Financial news

• Syria conference to urge doubling of financial contributions: UK - Yahoo News

  27-01-2016 23:22
  Yahoo News
  Syria conference to urge doubling of financial contributions: UK
  Yahoo News
  London (AFP) - A Syria donors' conference in London next week will urge participating countries to double the amount of money they are giving to tackle the humanitarian crisis, Downing Street said Wednesday.en meer »
  

• EU says could review British VAT exemption on food, drugs

  27-01-2016 23:19
  
  BRUSSELS (Reuters) - The European Union executive plans a review of value added tax (VAT) across the bloc that might call into question Britain's right to waive the sales duty on food, medicines and children's clothing, a senior EU official said.
  
  Read more

• McDonald's mozzarella sticks fall flat as snack is served … without mozzarella

  27-01-2016 23:01
  
  Customers complain after new menu item – designed to win back its fluctuating fan base – is served missing its main ingredientMcDonald’s mozzarella sticks are the company’s latest unhappy meal. Since being introduced earlier this month, customers have been tweeting photos of their mozzarella sticks ... without mozzarella. Craving mozzarella sticks. Excited that @McDonalds has them! Just to get home to have hollow breading :( #sad pic.twitter.com/ngnLG7Kx8K Continue readin
  
  Read more

• The Chancellor must make it his mission to simplify our crazy tax system

  27-01-2016 23:00 via telegraph.feedsportal.com
  
  The Google fiasco is just another manifestation of how our broken system is in urgent need of repair
  
  Read more

• Advertisement

• Federal Reserve is 'closely monitoring' global economy as it leaves rates on hold - as it happened

  27-01-2016 22:17
  
  Latest: US central bank leaves borrowing costs unchanged and reveals it is watching markets closelyLatest: Fed leaves rates on holdBut policymakers drop line about balanced risksMarket fall after statement releasedEarlier: Libor verdicts returned after 15 week trialShell-BG agreement gets green lightFull story: More provisions at RBS 9.17pm GMTAnd finally.... Wall Street has ended the night on the back foot, after being underwhelmed by the Federal Reserve.The Dow Jones shed 222 points, or almost
  
  Read more

• Hysteria over China has become ridiculous

  27-01-2016 21:57 via telegraph.feedsportal.com
  
  China is recovering but the world is not yet out of the woods. Capital outflows are dangerous wild card in China's currency drama
  
  Read more

• Cameron too close to Google, say critics, after £130m tax deal

  27-01-2016 21:37
  
  Vince Cable, Rupert Murdoch and Margaret Hodge among figures to speak out as questions grow over government links with senior company executivesDavid Cameron has been accused of getting too close to Google amid growing anger over the government’s £130m tax deal, which has been criticised for being too lenient towards the tech giant.
  Former cabinet minister Vince Cable, media mogul Rupert Murdoch and former chair of the Commons public accounts committee Margaret Hodge all voiced conce
  
  Read more

• Global turmoil to keep US interest rates on hold

  27-01-2016 20:47 via telegraph.feedsportal.com
  
  Falling oil prices and sliding inflation expectations have dulled hopes for further Federal Reserve action
  
  Read more

• Advertisement

• Federal Reserve keeps interest rates unchanged while monitoring markets

  27-01-2016 20:26
  
  US stock markets fell again Wednesday as the central bank left rates unchanged but pledged to monitor developments in the global economyUS stock markets fell again on Wednesday as the Federal Reserve announced it would keep key interest rates unchanged while pledging to closely monitor developments in the global economy and financial markets.In December the central bank made the decision to raise rates for the first time since the recession. Stock markets have been turbulent across the world sin
  
  Read more

• Why the Shell-BG mega-deal was risky for the City as well as the oil giants

  27-01-2016 20:17 via telegraph.feedsportal.com
  
  The Shell-BG deal was a sweet opportunity, but a dangerous one, too
  
  Read more

• EDF still at table but nuclear could be critical for Osborne

  27-01-2016 20:10
  
  The UK’s nuclear energy strategy will be in meltdown if the French pull out of Hinkley. The best guess is, they’ll find the cashWhat if EDF says no to Hinkley Point? What if the French power generator, under pressure from its unions and potential lenders, decides it can’t finance the £18bn project, even with the Chinese chipping in?After all, the disgruntled French workers make a reasonable point. EDF’s last big foreign adventure, in Finland, is nine years behind sc
  
  Read more

• UK's current financial crisis plan 'won't work in next downturn' - Telegraph.co.uk

  27-01-2016 20:01
  Telegraph.co.uk
  UK's current financial crisis plan 'won't work in next downturn'
  Telegraph.co.uk
  UK's current financial crisis plan 'won't work in next downturn' - Telegraph ...en meer »
  

• UK's current financial crisis plan 'won't work in next downturn'

  27-01-2016 20:00 via telegraph.feedsportal.com
  
  Policymakers must rethink the way they deal with crises, think tank warns
  
  Read more

• Questor share tip: Hold Avon Rubber after shares tumble 17pc

  27-01-2016 19:41 via telegraph.feedsportal.com
  
  Avon Rubber has more lucrative deals with the Middle East in the pipeline as military conflict spreads, says Questor.
  
  Read more

• Questor share tip: The most worrying chart for Apple right now

  27-01-2016 19:36 via telegraph.feedsportal.com
  
  Apple shares look like a screaming value bargain so why are investors rushing to sell?
  
  Read more

• David Cameron to visit Aberdeen to tackle North Sea jobs crisis

  27-01-2016 19:27 via telegraph.feedsportal.com
  
  The Prime Minister will set out 'vital' government action amid growing pressure to act
  
  Read more

• Blogger says flying via Berlin was cheaper than Sheffield to Essex train

  27-01-2016 19:22
  
  Jordon Cox claims he saved cash via unorthodox route – but admits it’s not an environmentally friendly journeyA teenage blogger claims he saved £7.72 on his train journey from Sheffield to Essex – by taking a plane via Berlin.Jordon Cox, 18, who blogs as the Coupon Kid for MoneySavingExpert.com, wrote on the website that he travelled an extra 1,017 miles last week and saved £7.72 by getting back to Essex from Sheffield via Berlin. Continue reading...
  
  Read more

• How historically accurate is The Big Short?

  27-01-2016 19:12
  
  Adam McKay’s subprime meltdown drama is fast, witty and furiously righteous. But when it comes to the real events behind the story, is it a good bet? Director: Adam McKay
  Entertainment grade: B+
  History grade: A–The global economy went into recession from 2007-2009. One contributor to this was the subprime mortgage crisis in the United States.Continue reading...
  
  Read more

• FTSE 100 closes higher ahead of Fed meeting as oil bounces back to $33

  27-01-2016 19:01 via telegraph.feedsportal.com
  
  Market Report: Just Eat suffers rating downgrade, as Morgan Stanley says its losing market share in the UK
  
  Read more

• Comparethemarket.com considers testing the meerkat with London IPO

  27-01-2016 18:51
  
  BGL Group, parent of the well-known price comparison website, confirms it has appointed advisers for a possible £1bn flotationSimples! The owner of comparethemarket.com, which has enjoyed huge success with its meerkat advertising campaign, is considering a stock market flotation that could value the price comparison website at more than £1bn. Continue reading...
  
  Read more

• Clydesdale float gets thumbs-up from shareholders

  27-01-2016 18:39 via telegraph.feedsportal.com
  
  The National Australia Bank is floating the Clydesdale and Yorkshire Bank, and shares are due to start trading next week
  
  Read more

• The Serious Fraud Office's chequered history

  27-01-2016 18:09 via telegraph.feedsportal.com
  
  The SFO has a mixed track record in winning blockbuster cases
  
  Read more

• Who's best at meeting tax return deadline? Men beat women, farmers are best, teenagers are worst

  27-01-2016 18:07 via telegraph.feedsportal.com
  
  HMRC self-assessment figures give a breakdown of who is most likely to file on time
  
  Read more

• As RBS investors, will the pain ever end for UK taxpayers?

  27-01-2016 18:05 via telegraph.feedsportal.com
  
  What this latest series of writedowns does is remind downtrodden investors that there is more woe to come
  
  Read more

• FTSE 100 turns positive and Wall Street sinks ahead of Fed meeting - live

  27-01-2016 17:39 via telegraph.feedsportal.com
  
  Wall Street stumbled this afternoon amid a drop in oil prices and ahead of the Federal Reserve's policy statement this evening.
  
  Read more

• 'I've been paid £500 for spotting derelict properties - with thousands to come'

  27-01-2016 17:25 via telegraph.feedsportal.com
  
  Opportunities are now so rare that developers pay 'finders' fees' to members of the public who spot homes that could be refurbished
  
  Read more

• Paragon Bank booms with 80pc growth in buy- to-let

  27-01-2016 16:35 via telegraph.feedsportal.com
  
  Fellow challenger bank Metro reports falling losses as it prepares a stock market flotation
  
  Read more

• L&G to build 3,000 rental homes

  27-01-2016 16:35 via telegraph.feedsportal.com
  
  Legal & General has teamed up with a Dutch pension fund to build and run rented properties
  
  Read more

• EU executive tells UKIP it won't campaign in Brexit referendum

  27-01-2016 16:35
  
  BRUSSELS (Reuters) - The European Union executive will not campaign in Britain's referendum on EU membership, though it believes it would be better off staying in the bloc, a European Commission official told eurosceptic lawmakers on Wednesday.
  
  Read more

• In uncertain times, Germany takes more gold home

  27-01-2016 16:32
  
  FRANKFURT (Reuters) - Germany's Bundesbank took more than 200 tonnes of its gold back to Frankfurt from overseas last year, the central bank said on Wednesday, as it moves towards hoarding half of the world's second-largest reserve at home.
  
  Read more

• History suggests investors face extended bear market blues

  27-01-2016 16:27
  
  LONDON (Reuters) - Good news for investors rattled by the "bear market" in many stock indices is that the selling may only last a few months --the bad news is that another big lurch lower is likely and that previous peaks will not be revisited for years.
  
  Read more

• Five of six Libor traders found not guilty

  27-01-2016 16:21 via telegraph.feedsportal.com
  
  Blow for Serious Fraud Office as jury finds traders not guilty of helping jailed former UBS trader Tom Hayes
  
  Read more

• Student rents are out of control – so at UCL we’re refusing to pay them| Angus O’Brien

  27-01-2016 16:03
  
  UCL students are protesting over sky-high rents that ape the private sector and show a flagrant disregard for our welfare. We’re fighting for rights for London tenantsRight now, more than 150 students at University College London (UCL) aren’t paying their rent. Collectively they are withholding more than £250,000 until their demands for affordable housing are met. This is a drastic course of action, though one that reflects the severity of the housing crisis in London – a
  
  Read more

• JK Rowling venture Pottermore predicts wizard sales of Harry Potter e-books

  27-01-2016 16:02 via telegraph.feedsportal.com
  
  Digital publisher sees recovery in sales after end of Sony deal
  
  Read more

• Stormy skies ahead for Boeing as it forecasts lower sales

  27-01-2016 15:47 via telegraph.feedsportal.com
  
  Boeing predicts lower revenues as demand for airliners eases in 2016
  
  Read more

• Ophir Energy appoints former BP executive as chairman

  27-01-2016 15:46 via telegraph.feedsportal.com
  
  The London-listed oil and gas explorer said chairman Nicholas Smith will step down in April
  
  Read more

• FTSE 100 turns positive ahead of Fed meeting as oil falters - live

  27-01-2016 15:39 via telegraph.feedsportal.com
  
  Chinese stock markets remain in the red after another set of woeful economic data and a drop in oil prices.
  
  Read more

• Legal & General to build and rent out 3,000 new UK homes

  27-01-2016 15:17
  
  Insurance and pensions firm will be landlord of thousands of flats, starting in Bristol, Salford and London, in partnership with Dutch PGGMBritish insurer Legal & General has teamed up with a Dutch pension fund manager to construct 3,000 apartments across the UK under a £600m “build-to-rent” plan.L&G and PGGM will initially build 650 flats in Bristol, Salford and Walthamstow, north-east London, to help tackle the housing crisis. Only about half of the 250,000 new homes
  
  Read more

• Cameron to meet EU's Juncker on Friday - spokeswoman

  27-01-2016 15:13
  
  LONDON (Reuters) - Prime Minister David Cameron will hold talks with European Commission President Jean-Claude Juncker in Brussels on Friday on his renegotiation of Britain's ties with the bloc, his spokeswoman said, ahead of a progress update expected next week.
  
  Read more

• Britain could use sanctions to pressure Maldives government

  27-01-2016 15:13
  
  LONDON (Reuters) - Britain could impose sanctions on Maldivian individuals if the Maldives' government fails to take action to free political prisoners, Prime Minister David Cameron said on Wednesday.
  
  Read more

• Santander UK profits dented by £450m PPI bill

  27-01-2016 14:33 via telegraph.feedsportal.com
  
  The bank won an extra 1m customers and an extra £100m of revenue, but charges for past wrongdoing wiped out those improvements to the bottom line
  
  Read more

• Dirty money, corruption, financial secrecy: UK govt must act, says Transparency Intl - RT

  27-01-2016 14:03
  RT
  Dirty money, corruption, financial secrecy: UK govt must act, says Transparency Intl
  RT
  The British government must more to tackle money laundering in the City of London, overseas bribery by UK firms, lax regulation and the secretive nature of British-controlled tax havens, a leading anti-corruption think tank has said. Transparency ...
  

• Toyota sales slow but Japanese giant remains world's biggest car company

  27-01-2016 13:49 via telegraph.feedsportal.com
  
  Japanese company retains crown as biggest car maker as 'dieselgate' scandal hits VW's performance
  
  Read more

• Comparethemarket set for £1bn stock market float

  27-01-2016 13:43 via telegraph.feedsportal.com
  
  Parent company of website known for its meerkat characters is preparing to switch to public ownership
  
  Read more

• Shell shareholders vote in favour of £40bn BG takeover

  27-01-2016 13:35 via telegraph.feedsportal.com
  
  Investors shrugged off doubts over the mega-deal in spite of the dwindling price of oil
  
  Read more

• BoE's Bailey to take more measured approach than predecessor

  27-01-2016 13:33
  
  DUBLIN (Reuters) - Andrew Bailey, the incoming head of Britain's Financial Conduct Authority, promised on Wednesday to listen carefully to the industry when he starts later this year as the regulatory tone towards banks softens.
  
  Read more

• FCA warns against self-cert mortgages from overseas lenders

  27-01-2016 13:30
  
  Borrowers will have no UK protection if things go wrong, cautions regulator, just days after launch of Selfcert.co.uk in Czech Republic
  The City watchdog has issued a warning to people considering taking out a self-certification mortgage from a company based outside the UK.
  Days after a new lender based in the Czech Republic started touting for business in the UK, attracting interest from thousands of self-employed borrowers, the Financial Conduct Authority has stepped in.Continue reading...
  
  Read more

• Sirius Minerals delays key feasibility report into York potash mine

  27-01-2016 13:29 via telegraph.feedsportal.com
  
  The company is looking to build a 'world-class' mine that will extract potash to make fertiliser for overseas customers
  
  Read more

• Antofagasta production misses targets in 'difficult' year

  27-01-2016 13:08 via telegraph.feedsportal.com
  
  The Chile-based copper mining is targeting big hikes in production for 2016, despite falling prices
  
  Read more

• Antofagasta misses production targets in 'difficult' year

  27-01-2016 13:08 via telegraph.feedsportal.com
  
  The Chile-based copper miner is targeting big hikes in production for 2016, despite falling prices
  
  Read more

Follow @financialnwsUK on Twitter!