Financial news

• The Guardian view on apprenticeships: an invitation for employers to cheat | Editorial

  17-04-2017 19:43 via theguardian.com
  
  A good idea is being put at risk by a government in a hurry, with monitoring and assessment systems not yet readyThere is plenty to admire in the government’s plans to beef up apprenticeships, funded from a levy that came into force this month on all companies with a payroll of more than £3m a year. The scheme will provide an extra 3m apprenticeships, which the government believes will help fill the skills and productivity gap that dogs the British economy. Everyone, from the CBI to
  
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• Big six energy firms braced for government price crackdown

  17-04-2017 17:43 via theguardian.com
  
  New rules are expected to be implemented as soon as next week, most likely in form of price cap on standard variable tariffsCentral heating systems are being turned off across the country as spring takes hold, but winter is coming for energy companies who have recently hiked bills for millions of households.Theresa May said the energy market was “manifestly” not working after a flurry of price rises by the big six companies – British Gas, e.on, EDF, npower, ScottishPower, and S
  
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• Easyjet forced UK couple off overbooked flight: Report - Financial Express

  17-04-2017 17:28
  
  Financial Express
  Easyjet forced UK couple off overbooked flight: Report
  Financial Express
  A British couple were removed from an overbooked Easyjet flight and not offered compensation a day after a United Airlines passenger was dragged off a plane in the US, according to a media report today. By: PTI | London | Published: April 17, 2017 9:28 PM.en meer »
  
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• New police unit to monitor prison drones in UK - Financial Express

  17-04-2017 16:42
  
  Financial Express
  New police unit to monitor prison drones in UK
  Financial Express
  "We are absolutely determined to tackle the illegal flow of drugs and mobile phones into our prisons and turn them into places of safety and reform," said UK Prisons Minister Sam Gyimah. By: PTI | London | Updated: April 17, 2017 8:12 PM. 0. Shares.en meer »
  
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• Can’t we stop colossal firms taking over small businesses?

  17-04-2017 15:08 via theguardian.com
  
  Tesco’s attempt to takeover the Booker group raises the question of why we are allowing so many hostile, and destructive, takeoversI’ve just heard that Tesco may be taking over wholesaler Booker, which includes Budgens, for £3.7bn, in the face of fierce opposition. Count me in that opposition, because I cannot shop in Tesco. Soon I may not even be able to shop in Budgens, just down the road. Damn. Because I feel I must stick to some priciples, and I’m still enraged with S
  
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• Ticketmaster accused of not doing enough to thwart touts

  17-04-2017 14:55 via theguardian.com
  
  Company says it tries to stop people bulk-buying tickets for resale at a mark-up but fans group questions its commitment
  Ticketmaster has been accused of not doing enough to stop professional ticket touts bypassing strict purchase limits imposed on ordinary fans. Continue reading...
  
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• NOW Money Wins Financial Inclusion Award In The UK - Exchange News Direct

  17-04-2017 11:11
  NOW Money Wins Financial Inclusion Award In The UK
  Exchange News Direct
  NOW Money (NOW), has won the financial inclusion category of Pitch360, a competition at the Innovate Finance Global Summit 2017. The competition took place on 11th April 2017 at the Guildhall in London, UK, and saw 24 FinTech startups compete for one ...
  
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• Hove tops property hotspot rankings among young professionals

  17-04-2017 09:01 via theguardian.com
  
  East Sussex town commands an average premium of £71,000, report findsA town on the south coast of England has cemented its place at the top of the property hotspot league for Britain’s young professionals.For the third year running, the BN3 postcode in the seaside town of Hove, which adjoins Brighton, tops the table in England and Wales for most home sales to young professionals – defined as 25- to 44-year-olds – according to figures compiled by Lloyds Bank. Continue read
  
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• Wiggle is wriggling out of responsibility for faulty folding bicycle

  17-04-2017 08:00 via theguardian.com
  
  The handlebars collapsed and I was thrown onto the street, breaking my arm, but the firm is refusing a replacementLast autumn I bought a new £500 Dahon Espresso folding bicycle from the website Wiggle. I have previously owned other Dahon folding bikes and was happy with them.Unfortunately, just a few weeks after receiving it the handlebar mechanism folded when I was riding the cycle on a busy central London street. This threw me off the bike, leaving me with a broken arm. In retrospect I w
  
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• How can I restart my publishing career after a break to care for my sick mum?

  17-04-2017 08:00 via theguardian.com
  
  I thought I would pick up my design and illustration work where I left off, but I can’t get any jobs from old clients or new
  Twice a week we publish problems that will feature in a forthcoming Dear Jeremy advice column in the Saturday Guardian so that readers can offer their own advice and suggestions. We then print the best of your comments alongside Jeremy’s own insights.I’m 54 and have been in publishing as a designer since the late 1980s. I’m also an illustrator and h
  
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• Should you resist Lisa … out to lure you into saving for a property or retirement?

  17-04-2017 07:59 via theguardian.com
  
  The Lifetime Isa was launched this month, offering a tax-free wrapper and 25% bonus. But do weigh up the pros and cons, says Harriet MeyerYou know you should save for retirement, and since the introduction of the Lifetime Isa there are more options than ever. Launched on 6 April the “Lisa” is similar to any other Isa, working as a tax-free wrapper around savings, and is available to everybody between 18 and 40.Critics of it claim savers risk giving up valuable employer pension contri
  
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• UK Introduces New Monetary and Criminal Penalties for Breach of Financial ... - The National Law Review

  17-04-2017 05:56
  
  UK Introduces New Monetary and Criminal Penalties for Breach of Financial ...
  The National Law Review
  The new Policing and Crime Act 2017 (the Act), which comes into force in April 2017, provides HM Treasury with enforcement powers to punish breaches of financial sanctions. Under the Policing and Crime Act 2017, HM Treasury has the power to impose ...
  
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• FINANCIAL WARNING: Millions of Britons face missing out on full 'flat-rate' pension - Express.co.uk

  17-04-2017 02:01
  
  Express.co.uk
  FINANCIAL WARNING: Millions of Britons face missing out on full 'flat-rate' pension
  Express.co.uk
  MILLIONS of Britons face missing out on the full “flatrate” state pension, amid claims it was “mis-sold”. By Michael Knowles. PUBLISHED: 00:01, Mon, Apr 17, 2017 | UPDATED: 07:28, Mon, Apr 17, 2017 ...
  
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• Boutique gin and whisky boom spooks big spirit brands

  17-04-2017 01:01 via theguardian.com
  
  Period of ‘explosive creativity’ in gin and whisky fuelled 50 new distilleries last year in UK as artisan newcomers grab market share from industry giantsMore than 50 new distilleries opened in the UK last year, showing the “explosive creativity” of craft spirits, according to a study.The number of “boutique” distillers is pushing big brands off the shelf, as artisan drinks brands continue to take market share from the global giants, said accountancy group UHY
  
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