first_img Share Most of us have come across one of them at some point – the type of colleague who sends our blood pressure through the roof. Whether its an impossible-to-please-boss, an intern with attitude or competitive co-worker, there’s no point in closing your eyes and wishing they would go away, because they won’t. The Royal College of Psychiatrists suggests that when you encounter such a person in the work place, you should follow some simple steps to make life easier for yourself and resolve the issue as quickly as possible. DON’T AVOID THE ISSUE – CONFRONT ITThere is no point in hoping a problem will go away on its own. If your colleague is being difficult now, this will almost certainly continue unless you do something about it.  Recognising that a problem needs addressing is the first step towards stamping it out.LOOK AT IT FROM THEIR POINT OF VIEWWhen you’re overcome with anger or irritation, thinking about things from the culprit’s point of view is no easy task – but understanding a person’s negative actions can help you do something to stop them. Find a moment, perhaps in the evening when you’re feeling more relaxed about it, to consider why they acted the way they did. To do this successfully, you must first get it out of your head that they have it in for you – this is very unlikely to be the case, and if it is it will probably be because you did or said something to offend them. HAVE AN INFORMAL CHATIf you think they are a reasonable person who would react well to an open conversation, being upfront could be the best solution.  The setting is important – it may be good to go outside of the office and to a coffee shop with a relaxed atmosphere. Maybe even wait for a work social event and take them aside to talk about it then. Avoid an aggressive tone and be open-minded about hearing their point of view – it will make them more likely to respond well.TALK TO SOMEONE YOU CAN TRUST AT WORKSometimes it can be hard to tell whether the difficulty you are experiencing is unique – it is possible that your other colleagues are experiencing the same problems, in which case discussing it together can help you come to a decision on how to act. It can also be beneficial just to have someone to talk about your problems to, if nothing else – knowing someone else is aware of your struggle might make it easier to deal with. MAKE TIME On any one day, there will probably be something much more pressing and important to deal with than a tricky colleague. But the longer you leave it, the greater the tension will grow, and if you accept a certain type of treatment for long enough it will set the standard – brionging it up after six months wouldn’t do much good. BE ADAPTABLE AND READY TO LEARN FROM YOUR OWN MISTAKESThere will always be something you could have phrased better or reacted more appropriately to. Make sure you reflect on your interactions with the difficult colleague, and think about what you could learn for future run-ins.  Don’t automatically assume they are entirely to blame, either – it usually takes two to tango and if you think back enough you may realise that something you said was insensitive, or perhaps you didn’t offer the level of help they needed.  Show Comments ▼ whatsapp Wednesday 5 November 2014 12:05 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun How to deal with a difficult colleague and stay calm at work Sarah Spickernell Tags: NULLlast_img read more

first_imgMonday 8 December 2014 8:35 pm TSPThe commercial property agency has announced two promotions. Jonathan Vanstone-Walker becomes director of surveying & agency. He joined TSP in 2011. Abigail Bridgland (pictured) becomes senior associate surveyor. She has been at the firm for two years.State StreetMatt Davey has been appointed senior vice president and head of the asset manager client management group for the UK, Middle East and Africa at State Street Global Services. He was most recently head of consultant relations for HSBC Securities Services, and has also worked as head of complex deal management at JP Morgan.Mobius Life The life company and institutional investment platform has announced two senior appointments. Andy Coles joins as head of operations from Capita Financial Services, where he was head of transitions and change. Coles has also held roles at Investec Asset Managers, Northern Trust and State Street. Harriet Frank joins as marketing manager from Gazelle Pensions Advisory.Warburg PincusAndrew Sukawaty has been appointed executive-in-residence at the private equity firm. Based in the London office, he will support the firm in identifying and evaluating new investments in the telecoms, media and technology sector. Sukawaty is currently executive chairman of Inmarsat.Alliotts AccountantsDavid Gibbs has been appointed partner, specialising in international corporate tax, in the accountancy firm’s London office. He has previously held roles at PwC and Grant Thornton.GraingerDerek Gorman has been appointed managing director of market rented assets at the residential landlord and manager. He was most recently chief executive of Get Living London.AHCThe pensions and benefits communication consultancy has appointed Stephen Nichols as head of strategy and development. He has over 28 years’ experience in the pensions industry, and was most recently chief executive of The Pensions Trust.To appear in City Moves please email your career updates and pictures to [email protected] up to receive the new City Moves morning update if you haven’t already. Tom Welsh Share whatsapp whatsapp City Moves for 09 December 2014 | Who’s switching jobs by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailDaily Finance StoriesTake A Look At Who CNN’s Erin Burnett Is Married To TodayDaily Finance StoriesNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsLung Cancer | Search AdsLung Cancer Symptoms – Early Signs of Lung CancerLung Cancer | Search Ads Show Comments ▼ Tags: NULLlast_img read more

first_img whatsapp  Financial market regulators have warned that if the fall in oil prices were sustained, it could be a problem for the UK’s financial stability.  Falling prices could impact on the ability of some businesses to service their debt. Some such businesses are US oil and gas exploration firms, according to the minutes of the Bank of England’s financial policy committee’s (FPC) meetings on the 8 and 15 of December released yesterday. US oil and gas firms account for 13 per cent of the total US high-interest bond market.  “An increase in their perceived or realised credit risk could lead to sales by investors and potentially illiquidity in the broader high-yield bond market,” the FPC said. “A sustained lower oil price also had the potential to reinforce certain geopolitical risks.” However, the FPC said no immediate threat was present. The FPC also said the threat to the UK’s financial stability from housing had declined now the market had moderated. However, stamp duty reforms and record low mortgage rates could provide some support to activity next year.  Monday 22 December 2014 9:11 pm Further oil price drop could pose financial threat to UK stability Show Comments ▼ Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com Express KCS Tags: Oil priceslast_img read more

first_img IG Group share price sinks on £30m hit after Swiss Franc soars 40 per cent Share Thursday 15 January 2015 10:45 am More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp Tags: Company IG Group Holdings Swiss currency crisis Show Comments ▼ whatsapp Jessica Morris IG Group’s share price suffered after it announced a potential hit of £30m, as its investors reacted to the Swiss central bank’s shock decision to ditch its currency “ceiling”.The financial spread betting firm’s share price fell as much as 6.7 per cent to £6.94 in late-afternoon trade. It said clients’ “positions were closed at a more beneficial level than the company was able to close its entire corresponding hedge due to the market dislocation.” “Following this morning’s exceptional announcement by the Swiss National Bank, which resulted in a sudden and extreme movement in the value of the Swiss franc, IG Group… believes it is appropriate to provide an update on the negative financial impact to the group,” it said in a statement today.”The precise level of the impact will be partially dependent on the company’s ability to recover client debts, but in total it will not exceed £30m, from market and credit exposure.”(Source: Getty)Analysts at Numis said the loss was down to bad debt losses from clients but also “good will losses” where IG voluntarily closed customer positions “where liquidity for closure was not there and IG eventually closed at a worse price.”Earlier today the Swiss central bank rattled markets by announcing the end of its currency “ceiling” of SFr 1.2 per euro, which was initially introduced to cap the currency’s value during the  height of the financial crisis.The Swiss franc soared as much as 37 per cent against the euro before paring gains later in the day. Swiss stocks have also tumbled as much as ten per cent with exporters of luxury goods particularly hard hit. last_img read more

first_imgWednesday 21 January 2015 8:34 pm Show Comments ▼ UK house prices pull away from Eurozone’s with 11.7 per cent on the year Express KCS whatsapp whatsapp Share British house prices pushed ahead of those in other major economies towards the end of last year, official figures showed yesterday.While cheap money combined with growth in pay and rising employment has conspired to spark a housing market recovery in some countries, other parts of the EU are still falling behind.Only nations like Ireland and Sweden saw similar booms, as the other big economies saw the market stagnate or even fall in the third quarter.UK house prices rose by 11.7 per cent on the year and four per cent on the quarter. A lack of demand has been blamed in areas such as London.Ireland’s rocketed even faster at 15 per cent on the year and 6.7 per cent in the three-month period.The only other state to exceed Britain’s market’s annual price growth was Estonia at 13.2 per cent on the year and 4.1 per cent on the quarter, the figures showed.Overall, prices rose 0.5 per cent in the Eurozone on the year, and 2.3 per cent in the wider EU.This points to a very poor performance in other markets.French house prices fell 1.2 per cent on the year, but did creep up 0.9 per cent on the quarter.Spanish prices – which were still falling sharply until early 2014 – edged up 0.3 per cent on the year and 0.2 per cent on the three-month period.Of the big economies, Italy’s market is performing the worst – house prices dived 3.8 per cent on the year, falling in each quarter of the past year.A handful of the smaller economies have also seen prices fall.Slovenian house prices fell 5.4 per cent on the year, while those in Romania also dipped 2.3 per cent.EU data agency Eurostat does not have figures available for Germany or Greece. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: Eurozone UK house priceslast_img read more

first_imgInterest rates will rise gradually over the next two years, Mark Carney told MPs yesterday, playing down the chance of another rate cut.One member of the monetary policy committee (MPC) is tempted to vote for a rate cut, according to the minutes of its last meeting. However, Bank of England governor Carney refused to name them, leaving the City guessing as to the identity of the secret dove. The other three members of the committee speaking to MPs also denied it was them. David Miles, Martin Weale and Ben Broadbent all agree with the MPC’s main view that the next move in interest rates will be a hike. That leaves Minouche Shafik, Kristin Forbes, Andy Haldane, Ian McCafferty and Sir Jon Cunliffe as the remaining “suspects”. In monetary policy jargon a “hawk” is an economist who is concerned the economy will overheat and inflation will take off, and so leans towards higher interest rates. A “dove” is an economist who is less worried about inflation and more concerned with supporting GDP growth through lower interest rates. McCafferty last year voted for a rate rise, which makes him the least likely to consider a rate cut now. By contrast, in recent meetings Andy Haldane has recently said he is watching inflation “like a dove,” as he wants to make sure deflation does not set in. Previously, the MPC had seen 0.5 per cent as the lowest practical interest rate, as any lower rates would harm banks too much by crushing profits. “Because banks’ balance sheets are stronger now, we no longer have those concerns,” Carney told the Treasury Select Committee. “But everyone on the committee believes rates will end up higher rather than lower.” HUNTING FOR THE DOVE AMONG THE HAWKS MINOUCHE SHAFIKEx-IMF exec Shafik tries to shun the labels, calling herself an “owl”. A practical operator, she is thought to stick close to the governor on monetary policy decisions. ANDY HALDANEChief economist Haldane is the most openly dovish member and the main suspect as a potential rate-cutter. Last year he said he is watching inflation “like a dove”. SIR JON CUNLIFFEDeputy governor Cunliffe is the hardest to read – he focuses on financial stability, not monetary policy. He has given no clues away, and so could be a surprise dove. KRISTIN FORBESForbes is a suspect, but she is looking less like a dove lately. Yesterday she compared low rates to Midas’ touch – initially it created riches, but in time will do more harm than good.  Mark Carney silent on Bank of England’s mystery dove as he predicts interest rate hikes Tuesday 24 February 2015 9:08 pm whatsapp Show Comments ▼ More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comcenter_img whatsapp Express KCS Tags: Bank of England Mark Carney People by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Sharelast_img read more

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Show Comments ▼ Jeff Misenti whatsapp George Osborne has conceded he made an error not reforming the state-owned bank RBS when the coalition took power in 2010.Speaking to the Financial Times Weekend Magazine the chancellor said he hopes to move forward “as quickly as we can to get rid of it”. He added that he regretted acquiescing to the view that RBS could maintain its standing as investment banking giant with a presence all over the world. “I certainly regret that” he said.The government retains a massive 80 per cent stake in the bank, that was bailed out to the tune of £45bn in 2008. “When I say ‘get rid of it’, I mean put it into the good hands of the private sector” Osborne told the FT.The chancellor emphasised the scale of the task by adding “it’s not an exact science, but on some measures it’s bigger than all the privatisations of the 1980s put together”. It could take years until the taxpayer is fully rid of RBS.Osborne is determined though that the bank will not the taxpayer will not lose out. “I think people want to see they get their money back. The British taxpayer wants to feel they haven’t suffered some enormous loss” he said.It hasn’t all been bad news for RBS of late. While the bank did recently report a £3.5bn loss, it was primarily thanks to one-off items. The loss was also significantly down from last year’s £8.2bn.The bank’s share price gradually been edging up and breached 400p in January. The government would need to sell up at 455p per share to protect the taxpayer from a loss.The bank is preparing to exit a further 25 countries, bringing the total number down to 13. Tags: Company George Osborne People Royal Bank of Scotland Group George Osborne regrets mistakes over RBS and looks to sell up quick center_img Share Thursday 5 March 2015 5:53 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealth Gut BoostRandy Jackson: This 3 Minute Routine Transformed My HealthHealth Gut BoostMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekGundry MD Bio Complete 3 SupplementTop Heart Surgeon: This Simple Trick Helps Empty Your Bowels Every MorningGundry MD Bio Complete 3 SupplementMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom Nationzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteabley whatsapplast_img read more

first_img Show Comments ▼ whatsapp Tags: NULL whatsapp Investor confidence in Germany has unexpectedly fallen for the first time in six months, amid global growth concerns, and the potential impact of economic woes on the country’s exports.The Zew Center for European Economic Research in Mannheim said the widely watched Zew index fell to 53.3 in April, down from 54.8 a month earlier, and coming in below economists’ expectations of 55.3. “The German economy is in good shape,” Professor Clemens Fuest, president of Zew, said.”A stable labour market and increasing wages are strengthening confidence and boosting consumption.””However, the current weakness of the world economy is dampening export prospects and reducing the scope for further improvements of the economic situation in Germany. More From Our Partners White House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Sharecenter_img German investor confidence balks amid weak global economy Tuesday 21 April 2015 5:40 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBall Jessica Morris last_img read more

first_imgThursday 13 August 2015 2:54 pm Share Jessica Morris Show Comments ▼ Analysts were incredulous this morning after the Greek economy appeared to shrug off uncertainty surrounding its debt crisis during the second quarter.Figures released today by Greece’s official statistics agency Elstat showed the country’s gross domestic product (GDP) grew 0.8 per cent in the three months to June, completely smashing economists’ expectations for a 0.5 per cent contraction according to a poll by Bloomberg. Revised data also showed that the Greek economy posted no growth or decline in the first quarter, instead of a previously reported 0.2 per cent shrinkage. This means the country didn’t slide into a technical recession at the start of this year, as previously thought.But the statistics agency cautioned today’s figures are a flash estimate, and could be subject to revisions when more data becomes available.”Users should note that the present flash estimates are expected to be revised when provisional estimates are produced and disseminated on 28th August … on the basis of updated primary data that will have become available at that point,” it said.The Greek government is pushing parliament to approve a bill outlining a three-year bailout programme. If given the green light, the bill, submitted yesterday, will pave the way for the much-needed disbursement of aid.Eurozone finance ministers are due to meet in Brussels tomorrow to sign off the new bailout package.The country hopes to receive some funding as part of the deal in time for a €3.5bn (£2.5bn) payment to the European Central Bank on 20 August. But even if finance ministers agree to the deal, it’ll still require approval by several Eurozone parliaments.Analysts were flabbergasted…https://twitter.com/AngiePerrinFX/status/631754308103630849 whatsappcenter_img Greek GDP growth smashes expectations in the second quarter whatsapp More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoComedyAbandoned Submarines Floating Around the WorldComedyUndoGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallUndo Tags: NULLlast_img read more

first_img whatsapp Tags: UK house prices Friday 4 September 2015 12:10 pm Share Citizens Advice warns of ticking timebomb for one million interest-only mortgage customers whatsapp One million interest-only mortgage customers are sitting on a ticking timebomb, with no idea how they’ll pay off their mortgage once their term is up, a charity has warned.Citizens Advice said this morning that while 1.7m people with interest-only mortgage products have no linked repayment vehicle, such as an endowment or Isa, 934,000 of those have no plan for repayment – and 433,000 haven’t even thought about how they’ll repay the capital. Some people said they hadn’t been made aware they’d need to repay the capital at the end of their term at all.The charity said that although rules were tightened in 2012 to force banks to ensure there was a payment plan linked to interest-only mortgages, it was concerned those who borrowed before then don’t have the same protections when their term ends than when mortgage holders fall into arrears. And while a protocol was launched in 2012 which gives lenders the legal obligation to consider options other than repossession when mortgage holders fall into arrears, that doesn’t apply to interest-only mortgages at the end of the term. “[That is] the very point when many customers discover they are in trouble,” Citizens Advice said. “People buy a home for stability – but interest-only mortgages have forced many into a financial black hole,” added Gillian Guy, the charity’s chief executive. She urged the government to consider including interest-only mortgage customers in its new rules.  “Lenders have to exhaust all other options when borrowers get into arrears – it’s time to level the playing field so that interest-only customers get the same protections when their mortgages mature. Emma Haslett Show Comments ▼ More From Our Partners White House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com last_img read more