Financial news

• It was once Britain’s motor city. Now Coventry’s wheels are turning again

  23-04-2016 17:00
  
  Millions in investment – and the promise of a new car plant – has transformed an industry and could reinvigorate a regionThe first ever British car was built in Coventry nearly 120 years ago. Now there are ambitious plans to re-establish the city as the heart of the country’s recovering automotive industry. Carmakers, suppliers, universities, the local authority and the government have united in an attempt to turn Coventry into Britain’s “motor city” agai
  
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• Why New Yorkers are queuing up … for Pret a Manger

  23-04-2016 16:59
  
  While other high-street outlets struggle, the ubiquitous British chain is doing so well that business is booming even in the spiritual home of the deliJust after 8am, in the bowels of Manhattan’s concrete rabbit warren Penn Station, there are a lot of queues. Long lines of travellers wait for the Long Island Rail Road and Amtrak trains; for the bathrooms where dozens of homeless people spend the night; and for food and drinks outside Dunkin’ Donuts, Starbucks and Pret a Manger.The li
  
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• Where have all Britain’s shoppers gone?

  23-04-2016 16:59
  
  Incomes may have risen, but we’re not splashing cash on the high street – and it’s not just because of BrexitShopping is the national pastime. High streets, malls and retail parks have long been places people went for a day out, rather than on a mission to buy a particular item, and their spending helped lift the country out of recession. But a big drop in footfall – the number of people visiting high street and retail centres – over the past year has exposed fresh
  
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• Cooling luxury property market may get icier thanks to 'dirty money' crackdown

  23-04-2016 16:00
  
  There are warning signs that the luxury property market is coming down from a high, and calls for greater transparency of ownership could topple it furtherFrom New York to London, the air seems to be getting a little thinner at the dizzy heights of the property market.
  The collapse of a 78-story “shadow-maker” condo development in an exclusive enclave of the Upper East Side of Manhattan is sending shockwaves through the city’s real estate market. And in London the decision to h
  
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• UK: Financial Conduct Authority Paper Regarding High-Frequency Traders - The National Law Review

  23-04-2016 12:24
  
  UK: Financial Conduct Authority Paper Regarding High-Frequency Traders
  The National Law Review
  On April 15, the UK Financial Conduct Authority (FCA) published an occasional paper (Paper) in relation to high-frequency traders (HFT). The Paper reports on a study that was conducted by the FCA to test whether or not HFTs were anticipating order flow ...en meer »
  
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• How much do you know about the online lives of kids? – quiz

  23-04-2016 09:00
  
  The knowledge gap between adults and digital natives can sometimes feel huge. How much do you know about their online lives?Continue reading...
  
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• When is a D&G insurance policy not an insurance policy? When it’s a service plan

  23-04-2016 08:00
  
  Domestic & General insists it’s offering a service agreement and therefore doesn’t come under the ombudsman service for complaintsI have a longstanding agreement with Domestic & General to cover a number of items in my home including the washer-dryer, which has previously been replaced under the same agreement. All the policy documents describe my “insurance policy and insurance schedule”, and I have had no correspondence or conversations which would alert me to a
  
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• Revealed: nearly all new diesel cars exceed official pollution limits

  23-04-2016 08:00
  
  Health experts lambast ‘deceitful’ carmakers as data suggests 97% of vehicles fail to meet NOx emissions standards in real-world conditionsNinety-seven percent of all modern diesel cars emit more toxic nitrogen oxide (NOx) pollution on the road than the official limit, according to the most comprehensive set of data yet published, with a quarter producing at least six times more than the limit. Related: Diesel cars' emissions far higher on road than in lab, tests showContinue reading
  
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• Harlequins joins ‘mini-bond’ scrum in bid to raise £15m

  23-04-2016 08:00
  
  The rugby club is offering a 5.5% return if you invest in its future … but be warned, there are risksA new investment launched this week is offering rugby fans and others looking for a decent return the chance to earn 5.5% interest a year. Premiership rugby club Harlequins has unveiled “mini-bonds” scheme ahead of its 150th anniversary celebrations this summer.It is looking to raise £7.5m – and possibly as much as £15m – via the bonds, which are basical
  
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• Gas goes green as suppliers opt for carbon neutral sources

  23-04-2016 08:00
  
  Electricity has long led the green energy market, but now both utilities are coming under the eco umbrellaMany of us have signed up with energy companies that offer 100% renewable electricity, so why not switch to a gas tariff that also promises to be carbon neutral? Energy firm Good Energy is hoping to tempt green households to do exactly that. This week the Chippenham-based firm started offering a domestic gas tariff that will allow customers to claim their gas usage produces no overall net ca
  
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• Are overseas charity challenges just a jolly for all concerned?

  23-04-2016 08:00
  
  A friend is heading to China to do a sponsored ride, but I’m unsure how much money actually goes to good causesEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question:Continue reading...
  
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• Apple scammers have their heads in the iCloud

  23-04-2016 08:00
  
  iPad and iPhone users warned not to fall for fake emails and texts aimed at tricking them into handing over their login detailsApple iPhone and iPad users have been warned not to fall for fake emails and texts that aim to trick them into handing over their iCloud login so scammers can access all their personal information stored in the cloud.The messages claim to be from Apple and typically warn the user that their account has been “restricted in order to safeguard your information”
  
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• Shopping for plants and seeds? Get the best deals without forking out too much

  23-04-2016 07:59
  
  As the warmer weather turns our thoughts toward horticultural matters, the Guardian’s gardening editor looks at the best ways to shop aroundWhether it’s an impulse-bought tray of pansies at the supermarket or a carefully chosen collection of shrubs ordered from a specialist nursery, buying plants for the garden can be hit and miss. The average British household spends £47 a year on garden plants, according to research from the Horticultural Trades Association, so even if you&rs
  
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• Scott Morrison tells Australian Christian Lobby budget will focus on tax and jobs

  23-04-2016 04:50
  
  Treasurer says getting more young people into work will be a priority in the budget, along with economic growth and changes to the tax systemJobs, economic growth and tax reform will be priorities in thecoming federal budget, the treasurer, Scott Morrison, has told a conference of the Australian Christian Lobby. Related: This is how marriage equality debate could look if vilification laws lifted for Christian lobbyContinue reading...
  
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• Pensioners warned of charges for selling annuities for cash

  23-04-2016 01:01 via feedproxy.google.com
  
  PENSIONERS wanting to sell-on poor value annuities under new rules coming in next year face fees and charges which could skim thousands of pounds off their nest eggs.
  
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• Homes that have appeared on screen - in pictures

  23-04-2016 01:01
  
  Choose from the London pad where Jamie Oliver filmed his first Naked Chef series or a North Yorks manor that featured in All Creatures Great and Small Continue reading...
  
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• EDF delays Hinkley Point C nuclear power plant

  23-04-2016 00:04
  
  Greenpeace brands project an ‘utter mess’ after French company admits it won’t make investment decision before summer
  The Hinkley Point C nuclear plant, at the heart of government energy plans, has been hit by fresh delays in another blow to confidence surrounding an already troubled project.EDF, the French energy company promoting the £18bn reactor scheme, admitted there would be no final investment decision at least till the summer, leading the environmental group Green
  
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