Financial news

• EU financial sanctions: the UK's new civil penalty regime - Out-Law.com

  01-02-2017 18:25
  EU financial sanctions: the UK's new civil penalty regime
  Out-Law.com
  ANALYSIS: Civil penalties for breaches of UK and EU financial sanctions are due to be introduced in April 2017. A consultation on the approach that the new Office of Financial Sanctions Implementation (OFSI) will adopt when imposing penalties has ...
  
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• Should travellers boycott the US over Trump's policies?

  01-02-2017 17:19
  
  Holidaymakers are already turning their backs on America – as travel organisations and tour operators condemn Trump’s ban. Are you reconsidering your travel plans? Share your thoughts in the commentsDuring President Trump’s first tumultuous days in office, the web-based flight booking service Cheapflights has seen UK-based searches for US flights drop by 25%, with much of that decline coming after the latest travel ban furore. According to some reports, travellers are cancellin
  
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• BREXIT BOOST: Think tank forced to upgrade economic forecast for SECOND time since EU exit

  01-02-2017 17:10 via feedproxy.google.com
  
  A PRESTIGIOUS think tank has been forced to revise its post-Brexit forecast for the second time in a matter of months after expecting slower growth for the British economy.
  
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• UK industry is on a roll – but inflation could send it on the slide | Larry Elliott

  01-02-2017 16:16 via theguardian.com
  
  The latest figures suggest a rosy outlook for manufacturing, but rising costs indicate there may be troubles aheadIt’s looking good for Britain’s long-suffering manufacturers. Order books are strong, the global economy is picking up and the weakness of the pound is making exports more competitive. Industry is on a roll.Well, maybe. Nobody likes to be a party pooper but we’ve been here before. Many times before, in fact. Over the past four decades there have been periods –
  
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• Struggling households urged to ACT NOW to beat April water bill RISES

  01-02-2017 15:25 via feedproxy.google.com
  
  LOW-INCOME households can take action now to beat an April rise in water bills by tapping into the financial support available from their water company.
  
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• UK financial watchdogs shake up enforcement system - Reuters

  01-02-2017 15:05
  
  Reuters
  UK financial watchdogs shake up enforcement system
  Reuters
  The logo of the new Financial Conduct Authority (FCA) is seen at the agency's headquarters in the Canary Wharf business district of London April 1, 2013. REUTERS/Chris Helgren. By Huw Jones | LONDON. LONDON Britain's financial regulators have ...
  UK's Financial Conduct Authority And Prudential Regulation Authority Publish ...Exchange News Directalle 8 nieuwsartikelen »
  
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• UK financial watchdogs shake up enforcement system - THE BUSINESS TIMES

  01-02-2017 14:51
  
  THE BUSINESS TIMES
  UK financial watchdogs shake up enforcement system
  THE BUSINESS TIMES
  Britain's financial regulators have changed how they pursue rule-breakers to speed up enforcement and make the process more flexible after criticisms over how it handled the collapse of lender HBOS nearly a decade ago. PHOTO: BLOOMBERG. [LONDON] ...
  UK's Financial Conduct Authority And Prudential Regulation Authority Publish ...Exchange News Directalle 8 nieuwsartikelen »
  
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• Ride With Local builds a new marketplace for actions sports and adventure tourism

  01-02-2017 14:31 via feedproxy.google.com
  
  ACTION sports fans and adventure tourists searching for top spots and instructors can now head to www.ridewithlocal.com, a new marketplace bringing them all together for the first time.
  
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• EU will lose out from bad Brexit deal on City, says leaked report

  01-02-2017 12:48 via theguardian.com
  
  Exclusive: European parliament committee’s warning will reassure UK ministers as they prepare for article 50 talksThe European commission’s Brexit negotiators must strike a “workable” deal with Theresa May’s government to protect the City of London or the economies of the remaining member states will be damaged, a leaked EU report warns.The document – which has been seen by the Guardian – describes it as critical for the economic health of the remaining
  
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• Halifax to cut switching bonus for current account customers to £75

  01-02-2017 10:40 via feedproxy.google.com
  
  HALIFAX is chopping its £100 switching bonus offer to current account customers to £75 in a further blow to people looking to move deals.
  
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• Eurozone factories post fastest growth in nearly six years - business live

  01-02-2017 10:11 via theguardian.com
  
  All the day’s economic and financial news, including new factory reports from Asia, Europe and the USLatest: Eurozone factory growth hits 69-month highGermany and France post growth
  Russian factory growth hits 70-month highJapan and China post solid factory dataIntroduction: Manufacturing data, currency rows, Greek deadlock 9.07am GMTBoom! Eurozone factories have posted their best month in almost six years, thanks to the strong growth in Austria, Germany and the Netherlands.Markit’s
  
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• UK house price growth has hit 14-month low, says Nationwide

  01-02-2017 10:06 via theguardian.com
  
  Building society says there are early signs housing market will soften in 2017 as inflation squeezes householdsUK house prices grew at the weakest annual rate in more than a year in January, in an early sign of the property market slowdown predicted for 2017. Annual growth edged down from 4.5% in December to 4.3%, according to the mortgage lender Nationwide. It was the weakest since November 2015. On a monthly basis, the average price of a UK home edged up 0.2%, to £205, 240, following a 0
  
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• I'm a male care worker and I can't imagine wanting to do anything else

  01-02-2017 09:51
  
  I fell into the job by chance, but don’t regret it. We must teach men about the rewards of the role to tackle the recruitment crisis in care
  I’m a male care worker and, I’ll be honest, it wasn’t a deliberate choice. I’d worked in local government for more than 20 years but came to a crossroads of sorts when my mother died, my partner left and I lost the house we’d been sharing. I fell into a career in older people’s care and don’t regret it one iot
  
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• Record breaker! Apple sells 78.3 MILLION iPhones in last quarter of 2016 more than ever

  01-02-2017 08:50 via feedproxy.google.com
  
  APPLE sold more iPhones in the last three months of 2016 than ever before, the company said in its latest financial results.
  
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• TalkTalk chief executive Dido Harding to step down

  01-02-2017 08:40 via theguardian.com
  
  Broadband provider’s boss was paid £2.81m in 2015 despite cyber-attack that cost company £60mDido Harding, the chief executive of TalkTalk, is to stand down 18 months after the company was hit by a cyber-attack affecting tens of thousands of customers.Harding, who said she wanted to focus on “more activities in public service”, will leave the company in May.Continue reading...
  
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• How to build your business reputation – advice from the experts

  01-02-2017 08:30 via theguardian.com
  
  Responding to negative customer feedback and winning press coverage were among the points for discussion in our live Q&AWhat makes a brand attractive to customers? And how can small businesses grow their public profile? From offering excellent customer service to choosing a memorable name for your company, our experts gave a range of valuable advice on boosting your business reputation in our recent live Q&A. One of the first questions came from reader Sonia Trehan. She asked: “Wha
  
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• Brum rush: Birmingham becomes tourist hotspot

  01-02-2017 08:05 via theguardian.com
  
  City’s hotels enjoy most successful year to date as visitors are drawn by revamped Bullring, culture and sportIt has been written off in the past as London’s ugly sister, but hotels in Birmingham are reporting record bookings thanks to the city’s A-list shopping scene, Michelin-starred restaurants and eclectic social calendar.Twenty years ago people might have listed the reasons not to go to the second city, starting with the city centre where pedestrians were faced with a conc
  
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• Why has it taken British Gas a year to sort out my electricity account?

  01-02-2017 08:00 via theguardian.com
  
  I can’t let out my premises until this happensI have been waiting for more than a year to take over an electricity account with British Gas on a small commercial premises.Thirteen months after the previous tenant left, I am still without an electricity supply – and cannot rent it out until I have one.Continue reading...
  
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• Homes for around £500,000 – in pictures

  01-02-2017 08:00 via theguardian.com
  
  Half-a-mil buys you all sorts these days, from pokey basement to French estate Continue reading...
  
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• Japan rejects Trump accusation of devaluing yen in currency war

  01-02-2017 07:48 via theguardian.com
  
  The US president, who said countries ‘play the market while we sit like a bunch of dummies’, signals possible retreat from strong dollar policyJapan has rejected Donald Trump’s claims that Tokyo was deliberately weakening the yen to gain an unfair trade advantage over the US.
  Trump told a meeting of pharmaceutical companies on Tuesday that Japan, along with China and Germany, were guilty of “global freeloading” for using regulation and currency devaluation in their
  
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• UK growth forecast upgraded amid warning over inflation

  01-02-2017 07:30 via theguardian.com
  
  Leading economic thinktank the NIESR expects 1.7% growth this year but says Brexit will hit trade in the long termThe surprising resilience of consumer spending in the months since the Brexit vote has forced one of the UK’s leading economic thinktanks to revise up its growth forecasts for the second time since the referendum.In its quarterly health check of the economy, the National Institute for Economic and Social Research (NIESR) said it now expected growth of 1.7% this year – onl
  
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• Trading in trash: Nairobi's e-waste entrepreneurs – in pictures

  01-02-2017 06:00 via theguardian.com
  
  From small-scale traders to a company processing hundreds of tonnes of e-waste, we explore Nairobi’s relationship with a burgeoning waste stream and visit the people turning it into a resource Continue reading...
  
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• Deutsche Bank pulls out of coal projects to meet Paris climate pledge

  01-02-2017 04:41 via theguardian.com
  
  The biggest bank in Germany says all new investment will stop and existing exposure will be gradually reduced Deutsche Bank, the biggest bank in Germany, has said it will stop financing coal projects as part of its commitments under the Paris agreement to tackle global warming.
  “Deutsche Bank and its subsidiaries will not grant new financing for greenfield thermal coal mining and new coal-fired power plant construction,” it said in a statement. Continue reading...
  
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• Overhaul of UK train ticket pricing to be trialled in May

  01-02-2017 01:05 via theguardian.com
  
  Scheme aimed at making cheapest tickets easier to buy will wipe out overpriced routes and flag up if two singles are cheaper than returnAn overhaul of Britain’s rail fares is to be trialled to make it easier to buy the cheapest tickets and eliminate overpriced routes.Some fares for long, connecting journeys will be removed from the system as cheaper alternatives exist, in a bid to negate the need for split ticketing to save money. Continue reading...
  
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• Shell sell-off heralds 'generational change' in North Sea dawn

  01-02-2017 01:01 via feedproxy.google.com
  
  A “GENERATIONAL change” in North Sea oil and gas production was signalled yesterday after Shell sold a large chunk to private equity-backed exploration group Chrysaor in a £3billion deal.
  
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• New type of life insurance: Why it pays to be healthy

  01-02-2017 01:01 via feedproxy.google.com
  
  A RADICAL new type of life insurance is offering hefty discounts to customers who take action to monitor and improve their health.
  
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• Cuts to heap for suffering bereaved families

  01-02-2017 01:01 via feedproxy.google.com
  
  A SHAKE-UP of state bereavement benefits will hit relatives of the deceased by giving many less support.
  
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• City news: Carpetright, OCADO and Deutsche Bank

  01-02-2017 01:01 via feedproxy.google.com
  
  CARPETRIGHT rolled out higher sales over the past three months as it reaped the benefits of modernising dozens of UK stores.
  
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• Google pips Apple to top spot of world's 'most valuable' brands

  01-02-2017 01:00 via feedproxy.google.com
  
  GOOGLE has taken over from Apple as the world's most valuable brand in an annual ranking amid signs the technology giant has "reached saturation point".
  
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• UK faces return to inequality of Thatcher years, says report

  01-02-2017 00:26 via theguardian.com
  
  Resolution Foundation says inflation, welfare cuts and squeeze on pay will punish least well-off hardestPressure on the government to help struggling Britons has intensified after a leading thinktank warned that falling living standards for the poor threatened the biggest rise in inequality since Margaret Thatcher was prime minister.The Resolution Foundation said Theresa May would need to make good on her pledge to support “just about managing” households as it released a report show
  
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