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U.K. markets news

US economy adds 178000 new jobs making Fed rate hike likely
Shoppers with their arms full walk to their cars during the Black Friday sales at a Best Buy store in Culver City, California. Photograph: Mark Ralston/AFP/Getty Images.
FTSE 100 falls as solid US jobs data supports Fed rate hike later this month  Telegraph.co.uk
'Huge drop' in unemployment is giving a clear signal about interest ...  CNBC
TheStreet.com  
'Regions would have faced contraction' without rate cuts and money printing
Britain's poorest regions would be worse off if the Bank of England had not cut interest rates or introduced its money printing scheme following the financial crisis, its chief economist has said.
Bank of England must be wary of interest rate rise, says chief economist  The Guardian
Don't hike interest rates too fast, says BoE economist  Telegraph.co.uk
Network Rail to be 'stripped of control' over Britain's train tracks
Network Rail is to lose control over Britain's train tracks as power is handed to private operators in a major shake-up of the railway system, the government will reportedly announce next week.
Network Rail 'to lose control of track maintenance'  News & Star
Network Rail to be stripped of control over Britain's train tracks as ...  Telegraph.co.uk
Vegetarian cafe refuses to accept �5 note made with animal byproduct
The Rainbow cafe in Cambridge has been runnerup in the Observer Food awards ethical restaurant section for five years. Photograph: PR.
Vegetarian cafe owner refuses to accept the new plastic fivers because they ...  Daily Mail
Vegetarian caf� owner who refuses new �5 notes 'absolutely devastated ...  ITV News
Italy referendum defeat would complete Matteo Renzi's rapid downfall
When Matteo Renzi strode into the Italian prime minister's residence of Palazzo Chigi 34 months ago, having outmanoeuvred the old guard in his party to become the country's leader, he was widely regarded as Italy's last best hope.
Italy votes for new constitution amid political turmoil  Aljazeera.com
'No' vote in Italy referendum could lead it out of Europe and spark ...  Daily Mail
Bell tolls after 500 years for UK's oldest manufacturers
BRITAIN'S oldest manufacturing firm The Whitechapel Bell foundry, is set to close at its current site and bring an end to a family business that has run for almost 500 years.
Whitechapel Bell Foundry to ring in new era as owner sells site  The Guardian
East London's Whitechapel Bell Foundry's owners reveal it is to ...  Daily Mail
Local shop prepares for Small Business Saturday
Kathleen Fraser, owner of Wool for Ewe in the city's Rosemount area, is involved in Small Business Saturday, a campaign that urges shoppers to think local when it comes to buying gifts.
Today's the day: Small Business Saturday is back for a fourth time  City A.M.
Why we should support Small Business Saturday  Telegraph.co.uk
INVESTMENT FOCUS-Back to Brexit for sterling
LONDON, Dec 2 (Reuters) - It has been a difficult week for investors betting against sterling on worries about the shape of Britain's exit from the European Union.
Sterling gains ground against euro and dollar  International Business Times UK
Italian Referendum Preview: Euro to Dollar Exchange Rate Forecasts Ahead of ...  Exchange Rates UK
Petrol prices could go up by 9p a litre in New Year as OPEC cuts production
Millions of drivers are being warned to brace themselves for a rocky ride as petrol prices could rocket by 9p a litre next year. For oil prices are on course to hit a sky high $60 a barrel as a dramatic cut in production by oil rich nations starts to ...
Robin Mills: The question now: can Opec sustain this deal?  The National
Oil rallies to best week in years after OPEC output deal  Economic Times
Green lawyers return �35m after BHS row
Linklaters returned a disputed �35m sum following a protest by lawyers acting for BHS's administrators, Sky News learns. 18:01, UK, Friday 02 December 2016.
BHS placed into liquidation after pressure from biggest creditor  The Guardian
Stricken retail chain BHS placed into liquidation  Herald Scotland