Financial news

• TalkTalk shares plunge as broadband provider slashes dividends

  10-05-2017 23:26 via feedproxy.google.com
  
  INVESTORS pulled the plug on TalkTalk today, as the broadband company’s shares plunged by more than 7 per cent.
  
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• Interest rates to stay at 0.25% until 2019 as living costs surge to 3.5%, says think-tank

  10-05-2017 17:12 via feedproxy.google.com
  
  ULTRA low interest rates are set to remain for another two years, in further misery for savers, as the cost of living jumps to almost 3.5 per cent, a think tank has warned.
  
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• Cost of death surges as burial and cremation fees hiked

  10-05-2017 17:01 via feedproxy.google.com
  
  GRIEVING families are being hit by a cruel increases on the cost of cremation and burial fees, according to research.
  
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• UK interest rates: Bank of England's MPC set to SPLIT over immediate rise on Thursday

  10-05-2017 16:41 via feedproxy.google.com
  
  BANK of England monetary policymakers are expected to be SPLIT over the decision to hike interest rates in May from the current level of 0.25 per cent.
  
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• Holiday savings tip: How to slash 12% price from Expedia holiday and flight bookings

  10-05-2017 16:12 via feedproxy.google.com
  
  HOLIDAYMAKERS can pocket big savings on the cost of hotels and flights with Expedia and Booking.com this summer with a simple trick.
  
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• More than 1700 UK energy firms face "significant" financial stress ahead of a ... - City A.M.

  10-05-2017 15:50
  
  City A.M.
  More than 1700 UK energy firms face "significant" financial stress ahead of a ...
  City A.M.
  I am a journalist for City A.M. reporting on the Industrials sector. I also keep [..] Show more. Follow Courtney. Germany Expands Its Electricity Network. The energy sector is in a weak position ahead of a potential £1.7bn a year hit (Source: Getty ...
  
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• UK pay growth outlook is 'among gloomiest in advanced economies'

  10-05-2017 15:29 via theguardian.com
  
  Only Greece, Italy and Austria are forecast to suffer bigger falls in real wages by end of 2018, analysis findsThe prospects for pay growth in the UK are among the gloomiest in advanced economies, with only Greece, Italy and Austria forecast to suffer bigger falls in real wages by the end of 2018, according to a TUC analysis.The trades union group said UK real wages – pay adjusted for the effects of inflation – were on course to fall by 0.5% between the start of 2016 and the close of
  
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• Home sales in COLLAPSE: Lenders pull the plug after surveyors downgrade values

  10-05-2017 14:57 via feedproxy.google.com
  
  MORE home sales are falling through, as surveyors say properties at the top end of the market are not worth the inflated values that buyers have agreed to, according to experts.
  
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• Merkel cancels Airbus payments putting British jobs at risk over Blair’s bad deal

  10-05-2017 14:54 via feedproxy.google.com
  
  ANGELA Merkel is putting the jobs of British workers at risk after stopping payments to a key defence contract ahead of a NATO heads of state meeting this month.
  
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• Juncker's job figures blasted as ECB says unemployment in eurozone is TWICE as big

  10-05-2017 13:32 via feedproxy.google.com
  
  ECB chief Mario Draghi has dropped a bombshell by declaring unemployment is more than double what official eurozone stats claim.
  
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• REVEALED: How many interest-only borrowers are paying off their mortgage

  10-05-2017 12:05 via feedproxy.google.com
  
  HOMEOWNERS are using their properties to pay off tens of thousands of pounds in outstanding debts on interest-only mortgage deals, data suggests.
  
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• Pound V euro: GBP exchange rate against EUR at best levels after Macron fears

  10-05-2017 11:34 via feedproxy.google.com
  
  THE pound has continued its run of steady gains against the euro today, advancing to €1.192 and its best levels of the month so far.
  
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• Thousands face energy bill hikes of more than £400 this month

  10-05-2017 11:01 via theguardian.com
  
  If customers fail to take action when fixed deals end in May they will end up on tariffs criticised by Theresa May, says Which?Thousands of people face annual energy bill rises of hundreds of pounds this month when they are rolled on to default energy tariffs that came under fire from Theresa May this week.If billpayers fail to take action when a series of fixed tariffs come to an end in May, they face hikes of as much as 55%, or £416 a year, in the case of challenger company First Utility
  
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• Brexit U-turn Sadiq? London Mayor REJECTS EU boss Juncker's power grab on City banks

  10-05-2017 10:37 via feedproxy.google.com
  
  LONDON Mayor Sadiq Khan has scaled back support for European Commission president Jean-Claude Juncker as the pair are set for collision course over City jobs, it can be exclusively revealed.
  
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• Brexit will leave ‘a business support black hole,' says report

  10-05-2017 08:15 via theguardian.com
  
  UK small firms will face a £3.6bn EU funding shortfall by 2021, according to Federation of Small Businesses research, with deprived areas hardest hitEight in 10 SMEs have sought business support services over the past 12 months, according to a report from the Federation of Small Businesses (FSB). With £3.6bn of dedicated small business support coming from the EU (between 2014 and 2020) the UK must fill the shortfall to prevent economic slowdown after Brexit.In addition, the UK govern
  
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• Homes with concierge

  10-05-2017 08:00 via theguardian.com
  
  From five-star hotel facilities including spa and gym, to one where your front door opens to the greatest glories of Venice Continue reading...
  
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• Dell’s £720 charge doesn’t compute – we hadn’t even placed an order

  10-05-2017 08:00 via theguardian.com
  
  My company’s credit card statement shows a payment to Dell, but it claims the money was never received and won’t refund itMy company made several purchases from Dell computers a couple of years back, so it had our payment details on its system.Last year our credit card statement showed a £720 payment to Dell even though we hadn’t ordered anything. Dell says the money was never received at its end and that it knows nothing about it. Continue reading...
  
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• Councils sold off houses like ours. Now they are buying them back – for millions

  10-05-2017 07:30 via theguardian.com
  
  Labour’s plan to build more homes for rent is unlikely to win enough votes, because it’s homeowners who decide electionsIn the 10 years I’ve been writing about British social housing policy, no news story has more encapsulated the unfolding crisis than the recent revelation that councils have spent millions of pounds buying back homes lost through the right-to-buy policy. Islington, in Jeremy Corbyn’s back yard, has spent £6.2m acquiring former council houses it had
  
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