Financial news

• Lidl's pledge on veg gives Brussels sprouts farmer confidence to keep on growing

  21-12-2016 23:36 via feedproxy.google.com
  
  A BUMPER year for Brussels sprouts in his corner of Yorkshire and sales security are set to make it a happy Christmas for grower Simon Dobson.
  
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• Stop holding sleepovers in our stores, Ikea warns pranksters

  21-12-2016 21:16
  
  ‘We do not see what it is fun about it,’ says Swedish shop firm after at least 10 incidents this year in various countriesIkea has warned people not to try to sleep over in its stores when they close, saying they would be considered trespassers and would only end up getting into trouble with the law.On Wednesday, the Swedish firm’s spokeswoman Johanna Iritz said the firm takes the matter seriously, adding: “we can’t guarantee safety”. Continue reading...
  
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• Italy's political class should be very alarmed if MPS needs state bailout

  21-12-2016 20:38
  
  Government is planning a rescue package for bank, but lack of private capital shows investor confidence in Italy has crashedMonte dei Paschi di Siena’s attempt to float itself off the rocks with private capital appears doomed and a state-sponsored bailout looks inevitable. The Italian government on Wednesday granted itself the funds for a rescue package. The deed will probably be done by Christmas, with losses imposed on junior bondholders. It is tempting to think this outcome was inevitab
  
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• Wacthdog investigate £100m funfair operators over competition concerns

  21-12-2016 20:20 via feedproxy.google.com
  
  THE £100million funfairs market is being investigated amid concerns that thrill-seekers are being denied opportunities to be taken for a ride.
  
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• Easy driver: Kia's insight report forecasts a driverless future where cars do all the work

  21-12-2016 20:14 via feedproxy.google.com
  
  IMAGINE a world where there are few parking fines, minimal motor insurance, pot holes won't be a problem and the freedom of the open road is there for everyone, whatever their abilities.
  
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• UK's austerity welfare spending is closer to poorest nations of EU

  21-12-2016 18:54 via theguardian.com
  
  Britain was only rich EU country to cut welfare as a proportion of GDP over four years – but it does spend more on subsidising housing, says EurostatBritain’s version of austerity is more aligned to the poorest nations of the European Union, according to figures from Brussels which reveal the UK was the only rich EU country to cut welfare spending as a proportion of GDP between 2011 and 2014. Related: The Tories will reduce UK public spending to Estonian levelsContinue reading...
  
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• UK's Financial Conduct Authority: Mark Lyttleton Sentenced To 12 Months ... - Exchange News Direct

  21-12-2016 17:31
  UK's Financial Conduct Authority: Mark Lyttleton Sentenced To 12 Months ...
  Exchange News Direct
  In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts ...en meer »
  
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• UK government proposes financial sanctions for cyber security breaches - The Stack

  21-12-2016 17:28
  
  The Stack
  UK government proposes financial sanctions for cyber security breaches
  The Stack
  The UK government has released a comprehensive review of the country's cyber security including existing and proposed regulations and incentives. Among other conclusions, the report advocates the implementation of a General Data Protection Regulation ...en meer »
  
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• Britain's debt soars to £1.7TRILLION as borrowing jumps AGAIN

  21-12-2016 13:54 via feedproxy.google.com
  
  BRITAIN'S debt pile reached almost £1.7 TRILLION last month, as the Government continues to borrow billions each month to fund its spending, figures revealed today.
  
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• Thousands of retailers face financial collapse, experts warn - AOL UK

  21-12-2016 12:43
  
  AOL UK
  Thousands of retailers face financial collapse, experts warn
  AOL UK
  Thousands of retailers are at risk of collapse as a lethal cocktail of lacklustre Christmas trading, prolonged discounting, higher staff costs and the pound's weakness threaten to push firms to "breaking point". Research from insolvency specialist ...en meer »
  
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• Brexit economy: inflation surge shows impact of vote finally beginning to bite

  21-12-2016 12:36
  
  The latest monthly Guardian analysis finds the UK at a turning point as it heads into 2017• Help fund our journalism by becoming a Guardian supporterBritain’s vote to leave the EU is finally feeding through to the UK economy, according to a Guardian analysis that shows rising inflation is offsetting brisk trade for businesses.Buoyant consumer spending, a low unemployment rate, rising house prices and continued growth for the country’s dominant services sector point to a strong f
  
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• Planning to ditch the job and go it alone in 2017? Here's what you should consider

  21-12-2016 12:27 via theguardian.com
  
  You could earn more and work flexibly by becoming a consultant, but get your contacts, contracts and financial security in place first
  Tired of long hours at the office? Irritated by your colleagues? The end of the year is a time for reflection, and if you’re looking back on another 12 months of feeling fed up with your employer, you’re probably contemplating switching jobs. The worry, though, is that any change could simply involve a different desk but more of the same.Consultancy m
  
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• Italy bank crisis: Monte dei Paschi on course to run out of cash in just FOUR months

  21-12-2016 12:27 via feedproxy.google.com
  
  ITALY'S most distressed bank is on course for total collapse in just four months, as it burns through its cash reserves at a faster rate than previously thought.
  
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• UK Resumes Financial Aid Packages to Palestinian Authority - Breitbart News

  21-12-2016 12:15
  
  Breitbart News
  UK Resumes Financial Aid Packages to Palestinian Authority
  Breitbart News
  The Times reports: Britain has resumed a controversial £25 million-a-year aid programme to the Palestinian Authority (PA) after freezing payments amid fears that they were indirectly financing terrorism. Priti Patel, the international development ...en meer »
  
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• Survival of Africa's great apes requires palm industry support, says report

  21-12-2016 11:16
  
  Top scientists call for conservationists to work with companies to prevent a repeat of the south-east Asian destruction
  The plight of the orangutan and the south-east Asian forests it inhabits has kept the palm oil industry on the defensive for decades. As the industry now expands at breakneck pace into Africa, conservationists fear slaughtered gorillas, chimpanzees and bonobos could become its new symbol unless significant changes are made.This is the conclusion of a recent report produced by t
  
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• Be a better boss with these expert tips

  21-12-2016 09:11
  
  Motivating staff, managing wage increases and working with freelancers were some of the topics discussed in our live chatAs a small business owner, you must look after your profits and your staff – so how do you juggle the two? Managers (including those who run or work within a small business) put in an extra 29 days of work per year and have reported rising levels of stress, according to the Chartered Management Institute’s 2016 Quality of Working Life study. Continue reading...
  
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• GOLDMAN SACHS: We think Britain will lose passporting rights post-Brexit - Business Insider

  21-12-2016 08:04
  
  Business Insider
  GOLDMAN SACHS: We think Britain will lose passporting rights post-Brexit
  Business Insider
  The investment bank made the call in its latest "Top of Mind" note sent to clients on Monday, saying: "Ultimately, we expect the negotiations to result in a UK-EU FTA [free trade agreement] that applies to goods but not services, and a loss of the UK's ...en meer »
  
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• Goldman Sachs expects UK to lose financial passporting rights post ... - Business Insider

  21-12-2016 08:04
  
  Business Insider
  Goldman Sachs expects UK to lose financial passporting rights post ...
  Business Insider
  'Ultimately, we expect the negotiations to result in a UK-EU FTA that applies to goods but not services and a loss of the UK's rights to financial...en meer »
  
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• UK risks return to pay squeeze, says thinktank

  21-12-2016 08:01 via theguardian.com
  
  Resolution Foundation predicts rising prices and stalling of jobs growth will hit real earnings next yearThe UK faces the risk next year of a return to the squeeze in real pay suffered earlier in the decade as higher prices and a stalling of jobs growth puts living standards under pressure, a thinktank has warned.The Resolution Foundation – which concentrates on the living standards of those on low to middle incomes – said 2015-16 had been the fastest year of real wage growth since 2
  
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• Homes for Christmas walks – in pictures

  21-12-2016 08:00 via theguardian.com
  
  These properties, located from Pembrokeshire to Turkey, are well placed for burning off some of that festive feasting Continue reading...
  
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• Day pass that DW Fitness managed to turn into full membership

  21-12-2016 08:00 via theguardian.com
  
  It took my bank details from my previous membership and the money went from my accountLast February, I went to the Preston branch of DW Fitness on a day pass, with a view to renewing my previously ended membership. I filled out a membership form with the manager, leaving out my bank details. In the end, I decided that the gym had not improved since I was a member and, as a result, I wasn’t going to go back. I told them this on the phone.Continue reading...
  
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• UK house price growth will slow to 3% in 2017, say surveyors

  21-12-2016 07:30 via theguardian.com
  
  Royal Institution of Chartered Surveyors predicts growth to be about half that in 2016 – but demand will still outstrip supplyUK house price growth will slow in 2017 but the legacy of insufficient housebuilding will mean that demand will outstrip supply and lead to a 3% rise over the year, surveyors have predicted.Although the most bullish housing market forecast for the new year released so far, the Royal Institution of Chartered Surveyors said it expected growth to be about half that in
  
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• Trump’s potentially toxic effect on the solar industry

  21-12-2016 07:00
  
  The US solar industry is a bigger employer than oil and gas extraction, but it fears disruption under a Trump presidencyThe solar industry is wary. US president-elect Donald Trump has picked climate sceptics and oil industry executives for key positions in his administration, promising to scrap President Obama’s clean power plan and withdraw from the Paris climate agreement.
  Underlying these concerns is a gnawing fear that the rapid expansion of solar energy generation overseen by Obama co
  
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• MPs poised to investigate VAT fraud on Amazon and eBay

  21-12-2016 01:01
  
  Public accounts committee expected to examine overseas traders evading hundreds of millions in tax on online salesAn influential committee of MPs is poised to launch an investigation into Britain’s £1bn online shopping VAT fraud crisis after sellers on Amazon and eBay evaded hundreds of millions of pounds in tax in the run-up to Christmas.Conservative MP Richard Bacon, who sits on the public accounts committee, said: “I think this is absolutely an issue we need to look at. Cont
  
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• How to return unwanted Christmas presents

  21-12-2016 01:01 via feedproxy.google.com
  
  EVERYBODY knows that dreaded Christmas moment when you have just unwrapped something you have never wanted while pretending that you always have.
  
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• City news: Ryanair, Air Lingus, Barclays, RBS, Cath Kidston and QinetiQ

  21-12-2016 01:01 via feedproxy.google.com
  
  RYANAIR and Aer Lingus are facing a combined €16million tax bill after the European Court of Justice ruled that they had benefited from unlawful state aid.
  
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• RBS and Barclays among banks fined for rate rigging after four-year probe

  21-12-2016 01:00 via feedproxy.google.com
  
  LENDERS Royal Bank of Scotland and Barclays are among seven banks that have been hit with total fines of around 99 million Swiss francs for interest rate rigging after a four-year probe.
  
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