spending Archive

  • The former Liverpool defender does not consider the Portuguese to be one of the top five coaches in world football despite his previous success Jose Mourinho sits below Jurgen Klopp, Pep Guardiola and Antonio Conte on the list of the world’s best coaches, says Steve Nicol. The Manchester United ma..

    ‘Klopp a better manager than Mourinho’ – Man Utd boss stung by Nicol for spending £200m on sixth place

    The former Liverpool defender does not consider the Portuguese to be one of the top five coaches in world football despite his previous success Jose Mourinho sits below Jurgen Klopp, Pep Guardiola and Antonio Conte on the list of the world’s best coaches, says Steve Nicol. The Manchester United ma..
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  • Image copyright Getty Images Before last year's Brexit vote, there were warnings from many economists that the UK would suffer a catastrophic economic shock and be catapulted into recession by a Leave vote.As it turned out, those predictions were a touch pessimistic.But one year on, what do economists and businesses think of the aftermath of the vote? And what do they think the future holds? Image copyright Getty Images 'Wheels coming off'David Owen, chief European financial economist for Jefferies, still thinks the UK could be in for a rough ride."For six months or so after the Brexit vote, the UK economy as a whole also held up surprisingly well, helped by the significant monetary easing announced by the Bank of England last August and the move down in the currency," he says. "But recent weeks have seen growing signs of the wheels coming off the UK recovery, with real incomes squeezed by the decline seen in real wages."UK wage growth slowed down this year and sta..

    One year on

    Image copyright Getty Images Before last year's Brexit vote, there were warnings from many economists that the UK would suffer a catastrophic economic shock and be catapulted into recession by a Leave vote.As it turned out, those predictions were a touch pessimistic.But one year on, what do economists and businesses think of the aftermath of the vote? And what do they think the future holds? Image copyright Getty Images 'Wheels coming off'David Owen, chief European financial economist for Jefferies, still thinks the UK could be in for a rough ride."For six months or so after the Brexit vote, the UK economy as a whole also held up surprisingly well, helped by the significant monetary easing announced by the Bank of England last August and the move down in the currency," he says. "But recent weeks have seen growing signs of the wheels coming off the UK recovery, with real incomes squeezed by the decline seen in real wages."UK wage growth slowed down this year and sta..
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  • HE WAS known as “Mr Social Security”. Eric Conn, a disability lawyer fromPikeville, Kentucky, gained notoriety in his impoverished part of Appalachia for his ubiquitous billboards and flashy TV commercials, which featured Rolls-Royces, beauty queens and a 19-foot replica of the Lincoln Memorial. But what earned Mr Conn his nickname was his uncanny ability to..

    Why cutting even wasteful spending is so hard

    HE WAS known as “Mr Social Security”. Eric Conn, a disability lawyer fromPikeville, Kentucky, gained notoriety in his impoverished part of Appalachia for his ubiquitous billboards and flashy TV commercials, which featured Rolls-Royces, beauty queens and a 19-foot replica of the Lincoln Memorial. But what earned Mr Conn his nickname was his uncanny ability to..
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  • The Chinese Football Association has implemented new laws that mean clubs must pay a 100 per cent tax on all foreign players they buy A new spending rule in China makes it unlikely that players such as Diego Costa and Pierre-Emerick Aubameyang will be moving there this summer as the transfer window..

    China move unlikely for Costa and Aubameyang as new rules curb spending

    The Chinese Football Association has implemented new laws that mean clubs must pay a 100 per cent tax on all foreign players they buy A new spending rule in China makes it unlikely that players such as Diego Costa and Pierre-Emerick Aubameyang will be moving there this summer as the transfer window..
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  • The Portugal international has completed his transfer to the Serie A club after passing his medical at their La Madonnina base on Monday morning AC Milan confirmed the signing of Andre Silva from Porto for a fee believed to be €38 million on Monday afternoon, taking their spending so far this summe..

    AC Milan sign Andre Silva to take summer spending to €99 million

    The Portugal international has completed his transfer to the Serie A club after passing his medical at their La Madonnina base on Monday morning AC Milan confirmed the signing of Andre Silva from Porto for a fee believed to be €38 million on Monday afternoon, taking their spending so far this summe..
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  • Original Article
  • Liverpool boss Jurgen Klopp is ready to splash the cash, hinting that the club's owners FSG are willing to spend big.Wih Virgil van Dijk on the verge of a £50m move from Southampton and Mohamed Salah set to put pen to paper on a £12m transfer from Roma any day now, Klopp was clear about the need to strengthen his..

    Klopp hints at summer spending spree

    Liverpool boss Jurgen Klopp is ready to splash the cash, hinting that the club's owners FSG are willing to spend big.Wih Virgil van Dijk on the verge of a £50m move from Southampton and Mohamed Salah set to put pen to paper on a £12m transfer from Roma any day now, Klopp was clear about the need to strengthen his..
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  • Manchester City have made their first signing of what could be a busy summer by landing Monaco playmaker Bernardo Silva. The 22-year-old Portugal international will join City from the Ligue 1 champions on July 1. Press Association Sport understands City will pay £43million for the midfielder, who had also been link..

    Manchester City start summer spending with Bernardo Silva signing

    Manchester City have made their first signing of what could be a busy summer by landing Monaco playmaker Bernardo Silva. The 22-year-old Portugal international will join City from the Ligue 1 champions on July 1. Press Association Sport understands City will pay £43million for the midfielder, who had also been link..
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  • Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real wages fall.This year will be "a more challenging time for British households" and "wages won't keep up with prices", he said.He was upbeat about wage growth beyond 2017 - but only if the government secures a "smooth" exit from the EU.It came as the bank trimmed UK economic growth forecasts for 2017 from 2% to 1.9% and held interest rates at 0.25%.The bank, unveiling its Quarterly Inflation Report, also raised its forecast for inflation this year to 2.8% from its February forecast of 2.4%. Interest rates are set by the Bank's Monetary Policy Committee (MPC), which is tasked with keeping inflation at 2%.Live: Bank of England inflation report - latest news and reactionKamal Ahmed: Short term negatives, long term positivesThe Bank said the expected overshoot in inflation to 2.7% this year was "entirely" due to the impact of weak sterling and that raising in..

    Bank of England warns of consumer spending squeeze

    Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real wages fall.This year will be "a more challenging time for British households" and "wages won't keep up with prices", he said.He was upbeat about wage growth beyond 2017 - but only if the government secures a "smooth" exit from the EU.It came as the bank trimmed UK economic growth forecasts for 2017 from 2% to 1.9% and held interest rates at 0.25%.The bank, unveiling its Quarterly Inflation Report, also raised its forecast for inflation this year to 2.8% from its February forecast of 2.4%. Interest rates are set by the Bank's Monetary Policy Committee (MPC), which is tasked with keeping inflation at 2%.Live: Bank of England inflation report - latest news and reactionKamal Ahmed: Short term negatives, long term positivesThe Bank said the expected overshoot in inflation to 2.7% this year was "entirely" due to the impact of weak sterling and that raising in..
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  • The Blues boss said Tottenham should have had an advantage in the battle for the league crown, but the Argentine pointed out a flaw in his logic Mauricio Pochettino has hit back at Antonio Conte's suggestion that Tottenham had an advantage in the Premier League title race, insisting Chelsea&#0..

    Conte was wrong – Pochettino says Chelsea spending key to title win

    The Blues boss said Tottenham should have had an advantage in the battle for the league crown, but the Argentine pointed out a flaw in his logic Mauricio Pochettino has hit back at Antonio Conte's suggestion that Tottenham had an advantage in the Premier League title race, insisting Chelsea&#0..
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