Financial news

• George Osborne backs down on radical pension reform

  04-03-2016 23:00
  
  Less than a fortnight before the budget chancellor fears backlash from affluent votersGeorge Osborne has been forced to abandon a package of pension reforms, including reducing tax relief for higher earners, amid growing concern that their introduction could have prompted a backlash from affluent voters. Related: £4bn raid on pension savings likely, says former Osborne adviserContinue reading...
  
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• MPs say Facebook may have broken tax rules

  04-03-2016 20:05
  
  LONDON (Reuters) - Facebook said it would ditch a corporate structure that helps minimise its UK tax bill, prompting MPs and campaigners to ask whether the arrangement had ever complied with UK tax rules.
  
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• UK companies reluctant to flag up slavery risks - consultants

  04-03-2016 18:55
  
  LONDON (Thomson Reuters Foundation) - The first statements issued by companies in Britain detailing their measures to ensure their businesses are free from slavery are an encouraging start but fall short on detail, experts say.
  
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• Pie maker Higgidy warms up for 50 million milestone

  04-03-2016 18:52 via feedproxy.google.com
  
  BRITISH pie maker Higgidy is set to take its 50 millionth pie out of the oven, marking a milestone for the company as the industry prepares for National Pie Week starting on Monday.
  
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• Let’s move to Moretonhampstead and east Dartmoor, Devon

  04-03-2016 17:30
  
  Wild ghost-dogs, wildnerness aplenty and a great selection of gastropubs – what’s not to love?What’s going for it? The wild, blasted moors of the great granite dome of Dartmoor are fit only for habitation by beasts – the hound of the Baskervilles – or the hardiest of humans: King Lear, Bear Grylls, Lady Colin Campbell and the like. The rest of us, though, have always been attracted to a little bit of rough, so long as it’s tempered by a pretty thatched roof, a
  
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• Draghi's BAZOOKA of cash to SAVE the EU: ECB's desperate bid to avoid crisis

  04-03-2016 17:21 via feedproxy.google.com
  
  INTEREST rates could be cut in Europe and billions of pounds worth of extra cash injected into the ailing economy next week, amid growing fears of a financial cries on the continent.
  
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• Saving for your pension - by numbers

  04-03-2016 16:31 via telegraph.feedsportal.com
  
  All the numbers you need to know about pensions following news of a possible age hike
  
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• Cameron urges Scots to stick with the EU as well as the UK

  04-03-2016 16:31
  
  EDINBURGH (Reuters) - Prime Minister David Cameron urged Scots on Friday to vote to stay in the European Union, as they did to keep Scotland part of the United Kingdom in 2014.
  
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• Britons' concern over EU hits highest level for 13 years - survey

  04-03-2016 15:48
  
  LONDON (Reuters) - Concerns about the European Union are at their highest level for 13 years in Britain ahead of a June 23 referendum on whether the country should stay in the bloc, but immigration and health are even more important to the public, a survey suggested on Friday.
  
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• BHS to close up to 40 stores after cutting 400 jobs

  04-03-2016 15:38 via feedproxy.google.com
  
  HIGH street stalwart BHS is culling hundreds of jobs and considering closing up to a quarter of its stores, which could lead to thousands of further staff cuts.
  
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• Belfast bomb injures prison officer; police call threat 'severe'

  04-03-2016 14:48
  
  BELFAST (Reuters) - A prison officer was injured by a bomb which exploded under his van in Belfast on Friday, police said, warning of a "severe" threat to security forces as the centenary approaches of the 1916 anti-British Easter Rising.
  
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• George Osborne set to unveil Pension ISA costing middle Britain's savers thousands

  04-03-2016 14:37 via feedproxy.google.com
  
  MIDDLE-class savers are set to lose tens of thousands of pounds in tax relief as rates are slashed alongside the introduction of a 'pensions ISA' expected to be revealed in the 2016 Budget in less than two weeks.
  
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• House prices set to fall after April, warn experts

  04-03-2016 13:47 via feedproxy.google.com
  
  HOUSE prices are still soaring but experts have warned the market to be braced for a sharp slowdown from April.
  
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• Pensions Isa: what is the chancellor considering?

  04-03-2016 13:34
  
  George Osborne could change the tax relief available on pensions, so they are treated similarly to Isas, in the March budgetThe chancellor, George Osborne, is reported to be considering making radical changes to pensions that could be announced as soon as this month in his budget statement.What changes could be made? Continue reading...
  
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• Improved energy storage could help save Britain £8bn a year, says report

  04-03-2016 13:00
  
  A ‘smart power revolution’ will help Britain meet its 2050 carbon targets, secure future supply and save consumers money, government report findsBritain could save £8bn a year and slash its carbon footprint by using electricity better, a new report says. The National Infrastructure Commission said a “smart power revolution” which improves the storage of power could transform the energy landscape. Its report, Smart Power, looks into ways the UK can better balance sup
  
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• Email scam costs couple £25,000 – but no one will help

  04-03-2016 12:53
  
  Transfer they thought was to builder turned out to be fraudulent but police and banks have so far not helped recover the moneyA record label manager and her husband have been conned out of £25,000 after becoming the latest people to fall victim to a highly sophisticated email scam.Their story involves a fraudster who posed as their builder, set up a copycat email address and even managed to mock up an incredibly realistic fake invoice. It shows the lengths criminals will go to, and will se
  
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• Pensions ISA could be in budget despite criticism, Treasury indicates

  04-03-2016 12:32
  
  Controversial policy that could see people take entire pension pot tax free is said to be among those considered by chancellorRadical options for reforming Britain’s pension system at the 16 March budget are still on the table, Treasury sources have indicated, despite public criticism of plans from the pensions minister Ros Altmann.Lady Altmann warned that controversial proposals for a “pensions ISA”, which could allow savers to take their entire pot tax free on retirement, cou
  
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• UK new car registrations rise 8.4 percent year-on-year in Feb - SMMT

  04-03-2016 11:29
  
  LONDON (Reuters) - British new car registrations rose 8.4 percent to 83,395 units last month, the strongest performance for the month of February since 2004, the Society of Motor Manufacturers and Traders said on Friday.
  
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• Facebook to pay MILLIONS more in tax after paying a paltry £4,327 in 2014

  04-03-2016 11:12 via feedproxy.google.com
  
  FACEBOOK is to start paying millions of pounds more in tax in Britain following public outcry over the social media giant's recent contributions.
  
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• Surreal estate: a Georgian mansion with naval connections – in pictures

  04-03-2016 08:00
  
  You get acres of landscaped gardens and a private boating lake – in south LondonContinue reading...
  
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• My boss shouted at me in front of colleagues – what should I do?

  04-03-2016 08:00
  
  I feel humiliated and angry, and I wasn’t even at fault
  Twice a week we publish problems that will feature in a forthcoming Dear Jeremy advice column in the Saturday Guardian so that readers can offer their own advice and suggestions. We then print the best of your comments alongside Jeremy’s own insights. Here is the latest dilemma – what are your thoughts?My line manager shouted at me in front of my colleagues for something that I did not do. She later sent me a text to apolo
  
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• Just stop tampering with pensions, Chancellor

  04-03-2016 07:15 via telegraph.feedsportal.com
  
  Telegraph View: George Osborne should simply abandon changes that will reduce incentives to save and create yet more uncertainty
  
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• Plans for wide-ranging cap on energy bills expected to be scrapped

  04-03-2016 01:01
  
  Competition watchdog likely to ditch price curbs for customers on standard tariffs amid pressure from UK’s biggest suppliersThe competition watchdog is expected to announce next week that it has ditched plans to introduce a wide-ranging price cap on energy bills after fierce lobbying from the big six suppliers.The Competition and Markets Authority (CMA) is also likely to announce that it is lifting a limit on the number of tariffs that companies can offer, scrapping a policy that was intro
  
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