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• UK Financial Conduct Authority Warns Over Fake Emails - Finance Magnates

  05-01-2017 23:53
  
  Finance Magnates
  UK Financial Conduct Authority Warns Over Fake Emails
  Finance Magnates
  In a notification on its website, the FCA recommends that recipients should delete the scam emails without opening. Aziz Abdel-Qader | Regulation (Retail FX) | Friday, 06/01/2017|00:50 GMT. 0; 1; 0. UK Financial Conduct Authority Warns Over Fake Emails.en meer »
  
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• UK Financial Conduct Authority Warns Over Fake Emails | Finance ... - Finance Magnates

  05-01-2017 23:53
  
  Finance Magnates
  UK Financial Conduct Authority Warns Over Fake Emails | Finance ...
  Finance Magnates
  In a notification on its website, the FCA recommends that recipients should delete the scam emails without opening. Aziz Abdel-Qader | Regulation (Retail FX) ...en meer »
  
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• Snapchat accused of lying about user numbers to inflate value of IPO

  05-01-2017 22:01
  
  Former employee filed lawsuit saying tech company misrepresented internal numbers about users and growth ahead of possible $25bn initial public offeringA former Snapchat employee has accused the tech company of lying about its user numbers to deceive investors ahead of a possible $25bn initial public offering and has filed a lawsuit alleging wrongful termination over his refusal to cooperate.Anthony Pompliano filed a lawsuit against the social media company on Wednesday in Los Angeles. In the su
  
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• Chief economist of Bank of England admits errors in Brexit forecasting

  05-01-2017 21:52
  
  Andrew Haldane says his profession must adapt to regain the trust of the public, claiming narrow models ignored ‘irrational behaviour’ The Bank of England’s chief economist has admitted his profession is in crisis having failed to foresee the 2008 financial crash and having misjudged the impact of the Brexit vote.Andrew Haldane, said it was “a fair cop” referring to a series of forecasting errors before and after the financial crash which had brought the profession&
  
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• Sports Direct chairman should keep his pledge and save some dignity

  05-01-2017 20:44
  
  Keith Hellawell has been rejected by independent shareholders again. The only honourable course is to stick to his vow and quit when voted down a third timeRemember Keith Hellawell’s solemn vow, delivered to TV cameras only last September, that he would stand down if outside shareholders didn’t back him in a year’s time? He spoke more in sorrow than in anger, having seen a 53% vote against his re-election, which was repeated in Thursday’s non-binding poll. He understood i
  
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• Customer from hell? Share your stories of rude shoppers or shop owners

  05-01-2017 18:48
  
  Whether you have to deal with difficult patrons, or have experienced terrible service, we want to hear about itA Yorkshire bookshop owner has made national headlines for calling a customer a “pain in the arse” after they failed to pay the 50p fee he charges anyone who enters his shop. Steve Bloom, owner of the secondhand bookshop Bloomindales in the Yorkshire Dales, (who says he regrets the comment) has received 20 complaints about his rudeness and has been called “the booksell
  
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• The Sun losses exceed £60m as ad slump and hacking charges take toll

  05-01-2017 14:06
  
  Total revenues fell from £456m to £446m after price increase failed to offset decline in print advertising and rising legal costsThe Sun made a loss of more than £60m last year as steep declines in print advertising, redundancy costs and phone-hacking charges battered the tabloid.Its stablemate the Times also slipped into the red, reporting a pretax loss of £5m in the year to 3 July, down from a profit of £8.8m in 2015, in part due to racking up £13.7m in redu
  
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• Sports Direct chairman rejected by shareholders for second time

  05-01-2017 14:06
  
  Majority of independent investors vote against Keith Hellawell’s re-election to board but Mike Ashley’s majority stake means he will stay in roleKeith Hellawell, the embattled chairman of Sports Direct, has been rejected by independent shareholders for the second time in four months, as outside investors repeated calls for the former police chief constable to be ousted from the sportswear retailer’s board.
  In a second poll, forced by independent investors under new City rules,
  
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• Inheritance tax is toxic. We need new ways to tackle inequality | Polly Toynbee

  05-01-2017 13:40 via theguardian.com
  
  A new report confirms that inherited wealth increasingly benefits only Britain’s richest. Theresa May’s talk of social mobility will ring hollow until this is fixedTo those that hath, even more shall be given. That depressing biblical message is confirmed by the Institute for Fiscal Studies in today’s report on inheritance. More people stand to inherit than before, but the great majority of the wealth will go to the already wealthy. Related: The path to home ownership should no
  
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• Strong services survey points to robust GDP growth at year-end – business live

  05-01-2017 13:34
  
  UK services and all-sector PMIs hit 17-month highs, pointing to 0.5% GDP growth in the fourth quarter
  FTSE 100 index hits new record peak12.34pm GMTMike Ashley said:Keith has my full backing and will be continuing in his role on the basis that he has the unanimous support of the board. I note that many of those who voted against Keith have acknowledged that we have made positive progress since the AGM. 12.27pm GMTNews just in from the Sports Direct shareholder meeting at its Shirebrook headquart
  
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• Why has the UK economy defied predictions of doom?

  05-01-2017 13:09
  
  There was talk of a Brexit vote plunging the UK straight into recession, but the economic news is upbeatFirst it was manufacturing. Then it was construction. Now the hat-trick of upbeat economic news has been completed by the strongest performance by the services sector in 17 months.It goes without saying that this is not what the Treasury or the Bank of England expected at the time of the EU referendum last June. At the time, there was talk of the economy plunging straight into recession. Conti
  
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• Railroaded commuters let rip, plus an electricity tariff priced on time of day

  05-01-2017 12:45
  
  Also, richest young people in UK likely to inherit most wealth, Argos caught napping and miniature homes for sale Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed. Continue reading...
  
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• Top London property prices 'pushed down by taxes and Brexit vote'

  05-01-2017 12:24
  
  Savills says high-end sellers in capital have adjusted prices – but Persimmon reports healthy demand for less expensive homesHigher taxes and jitters over the EU referendum pushed down high-end London property prices last year as sellers accepted more “realistic” offers, according to upmarket estate agent Savills.But while owners of multimillion-pound London homes were forced to rein in their expectations, housebuilder Persimmon reported rising revenues from sales of less expen
  
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• Ascential to sell Drapers and Nursing Times as it ditches 'heritage' brands

  05-01-2017 12:09
  
  Publisher once known as Emap will have just one print asset, Retail Week, after it offloads 13 titles to focus on big brandsAscential, the events and publishing business once known as Emap, is to sell more than a dozen “heritage” titles including the fashion bible Drapers, Architects’ Journal and Nursing Times.The sell-off will leave Ascential with just one print title, Retail Week, which it is keeping due to its strategic fit with the digital brands Planet Retail and One Click
  
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• Cuadrilla starts work on Lancashire fracking site

  05-01-2017 12:06
  
  Energy firm says it is building access road at site in Fylde after receiving government green light last yearEnergy company Cuadrilla has started work on a controversial shale gas site in Lancashire that will later this year become the first well to be fracked in the UK since 2011.The site at Preston New Road in the Fylde is one of two that Lancashire county council rejected but whose decision was overturned last year by the communities secretary, Sajid Javid.Continue reading...
  
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• UK services sector grows at fastest pace for more than a year

  05-01-2017 11:56
  
  Survey finds new business and job creation picked up in December, but companies raised prices at fastest rate for five years Britain’s services sector grew at the fastest pace for 17 months in December, according to a survey that has raised hopes for a strong end to 2016 for the economy.There was also a pick-up in new business and job creation, according to the poll of firms from the UK’s biggest sector, which includes banks, hotels and transport. But news that companies increased th
  
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• Japanese company replaces office workers with artificial intelligence

  05-01-2017 10:57
  
  Insurance firm Fukoku Mutual Life Insurance is making 34 employees redundant and replacing them with IBM’s Watson Explorer AIA future in which human workers are replaced by machines is about to become a reality at an insurance firm in Japan, where more than 30 employees are being laid off and replaced with an artificial intelligence system that can calculate payouts to policyholders.Fukoku Mutual Life Insurance believes it will increase productivity by 30% and see a return on its investmen
  
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• Green Investment Bank sale is 'deeply troubling', say Scottish ministers

  05-01-2017 10:57
  
  Climate minister Nick Hurd told bank’s portfolio will be broken up and asset-stripped by Australia’s MacquarieThe prospect of the UK Green Investment Bank being stripped of its assets in a sale to Australian investment bank Macquarie is “deeply troubling”, Scottish ministers have told Westminster.The sale of the Edinburgh-based bank, which supports offshore windfarms and other green projects, is expected to be agreed in January. But the Labour party, Liberal Democrats, Gr
  
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• Aldi to become highest-paying supermarket in UK

  05-01-2017 10:57
  
  Employees at fast-growing supermarket chain will earn £8.53 per hour and £9.75 if they live in LondonAldi is to give more than 3,000 staff a pay rise in an effort to leapfrog fellow German discounter Lidl to become the highest-paying supermarket in the UK.Employees at the fast-growing supermarket chain will earn £8.53 per hour and £9.75 if they live in London, starting from 1 February. Continue reading...
  
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• China hits back at 'extreme' tariffs from rival economies

  05-01-2017 09:33
  
  Rise in EU steel tariffs among measures cited by ministry of commerce, amid fears that Donald Trump could hit Chinese goods with tariffs of up to 45%China has criticised “extreme” tariffs on its exports amid concerns in Beijing that Donald Trump will embark on a policy of protectionism as US president.Trump has pledged to hit Chinese goods with tariffs of up to 45% and said cheap imports are “killing” US manufacturers. Continue reading...
  
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• China to invest £292bn in renewable power by 2020

  05-01-2017 09:27
  
  World’s largest energy market looks to move from coal towards cleaner fuelsChina will plough 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, as the world’s largest energy market continues to shift away from dirty coal power towards cleaner fuels.The investment will create more than 13m jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop the nation’s e
  
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• Women don’t need ‘period leave’, we need a pay gap day instead | Abi Wilkinson

  05-01-2017 09:00 via theguardian.com
  
  Gender inequality in the workplace won’t be achieved by focusing on menstruation. How about looking at the routine unpaid labour that women do?For anyone who has suffered with headaches, cramps and other menstruation-related symptoms, the Zambian custom of “Mother’s Day” has a certain obvious appeal. Originally observed informally, the entitlement was eventually coded into the country’s labour law. All women have a legal right to a day off from work each month, to b
  
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• How small business owners fell out of love with deal websites

  05-01-2017 08:30
  
  The sector was worth £6bn in 2011 but has taken a downturn in recent years. Entrepreneurs looking elsewhere to find loyal customers Business was good for three years for Rosa Roberts and her company, Sketchout. She’d found a marketing channel that drove hordes of new customers to her drawing workshops, held in world-renowned museums such as the Victoria and Albert, and the Tate Modern. “We sold out of the first batch of vouchers on Groupon after 12 hours and I remember lying on
  
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• Should we buy a property in an area of coalmining subsidence?

  05-01-2017 08:00
  
  We are awaiting a full mining report and have had a structural survey, but know we risk insurance being far higherQ We are in the process of purchasing a property and have a report that states our property is within 50 metres of coalmining subsidence claims. We’ve had a full structural survey done, which says there is no evidence of current subsidence, but are awaiting a full mining report for the area. We want to know if this will affect the value of our future home. Also, if we go ahead
  
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• How can we reverse the UK's falling recycling rates? Send in your questions for our live Q&A

  05-01-2017 08:00
  
  Join us on this page on Thursday 19 January, 1-2pm (GMT), to debate how businesses and consumers can help boost recycling 3.53pm GMTRecycling rates in the UK have been stalling over the past five years. Government figures published in December show that the recycling rate in England actually fell from 44.8% in 2014 to 43.9% in 2015.This debate will explore potential solutions: how can producers and consumers be incentivised to recycle more? Would a tax on the manufacturers of packaging, for exam
  
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• Having a period is unaffordable in Kenya, yet no one wants to talk about it

  05-01-2017 08:00
  
  ZanaAfrica is fighting to get menstruation on the national curriculum as it’s revealed two thirds of Kenyan women and girls cannot afford sanitary padsWhen Michelle Tatu got her first period, she was afraid she was dying. Terrified, she stuffed bits of cloth and cotton inside herself to try and stem the bleeding.Too frightened to tell her parents what was happening, she kept quiet. She spent her school day terrified blood would leak out, exposing her to ridicule from her classmates. Contin
  
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• Ebay Australia won’t help as a member sends rape threats and obscenities

  05-01-2017 08:00
  
  The member has never bought anything from me and the abusive messages just came out of nowhereI am receiving violent and abusive emails from an eBay member here in Australia, but eBay shows no interest in helping me. This person has not bought an item from me – the emails started coming from nowhere to all three of my eBay accounts. I have sent 10 emails to eBay support about the user, but all it has done is restrict the number of messages that can be sent each day to three to each account
  
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• UK economy ends 2016 on high – but rising import prices starting to bite

  05-01-2017 01:01
  
  British businesses helped by fall in sterling, finds BCC survey, but inflation fears and Brexit uncertainty expected to slow growth this yearThe fall in sterling following the Brexit vote helped British business shake off a period of uncertainty to end 2016 on a high note as companies reported increases in export sales and orders. But the quarterly health check by the British Chambers of Commerce (BCC) found that business activity in the last three months of the year failed to rebound to histori
  
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• Richest young people in UK also likely to inherit most wealth, study finds

  05-01-2017 01:01
  
  More people are likely to leave inheritance thanks to rising house prices, but most will go to those already well off, says thinktankBritain’s wealth gap will be passed down the generations as well-off older people bequeath property to their already thriving offspring, according to new research from one of the UK’s leading thinktanks.The Institute for Fiscal Studies (IFS) found that today’s young people were likely to inherit more wealth than their predecessors but the benefits
  
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• Government offers £7bn affordable homes fund to housing providers

  05-01-2017 01:01
  
  Scheme described as ‘dramatic expansion’ of housing programme in England but sum is compiled from previous announcementsHousing providers can apply for a share of a £7bn fund to increase the supply of affordable homes, the government has announced.As of 5 January, housing associations, local authorities and private developers in England are able to bid for funding to build thousands of shared ownership, rent-to-buy and affordable rented homes in what the Department for Communit
  
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• Government names new chief to lead crackdown on worker exploitation

  05-01-2017 01:01
  
  Prof Sir David Metcalf, founder of Low Pay Commission, to steer coalition of agencies tasked with protecting employees’ rightsThe government has moved to crack down on unscrupulous employers by appointing a new boss to lead the collection of government bodies tasked with stamping out exploitation in the workplace.Prof Sir David Metcalf, a founding member of the Low Pay Commission and former chairman of the Migration Advisory Committee, was named on Thursday as the first director of Labour
  
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• Film and TV ​streaming and downloads overtake DVD sales for first time

  05-01-2017 01:01
  
  Appetite for services from Netflix and Amazon helps total digital video revenue surge almost 23% to £1.3bn in UK last yearBritain’s growing appetite for services such as Netflix and Amazon has helped push streaming and downloads of films and TV shows ahead of sales of DVDs and Blu-ray discs for the first time.The rise in popularity of paying for TV content helped power total UK revenue from music, TV shows, films and video games to a record £6.3bn last year.Continue reading...
  
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• British car industry body warns of sales downturn as uncertainty kicks in

  05-01-2017 01:01
  
  Hopes that Brexit vote would prompt patriotic desire to buy British cars appear to have been dashed, SMMT chief saysThe British car industry has warned of a sales downturn this year as the economic uncertainty that followed the Brexit vote kicks in.A fifth consecutive year of growth saw nearly 2.7m new car registrations in the UK last year, a rise of 2.2% on 2015. But the Society of Motor Manufacturers and Traders said it expected growth to reverse, with a sales decline of 5-6%, as the cost of n
  
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• Getting paid less than a man in the same job? – share your story

  05-01-2017 00:06
  
  Tell us about your experiences of unequal payWhy 2017 won’t be the year women get paid the same as menUnequal pay is one of the main reasons women suffer significantly more work-related stress than men, according to Dr Judith Mohring, a leading psychiatrist who treats female professionals.With the World Economic Forum predicting last year that it could take 170 years to eradicate the gender pay gap – up from 118 years in 2015 – we want to hear your stories of unequal pay.Contin
  
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