Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes

Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters. Source: REuters business

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UK on track to avoid recession despite Brexit chaos

Growth is weak but strong summer for services and a TV-film industry boom lifts quarterly figures Britain is on track to avoid a recession despite mounting Brexit uncertainty after official figures showed an unexpectedly strong jump in economic growth over the summer. The Office for National Statistics said gross domestic product had risen by […]

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UK economy to avoid 2019 recession; Trump tweet lifts markets – as it happened

The latest UK GDP report shows that the economy will probably avoid sliding into recession this autumn Latest: Trump says he’ll meet China’s Liu He tomorrow Tweet lifts stock markets Newsflash: UK GDP fell 0.1% in August… …but 0.3% quarterly growth means recession looks unlikely 5.02pm BST Trade war optimism had also pushed the […]

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How can every mind matter in a broken mental health system? | Letters

Readers respond to the launch of the NHS Every Mind Matters campaign and share their thoughts on other mental health issues Congratulations to Suzanne Moore for highlighting those who are forgotten in campaigns such as Every Mind Matters (Telling people to jog will not solve this mental health crisis, 8 October). When Jeremy Hunt […]

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OECD aims to stop tech firms shifting profits to low-tax locations

Multinationals would be forced to pay more tax in countries where they make biggest sales Large internet companies would be forced to pay more tax in countries where they sell products and services under proposals for a global shake-up of taxation rules that currently allow companies to shift profits to low-tax locations. The Organisation […]

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