A student finds solidarity with her lecturers, even as they count the cost of weeks of lost teaching70,000 students call for compensation over UCU lecturer strike
International student from Guatemala, doing journalism at Cardiff University Continue reading...
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'This is a red line': voices from the university pensions strike
via theguardian.com -
Litecoin hard fork pushes UP cryptocurrency price
LITECOIN is up by more than nine percent today following news of the cryptocurrency hard fork which led to the creation of Litecoin Cash over the weekend. -
Dow Jones FALLS 200 points as Walmart tumbles 10%
THE Dow Jones has fallen by 200 points today putting an end to its six day winning streak as Walmart tumbles 10 percent. -
FCA's chair-elect admits error of judgment over tax avoidance scheme
Charles Randell tells MPs he repaid HMRC more than £100,000 after Ingenious investment The incoming chairman of the Financial Conduct Authority has admitted to an “error of judgment” after investing in a controversial tax avoidance scheme that resulted in him repaying more than £100,000 to the taxman.Charles Randell, a former City lawyer and government adviser at the time of the financial crisis, told the Treasury select committee that he had failed to see a “warnin -
‘It’s our turn’ Germany ready to run European Central Bank and control eurozone
GERMANY is hoping to run the European Central Bank and secure the financial giant’s presidency as the EU’s economic powerhouse eyes up controlling the eurozone. -
US, UK regulators join forces on regulating financial technology firms - The Hill
The Hill
US, UK regulators join forces on regulating financial technology firms
The Hill
Two top U.S. and British trading watchdogs have agreed to join forces on efforts to help financial technology companies navigate regulations. The U.S. Commodity Futures Trading Commission (CFTC) and the United Kingdom's Financial Conduct Authority (FCA ...en meer » -
EU rejects calls for economic safety net as Greek bailout nears end
THE European Union has rejected calls to grant Greece an economic safety net as an economist declares Athens should request a precautionary credit line as it moves slowly towards the exit door of its stringent bailout program. -
KFC was warned about switching UK delivery contractor, union says
GMB union says it expressed doubts about DHL’s ability to run operation from single warehouseKFC was warned it would face delivery problems months ago, it has been claimed, as the company tries to grapple with a worsening chicken supply crisis that has forced almost half of its outlets to remain closed.The fast food chain said it expected disruption to some restaurants to continue for the rest of the week “meaning some will be closed and others operating with a reduced menu or shorte -
MPs publish full unredacted report into RBS small business scandal
Treasury committee releases details of ‘widespread inappropriate treatment’ that City watchdog refused to make public The Treasury committee has published the full unredacted report into Royal Bank of Scotland’s “disgraceful” treatment of struggling small businesses that came to it for financial assistance in the wake of the banking crisis.The influential group of MPs, chaired by Nicky Morgan, released the complete report after a protracted stand-off with City watch -
Plastic bans worldwide will dent oil demand growth, says BP
But oil giant expects demand for crude to grow and not peak until late 2030sBans around the world on single use plastic items such as carrier bags will dent growth in oil demand over the next two decades, according to BP.However, the UK-headquartered oil and gas firm said it still expects the global hunger for crude to grow for years and not peak until the late 2030s. Continue reading... -
Gambling Commission clampdown is welcome but punters need backing | Greg Wood
A £6.2m fine for William Hill shows admirable determination to enforce the commission’s objectives, but more should be done for those unfairly restricted by bookiesThere was further evidence this morning that the Gambling Commission takes at least some of its objectives seriously, when it issued a £6.2m fine to William Hill for breaches of regulations to prevent money laundering and ensure that “children and other vulnerable people”, such as problem gamblers, are &l -
Temenos in talks to buy UK financial data business Fidessa - Financial Times
Financial Times
Temenos in talks to buy UK financial data business Fidessa
Financial Times
Temenos is in advanced discussions to buy the UK's Fidessa, as the Swiss banking software group joins the fight to supply data and trading tools to the world's capital markets. The company, which has a market capitalisation of SFr8.7bn, said in a ...en meer » -
Venezuela’s Ethereum-based Petro is ‘desperate attempt’ to bypass US sanctions, say expert
VENEZUELA is preparing to launch its very own cryptocurrency today and President Nicolas Maduro hopes the digital currency will help the country make financial transactions and get around Western economic sanctions. -
Bitcoin price news: What is the value of Bitcoin today? Will it crash after hitting $11K?
BITCOIN appears to have found its bottom value last week after prices dropped to $6,000 before today hitting highs of more than $11,000. Is there light at the end of the tunnel, or will Bitcoin’s bubble burst in 2018? -
Supreme court begins hearing plumber's employment case
Ruling in Pimlico Plumbers case will set precedent for other gig economy disputes such as UberThe predicament of a plumber who claims he was dismissed because he wanted to go part time is being examined by the supreme court in a test case that could decide employment rights for all of those in the so-called “gig” economy.Pimlico Plumbers, which has lost at every stage of the legal dispute, has appealed to the UK’s highest court to argue that those it sends out to repair leaking -
William Hill fined £6.2m by Gambling Commission
Firm handed big fine over failure to spot problem gambling and prevent money launderingBetting group William Hill has been fined £6.2m by the gambling industry regulator for failing to protect consumers and prevent money laundering.The Gambling Commission said that over the two years to August 2016, the company failed to spot obvious signs of problem gambling, and in doing so breached anti-money laundering and social responsibility regulations. Continue reading... -
Ikea joins Big Clean Switch to offer 100% renewable energy tariff
via theguardian.comJoint venture claims cheaper green power could save UK households £300 a year Ikea is calling for households to join its latest joint venture – a collective energy switch that promises an exclusive 100% renewable electricity tariff.The furniture retailer has joined forces with the “Big Clean Switch” campaign to use a collective switch to secure cheaper green power for the households that sign up.Continue reading... -
Waitrose customer left ‘horrified’ after sausage label mix-up
via theguardian.comShopper thought they were buying beef and it was against their religion to eat porkMy partner bought what he thought were 12 Angus beef sausages from Waitrose just before Christmas but when he opened the packet there were only six. He cooked four which I thought were a bit spicy but ok, and he said he would return the other two as they didn’t match the packet description. When I looked at the receipt it said six pork chorizo sausages and I was horrified as (for religious reasons) I don&rsq -
Deeper scandal at Carillion was Pension Regulator's inaction | Nils Pratley
Regulator had front-row seat but failed to use powers to intervene before firm went bustFrank Field is right to castigate the directors of Carillion for being “contemptuous” of their obligations to the company’s pensioners. The picture of what happened in the pre-crash years is now reasonably clear: the directors, even as they were raising the dividend to shareholders year after year, made a corporate plea of poverty when talking to the pension trustees. The decision-making and
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