Financial news

• Pensions Regulator says it learned about BHS sale in the papers

  09-05-2016 21:03
  
  Watchdog says it would have got provisions for pension scheme if it had known about sale to Dominic Chappell The Pensions Regulator has admitted that it only found about the controversial sale of BHS by Sir Philip Green after reading about it in the newspapers.The revelation raises further questions about the nature of the sale to Dominic Chappell, who has been bankrupt three times, and the powers of the regulator. Continue reading...
  
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• Tesco to sell British favourites in Spain via El Corte Ingles

  09-05-2016 20:56
  
  Supermarket to wholesale tea and biscuits in deal with department store whose trial with Tesco in UK is expandingTesco is moving in to Spain via a wholesale deal with local department store El Corte Ingles.The supermarket, which already wholesales its products in more than 20 overseas markets including India, will sell British favourites including teas, biscuits and cereals including granola. Continue reading...
  
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• Graduate jobs must move with the times | Letters

  09-05-2016 20:52
  
  It is disappointing to see your editorial (The university industry churns out degrees, but not destinations, 4 May) recycling tired notions of “graduate jobs” with the examples of nurses and police officers. In modern healthcare and law enforcement, both occupations require highly sophisticated skills based on advanced levels of education.There is more to contemporary nursing than wiping bottoms with a smile, and to policing than cracking miners’ skulls. Today’s nurses ne
  
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• UK Financial Conduct Authority is Accepting Applications for Fintech Regulatory ... - Crowdfund Insider

  09-05-2016 19:53
  
  Crowdfund Insider
  UK Financial Conduct Authority is Accepting Applications for Fintech Regulatory ...
  Crowdfund Insider
  FCA Regulatory Sandbox The Financial Conduct Authority (FCA) is accepting applications now for its newly minted regulatory Sandbox. Applicants have until July 8th to sign up for a chance to be part of a regulatory “safe space” to experiment and ...
  Financial Conduct Authority launches 'world first' fintech acceleratorStartups.co.uk
  UK's Financial Conduct Authority'
  
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• UK's Financial Conduct Authority: Two Convicted Of Insider Dealing In Operation ... - Exchange News Direct

  09-05-2016 19:48
  UK's Financial Conduct Authority: Two Convicted Of Insider Dealing In Operation ...
  Exchange News Direct
  In a case brought by the Financial Conduct Authority (FCA) and following a three-month trial at Southwark Crown Court, two defendants – a senior investment banker and a Chartered Accountant – have been convicted of conspiring to insider deal between ...en meer »
  
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• Former garage in south-west London fetches £466,000 at auction

  09-05-2016 19:42
  
  18ft x 35ft property in Hammersmith and Fulham snapped up for nearly double guide price after furious biddingThe London property market may have come off the boil but the sale of a former garage for £466,000 – £182,000 more than the average UK house price – suggests it is still simmering in some parts of the capital.Up for auction at a guide price of £250,000, the 18ft x 35ft site, described by Savills in the catalogue as a vacant freehold garage, was sold for nearl
  
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• Cancer's huge costs could force vulnerable families to sell their home, warns charity

  09-05-2016 18:36 via feedproxy.google.com
  
  MILLIONS of families are at risk of financial devastation from cancer, adding to the emotional trauma the disease inflicts, a leading charity has warned.
  
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• Boots to profit from services you SHOULD get for FREE at your GP

  09-05-2016 18:19 via feedproxy.google.com
  
  MORE people could be pushed into paying for vital health services as high street pharmacies look to profit from over-stretched GPs.
  
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• Waiters, what do you really think about tipping?

  09-05-2016 15:18
  
  There’s been plenty of stories of restaurants skimming tips from staff for admin fees. What happens where you work?
  The government launched a review last year into tipping, looking at 150,000 businesses – from hospitality to leisure services. It followed news that dozens of restaurants were exposed for skimming tips from staff for administration fees.So what did it find? The results came out at the beginning of May and three main changes were suggested. Firstly, the report said that
  
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• Post Offices closed amid major technical glitch

  09-05-2016 15:12 via feedproxy.google.com
  
  EVERY Post Office branch in Britain was put of action today as a technical glitch brought the network to its knees.
  
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• Inflation rate three times higher for millennials than for pensioners

  09-05-2016 13:46
  
  Rate was 0.9% for under-30s in March but was just 0.3% for over-65s, says a report into financial pressures on young adultsYoung adults in the UK are facing inflation rates three times higher than those for pensioners, according to a new analysis that highlights the pressures of the cost of living on millennials.The widening generational inflation gap is being driven by under-30s spending proportionally more on things that are getting more expensive, such as education, dining out, rent and house
  
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• House prices fall as stamp duty changes cool buy-to-let market

  09-05-2016 13:10
  
  Halifax says April saw prices drop by 0.8% after highly volatile pricing and a big rise in transaction numbers in February and MarchHouse prices fell in April as buy-to-let purchasers disappeared amid rises in stamp duty on second homes, according to figures from the UK’s largest lender. Halifax said house prices dropped by 0.8% during the month, a sharp reverse on the 2.2% gain seen in March, taking the average house price to £212,321, down £1,624 on the month. The annual pace
  
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• UK bank culture a top priority for new financial watchdog boss - Daily Mail

  09-05-2016 12:10
  
  Crowdfund Insider
  UK bank culture a top priority for new financial watchdog boss
  Daily Mail
  LONDON, May 9 (Reuters) - Improving the behaviour of banks is a top priority for Britain's financial market watchdog its incoming head said on Monday, despite a decision to ditch a review into their culture. The Financial Conduct Authority shelved a ...
  UK Financial Conduct Authority is Accepting Applications for Fintech Regulatory ...Crowdfund Insider
  Financial Conduct Authority launches 'world first' f
  
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• House prices in shock FALL: But where are they falling fastest? Map of biggest drops in UK

  09-05-2016 11:41 via feedproxy.google.com
  
  HOUSE prices across Britain dropped last month in another sign the market could be heading towards a crash.
  
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• Net gains: why Wimbledon debentures could be worth their £31,000 price tag

  09-05-2016 11:32
  
  The All England Club’s debentures offer prime seats at the tournament for five years, and can help pay for themselves if sold on. We look at the pros and consFor two weeks every year it is the hottest show in town, offering high drama in a unique setting. But for many people attending the Wimbledon tennis tournament requires either luck in a long-odds ticket ballot or queuing for hours – if not days.Not for Bob Germon and his wife Sue, though, who first bought Wimbledon five-year deb
  
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• Big bucks: high denomination banknotes - in pictures

  09-05-2016 11:31
  
  From the 1,000 Swiss franc note to the $10,000 Singapore dollar note, here are some of the world’s highest-value notes€500 ‘Bin Laden’ banknotes to be axedContinue reading...
  
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• The trials of a 2016 job: why so many of us are unhappy at work | Peter Fleming

  09-05-2016 11:17
  
  Job satisfaction is suffering, and company short-termism is at the root of it. How can that be turned around?Are you satisfied with your job? If you are anything like those recently surveyed by the Chartered Institute of Personnel and Development (CIPD), then the answer is probably no.The figures tell us that the big squeeze on UK workers following the 2008 crash continues unabated and might even be getting worse. Job satisfaction has reached a two-year low, according to the survey. Continue rea
  
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• City news: Pizza Hut, GS4, Greggs, Imagination Technologies

  09-05-2016 08:53 via feedproxy.google.com
  
  THE delivery arm of Pizza Hut is serving up expansion plans with a £40million investment in the UK and Ireland.
  
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• How to handle everyday sexism without HR or a boss to back you up

  09-05-2016 08:18
  
  I’m freelance and Isabel Hardman’s totty furore got me thinking – where do I go when I come up against sexist comments from clients and associates?The recent Isabel Hardman totty debate completely tore the plaster off the issue of sexism in the workplace.
  Everyone from EverydaySexism’s Laura Bateman through to Edwina Currie joined in, dissecting whether Isabel’s decision to report the Tory MP was appropriate or whether she should have just accepted it as a complimen
  
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• My job is great – except for one board member

  09-05-2016 08:00
  
  Every meeting I’ve scheduled with this person has been cancelled, and the only contact is via terse email or critical comments fed back via my line managerTwice a week we publish problems that will feature in a forthcoming Dear Jeremy advice column in the Saturday Guardian so that readers can offer their own advice and suggestions. We then print the best of your comments alongside Jeremy’s own insights. Here is the latest dilemma – what are your thoughts?I strayed into a new jo
  
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• If you're a creative, don't let fear of figures fail you

  09-05-2016 08:00
  
  Freelance work can be sporadic and unpredictable, but that doesn’t mean your creative venture’s cashflow has to beThree years ago Gillian Ussher quit a job she hated to make a living drawing portraits of animals. The move meant she could spend more time at home with her baby, and also pursue her passion – something which until then had only been a hobby. But while she was successful in selling her art, managing her cash flow was a battle.“It was a bit of a disaster,&rdquo
  
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• I hate cashback as my £51 pot disappears along with the website

  09-05-2016 08:00
  
  Is there any chance of getting my money from I Love Cashback?Last year I signed up to cashback website I Love Cashback, which offered cash rewards if you used its site as a portal to various online shopping sites. I shopped through retailers like Homebase, Argos and Evans and amassed a small cashback pot of £51.I’ve tried to access this pot since the beginning of the year and was promised payment within 30 days. That was in February. Since then my repeated queries to the site have go
  
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• Nationwide raises mortgage borrowing age limit to 85

  09-05-2016 07:00
  
  The last age at which the society will grant a mortgage is 80 years old, to run for five yearsNationwide is to raise the maximum age limit for its mortgages from 75 to 85, the highest of any major lender, in a change of policy that it says reflects Britain’s ageing population.The building society’s move leapfrogs Halifax, which last week raised its age limit to 80. Many older borrowers have struggled to obtain mortgages, despite changes to employment habits, with many workers staying
  
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• Terror costs for EasyJet may hit £45m

  09-05-2016 01:17 via feedproxy.google.com
  
  EASYJET is set to reveal the toll that terror attacks in Europe and the Middle East have taken on the airline when it posts results tomorrow.
  
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• Forget retiring by the seaside: Pensioners want cathedral cities and market towns

  09-05-2016 01:00 via feedproxy.google.com
  
  WEALTHIER pensioners are turning their back on a retirement by the sea in favour of upmarket cathedral cities or bustling market towns.
  
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