Financial news

• Zainab Salbi on gender equality: ‘This is not the time to be polite. This is the time to call it’

  18-12-2016 10:58 via theguardian.com
  
  After Trump’s election, the Iraqi-American women’s rights campaigner says it’s time to stop trying to fit into a man’s worldGrowing up in Iraq’s inner circle in the 1990s, Zainab Salbi lived under the shadow of Saddam Hussein. Her parents socialised with the dictator and she called him uncle. A childhood in Iraq was, according to Salbi, “a context where beauty was dangerous”. Her mother taught her about feminism, and “at Saddam’s parties I wa
  
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• We’re £15,500 out of pocket after a Lloyds blunder over house sale

  18-12-2016 08:00 via theguardian.com
  
  The bank failed to hand over the mortgage redemption certificate, and the delays and cost kept on mountingWe bought a repossessed property and the completion date was agreed as Friday 28 October. After three removal vans were loaded with our possessions we discovered that Lloyds, the mortgage lender to the previous owner, had not provided the mortgage redemption statement to the creditor selling the house.We are a family of four, with four dogs and an elderly lady, and without warning we had to
  
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• Savers are slowly choking off the life of the world economy

  18-12-2016 08:00 via theguardian.com
  
  Long seen as a badge of prudence, much of our savings are, in truth, unpaid tax revenue secured in investments that government has no choice but to protectSaving is always said to be a good thing. Not a week passes without a central bank governor or finance minister telling us we don’t save enough.But they are talking about households and their spare cash. And cash accounts for only a small proportion of the savings held by most people. Continue reading...
  
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• More than £11bn for Sky? Now that really is a premium package

  18-12-2016 08:00 via theguardian.com
  
  On the surface, 21st Century Fox’s bid is another blockbuster Murdoch deal. But is satellite TV still worth the money Rupert is willing to pay?Of course Karen Bradley must – and surely will – trigger an Ofcom investigation into the family Murdoch’s bid to reclaim all of Sky. That’s what media ministers are for. Of course there’s a need to decide how many boardroom chairs James Murdoch can sit on. Of course Rupert loathers have another field day. And of course
  
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• Flushing out name of new FTSE 100 player

  18-12-2016 08:00 via theguardian.com
  
  ConvaTec, little-known supplier of ‘urological drainage products’, joins the big names in the latest reshuffleBuilding materials group CRH, support services firm DCC and healthcare business Mediclinic are all like a self-effacing investment banker. Even in the City, very few people have ever heard of any of them.That’s despite the trio of companies being among the largest in the land. All three are sizeable enough to be listed in the FTSE 100, with CRH the best known and worth
  
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• The Fox-Sky row isn’t going away, no matter how much ministers ignore it

  18-12-2016 07:59 via theguardian.com
  
  The merger has been greeted with silence by ministers who usually welcome foreign investment. That’s because Murdoch is as controversial as everHas anyone in Downing Street actually realised that Rupert Murdoch’s 21st Century Fox has lodged a bid for Sky? If you trawl through newspapers and the internet looking for comments from the government about the proposed £11.7bn deal, you will not find much.Matt Hancock, the junior culture minister, appeared in the Commons to answer an
  
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• Festive food shoppers brace for battle on ‘frenzied Friday’

  18-12-2016 01:04 via theguardian.com
  
  Supermarkets prepare for 10 million people to spend £894m in a day It is being dubbed “frenzied Friday” and is set to be the busiest food shopping day of the year in the UK, with an estimated 10 million people expected to hit supermarket aisles on 23 December. Continue reading...
  
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• Donald Trump faces Senate backlash over ‘cabinet of billionaires’

  18-12-2016 01:04 via theguardian.com
  
  President-elect vowed to ‘drain the swamp’ in Washington but critics say key roles for business elite is not the wayEarlier this month, Donald Trump used a “thank-you” rally in Des Moines, Iowa, to give his supporters further insight into the “deal-making” team he intends to build in Washington. As president-elect, Trump has so far nominated a number of billionaires, three Goldman Sachs bankers and the chief executive of the world’s largest oil firm to s
  
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• Supermarket price war: Which grocer will be merrily on high this Christmas?

  18-12-2016 01:01 via feedproxy.google.com
  
  THE big supermarkets used to wish for a Merry Christmas but festive fun will have to wait until the price war is over.
  
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• Glue-maker Sugru to expand after it seals bank deal for £4m

  18-12-2016 01:01 via feedproxy.google.com
  
  Mouldable glue-maker Sugru is to expand after sealing a £4million deal with Clydesdale and Yorkshire Banks.
  
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• Five-minute guide to the rising cost of care homes

  18-12-2016 01:01 via feedproxy.google.com
  
  SOCIAL care is a subject nobody likes to think about, until they or a cherished family member needs help in their final years.
  
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• Business news: Bitcoin, mining sector and Capita Group

  18-12-2016 01:01 via feedproxy.google.com
  
  VIRTUAL digital currency Bitcoin has trashed every traditional currency to be the best performer in 2016.
  
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• Bank of England could come under pressure after US rate rise

  18-12-2016 01:01 via feedproxy.google.com
  
  THE Bank of England could come under renewed pressure to hike interest rates early next year following last week’s US rate rise and shock UK inflation leap.
  
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• Murdoch’s Sky deal must be blocked, say senior opposition figures

  18-12-2016 00:05 via theguardian.com
  
  James Murdoch’s role in media empire means takeover should be halted, say Ed Miliband and Vince CableJames Murdoch’s continued role in his father’s media empire is sufficient reason for the proposed takeover of Sky by 21st Century Fox to be blocked, say Ed Miliband and Vince Cable. Related: No to the Sky deal. The Murdochs can’t be trusted | Ed Miliband and Vince CableContinue reading...
  
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