Financial news

• Financial Fraud Costing UK £2 Million A Day - Information Security ... - ISBuzz News

  18-03-2017 18:58
  
  ISBuzz News
  Financial Fraud Costing UK £2 Million A Day - Information Security ...
  ISBuzz News
  Following a new report , released from Financial Fraud UK, the overall scale of financial fraud in 2016 was £768.8million, up from the £755million lost in 2015.en meer »
  
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• Grayling hopes Brexit brings new apprenticeships in train

  18-03-2017 17:00 via theguardian.com
  
  Still haunted by the Bombardier debacle in Derby, the Department for Transport seems eager to build rail skills at homeThe Bombardier train factory teetered on the brink of closure in 2011, when it lost a key contract for British carriages to Germany. The Derby site survived, but the debate over protecting high-value domestic jobs from foreign competition rumbles on, especially with Brexit on the way.Memories of the Bombardier furore are still fresh at the Department for Transport, it seems, bec
  
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• Rising prices set to push inflation over 2% Bank of England target

  18-03-2017 16:59 via theguardian.com
  
  Figures next week will show the pummelled pound’s effect on prices, but don’t expect an interest rate hike just yetRising food and fuel costs are expected to have pushed inflation to its highest level in more than three years when official figures are released on Tuesday, underscoring the impact of the Brexit-battered pound on prices in the shops.Economists predict that the data will show inflation, on the consumer prices index (CPI) measure, hitting 2.1% for February, up from 1.8% i
  
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• Aberdeen wrestles with hard choices as independence looms again

  18-03-2017 16:59 via theguardian.com
  
  Hit hard by falling oil prices and job losses, the Scottish ‘energy capital of Europe’ is facing a complex decision at a time of uncertaintyEurope’s busiest heliport, which ferries offshore oil workers between north-east Scotland and North Sea rigs, is normally one of the most active parts of Aberdeen. But the oil industry’s two-year slump and thousands of job losses mean some residents say the food banks are the now the busiest place in the “energy capital of Europ
  
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• Pound to SOAR against euro and US dollar as GBP makes gains after UK inflation data 

  18-03-2017 16:14 via feedproxy.google.com
  
  THE pound has rallied against the euro and US dollar this week, and the currency could extend gains next week. 
  
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• BA owner to launch new budget airline with flights to US

  18-03-2017 13:39 via feedproxy.google.com
  
  THE owner of British Airways is set to escalate a transatlantic air fares war by launching a long-haul budget airline.
  
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• REVEALED: The trick to pay LESS for your mortgage each month

  18-03-2017 10:01 via feedproxy.google.com
  
  QUIRKS in the mortgage market mean home borrowers could actually pay less for repayments by opting for deals that requires smaller deposits, analysis has revealed.
  
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• Letter to my younger self: what would you do if you couldn't fail?

  18-03-2017 10:00 via theguardian.com
  
  James Eder was still at university when he launched Student Beans. Ten years later, he makes the difficult decision to move on and launch a new ventureDear James,As you stand on the brink of graduation, I know you are apprehensive about the challenges ahead. But contrary to the advice of everyone around you – to get a job and gain some experience first – you already know you want to start your own business. You’re not interested in being a small cog in a big wheel. You want to
  
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• Put us on the map, please: China's smaller cities go wild for starchitecture

  18-03-2017 09:00
  
  From mountain-shaped apartment blocks to the centre of braised chicken reinventing itself as ‘Solar Valley’, China’s second (and third) tier cities are hiring big-name architects to get them noticedFrom egg-shaped concert halls to skyscrapers reminiscent of big pairs of pants, China’s top cities are famously full of curious monuments to architectural ambition. But as land prices in the main metropolises have shot into the stratosphere, developers have been scrambling to b
  
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• NRI businessmen Hindujas are wealthiest Asians in UK in 2017 - Financial Express

  18-03-2017 08:37
  
  Financial Express
  NRI businessmen Hindujas are wealthiest Asians in UK in 2017
  Financial Express
  NRI businessmen Hindujas have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of 19 billion pounds, an increase of 2.5 billion pounds over last year, according to an annual ranking of the richest Asians in Britain.en meer »
  
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• Netflix and Tesla overrated? Yes, in this mad, mad world

  18-03-2017 08:01 via theguardian.com
  
  UK’s top fund management groups list them as among the most overpriced shares on Wall StreetI love Netflix – I watch it more now than any broadcast TV channel. I love Tesla cars, though I doubt I’ll ever be able to afford one. But according to one of the UK’s top fund management groups, both are among the most overpriced shares on Wall Street, a stock market that under President Trump is – to use a phrase he rather likes – one of the most overrated in the worl
  
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• SSE the latest ‘big six’ firm to put its prices up

  18-03-2017 08:00 via theguardian.com
  
  Electricity bills will rise by 14.9% from the end of AprilCustomers of SSE are set to see their electricity bills rise by 14.9% from 28 April, as the company became the latest of the “big six” energy suppliers to increase prices.The firm, formerly known as Scottish & Southern Energy, said its typical dual fuel (gas and electricity) customer will see their annual bill rise by 6.9%, or £73 a year. It blamed its first electricity price rise in three-and-a-half years on governm
  
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• Should I get power of attorney over my mum’s finances?

  18-03-2017 08:00
  
  Dad recently died and she isn’t great with moneyEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question: Continue reading...
  
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• Servicing Stop charges can start to add up

  18-03-2017 08:00 via theguardian.com
  
  When a reader used the firm for an MOT she was shocked by claims about the car’s condition and the billIt’s one of the oldest motoring tricks in the world: suck the customer in with the offer of a cheap service or half-price MOT, then stiff them for a load of unnecessary or overpriced work when the car “fails”. This is the sort of experience you might expect at Dodgy Dave’s back street garage, but not from one of the UK’s fastest growing car servicing companie
  
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• New bombshell for self-employed: pay 400% more NICs… or lose state pension

  18-03-2017 08:00 via theguardian.com
  
  Despite the chancellor’s NICs U-turn, those who earn below £6,000 still face a five-fold increase – unless the government acts before next yearJane Clark, a self-employed maths tutor who earns around £2,500 a year, faces a 400% increase in her national insurance contributions (NICs) if she wants to retain her right to a state pension.That equates to an extra £588 a year, which is a good chunk of Clark’s earnings – and she is far from alone. Potentially,
  
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• How a £1 million inheritance slipped from our family’s grasp

  18-03-2017 08:00 via theguardian.com
  
  Challenging a will is never easy, whether the money has been left to an animal charity or a private school. A court ruling this week has made it even more of an uphill struggleWhen Sybil Jenazian died last year it was no surprise that her estate was worth a tidy sum. Her Armenian father had made a fortune in the Lancashire cotton trade and left most of it to Sybil. But soon after her death her family were shocked to find that Sybil had changed her will in 2012, leaving the bulk of the money
  
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• Buy your new car now to save thousands of pounds ahead of excise hike

  18-03-2017 08:00 via theguardian.com
  
  Changes to vehicle duty from 1 April will affect small and green vehicles, and big-ticket modelsA radical overhaul of car tax rates comes into force on 1 April, and means anyone about to buy a new car – and particularly an expensive low-emissions vehicle – should consider bringing forward their purchase if possible.The complicated changes to vehicle excise duty, set in motion by former chancellor George Osborne, will have the biggest impact on those buying the smallest/greenest cars
  
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• Are these cashback deals a carrot… or a costly stick?

  18-03-2017 08:00 via theguardian.com
  
  With rates at an all-time low, lenders are offering other incentives to woo borrowers. But be warned: do the sumsWith rates on many new mortgages at record lows, lots of lenders are offering cashback to make them stand out from the crowd. And some are dishing out quite large sums. The highest amount currently on offer is £2,500, courtesy of a Barclays deal. Two years ago it was £1,000.But will you end up paying a heavy price for that “carrot” in the form of a higher inter
  
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• ‘Corrupt firms can make troublemakers’ lives intolerable’ – our work expert responds

  18-03-2017 07:59
  
  Our careers expert – and you the readers – help someone dismayed by ‘jobs for the boys’, and a film-maker who can’t get a jobMy boyfriend graduated with a BA in film from a good university in 2009. Since then he has tried to follow his ambition of being a freelance camera operator, but in a sector where budgets are squeezed he hasn’t been able to find regular work that will pay the bills.  Continue reading...
  
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• Seven ways to teach your kids about money

  18-03-2017 07:30
  
  From saving up pocket money when they are young to the heady day they receive a student loan, it is important that they have a grasp of finance1. Show them the money. It is never too early to teach your children about finances, especially as money can seem almost invisible to them at times. Internet banking, online shopping and card payments often mean some children hardly ever see notes and coins. If they do, it tends to be notes coming out of a cash machine, so start young and tell them that t
  
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