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Michael Gordona

Michael Gordona is the Business and Economics Editor at Investor Times
Manufacturers stockpile at record levels

UK Manufacturers stockpile at record levels

UK Manufacturing hit a 13-month high in March, as companies stepped up production in advance of Brexit, with stockpiling rising to record...

Most expensive cities in the world

The 2019 Worldwide Cost of Living survey by the EIU has revealed the top ten most expensive cities. For the first time...
Employment rate highest since 1971

UK employment at highest level for 48 years

UK employment rate hit its highest level since 1971, with unemployment falling to 3.9% in the three months...
JD Sports buts Footasylum for £90.1m

JD Sports to buy Footasylum for £90 million

JD Sports has made an offer to buy clothing and shoe retailer Footasylum for £90.1 million. JD, which acquired approximately 18.7 per...
691 million contactless card transactions in the UK in December 2018

691 million contactless payments in one month

There were 691 million contactless card payments in the UK in December 2018, a 27.5 per cent increase from the same month...
Smith & Nephew buy Osiris Therapeutics

Smith & Nephew buys US company for $660 million

Smith & Nephew plc, the global medical technology business, has agreed to buy Osiris Therapeutics, Inc. for approximately $660 million.
UK Economy bounces back in January

Economy bounces back in new year

The UK economy bounced back in January with GDP rising by 0.5%, offsetting the -0.4% decline in December.
Natioal Grid buys Geronimo Energy

National Grid to buy US wind and solar energy developer

National Grid has agreed to buy Geronimo Energy, a leading clean energy developer based in Minneapolis, Minnesota for $100m, with potential further...
UK Economy close to stagnation

UK Economy close to stagnation

The UK ecomony is close to stagnation and on course to grow just 0.1% in the first quarter, according to the latest...
Construction declines for first time in 11 months

Construction down for first time in 11 months

Construction activity has declined for first time in 11 months. February's IHS Markit/CIPS UK Construction PMI dropped to...
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