Financial news

• Ethical credentials in doubt at the Co-op Bank | Letter

  03-04-2016 21:07
  
  In your article on Niall Booker’s pay package (Co-op Bank defends chief’s £3.85m pay, Financial, 2 April) you state that the Co-op Bank presents itself as an ethical alternative to the big high street lenders. However, many of us who banked with Co-op for precisely that reason have sadly closed our personal accounts in the past few months. The Co-op Bank has lost its ethical credentials by closing several charity and “solidarity” accounts, including Palestine Solida
  
  Read more

• Share Hunter: B&Q owner Kingfisher to fit things together

  03-04-2016 20:28 via feedproxy.google.com
  
  KINGFISHER may not be a household name, but two of the company’s brands, B&Q and Screwfix, will be familiar to DIY fans across the country.
  
  Read more

• The Panama Papers: how to hide a billion dollars – video explainer

  03-04-2016 19:57
  
  A major leak of the secret offshore arrangements of some of Vladimir Putin’s closest friends reveals how hundreds of millions of dollars are hidden around the globe in complex financial structures. A trove of leaked documents from Panamanian law firm Mossack Fonseca unveils previously untraceable transactions of some of Russia’s most powerful men Continue reading...
  
  Read more

• AIM facing struggle as firms delist

  03-04-2016 19:02 via feedproxy.google.com
  
  THE Alternative Investment Market has continued to struggle in the past year, with more companies delisting and fewer IPOs, according to a new report.
  
  Read more

• Advertisement

• Your money and morality can’t lead separate lives | Zoe Williams

  03-04-2016 18:57
  
  The right struggles to align its beliefs with how it spends and saves. But the left has problems tooYou might think it too soon to start speculating about the tax planning of Ronnie Corbett, but not for the Sunday Telegraph: he “spared” his daughters a six-figure tax bill, the paper reports, by selling his large family home, buying a bungalow, giving them the money and then surviving for another seven years so that the gift wouldn’t be taxed.You can question the news value of t
  
  Read more

• Port Talbot closure would tear hole in UK manufacturing supply chain

  03-04-2016 18:15
  
  PORT TALBOT, Wales/LONDON (Reuters) - The closure of Tata Steel's operations in Britain would leave a hole in manufacturers' supply chains, dealing a blow to thousands of smaller firms across the country and creating a logistical headache for the car industry.
  
  Read more

• Charlton honoured as Old Trafford stand is named after him

  03-04-2016 17:43
  
  LONDON (Reuters) - Bobby Charlton, still Manchester United's record goalscorer more than 40 years after retiring as a player, was given an emotional salute on the Old Trafford pitch on Sunday when the South Stand was named the Sir Bobby Charlton Stand in his honour.
  
  Read more

• Commuters save £3,000 on property each minute further out of London

  03-04-2016 17:38
  
  As more families cash-in and move out of the capital, the estate agent Savills has calculated the savings in house prices per minute per train journeyHouse prices in the London commuter belt fall by more than £3,000 for every minute further away the property is by train from the capital, research has found. Savills estate agents researched property prices around 314 stations in places surrounding the capital on direct commuter lines into the city. It found that average property prices with
  
  Read more

• Advertisement

• Police issue security warning over Santander cashpoints

  03-04-2016 17:35
  
  Fears that ATMs in Lancashire and elsewhere have been compromised after reports of suspicious devicesPolice have warned people in Lancashire and Wilmslow, Cheshire, not to use Santander cash machines over fears they have been compromised. The warning follows reports of suspicious devices on the bank’s machines across Lancashire last week.Continue reading...
  
  Read more

• Bank of England: Brexit volatility damages UK's financial stability - FinBuzz (press release) (blog)

  03-04-2016 16:57
  FinBuzz (press release) (blog)
  Bank of England: Brexit volatility damages UK's financial stability
  FinBuzz (press release) (blog)
  LONDON (Investment Week) – The Bank of England has warned that the outlook for financial stability in the UK has profoundly worsened because of volatility ahead of the referendum. In a report by the Financial Policy Committee, led by governor Mark ...en meer »
  

• 'UK steelworkers' pensions could be slashed under Tata plan - Financial Express

  03-04-2016 15:13
  Financial Express
  'UK steelworkers' pensions could be slashed under Tata plan
  Financial Express
  Tens of thousands of steelworkers in the UK could have their pensions slashed by up to 20 per cent under plans by Tata to wash its hands of the 15 billion pounds British Steel retirement scheme, media reported today. By: PTI | London | April 3, 2016 6 ...en meer »
  

• 'Out' leads by 4 percentage points ahead of Britain's EU referendum - poll

  03-04-2016 15:08
  
  LONDON (Reuters) - Support for Britain to leave the European Union stood at 43 percent, ahead of support to stay within the 28-member bloc, which stood at 39 percent, according to an online survey taken by pollster Opinium for the Observer newspaper.
  
  Read more

• Tax return headaches: there are ways to make filing less of a chore

  03-04-2016 14:00
  
  This year procrastination may not be such a bad approach and there are some often overlooked deductions that could sweeten the pill for youIf ever there was a season for procrastinating, this is it. Tax filing deadline is almost upon us and a nation’s thoughts turn to sorting out those gutters, cleaning the windows, regrouting the bathroom – anything except filing their taxes.How bad is it? Well, 35% of us would rather explain the birds and the bees to our children and 13% would rath
  
  Read more

• British doctor alleges he doped 150 sports people

  03-04-2016 13:58
  
  LONDON (Reuters) - The British government has ordered an inquiry into the way the country's anti-doping agency handled allegations that a British doctor prescribed banned performance-enhancing drugs to leading sports people.
  
  Read more

• Aerospace, defence industry backs Britain's EU membership - survey

  03-04-2016 10:02
  
  LONDON (Reuters) - The majority of British aerospace, defence, security and space companies believe that the country should stay in the European Union, the latest business group to come out in favour of staying in the bloc.
  
  Read more

• ‘In St Ives, we’re facing the financial cleansing of the town’s people’

  03-04-2016 08:00
  
  As St Ives prepares to vote in a groundbreaking referendum to restrict second homes, there’s a surge of support for the change on the cosmopolitan harbourside“Doesn’t that look wonderful, that little glimpse you can see? Doesn’t that look gorgeous?”Linda Taylor is marching down a narrow cobbled street towards the harbour in the picture-postcard Cornish town of St Ives. She pauses at the end of the street to look across the water. Boats bob in the sunshine, children
  
  Read more

• Emerald Life looks to address LGBT insurance concerns

  03-04-2016 08:00
  
  Firm will launch home, life, wedding and pet insurance products aimed at the gay and lesbian communityAn insurance provider which has unveiled products specially aimed at the LGBT community has said that gay people often feel ignored when buying financial services.Emerald Life, based in London, launched last week with home, life, wedding and pet insurance products aimed at the gay and lesbian community. It is expected that travel policies will follow later. Continue reading...
  
  Read more

• DFS delayed delivery so long, our sofa price had been cut in a sale

  03-04-2016 08:00
  
  We paid more than £2,000, but then the item was reduced in the saleI saw a case that Consumer Champions covered, whereby a retailer’s promise of eight weeks’ delivery turned into a 38-week wait, and thought that my situation might fall into the same category. In mid-October last year I ordered furniture worth around £6,000 from DFS for pre-Christmas delivery. Part of the order was delivered as promised, but the main sofa, which cost £2,298, did not turn up until ear
  
  Read more

• Ways to fight back against these sneaky price hikes

  03-04-2016 01:01 via feedproxy.google.com
  
  Official figures may suggest that inflation has fallen to nearly zero, but many ordinary people will beg to differ.
  
  Read more

• Pension Protection scheme primed to bailout Tata steel workers and BHS

  03-04-2016 01:01 via feedproxy.google.com
  
  COMPANIES across the country could be forced to stump up for the potential rescue of both the Tata-sponsored £14billion British Steel Pension Scheme and its £435million BHS counterpart.
  
  Read more

• HSBC set to offer online video meetings with mortgages advisors

  03-04-2016 01:01 via feedproxy.google.com
  
  HSBC customers will be able to hold meetings with mortgage advisors using online video links, under a trial being carried out by the bank.
  
  Read more

• Five-minute guide to the slow death of Premium Bonds

  03-04-2016 01:01 via feedproxy.google.com
  
  ONE in three Britons holds Premium Bonds making them the nation’s favourite flutter, but now they are starting to look like a losing bet.
  
  Read more

• Business news: M&S clothes sales, Libor trial and Moma foods crowfunding

  03-04-2016 01:01 via feedproxy.google.com
  
  MARKS & Spencer’s new chief executive Steve Rowe is set to say that its clothing sales fell for a fourth consecutive quarter, when he makes his City debut this week.
  
  Read more

Follow @financialnwsUK on Twitter!