Markets not live, Wednesday 22nd January 2020

On Thursday Bloomberg reported that Warburg Pincus had “recently held discussions” about buying Quilter, the drab UK money manager. "While Warburg Pincus isn’t currently in formal talks with Quilter, it remains interested in a potential deal,” the rep...

U.K. employment grows by 208,000 as weekly earnings growth stays at 3.2%

U.K. employment grew by 208,000 in the three months to November as the unemployment rate stayed at 3.8%, the Office for National Statistics reported Tuesday. Average weekly earnings stayed at 3.2%, and the claimant count for December edged up to 3.5% from 3.4%. The British pound rose after the publication of the data, with sterling rising to $1.3028 versus Monday's close of $1.3009.

BAE Systems to snap up Collins GPS business for $2bn

UK defence group BAE Systems has unveiled plans to scoop up Collins Aerospace’s military global positioning system business as well as Raytheon’s airborne tactical radios business in deals worth $2.2bn. The FTSE 100 company said it has forged an agree...

European stocks edge lower while oil climbs

European stocks slid lower after a senior UK government minister warned Britain would no longer be in the single market or the customs union, while Asian markets were mixed in overnight trade. US markets are closed for the Martin Luther King Jr holida...

“A budget is telling your money where to go instead of wondering where it went”

Dave Ramsey
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