Financial news

• Al Rayan Bank expert helps UK devise Shariah products to ensure financial ... - Gulf Times

  07-06-2016 21:54
  
  Al Rayan Bank expert helps UK devise Shariah products to ensure financial ...
  Gulf Times
  Financial inclusion for its entire population is at the heart of the UK government's drive to make provision for Shariah-compliant financial products. The vision has motivated Dr Samir Alamad, head of Shariah Compliance and Product Development at Al ...
  
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• Right up your drang, jitty or vennel | Brief letters

  07-06-2016 19:51
  
  Pension fund ringfencing | Greatest heavyweight champion | Names for alleysOnce again, a major company folds with a gaping hole in its pension fund (Former BHS owner agreed not to take cash out, 6 June). Like most people, when paying into my firm’s pension, I assumed all the money contributed by employees and the company would be ringfenced in a fund kept totally clear of the company to protect against the sort of situation now happening with terrible regularity. Why does this no
  
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• Mike Ashley admits Sports Direct staff were not paid minimum wage

  07-06-2016 19:44
  
  The billionaire acknowledges ‘unacceptable’ and ‘unreasonable’ employment practices to MPs in a committee sessionMike Ashley’s Sports Direct is facing a multimillion-pound bill in fines and back pay after the billionaire admitted his company had broken the law by failing to pay staff the national minimum wage.The concession, which was made as Ashley appeared in front of MPs investigating his firm’s treatment of its workers, confirmed the findings of a Guardian
  
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• Singapore to overtake UK as offshore financial centre - Financial Times

  07-06-2016 19:17
  Financial Times
  Singapore to overtake UK as offshore financial centre
  Financial Times
  Singapore is expected to overtake the UK by 2020 to become the world's second-largest offshore financial centre behind Switzerland as the balance of global wealth moves steadily eastward. According to the Boston Consulting Group's Global Wealth 2016 ...en meer »
  
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• Insurer launches UK's 'first driverless car policy'

  07-06-2016 17:42
  
  Adrian Flux designs policy for consumers whose cars already have driverless features, such as auto-parking and ABSThe company Adrian Flux has launched what it claims to be the UK’s first personal driverless car insurance policy.The policy is designed for consumers who already have driverless features in their cars, such as self-parking, or are thinking of buying a car with autopilot features. Fully self-driving cars are not expected to be on the road until 2020 at the earliest, when Volvo
  
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• Poll: How are you planning to vote in the EU referendum?

  07-06-2016 17:13
  
  Over the past few months small businesses have heard the arguments for staying in and leaving the EU. Have you made up your mind?The EU referendum is drawing closer – but which campaign is attracting the small business vote? Your vote will remain anonymous, but overall percentages and findings might be used in further coverage on the Guardian Small Business Network. For example, the results will help us gauge how decisions may be influenced by industry and geographical location. This poll
  
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• Middle class squeeze: One in three couldn't pay £500 emergency bill

  07-06-2016 15:18 via feedproxy.google.com
  
  MILLIONS of middle-class workers don't have enough in savings to pay an unforeseen expense or emergency bill, research has revealed.
  
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• How this simple step can "turbocharge your savings"

  07-06-2016 14:48 via feedproxy.google.com
  
  SAVERS can give their investments a "spectacular boost" by sticking to one golden mantra while building a long-term cash pot, analysis has showed.
  
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• Out-of-hours childcare: expensive and ever harder to find

  07-06-2016 13:03
  
  Parents with irregular shifts or ad hoc work are struggling to find childcare after 6pm Finding affordable childcare can be a struggle for any family, but for parents who work outside traditional nine-to-five hours the search is even more difficult. Figures from the Family and Childcare Trust show that only 7% of local authorities provide sufficient childcare for people who do shift work or have unusual working patterns, a figure that has fallen from 15% in 2015. Continue reading...
  
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• House price SHOCK as growth drops to lowest since last Autumn

  07-06-2016 12:34 via feedproxy.google.com
  
  HOUSE prices growth is now at its lowest level since last Autumn, new figures have revealed.
  
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• UK house prices inch up 0.6% in May

  07-06-2016 12:19
  
  Halifax says increase adds £1,200 to the value of a typical home, with the average house price now at £213,472House prices inched up 0.6% in May, largely cancelling out a fall the previous month and adding £1,200 to the value of a typical home, according to the Halifax.At £213,472, however, the average house price is less than £1,000 higher than it was in January, and the mortgage lender predicts a slowdown in price growth as the year progresses.Continue reading...
  
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• Big mergers drive UK takeover deal values to highest since financial crisis - euronews

  07-06-2016 11:11
  
  euronews
  Big mergers drive UK takeover deal values to highest since financial crisis
  euronews
  LONDON (Reuters) – A couple of mammoth mergers drove the value of takeovers of British companies to their highest level since the financial crisis during the first quarter, official data showed on Tuesday. The Office for National Statistics said the ...en meer »
  
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• Mozambique: UK Financial Regulator Investigating Banks Involved in ... - AllAfrica.com

  07-06-2016 10:02
  Mozambique: UK Financial Regulator Investigating Banks Involved in ...
  AllAfrica.com
  Maputo — The United Kingdom financial regulator is investigating possible wrongdoing by the Swiss bank Credit Suisse and VTB of Russia in the scandal of the government guaranteed loans, totaling over two billion dollars, which they arranged for ...en meer »
  
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• Suppliers cash in on car boom

  07-06-2016 09:17 via feedproxy.google.com
  
  BRITAIN'S booming car industry is set to drive a £225million spending spree by supply chain companies over the next three years.
  
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• EE has given my pay-as-you-go number to someone else

  07-06-2016 07:59
  
  The network passes me from pillar to post every time I call to get to the bottom of the issueI have had the same pay-as-you-go number for more than 16 years; my son has been using it for the past decade. Recently he unexpectedly received a new sim activation pin. Later that day he found he could no longer make or receive calls. When a friend rang his number, a stranger answered it. I called EE immediately and was told that our number had erroneously been given to another customer on a monthly co
  
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