Financial news

• Shocking discovery? Money earned by exploitation is less rewarding, study shows

  01-05-2017 17:00 via theguardian.com
  
  Experiment involving theoretical financial reward in exchange for uncomfortable electric shocks on self or others reveals brain preference for less pain and lower profit
  It’s the age-old question: does money buy happiness? The answer, according to scientists, depends on how you make your fortune. A new study has found that ill-gotten gains elicit a weaker response in the brain’s reward system than money that has been earned scrupulously. The findings could explain why most of us are
  
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• UK economy to face uncertainty for at least two years - CPI Financial

  01-05-2017 11:53
  
  UK economy to face uncertainty for at least two years
  CPI Financial
  The cloud of uncertainty hanging over the British economy will not lift until March 2019 at the earliest, according to Linda Yueh, Adjunct Professor of Economics at London Business School. Print this article. The European principle that “nothing is ...
  
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• Switching our phone and broadband provider turned into a nightmare

  01-05-2017 08:00 via theguardian.com
  
  We decided to move from BT to SSE and now face losing our telephone number of 25 yearsAfter reading an article in Money we decided to switch our phone and broadband service from BT to SSE, and it has turned into a nightmare.At the time, SSE confirmed we would be able to keep our landline number that we’ve had for 25 years. On the agreed date of the switch we were cut off from BT, but nothing else happened. At this point we realised we’d not been sent a router. It later transpired the
  
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• I want to retire from teaching, but my wife won't hear of it

  01-05-2017 08:00 via theguardian.com
  
  I’m torn between doing more enjoyable projects outside education and family responsibilities – what should I do?
  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.After 30 years in the teaching profession I am finding the job (and the ever-increasing workload and responsibility) b
  
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• Internet users accuse BT of empty promises over broadband speeds

  01-05-2017 07:59 via theguardian.com
  
  The firm’s Infinity deals are advertised as a simple way to get unlimited superfast access. But the realitycan be very different, as Anna Tims writesFor sale: “Real peace of mind”. That’s what you get, according to BT – for those who can afford up to £50.99 a month for its fibre broadband deals. “No more worrying about hitting your usage limits,” boasts the blurb on its Infinity packages, which are supposed to provide unlimited internet access at s
  
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• Smaller deposits raise hopes for UK first-time homebuyers

  01-05-2017 01:01 via theguardian.com
  
  Hamptons says re-emergence of higher loan-to-value mortgages combined with lower lending rates and cooling prices have boosted purchase prospectsEasier access to mortgages with a small deposit has offered some glimmers of hope for first-time buyers struggling to get on to Britain’s housing ladder, according to a new report.Research on the amount of time it takes to save for a down payment on a home suggests buyers have been helped by the greater availability of mortgage loans at higher loa
  
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• May Day report by MPs damns growing UK gig economy

  01-05-2017 01:01 via theguardian.com
  
  Work and pensions committee says employers force workers into bogus self-employment and free-ride on welfare stateCompanies in Britain’s growing gig economy are forcing workers into bogus self-employment and free-riding on the welfare state, an influential committee of MPs has said.In a damning assessment of modern employment practices, the parliamentary work and pensions committee calls on the next government to bring laws up to date so that workers are better protected from exploitation.
  
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