Financial news

• Blairs add Manchester flats to property empire before stamp duty deadline

  12-04-2016 20:41
  
  Records show Cherie Blair and son Euan added homes in Whalley Range to their burgeoning residential portfolio before 1 April landlord tax kicked inCherie Blair and her eldest son, Euan, appear to have added recently to the family’s property empire, with files for their company showing they took out a mortgage on four flats in the north-west shortly before a new tax for landlords and second homebuyers came into force.
  Records for Oldbury Residential show that it registered a charge with Com
  
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• 'Very real' Brexit risk could deal blow to world economy

  12-04-2016 20:13
  
  LONDON (Reuters) - Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union, the International Monetary Fund said in the sharpest warning yet from a global body about the risks associated with Brexit.
  
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• UK Financial Regulatory Developments - April 2016 #8 - JD Supra (press release)

  12-04-2016 19:30
  
  UK Financial Regulatory Developments - April 2016 #8
  JD Supra (press release)
  OFSI has published an updated version of Treasury's Financial Sanctions Guidance. It provides a guide to the approach OFSI will take when issuing licences and considering compliance, taking into account case law and EU guidance as at 5 April. Part A of ...
  
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• UK govt prevented immediate closure of Tata Steel's Wales unit - Financial Express

  12-04-2016 17:37
  
  Financial Express
  UK govt prevented immediate closure of Tata Steel's Wales unit
  Financial Express
  The UK government has secured a "reprieve" from Tata Steel to save thousands of jobs at its loss-making Port Talbot steelworks in Wales, UK business secretary Sajid Javid told the Parliament today. By: PTI | London | April 12, 2016 9:07 PM. Tata steel ...en meer »
  
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• London property values plummet after ONS revises figures

  12-04-2016 16:15
  
  House price index ‘update’ blamed for revised data, which suggests average price in February was £27,000 lower than figure declared in JanuaryLondon homeowners are likely to be surprised to discover that their property has typically plummeted in value by £27,000 in a month - partly, it seems, because government statisticians overstated the strength of the housing market in January.The Office for National Statistics has wiped thousands of pounds off the value of UK homes a
  
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• CA Technologies Helps Leading UK Financial Institution Secure Online ... - Business Wire (press release)

  12-04-2016 15:00
  CA Technologies Helps Leading UK Financial Institution Secure Online ...
  Business Wire (press release)
  NEW YORK--(BUSINESS WIRE)--CA Technologies (NASDAQ:CA) today announced that Nationwide, a member-owned UK financial institution, has implemented its payment security suite to strike the right balance between eCommerce security and ...en meer »
  
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• Why younger people can’t buy a house: money became too cheap | Dominic Frisby

  12-04-2016 12:29
  
  Onerous planning regulations and cheap debt pushed house prices into the stratosphere – and it’s in the interests of the political elite to keep them thereHouse prices have risen by 10% in the last year, the Halifax announced last week. Whoopeedoo. What that means is that the intergenerational wealth divide just rose by another 10% – and anyone born after 1985 is going to find it 10% harder to ever buy a home.There is perhaps no greater manifestation of the wealth gap in this c
  
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• Brexit could boost UK financial technology firms – but only in short-term - EurActiv

  12-04-2016 12:04
  
  EurActiv
  Brexit could boost UK financial technology firms – but only in short-term
  EurActiv
  Britain leaving the European Union could give fledgling financial technology companies an immediate shot in the arm but deprive them of expansion later on, industry officials said on Monday (11 April). The idea is that Brexit, as a vote to leave is ...
  
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• Hobbycraft

  12-04-2016 11:57 via telegraph.feedsportal.com
  
  Over the past five years, Hobbycraft has gone from family-owned business to the UK's only multi-channel retailer of arts and crafts
  
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• Financial Conduct Authority Prospectus Rules Updated - Mondaq News Alerts (registration)

  12-04-2016 11:53
  Financial Conduct Authority Prospectus Rules Updated
  Mondaq News Alerts (registration)
  In November 2015, the European Commission adopted a legislative proposal for a new Prospectus Regulation which will, in due course, repeal and replace the current Prospectus Directive and related implementing measures. Although the precise timeline ...
  
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• UK's Financial Conduct Authority Bans Former RBS LIBOR Submitter, Paul White - Exchange News Direct

  12-04-2016 11:36
  UK's Financial Conduct Authority Bans Former RBS LIBOR Submitter, Paul White
  Exchange News Direct
  The Financial Conduct Authority (FCA) has banned Paul White from performing any function in relation to any regulated financial activity and publicly censured him. Were it not for Mr White's serious financial hardship, the FCA would have fined him £250 ...en meer »
  
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• UK inflation rises to 0.5% on early Easter travel costs

  12-04-2016 11:28
  
  Air travel, hotels and restaurants pushed up cost of living up in MarchInflation jumped to 0.5% in the year to March after a rise in the cost of air fares over Easter and more expensive spring and summer clothing ranges hitting stores.The higher cost of booking a hotel and restaurant table also pushed inflation beyond the 0.3% seen in February, according to official figures.Continue reading...
  
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• Tata Steel UK deal at one pound, what brokerages advice - Financial Express

  12-04-2016 08:11
  
  Financial Express
  Tata Steel UK deal at one pound, what brokerages advice
  Financial Express
  Tata Steel has signed an agreement to sell the loss-making Scunthorpe steel plant to UK-based investment firm Greybull Capital for a nominal consideration of one pound with the latter taking assets and relevant liabilities. By: FE Online | April 12 ...en meer »
  
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• Picking up charges are a sticking point at Stansted

  12-04-2016 08:00
  
  There was no notice of a £50 charge at the Express setdown areaOn 1 April I went to Stansted airport to pick up my fiance’s family – one of them elderly, the other a toddler – who had just flown in. The night before I looked up the “Express setdown” charges on the web and was told it was £2.50 for 10 minutes, then £2.50 for each extra minute. I was happy to pay this. With the extra time of sorting out the child seat I left after 13 minutes –
  
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• Be a bit creative and London has plenty to offer without spending

  12-04-2016 08:00
  
  I’ve worn a brain monitor to see a play and done bar work for beer, but I worry about the toll on my friendshipsA trip to the theatre didn’t use to involve wearing a brain monitor, but when you are spending a year without spending money it’s the kind of thing you find yourself doing.
  When I gave up spending my biggest worry was that I would be stuck indoors, unable to see my friends or enjoy much in the way of entertainment. Four months in, however and I’ve managed to fin
  
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• Caring for home and family is real work – and it deserves proper recognition | Judith Flanders

  12-04-2016 07:00
  
  Officials are right to put a value on domestic labour, but other ways we care for loved ones matter tooJust because you don’t work in an office or a factory doesn’t automatically mean you don’t work. Says who? Says the Office for National Statistics. For the first time the ONS has officially quantified the home production economy. It’s worth a mere £1 trillion, since you ask. Hallelujah and about time, mumble millions of homeworkers, carers and floor-
  
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• Brexit could boost UK financial technology firms - Eyewitness News

  12-04-2016 06:08
  
  Eyewitness News
  Brexit could boost UK financial technology firms
  Eyewitness News
  The idea is that Brexit could be a problem for traditional banking, providing some opportunity for new firms. The British union flag flies at half-mast above Portcullis House beside the landmark Elizabeth. FILE. Britain leaving the European Union could ...en meer »
  
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• Three's takeover of 02 could be blocked

  12-04-2016 01:01 via feedproxy.google.com
  
  BRITAIN’S competition watchdog has urged the European Commission to block or impose severe restrictions on Three’s £10.3billion takeover of O2 to prevent “long-term damage” to the UK mobile telecoms market.
  
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• City news: BP, Cranswick, Tesco

  12-04-2016 01:01 via feedproxy.google.com
  
  A STORM of protest is brewing over the near- $20million pay package for BP boss Bob Dudley after shareholder advisory group ShareSoc urged members to vote against the oil giant’s pay report at Thursday’s AGM.
  
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• UK's Cameron defends financial affairs - Yahoo7 News

  12-04-2016 00:38
  
  Yahoo7 News
  UK's Cameron defends financial affairs
  Yahoo7 News
  British Prime Minister David Cameron has fought back after days of criticism over his finances, lashing out at what he called hurtful and untrue claims about his late father's investments sparked by leaked details about the offshore accounts of the ...
  UK's Cameron in hot water over his financial affairsTimes Colonistalle 2.172 nieuwsartikelen »
  
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