Financial news

• Robert Vaughn’s truly magnificent moment | Letters

  20-11-2016 20:26
  
  Thermobaric weapons | Pensions policy | Maths skills | The Grand Tour | Robert Vaughn | Palace repairsAn MoD spokesman says the UK “does not have” powerful and controversial thermobaric weapons (Report, 18 November). This is a case of weasel words: the MoD does not accept the use of the term thermobaric as “there is no internationally accepted definition”. So the thermobaric AMG-114N missiles fired by UK Reaper drones have been relabelled as “enhanced blast” i
  
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• Brexit POINTLESS if Britain stays in single market, says top economist

  20-11-2016 18:07 via feedproxy.google.com
  
  BRITAIN'S vote to leave the European Union will be proved pointless if the UK stays in the single market, a leading economist has warned.
  
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• Credit score 'catch-22 pushes millennials towards payday loans'

  20-11-2016 17:47
  
  Study finds lack of track record rules out cheap credit and drives them to high-cost loans, which in turn lowers scores furtherMillennials are missing out on the boom in cheap credit and using expensive payday loans, because poor credit scores lock them out of the best deals.Borrowers born after 1982 are typically paying a higher rate on loans and credit cards than those born earlier, according to analysis of more than 150,000 credit files.Continue reading...
  
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• "Inflation is BACK": Chancellor issues warning for households ahead of Autumn Statement

  20-11-2016 16:34 via feedproxy.google.com
  
  THE Chancellor has warned that the cost of living is rising for Britons, ahead of his Autumn Statement on Wednesday.
  
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• Jam tomorrow: all Philip Hammond is likely to offer struggling Britons

  20-11-2016 15:48 via theguardian.com
  
  Chancellor’s autumn statement unlikely to do much for the ‘just about managing’ families who voted keenly for BrexitWelcome to Jamland. Formerly known as the United Kingdom, Jamland is where the Jams live.They were once known as the squeezed middle. They have also been dubbed the people who just get on with it. Now, courtesy of Theresa May, there is a new moniker for those who are struggling to get by – the families who are “just about managing”. Continue read
  
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• Morrisons to slash petrol price to below £1

  20-11-2016 13:39 via theguardian.com
  
  Conditional 10p cut for grocery shoppers could trigger price war among UK’s supermarkets in run-up to ChristmasMorrisons is cutting the price of petrol to below £1 a litre for the first time since the Brexit vote, escalating a pre-Christmas price war among Britain’s biggest supermarkets.From Monday, Morrisons customers spending more than £50 in stores will be able to fill their cars with unleaded petrol for 99.9p a litre, a 10p cut compared with Sunday. Continue reading..
  
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• Do YOU know when firms credit check you?

  20-11-2016 12:59 via feedproxy.google.com
  
  THOUSANDS of Britons are totally unaware when firms search their financial history and potentially impact access to future credit, according to research.
  
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• Cawsand joins St Ives as the new frontline of Cornwall’s war on second homes

  20-11-2016 12:35
  
  After a court backed a bid by St Ives to limit new homes to locals, parishes across the county are prepared to follow its lead“Second home. Second home. That one’s a second home. Second home.” Alison Hall is walking along Garrett Street in the Cornish village of Cawsand reciting a litany as she passes the former fishermen’s cottages. “Second home. That’s a holiday let. Second home. These people live here all the time. Second home.”The litany becomes a la
  
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• Plea to axe curbs on business rates ahead of Autumn Statement

  20-11-2016 10:09 via feedproxy.google.com
  
  SOME of the hardest hit companies will continue to suffer unless the Government scraps plans to restrict business rates tax cuts, experts have warned.
  
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• 'Business and Government must work together' CBI leader calls for clarity over Brexit

  20-11-2016 09:49 via feedproxy.google.com
  
  BUSINESSES are 100 per cent committed to making the best of Brexit, but the Government must work more closely with them, the head of the Confederation of British Industry will say this week.
  
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• Baby bracelet aims to save newborns in India from hypothermia

  20-11-2016 09:00 via theguardian.com
  
  The 8m babies born prematurely every year in India are at risk of hypothermia. A Bangalore startup has invented a bracelet to protect themAt the upmarket Cloudnine hospital in Gurgaon, the latest accessory among parents is a temperature-taking bracelet for newborns. The bracelets, made by Bangalore-based startup Bempu, constantly monitor a baby’s temperature and sound an alert if it goes too high or too low. Doctors use the bracelets while babies are in neonatal intensive care or prescribe
  
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• M&S Bank asked me for personal details, but the letter looked like a scam

  20-11-2016 08:00 via theguardian.com
  
  The return envelope wasn’t even addressed to the bank and I didn’t want to send sensitive information in the postMy wife has had an M&S Bank credit card for more than 12 years and I am the second card holder. This week she received a letter asking me to provide photocopies of documents such as my passport, driving licence and tax details. Two had to include a photo, and they had to be notarised by a list of approved people.I rang M&S Bank to see if this was some sort of scam
  
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• Black Friday night’s all right for fighting

  20-11-2016 08:00 via theguardian.com
  
  The American ‘shopping event’ that has travelled to Britain is coming around again. But our bouts of fisticuffs at the tills don’t compare with theirsThey say that what starts in the US inevitably comes to the UK (burger joints, crazy clowns and syphilis are oft-cited examples). But we don’t always embrace these gifts as enthusiastically as the Americans.Take Black Friday, the US equivalent to our Boxing Day sales, which takes place the day after Thanksgiving and is with
  
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• Britain’s housing crisis is so serious that it must be tackled now

  20-11-2016 07:59 via theguardian.com
  
  The housebuilding effort of the 1950s – by a Conservative government – puts our current attempts to resolve supply problems to shame. The autumn statement can change thatA boost for childcare in the autumn statement would be a profoundly depressing move. And it will be just as dispiriting if there are new programmes to help low-income families. Not because these measures aren’t to be warmly welcomed: it is just that it will tell you that the chancellor is focused on tinkering r
  
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• EU policy knowingly hits Europe’s poorest blasts Archbishop of Canterbury Justin Welby

  20-11-2016 04:19 via feedproxy.google.com
  
  THE Archbishop of Canterbury has blasted the Brussels elite who 'strangled the hopes and futures' of Europe's poor like Greece, after fiddling the sums so that Athens could join the euro.
  
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• Brexit bashers silenced as banks want to stay in 'financial centre' London after Brexit

  20-11-2016 02:25 via feedproxy.google.com
  
  LEADING global banks have no plans to leave London following Britain's vote to leave the European Union and are now toning down threats and warnings of an exodus, as Theresa May reaches out to assure the financial sector.
  
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• In fighting to protect jobs and workers, let's not get caught up in xenophobia | Greg Jericho

  20-11-2016 02:17 via theguardian.com
  
  Politicans should be wary of giving succour to racists looking to follow the Brexit/Trump narrative of blaming working-class woes on migrantsThere’s been a lot of talk over the past couple of weeks about politicians needing to listen to the electorate. In reality, this has mostly meant that politicians need to listen to the concerns of white people – especially white working class males – as they were the ones who most voted for Donald Trump, and whom Bill Shorten and Malcolm T
  
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• CBI to make plea to Theresa May for a ‘smooth Brexit’

  20-11-2016 01:05 via theguardian.com
  
  Business leaders press for ‘lengthy transitional agreements’ with EUBritain’s biggest business organisation will make an urgent plea to Theresa May this week to come forward with clearer plans for Brexit to avoid further crippling uncertainty and serious damage to the economy.In a speech on Monday to its annual conference, the president of the Confederation of British Industry, Paul Drechsler, will insist that the UK must retain its “privileged” access to the EU sin
  
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• Williams and Foresight team up for tech firms investment

  20-11-2016 01:01 via feedproxy.google.com
  
  F1 RACING giant Williams and investment group Foresight aim to be first off the grid with a £20 million joint venture designed to fast track promising UK firms with a mix of technical and commercial support.
  
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• Thomas Cook expect drop in profits after terror attacks hurt business

  20-11-2016 01:01 via feedproxy.google.com
  
  THE BOSS of travel agent Thomas Cook is expected to tell the City this week that 2016 has been one of the toughest ever years for the industry.
  
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• This Black Friday plan ahead and avoid being lured into a shopping frenzy

  20-11-2016 01:01 via feedproxy.google.com
  
  BRACE yourselves, because next week sees the most over-hyped shopping day of the year, known as Black Friday.
  
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• Five minute guide to helping the young manage finances

  20-11-2016 01:01 via feedproxy.google.com
  
  THIS IS a tough time to be young, as rising house prices, student debt and stagnating wages make it ever harder to get on in life.
  
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• Firms eye post-Brexit innovation

  20-11-2016 01:01 via feedproxy.google.com
  
  Most firms plan to increase or at least maintain spending on innovation to boost business growth following the vote to leave the European Union, a survey shows.
  
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