Financial news

• The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley

  22-03-2017 23:33 via theguardian.com
  
  US and UK markets fell as investors grew impatient with the president’s policies, but lower oil prices could also have a political impact
  Let’s be fair to President Trump: the “worst falls” in stock markets since his election last November require perspective. The Dow Jones Industrial Average, which passed the 20,000 mark only in January, was approaching 21,000 before Tuesday’s decline that continued into Wednesday. The previous pace couldn’t have been sustain
  
  Read more

• Everton urged to end StubHub ticket partnership by supporters trust

  22-03-2017 19:57 via theguardian.com
  
  • Trust fears fans can be exploited on the online ticket exchange
  • Club urged to seek fairer solution to secondary ticket salesThe Everton Supporters Trust has urged the club to end their partnership with StubHub amid claims fans can be exploited on the online ticket exchange.Everton have been widely praised for a progressive ticketing policy that has meant season ticket prices are frozen and in some cases reduced for the 2017‑18 campaign. Following consultations with Everton&rs
  
  Read more

• Why becoming a tax haven would be bad news for Britain

  22-03-2017 19:30 via theguardian.com
  
  Theresa May and Philip Hammond have warned the EU that if they don’t like the Brexit deal, they could turn the UK into a tax haven. The truth is that being ‘offshore’ means being unfair and undemocratic – and you still pay taxMost of us take democracy for granted, but you would have to think again if you lived in a tax haven. Singapore has had the same party in power since 1959. Jersey, meanwhile, has never had a general election, the members of its parliament (the States
  
  Read more

• Call to give fathers allocated leave to improve uptake

  22-03-2017 19:23 via theguardian.com
  
  Parliamentary committee hears paternity leave has woeful take-up rate because many fathers fear damaging their careersMen should be given father-only parental leave to tackle the “very, very low” take-up rate, experts have told MPs.
  Dads who want to be more involved in their children’s lives fear damaging their careers and denting their family’s income if they ask for flexible hours or parental leave, a hearing on working fathers heard.Continue reading...
  
  Read more

• Advertisement

• Shoe retailer Brantano goes into administration with 1,000 jobs at risk

  22-03-2017 18:41 via theguardian.com
  
  Leicestershire-based chain has suffered from rise in costs since post-EU referendum fall in sterlingMore than 1,000 jobs are at risk after shoe retailer Brantano collapsed into administration.The company has suffered from a rise in costs since the post-referendum fall in sterling amid a generally lacklustre UK footwear market. Continue reading...
  
  Read more

• New Nationwide deal for parents to raise cash from their home to help their children

  22-03-2017 18:10 via feedproxy.google.com
  
  MORTGAGE deals allowing parents to raise funds from their property to help their adult children buy their first home have been launched by Britain's biggest building society.
  
  Read more

• Driver warning: Four out of 10 motorists losing hundreds of pounds with THIS mistake

  22-03-2017 17:59 via feedproxy.google.com
  
  MORE than eight million drivers are losing an average £275 every year through a crucial mistake, experts have warned.
  
  Read more

• Now you can forget your railcard (once) without being charged a fortune

  22-03-2017 17:13 via theguardian.com
  
  Absent-minded travellers will no longer be made to buy the most expensive ticket. It’s a rare win in the UK’s labyrinthine rail-fare systemA stony-faced inspector approaches, and passengers fumble in panic for their train tickets. It’s an everyday experience on Britain’s trains, but one disabled traveller’s battle over an extraordinary £400 “penalty” after failing to show his railcard has played its part in forcing overzealous inspectors to backtra
  
  Read more

• Advertisement

• Pound FALLS dramatically as terror attack rocks London

  22-03-2017 16:59 via feedproxy.google.com
  
  THE pound fell dramatically against the US dollar as a terror attack rocked London this afternoon.
  
  Read more

• Pound FALLS amid Parliament shooting terror attack in Westminister London

  22-03-2017 16:59 via feedproxy.google.com
  
  THE pound fell dramatically against the US dollar, amid a Parliament shooting terror attack in London's Westminister.
  
  Read more

• Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row

  22-03-2017 16:07 via theguardian.com
  
  Supermarket refuses to accept brewer Heineken’s price increases, which it blamed on the weak pound and the budgetFans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget.Several of Heineken’s brands have been absent from Tesco shelves for six weeks after annual talks over pricing ended in a stalemate. In total, 24 out
  
  Read more

• Will the stock market crash? Why are the American stocks falling? 

  22-03-2017 16:05 via feedproxy.google.com
  
  AFTER Wall Street fell sharply yesterday, here is a look at why American stocks dropped and whether the stock market will ever crash.
  
  Read more

• UK-based airlines told to move to Europe after Brexit or lose major routes

  22-03-2017 16:01 via theguardian.com
  
  Exclusive: Fears for UK jobs as EU officials say airlines will need to move base and majority of shareholders to fly routes within EuropeEU chiefs have warned airlines including easyJet and Ryanair that they will need to relocate their headquarters or sell off shares to European nationals if they want to continue flying routes within continental Europe after Brexit. Related: Goldman Sachs to move hundreds of staff out of London due to BrexitContinue reading...
  
  Read more

• Should you use your ISA for cash or stocks & shares in 2017?

  22-03-2017 15:57 via feedproxy.google.com
  
  RETURNS on stocks & shares ISAs have far outstripped those on cash counterparts in the 2016/17 year, analysis shows ahead of the April 5 deadline to use or lose the allowance.
  
  Read more

• Cheque next-day clearance system to start from THIS year

  22-03-2017 15:36 via feedproxy.google.com
  
  INDUSTRY-wide moves to "put cheques firmly in the 21st century" - with new technology enabling them to clear by the next day - will start in October.
  
  Read more

• Plusnet fined £880,000 for charging more than 1,000 ex-customers

  22-03-2017 15:35 via theguardian.com
  
  Ofcom tells BT-owned broadband and landline provider there can be no excuses for charging users after they cancelledPlusnet, the BT-owned broadband and landline company, has been fined almost £900,000 by Ofcom for continuing to charge more than 1,000 customers even though they had cancelled their accounts.The telecoms regulator fined Plusnet £880,000 after an investigation found that the BT subsidiary broke a “fundamental billing rule”. An error in the company’s bil
  
  Read more

• US dollar latest: GBP/USD close to one-month high on Fed rate bets 

  22-03-2017 15:04 via feedproxy.google.com
  
  SURGING UK inflation and falling Federal Reserve rate hike expectations drove the pound to its highest levels against the US dollar for almost a month on Wednesday.
  
  Read more

• Number of women working past 70 in UK doubles in four years

  22-03-2017 14:05 via theguardian.com
  
  ONS finds pronounced rise in women working past traditional retirement age, from 5.6% to 11.3% between 2012 and 2016Are you a woman over 70 years old, and still working? We’d like you to share your experiences with usThe number of women working past the age of 70 has doubled in the past four years, according to official figures that also reveal one in seven men are continuing in the workforce into old age, amid growing concerns over the bleak outlook for pensions.Office for National Statis
  
  Read more

• UK households most downbeat about finances since 2013

  22-03-2017 13:35 via theguardian.com
  
  Consumer spending likely to fall as rising inflation and weak wage growth biteUK households are the most downbeat about their finances since 2013, as families start to feel the pinch from rising inflation and weak wage growth, according to a new survey.This suggests consumer spending, until now the main driver of UK economic growth, will weaken in coming months. Continue reading...
  
  Read more

• Are you a woman over 70 years old and still working?

  22-03-2017 13:21 via theguardian.com
  
  The proportion of working women aged over 70 in the UK, has almost doubled. We’d like you to tell us why you’re working past retirement The proportion of women working into their 70s in the UK, has doubled in the last four years to an estimated 150,000 – figures close to those of men, according to an analysis by the BBC. Worries over pension income and a motivation to stay active are cited as key reasons for pushing up working ages. Gaps in national insurance contributions duri
  
  Read more

• UK financial watchdog wins London Whale identity case - Financial Times

  22-03-2017 13:14
  Financial Times
  UK financial watchdog wins London Whale identity case
  Financial Times
  The UK financial watchdog has snatched victory in a case brought by the boss of JPMorgan Chase's “London Whale” trader — an outcome that will have repercussions for other bankers caught up in regulatory probes. Sample the FT's top stories for a week.
  UK's Financial Conduct Authority Wins London Whale Identity CaseExchange News Directalle 15 nieuwsartikelen »
  
  Read more

• UK households most pessimistic about financial prospects since 2013 - DIGITALLOOK

  22-03-2017 12:44
  
  DIGITALLOOK
  UK households most pessimistic about financial prospects since 2013
  DIGITALLOOK
  UK households were the most pessimistic about their financial prospects in March since November 2013 as rising inflation began to bite, according to the latest survey from IHS Markit, which found that more than half of respondents expect the Bank of ...en meer »
  
  Read more

• Why robots should be taxed if they take people's jobs | Robert Shiller

  22-03-2017 12:18 via theguardian.com
  
  Bill Gates says governments could use a robot tax to fund human services – it would also help remedy income inequalityThe idea of a tax on robots was raised last May in a draft report to the European parliament prepared by MEP Mady Delvaux from the committee on legal affairs. Emphasising how robots could boost inequality, the report proposed that there might be a “need to introduce corporate reporting requirements on the extent and proportion of the contribution of robotics and AI to
  
  Read more

• Keep it in the family: running a business with mum

  22-03-2017 12:02 via theguardian.com
  
  In the lead up to Mother’s Day, we ask small business owners how easy it is to work together, what they argue about and how it’s changed their relationshipWhen Katy Alston’s husband bought her an ice cream van for Christmas, she thought he’d gone mad. She’d taken time out of a 15-year-long nursing career to look after her son and was debating what her next career move would be.Continue reading...
  
  Read more

• Eco homes – in pictures

  22-03-2017 11:47 via theguardian.com
  
  From air- and ground-source heat pumps to desalinating seawater, these properties flaunt their environmentally friendly credentials Continue reading...
  
  Read more

• Inflation at THREE-YEAR high as price of fuel and food soars

  22-03-2017 11:45 via feedproxy.google.com
  
  RISING fuel and food prices pushed inflation to a near three-and-a-half year high of 2.3 per cent last month, official figures showed today.
  
  Read more

• What everyone assumes about rights in the gig economy is wrong | Jason Moyer-Lee

  22-03-2017 10:00 via theguardian.com
  
  The category of self-employed person who carries out their work as part of someone else’s business exists. It’s called a worker. And they have rightsSo Matthew Taylor, Theresa May’s appointee to lead an inquiry into the so-called “gig economy”, has called for employment rights for the self-employed. You might expect that we at Independent Workers Union of Great Britain (IWGB), many of whose members work in the so-called gig economy to be delighted. And yes, employme
  
  Read more

• Market BUBBLE BURSTING: Wall Street losses spark global stock sell-off amid impending doom

  22-03-2017 09:55 via feedproxy.google.com
  
  BRITAIN'S top stock indices dived in Wednesday morning trading, following huge losses overnight on Wall Street, as investors appear to be losing faith in new US President Donald Trump.
  
  Read more

• JP Morgan and US banks take top five places in banking league table

  22-03-2017 09:52 via feedproxy.google.com
  
  JP MORGAN retained its place atop the global investment banking league table last year, with the top five places now firmly in the hands of US banks, reflecting their domination over struggling European peers, data today showed.
  
  Read more

• UK wages will soon lag behind prices – will the Bank take action? | Larry Elliott

  22-03-2017 08:34 via theguardian.com
  
  Mark Carney appears unconcerned about inflation, but he will have to justify his inactivity as real incomes fallJudging by his comments, Mark Carney is blissfully unconcerned about inflation rising above its 2% target for the first time since 2013. The governor dismissed the unexpectedly sharp rise in the cost of living as a “single data point” when quizzed about it at a conference on ethics in banking held at the Bank of England. “We are talking about much bigger issues”
  
  Read more

• Time to make a noise over Rias’s silent calls

  22-03-2017 08:00 via theguardian.com
  
  I got three from the insurer on the same day but no one seems to helpPlease help to get insurer Rias to stop hassling me with silent phone calls. My home insurance is up for renewal and, in the past, I have contacted the company to get a quote. But now it seems to think it is perfectly reasonable to leave its calls silent. Last week I got three calls all on the same day. They were all silent when I picked up the phone. I know it was Rias as I checked the number.Continue reading...
  
  Read more

• Carbon fibre: the wonder material with a dirty secret

  22-03-2017 06:00 via theguardian.com
  
  Researchers are scrambling for ways to get the strong, light material out of landfill and make it ready for recycling and reuseCarbon fibre is increasingly celebrated as a wonder material for the clean economy. Its unique combination of high strength and low weight has helped drive the wind power revolution and make planes more fuel efficient.
  Carbon fibre turbine blades can be longer and more rigid than traditional fibreglass models, making them more resilient at sea and more efficient in less
  
  Read more

• Leaving EU without deal would damage UK non-financial services - committee - Reuters UK

  22-03-2017 01:11
  
  Reuters UK
  Leaving EU without deal would damage UK non-financial services - committee
  Reuters UK
  A European Union flag is waved in front of Big Ben and the Houses of Parliament in London, Britain, February 20, 2017. REUTERS/Toby Melville. By Kylie MacLellan | LONDON. LONDON Failing to reach a comprehensive free trade deal with the European ...
  UK's Non-Financial Services at Risk After Brexit, Lords SayBloomberg
  Leaving EU without deal would damage UK non-financial services ...Ward's Auto
  B
  
  Read more

• The last call for savers to cash in on tax relief

  22-03-2017 01:01 via feedproxy.google.com
  
  SAVERS have been urged to make full use of pension tax relief amid fears it could soon be scaled back or scrapped.
  
  Read more

• Factories tool up for exports as demand for UK-made products rise

  22-03-2017 01:01 via feedproxy.google.com
  
  BRITAIN’S factories are gearing up for their biggest overseas push for more than two decades as a weaker pound drives demand for UK-made products.
  
  Read more

• City news: Goals Soccer Centres, Bellway, Fever-Tree and 888 Holdings

  22-03-2017 01:01 via feedproxy.google.com
  
  NEW signings in the boardroom and modernising its pitches helped Goals Soccer Centres to score a return to the black.
  
  Read more

• Businesses 'face scrap for foreign staff' as immigration rules tighten

  22-03-2017 01:01 via feedproxy.google.com
  COMPANIES in every business sector will be competing for a reduced pool of workers because of expected migration controls, according to a new report.
  
  Read more

• Brexit is GOOD news for Britain, say rich investors living in UK

  22-03-2017 01:01 via feedproxy.google.com
  
  MILLIONAIRES and wealthy investors living in Britain believe the UK's exit from the European Union will have a positive effect on the country, a survey has revealed.
  
  Read more

• GBP V NZD: Pound storms HIGHER against New Zealand dollar ahead of RBNZ rate decision

  22-03-2017 01:00 via feedproxy.google.com
  
  THE pound was able to storm higher against the New Zealand dollar ahead of the Reserve Bank of New Zealand's interest rate decision and the pairing could extend gains tomorrow.
  
  Read more

Follow @financialnwsUK on Twitter!