Financial news

• Share Hunter: Progress as Tesco stocking up on positivity

  17-04-2016 19:02 via feedproxy.google.com
  
  TESCO is the UK’s biggest supermarket, accounting for more than £1 out of every £4 spent on groceries across the country.
  
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• Storms leave golfers feeling below par

  17-04-2016 18:49 via feedproxy.google.com
  
  Rebellion is stirring within the ranks of a golf club badly hit by flooding where members reckon that the reduced playing conditions should earn them a subscriptions rate cut.
  
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• City News: Welsh economy, high street spending, WWP and Sunday Papers

  17-04-2016 18:29 via feedproxy.google.com
  
  WALES has dominated growth in disposable income compared with England over the past five years amid a recovery in manufacturing, according to a new report.
  
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• Yours, a stressed pharmacist: Boots article prompts flood of letters

  17-04-2016 18:27
  
  Pharmacists write in response to a Guardian report about how the chain allegedly compels staff to compromise ethics for targetsLast week, the Guardian published a long read about the pharmacy chain Boots, detailing allegations from staff of how the business pressures its chemists to milk the NHS for cash, compels them to sacrifice professional ethics for demanding business targets and to work in conditions that they believe pose a threat to patients. The sharpest change, in the eyes of Boots&rsq
  
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• Boots could face regulator's investigation after Guardian report

  17-04-2016 18:26
  
  General Pharmaceutical Council calls in evidence on allegations that staff are under pressure to milk NHS schemes to increase profitsBoots faces the prospect of an investigation by the pharmacy watchdog, following a Guardian investigation into the multibillion pound chain.The General Pharmaceutical Council (GPhC) is calling in evidence on the allegations made in the report, which revealed that managers at Britain’s biggest chain of chemists have been forcing staff to milk NHS schemes, in o
  
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• Boom in UK spending to drive growth

  17-04-2016 17:48 via feedproxy.google.com
  
  CONSUMERS will be the main drivers of UK economic growth this year, but businesses will take up the reins next year with investment levels set to soar, according to a report.
  
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• Savers left baffled by interest allowance

  17-04-2016 15:16 via feedproxy.google.com
  
  SAVERS have good reason to celebrate the new personal savings allowance as it means they may never pay tax on their nest egg again, but huge numbers are baffled by how it actually works.
  
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• Regulators gear up for water industry shakeup

  17-04-2016 15:10
  
  Around 1.2m businesses in England will be able to switch supplier from next April in biggest revamp since privatisation in 1989Regulators are gearing up for the biggest shakeup of the water market in almost 30 years, with more than 1m businesses free to shop around for the best deals from next April.The water regulator Ofwat said 1.2m businesses in England stand to benefit from the changes, which will allow them to switch water supplier. Continue reading...
  
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• RBS pulls back fossil fuel investments as green deals grow

  17-04-2016 14:44
  
  Figures show bank cut investments by 70% in oil and gas firms in 2015 and doubled UK green energy loans to £1bn a yearRoyal Bank of Scotland has reduced its global lending to oil and gas companies and doubled its green energy loans in the UK to £1bn a year, according to new figures released to the Guardian.The move may indicate a change of direction for the bailed-out bank, which was until recently one of the world’s biggest financiers of fossil fuels and has been repeatedly ta
  
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• The innovators: fruitful idea turns waste food into a tasty snack

  17-04-2016 14:34
  
  Two friends created their Snact product to try to provide a solution to the millions of tonnes of fruit and veg discarded each year With forklift trucks carrying pallets of fruit and vegetables between sellers, and voices from all corners of the world shouting at each other, New Covent Garden market can be an intimidating place in the early hours of the morning. But this is where environmental enthusiasts Ilana Taub and Michael Minch-Dixon found inspiration for an idea to use goods that would ot
  
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• Business news: Amazon Prime, ArchOver and the private jet market

  17-04-2016 13:30 via feedproxy.google.com
  
  INTERNET shopping giant Amazon is expected to announce bumper profits and sales thanks to its Prime subscription and cloud computing business, when it unveils its first-quarter results on Thursday.
  
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• The bad smell hovering over the global economy

  17-04-2016 13:00
  
  Attempts at economic stimulus have left a bad smell. Central banks are starting to think the unthinkable – helicopter moneyAll is calm. All is still. Share prices are going up. Oil prices are rising. China has stabilised. The eurozone is over the worst. After a panicky start to 2016, investors have decided that things aren’t so bad after all.Put your ear to the ground though, and it is possible to hear the blades whirring. Far away, preparations are being made for helicopter drops of
  
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• UK's Financial Conduct Authority: Latest Consumers Firms Warnings Occasional ... - Exchange News Direct

  17-04-2016 11:40
  UK's Financial Conduct Authority: Latest Consumers Firms Warnings Occasional ...
  Exchange News Direct
  UK's Financial Conduct Authority: Latest Consumers Firms Warnings Occasional Paper No. 16: Are High-Frequency Traders Anticipating The Order Flow? Cross-Venue Evidence From The UK Market. Date 17/04/2016. High-frequency traders (HFTs) have ...
  
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• (Panama) hats off to revolting shareholders

  17-04-2016 10:00
  
  BP shareholders gave bosses a drubbing last week, and now HSBC and Anglo American could face more of the sameWhen Tom Hiddleston’s character, Jonathan Pine, sauntered through some Arab spring uprising at the beginning of the BBC’s The Night Manager, it was tempting to view the scene as a lampooning of the 2012 “shareholder spring”.That was the series of equally courageous revolutions against, er, executive pay, bringing us once again the implausible alignment of rebellion
  
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• Ed Miliband: Panama Papers show that wealth doesn’t trickle down. It gets stashed

  17-04-2016 09:00
  
  As former Labour leader Ed Miliband offers his support to a new documentary, The Divide, he is as committed as ever to campaigning on inequalityGoogle “Ed Miliband” and the fourth suggestion offered by the search engine – behind “Ed Miliband brother”, “Ed Miliband beard” and “Ed Miliband bacon sandwich” – is: “What is Ed Miliband doing now?” It’s a good question, though it feels a bit cruel to mention it, as if he&rsqu
  
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• I can’t figure out how our British Gas meter clocked up a £1,600 bill

  17-04-2016 07:59
  
  We were horrified when the bill landed at Christmas, after G4S had taken a readingI recently received a gas bill from British Gas of more than £1,600 after a meter reading (by G4S) at the end of 2015. You can imagine my horror at receiving such a bill shortly after Christmas, which was a huge increase from the past five years. I have been with British Gas since I moved into my house in 2009. After renovations a new meter was fitted and has been used ever since. After hours on the phone wit
  
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• Five-minute guide to... The impact of rising oil costs

  17-04-2016 01:01 via feedproxy.google.com
  
  THE oil price is rising once again and motorists are immediately feeling the pinch at the pumps.
  
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• Clock ticks for Tata steel as bidders given until the end of the month

  17-04-2016 01:01 via feedproxy.google.com
  
  WHITE knights looking to rescue Tata Steel UK have been given until the end of this month to submit their bids to the firm’s Indian owner.
  
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• Chancellor’s £4bn deficit target blow: Figures set to prove ‘heroic assumptions’ wrong

  17-04-2016 01:01 via feedproxy.google.com
  
  CHANCELLOR George Osborne missed his deficit reduction target for the last financial year by more than £4billion, new data out this week is expected to show.
  
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• Brands jump on Rolling bandwagon

  17-04-2016 01:01 via feedproxy.google.com
  
  THE Rolling Stones are not the only ones cashing in on their Exhibitionism show at London’s Saatchi Gallery, as British brands are rocking its gift shop as well.
  
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