Financial news

• Blue Inc to axe hundreds of jobs and close stores in restructuring

  07-01-2016 23:55 via telegraph.feedsportal.com
  
  Fashion retailer could shut around 60 shops across the UK after warmer weather hits sales of winter clothing
  
  Read more

• Marks & Spencer's new boss needs to return retailer to its core values

  07-01-2016 22:13 via telegraph.feedsportal.com
  
  it will be up to new CEO Steve Rowe to fine-tune Marks & Spencer and make sure it runs to time
  
  Read more

• Boeing set to climb above Airbus in key delivery numbers

  07-01-2016 21:40 via telegraph.feedsportal.com
  
  Boeing posts record deliveries of airliners in annual battle with Airbus but shares dive as orders plunge
  
  Read more

• China currency war fears wipe $2.6 trillion off global markets in four days

  07-01-2016 21:30 via telegraph.feedsportal.com
  
  Equities suffer their worst start to a calendar year since the bursting of the dotcom bubble in 2000 as fears over China's exchange rate grow
  
  Read more

• Advertisement

• Capital flight pushes China to the brink of devaluation

  07-01-2016 21:27 via telegraph.feedsportal.com
  
  Beijing cannot keep burning through reserves at a record pace to defend the yuan and at the same time loosen monetary policy. It has to choose
  
  Read more

• The markets are in turmoil but it's no time to panic

  07-01-2016 21:14 via telegraph.feedsportal.com
  
  Stock markets might be falling and China might be in disarray but that doesn't mean a recession is on the cards in Britain
  
  Read more

• Aviva puts brakes on party bus whiplash claim

  07-01-2016 21:10
  
  Insurer lashes out at ‘outrageous scale’ of fraud as it revealed successful fight against 46 claimants whose party bus collided with a Ford FiestaWhen a Ford Fiesta collided with a double-decker party bus packed with revellers on a roundabout in Crewe it could have been a very nasty accident. Luckily the Fiesta was travelling at less than 10mph and there was just a small split in the car’s bumper and a £70 bill to fix the bus. Then came the real impact – a £25
  
  Read more

• RWE sells Lynemouth power plant to EPH ahead of biomass conversion

  07-01-2016 20:26 via telegraph.feedsportal.com
  
  Owners of Eggborough power plant add to UK portolio, buying Lynemouth from German energy giant RWE
  
  Read more

• Advertisement

• Here's the real threat to the UK economy, and it's got nothing to do with China

  07-01-2016 19:35 via telegraph.feedsportal.com
  
  Osborne has warned about risks to the UK economy, but he didn't mention the burgeoning current account deficit, which makes Britain ever more vulnerable to a "sudden stop" balance of payments crisis
  
  Read more

• Safe-haven demand drives Randgold Resources higher

  07-01-2016 19:13 via telegraph.feedsportal.com
  
  On the day global markets faltered after China accelerated the deceleration of the yuan, gold touched nine-week highs
  
  Read more

• Slaughter & May picks deal-maker as new leader

  07-01-2016 18:43 via telegraph.feedsportal.com
  
  London's most lucrative law firm chooses a new senior partner
  
  Read more

• Fears over pension freedoms as savers' actions risk cutting income by thousands

  07-01-2016 18:25 via feedproxy.google.com
  
  SAVERS are at risk of losing thousands of pounds by failing to change pension provider when accessing their cash under new freedom rules, experts have warned.
  
  Read more

• Nine in ten savers accessing pensions are using new freedoms

  07-01-2016 17:07 via telegraph.feedsportal.com
  
  New FCA data shows just 13pc of savers are choosing to turn their pot into a guaranteed income via an annuity
  
  Read more

• British new car sales reach record high

  07-01-2016 16:58
  
  Motorists purchased 2.63m new cars last year, which represents a 6.3% increase compared to 2014 New car sales reached an all-time high in Britain in 2015 as improving consumer confidence, wage growth and low-interest finance deals from manufacturers boosted the market.
  A total of 2.63m new cars hit the UK’s roads last year, an increase of 6.3% on 2014 and above the previous record of 2.58m, set in 2003. Continue reading...
  
  Read more

• White van man is back, signalling the economy is stepping up a gear

  07-01-2016 16:55 via telegraph.feedsportal.com
  
  Van sales have hit an all-time high, with demand for commercial and public vehicles also soaring
  
  Read more

• Co-op accused of unfairly dismissing whistleblower

  07-01-2016 16:55 via telegraph.feedsportal.com
  
  Former employee claims Co-op waged a 'deliberate campaign' against her after she flagged up malpractice concerns
  
  Read more

• China scraps emergency circuit breaker as FTSE crashes below Black Monday lows

  07-01-2016 16:55 via telegraph.feedsportal.com
  
  Beijing calls time on its stock market brake after suffering its shortest ever day of trading - just 29 minutes long
  
  Read more

• 'Should I give money to my sister and borrow it back to reduce my IHT bill?'

  07-01-2016 16:46 via telegraph.feedsportal.com
  
  We look at the tax implications of financial gifts and loans
  
  Read more

• loveMONEY Champions reveals the UK's best financial companies - BT.com

  07-01-2016 16:44
  BT.com
  loveMONEY Champions reveals the UK's best financial companies
  BT.com
  From bank accounts to car insurance, finance website loveMONEY has revealed the results of its annual survey of its readers' favourite financial firms. 0. Share this. Facebook; Twitter; Google plus; Email; Share. 0. loveMONEY Champions reveals the UK's ...en meer »
  

• Anglo American's biggest shareholder urges against tapping investors for cash as stock sinks

  07-01-2016 16:38 via telegraph.feedsportal.com
  
  Miner's shares slump again on another bad day for the FTSE
  
  Read more

• Sir Terry Leahy-backed fashion site Atterley collapses into administration

  07-01-2016 16:34 via telegraph.feedsportal.com
  
  Company has appointed administrators at KPMG despite setting a goal to make £100m by 2020
  
  Read more

• Saudi Arabia 'looks at listing world's largest oil producer'

  07-01-2016 16:21 via telegraph.feedsportal.com
  
  Saudi Aramco controls world's largest oil fields and would raise much-needed funds for the kingdom
  
  Read more

• Removing Twitter's 140-character limit is Jack Dorsey's biggest gamble yet

  07-01-2016 16:08 via telegraph.feedsportal.com
  
  Reaction to the possibility of 10,000 character tweets has been overwhelmingly negative, but Jack Dorsey has his reasons
  
  Read more

• Cold call firm fined £80,000

  07-01-2016 15:56 via feedproxy.google.com
  
  SOME well-deserved comeuppance in the shape of an £80,000 penalty for Telecom Protection Service Ltd .
  
  Read more

• UK Gatton College of Business and Economics set to host financial seminar Jan ... - KyForward.com

  07-01-2016 15:37
  KyForward.com
  UK Gatton College of Business and Economics set to host financial seminar Jan ...
  KyForward.com
  On Jan. 30-31, the University of Kentucky's Gatton College of Business and Economics will host Wall Street Prep's Financial & Valuation Modeling Seminar for the second time. In October, the college welcomed more than 60 registered students to the first ...en meer »
  

• Money Talks: where next after buy-to-let, new car sales in fast lane, and energy giants' incompetence

  07-01-2016 15:37
  
  Plus, the petition to compensate women left out by state pension rise, Cash Genie in liquidation, and homes with towersHello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed. Continue reading...
  
  Read more

• It's 2008 all over AGAIN: George Soros warns China will spark global financial MELTDOWN

  07-01-2016 15:35 via feedproxy.google.com
  
  CHINA's financial crisis which has sparked a global stock market crash is set to rival the economic meltdown of 2008, according to George Soros.
  
  Read more

• Sunseeker goes against the industry tide with recruitment drive

  07-01-2016 15:25 via telegraph.feedsportal.com
  
  Luxury yacht builder Sunseeker more than doubles recruitment plans as it adds to its powerboat and yacht range
  
  Read more

• FTSE crashes below Black Monday lows with US braced for sharp fall - LIVE

  07-01-2016 15:20 via telegraph.feedsportal.com
  
  For the second time in a week China has been forced to suspend stock trading after Shanghai Index plunges more than 7pc
  
  Read more

• Silicon Valley giants Google, Facebook and Microsoft attack Snoopers' Charter

  07-01-2016 15:16 via telegraph.feedsportal.com
  
  Alliance of companies including Twitter and Yahoo warn about proposed legislation that could weaken encryption and create requirements on gathering users' data
  
  Read more

• Serious Fraud Office asks for 'blockbuster funding' to pay for major investigations

  07-01-2016 15:00 via telegraph.feedsportal.com
  
  The fraud body's spending needs have almost doubled from its original budget allocation this year
  
  Read more

• TalkTalk cyberattack customers have hours left to claim 'free upgrade' sweetener

  07-01-2016 14:47 via telegraph.feedsportal.com
  
  Cyber-attack cost the broadband provider almost £35m after hackers stole 157,000 customer details, including bank accounts
  
  Read more

• 'Is buy-to-let still the best home for my £250,000 inheritance?'

  07-01-2016 14:29 via telegraph.feedsportal.com
  
  Property vs pension: One reader has not been put off by the Government's attacks on small landlords. Is his faith in buy-to-let misplaced?
  
  Read more

• Women 'short-changed and shafted' by state pension age changes

  07-01-2016 14:21 via telegraph.feedsportal.com
  
  A petition forced a parliamentary debate as women born in the 1950s cope with sharp rises in their state pension ages
  
  Read more

• Petrol prices could drop to 90P A LITRE - but stations REFUSE to drop costs

  07-01-2016 14:17 via feedproxy.google.com
  
  DRIVERS are hoping for another bumper drop in fuel costs as oil prices today slid to their lowest level since 2002.
  
  Read more

• Housebuilder Persimmon grows revenues by 13pc

  07-01-2016 13:47 via telegraph.feedsportal.com
  
  The company reported that 14,572 new homes were completed, buoyed by government subsidies
  
  Read more

• Osborne warns of "dangerous cocktail" of threats for 2016

  07-01-2016 13:33
  
  LONDON (Reuters) - Chancellor George Osborne warned on Thursday that the economy faced a "dangerous cocktail" of threats from abroad and he urged against complacency after two years of solid growth.
  
  Read more

• Is China really devaluing its currency?

  07-01-2016 13:30 via telegraph.feedsportal.com
  
  Markets have taken fright at the prospect a new round of currency wars. But the Chinese say they want a "stable" exchange rate. So what's really going on?
  
  Read more

• FTSE dips below 6,000 as China fears wipe £42bn off market - LIVE

  07-01-2016 13:29 via telegraph.feedsportal.com
  
  For the second time in a week China has been forced to suspend stock trading after Shanghai Index plunges more than 7pc
  
  Read more

• Poundland shares dive as retailer feels the pain of a quieter high street

  07-01-2016 13:16 via telegraph.feedsportal.com
  
  Discount shop says 99p Stores deal helped its sales but profits will be at the low end of forecasts
  
  Read more

• Global food prices drop 19pc in 2015 as US dollar strengthens

  07-01-2016 13:15 via telegraph.feedsportal.com
  
  The appreciating US dollar, as well as weakening global demand for certain products, caused a price fall among foods from meat to sugar
  
  Read more

• MPs to grill UK watchdog over scrapping of banking culture review

  07-01-2016 13:12
  
  LONDON (Reuters) - The heads of Britain's Financial Conduct Authority will be asked later this month by a panel of MPs to explain their "curious decision" to ditch a review into banking culture.
  
  Read more

• Noble Group under pressure as S&P cuts rating to junk

  07-01-2016 13:01 via telegraph.feedsportal.com
  
  The commodities trader insists second downgrade in space of two weeks won't affect operations
  
  Read more

• Time to cash in on Provident Financial? - IG

  07-01-2016 13:00
  Time to cash in on Provident Financial?
  IG
  Doorstep lender Provident Financial was perhaps one of the most unlikely winners of the post-crisis rally, with its performance recently crowned by inclusion in the FTSE 100. However, economic developments, valuation concerns, plus growing threat to ...
  

• 'Will my Isa earnings count towards the Personal Savings Allowance?'

  07-01-2016 12:56 via telegraph.feedsportal.com
  
  With only a single Government fact sheet available, some of the specifics of the new Personal Savings Allowance are still confusing readers
  
  Read more

• Spectre and Star Wars take UK box office to all-time high

  07-01-2016 12:47 via telegraph.feedsportal.com
  
  Cinema ticket sales in the UK and Ireland jumped 11pc from 2012, the previous record year, with five films making more at the box office than the biggest success of 2014
  
  Read more

• Ryanair passenger numbers jump after airline cuts fares following Paris attacks

  07-01-2016 12:28 via telegraph.feedsportal.com
  
  Lower prices boosted airline, but terrorism weighed on easyJet
  
  Read more

• UK house prices rose 9.5% last year in largest hike since 2006, says Halifax

  07-01-2016 12:25
  
  National average house price now 5.58 times earnings, in sign of continued lack of homes for sale to meet demandUK house prices rose by 9.5% in 2015, figures from the country’s biggest mortgage lender show, in the biggest increase since 2006, before the financial crisis.Halifax’s latest monthly report showed the average price of a home in the UK rose by 1.7% in December 2015, to hit a new high of £208,286. Continue reading...
  
  Read more

• Pressure builds on FCA as Osborne rules out Tracey McDermott from top job

  07-01-2016 12:24 via telegraph.feedsportal.com
  
  Chancellor announces interim chief executive "doesn't want the job full time"
  
  Read more

• Santander customers warned as fees jump by 150 PER CENT

  07-01-2016 12:14 via feedproxy.google.com
  
  MILLIONS of Santander customers will see the cost of their current account jump next week as the bank raises fees by 150 per cent.
  
  Read more

Follow @financialnwsUK on Twitter!