Financial news

• High demand for fibre broadband boosts BT sales

  27-10-2016 21:10 via feedproxy.google.com
  
  STRONG demand for fibre broadband connections and improved TV audiences for its sports package were highlights for BT as it stayed on track to hit annual profit forecasts.
  
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• Banking software giant Misys scraps its £5.5bn float bid

  27-10-2016 20:35 via feedproxy.google.com
  
  THE new issues market suffered another blow yesterday as banking software giant Misys scrapped plans for a float billed as the UK’s biggest this year.
  
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• UK financial watchdog declares end of regulatory 'revolution' - POLITICO.eu

  27-10-2016 18:37
  
  POLITICO.eu
  UK financial watchdog declares end of regulatory 'revolution'
  POLITICO.eu
  The unexpected olive branch comes as the May government tries to reassure Brexit-worried banks to stay. By Silvia Sciorilli Borrelli and Tom McTague. 10/27/16, 6:00 AM CET. Updated 10/27/16, 6:17 PM CET. LONDON — Goodbye, regulatory revolution.en meer »
  
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• STRONG BRITAIN: Pound rallies as economy GROWS 0.5% post-Brexit proving fear-mongers WRONG

  27-10-2016 10:25 via feedproxy.google.com
  
  BRITAIN's economy defied doom-monger warnings and kept booming in the months following the vote to leave the European Union , official figures showed today.
  
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• BT takes £145m hit due to accounting 'errors' at Italian division

  27-10-2016 10:20 via theguardian.com
  
  Telecoms firm appoints advisers to assist with inquiry into BT Italia and says non-cash charge will not affect full-year figuresBT has taken a £145m hit after uncovering “inappropriate management behaviour” at its Italian division.The company, which said the non-cash charge would not affect full-year figures, appointed external advisers to assist with a full investigation into BT Italia. Continue reading...
  
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• Don’t stigmatise disabled people as workshy | Frances Ryan

  27-10-2016 10:00
  
  Disabled people are desperate to work, but we can only get there with the proper support. This government finds it easier to shame us than provide that helpTo be disabled and need money to live in modern Britain: this week brings two insights into just what that means.On the one hand, there is I, Daniel Blake, Ken Loach’s blistering film about a jobseeker who, after a near-fatal heart attack, can get neither work nor benefits. And on the other, the prospect that proposed Conservative cuts
  
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• We want to use our pensions to pay a mortgage, but what if we end up in care?

  27-10-2016 08:00
  
  My wife and I are unsure whether our pensions would have to be used to cover care home costsQ My wife and I are considering downsizing to move nearer to our daughter. However, the difference in property values between where we live and where my daughter lives means that we’ll need to take out a small mortgage of around £50,000. We are easily able to finance the mortgage as we both have private pensions as well as our state pensions. What concerns us is what would happen if one of us
  
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• £1,000 bill for one John Lewis order was ‘ring fenced’ twice at my bank

  27-10-2016 08:00
  
  As a result my entire balance was frozen for five daysI want to alert you to a procedure that John Lewis employs when an online order includes items from two separate suppliers. It is company policy to ringfence – or reserve – in the customer’s bank account the money needed to cover any order. This is to ensure the money is available to debit when the goods are dispatched. However, if the order involves items from more than one supplier the full amount of an order is reserved t
  
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