Financial news

• Majority of employers planning to take on more staff, says recruiter

  12-12-2016 20:18 via theguardian.com
  
  ManpowerGroup says survey of employers finds fewer Brexit concerns and positive outlook for 2017Most employers expect to boost job numbers in the new year as the post-referendum panic fades.ManpowerGroup, the recruitment agency, said its quarterly survey of employers found they have shrugged off concerns about the impact of Brexit to report an improved outlook for the first three months of 2017. Continue reading...
  
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• Post Office workers to stage five days of strikes next week

  12-12-2016 20:09 via theguardian.com
  
  Industrial action, which will include strike on Christmas Eve, is over job losses, pension changes and franchising of crown post officesPost Office workers are to stage five days of strikes in the run-up to Christmas, the Communications Workers Union has announced, raising the prospect of disruption for people looking to send gifts and cards.The union said a long-running dispute over jobs, pensions and branch closures was behind the walkout, which will include Christmas Eve. The strike, which is
  
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• Spanish stock market regulator to lure UK-based financial firms ... - Reuters

  12-12-2016 20:01
  
  Spanish stock market regulator to lure UK-based financial firms ...
  Reuters
  Spain's stock market regulatorlaid out on Monday its plan to lure Britain-based financialfirms looking to move their business abroad as a result ofBritain's vote to ...en meer »
  
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• FCA to review 'close relationships' in mortgage market

  12-12-2016 16:30 via theguardian.com
  
  Sweeping study will look at ties between lenders, brokers, estate agents and price comparison websites to see if consumers are getting the best dealsBritain’s financial watchdog has launched a review of the mortgage market that will probe the “inducements” routinely paid to brokers and other industry players, to see whether consumers are losing out as a result.
  The Financial Conduct Authority (FCA) market study will look at whether competition in the mortgage sector can be impr
  
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• Auto-enrolment: self-employed and low-paid could benefit

  12-12-2016 14:14 via theguardian.com
  
  Those who work for themselves and those with multiple jobs each paying below the £10,000 are currently losing outThe government is set to look at how to increase pensions saving for the self-employed and those with multiple jobs, as part of a review of its flagship auto-enrolment scheme.Employees are now enrolled into pensions with their employer once they earn more than £10,000 a year, and unless they opt out they benefit from additional contributions to their pension. Continue read
  
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• UK Financial Conduct Authority to Impose Remedies in Asset ... - The National Law Review

  12-12-2016 13:41
  
  UK Financial Conduct Authority to Impose Remedies in Asset ...
  The National Law Review
  UK's Financial Conduct Authority published interim findings from year long study of asset management sector, concluding price competition is weak in several ...en meer »
  
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• Islamic terror threat and political change pose new 'COLD WAR-ESQUE fears for business'

  12-12-2016 13:24 via feedproxy.google.com
  
  THE election of Donald Trump, fears of a new wave of Islamic terror attacks and Britain’s vote to leave the European Union will result in levels of business uncertainty not seen since the end of the Cold War, says a new report.
  
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• Bumper business Christmas quiz 2016

  12-12-2016 13:22 via theguardian.com
  
  Brexit, Sports Direct, Sir Philip Green’s yacht … and £5 notes – how well can you remember the key events of 2016?For your overall score, please complete all the questionsWhich substance, to the embarrassment of the Bank of England, was found in the new plastic £5 note? CocaineTallowBonesWhich of the following will NOT be demolished by Heathrow’s third runway, as approved in October?About 900 homes The Norman church in the neighbouring village of Harmondswort
  
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• UK financial watchdog opens mortgage market competition review - Reuters

  12-12-2016 11:19
  
  UK financial watchdog opens mortgage market competition review
  Reuters
  LONDON Dec 12 Britain's financial watchdog has launched a full review of the country's 1.3 trillion pound ($1.64 trillion) mortgage market to see if customers could get better deals and whether links between industry players harm choice. The Financial ...en meer »
  
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• Dreaming of a frugal Christmas? Meet the people who’ve stopped shopping

  12-12-2016 10:52 via theguardian.com
  
  There is a growing ‘minimalism movement’ that puts less emphasis on buying things, and more on people, places and happinessGeoffrey Szuszkiewicz told his family he didn’t want anything for Christmas. But when he opened his stocking to find a roll of duct tape, some cling film and tin foil, he relented. “I was ecstatic. I could use everything,” he saysThe 33-year-old dancer from Canada was in the middle of a “buy nothing” year when he opened his present,
  
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• Spread the word: rising business costs are manageable

  12-12-2016 09:00 via theguardian.com
  
  Entrepreneurs are taking another look at their business operations to deal with higher wage bills, workplace pensions and the falling poundWhen “Marmitegate” broke in November, many small business owners may have felt the issues of a weakening pound had been a little over simplified. However, it was representative of what has been a tough year for British businesses trying to deal with rising costs in the midst of a dip in consumer confidence following the Brexit vote.Not only have i
  
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• Venting our anger on Yodel’s approach to parcel delivery

  12-12-2016 08:00 via theguardian.com
  
  It couldn’t find the letter box and it was impossible to speak to someone on the phone to explain the problemCan you help with a long-running saga I’ve been having with parcel delivery company Yodel? The problem started because our letterbox is in our back door. Royal Mail and some couriers know this, but unfortunately Yodel could only be bothered stuffing its card in a cellar vent under our front door. It stuck two cards in before we even realised they were there. I rearranged the d
  
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• Someone I recruited has been promoted above me – what should I do?

  12-12-2016 08:00 via theguardian.com
  
  I am more experienced and generate twice as much income for our law firm, so I can either complain or swallow my pride and carry on
  Twice 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.I am a salaried solicitor in my late 40s employed at a medium-sized firm. I was recruited to build and run a de
  
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• Discover in one click: the UK's second biggest foreign direct investment area ... - City A.M.

  12-12-2016 07:07
  
  City A.M.
  Discover in one click: the UK's second biggest foreign direct investment area ...
  City A.M.
  As SDI's head of Financial and Business Services, I lead a team that specialises [..] Show more. Discover in one click: the UK's second biggest foreign investment area next to London. Sharon Hamilton. As the UK's second largest financial sector ...
  
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• Rise in financial sector job vacancies despite Brexit fears ... - Belfast Telegraph

  12-12-2016 01:12
  
  Belfast Telegraph
  Rise in financial sector job vacancies despite Brexit fears ...
  Belfast Telegraph
  London's powerhouse financial sector has recorded its first annual rise in job vacancies since the Brexit vote, according to a report.en meer »
  
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• House prices to rise 2% in 2017, says Rightmove

  12-12-2016 01:01 via theguardian.com
  
  Online property portal says high demand will continue to lift prices outside inner London where prices will fall 5%Asking prices for properties in the UK will rise by 2% in 2017, although sellers in inner London will be asking less as the bubble “continues to deflate”, property website Rightmove has predicted.Sellers entering the market over the past month have priced properties 2.1% lower than those putting homes up for sale the previous month, at an average of £299,159, but R
  
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• Ofgem partner: energy users may pay across reliability tiers in future

  12-12-2016 00:40 via theguardian.com
  
  Communities may be split between those who can pay for ‘higher level’ of energy reliability and those living ‘in the dark’Britain is facing the prospect of an energy supply crisis which will see customers having to pay for a higher level of reliability, it has been reported. Continue reading...
  
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