Financial news

• Debt fears grow as county court judgments soar by 35%

  15-05-2017 20:58
  
  Figures highlight growing alarm at Bank of England and among MPs over rapid rises in household spending fuelled by extra borrowing.Nearly 300,000 debt judgments were filed against individuals in English and Welsh county courts in the first three months of 2017, the highest quarterly figure for more than 10 years. Figures from the Registry Trust show a 35% rise compared with the first quarter of last year in county court judgments (CCJs) against borrowers who found themselves unable to pay their
  
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• Australian dollar news: GBP/AUD down from 8-month high as British workers face pay squeeze

  15-05-2017 15:38 via feedproxy.google.com
  
  THE pound slipped against the Australian dollar this morning following a report published today suggesting that British workers’ will likely face a pay squeeze over the coming year.
  
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• Pound LIVE: FTSE 100 hits all time high as oil prices climb

  15-05-2017 14:22 via feedproxy.google.com
  
  THE FTSE 100 has hit a new record high of 7442 points in its early trading with markets improving in Europe and Asia after a surge in oil prices.
  
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• Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley

  15-05-2017 13:40 via theguardian.com
  
  The estate agent has more haters than followers on Twitter. Now sales are falling, can it get a positive message across?Social media frequently appears to be a modern popularity contest, but at least that gives us an indication of the reputations of some of our best-known companies.Take the official Twitter account of the irksome estate agency Foxtons, for instance, which possesses a mighty 400 followers and drones on about the major housing topics de nos jours, such as: “Do you know what
  
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• Let's hold Apple and Walmart to their big environmental promises | Fred Pearce

  15-05-2017 13:24
  
  It’s easy to be cynical about the recent rush of bold corporate sustainability targets, but brands that buy into a green image may find it hard to deviate too farCall them the “moon shot” promises. The big, bold corporate sustainability targets that take your breath away, and may scramble your trust as well. Can Apple really cease to depend on mining for any of the metal in its products, a goal it announced (pdf) in April?Continue reading...
  
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• Hidden loot: You wont believe the number of Britons that hide CASH under their bed

  15-05-2017 13:20 via feedproxy.google.com
  ONE-IN-TEN Brits keep a secret stash of cash hidden under their bed, a survey has found. 
  
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• The Time Is Ripe For The Financial Transactions Tax - HuffPost UK

  15-05-2017 08:57
  
  HuffPost UK
  The Time Is Ripe For The Financial Transactions Tax
  HuffPost UK
  It's nine years now since the financial crisis with wages and productivity barely recovered - and the deficit stretching further in to the future. Although now we talk about the post-Brexit recovery and what that will look like, I think we still ...en meer »
  
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• City news: Interview feedback, Andy Murray, Robots

  15-05-2017 08:53 via feedproxy.google.com
  
  EMPLOYERS should be required to share feedback with candidates after a job interview, a group is urging.
  
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• Government migrant crackdown punishes children | Abi Brunswick

  15-05-2017 08:23 via theguardian.com
  
  Our charity works with migrant families facing destitution and the prospect of their children having to sleep on night buses or in police stationsWhen the government first introduced its plans to create a “hostile environment” for migrants, the rhetoric was about immigration control, rather than making people homeless. But recent provisions, including making it illegal for landlords to rent properties to undocumented migrants, banning them from opening bank accounts and cracking down
  
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• I cancelled my car insurance in the cooling-off period, but was still charged

  15-05-2017 08:00 via theguardian.com
  
  I changed my mind within the 14 days so why do I have to pay One Call Insurance £74?I’d like to ask your views on insurers offering cooling-off periods if you change your mind, but still levying substantial charges if you do.I recently purchased car insurance from One Call Insurance. In my view the application process wasn’t great and when I received the certificate via email the next day, it was unreadable. When I complained I was told the problem was with my computer.Continue
  
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• How to be on the winning side as mortgage war hots up

  15-05-2017 08:00 via theguardian.com
  
  Britain’s ‘cheapest -ever deal’ may have been withdrawn but there are still plenty of offers out thereJust a week after launching what was described as “Britain’s cheapest-ever” mortgage deal, Atom Bank withdrew its 1.29% five-year fixed rate, amid massive demand.Although this offer was for borrowers with a 40% deposit, and came with a £900 fee, there was no shortage of takers. Continue reading...
  
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• Can my employer stop giving annual pay rises and bonuses?

  15-05-2017 08:00 via theguardian.com
  
  From this year, staff have to do a new qualification to be considered, which I can’t start until 2020
  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 am a well-established and senior professional in my field, and widely acknowledged worldwide as an expert in what I do. I work long h
  
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• A new company every week: inside the UK's AI revolution

  15-05-2017 08:00
  
  The UK’s artificial intelligence sector is booming and the technology is transforming how businesses of all sizes operateAt the opening of the Leverhulme Centre for the Future of Intelligence in Cambridge last year, Professor Stephen Hawking told the crowd: “Success in creating AI could be the biggest event in the history of our civilisation. [It will be] either the best, or the worst thing, ever to happen to humanity. We do not yet know which.”It is perhaps not coincidental th
  
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• The Share Hunter: Will Theresa May’s energy cap fit with Centrica?

  15-05-2017 01:01 via feedproxy.google.com
  
  LAST week saw plenty of news for investors in Centrica, the parent of British Gas.
  
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• Late Easter set to send inflation jumping to 2.6%

  15-05-2017 01:01 via feedproxy.google.com
  
  Households are facing a further jump in inflation as the weakened pound, utility price hikes and the timing of the Easter holidays drive up the cost of living.
  
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• Do you have to pay fees when buying foreign currency?

  15-05-2017 01:01 via feedproxy.google.com
  
  WHATEVER your reasons for needing to buy foreign currency, from buying an overseas holiday home to getting spending money for your two weeks in the sun, you’ll want to make sure your pounds are stretching as far as possible.
  
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• JP Morgan buys Dublin office with 1,000 staff capacity amid Brexit planning

  15-05-2017 01:00 via feedproxy.google.com
  
  JP MORGAN has bought an office building in Dublin with the capacity to house 1,000 staff amid its Brexit contingency planning.
  
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