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U.K. markets news

Countrywide boss resigns as shares hit new low
In a brief statement the company behind high street chains including Hamptons and Taylors said Alison Platt, who joined in 2014, would be replaced by Peter Long, who will lead the company as executive chairman until a successor is appointed.
Countrywide chief Alison Platt quits  The Times
Countrywide boss resigns after profit warning sends shares to new low  Telegraph.co.uk
Belfast Telegraph  
Trump's choice Jerome Powell approved as Federal Reserve head
Donald Trump's choice for the next head of the US central bank - the world's most powerful economics job - has been approved by US senators.
Senate Confirms Jerome H. Powell as Fed Chairman  New York Times
US Senate Approves Jerome Powell to Succeed Janet Yellen as Fed Chair  Fortune
WH Smith High Street sales still falling
WH Smith's High Street sales have continued to fall, but the bookseller and stationer has had another rise in sales at its travel outlets.
WH Smith laments lack of literary fads  Financial Times
Not so funny: WH Smith high street sales buffeted by decline in spoof humour ...  City A.M.
Cost of motor insurance jumped by �30 last year
Insurers say that the average cost of motor insurance has jumped by �30 over the past year to reach a new record high of �493. Picture: Lauren Hurley/PA Wire.
Car insurance premiums set new UK record  Insurance Business
Motor insurance premiums rise again  Insurance Times
Thousands of tons of UK plastic dumped across world
Thousands of tons of plastic scrap collected for recycling from British households have been transported and dumped on sites across the world, a Sky News investigation has revealed.
China's waste import ban upends global recycling industry  The Japan Times
Smugglers defy China ban on waste plastic  The Times
Markets have 'very little capacity' to deal with rate moves, Barclays CEO says
Capital markets have very little capacity to deal with a move in real interest rates, Barclays Chief Executive Jes Staley told a panel during the World Economic Forum in Davos, Switzerland.
Does the world economy look too good?  BBC News
Global finance executives warn of 2006 parallels  Irish Examiner
Stripe in Bitcoin hype flight while fans blindly gobble up crypto-cash
Roundup Payment biz Stripe on Tuesday said it plans to phase out support for Bitcoin payments - citing declining interest among merchants and rising transactions times and fees.
Stripe to ditch Bitcoin payment support  BBC News
Bitcoin price LIVE: Bitcoin rises but major firm scraps support for day-to ...  Express.co.uk
Elon Musk Will Not Get Paid Unless Tesla Meets Ambitious Goals
Tesla announced Tuesday that Elon Musk will stay on as the company's CEO for the next decade. The announcement ended much speculation about whether Musk would continue to serve as the chief executive after the next two years.
Tesla's Targets for Elon Musk Would Put His Pay in Orbit  New York Times
Elon Musk will get nothing if Tesla fails, almost everything if it succeeds  Mashable
What could China do in a US trade war?
President Trump's backing for slapping tariffs on imports of washing machines and solar panels will hit China and South Korea hardest.
Trump's Solar Tariff Is Bad, But Not a Huge Deal  Bloomberg
Donald Trump's tariffs on panels will cost US solar industry thousands ...  The Guardian
Welsh hotel wins European title in TripAdvisor awards for best value
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St Andrews B&B named one of the world's best by TripAdvisor  The Courier
TripAdvisor names its Top 10 Irish hotels for 2018  Independent.ie