Gold hits record high amid geopolitical worries; Lloyds Bank profits drop 20% – business live
Spot price of gold is approaching $3,000/ounce while Lloyds profits are hit by new £700m provision in motor finance scandalLloyds puts aside a further £700m for compensation over car finance scandalIn another worrying economic signal, a third of UK small businesses are planning to axe jobs amid worries over soaring staff costs.A poll of nearly 1,400 firms by the Federation of Small Businesses (FSB) in the final quarter of last year revealed that 33% expect to reduce their workforces, up from 17% in the previous three months. Continue reading...
Spot price of gold is approaching $3,000/ounce while Lloyds profits are hit by new £700m provision in motor finance scandal
In another worrying economic signal, a third of UK small businesses are planning to axe jobs amid worries over soaring staff costs.
A poll of nearly 1,400 firms by the Federation of Small Businesses (FSB) in the final quarter of last year revealed that 33% expect to reduce their workforces, up from 17% in the previous three months. Continue reading...
