Financial news

• City News: Le Shuttle, Mitie Group, Berendsen and Stanley Gibbons

  12-06-2017 22:18 via feedproxy.google.com
  
  VEHICLE numbers went into reverse on Le Shuttle in May as passengers were put off travelling by the French presidential election.
  
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• Bosses are right: political uncertainty will damage the economy | Nils Pratley

  12-06-2017 20:50
  
  Predictions of gloom after the Brexit vote didn’t materialise – but this time we face an income squeeze and an EU ticking clock“It is hard to overstate what a dramatic impact the current political uncertainty has on business leaders, and the consequences could – if not addressed immediately – be disastrous for the UK economy,” says Stephen Martin, director general of the Institute of Directors, pointing to a poll of members that showed 57% were quite or very p
  
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• Celebrity rich list 2017: Taylor Swift falls to 49th place as Diddy takes top spot

  12-06-2017 20:41
  
  Rapper and entrepreneur Sean Combs reached top of Forbes list with $130mBeyoncé moved into second spot with $105m for best-selling LemonadeTaylor Swift will have to shake it off. The pop star has fallen from No 1 to 49th place on Forbes’ annual global celebrity rich list for 2017 after her earnings dropped $126m in a year. Swift led the top 100 list in 2016 with takings of $170m thanks to her successful world tour, which raked in a quarter of a billion dollars and saw her travel the
  
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• Tech shares keep sinking amid concerns sector is slowing

  12-06-2017 18:33
  
  Nasdaq falls in early trading after sinking 1.8% on Friday, with analysts expecting continued uncertaintyShares in technology companies – the driver behind recent record stock market gains – kept falling on Monday as investors worried the sector was running out of steam.On Friday, the tech-heavy Nasdaq Composite Index, home to Alphabet, Apple, Amazon, Facebook, Microsoft and others, fell 1.8% and the slide continued on Monday, with the index down another 0.52% as market analysts anti
  
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• Pound hits seven-month low as UK political uncertainty hits markets - as it happened

  12-06-2017 17:45
  
  Moody’s says UK election result will heightens uncertainty over Brexit negotiations and increases fiscal risksPound falls amid political crisisMoody’s: Election result heightens uncertainty and is ‘credit negative’S&P: Uncertainty will hurt growthIntroduction: Business optimism has plunged since the election
  Politics Live: Theresa May faces critical meeting with Tory party4.42pm BSTTime for a quick recapSterling has lost ground today as fresh signs of UK political ins
  
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• Travis Kalanick's future as Uber CEO under threat

  12-06-2017 16:40
  
  Cab company has approved recommendations to fight sexual harassment in firm, which some say is caused by the chief executive’s management styleThe future of Uber CEO Travis Kalanick is hanging in the balance after the embattled cab company’s board voted to adopt a portfolio of recommendations to fight sexual harassment in the firm. Uber said its board had unanimously approved recommendations – which stem from a report prepared by former US attorney general Eric Holder after a s
  
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• Bad EU trade deal 'disastrous' for UK jobs, investment and growth

  12-06-2017 15:07
  
  Business reject Brexiters’ claims UK can thrive without EU trade deal in place, report by Ed Balls and Peter Sands saysBritish businesses have rejected claims by leading Brexiters that trade with the rest of the world can replace free access to European markets, arguing that quitting the single market and customs union without a trade deal with the EU will harm their growth prospects.In a report by the former shadow chancellor Ed Balls and Peter Sands, senior fellows at Harvard University&
  
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• Maestros canadienses factor decisivo el futuro del agua de Chile | Meera Karunananthan

  12-06-2017 14:43
  
  Chile ofrece una lección sobre las desventajas de la privatización del agua y saneamiento, pero un grupo de maestros de Ontario podría ayudarRead this article in English Actualmente sumido en una crisis de agua potable, Chile enfrenta las consecuencias de las políticas de la dictadura del Gral. Augusto Pinochet que pusieron casi todos los suministros de agua dulce y los servicios relacionados con el agua del país en manos de las corporaciones multinacionales. P
  
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• Oil giants need to invest heavily in renewables by 2035, says analysis

  12-06-2017 14:14
  
  Slowing demand for oil and forecasts of rapid growth in green power pose risk to core business, says analyst More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector.Slowing demand for oil and forecasts of rapid growth in renewables posed both a threat and and opportunity BP, Shell and Total among others cannot ignore, said research group Wood Mackenzi
  
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• General Electric says CEO Jeff Immelt is stepping down

  12-06-2017 14:14
  
  John Flannery, president and CEO of the conglomerate’s healthcare unit, will take over the post, moves that the company says are part of a succession planGeneral Electric said Jeff Immelt is stepping down as CEO and John Flannery, president and CEO of the conglomerate’s healthcare unit, will take over the post in August.The 61-year-old Immelt will stay on as chairman until his retirement from the position at the end of the year, with the 55-year-old Flannery stepping into the role af
  
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• 'Silver splitters' – are over-60s divorcees creating a new generation rent?

  12-06-2017 13:57 via theguardian.com
  
  It’s not just millennials who can’t afford to buy homes. As retired divorcees become Britain’s hottest new demographic trend, they are renting in record numbersName: Silver splitters.Age: 60 plus. Continue reading...
  
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• BRIEF-UK Financial Services Compensation Scheme says interest levy for 2008 ... - Reuters

  12-06-2017 10:09
  
  BRIEF-UK Financial Services Compensation Scheme says interest levy for 2008 ...
  Reuters
  June 12 British outsourcing company Mitie swung to a full-year operating loss on Monday after it restated its accounts following a review prompted by a string of profit warnings last year. MORE FROM REUTERS. Sponsored Content. From Around the ...
  
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• House sales in Greater London slump by almost a third in a year

  12-06-2017 08:01 via theguardian.com
  
  Stamp duty changes, high prices and Brexit worries see sales to end of April drop 29% on same period in 2016, says Your MoveThe number of homes changing hands in London slumped by almost a third year on year in the spring, as changes to stamp duty rates, high prices and Brexit uncertainty slowed the market.The latest monthly index from estate agents Your Move found that in the three months to the end of April, sales in Greater London were down 29% on the same period in 2016.Continue reading...
  
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• Petrified of public speaking? Let your body do the talking

  12-06-2017 08:00
  
  The prospect of speaking in public can send people in to a tailspin of anxiety. But a simple change in posture can helpMost people at some point in their careers will present, pitch, be on camera or give a speech. Public speaking is a skill that cannot be overlooked– investor Warren Buffett believes it raises your value by 50%.Still, public speaking is nerve-racking and people turn down numerous opportunities because of the fear of it. Like physical training, public speaking requires atten
  
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• How can my partner land an accountancy job after 100 attempts?

  12-06-2017 08:00 via theguardian.com
  
  He has a good accountancy degree, had his CV rewritten several times and paid to do work experience at a firm – all to no availTwice 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’m writing on behalf of my partner who has been trying to get a trainee accountant job since graduating
  
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• Hard going with easyJet over compensation claim

  12-06-2017 08:00 via theguardian.com
  
  The CEDR arbitration service had ruled in my favour but the airline hasn’t paid upI am at my wits’ end with easyJet. In June 2016 our flight from Dubrovnik to London Gatwick was cancelled due to crew sickness. We received no help at the airport and had to book our own return flight, overnight accommodation and taxis to and from the airport. I claimed for these expenses and, eventually, after multiple emails, letters and phone calls, they were refunded in December last year. Continue
  
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• Rupee gets UK poll blues, sheds 15 paise against dollar - Financial Express

  12-06-2017 07:30
  
  Financial Express
  Rupee gets UK poll blues, sheds 15 paise against dollar
  Financial Express
  The ongoing political churn in the UK cast its cloud on the rupee as it depreciated 15 paise to 64.39 against the US dollar in early session today ahead of release of key IIP and inflation data later in the day. By: PTI | Published: June 12, 2017 11:00 ...en meer »
  
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• Quarter of households in UK will rent privately by end of 2021, says report

  12-06-2017 07:30 via theguardian.com
  
  Almost 5.8m households expected to be in private rentals as home ownership and social renting continue to fall, says Knight Frank reportAlmost one in four households in Britain will be renting privately by the end of 2021 as soaring house prices and stagnant wages put home ownership out of the reach of growing numbers of people.Around 5m households, or 21% of the total, are in private rented accommodation, a quarter of whom are families with children. This is set to rise to 5.79m (or 24%) over t
  
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• UK household spending falls for first time since 2013

  12-06-2017 06:30 via theguardian.com
  
  Pressures from rising prices and political uncertainty see drop in spending across clothing, household goods, food and transportSqueezed British households have cut back their spending for the first time in almost four years, according to figures that underscore the pressures from rising prices and political uncertainty.Visa, the credit and debit card processing business, said its vast database of spending patterns shows there was a drop in spending across a broad range of categories last month,
  
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• Half of UK employers unprepared for immigration changes: Think tank - Financial Express

  12-06-2017 01:17
  
  Financial Express
  Half of UK employers unprepared for immigration changes: Think tank
  Financial Express
  Almost half of British employers are unprepared for the government's planned changes to immigration rules after Brexit, a survey from the Resolution Foundation think tank showed on Monday. By: Sonali verma | Published: June 12, 2017 4:45 AM. 0. Shares.en meer »
  
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