Articles by Pramod Sharma

Email : p.sharma@ibtimes.co.uk

UK retirement

The UK can boost its GDP by £80bn if more of the nation's senior citizens continued to work

PwC's "Golden Age Index" has revealed that the UK can learn from Sweden's retirement practices.

Jun 20, 2017

London Skyline

Fall in consumer spending slows UK economic growth to about half of 3-year-average

The CBI report estimated a 0.2% economic growth for Q1 2017.

Jun 20, 2017

Wolseley to cut up to 800 jobs and close about 80 branches as part of a turnaround and repositioning strategy

Wolseley ends Q3 with strong revenue growth

The firm received £94m for the merger between Tobler and Walter Meier.

Jun 20, 2017

Boeing

Boeing gets orders for 20 737 MAX10 jets at Paris Air Show as Airbus unveils new A380 model

Boeing did not say who had placed the orders for the jets but said it showed strong demand for the new model.

Jun 19, 2017

Blackstone Stephen A Schwarzman

Blackstone purchases majority stake in The Office Group as Brexit talks begin

The Office Group has clients such as Facebook, Coca-Cola, and Santander.

Jun 19, 2017

JPX

Asian markets rally after Macron majority, defy subdued Wall Street sentiments

The Hang Seng and Nikkei soared by 0.99% and 0.61%, respectively.

Jun 19, 2017

Country ranking

It is cheaper to host a barbeque party in UK than in US or Japan

The ECA's "International Cost of Grilling Index" ranks the UK as the 8th most expensive country to host a barbeque.

Jun 17, 2017

Greece debt restructuring success

The EU and IMF commence the next phase in solving the Greek debt crisis

The EU council has granted €8.5bn to Greece, while IMF director Christine Lagarde proposes an Approval in Principle.

Jun 16, 2017

Commuters

UK healthcare sector to face substantial skills gap as Brexit looms

The media, and financial services sectors could also be severely affected.

Jun 15, 2017

ASX

Asian market investors spooked by Fed rate hike and Trump probe

The Hang Seng and S&P/ASX fell by 0.92% and 1.21% respectively.

Jun 15, 2017

UK housing

Bellway reports strong sales demand as it regains five-star status

The residential property developer's operating margin is estimated to be slightly in excess of 22%.

Jun 14, 2017

Shanghai stock exchange

Asian markets mixed as investors weigh Chinese economic data and await US Fed decision

The Shanghai Composite rose by 0.58% during midday trading hours.

Jun 14, 2017

virtual reality experiment

UK entertainment and media industry projected to drastically change by 2021

PwC report forecasts a 3% compounded annual growth rate for the sector's revenue to £72bn by 2021.

Jun 14, 2017

Virtual Reality

Outsourced employees

Capita on track to continue with restructuring initiative

The outsourcing firm has managed to obtain contracts that include Three UK.

Jun 13, 2017

ASX

Asia: Markets recover after Monday's tech stock price correction

The S&P/ASX rallied by 1.46% during midday trading hours.

Jun 13, 2017

HKEX

Asia: Markets plummet after tech stocks decline on Wall Street

The Nikkei fell by 0.57% while the Hang Seng declined by 1.17%

Jun 12, 2017

UK umbrella in Canary Wharf

Election aftermath: UK economy closely watched by rating agencies for potential downgrade

S&P, Fitch, and Moody's are monitoring developments in the UK economy after the destabilising election.

Jun 10, 2017

British Gas axes 500 jobs with closure of its loft and cavity wall insulation business

British Gas owner Centrica to sell Canadian oil and gas joint venture stake to consortium

The consortium, which includes MIE Holdings and Mercuria, would purchase the stake for £240m.

Jun 9, 2017

JPX

Asia: Markets send mixed signals as investors try to make sense of UK election results

The Nikkei rose by 0.52% while the Hang Seng dropped by 0.45%.

Jun 9, 2017

Goodman Masson, Cisco Systems and HomeServe are the top three UK companies for best work-life balance, Glassdoor says

British employees confess colleagues, not mobile phones are their greatest source of distraction

The Clarendon London survey revealed that 20.3% of employees cited colleagues as the greatest source of distraction.

Jun 9, 2017

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