Finance

Is investing in land abroad a viable financial option?

Investing in land, in any location, can be extremely profitable. However, it can also be catastrophic if not done properly. Here’s some advice. …

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Chancellor to lower water bills

The Chancellor of the Exchequer, George Osborne, has just announced that new public money will be found to bring down high water bills in the Westcountry …

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Will Mail Group sell local press?

Editorial
In 2006, Northcliffe Media, the regional arm of the Daily Mail Group, attempted to sell off its extensive regional newspaper business. In Devon and Cornwall, Northcliffe owns almost all of the regional and local press …

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Ireland “no longer sovereign”

Editorial
Ireland is “no longer a sovereign nation in any meaningful sense of that term.” The country is thought to be about to lose its access to international debt markets. “It’s close to a buyers’ strike at this point.” …

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Cornwall gets LEP, Devon on hold

Cornwall and the Isles of Scilly have been granted a Local Economic Partnership (LEP) as a replacement for the South West Regional Development Agency (RDA), which covered seven counties. Yesterday, Business Secretary Vince Cable announced …

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UK recovery belies financial crisis

Third quarter growth figures for the UK, released this morning, show the economy powering ahead at 0.8%, double that of many forecasts. Combined with the 1.2% number for Q2, this could translate into a 3% growth-rate for 2010 as a whole …

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Devon County Council to lobby Michael Gove

Devon County Council (DCC) is to lobby Michael Gove, the Education Secretary, in London on October 26. The DCC Cabinet Member for Schools and Skills, Christine Channon is to take her concerns over a range of issues directly to the top …

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Welfare reforms agreed

There are reports that Iain Duncan Smith, the Secretary of State for welfare reform, has agreed a comprehensive package of reforms with the Treasury. The outcome will mean scrapping a raft of benefits, including housing relief and disability payments …

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Plymouth man heads HSBC bank

Plymouth man Stuart Gulliver has been appointed Chief Executive of HSBC, one of the world’s largest banks. A keen sailor in the Westcountry tradition, Gulliver previously ran the bank’s profitable investment operation, popularly known as “casino banking” …

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Retail sales dip nationally

Following Devon County Council’s report that retail is performing poorly in Devon, the same trend is happening nationally as retail sales fell in August for the first time since January …

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