Financial news

• Brexit vote pushes up price of bacon as China hoovers up British pork

  25-08-2016 18:16 via theguardian.com
  Fall in value of sterling and loss of livestock in Chinese floods fuel export boom – and dearer bacon in UKBrexit is pushing up the price of a bacon butty as China exploits the weak pound to hoover up British pork amid its own domestic shortage.China’s farming industry has been devastated by severe flooding, which has forced suppliers to look further afield for their pork. Continue reading...
  
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• Iconic US sight The Empire State Building is now part-owned by QATAR

  25-08-2016 17:45 via feedproxy.google.com
  
  THE Gulf state of Qatar now owns part of the iconic Empire State Building in New York.
  
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• British tourism to Spanish hotels soars despite Brexit

  25-08-2016 17:39 via feedproxy.google.com
  
  BRITISH tourists have not been put off holidays to Spain following the vote to leave the European Union, data has revealed.
  
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• Just £1,975 for a HOUSE and milk at 12p: How prices in Britain have changed over the years

  25-08-2016 17:26 via feedproxy.google.com
  
  BRITONS looking for a trip down memory lane to when sweets really were a penny and homes were less than £1,000, can use a new site that reveals how prices have changed over the years.
  
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• MORE EU FINANCIAL CHAOS: Portugal in desperate £3.8bn bid to stabilise its banking system

  25-08-2016 17:12 via feedproxy.google.com
  
  PORTUGAL is set to inject billions of euros into its biggest bank in the hope of stabilising the country's economy.
  
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• UK funds continue to suffer outflows worse than financial crisis - Fund Strategy

  25-08-2016 16:33
  
  Fund Strategy
  UK funds continue to suffer outflows worse than financial crisis
  Fund Strategy
  UK funds continue to suffer outflows worse than during the global financial crisis with retail investors pulling £1bn in July, according to Investment Association figures. However, rising markets have helped propel total funds under management to a ...en meer »
  
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• UK Financial Ombudsman Makes Adviser Pay for Failing to Stop £250000 Fraud ... - The National Law Review

  25-08-2016 15:59
  
  UK Financial Ombudsman Makes Adviser Pay for Failing to Stop £250000 Fraud ...
  The National Law Review
  The UK Financial Ombudsman Service has sent a clear message to financial advisers that they must be vigilant to the risk of fraud when processing transactions on behalf of their clients. In its 23 August newsletter the FOS highlighted a recent case in ...
  
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• BREXIT BRITAIN THRIVES: Retailers report strongest sales in six months

  25-08-2016 15:11 via feedproxy.google.com
  
  BRITISH retailers reported their strongest sales in six months in August brushing off doom monger fears following the Brexit vote.
  
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• What Brexit fears? Mortgage lenders insist 'business as usual' throughout July

  25-08-2016 14:50 via feedproxy.google.com
  
  HOME lending powered through July, brushing off doom monger fears the property market would be hit by the Brexit vote.
  
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• Poland overtakes India as UK's highest migrant population - Financial Express

  25-08-2016 14:31
  
  Financial Express
  Poland overtakes India as UK's highest migrant population
  Financial Express
  Poland has overtaken India for the first time as the top country of birth for migrant population in the UK, new net migration figures released today showed. By: PTI | London | Published: August 25, 2016 5:58 PM. The region with the highest proportion ...en meer »
  
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• EUROZONE IN CRISIS: Shock new claims Greece RIGGED debt figures ahead of huge bailout

  25-08-2016 12:05 via feedproxy.google.com
  
  GREECE's bailout programme is under threat amid accusations its former statistics chief rigged the country's official economic data during its debt crisis.
  
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• UK FISHING FARCE: BAN foreign ships netting 80 PER CENT of our catch, urge experts

  25-08-2016 09:29 via feedproxy.google.com
  
  BREXIT means fishing policies MUST now be reformed, as foreign boats net 80 per cent of stock caught in UK waters, a think tank has claimed.
  
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• Bank holiday boost: Pound jumps to three-week high

  25-08-2016 08:22 via feedproxy.google.com
  
  BRITISH holidaymakers heading overseas for the long weekend have been handed a boost, as the pound surged to its highest level since the start of August.
  
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• I want to sell a house I've been renting out – will I have to pay capital gains tax?

  25-08-2016 08:00 via theguardian.com
  
  I’m also wondering whether my ex-wife would have had to pay CGT when she sold her share of the property to me after our divorceQ Could you please assist me with the following complicated but not uncommon situation. In 2001, I bought house for £167,000 with my then wife. In 2005, we let the house out. In 2013, we divorced and I mortgaged the house to be able to buy out my ex-wife.In 2015, I remarried and gave my new wife half the property for mortgage and tax purposes. We are now cons
  
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• Taking cash out of your retirement pot could land you with unexpected taxes and reductions

  25-08-2016 01:01 via feedproxy.google.com
  
  PEOPLE taking cash out of their retirement savings are being caught out by unexpected taxes and welfare reductions, a study shows.
  
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