Financial news

• Doctor dragged off United Airlines flight reaches undisclosed settlement

  27-04-2017 21:51 via theguardian.com
  David Dao’s lawyers praise United for ‘taking full responsibility’ for incident in which he was injured while being forcibly removed from flightA Kentucky doctor who was dragged off a United flight after he refused to give up his seat to employees of a partner airline reached a settlement on Thursday with United for an undisclosed amount of money. Related: United Airlines to offer up to $10,000 for passengers to give up seatsContinue reading...
  
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• Qantas offers first ever direct UK to Australia flights from £1,095

  27-04-2017 19:15 via theguardian.com
  
  ‘Kangaroo route’ will become single hop when daily service between London and Perth launches in March 2018Tickets for the first non-stop flight from the UK to Australia went on sale on Thursday as Qantas launched a direct flight between London and Perth.Daily flights on Boeing’s 787 Dreamliner aircraft will take off on the new route from 25 March 2018, with return fares starting at £1,095 or A$1,893. Continue reading...
  
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• The Crusader: Overhaul of LOGBOOK LOAN laws spells better deal for car buyers

  27-04-2017 19:01 via feedproxy.google.com
  
  A LEGAL loop-hole is to be closed that leaves buyers of second-hand motors at risk of having them repossessed due to unfair laws around logbook loans.
  
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• Exchange rate fluctuation is MORE of a threat to expat’s pensions than losing triple lock

  27-04-2017 16:25 via feedproxy.google.com
  
  EXPATS living in the European Union enjoy annual state pension rises just as they would if they still lived in the UK.
  
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• Buy-to-let slump benefits first-time buyers, plus the best broadband firms

  27-04-2017 15:58 via theguardian.com
  
  Also, how saving just £40 a week could lead to a happy retirement, and lakeside homes in stunning locations
  Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed. Continue reading...
  
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• Pensions triple lock: what you need to know

  27-04-2017 15:39 via theguardian.com
  
  Conservative plans to water down the guarantee on future pension payouts could affect millions. Here’s the factsTheresa May is considering replacing the “triple lock”, which guarantees a minimum increase in the state pension each year, with a less generous “double lock” commitment in the Conservative party’s general election manifesto, and spending some of the money saved on social care. Continue reading...
  
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• JUNCKER BACKLASH: 83,000 sign economist’s petition calling for EU president to RESIGN

  27-04-2017 14:42 via feedproxy.google.com
  
  EUROPEAN Commission president Jean Claude Junker is facing a massive backlash in France over his involvement in the Lux Leaks scandal raging in his native state.
  
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• Deutsche Bank PLUNGE: German lender's share price falls amid Brexit job cuts

  27-04-2017 13:11 via feedproxy.google.com
  
  SHARES in Germany’s largest lender Deutsche Bank fell off a cliff last night as worries mount over its future.
  
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• Lloyds appoints Dame Linda Dobbs to lead HBOs review

  27-04-2017 09:16 via feedproxy.google.com
  
  LLOYDS Banking Group has appointed retired high court judge Dame Linda Dobbs to review its handling of a fraud at an HBOS branch in Reading for which six people were jailed in February.
  
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• Standard Chartered lifts pre-tax profit by 94 per cent

  27-04-2017 09:05 via feedproxy.google.com
  
  STANDARD Chartered’s turnaround gathered momentum as cost cuts and a sharp drop in bad loans helped it to bank a $1billion first-quarter profit.
  
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• POUND LIVE: Sterling soars as Macron surge halts & ECB continues £51bn bond buying spree

  27-04-2017 08:17 via feedproxy.google.com
  
  THE pound has surged against the euro as Emmanuel Macron faces a backlash from businesses in his native France and Theresa May hosted EU chief Jean-Claude Juncker for Brexit talks at Downing Street.
  
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• Fashion retailer Boohoo nearly doubles profit after celebrity Instagram tie-ups

  27-04-2017 08:08 via theguardian.com
  Pre-tax profits rise 97% to £31m thanks in part to paying social media stars to promote clothes to 16- to 24-year-old fansBoohoo, the online fashion retailer with an army of 16 to 24-year-old fans, has nearly doubled its profits, helped by paying celebrities and other “influencers” to promote its products on Instagram.The Manchester-based company, which has turned its founders into multimillionaires, reported on Wednesday that sales had risen by 51% to £295m in the year t
  
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• Bovis keeps delaying the completion date for our new home

  27-04-2017 08:00 via theguardian.com
  
  We were meant to complete in October 2016 and are spending a fortune on rent and furniture storageWe reserved a Bovis home in February 2016 and exchanged on 6 June. However, after signing the contract, we were informed the completion date had been delayed from October 2016 to March 2017. This was a complete surprise as we weren’t made aware of any issues. It’s since been further delayed to May 2017.We’ve not been given any explanation. Meanwhile, the sale of our flat completed
  
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• As first-time buyers, can we take out a buy-to-let mortgage?

  27-04-2017 08:00 via theguardian.com
  
  We rent in Oxfordshire but want to buy property near Sheffield to let until we move there
  Q My partner and I have been renting for the past seven years. We live in a salubrious part of Oxfordshire in a house we would never be able to afford to buy without a lottery win. We’ve been lucky enough to have as landlords a wealthy elderly couple, who let us pay probably half the going rate for the area on the unspoken proviso that we don’t bother them about minor repairs and keep the place
  
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• US dollar V pound: GBP SURGES against USD after Trump's tax plans

  27-04-2017 01:00 via feedproxy.google.com
  
  THE pound traded strongly against the US dollar as markets reacted poorly to Donald Trump's long awaited tax reforms.
  
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• Pret a Manger hunting for British staff as Brexit looms

  27-04-2017 01:00 via feedproxy.google.com
  
  THE boss of sandwich chain Pret A Manger has said the group is "reaching out" to British applicants as it looks to plug a looming recruitment gap caused by Brexit.
  
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• Lloyds defies 'challenging' trading conditions to double profits

  27-04-2017 01:00 via feedproxy.google.com
  
  LLOYDS Banking Group has hailed a strong performance as it doubled bottom-line profits in the first three months of the year despite "challenging" trading conditions.
  
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