Financial news

• John Lewis-backed credit union bids to fend off payday lenders

  23-05-2017 16:23 via theguardian.com
  
  Debenhams, New Look and former Dragons’ Den star Theo Paphitis among backers of retailCURe union offering loans and savings products to shop staffJohn Lewis and Debenhams are among the high street names backing a new credit union for the retail sector, officially launching today, which aims to help shop workers “avoid the clutches” of payday lenders. Another supporter is former Dragons’ Den star Theo Paphitis, who once again got to say “I’m in”, after re
  
  Read more

• Merck & Co Faces Financial Hit From UK Regulator Over Drug Pricing - TheStreet.com

  23-05-2017 12:07
  
  TheStreet.com
  Merck & Co Faces Financial Hit From UK Regulator Over Drug Pricing
  TheStreet.com
  Merck & Co (MRK) may face financial penalties from U.K. regulators after the Competition & Markets Authority released provisional findings of a drug pricing investigation into the American drugmaker. The CMA said that Merck has operated an anti ...en meer »
  
  Read more

• UK government borrowing fell further than thought in last financial year - Financial Times

  23-05-2017 10:56
  UK government borrowing fell further than thought in last financial year
  Financial Times
  Higher than expected tax receipts since the start of the year meant the UK government beat forecasts and cut its annual public borrowing by more than it had ...en meer »
  
  Read more

• POUND LIVE: Pound falls to 8-week low after Manchester Arena terror attack

  23-05-2017 09:21 via feedproxy.google.com
  
  THE pound has fallen against both the euro and the dollar after a terror attack at an Ariana Grande concert at Manchester Arena last night.
  
  Read more

• Advertisement

• KitchenAid well and truly mixes up its customer service

  23-05-2017 08:00 via theguardian.com
  
  It told me my stand mixer repair would be free … then I got a bill for £134I have a KitchenAid Artisan stand mixer, purchased in December 2011 and which came with a five-year warranty. In January 2016 it was repaired under warranty when the speed control lever no longer functioned properly, but a year later it developed the same fault. KitchenAid advised that it could be repaired for £70 plus parts. At the end of March, after weeks of unanswered emails, I got through to Kitche
  
  Read more

• It’s time to give London students more money | Nick Hillman

  23-05-2017 07:45 via theguardian.com
  
  A new official ranking of universities will soon reveal how badly off London students are. They need more help with rent and travelIn higher education, general elections generally mean endless discussion of tuition fees and little of anything else. One area being overlooked is the relatively poor student experience in London.Before the election was called, this issue was about to hit the headlines. The first results from the Teaching Excellence Framework – the government’s new gold,
  
  Read more

• Australians aren't being paid for their productivity. Get set for an industrial relations war | Greg Jericho

  23-05-2017 00:00
  
  An OECD report shows that the gap between productivity and pay is wider in Australia than almost any other advanced economy, including the USAThe issue of industrial relations has for the most part been on the backburner in the past few election campaigns, but slow wages growth and a lack of increased income off the back of productivity growth might be enough to shake things up.In politics, some policies seem set in stone, never to be altered. There was a time negative gearing was such a policy.
  
  Read more

Follow @financialnwsUK on Twitter!