Financial news

• UK to continue special trade concessions for Pakistan post-Brexit - Financial Express

  18-09-2017 22:47
  Financial Express
  UK to continue special trade concessions for Pakistan post-Brexit
  Financial Express
  The UK today pledged to continue special trade concessions for Pakistan through Generalised Scheme of Preferences Plus (GSP +) even after leaving the European Union. By: PTI | Published: September 19, 2017 2:17 AM. 0. Shares. Facebook · Twitter ...en meer »
  
  Read more

• OFSI publishes quick guide to UK financial sanctions - CCH Daily inc Accountancy Live (subscription) (blog)

  18-09-2017 21:03
  OFSI publishes quick guide to UK financial sanctions
  CCH Daily inc Accountancy Live (subscription) (blog)
  HM Treasury's Office of Financial Sanctions Implementation (OFSI) has published a new guidance note: Financial Sanctions in the UK: a quick guide, which sets out key information regarding the obligations of businesses and individuals in relation to ...
  
  Read more

• The UK's debt crisis – in figures

  18-09-2017 20:54
  Information from official government sources shows how borrowing has grown as households feel the squeezeShare your experience of being in debt Continue reading...
  
  Read more

• Why is Ryanair cancelling flights and what can you do?

  18-09-2017 20:17 via theguardian.com
  If you are expecting to be affected by the airline’s decision to cancel many flights over the next six weeks, arm yourself with these factsRyanair’s decision to cancel 40-55 flights a day for the next six weeks will leave as many as 400,000 passengers with their holidays and travel plans ruined. Related: Ryanair tries to appease passengers with list of flights cancelled until ThursdayContinue reading...
  
  Read more

• Advertisement

• An ornithology of tedious colleagues | Letters

  18-09-2017 19:49 via theguardian.com
  Work colleagues | Mary Wollstonecraft | Social housing | Standardised tests | Religious popApropos recent letters about meetings and their effectiveness (Letters, 18 September), I compiled the following ornithology during a particularly tedious occasion. It suggests various species, frequently observable. They are: the red-necked table-thumper; the incorrigible rambler; the inveterate conclusion-jumper; the dismal doubter; the backward harker; the procedural plodder; the uncontrollable joker; th
  
  Read more

• UK debt is explosive – and it only needs a spark to light the fuse | Larry Elliott

  18-09-2017 19:26 via theguardian.com
  The Bank of England is right to warn over consumer borrowing – even if the central bank itself has been partly responsibleBritain’s debt timebomb is primed and ready to go off at any time. From never-never spending on credit cards to car loans, from overdrafts to payday loans, there is enough high explosive to devastate the economy for a second time in decade. All that is required is for the fuse to be lit.The Bank of England is aware of the risks and has been issuing ever-more expli
  
  Read more

• BMW Financial UK Expands Scope of Innovation Lab - Auto Finance News (blog)

  18-09-2017 18:20
  Auto Finance News (blog)
  BMW Financial UK Expands Scope of Innovation Lab
  Auto Finance News (blog)
  After deeming its first Innovation Lab in 2016 a success, BMW Group U.K. is expanding the focus of its startup accelerator for its 2018 cohort. BMW Group Financial Services launched the Innovation Lab in the U.K. in 2016 as an opportunity for early ...
  
  Read more

• Zaoui brothers' advisory firm posts £1.3m UK loss - Financial News (subscription)

  18-09-2017 17:02
  Financial News (subscription)
  Zaoui brothers' advisory firm posts £1.3m UK loss
  Financial News (subscription)
  The London-based advisory firm set up by top bankers and brothers Michael and Yoël Zaoui has posted a loss of more than £1m in its UK business. Mayfair-based Zaoui & Co Ltd generated revenues of £3.7m in 2016, according to accounts filed with the UK's ...
  
  Read more

• Advertisement

• Factbox: Reuters surveys UK financial services jobs post-Brexit - Yahoo Finance

  18-09-2017 16:43
  Yahoo Finance
  Factbox: Reuters surveys UK financial services jobs post-Brexit
  Yahoo Finance
  Workers cross London Bridge during the morning rush hour in London, Britain, August 16, 2017. REUTERS/Toby Melville/Files. More. LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if ...
  UK could lose 10000 financial jobsIrish Examiner
  Opposition sees Brexit 'chaos' in UK govt shifts and feudsFinancial Postalle 857 nieuwsartikelen &
  
  Read more

• CMA fines estate agents cartel £370,000 for rate fixing

  18-09-2017 16:43 via theguardian.com
  The six agents in Burnham-on-Sea, Somerset, were fined for breaking competition law by fixing minimum commission rates at 1.5%A group of estate agents who secretly conspired to keep their fees high to make “as much profit as possible” have been fined £370,000 for operating an illegal cartel.
  The Competition and Markets Authority (CMA) said this was the second time in two-and-a-half years that it had taken enforcement action against estate agents, and this latest case raised con
  
  Read more

• Reuters surveys UK financial services jobs post-Brexit - Reuters

  18-09-2017 14:46
  Reuters
  Reuters surveys UK financial services jobs post-Brexit
  Reuters
  FILE PHOTO: Workers cross London Bridge during the morning rush hour in London, Britain, August 16, 2017. REUTERS/Toby Melville/File Photo. LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next ...
  
  Read more

• Solving the solvable – join us to discuss the most pressing issues facing small businesses

  18-09-2017 14:14
  If you run a small or medium-sized business, come and discuss the challenges you face and use the opportunity to networkAs anyone who has ever run a business knows, managing challenges are part and parcel of the job. For all the successes and celebrations, there will be untold numbers of sleepless nights and setbacks. But it’s not just the internal challenges that test entrepreneurs. In these times of political upheaval and economic uncertainty, business owners are feeling the pressure. Re
  
  Read more

• How bad is a credit record default for a mortgage application?

  18-09-2017 12:18 via theguardian.com
  O2 hit me for £10 owed at the end of a contract. Now I worry if I’ll be able to buy a houseQ My partner and I want to buy our first home. We started the process of looking into this last year, thinking that it would be relatively straightforward once we had our deposit saved.We both have good jobs and assumed we had no debt. I then did a check of my credit file and realised O2 had slapped a default on it for £10 owed at the end of a contract. I have disputed this endlessly but
  
  Read more

• Equifax chiefs step down after UK cybersecurity breach - Financial Reporter

  18-09-2017 09:55
  Financial Reporter
  Equifax chiefs step down after UK cybersecurity breach
  Financial Reporter
  Equifax has established that it is likely to need to contact fewer than 400,000 UK consumers in order to offer them appropriate advice and a range of services to help safeguard and reassure them. Over the weekend, Equifax confirmed that it had ...
  Equifax: Lesser impact from breach to UK residentsFinancial Postalle 1.253 nieuwsartikelen »
  
  Read more

• Not such an Easylife when my digital hearing aid fails to charge

  18-09-2017 08:00 via theguardian.com
  I have been promised a replacement but have waited in vain for one to turn upSeveral weeks ago we bought a rechargeable digital hearing aid from Easylife. It arrived promptly and worked well on day one, but it would not recharge as instructed.We emailed customer services and were offered a free pickup with a subsequent replacement. We waited in all day in vain. We again contacted it and received an email saying “they had tried to call without success to discuss the pickup&rd
  
  Read more

• Made.com founder: 'We want to be the new Ikea'

  18-09-2017 08:00
  Ning Li, co-founder of the online furniture retailer, on being a control freak and his mission to revolutionise sofa shoppingIn my first business [the French e-commerce site Myfab, launched in 2007] we were selling everything from fashion to electronics and I saw that our sales of furniture were really taking off. A friend in China who was a furniture manufacturer told me he would sell a sofa for £400 to agents, who would then re-sell it to a wholesaler in Europe, but when it eventually ca
  
  Read more

• Launch of iPhone X is a reminder of the perils of paying monthly for your mobile

  18-09-2017 08:00 via theguardian.com
  Mobile users locked into contracts are vastly overpaying to use their handsets. But there are ways that you can saveWhen the Apple chief executive, Tim Cook, took to the stage of the company’s new Steve Jobs theatre to unveil the iPhone X, it was not just the range of new functions that caught people’s attention, it was also the price.At £999 and £1,149, depending on the storage, the phone is the most expensive the company has ever released – but for consumers at le
  
  Read more

• Purpose, value, culture drive corporate governance: UK Financial ... - THE BUSINESS TIMES

  18-09-2017 04:32
  THE BUSINESS TIMES
  Purpose, value, culture drive corporate governance: UK Financial ...
  THE BUSINESS TIMES
  Sir Winfried Bischoff (right), chairman of Financial Reporting Council, United Kingdom, in a dialogue on purpose, values and culture in governance moderated ...en meer »
  
  Read more

• British expats face 'cliff edge' in pensions and insurance after Brexit

  18-09-2017 01:01 via theguardian.com
  Minister calls for urgent action to ensure British pensioners in EU do not find payments stopped after BrexitThe chair of an influential parliamentary committee is calling for urgent action to ensure that British pensioners living in Spain or other EU countries do not find their payments stopped after Britain leaves the EU in 2019.UK firms may not be legally able to pay out personal pension or insurance contracts to UK expats and other citizens living in the EU after Brexit, Nicky Morgan, chair
  
  Read more

• Asking prices for London homes record biggest falls this decade

  18-09-2017 01:01 via theguardian.com
  Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says RightmoveAsking prices for homes in London have recorded their biggest annual fall so far this decade and have dropped on average by £18,000 in the space of just a month, the property site Rightmove said on Monday.But this headline finding masks much larger falls in some of the capital’s most expensive boroughs. The average asking price of a home in Kensington and
  
  Read more

Follow @financialnwsUK on Twitter!