Posts Tagged ‘INCOME’
British households continue to be financially squeezed
Influential think tank, the Centre for Economics and Business Research (CEBR), has said higher inflation and low pay rises means British households face their biggest squeeze since 1921. The report suggests a typical British family will have £910 less to spend this year than they did in 2009 due to higher food and energy prices [...]
Yahoo revenue grows but falls short of expectations
Online search giant Yahoo has published its second quarter results which disappointed the market, sending its shares diving more than 7%.
Profits at the company grew by more than 50% in the quarter, but net revenues missed expectations.
Revenue in the three months ending June 30 totalled $1.6 billion (£1.05 billion), compared with $1.57 billion in [...]