Financial news

• US stock markets sink on China trade war fears

  06-04-2018 23:01 via theguardian.com
  The major indexes as well as tech stocks tumbled despite Trump officials downplaying any likelihood new tariffs would be enactedInvestors fled US stocks on Friday after Donald Trump threatened more tariffs against Chinese goods, China vowed to battle “to the end” and US employment data missed analysts’ expectations. Related: China threatens 'Trump country' with retaliatory tariffs ahead of midtermsContinue reading...
  
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• Cryptocurrency crackdown: Spanish treasury demands crypto data from banks

  06-04-2018 21:33 via feedproxy.google.com
  SPAIN has launched a crackdown on cryptocurrencies as the nation's treasury demands data from banks over crypto transfers in a bid to make the digital tokens more transparent.
  
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• Dow Jones Average price: Dow FALLS 450 points as USA China trade war LOOMS

  06-04-2018 21:13 via feedproxy.google.com
  THE DOW Jones Industrial Average fell more than 450 points and the other main indexes slipped today as the threat of trade war between the US and China escalated after Donald Trump's latest tariff threat on Chinese imports.
  
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• The truth about the gender pay gap – video explainer

  06-04-2018 19:04 via theguardian.com
  Britain has carried out one of the biggest data-gathering exercises on the gender pay gap, exposing large disparities between the average pay given to men and women in some of the country's best-known companies. We dispel some of the myths around the gap, and explain what it really means and why it mattersGender pay gap: what we learned and how to fix itContinue reading...
  
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• BITCOIN NEWS: ‘Inventor’ behind cryptocurrency says its being used WRONG

  06-04-2018 19:03 via feedproxy.google.com
  THE man who claims to have invented bitcoin has explained how the cryptocurrency carries with it the power to be a benefit to society as well as a hindrance.
  
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• Tax code warning: What the letters and numbers on your payslip mean

  06-04-2018 18:12 via feedproxy.google.com
  MANY Brits do not throughly check their pay slip to make sure they are on the right tax code and many could be paying hundred of pounds in more tax than they should be.
  
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• How will the US-China trade tussle end in a globalised world?

  06-04-2018 18:11 via theguardian.com
  As economists scramble to find answers, game theory rather than history may be the best guideThe trade confrontation between the United States and China is heating up. After firing an opening salvo of steep tariffs on steel and aluminium, the US administration has released a plan for a 25% tariff on 1,333 Chinese imports – worth about $50bn (£35bn) last year – to punish China for what it views as decades of intellectual property theft. China has fired back with a plan to slap 2
  
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• China threatens 'Trump country' with retaliatory tariffs ahead of midterms

  06-04-2018 18:02 via theguardian.com
  Tariffs on farming and manufacturing could hit battleground states such as Iowa, Illinois and Minnesota hard but experts predict a dealAs the US and China trade tariff threats, most analysts expect that talks will resolve the issue. But there are signs that an actual, short-term exchange of tariffs would be felt most acutely in battleground states like Ohio and Iowa, sometimes described as Trump country, as the midterm elections approach.Related: Donald Trump considering new $100bn tariff on Chi
  
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• Mark Carney warns of climate change threat to financial system

  06-04-2018 17:46 via theguardian.com
  Bank of England governor says firms must acknowledge risks to avoid ‘catastrophic impact’The governor of the Bank of England has warned of the “catastrophic impact” climate change could have for the financial system unless firms do more to disclose their vulnerabilities. Telling banks and insurers they would need to provide more information about the risks they might face from climate change, Mark Carney said failure to do so would have damaging effects for financial stab
  
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• Let’s move to Tenterden, Kent: ‘Home of the booming British wine industry'

  06-04-2018 17:29
  It’s a monied, country casuals kind of placeWhat’s going for it? Centuries ago, Tenterden was a port, the estuarine tentacles of the sea creeping up the squelchy Rother valley with the tides from Rye to Small Hythe. These days the town is beached in the gentle hills and high hedges of Kent’s High Weald – though you never know, climate change may in time resurrect its long-dead shipbuilding industry. For now, at least, there is not a whiff of ozone in the spring air. Inste
  
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• What's life like for a female easyJet pilot?

  06-04-2018 17:25 via theguardian.com
  Marnie Munns, one of very few female captains, is working with young women to change perceptionsAs the two pilots come through the doors at easyJet’s Luton airport headquarters, it remains unusual to see the first – a tall, middle-aged man – defer to the second, a woman, and head off to sort out the paperwork. But the captain today is Marnie Munns, one of the 4% of commercial airline pilots who are female, and part of an even smaller number who have made it to the top rank. Gen
  
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• EUROZONE SHOCK: German industrial production collapses unexpectedly - ‘Momentum LOST’

  06-04-2018 16:12 via feedproxy.google.com
  GERMANY, the Eurozone’s flagship country has suffered a shock and unexpected drop in industrial output, the biggest in more than two years.
  
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• Co-op plans to take over failing schools in north of England

  06-04-2018 15:24 via theguardian.com
  Group to quadruple its presence in academies from 12 to 40 with £3.5m investment The Co-op is planning a major push into running schools after its exit from banking helped the group bounce back into the black. The mutual is to invest £3.5m in expanding academies from 12 to 40 over three years with a plan to take over failing schools in the north of England. Continue reading...
  
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• Eurozone on verge of DEBT-POOLING: Macron urges Spain to back controversial plans

  06-04-2018 15:23 via feedproxy.google.com
  PRESIDENT Emmanuel Macron has been forced to act in his effort to further integrate Eurozone finances after sending finance minister Bruno Le Maire to reaffirm Spanish commitment to French federalist reform.
  
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• UK labour productivity increases at fastest rate since financial crisis

  06-04-2018 13:22 via theguardian.com
  Data for final six months of 2017 show strongest economic growth, but worker efficiency languishedThe productivity of British workers in the second half of 2017 rose at the fastest rate since before the financial crisis, handing a rare boost to the government. Labour productivity, or economic output per hour of work, rose by 0.7% in the three months to December, marking the second consecutive quarter for positive growth, the Office for National Statistics said. Together, the two periods showed t
  
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• Welcome to the new tax year - here's the main changes

  06-04-2018 08:00
  There are several major adjustments to taxpayer liabilities for the new fiscal year 2018/19. Here’s a brief summaryThe new tax year begins on Friday with a bigger than usual set of changes to income taxes, personal allowances, pensions, buy-to-let taxation and dividend taxation. Here’s what to expect. Personal allowance
  The amount you can earn without paying income tax rises from £11,500 to £11,850, which works out as a tax cut of £70 for most people. Continue readi
  
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• The best hillside homes – in pictures

  06-04-2018 08:00
  These properties offer spectacular views across stunning landscapes, from Yorkshire to Worcestershire Continue reading...
  
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• BA flies in the face of the facts over delay compensation

  06-04-2018 08:00
  We lost two days of our trip but it won’t accept responsibilityMy daughter and I bought Japanese Airlines (JAL) tickets to fly to Tokyo last October. JAL collaborates with BA and Finnair, so the first leg from London Heathrow to Helsinki was operated by BA and the second, Helsinki to Tokyo, with Finnair.Continue reading...
  
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• Bitcoin price ‘DESTRUCTION’: Cryptocurrency value drops to $5,400 amid India CRACKDOWN

  06-04-2018 04:31 via feedproxy.google.com
  BITCOIN briefly plummeted to $5,400 in India following a major crackdown on the cryptocurrency as the Reserve Bank of India announced new regulations, it has been revealed.
  
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• Pension news: Millions of middle-aged workers are saving more for retirement

  06-04-2018 01:01 via feedproxy.google.com
  PENSION freedoms are persuading millions of middle-aged workers to save more for retirement because they know they can spend the money as they please, finds new research.
  
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• Pension auto-enrolment 2018: Millions of workers could see contributions triple from TODAY

  06-04-2018 01:00 via feedproxy.google.com
  MILLIONS of workers will see their auto-enrolment pension contributions triple from today amid widespread fears that many could opt out as a result.
  
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