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U.K. markets news

Netflix Has Record-Breaking Fourth Quarter In 2017, Exceeds $11B In Revenue
Dana Feldman , Contributor I am a freelance journalist covering breaking news and entertainment. Opinions expressed by Forbes Contributors are their own.
The Crown propels Netflix to value of more than $100 billion  Telegraph.co.uk
Netflix valuation breaks $100bn for first time  The Guardian
The Straits Times  
Managers in firing line as Tesco jobs go
Hundreds of jobs at Tesco are under threat after it announced sweeping changes to management in an attempt to reduce costs and hit strict targets.
Tesco to shed up to 1700 jobs in new management shake-up  The Guardian
Tesco to axe 1700 shop floor roles across its stores in bid to 'simplify ...  Mirror.co.uk
Trump tax cuts will bring short-term global growth surge, says IMF
The global economy will grow faster than expected this year and next as Donald Trump's corporate tax cuts provide a short-term shot in the arm, despite fears over rising inequality and overheating financial markets, the International Monetary Fund has ...
IMF hails 'broadest' upsurge in global growth since 2010  Financial Times
IMF says tax overhaul will help boost US and global growth … for now  CNBC
Jaguar Land Rover to cut production at Halewood plant
The company cites concerns over Brexit and uncertainty over diesel's future for the "temporary" adjustment to vehicle output.
Jaguar Land Rover to cut production at Halewood factory  Daily Mail
Jaguar Land Rover to cut UK car production in the coming months amid Brexit ...  City A.M.
Struggling Lonmin sinks to $1bn loss
A billion-dollar writedown pushed Lonmin deeper into the red last year as low platinum prices and rising costs took their toll. The miner, which is set to be bought by a local rival, reported a $1.17 billion loss in the year to last September.
Lonmin delivers $1.2bn loss in final results  Telegraph.co.uk
Lonmin swings to $1.2bn loss on impairment charge  Financial Times
4 Japanese tourists charged more than US$1000 for Venice meal; mayor pledges ...
ROME: The mayor of Venice has vowed to investigate after four Japanese tourists claimed they were charged €1,100 (US$1,349) for a plate of fried fish, four steaks and some mineral water, according to reports.
Venice restaurant charges tourists �970 for meal - They call the police  The Independent
$1800 for steak and fried fish: Meal bill outrage in Venice  Stuff.co.nz
Construction boom 'will be held back by skills gap'
Specialist craftsmen have been vital in the restoration of Glasgow School of Art after the disastrous fire of 2014. In future they may be in short supply unless more are trained or foreign workers are allowed in, says the Federation of Master ...
Carillion workers may benefit as construction skills shortages hit record levels  expressandstar.com
Shortage of construction workers reaches record high, study warns  shropshirestar.com
Bookmakers pay the price for failure to clean up their act on FOBTs
Bookmakers usually celebrate when a heavily backed favourite gets beaten on the line - but not this time. If the Sunday Times's confident report that the culture secretary, Matt Hancock, will cut maximum stakes on fixed-odds betting terminals (FOBTs ...
It looks like bookies will be BANNED from letting punters stake �100 on ...  ChronicleLive
Bookmakers' shares fall on fears of UK government clampdown  RTE.ie
3% Brexit hit? It's really not a worry
A LEADING opponent of Brexit has admitted the economy is likely to do better this year than many predicted. Lord O'Neill, a former Treasury minister and Goldman Sachs economist, said the benefits of global growth in coming years will also 'easily dwarf ...
How can Britain's second cities get a second wind?  Telegraph.co.uk
Lord O'Neill: Brexit Damage to UK Economy Could be 'Dwarfed' by ...  Finance News (press release)
Get your stuff and go: Amazon opens store with no cashiers
SEATTLE (AP) - No cashiers, no registers and no cash - this is how Amazon sees the future of store shopping. The online retailer opened its Amazon Go concept to the public Monday in Seattle, which lets shoppers take milk, potato chips or ready-to-eat ...
Amazon Go: convenience and concern at new checkout-free corner shop  The Guardian
Is Amazon Go's checkout-free store the future of retail, or just an ...  New Atlas