Financial news

• Tory winter fuel allowance cut puts 4,000 lives at risk, claims Labour

  05-06-2017 23:30 via theguardian.com
  
  Shadow chancellor John McDonnell says taking £300 annual payment away from millions of pensioners would contribute to rise in winter deathsThe Conservatives’ policy of means testing the winter fuel allowance for pensioners could contribute to almost 4,000 extra deaths this winter, Labour has said.
  Theresa May said removing the annual payment of up to £300 a year from all but the poorest pensioners would release funds that could be pumped into the social care system. Continue re
  
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• The many benefits of working from home | Letters

  05-06-2017 20:06 via theguardian.com
  
  Better use of space | YouGov polls | Guardian subscribers | Magic money treeGeorge Monbiot (Spend more money on the public space for all our sakes, 31 May) misses a wonderful opportunity to revive community and make better use of space while boosting the economy, taking pressure off transport infrastructure and reducing emissions. One in seven in the UK now works mainly from home – millions more part-time. Policies that encourage this popular, family-friendly working practice –
  
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• Qatar stock market tumbles after Gulf states cut ties, as UK services sector growth slows - business live

  05-06-2017 16:54
  
  Shares in Qatar plunge 8% amid diplomatic crisis, as UK service companies report that new business growth weakened last monthLatest: Shares slide in QatarQatar crisis: Four neighbours cut ties over terrorism links
  UK services sector slows as general election hits demand...
  ....but eurozone growth sticks at six-year high 3.54pm BSTThe pound is continuing its recent volatility, something which is likely to continue this week in the run up to the UK election as various polls emerge but with little
  
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• The global economy can recover faster if we avoid the obvious pifalls | Nouriel Roubini

  05-06-2017 13:57
  
  The world economy faces some serious downside risks but at least we now know where the risks are and how to work around themFor the past two years, the global economy has been growing, but it has swung between periods of rapid expansion and deceleration. During this period, two episodes, in particular, caused US and global equity prices to fall by about 10%. Is a pattern emerging, or is a fitful global recovery set to stabilise?The first episode came in August-September 2015, when many observers
  
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• Almost half UK millennials want to do their financial planning on a ... - The Independent

  05-06-2017 13:22
  
  The Independent
  Almost half UK millennials want to do their financial planning on a ...
  The Independent
  Almost half of UK millennials want to do their financial planning on a smartphone, a trend that poses significant challenges to financial advisers and high street ...en meer »
  
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• Job opportunities should not wither as we age | Katie Allen

  05-06-2017 08:46
  
  With one in three workers soon to be over 50 some creative thinking is needed to keep them employed and fulfilled
  The way things are looking, the royal family will want to start bulk-buying birthday cards.
  When King George V sent the first telegrams to those celebrating their 100th birthday in 1917, he had to fire off only 24 messages. Last year, his granddaughter Queen Elizabeth sent 6,405 congratulatory cards to centenarians in the UK. Her own grandson and her great grandson will be signing a
  
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• Penalty rate cuts to be phased in gradually, Fair Work rules

  05-06-2017 08:12
  
  Labor decries cuts to Sunday and public holiday rates that will begin on 1 July but with some taking years to fully implementThe Fair Work Commission has confirmed cuts in some Sunday penalty rates will begin from 1 July, to be phased in over three to four years, while cuts in public holiday rates will begin on 1 July.Labor slammed the decision, saying it came at a time when wages were falling in real terms, but the Australian Retailers’ Association has called for the cuts to be brought in
  
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• Nearly 10 million Britons are in insecure work, says union

  05-06-2017 08:01
  
  GMB research explores impact of gig economy and warns of its impact on health and family lifeUp to 10 million Britons or nearly a third of the UK workforce do not have secure employment, according to the GMB union, which has warned of a heavy impact on health and family life.The union’s research, unveiled at its 100th annual congress in Plymouth on Monday, attempts to quantify people in what it calls precarious employment – those in the gig economy, on zero- or short-hours contracts,
  
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• The government will need to help startups with Brexit costs

  05-06-2017 08:00
  
  As UK startups face uncertainty around doing business in Europe, a tech entrepreneur makes the case for the introduction of a Brexit tax creditUK startups are facing growing uncertainty around how to plan for doing business in Europe in the months ahead. While there are no foregone conclusions ahead of the general election, what is clear is that businesses with limited resources and big ambitions are going to face a testing period.Related: Brexit will leave ‘a business support black hole,'
  
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• I was briefly a police officer 10 years ago – should I take it off my CV?

  05-06-2017 08:00 via theguardian.com
  
  I’m job hunting and interviewers seem to be more interested in that episode than my more recent experience and skills
  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 looking for a new job because my current one is a fixed-term contract, which will soon be coming to an end. I have
  
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• Fighting Petplan tooth and claw over our cat’s claim

  05-06-2017 08:00
  
  We’d been paying for cover for more than 20 years but when it came to dental treatment we were refusedDespite paying thousands of pounds for more than 20 years to Petplan to cover our pets, when our 12-year-old cat Daisy needed four teeth extracted we had to pay £427.93. Though our vet sent a second letter confirming Daisy was up to date with annual and dental checks, the claim was rejected. We felt angry and, having no confidence that it would not happen again, we cancelled all thre
  
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• Noel Edmonds' lawyers label Lloyds bank fraud payout scheme a 'sham'

  05-06-2017 07:01
  
  Letter to professor charged with reviewing level of compensation says victims of fraud are being shortchangedLawyers representing Noel Edmonds have hit out at Lloyds Banking Group’s proposed compensation scheme for victims of a fraud at the bank’s HBOS Reading arm.The TV presenter’s lawyers have written a lengthy letter to Prof Russel Griggs, appointed by Lloyds in March to review the level of compensation it intends to award to 64 victims of the fraud from a £100m pot it
  
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• Sensors, plants and waste heat: Adelaide hospital's bid to be most energy-efficient

  05-06-2017 01:19
  
  When it finally opens in September, the complex will have the latest energy efficiency technology – but will it be worth the $2.3bn spent? When it comes to the power consumption of hospitals, the diagnosis isn’t pretty: they rate as the second most energy-intensive of all commercial buildings, behind only food service providers.As the places where our babies are delivered, our sick are treated and our dying nursed, energy efficiency understandably slips down the priority list behind
  
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