Financial news

• UK Financial Regulatory Developments - May 2016 #9 - JD Supra (press release)

  19-05-2016 18:58
  
  UK Financial Regulatory Developments - May 2016 #9
  JD Supra (press release)
  The Chancellor has responded to a letter from Andrew Tyrie MP, Chairman of the Treasury Committee, to confirm that payments made by banks to regulators are viewed as “a routine cost of doing business” and are therefore “generally deductible for ...
  
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• Payment shock: bank customers could get zapped for overspending

  19-05-2016 16:35
  
  New technology can link wearable device to bank accounts and give electric shocks to help customers manage their spending
  Bank customers who overspend could soon get an electric shock to warn them that they have gone into the red, thanks to an invention from a British technology firm. Zapping someone for going overdrawn might sound harsh, but the company behind the idea claims many customers worried about exceeding their limits would agree that it is better to get a little shock now instead of a
  
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• Can business and government work together for development? - live chat

  19-05-2016 13:14
  
  Join experts on Wednesday 25 May, 2-3pm BST to explore how businesses can work with government to ensure on the ground work leads to genuine change An increasing number of companies are setting up on the ground projects designed to improve conditions for workers in their supply chains and alleviate poverty – a trend reinforced by the UN sustainable development goals. But without the support of government, it’s hard for businesses to make significant breakthroughs and long term change
  
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• Why are UK pensions so complicated?

  19-05-2016 13:04
  
  Frequent rule changes and a huge range of schemes have made pensions a minefield
  The Bank of England’s chief economist Andy Haldane has warned that the UK pension system is too complicated, admitting that even he finds it confusing.“I consider myself moderately financially literate,” he said. “Yet I confess to not being able to make the remotest sense of pensions.” Continue reading...
  
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• Burberry tightens belt as global fashion slows

  19-05-2016 08:37 via feedproxy.google.com
  
  BURBERRY is shaping up for leaner times in the luxury goods market with a company makeover designed to save £100million a year.
  
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• Late payment problem? Take it to auction

  19-05-2016 08:30
  
  New company Investly claims to make invoice and cashflow worries a thing of the past by releasing cash through an auction systemAsk any business what their biggest concern is and cashflow tops the list. Government figures show nearly half (44%) of SMEs report cashflow problems. At the same time, research by accountancy software business Sage found 60% of companies are having to wait 60 days for invoices to be paid and nearly half (47%) say some invoices take 90 days to be honoured.This was the f
  
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• Can I avoid my home being sold to pay for care if I buy it with my son?

  19-05-2016 08:00
  
  We would be tenants in common but am wondering if he would have to be living in the property for it to be excluded from means-testing
  Q I do not have a partner. I want to purchase a property and hold it as tenants in common with my son to avoid my home being included in means-testing should I need to go into care in the future. As this arrangement seemingly works for married people will it work in my circumstances? And would my son have to live in the property?
  If this arrangement would not work
  
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• Flashbacks to financial crisis - Yahoo Finance UK

  19-05-2016 00:33
  
  Yahoo Finance UK
  Flashbacks to financial crisis
  Yahoo Finance UK
  Buybacks inflating the market? Carson Block, Muddy Waters Research founding partner, explains why he sees a parallel with current conditions to the financial crisis. There are no comments yet. Leave a comment... Comment Guidelines. your avatar. Post As ...en meer »
  
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