Financial news

• Network Rail fined £4m after woman killed by train at foot crossing

  21-09-2016 20:42 via theguardian.com
  
  Former actor Olive McFarland, 82, was struck by train moving at 100mph on track that should have been restricted to 55mphNetwork Rail has been fined £4m for a string of safety failures after a woman was struck and killed by a train on a foot crossing.Olive McFarland, 82, was hit in August 2011 by a train travelling at nearly 100mph on a section of track that an employee of Network Rail said should have been restricted to 55mph. Continue reading...
  
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• Will Brexit Be Positive for UK Financial Services? - Markets Media - Markets Media (press release) (registration) (blog)

  21-09-2016 20:01
  
  Irish Times
  Will Brexit Be Positive for UK Financial Services? - Markets Media
  Markets Media (press release) (registration) (blog)
  Some panelists at the Misys Connect Forum in London yesterday argued that leaving the European Union will be positive for the City of London as the UK will ...
  More EU financial firms 'passport' into UK than sell out of itIrish Times
  EU passporting: Almost 5500 UK financial firms using systemYahoo News UK
  Over 5000 firms reliant on financial EU passportBelfast
  
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• Leaks reveal Amber Rudd's involvement in Bahamas offshore firms

  21-09-2016 20:00 via theguardian.com
  
  Exclusive: UK home secretary named as having been director of two Bahamas firms, while a co-director at another company was jailed over a false statementAmber Rudd’s business career has come under scrutiny following a Guardian investigation that reveals her involvement with two companies in an offshore tax haven, and another where her co-director was jailed for fraud.A fresh leak of tax haven data names the home secretary as having been a director of two companies in the Bahamas – a
  
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• Bahamas files leaks expose politicians' offshore links

  21-09-2016 20:00 via theguardian.com
  
  Release of 1.3m files reveals business dealings of home secretary Amber Rudd and former EU commissioner Neelie KroesIn the digital age, offshore secrets are hard to keep. In its latest revelations, the Guardian is publishing investigations based on the leak of 1.3m internal files from the company register of the Bahamas, one of the world’s most notorious tax havens.The data has brought to light details of the financial interests of politicians, entrepreneurs, financiers – and fraudst
  
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• Cyber attacks against UK financial industry on the rise — FCA - Financial Times

  21-09-2016 19:16
  Cyber attacks against UK financial industry on the rise — FCA
  Financial Times
  The number of cyber attacks against financial-services groups has soared in the last couple of years, with 75 attacks being reported to the UK's City watchdog so ...en meer »
  
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• CompaniesCyber attacks against UK financial industry on the rise — FCA - Financial Times

  21-09-2016 19:16
  CompaniesCyber attacks against UK financial industry on the rise — FCA
  Financial Times
  The number of cyber attacks against financial-services groups has soared in the last couple of years, with 75 attacks being reported to the UK's City watchdog so far this year, compared with just five in 2014. The statistics, revealed by a senior ...en meer »
  
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• EAU, UK Call to Join Efforts to Combat Financial Crimes - Prensa Latina

  21-09-2016 19:02
  EAU, UK Call to Join Efforts to Combat Financial Crimes
  Prensa Latina
  21 de septiembre de 2016, 12:49Abu Dhabi, Sep 21 (Prensa Latina) Government authorities and experts from the United Arab Emirates (UAE) and the United Kingdom (UK) said it is highly important to combat financial crimes and strengthen coordination to ...en meer »
  
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• The UK financial policy committee release - News.Markets

  21-09-2016 18:18
  
  News.Markets
  The UK financial policy committee release
  News.Markets
  The UK financial policy committee is due to release a press statement on Thursday following its recent quarterly meeting. The FPC is the Bank of England committee responsible for financial stability, its objective being to identify, monitor and take ...en meer »
  
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• Morrisons offers students 10% off groceries

  21-09-2016 17:54 via theguardian.com
  
  Discount trial includes beer and wine, but not online shopping, and comes soon after Co-op’s student dealMorrisons is giving students a 10% discount on food and drink, including beer and wine, in the first such move by a “big- four” supermarket.It has linked up with the student discount specialists UNiDAYS to trial the scheme in all of its 492 UK stores. The discount, will also be available in its cafes and petrol-station kiosks, but not on online shopping. Continue reading...
  
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• Boost for first-time buyers: Sellers should pay stamp duty NOT house hunters, says lender

  21-09-2016 17:29 via feedproxy.google.com
  
  HOUSE sellers should foot the bill for stamp duty, rather than buyers to make it easier for first-time buyers to make their first step on to the property ladder, according to the Yorkshire Building Society.
  
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• How has the Brexit vote affected the UK economy? September verdict

  21-09-2016 16:36 via theguardian.com
  
  How has the economy reacted to the vote to leave the EU on 23 June ? Each month we’ll look at key indicators to see what effect the Brexit process has on growth, prosperity and trade in the UK• Help fund our journalism by becoming a Guardian supporter.• Report: post-referendum gloom fears confounded by economic evidence Continue reading...
  
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• You were WRONG! Think-tank OECD makes HUGE U-TURN in Brexit economy forecasts

  21-09-2016 14:54 via feedproxy.google.com
  
  ONE of the establishment's biggest scaremongers in the lead-up to the EU referendum has pulled a spectacular U-turn over the affect a Brexit vote would have on the UK economy.
  
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• Britain closer to balancing books after Brexit, new figures show

  21-09-2016 14:02 via feedproxy.google.com
  
  BRITAIN'S public borrowing has continued to fall in the aftermath of the referendum, in yet another blow to predictions the economy would be hit by a vote to leave the European Union .
  
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• Over 5000 UK financial services firm rely on passports for business... - Finextra

  21-09-2016 13:31
  City A.M.
  Over 5000 UK financial services firm rely on passports for business...
  Finextra
  The Treasury Select Committee is today publishing correspondence from Andrew Bailey, Chief Executive of the Financial Conduct Authority, regarding the n...
  UK could lose 5,000 financial services firms over EU exit | Economiaeconomiaalle 4 nieuwsartikelen »
  
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• U.K. household financial expectations remain stable - EconoTimes - EconoTimes

  21-09-2016 12:26
  
  U.K. household financial expectations remain stable - EconoTimes
  EconoTimes
  The seasonally adjusted U.K. Household Finance Index (HFI) fell marginally to 44.8 in September from 44.9 in August. This hints at an ongoing financial strain, ...en meer »
  
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• UK could lose 5,000 financial services firms over EU exit | Economia - economia

  21-09-2016 10:27
  City A.M.
  UK could lose 5,000 financial services firms over EU exit | Economia
  economia
  MP Andrew Tyrie has released a letter from Andrew Bailey, chief executive of the Financial Conduct Authority, which reveals that currently 5,476 UK financial ...
  Over 5000 UK financial services firm rely on passports for business...Finextraalle 6 nieuwsartikelen »
  
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• UK could lose 5000 financial services firms over EU exit - economia

  21-09-2016 10:27
  City A.M.
  UK could lose 5000 financial services firms over EU exit
  economia
  MP Andrew Tyrie has released a letter from Andrew Bailey, chief executive of the Financial Conduct Authority, which reveals that currently 5,476 UK financial services firms use 336,421 passports under various different directives to do business in ...
  Over 5000 UK financial services firm rely on passports for business...Finextraalle 6 nieuwsartikelen »
  
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• Five ways to fight financial fraud - AOL Money UK

  21-09-2016 07:36
  
  AOL Money UK
  Five ways to fight financial fraud
  AOL Money UK
  Do you use the same password or PIN for numerous accounts? If you're one of the 25% who admit to doing this, you're much more likely to fall victim to online fraud. Comparison website Comparethemarket.com reckons one in ten people were the victim of a ...
  
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• How to hide it: inside the secret world of wealth managers | Brooke Harrington

  21-09-2016 07:00 via theguardian.com
  
  They know more about their clients than the clients’ own wives. They are loyal in the face of appalling behaviour. They are the brains behind the most ingenious tax avoidance schemes. And there are more of them than everThe Pritzker family is one of the wealthiest in the United States. Their assets, which amount to $15bn, are held in 60 companies and 2,500 trusts, using structures and strategies that Forbes magazine – normally a cheerleader for wealthy elites – describes with a
  
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