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Debenhams shares hit by insurance fears

Debenhams shares hit by insurance fears

Business
Shares in Debenhams fell more than 5% before recovering following reports that some insurers have reduced cover for its suppliers.The Sunday Times said the retailer was facing "a cash crunch" because some credit insurers had tightened their terms for Debenhams suppliers.Suppliers use credit insurance to cover them from the risk of not being paid.However, Debenhams reiterated that its balance sheet and cash position were "healthy".The retailer, which is in the midst of a turnaround plan designed to cut costs and boost sales, said its relationship with credit insurers was "constructive" and all were continuing to provide cover to its suppliers.One major insurer, Euler Hermes, is understood to have reduced the amount of credit insurance it will provide.Meanw...
FTSE 100 hits record as trade war fears ease

FTSE 100 hits record as trade war fears ease

Business
The FTSE 100 has surged to a new record high as investors welcome the announcement President Trump's planned trade war with China is "on hold". A series of factors helped push values up at the open on Monday - the index rising 0.5% and comfortably above the 7,800 point barrier in early trading which took a lead from Asia.Chief among them, analysts said, was the US decision to postpone $ 150bn of threatened tariffs on Chinese imports amid apparent progress in negotiations between Washington and Beijing.Further evidence of progress in securing a new government in Italy, after months of talks, was cited too. Image: US Treasury Secretary Steven Mnuchin said the trade war was 'on hold' While the announcement signa...
Hollyoaks babe admits vagina fears in bizarre Twitter confession

Hollyoaks babe admits vagina fears in bizarre Twitter confession

Entertainment
The actress, who plays Ellie Nightingale in the hit Channel 4 soap, took to Twitter to reveal she's concerned about using tampons during her period.US presenter and wife of John Legend Chrissy Teigen  initially tweeted her issues with the sanitary product prompting her 10.4 million followers."Not to be all hippie dippy but it’s wild that we spray cotton with pesticides to keep up with demand then shove that cotton up our vaginas," she wrote.Minutes later Chrissy added: "We really hate the earth and our bodies. I gotta stop watching docs this is depressing."Maybe the cotton is stripped of the chemicals? I don’t know. I’m merely a doc viewer.INSTAGRAMTONED: Sophie Porley shows off her impressive figure in a holiday snapTWITTERCONCERN: Sophie Porley appeared worried about her lady parts
'One month's POINTLESS' Fans voice fears after Ant McPartlin leaves rehab

'One month's POINTLESS' Fans voice fears after Ant McPartlin leaves rehab

Entertainment
They voiced their concerns as the 42-year-old telly favourite was spotted for the first time since finishing intensive treatment following a drink-drive smash.He was seen smiling and joking with a female pal as he walked his black Labrador Hurley.Ant cancelled work commitments and checked into a private clinic after his Mini smashed into two cars in London last month.He was twice over the limit and was banned for 20 months and fined £86,000 at Wimbledon Magistrates’ Court. PA / GETTYWORRIES: Ant has left rehab for a second time amid fan fears for his health “If he is serious he needs to do a year at least – he can afford it” A fanThe star was last week given the all-clear by medics to continue his recovery outside the clinic. But fans fear he may have left treatmen
Cryptocurrencies: Fears, fortunes and uncertainty

Cryptocurrencies: Fears, fortunes and uncertainty

Finance
By Sajai Singh & Yajas Arvind SetlurAfter an incredible 2017, India’s cryptocurrency investors now find themselves in the face of uncertainty. In February 2018, the finance minister Arun Jaitley’s Budget speech, and one line in particular, caused pandemonium in the national press and resulted in bitcoin prices plummeting to $ 8,800, from an all-time high of $ 19,343 barely two months earlier. Jaitley’s chose his words cautiously and never mentioned a ban or any specific regulations. Yet, the tone of his speech was clear. The government was not in favour of cryptocurrencies, and would take active steps to discourage its use. The finance minister stated that the government does not consider cryptocurrencies as legal tender, thereby reiterating previous warnings issued by the Reserve Bank