Fresh tariff escalation dims FTSE prospects
September 17, 2018 9:59 AM
Another week, another trade tariff battle.
As the US and Chinese negotiators are looking to set a date for a fresh round of trade talks President Trump continues to escalate the pressure on his counterparts to gain leverage ahead of potential negotiations.
European stocks reacted with a slide this morning although the FTSE 100 held up better than the CAC and the DAX.
Industry expects economy to slow but households remain optimistic.
In contrast, UK households seem to be unjustifiably relaxed about their financial situation in the year ahead.
UK investor to vote against Unilever moving its HQ
Aviva Investors, one of the top shareholders in Unilever, plans to fight against the company’s plan to close its UK headquarters and move all of its key operations to Netherlands, a decision largely forced by Brexit.
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