Finance News

HSBC shares FALL despite profits of £8.2BILLION

EUROPEAN shares floundered on Monday in cautious trading as Europe’s biggest bank HSBC disappointed investors, while doubts over a planned $ 87 billion tie-up with Praxair sank shares in German industrial gases group Linde. Daily Express :: Finance Feed

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Classic car cover steered to happy ending

A CONVIVIAL summer spent visiting classic car shows was the plan for one vintage vehicle fan until confusion over his motor insurance pulled him up short. Clive Rudd’s concern centred on the public liability condition of the specialist cover for his classic 1967 Austin Cambridge. Daily Express :: Finance Feed

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Heat set to melt frosty UK growth

UK economic growth is expected to have rebounded in the second quarter, with analysts forecasting sunnier news from official figures to be released this week. Economists are forecasting that gross domestic product growth returned to 0.4 per cent between April and June, according to consensus estimates. Daily Express :: Finance Feed

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Services and retail power UK pick-up

Britain’s economy has recovered from its slow start to the year, data from the Office For National Statistics is expected to show on Friday. It will say that UK gross domestic product grew by 0.4 per cent during the second quarter, double the rate in the first, which saw economic activity disrupted by the weather. Daily Express :: Finance Feed

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