Financial news

• M&S takes on spectre of John Lewis with Bond-style Christmas ad

  11-11-2016 22:00 via theguardian.com
  
  Retailer aims to warm hearts with advert showing ‘Mrs Claus’ racing to help a six-year-old boy get a present to his sisterMarks & Spencer is to take on John Lewis with a heart-warming Christmas ad starring Janet McTeer as a glamorous “Mrs Claus” with a James Bond-style alter ego.With retailers’ festive commercials an annual battle for hearts and minds, the high street chain has taken a leaf out its rival’s book with a story about six-year-old Jake, who aft
  
  Read more

• European stock markets fall, but pound rallies, as Trump fears bite - as it happened

  11-11-2016 20:18 via theguardian.com
  
  Concern that Donald Trump will hurt global trade hit shares, bonds and emerging market currencies, but sterling gets a liftEuropean stock markets close in the redEurope could suffer from trade warsBuffett on TrumpWall Street fallsBond selloff continues - $1tn wiped off this week...
  Introduction: Trump worries, despite Dow hitting record high7.17pm GMTAfter a momentous week, Wall Street seems to have simply run out of energy.The Dow Jones index is virtually flat now, up 0.02%, while the S&P 5
  
  Read more

• Three bank employees arrested in UK insider trading investigation

  11-11-2016 19:25 via theguardian.com
  
  Arrests by National Crime Agency arise from operation led by Financial Conduct Authority linked to Panama PapersThe National Crime Agency has arrested three employees from blue-chip banks as part of a major UK insider trading investigation linked to the Panama Papers.The arrests, which were made in recent months and first reported on Friday, are the latest development in an operation led by City watchdog the Financial Conduct Authority (FCA). Its existence was disclosed by ministers this week. C
  
  Read more

• Tata Steel commits to stabilise UK business as pension talks continue

  11-11-2016 19:00 via theguardian.com
  
  Hope for future of Port Talbot plant as executive director, Koushik Chatterjee, says Tata performance has improvedThe owner of Britain’s biggest steelworks has boosted the survival chances of the Port Talbot plant by committing to stabilising its ailing UK business. The group executive director of Tata Steel, Koushik Chatterjee, said the company is focused on turning around its UK operations as the company published its financial results. Continue reading...
  
  Read more

• Advertisement

• Let’s move to Stranraer and the Rhinns, Dumfries and Galloway: escape here

  11-11-2016 17:29 via theguardian.com
  
  Nobody would find you on the edge of the edgeWhat’s going for it? It’s not often we get to use the word “isthmus” on Let’s move to, but today, folks, is the day. For Stranraer sits on one. Google it, if you’re scratching your head trying to remember first-year geography classes. Because Stranraer’s isthmus defines the place. Here Britain narrows to a pinch – the isthmus – before stretching out as the Rhinns, a “broad headland” or
  
  Read more

• British Airways cabin crew to vote for possible industrial action

  11-11-2016 17:21 via theguardian.com
  
  Mixed fleet employees working out of Heathrow to be balloted after union highlights ‘poverty wages’ Low-paid cabin crew at British Airways are to vote for possible strike action, after rejecting a 2% pay offer on what their union describes as “poverty pay” levels.More than 2,000 of the airline’s mixed fleet employees working out of Heathrow are to be balloted next week. All new recruits join the mixed fleet, which was set up in 2010 offering markedly inferior pay an
  
  Read more

• Deliveroo boss doubled his pay ahead of riders' protest

  11-11-2016 16:43 via theguardian.com
  
  Online food delivery firm reports loss of £18.1m for last year as it expanded into Europe, Hong Kong and the USDeliveroo’s top director nearly doubled his pay last year before the company trimmed pay for thousands of delivery riders.The London-based company’s highest-paid director, thought to be founder William Shu, was paid a salary of £102,135 in the year to December 2015 compared with £53,333 in the previous year according to accounts filed at Companies House on
  
  Read more

• What will happen when President Trump takes office?

  11-11-2016 16:00 via theguardian.com
  
  The US has never had a president-elect as inexperienced, untruthful, and mercurial. So what happens now?Donald Trump’s stunning election victory has pushed the United States – and the world – into uncharted territory. The US has never before had a president with no political or military experience, nor one who so routinely shirks the truth, embraces conspiracy theories, and contradicts himself. All of this makes it almost impossible to know how he will govern.But in some ways T
  
  Read more

• Advertisement

• Virgin Care wins £700m contract to run 200 NHS and social care services

  11-11-2016 14:10 via theguardian.com
  
  Deal for Bath and north-east Somerset area sparks new fears about private firms’ role in providing publicly funded healthcareSir Richard Branson’s health firm, Virgin Care, has won a £700m contract to deliver 200 types of NHS and social care services to more than 200,000 people in Bath and north-east Somerset.The contract, which was approved on Thursday, has sparked new fears about private health firms expanding their role in the provision of publicly funded health services. Co
  
  Read more

• Top toys for Christmas 2016: where to find the best deals in-store and online

  11-11-2016 13:40
  
  We have trawled shops and websites to bring you the best prices on the 12 toys predicted to be the most popular this year
  If you’re planning to purchase one of the top 12 toys for Christmas this year, you’d better get a move on. Toy retailers and supermarkets are competing to lure in the first wave of Christmas shoppers to their stores and, toy experts say, will price this year’s must-have toys most keenly over the next fortnight. However, in some cases, stock is already runnin
  
  Read more

• S&P predicts hard Brexit and fresh downgrade for UK

  11-11-2016 13:16 via theguardian.com
  
  In a blunt assessment the ratings agency calls UK a deeply divided, diminishing economic power on verge of losing the right to freely export to the EUBritain is in store for a hard Brexit that will hit the UK economy and lay bare the deep divisions in British society, a leading ratings agency has warned.In a bleak assessment of the UK’s prospects following the EU referendum, Standard & Poor’s said Britain was a diminishing global economic power on the verge of losing the ability
  
  Read more

• Zurich appoints ex Pru-Chief as UK CEO - Financial Reporter

  11-11-2016 12:40
  Financial Reporter
  Zurich appoints ex Pru-Chief as UK CEO
  Financial Reporter
  The UK is a hugely important market to Zurich and having an integrated business here under single leadership will help us operate in a less complex and more sustainable way. Zurich has announced the appointment of Tulsi Naidu as CEO of its UK business, ...en meer »
  
  Read more

• UK construction at weakest level for four years as housebuilding stalls

  11-11-2016 12:08 via theguardian.com
  
  Official data echoes reports from builders of growing economic uncertainty following vote to leave the EUThe construction sector suffered its worst quarter for four years following the vote to leave the EU and, in a blow to government hopes for better housing supply, homebuilding stalled.Official figures showed output in the construction sector, which accounts for 6% of the UK economy, slipped by 1.1% in the July to September quarter from the previous quarter. That echoed reports from builders a
  
  Read more

• The Oval Office will tame President Donald Trump

  11-11-2016 11:48 via theguardian.com
  
  Once in office, Trump will throw symbolic red meat to his blue-collar supporters, while reverting to the same supply-side, trickle-down economicsNow that Donald Trump has unexpectedly won the US presidency, it is an open question whether he will govern in accordance with his campaign’s radical populism, or adopt a pragmatic, centrist approach.If Trump governs in accordance with the campaign that got him elected, we can expect market scares in the US and around the world, as well as potenti
  
  Read more

• UK-China 8th Economic and Financial Dialogue: financial services - Invest in UK

  11-11-2016 11:47
  UK-China 8th Economic and Financial Dialogue: financial services
  Invest in UK
  Plans for London-Shanghai Stock Connect to progress to next stage as part of long-term, strategic plan for financial services cooperation between UK and China. The London-Shanghai Stock Connect – the first of its kind outside China – will proceed to ...en meer »
  
  Read more

• Amazon drivers admit to speeding due to tight delivery schedule

  11-11-2016 11:35 via theguardian.com
  
  Staff contracted to agencies enlisted by Amazon Logistics also claim they are being underpaid due to long hours workedAmazon delivery drivers admitted breaking speed limits and said they did not always have time for toilet breaks because of the pressure to stay on schedule, according to a BBC investigation.Drivers for companies contracted to work for the online retailer told an undercover reporter that they were expected to deliver up to 200 parcels a day. Continue reading...
  
  Read more

• Pound soars as Trump effect kicks in and there's more good news to come

  11-11-2016 10:06 via feedproxy.google.com
  
  THERE'S good news for the strengthened Pound Sterling as the currency peaked at $1.26 this morning hitting a new post-flash crash high.
  
  Read more

• As the election haze clears, Trump’s China conundrum will become clear | Jonathan Fenby

  11-11-2016 09:30 via theguardian.com
  
  President Trump would be well advised to steer away from the rhetoric of Candidate Trump in dealing with the world’s second biggest economy• Become a Guardian supporter or make a contribution It may well be the greatest test of whether the cold reality of office dampens the campaign rhetoric of the next occupant of the White House. Out on the stump, there was no doubt which country Donald Trump held most guilty for the loss of American jobs and saw as the major obstacle to making Amer
  
  Read more

• What does Brexit mean for business funding in Wales?

  11-11-2016 09:00 via theguardian.com
  
  From social businesses supporting poor areas to a fast-growing manufacturer, EU funding has been vital to Welsh communities and enterpriseEach year, more than 5,000 people in Wales are helped by The Wallich, a Cardiff-based limited company and charity that supports homeless and vulnerable people. It runs about 70 projects, which range from delivering coffee to homeless people to providing education courses, some supported by EU funding. Its services help homeless people back into work and to reg
  
  Read more

• My boss's constant picking on me has knocked my confidence

  11-11-2016 08:00
  
  Her bullying is making my working life miserable, and I feel trapped in a job that I have held for 15 yearsTwice a week we publish problems that will feature in a forthcoming Dear Jeremy advice column in the Saturday Guardian so that readers can offer their own advice and suggestions. We then print the best of your comments alongside Jeremy’s own insights.My boss doesn’t like me. I’m not sure why and I have given up trying to figure it out, but it is making my working life real
  
  Read more

• Fight your demons in this Norfolk cottage – in pictures

  11-11-2016 08:00
  
  The former home of a medieval exorcist is haunted, according to some Continue reading...
  
  Read more

• Companies should be forced to say how much tax they pay and where

  11-11-2016 08:00 via theguardian.com
  
  Hopes for global tax regulation are unrealistic but tax transparency, as a condition of market access for multinationals, could happen nowIt might be strange hearing this from a banker, but there is not enough transparency around tax. The result is a situation that favours Alphabet (owner of Google), Amazon and Apple at potentially the expense of everyone else.
  National governments have raced to the bottom when it comes to tax – each vying for a few more jobs and a little more investment i
  
  Read more

• Common job interview questions – and how to answer them

  11-11-2016 08:00
  
  Use our sample competency question answers to master the Star technique and land your ideal positionWhile technology has had a huge impact on job hunting, one aspect has remained unchanged: the job interview. And one of the stalwarts of the interviewer’s toolbox is the competency question.A competency can be either a skill or behaviour. You will be able to spot a competency question because they usually start with: “Tell me about a time when …” or “Give me an examp
  
  Read more

• Singles’ Day: Chinese to splurge $20bn in world's biggest shopping event

  11-11-2016 07:22 via theguardian.com
  
  Chinese e-commerce giant Alibaba reports huge online sales in the annual celebration of lonely heartsChinese consumers were expected to spend $20bn in the Singles’ Day shopping splurge that claims to be the world’s biggest shopping event.In less than seven minutes after midnight on Friday, Chinese e-commerce giant Alibaba said 10bn yuan (US$1.47bn) of products had already been sold through its platforms as consumers indulged the now annual celebration of the country’s lonely he
  
  Read more

• City News: Halfords, Bovis, Superdry & Astrazeneca

  11-11-2016 01:01 via feedproxy.google.com
  
  BIGGER cycling promotions and higher costs due to a weaker pound dented Halfords Group’s half-year profit.
  
  Read more

• Amazon to spread Black Friday sales over two weeks

  11-11-2016 01:01
  
  Online giant extends discounted deal period, starting offers on 14 November, as retailers gear up for consumer rushAmazon is to extend its Black Friday promotion to almost two weeks as retailers gear up for the biggest shopping day of the year. Billions of pounds is expected to be spent by shoppers over the Black Friday weekend, starting 25 November, and over the 12 days in the run-up to it. Last year, on Black Friday, Amazon sold more than 7.4m items in the UK, a record for the company involvin
  
  Read more

Follow @financialnwsUK on Twitter!