Financial news

• Lloyds to shrink hundreds of UK branches to two staff

  03-04-2017 20:29 via theguardian.com
  
  New ‘micro branches’ will not have counters, with customers using self-service machines and video linksLloyds Banking Group is to shrink the size of hundreds of its branches so they have only two staff with tablet computers helping customers.The new “micro branches” will not have counters, with customers paying in cash and cheques through self-service machines and talking to mortgage advisers through video links. Continue reading...
  
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• Investment ISAs: Chart shows how stocks and shares have returned £60,000 more than cash

  03-04-2017 17:33 via feedproxy.google.com
  
  THE deadline to use or lose the 2016/17 ISA allowance is looming and savers looking for the best returns should consider investment accounts over cash, as interest rates remain at record lows.
  
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• ‘BE PREPARED’ ECB fires grave warning to Europe's most debt-ridden countries

  03-04-2017 17:13 via feedproxy.google.com
  
  EUROPE'S debt-laden countries have been warned to prepare for higher borrowing costs and an end to ultra accommodative monetary policies that have helped prop up economies in the aftermath of the financial crisis.
  
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• UK government cuts Lloyds stake to below 2% - Financial News (subscription)

  03-04-2017 14:00
  
  UK government cuts Lloyds stake to below 2%
  Financial News (subscription)
  Lloyds Banking Group today said the UK government has lowered its shareholding in the bank to 1.41 billion shares, or about 1.97% of its issued share capital, MarketWatch reports. The UK government previously held 2.1 billion shares. No price was ...en meer »
  
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• Apple exit sends UK chip firm's shares into freefall

  03-04-2017 12:58 via theguardian.com
  
  Shares in Imagination Technologies plunge 70% after its largest customer pulls plug on graphics dealShares in the UK chip designer Imagination Technologies have slumped 70% after it said Apple, its largest customer, would stop using its graphics technology in the iPhone and other new products by 2019. The move is a major blow to the British company, which designs the graphics processors used in smartphones and other electronic devices and relies on Apple for half its revenues. The firm warned th
  
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• Struggling credit card holders could see fees and charges waived

  03-04-2017 12:37 via theguardian.com
  
  FCA makes proposals for those with persistent credit card debt, where all their money goes on repaymentsMillions of people languishing under long-term credit card debt could see their charges eased or withdrawn under proposals outlined by the financial watchdog. The Financial Conduct Authority (FCA) has announced a raft of measures to help people in persistent credit card debt, including waiving or cancelling interest and charges if customers cannot afford to curb their liabilities through a rep
  
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• Putin's illiberal stagnation in Russia offers up a valuable lesson | Joseph Stiglitz

  03-04-2017 11:56 via theguardian.com
  
  The west’s post-cold war failures across the former Soviet bloc should not weaken its resolve to create democratic statesToday, a quarter-century after the cold war’s end, the west and Russia are again at odds. This time, at least on one side, the dispute is more transparently about geopolitical power, not ideology. The west has supported in a variety of ways democratic movements in the post-Soviet region, hardly hiding its enthusiasm for the various “colour” revolutions
  
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• Co-operative Group to write off the value of its stake in Co-op bank

  03-04-2017 08:30 via theguardian.com
  
  The mutual is facing a £140m hit amid ongoing uncertainty about the future of its former financial armThe Co-operative Group will reveal this week it has fallen back into the red for the first time since its tumultuous 2013 year, after writing off the value of its investment in the Co-operative Bank.The mutual is set to take a £140m hit as it slashes the value of its 20% stake in the bank to zero, amid ongoing uncertainty about its former financial arm’s future.Continue reading
  
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• UK's Financial Conduct Authority Proposes New Rules For Credit ... - Exchange News Direct

  03-04-2017 08:29
  UK's Financial Conduct Authority Proposes New Rules For Credit ...
  Exchange News Direct
  The Financial Conduct Authority (FCA) is today proposing new rules to help customers who are in persistent credit card debt. This follows the FCA's study of the ...en meer »
  
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• How can I land a job in academia after my PhD ends?

  03-04-2017 08:00 via theguardian.com
  
  I have some experience in research and teaching related to my social sciences doctorate course, and I have a young childI was hoping you could assist with an issue I’m having. I’m a 26-year-old social science PhD student.Although I have managed to add some work experience to my CV, I am coming across posts online claiming finding academic employment after graduation is impossible. It’s extremely disheartening. I was hoping you could give me some advice on how to boost my CV for
  
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• DELOITTE: Just one in 5 UK financial chiefs think Brexit will be good for business - Yahoo News

  03-04-2017 08:00
  
  Yahoo News
  DELOITTE: Just one in 5 UK financial chiefs think Brexit will be good for business
  Yahoo News
  LONDON — Just 19% of chief financial officers of leading UK companies think the business environment will be better off after Brexit, according to a report by Deloitte. A survey of 130 CFOs of FTSE 350 companies found that 60% believe the business ...en meer »
  
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• All we want is to record terrestrial TV, but costs are now Sky high

  03-04-2017 08:00 via theguardian.com
  
  We paid a subscription because a Sky box is easy to use but now we are paying £38 a monthMy wife and I are in our late 60s and retired, and have been loyal Sky customers for years. We are on the basic TV package as we only watch terrestrial channels, paying only because the Sky box gives us a technically easy way to record programmes. A year ago we were paying around £8 a month. In June it went up to £9.50, and then to £21 in October. As a result I decided to ca
  
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