Financial news

• Grieving low-income families pushed into funeral poverty, say MPs

  30-03-2016 21:38
  
  Rising cost of basic ceremonies and lack of state support risks ‘return to miserable pauper’s funerals’, says Frank FieldThe soaring cost of funerals, coupled with an erosion in the value of state funeral grants, is pushing poorer families into debt and distress, a report by MPs has concluded.The all-party work and pensions select committee called on the government to launch an inquiry into the funeral industry to tackle the causes of funeral cost inflation and address rising f
  
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• Aldi recalls branded biscuits due to possible pest contamination

  30-03-2016 20:20
  
  Affected products include Aldi Cheese Thins, Aldi Cheese Bakes, Aldi Oddbites and Aldi Ginger NutsDiscount supermarket Aldi has recalled some branded biscuits and snacks due to possible “pest contamination”.The products, made by Baketime, have been withdrawn from sale “on a precautionary basis” because of “potential unhygienic manufacturing conditions”, the recall notice says, adding: “These products are sold by Aldi, Asvina, Booker and LBV.” Conti
  
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• Modern rail travel is a slow-grinding nightmare of too many people and too little space | Stuart Heritage

  30-03-2016 17:13
  
  When the police are needed to clear passengers from a dangerously overcrowded train, you know Britain’s railways have reached a new lowI have seen the face of the devil. I prised open his slippery mandible, and peered into his gaping maw as the acrid talons of his breath tore away at my flesh and hair until I was left quivering against the wind, having glimpsed cruelty in its rawest form.Which is to say that I got a Great Western train from Paddington to Cornwall on a bank holiday once. Bu
  
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• European court clears UK officials in 2005 de Menezes shooting case

  30-03-2016 16:54
  
  STRASBOURG, France (Reuters) - Europe's top human rights court ruled on Wednesday that British prosecutors were right not to charge police officers involved in the shooting 11 years ago of a Brazilian man they thought was a suicide bomber.
  
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• EU bonus cap has not dented financial stability - watchdog - Yahoo Finance UK

  30-03-2016 16:11
  EU bonus cap has not dented financial stability - watchdog
  Yahoo Finance UK
  LONDON, March 30 (Reuters) - A cap on banker bonuses in the European Union has not undermined financial stability or made it harder for lenders to control costs, the bloc's banking watchdog said on Wednesday in a rebuttal of UK arguments against the ...en meer »
  

• New official UK house price index points to bigger past rises

  30-03-2016 15:21
  
  LONDON (Reuters) - British homeowners might be sitting on bigger increases in the value of their properties than they thought, based on a new official measure of house prices.
  
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• Why do the Tories want to hide who owns our country’s land? | Charles Arthur

  30-03-2016 15:01
  
  Selling off the Land Registry could lead to an increase in house prices as a private monopoly hoards information on property salesLike an embarrassed child trying to hide a broken lamp behind a curtain, Sajid Javid last Thursday, hours before the Easter break, sneaked out the news that the government wants to privatise the Land Registry. Perhaps he hoped nobody would notice.In vain. The growing number of people who rely on open government data to run businesses and understand what is happening t
  
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• NVIDIA Co. (NVDA) Stake Boosted by Gulf International Bank UK Ltd - Financial Market News

  30-03-2016 14:40
  Financial Market News
  NVIDIA Co. (NVDA) Stake Boosted by Gulf International Bank UK Ltd
  Financial Market News
  NVIDIA logo Gulf International Bank UK Ltd raised its stake in NVIDIA Co. (NASDAQ:NVDA) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 164,125 shares of the ...en meer »
  

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• Edison International (EIX) Shares Bought by Gulf International Bank UK Ltd - Financial Market News

  30-03-2016 14:38
  Financial Market News
  Edison International (EIX) Shares Bought by Gulf International Bank UK Ltd
  Financial Market News
  Edison International logo Gulf International Bank UK Ltd raised its position in Edison International (NYSE:EIX) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned ...en meer »
  

• Gulf International Bank UK Ltd Invests $5936000 in Baidu Inc (BIDU) - Financial Market News

  30-03-2016 14:35
  Financial Market News
  Gulf International Bank UK Ltd Invests $5936000 in Baidu Inc (BIDU)
  Financial Market News
  Baidu logo Gulf International Bank UK Ltd acquired a new position in shares of Baidu Inc (NASDAQ:BIDU) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 31,400 ...en meer »
  

• Property prices skyrocket in towns near London

  30-03-2016 14:21
  
  Land Registry figures show price growth in Slough, Luton and Reading running at up to 19%, while Essex borough of Thurrock is at 17%The commuter towns of Slough, Luton and Reading are Britain’s latest property hotspots, with annual price growth running at up to 19%, according to new official data.The latest figures from the Land Registry also reveal that the average cost of a home in England and Wales stood at £190,275 in February. This is 6.1% higher than a year earlier, but down sl
  
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• ECB's Weidmann warns against Britain leaving EU

  30-03-2016 13:23
  
  BERLIN (Reuters) - Britain has profited from the European Union's internal market and the EU would lose an important voice for competition and free trade if it were to leave the bloc, European Central Bank policymaker Jens Weidmann said.
  
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• Tata Steel plans to sell UK biz due to 'deteriorating financial performance' - Zee News

  30-03-2016 12:33
  Zee News
  Tata Steel plans to sell UK biz due to 'deteriorating financial performance'
  Zee News
  New Delhi: Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell its UK business as the company battles to control its "deteriorating financial performance". The Board of one of ...
  Tata Steel puts UK business on blockFinancial Expressalle 1.056 nieuwsartikelen »
  

• CompaniesPPI still dominates UK financial complaints - Financial Times

  30-03-2016 11:46
  Belfast Telegraph
  CompaniesPPI still dominates UK financial complaints
  Financial Times
  British consumers are lodging fewer complaints against banks, but payment protection insurance is still drawing a wave of whingeing, watchdog the Financial Conduct Authority said. All told, financial services firms received 2.11m complaints from July ...
  Financial services firms see fall in number of complaintsBelfast Telegraph
  UK financial services firms get 2.11 million new complaints in H2 2015LeapRate
  UK'
  

• Tata Steel: government considering financial support for UK business - The Guardian

  30-03-2016 11:01
  Zee News
  Tata Steel: government considering financial support for UK business
  The Guardian
  Steelmaking in an electric arc furnace. Tata Steel's UK business employs about 15,000 people, 4,000 of them at Port Talbot in south Wales. Photograph: PA. Sean Farrell and Anushka Asthana. Wednesday 30 March 2016 06.04 EDT Last modified on ...
  Tata Steel plans to sell UK biz due to 'deteriorating financial performance'Zee Newsalle 475 nieuwsartikelen »
  

• Investors tiptoe back into emerging markets as storm clouds linger

  30-03-2016 09:40
  
  LONDON (Reuters) - Emerging markets may well appear cheap again after years of attrition, but there's considerable trepidation about venturing back out to the developing world until the financial and political storms have finally lifted.
  
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• Why you might not be warned of an online security breach

  30-03-2016 09:01
  
  Surprisingly, under the Data Protection Act companies have no obligation to tell customers there could be a problemA few weeks ago, I received an email from my bank saying that due to a breach of security by an online retailer my credit card was cancelled and would be reissued. I contacted the bank to ask who was responsible but it said it did not have that information. I am appalled that the retailer is not required to send me information via Mastercard as to what occurred and the steps it has
  
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• Beautiful bungalows – in pictures

  30-03-2016 07:00
  
  From Alicante to Ayrshire, these single-storey properties are on the levelContinue reading...
  
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