Financial news

• City News: Ladbrokes, LSE, BHP Billiton, WH Ireland

  23-02-2016 20:53 via feedproxy.google.com
  
  AN “unpredictable” English Premier League season, in which Leicester City has stormed to the top of the table led by striker Jamie Vardy, has helped Ladbrokes attract punters.
  
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• UK, Scottish govts reach deal on more financial powers - Yahoo News

  23-02-2016 20:37
  UK, Scottish govts reach deal on more financial powers
  Yahoo News
  LONDON (AP) — The Scottish and U.K. governments say they have reached a deal that will give more financial powers to the Scottish parliament. Negotiations over the financial deal, which enables new powers to be devolved from the U.K.'s central ...en meer »
  

• Standard Chartered falls £1.1bn into red

  23-02-2016 20:35 via feedproxy.google.com
  
  STANDARD Chartered slumped to its first annual loss since 1989 and warned of more “painful” restructuring after taking a battering from China’s slowing economy and tumbling commodity prices.
  
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• EU referendum: Bank of England is making 'contingency plans', says Governor Mark Carney

  23-02-2016 20:20 via telegraph.feedsportal.com
  
  Mr Carney will outline the possible implications of a Brexit at a key committee hearing on March 8
  
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• Tracing lost legacies: Genealogy Worldwide flourishing with diverse client base

  23-02-2016 19:49 via feedproxy.google.com
  
  BLOOD, money and family secrets are the stock in trade of a growing company setting new professional standards in the unregulated heir hunting industry.
  
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• UK Financial Regulator Vows to Give Blockchain 'Space' to Grow - CoinDesk

  23-02-2016 19:29
  CoinDesk
  UK Financial Regulator Vows to Give Blockchain 'Space' to Grow
  CoinDesk
  The UK Financial Conduct Authority (FCA) has said it does not plan to regulate the blockchain industry for now as it believes the technology will need "space" to grow. The news was delivered yesterday in a speech by Christopher Woolard, the FCA's ...
  UK Financial Regulator Monitors Development Of Blockchain Technology, Yet ...EconoTimesalle 33 nieuwsartikelen »
  

• Crisis in kitchens as female talent drains away

  23-02-2016 19:06 via feedproxy.google.com
  
  Women rule on cooking shows like the Great British Bake-Off but female chefs could be an endangered species soon in the UK.
  
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• How to survive costly pension pot meltdown

  23-02-2016 18:45 via feedproxy.google.com
  
  THE pension system is on the brink of meltdown as repeated tax grabs and the stock market rout hammer Britons’ faith in saving for the future.
  
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• Shock study finds a quarter of homes EARN MORE than their owners

  23-02-2016 17:57 via feedproxy.google.com
  
  BRITAIN'S house prices are rising so fast that a growing number of homes now 'earn' more than their owners, according to new analysis.
  
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• April’s surcharge D-Day will fool many landlords

  23-02-2016 17:54 via feedproxy.google.com
  
  BUY-TO-LET investors and holiday home owners who want to beat the new stamp duty surcharge must act fast or risk losing thousands of pounds.
  
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• Borrowers in their forties told they’re TOO OLD for mortgages

  23-02-2016 14:22 via feedproxy.google.com
  
  PEOPLE in their forties are being told they are too old to take out mortgages as a result of draconian lending measures.
  
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• National Lottery: What time is Wednesday's Lotto draw, how much is the jackpot and how can I buy a ticket?

  23-02-2016 14:12 via telegraph.feedsportal.com
  
  One winner scooped Saturday's jackpot of £6.7million, so Wednesday's jackpot stands at £2.2million
  
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• Richest fifth in the UK worse off since financial crash, official figures reveal - The Guardian

  23-02-2016 13:46
  The Guardian
  Richest fifth in the UK worse off since financial crash, official figures reveal
  The Guardian
  The Office for National Statistics said the economic downturn had a negative impact on the income of the top fifth wealthiest population in Britain. Photograph: Tim Gainey/Alamy. Rupert Jones. Tuesday 23 February 2016 07.45 EST Last modified on Tuesday ...en meer »
  

• With oil at $30-$40, SWFs may pull $404 billion from stocks in 2016

  23-02-2016 13:11
  
  LONDON (Reuters) - Sovereign wealth funds (SWFs) might take a further $404 billion out of global listed equities in 2016 if oil prices stay between $30 and $40 a barrel, after pulling out about half that amount last year, a research organisation said on Monday.
  
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• Merging with the Germans: LSE and Deutsche Boerse to create world's biggest stock exchange

  23-02-2016 13:01 via feedproxy.google.com
  
  THE company running Britain's top stock markets, holding the pension savings of millions, could be about to merge with its German equivalent.
  
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• Meggitt increases job cuts as markets toughen

  23-02-2016 11:59 via telegraph.feedsportal.com
  
  Aerospace and energy engineer posts drop in profits as oil price crash and new airliners cut demand for its spare parts
  
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• Brexit would make third Heathrow runway more pressing, airport boss warns

  23-02-2016 11:46 via telegraph.feedsportal.com
  
  Heathrow boss John Holland-Kaye said he wanted Britain stay in a reformed EU, but exit would strengthen the case for airport expansion
  
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• Asset manager WHI raises million pounds after UK watchdog fine

  23-02-2016 11:28
  
  LONDON (Reuters) - Britain's financial regulator has fined W H Ireland 1.2 million pounds ($1.7 million) for inadequate controls to prevent trading abuses, prompting the asset manager and broker to ask shareholders for a similar sum.
  
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• Hedge fund investors back equity long-short for 2016

  23-02-2016 11:07
  
  LONDON (Reuters) - Equity funds that can profit from both rising and falling markets and rivals betting on macroeconomic trends are expected to outperform in 2016, a Deutsche Bank survey of investors managing $2.1 trillion in assets showed.
  
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• Will my husband's £30k South Wales property mean we have to pay extra stamp duty?

  23-02-2016 11:04 via telegraph.feedsportal.com
  
  A married couple looking to buy a home together are worried they will have to pay the 3pc stamp duty surcharge
  
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• FTSE 100 falters after Asian stocks surrender gains as oil resumes slide - live

  23-02-2016 10:58 via telegraph.feedsportal.com
  
  European bourses open in negative territory after Asian stock markets lose ground, as oil prices fall amid concerns Iran will increase output
  
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• Business leaders' EU letter adds little to 'In' campaign

  23-02-2016 10:55 via telegraph.feedsportal.com
  
  What is more important is who has not signed the letter - and why
  
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• Credit-card lending pays off for Provident

  23-02-2016 10:48 via telegraph.feedsportal.com
  
  Sub-prime lender posts a 22pc increase in annual profits
  
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• Shares in Standard Chartered plunge after bank reports $1.5bn loss

  23-02-2016 10:24 via telegraph.feedsportal.com
  
  The British-based bank is caught in an expensive cross-fire of falling commodities prices, an economic slowdown in Asia and its own efforts to sell off unprofitable businesses
  
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• Ladbrokes reports its first loss in a decade

  23-02-2016 10:09 via telegraph.feedsportal.com
  
  Betting company swings to a £43.2m loss on the back of costs related to merger with Gala Coral
  
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• Housebuilder Persimmon posts bumper results

  23-02-2016 09:19 via telegraph.feedsportal.com
  
  The company is the latest developer to report huge profits rises as the UK housing market continues to boom
  
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• Regulator fines WH Ireland £1.2m for serious failings

  23-02-2016 08:59 via telegraph.feedsportal.com
  
  The broker also faces sanctions after breaching rules on risk management and oversight
  
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• Mortgage rate war: now the Post Office offers three-year deal at 2.24pc

  23-02-2016 08:30 via telegraph.feedsportal.com
  
  As the battle for mortgage business continues, Post Office Money's new offerings deliver on rate but come with a high fee sting in the tail
  
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• British companies' dividends fall behind other world markets

  23-02-2016 08:30 via telegraph.feedsportal.com
  
  Income-seeking investors warned that payouts by UK companies are now among the weakest in the world
  
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• Londoners need a 266pc pay rise to buy a house

  23-02-2016 06:30 via telegraph.feedsportal.com
  
  Affordability is being stretched even further as house prices increase - and it's the young that's getting hit the hardest
  
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• North Sea oil investment to slump 90pc this year as losses mount

  23-02-2016 06:15 via telegraph.feedsportal.com
  
  This year nearly half of all UK oilfields could operate at a loss, sparking fears for the future as investment dries up
  
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• TV advertising exceeds £5bn for first time

  23-02-2016 06:00 via telegraph.feedsportal.com
  
  Revenues from TV advertising rose 7.4pc to £5.27bn last year, the sixth consecutive year of growth
  
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• PPI compensation is still the biggest cause for complaints against banks

  23-02-2016 06:00 via telegraph.feedsportal.com
  
  Financial ombudsman says customers flagged 92,000 new problems in last six months of 2015
  
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• Banks ordered to treat vulnerable customers with empathy

  23-02-2016 06:00 via telegraph.feedsportal.com
  
  Too often finance firms fail to treat ill, vulnerable and bereaved customers with the respect and help they deserve, according to a taskforce from the industry and charity sectors
  
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• Gas only a stopgap for UK without carbon capture - report

  23-02-2016 01:11
  
  LONDON (Reuters) - Natural gas only has a stopgap role in moving Britain to low-carbon energy until 2020 and will then be limited without carbon capture and storage (CCS) technology, a UK Energy Research Centre report said on Tuesday.
  
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• Oil lobby warns UK output could halve by 2025 if money dries up

  23-02-2016 01:03
  
  LONDON (Reuters) - British oil and gas production could halve by 2025 if oil companies do not spend enough to squeeze every last drop out the North Sea, industry group Oil and Gas UK warned on Tuesday.
  
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• BHP Billiton slashes dividend after slumping to $5.67bn loss

  23-02-2016 00:47 via telegraph.feedsportal.com
  
  Anglo-Australian miner cuts payout for the first time in 15 years
  
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• Opec has failed to stop US shale revolution admits energy watchdog

  23-02-2016 00:38 via telegraph.feedsportal.com
  
  'This cycle is very nasty. It sets the seed for a very high price in the future,' said Opec's secretary-general
  
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• Assange ask Swedish court to overturn arrest warrant

  23-02-2016 00:13
  
  STOCKHOLM (Reuters) - Lawyers for Julian Assange have asked a Swedish court to overturn an arrest warrant for the Wikileaks founder following a ruling by a U.N. panel that his stay in Ecuador's London embassy amounts to arbitrary detention.
  
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