Financial news

• For BA, a £100m compensation bill could be just the start

  03-06-2017 16:59
  
  Abysmal handling of the IT failure that saw tens of thousands stranded and delayed means the airline will struggle to put the shine back on its brandPaul Sutherland is not a man you’d want to mess about. The martial arts instructor, 44, had woken early on the last Saturday in May and checked in on his phone for his British Airways flight to Stockholm, where he was due to officiate at a night of Ultimate Fighting Championship (UFC) bouts. By 7.30am, he had packed his suitcase, complete with
  
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• City news: Donald Trump, oil prices, RBS and Metro Bank

  03-06-2017 15:31 via feedproxy.google.com
  
  OIL prices fell yesterday amid concerns that America’s withdrawal from a global climate pact could lead to more US drilling, adding to a glut.
  
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• Fast house-building surge is a boost for economy

  03-06-2017 15:25 via feedproxy.google.com
  
  UK construction activity grew at its fastest pace since the end of 2015 last month after a renewed surge in housebuilding.
  
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• Berkeley duo's plan to solve traffic jams: hyper-fast lanes for self-driving cars

  03-06-2017 13:00
  
  Anthony Barrs and Baiyu Chen’s Hyperlane system proposes clusters of self-driving cars zipping past local traffic at 100mph, controlled by a central computerThese days there are so many self-driving cars coming down the pipeline it seems inevitable they’ll soon be stuck in a robot traffic jam – just like the human-piloted cars of today. Well, not if Anthony Barrs and Baiyu Chen get their way.The two graduate students at the University of California, Berkeley, have devised a sys
  
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• The strange death of strikes in Britain

  03-06-2017 08:00 via theguardian.com
  
  Figures show walkouts are at near-record lows despite employment being at a record highA strike at BT is threatened after it emerged this week that the company may be drastically slashing its final salary pension scheme. If BT takes that step, it will be a fundamental breach of the contract that existing workers signed up for, and industrial action will be inevitable.But will BT workers (and Royal Mail employees in a similar position) really go on strike? Some fascinating figures this week from
  
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• Peer-to-peer lending promised 6%, but I’ve been left red-faced and in the red

  03-06-2017 08:00
  
  James Patterson hoped his £1,000 investment in Funding Circle would reap returns 10 times more than his bank offered. But 18 months on, he’s losing moneyWhen James Patterson invested £1,000 in the peer-to-peer (P2P) lender Funding Circle back in 2015, his hope was that his money would grow a bit faster than the pitiful rates of interest offered by his bank. At the time, the relatively new lender was promising returns of 5-6% a year – 10 times more than his bank.However, a
  
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• It’s part-eBay, part-Instagram, but is Depop safe for your teenagers?

  03-06-2017 08:00
  
  One 18-year-old was duped by a rogue buyer on the fast-growing mobile platform. And, as we discovered, she’s not aloneTeenagers who use the popular buying and selling website Depop are being warned to wise up to how it works or risk losing their money, according to one young woman who lost her iPhone to fraudsters who targeted the site.Carrie Fry (not her real name), an 18-year-old from London, contacted Guardian Money after realising she had been duped when selling her mobile phone on Dep
  
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• 'I have little doubt your daughter should leave' – our work expert responds

  03-06-2017 08:00 via theguardian.com
  
  Our careers expert – and you the readers – help a parent whose daughter’s health is being affected by her job and a 72-year-old who wants to keep on working
  My daughter works for a private ­company in the care industry. She is a compliance manager for vulnerable people who live in their own homes with tailored support. She started with the company about five years ago and rose from being a carer to a manager.Continue reading...
  
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• Should we replace our old iPad 2 with an Amazon Fire?

  03-06-2017 07:59 via theguardian.com
  
  The Fire seems to offer all we need, or should we stump up for another iPad?Every week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question: Continue reading...
  
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• Homes with hi-tech parking – in pictures

  03-06-2017 00:45
  
  Cars are given the smart treatment in these properties, making parking a breezeContinue reading...
  
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• RBS ex-boss Fred Goodwin faces court as shareholder talks fail

  03-06-2017 00:27
  
  ‘Diehard’ group of investors suing bank for millions rejects latest 82p-per-share offer at bad-tempered London summit Talks between Royal Bank of Scotland and a groups of “diehard” shareholders suing the lender have collapsed after a bad-tempered summit ended in an impasse that could force the bank’s former boss Fred Goodwin into the dock.Three directors of the RBoS Shareholder Action Group met chief executive Ross McEwan on Friday morning at the lender’s head
  
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