to contact us at qfinancenews@bloomsbury.com


Thursday August 14


Growth in the EU is stagnating, with both France and Germany recording worse than expected performance, the BBC reported.

Related article: Europe’s Surplus of Stagnation

Newly published figures showed that the first half of 2014 was the most popular period ever for tourism in the UK, the BBC reported, with 16.41 million tourists between January and June, an 8% rise on the same period in 2013.








Wednesday August 13


A deep deflation is hitting Portugal, the Telegraph reported, while Italy's inflation rate has fallen to zero, putting pressure on the European Central Bank (ECB) to act.

Related article: Europe's debt wish

“Russia has become vulnerable,” the Telegraph reported, with oil prices reaching a nine-month low on 'glut' warnings as a direct result of the crises in Russia and Iraq.








Tuesday August 12


The UK’s wealth management industry is changing drastically following new regulation, the FT reported, which paves the way for the growth of independent firms alongside some big banks.

Related concept: Forget Sovereign Wealth Funds

Balfour Beatty has rejected a second merger proposal from building rival Carillion, the Independent reported, insisting on an independent future.








Monday August 11


Leading oil and gas groups are selling assets and taking debt, the Telegraph reported, to cover a shortfall in cash, “calling into question the long-term viability of large parts of the industry.”

Related article: EU and US sanctions on Russia bite both ways

Alex Salmond admitted that “There is no ‘Plan B” if an independent Scotland is barred from using the British pound, the Daily Mail reported.








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