Financial news

• Farage says Dutch 'No' would boost Brexit support

  04-04-2016 21:18
  
  VOLENDAM, Netherlands (Reuters) - The leader of Britain's UK Independence Party said on Monday that a Dutch vote against an EU treaty with Ukraine would give a boost to the Brexit camp less than three months from a British referendum on quitting the 28-nation bloc.
  
  Read more

• UK's Flood Re opens for business with A- financial rating - Business Insurance

  04-04-2016 18:29
  UK's Flood Re opens for business with A- financial rating
  Business Insurance
  Flood Re Ltd., the government-backed household insurance plan for homes in flood risk areas of the United Kingdom, was launched Monday and assigned an A- financial strength rating by Standard & Poor's Corp. Flood Re enables participating insurers to ...en meer »
  

• West Heslerton: an entire North Yorkshire village could be yours for £20m – video explainer

  04-04-2016 18:05
  
  West Heslerton, a North Yorkshire village, is up for sale for £20m. Potential buyers could get their hands on more than 2,000 acres of agricultural land, including,112 acres of woodland. The lot also includes 43 houses and cottages, a pub with a restaurant, a petrol station with a garage and a playing field and sports field with a pavilion and a 21-bedroom historic hallYours for £20m: the Yorkshire village where ‘time has stood still’ Continue reading...
  
  Read more

• Is the fear of a financial education widening the wealth gap in America?

  04-04-2016 16:53
  
  Survey finds older educators are more apprehensive about financial literacy while millennial teachers seem more ready to talk about money in the classroomAmericans are undereducated and uncomfortable about the dangers of managing their own finances, a new survey has found, even as inequality takes center stage in a presidential election and the stakes mount higher for young people.The alarmingly wide wealth gap in the United States has no simple fix, but knowing the difference between a stock an
  
  Read more

• Advertisement

• UK flood insurance scheme can cope without further industry cash - chairman

  04-04-2016 16:18
  
  LONDON (Reuters) - A British scheme launched on Monday to cut insurance costs for homes in flood-risk areas should be able to cope without calling on the insurance industry for more cash, Chairman Mark Hoban said.
  
  Read more

• Bank of England to leave Bank Rate at 0.5 pct until early 2017

  04-04-2016 16:12
  
  LONDON (Reuters) - The Bank of England will leave British interest rates at a record low until next year as stuttering global growth and inflation nowhere near target ties the central bank's hands, a Reuters poll found.
  
  Read more

• Virgin America bought by Alaska Airlines, triggering Branson windfall

  04-04-2016 13:37
  
  Seattle-based Alaska to pay $2.6bn for Virgin budget airline, which flies to 21 destinationsSir Richard Branson is expected to make almost £550m after Alaska Airlines agreed to pay $2.6bn (£1.8bn) for Virgin America, the US budget airline the British billionaire launched in 2007.Alaska Airlines said it agreed to pay $57 a share, or $2.6bn, in cash for Virgin America, which flies to 21 destinations within the US and Mexico. Including Virgin America’s debt and aircraft operating
  
  Read more

• Single parents increasingly struggling with debt, says charity

  04-04-2016 13:24
  
  StepChange says more than 60,000 single parents asked it for help last yearThe number of single parents approaching a leading debt charity for help has doubled over the past four years, making them the fastest growing group among its clients, figures reveal. StepChange debt charity said that although just one in 14 UK households is headed by single parents, they now represent almost 20% of its clients seeking help with debt. Continue reading...
  
  Read more

• Advertisement

• Airbus warns British employees on cost of Brexit

  04-04-2016 13:21
  
  LONDON (Reuters) - European planemaker Airbus Group said its future investment in Britain could depend on whether the country remains in the European Union, in a warning to its British employees ahead of a vote on June 23.
  
  Read more

• Britain could lose AAA rating if it leaves EU, S&P warns again - business live

  04-04-2016 13:18
  
  S&P could lower rating on BrexitEurozone unemployment and producer prices fallIMF denies it threatened to leave Greek bailout 12.09pm BSTHere’s the Greek payment schedule, courtesy of Bloomberg:#Greece's July #ECB payment looms over bailout negotiations https://t.co/g2fP7YWzS9 via @nchrysoloras pic.twitter.com/QgY0kmLmVo 11.50am BSTThe review of the Greek bailout programme is expected to be completed by the end of April or early May, according to a spokesman for the German finance mini
  
  Read more

• Steel crisis: Boris Johnson says EU rules stop government helping Port Talbot - Politics live

  04-04-2016 13:05
  
  Rolling coverage of all today’s political developments as they happen 12.05pm BSTI’m just back from a long Number 10 lobby briefing that was taken up almost entirely with questions about steel and about the Panama Papers tax leaks. (The only other topic that came up was the Archers’ domestic abuse storyline, but the prime minister’s spokeswoman did not know whether David Cameron is an Archers listener.)On steel, various meeting are taking place today and Cameron is meetin
  
  Read more

• CFO support for UK staying in EU on the up, Deloitte survey reveals - Financial Director

  04-04-2016 12:37
  Financial Director
  CFO support for UK staying in EU on the up, Deloitte survey reveals
  Financial Director
  CFO backing for the UK remaining a member of the European Union (EU) has risen, according to research from Big Four firm, Deloitte. It's latest CFO Survey for Q1 2016 of 120 FTSE 350 CFO's and other large private companies, found the business ...en meer »
  

• UK housebuilding growth slows to weakest rate in three years

  04-04-2016 12:27
  
  Construction firms say uncertain outlook ahead of EU referendum had curbed spending in the sectorHousebuilding in Britain slowed last month to the weakest pace for more than three years as construction firms said an uncertain outlook had curbed spending among clients.The slowdown in home construction overshadowed faster rises in commercial work and civil engineering activity and left overall growth in the building sector subdued, according to a survey. Continue reading...
  
  Read more

• Britain asks for leaked Panama Papers, says will act swiftly

  04-04-2016 12:08
  
  LONDON (Reuters) - The British government asked on Monday for a copy of leaked data on the clients of a Panama-based law firm so it can examine the information and act on any possible tax evasion.
  
  Read more

• Surreal estate – a Cornish bargain … if you've got tunnel vision

  04-04-2016 11:52
  
  Foundry House could be a hot property, but beware the secret in its front garden Continue reading...
  
  Read more

• British Cold War double agent Philby details life of betrayal in Stasi video

  04-04-2016 11:33
  
  LONDON (Reuters) - British double agent Kim Philby detailed his life of betrayal and the ease with which he was able to pass secrets to his Soviet controllers in newly-discovered video footage broadcast by the BBC on Monday.
  
  Read more

• Yours for £20m: the Yorkshire village where 'time has stood still'

  04-04-2016 11:21
  
  The whole of West Heslerton – with 2,000 acres of land, houses, a pub and a 21-bedroom historic hall – is up for saleFrom childhood, Eve Dawnay loved to build miniature models. So when her father bequeathed her a real-life village, it must have been a little girl’s dream come true.The 2,000-acre North Yorkshire village of West Heslerton has been owned by the Dawnay family for more than 150 years. From its pub, garage, playing fields and sports pavilion, to a 21-bedroom historic
  
  Read more

• UK financial services executives bullish on Lonond fintech leadership prospects - Finextra (press release)

  04-04-2016 11:01
  UK financial services executives bullish on Lonond fintech leadership prospects
  Finextra (press release)
  The vast majority (92%) of UK-based financial services leaders believe that the UK has the ability to become the worldwide leader in financial technology (FinTech), according to new research from leading recruitment specialist Robert Half Financial ...en meer »
  

• Struggling generation rent is being driven into debt

  04-04-2016 10:52
  
  Figures from charities reveal how people unable to get on the housing ladder are under pressure from overdrafts, loans and arrears in rentWith a soaring number of tenants falling into financial difficulties as they battle increasing rental costs, charities have identified a “worrying trend” of escalating debt for those who are frozen out of home ownership.Debt charity StepChange says the number of renters contacting it with difficulty paying off debt in the four years to 2015 more th
  
  Read more

• Natural gas operator’s attempt to withdraw from environmental offsets stalls

  04-04-2016 10:18
  
  Environment department says lack of ‘sufficient evidence’ from Inpex prevents it from deciding on requestAn attempt by the operators of a $34bn gas project to walk away from environmental commitments has stalled, as the federal government waits for it to provide “sufficient evidence” in support of the request.
  The company, Inpex, claimed the originally assessed environmental risks of its Ichthys project were “no longer relevant and extremely unlikely to be realised
  
  Read more

• British Steel name could return as part of Tata Scunthorpe deal

  04-04-2016 09:57
  
  Investment firm Greybull wants to revive the brand, which was formed in 1967, because of its simplicity and association with qualityThe British Steel name is set for a comeback even as the future of the UK’s biggest steel plant at Port Talbot hangs in the balance.Greybull Capital, an investment firm, is close to completing the purchase of Tata Steel’s long products steelworks in Scunthorpe, Lincolnshire. As part of the talks, disclosed in December, Greybull is seeking to buy the Brit
  
  Read more

• The secret life of a chugger: most of us are motivated by money, not charity | Anonymous

  04-04-2016 09:00
  
  Fundraising is no different from sales, and the financial rewards can be huge. No wonder there’s a tacit acceptance of bad practice if we sign up enough donorsI work for an organisation that specialises in running door-to-door fundraising campaigns on behalf of a number of major charities. My job is to sign up members of the public to a regular donation, less than the price of a cup of coffee each week, that could go towards finding a cure for cancer, stopping child abuse, or providing cle
  
  Read more

• Probi Announces Changed Dividend Policy Effective 2016 Financial Year - Yahoo Finance UK

  04-04-2016 08:51
  Probi Announces Changed Dividend Policy Effective 2016 Financial Year
  Yahoo Finance UK
  In conjunction with today's publication of the Probi (PROB.ST) annual report for 2015, a changed dividend policy was presented, which has been decided by the company's Board of Directors. The Board of Directors of Probi AB (publ) has reviewed and ...en meer »
  

• Late payment dispute is ruining my health and crucifying cash flow

  04-04-2016 08:48
  
  What happens to a small business owner when a big client refuses to pay their bills? Here, one describes the anxiety it’s causing during her pregnancyI’m the owner of a small digital marketing agency that has been trading for almost two years. My business ran into extreme difficulties earlier this year because of a problem with our biggest client, a large fashion brand that represented approximately one-fifth of our annual income.The difficulties took us by surprise. We had been work
  
  Read more

• There are so many opportunities for women in tech - so why aren't there more of us?

  04-04-2016 08:18
  
  I’ve managed to carve a second career, work from home and still be a mum to my two teenage boys. But a lack of role models is holding women back in tech
  At my local tech group, where you can usually count the women on one hand, the men are envious. There are tons of meetup groups and free courses for women, but as one guy said to me recently. “Where’s the meetup group for the ‘shy bearded men who code’?”He has a point. As a woman starting a career in tech, I&r
  
  Read more

• £10 John Lewis refund has become matter of principle

  04-04-2016 08:00
  
  I was promised the money under its ‘never knowingly undersold’ pledge, but it never arrivedI wonder if you could help me with what has become a matter of principle. After many emails and phone calls, a simple promise seems to be beyond John Lewis, and I wonder how many other people have experienced similar.In October last year I bought a watch online using John Lewis vouchers. I then discovered it was £10 cheaper in a rival high street store. I passed on all the details to John
  
  Read more

• Flood Re scheme brings affordable insurance to homes in high-risk areas

  04-04-2016 07:00
  
  New scheme expected to make insurance cover more affordable for owners of 350,000 UK homes at high risk of floodingA controversial new scheme designed to let home insurers offer affordable cover to the 350,000 UK homes at high risk of flooding is to be launched. Flood Re, which claims to be a world first, received the final go ahead from financial regulators last week, and on Monday will start accepting the first premiums and offering cover to householders.Continue reading...
  
  Read more

• Adani's Carmichael mine approval labelled 'economic stupidity'

  04-04-2016 04:54
  
  Demonstrators outside Queensland’s Parliament House chant ‘reef not coal’ after Adani clears regulatory hurdleThe Queensland government’s approval of leases for Adani’s Carmichael mine, Australia’s largest proposed coal project, was “economic stupidity and environmental insanity”, a protest rally heard on Monday.The Queensland Greens Senate candidate and former Australian Democrats leader Andrew Bartlett told the demonstration outside Queensland&rs
  
  Read more

• Gold Miners' Financial Health: Is There Something Wrong? - Yahoo Finance UK

  04-04-2016 03:28
  Yahoo Finance UK
  Gold Miners' Financial Health: Is There Something Wrong?
  Yahoo Finance UK
  Barrick Gold's (ABX) high debt has been a major concern for investors. It had set an ambitious target to reduce its debt by $3 billion in 2015 and completed it through non-core asset sales worth $3.1 billion. After this reduction, Barrick had net debt ...en meer »
  

• Working past retirement age: for Generation X, putting the feet up seems a distant dream | Greg Jericho

  04-04-2016 03:07
  
  Latest statistics on retirement projections show that Generation X will work longer than any generation before it There’s always a moment when you know you have reached a certain age: it may be the fact that your kids are now in a school year that you can remember with alarming clarity; it may be that when you fill in an online survey you find yourself ticking the age bracket box that no longer starts with a three.
  For me, it was realising that the latest series of the ABS’s retireme
  
  Read more

• UK firms putting plans on hold ahead of EU vote - survey

  04-04-2016 02:51
  
  LONDON (Reuters) - Big British firms are delaying deals and hiring decisions ahead of a referendum on the country's European Union membership, a survey showed on Monday, adding to signs that uncertainty around the vote is weighing on the economy.
  
  Read more

• Workplace wellness: how offices could be the healthiest place for you

  04-04-2016 02:44
  
  Australian businesses sign up to building certification that focuses on the air, light and comfort of workplacesAlready buzzing with energy as he is, the real estate wellness pioneer Paul Scialla takes it to another level when discussing how to lure office workers to the water cooler.“If people see water, they drink water,” he says.Continue reading...
  
  Read more

• UK government will offer financial aid to save steelworks - Irish Times

  04-04-2016 02:03
  Irish Times
  UK government will offer financial aid to save steelworks
  Irish Times
  The British government is ready to step in with state financial support to save the Port Talbot steelworks, UK business secretary Sajid Javid has said. Mr Javid signalled that ministers were working on plans to reduce energy costs and take on some of ...
  Reviewing shutdown of UK plants on priority, says Tata SteelFinancial Expressalle 692 nieuwsartikelen »
  

• Thanks a bunch, Crusader: Getting results after online flower delivery mix-up

  04-04-2016 01:26 via feedproxy.google.com
  
  Thanks a bunch, Crusader. That is what Margaret Earles told us when we set right a mix-up over a bouquet she had ordered online to cheer up her sister Beryl who was ill.
  
  Read more

• Unions meet to discuss growing crisis of steel industry

  04-04-2016 01:01
  
  Leaders from various steelwork unions are to gather in London to discuss plans and press government for helpUnion leaders will meet to discuss the crisis gripping the steel industry as efforts continue to save thousands of jobs.Shop stewards from steelworks across the country will hold emergency talks in London on Monday and will continue pressing the government for help. Continue reading...
  
  Read more

• UK finance chiefs delay hiring and investment as Brexit tops risk list

  04-04-2016 01:01
  
  Survey of CFOs shows 75% support staying in EU but many are postponing key financial decisions as jitters spread through British economySupport for staying in the EU has risen among the finance bosses of big British firms, but they are also increasingly jittery as June’s referendum approaches.With opinion polls tight, a survey of chief financial officers (CFOs) indicates they are holding off hiring new staff and reluctant to spend on new equipment before the public vote. Risk appetite has
  
  Read more

• The Crusader: Box clever if buying online

  04-04-2016 01:01 via feedproxy.google.com
  
  FROM pop-up adverts to losses totalling hundreds of pounds, the customers of a skincare products company have slammed its sales techniques and the way it took their money.
  
  Read more

• City News: Savings allowance, Lloyds, Moss Bros and Sunday papers

  04-04-2016 01:01 via feedproxy.google.com
  
  Many savers will no longer have to pay tax on the interest they earn when a shake-up comes into force this week.
  
  Read more

• Britain says government contracts must consider local steel firms

  04-04-2016 00:32
  
  LONDON (Reuters) - Britain said on Sunday that UK steel producers must be considered for infrastructure and other government contracts involving steel supplies, as part of plans to find a long-term solution to a crisis in the industry.
  
  Read more

Follow @financialnwsUK on Twitter!