British pop bubble bursts – but Robbie Williams still flies the flag

The world isn’t listening to as much UK music as it did, recent research has found, as new technology allows global audiences to listen to more homegrown artistsWhen John Lennon declared that the Beatles were more popular than Jesus, his boast did not seem far-fetched. It was 1966: rock’n’roll was the new religion, and it […]
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Nationwide helps first-time buyers with a record low 2.54% rate

But the mortgage is part of the government’s Help to Buy scheme which is new-build only, sparking fears it will fuel another housing market bubbleNationwide building society has launched the lowest-ever mortgage rate for first-time buyers, offering a rate of just 2.54% fixed for two years, available to borrowers with a deposit of just 5%.But […]
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UK has until July to implement tougher energy market rules

EU Regulation on wholesale energy markets and transparency (Remit) is designed to prevent price fixing by oil and gas firmsThe government has so far failed to introduce measures from Brussels to crack down on oil and gas market abuse more than 18 months after it was told to and despite a flurry of price-fixing claims.Under […]
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UK’s first Boeing 787 Dreamliner touches down

Delivery from Boeing’s factory in Seattle to Thomson Airways was three months late after airline maker grounded its entire fleet over safety concernsIt was three months late, but Britain’s first Boeing 787 Dreamliner touched down on Friday at Manchester Airport.The delivery from Boeing’s factory in Seattle to Thomson Airways, planned for February, was delayed after […]
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How to get started – and survive – in the fashion industry: Q&A roundup

Last week a panel of experts answered questions about starting up a fashion business. Here are the highlightsLisa Keir is brand communications manager at Cruise, a luxury designer clothes retailerHow to get your name out there: Paid advertising and affiliates can be effective but when you are starting off and have a limited budget you […]
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Chinese steelmakers question Platts pricing data on iron ore

Chinese doubt follows raids connected to alleged manipulation of oil marketsConcerns about the accuracy of benchmarks published by price reporting agencies (PRAs) has spread to the iron ore markets with Chinese steelmakers questioning the reliability of indices from Platts.The China Iron & Steel Association and one of its largest members, Jiangsu Shagang, believe benchmark numbers […]
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Nasdaq to pay $10m government fine over disruption to Facebook’s IPO

SEC levies biggest penalty ever against exchange after computer glitches delay start of heavily anticipated trading dayNasdaq has agreed to pay a $10m penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year.The Securities and Exchange Commission said Wednesday that the penalty is the largest […]
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Markets rise as US homes see biggest price gains in years

S&P/Case-Shiller index reports prices 10.9% higher in March than a year earlier, spurring rally on US stock marketsUS house prices were 10.9% higher in March than a year earlier, the largest increase in close to seven years, according to a closely-watched index tracking home prices in 20 major cities. The news, and signs of growing […]
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