Words by Christian Muller
It was a tale of two halves... bisected again and again until you couldn't really tell what was up and what was down in the markets today. The benchmark Shanghai Composite Index plunged another 7.6 per cent, totalling 15 per cent since yesterday morning; that leaves China down 42.6 per cent from the heady heights of June.
Read MoreBusinesses can apply for a share of a £2 million grant by Innovate UK encouraging early stage business projects that “seek innovative ways to improve the performance of materials in severe, aggressive or demanding conditions.”
Read MoreThe Chinese stock market plummeted by its largest margin since 2007 this morning. The Shanghai Composite Index, suffering fell over 8.5% this morning, kickstarting a string of losses and sell offs across global markets. Local media outlets in China are calling it “Black Monday”.
Read MoreStock markets continued to tumble following China’s factory output slump and the Greek Prime Minister Alex Tsipras' resignation. Oil crashed to its lowest level since March 2009, reaching $46.32 per barrel. It’s heading for its eighth straight weekly decline; not since 1986 has the run been so long.
Read MoreAuto enrolment is being extended to firms with fewer than 30 employees. The new pension rules encourage employees to start saving for retirement with employers and the government contributing the pot automatically. For many employers, particularly small and micro businesses, the introduction of automatic enrolment is a new and unfamiliar process.
Read MoreThe Bank of England surprised the markets today by deciding 8-1 not to raise interest rates. Analysts had expected a rate hike following pay rises and increased growth.
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