Financial news

• Student’s fake John Lewis Christmas advert is runaway hit – video

  06-11-2016 22:02 via theguardian.com
  
  An A-level student who created a spoof John Lewis Christmas advert as part of his coursework has attracted hundreds of thousands of fans after the video was posted on YouTube. Bearing all the hallmarks of the traditional tear-jerker from the British department store, Nick Jablonka’s advert, titled The Snowglobe, has led to many viewers calling for him to be hired by the companyFestive fake: viewers fooled by student’s John Lewis Christmas adContinue reading...
  
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• Festive fake: viewers fooled by student Nick Jablonka's John Lewis Christmas ad

  06-11-2016 20:28 via theguardian.com
  
  Video spoof of the retailer’s celebrated seasonal tear-jerkers created by Nick Jablonka for his media A-level was a runaway hit on YouTubeIt has become one of the most eagerly awaited moments of the festive calendar, sparking weeks of Christmas-themed marketing that tugs on the heartstrings and prises open the wallets of millions of Britons.But annual excitement about the John Lewis Christmas ad was given a false start this weekend when hundreds of thousands of people were fooled into watc
  
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• Volkswagen inquiry widens to include former finance chief

  06-11-2016 18:58 via theguardian.com
  
  Hans Dieter Pötsch will fully support prosecutors’ investigation into alleged market manipulation, carmaker saysGerman prosecutors have deepened the crisis at Volkswagen by widening an investigation into suspected market manipulation to include the chair of the carmaker’s supervisory board, Hans Dieter Pötsch.The investigation relates to accusations that VW’s management withheld information about the company’s emissions scandal from shareholders. In September 20
  
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• Thousands of Tesco Bank accounts compromised by fraud

  06-11-2016 18:52 via theguardian.com
  
  Bank says it is urgently investigating after customers report seeing hundreds of pounds wiped from accountsThousands of Tesco Bank accounts have been compromised and customers have seen hundreds of pounds wiped from their balances in a wave of fraudulent activity.
  The bank, which has more than 7 million customers, issued a text alert to account holders late on Saturday after it observed suspicious activity in multiple current accounts and moved to block some customer cards. Continue reading...
  
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• Greek prime minister reshuffles cabinet to boost bailout reforms

  06-11-2016 18:39 via theguardian.com
  
  Alexis Tsipras says time has come to speed up measures agreed with the country’s international creditorsThe Greek prime minister, Alexis Tsipras, has reshuffled his government to boost bailout reforms in the hope of getting the EU to agree to critical debt relief by the end of the year. Heralding a new political era for his country, the embattled leader said on Sunday the time had come to expedite measures demanded by international creditors and “turn the page”. Hardline minist
  
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• The hydropower paradox: is this energy as clean as it seems?

  06-11-2016 16:00 via theguardian.com
  
  New research finds that the world’s hydroelectric dams generate a surprising amount of greenhouse gas emissionsIn July, UN Secretary Ban Ki-Moon highlighted the role of hydropower in boosting the use of renewable energy globally, when he visited a nonprofit institute in China that helps emerging nations develop and build hydropower plants. Many countries consider hydroelectricity a clean source of power because it doesn’t involve burning dirty fossil fuels. But that’s far from
  
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• European commission to examine terms of UK's deal with Nissan

  06-11-2016 15:58 via theguardian.com
  
  Officials have asked the business secretary, Greg Clark, what promises were made to keep Japanese carmaker in BritainThe European commission is examining the details of Britain’s secret deal with Nissan, it can be revealed.Officials in Brussels have made contact with the UK government to find out what promises the business secretary, Greg Clark, made to the Japanese carmaker to keep its business in the UK. Continue reading...
  
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• The Crusader: Mother and daughter win dream tickets for Michael Ball and Alfie Boe

  06-11-2016 14:05 via feedproxy.google.com
  IT looked like the curtain had come down on the hopes of a daughter and her mum when their dream tickets to see singing legends Michael Ball and Alfie Boe were suddenly cancelled by the booking agency.
  
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• Birds Eye and Walkers ask supermarkets for up to 12% price rises

  06-11-2016 13:46 via theguardian.com
  
  Brands join Typhoo and Unilever in battle over prices caused by 18% drop in value of pound against dollar since Brexit voteBirds Eye fish fingers and Walkers crisps are asking supermarkets for price rises of up to 12%, in the latest standoff between household brands and retailers over the dramatic fall in the value of the pound.The brands have joined Typhoo and Unilever, the owner of Marmite, and a number of smaller suppliers in an industry-wide battle over price increases caused by the 14.5% dr
  
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• The legacy of leaving old industrial Britain to rot is becoming clear | Larry Elliott

  06-11-2016 13:00 via theguardian.com
  
  The hollowing-out of British industry since the 1980s is the single biggest change to the UK economy in the postwar eraTime to move on. That was the message from the home secretary when she announced that the government would not be holding a public inquiry into the clashes between police and miners at the Orgreave coking plant during the year-long pit strike 32 years ago. Different world in 1984, said Amber Rudd. It was a long time ago. No point in raking over the past.The site of the coking pl
  
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• Half UK budget deficit 'is down to job destruction in older industrial areas'

  06-11-2016 13:00 via theguardian.com
  
  Report finds that legacy of hollowing-out of manufacturing in 1980s is far more people claiming incapacity benefitsThe enduring impact of closing factories and shutting coalmines in the 1980s has been revealed in new research showing that the drain on the exchequer from former industrial areas is responsible for up to half the government’s £55bn budget deficit. Related: The legacy of leaving old industrial Britain to rot is becoming clear | Larry ElliottContinue reading...
  
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• Equal pay is still far-off for Britain, where the gender gap narrows at a glacial pace

  06-11-2016 10:00 via theguardian.com
  
  New disclosure rules and more free childcare are to be welcomed, but the government must do more to ensure women earn the same as menHere we go again. The Equal Pay Act was introduced 46 years ago and yet from Thursday this week the UK’s female workforce will effectively be working for free until 31 December, due to the scale of the gender pay gap.This year’s “equal pay day”, which highlights the difference between men’s and women’s salaries, is only one day l
  
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• No refund or redress from British Airways after it let us down badly

  06-11-2016 08:01 via theguardian.com
  
  Our flight to Gatwick was cancelled with no explanation, so we were forced to fly to HeathrowOur British Airways flight from Amsterdam to London Gatwick was cancelled recently, and we were put on a BA flight to Heathrow instead. The BA desk at Amsterdam’s Schiphol airport assured us that BA London would be informed that we had to get back to Gatwick, where our car was waiting for us.On arrival at Heathrow we were met by a friendly carer to help my wife, who has difficulty walking, and he t
  
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• Triple-lock pension should be scrapped, say MPs

  06-11-2016 08:00
  
  Guaranteed rises in the state pension worsen generational inequality skewed toward baby-boomers, according to committeeGuaranteed rises in the state pension should be scrapped according to a damning report by an all-party committee of MPs, which claims the British economy has become “heavily skewed” towards well-off baby boomers. Related: A millennial and a baby boomer trade places: ‘I can’t help but feel a stab of envy’Continue reading...
  
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• In interesting times, we’re stuck with a dull and cautious chancellor

  06-11-2016 08:00 via theguardian.com
  
  Philip Hammond will tinker boringly around the edges in his autumn statement, and neither the threat of inflation nor weak consumer confidence looks likely to prod him into actionPhilip Hammond will be a cautious chancellor: that much is becoming clear. Not for him the fireworks that became a familiar sight whenever George Osborne presented a budget – some of which went off in his face.Hammond will be less concerned with manufacturing tricks designed to cheer his backbench colleagues than
  
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• A post-Brexit recovery – for Gove at least

  06-11-2016 08:00 via theguardian.com
  
  Rather than barracking from the back benches, Michael Gove now has a job or two to doMichael Gove must have once dreamed that by now he would be leading Britain’s charge out of the European Union as prime minister, fighting off reluctance from remainers and high court challenges alike. Instead, after his well-publicised battle for the leadership with Boris Johnson – which neither won – he seemed destined to be barracking from the back benches. But a revival of fortunes has seen
  
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• How nosey insurers use Facebook and your weekly shop to keep tabs on you

  06-11-2016 07:59 via theguardian.com
  
  Firms are studying people’s internet and social media usage to make a judgment about potential risk, but at what cost?Picture a world where no one ever posts anything on social media about nights out or evenings slobbing in front of the TV; instead they share details about work meetings, or recommendations for accounting apps. Why? Because exhibiting exactly this sort of “conscientious” behaviour on social media could potentially shave hundreds of pounds off your insurance prem
  
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• Will vote for Trump bring a financial aftershock?

  06-11-2016 01:01 via feedproxy.google.com
  
  WITHIN days we will finally know the identity of the next US president and there is a growing chance that it could be Donald Trump.
  
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• Sainsbury’s profit set to rise by £89m

  06-11-2016 01:01 via feedproxy.google.com
  
  SAINSBURY’S and Marks & Spencer are set to reveal drastically contrasting fortunes this week, with the latter battling falling sales while the supermarket giant enjoys resilient trading and increased profitability.
  
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• Pensions Regulator COULD target Sir Philip Green's wife

  06-11-2016 01:01 via feedproxy.google.com
  
  SIR Philip Green’s wife Tina could be targeted by The Pensions Regulator as part of its efforts to get the former owners of BHS to plug its pension scheme deficit.
  
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• Marks and Spencer stores face closure over unsatisfying profit returns

  06-11-2016 01:01 via feedproxy.google.com
  
  MARKS & SPENCER has a unique place in hearts of the British public, which makes managing it a much more difficult task than at almost any other FTSE-listed company.
  
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• Five minute guide to putting paid to the pension scammers

  06-11-2016 01:01 via feedproxy.google.com
  
  COLD calling is a curse of modern life, one that causes frustration and irritation for millions of Britons.
  
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• City News: Coal mining, GBP value, HSBC, APS

  06-11-2016 01:01 via feedproxy.google.com
  
  COAL mining could return to Cumbria more than 30 years after the last pit closed, under plans West Cumbria Mining will submit to authorities in January, writes Ged Henderson.
  
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• Billion dollar movies set to give Walt Disney record profits

  06-11-2016 01:01 via feedproxy.google.com
  
  WALT Disney is set to post record preliminary results for the sixth consecutive year on Wednesday, thanks to blockbuster movies such as Star Wars and Captain America.
  
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