Financial news

• UK startup Curve launches 'financial time travel' - Reuters

  03-07-2017 23:06
  
  UK startup Curve launches 'financial time travel'
  Reuters
  LONDON/NEW YORK A London-based startup has joined up with Mastercard Inc to launch a payment card that allows users to retroactively choose a different credit or debit card for a purchase they have already made, in what they called "financial time ...en meer »
  
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• What is financial abuse, and how can you spot it? - AOL UK

  03-07-2017 21:08
  
  AOL UK
  What is financial abuse, and how can you spot it?
  AOL UK
  We all think we know what domestic abuse looks like, but most people are unaware of the hidden kinds of abuse often taking place under our noses. One kind of abuse that's very little understood, and far more common than you would imagine is financial ...
  
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• Secretary of state for hot air denies the energy price cap fits him | John Crace

  03-07-2017 20:36 via theguardian.com
  
  Greg Clark deflects criticism over ditching of Conservative manifesto pledge to prevent millions being ripped offGreg Clark didn’t appear to know why he had been made to come to the Commons to answer an urgent question on energy prices. As far as the business secretary was concerned, everything was absolutely tickety-boo. The energy regulator, Ofgem, had recommended it would be a good idea if 3 million people were no longer ripped off. What more could anyone want? Quite a lot, actually. Al
  
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• Google's DeepMind Trial With Patient Data Violated UK Law - Financial Express

  03-07-2017 20:06
  
  Financial Express
  Google's DeepMind Trial With Patient Data Violated UK Law
  Financial Express
  A landmark medical trial involving Alphabet Inc.'s DeepMind artificial intelligence division violated British data protection laws, the U.K.'s top privacy watchdog ruled. By: Bloomberg | Published: July 3, 2017 11:34 PM. 13. Shares. Facebook · Twitter ...en meer »
  
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• Dow Jones hits all-time record high as energy and banks stocks gain in US

  03-07-2017 19:51 via feedproxy.google.com
  
  THE S&P 500 and Dow Industrials moved higher today, with the Dow hitting an intraday record as energy and bank stocks gained, but continued weakness in the technology sector pulled the Nasdaq lower.
  
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• Commission's UK financial services experts sidelined due to Brexit talks - POLITICO.eu

  03-07-2017 19:13
  
  POLITICO.eu
  Commission's UK financial services experts sidelined due to Brexit talks
  POLITICO.eu
  Officials are concerned they will overhear sensitive Brexit intel they can feed back to Britain. By Fiona Maxwell. 7/3/17, 5:13 PM CET. Updated 7/3/17, 6:53 PM CET. The European Commission is set to reshuffle scores of seconded British experts working ...
  
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• Funding Circle lures financial officer from UK's Auto Trader - American Banker (subscription)

  03-07-2017 18:43
  
  American Banker (subscription)
  Funding Circle lures financial officer from UK's Auto Trader
  American Banker (subscription)
  The marketplace lender Funding Circle has named an online auto sales executive as chief financial officer. The London company on Monday said it has appointed Sean Glithero to the position effective immediately.
  
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• Millions betrayed by Tories’ energy price cap U-turn, says Labour

  03-07-2017 18:39 via theguardian.com
  
  Shadow energy minister says Ofgem plan ‘falls far short’ of Theresa May’s general election promiseLabour has accused the government of betraying millions of households after the energy regulator published proposals to extend a price cap for vulnerable customers that fell well short of the Conservatives’ election promises.Theresa May had pledged a price cap on energy bills for 17m families during the general election campaign, but the policy was missing from the Queen&rsqu
  
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• Wealthy UK farmers to get less financial support after Brexit - Agriland

  03-07-2017 17:17
  
  Agriland
  Wealthy UK farmers to get less financial support after Brexit
  Agriland
  Wealthy UK farmers will receive lower subsidies when Brexit takes effect, the head of the Department for Environment, Food and Rural Affairs (DEFRA) has confirmed. Speaking on the BBC's Andrew Marr Show yesterday, July 2, Michael Gove also ...en meer »
  
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• Barclays, execs in UK court over fraud allegations - Financial Post

  03-07-2017 15:58
  
  Financial Post
  Barclays, execs in UK court over fraud allegations
  Financial Post
  Former Barclays chief executive John Varley arrives for a hearing for charges of fraud at Westminster Magistrates Court, London, Monday, July 3, 2017. Barclays and four of its former executives, including its former CEO, are set to appear in court on ...en meer »
  
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• The Brexit bill for UK banks? Up to $17 billion, warns financial industry group - MarketWatch

  03-07-2017 14:05
  
  MarketWatch
  The Brexit bill for UK banks? Up to $17 billion, warns financial industry group
  MarketWatch
  U.K. banks could be saddled with up to $17 billion in extra costs to relocate parts of their businesses to the European Union after Brexit, according to a study by a key financial industry group. In a report out on Monday, the Association for Financial ...
  UK finance lobbyists head to Brussels to talk Brexit optionsFinancial Postalle 142 nieuwsartikelen »
  
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• Pound v Australian dollar: GBP tumbles against AUD as UK manufacturing PMI disappoints

  03-07-2017 12:07 via feedproxy.google.com
  
  THE pound slipped against the Australian dollar this morning as the June UK manufacturing PMI performed worse-than-expected.
  
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• Artificial intelligence takeover: Workers told to be READY for rise of machines

  03-07-2017 11:28 via feedproxy.google.com
  
  BUSINESSES and the Government must ready the nation’s workforce for the rise of artificial intelligence to ensure companies can ride out the “cliff edges” created by the technological revolution, according to PwC.
  
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• Barclays and four top bankers in court over side deals during financial crisis

  03-07-2017 10:07 via feedproxy.google.com
  
  BARCLAYS and four former top bankers are due to appear in court over side deals struck during emergency fundraising at the height of the financial crisis.
  
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• Skills shortage costs British businesses £2bn a year, survey finds

  03-07-2017 08:01 via theguardian.com
  
  Open University says firms pay extra for recruitment, temps and inflating salaries and advises them to train their staff Skills shortages in Britain are costing businesses more than £2bn a year in higher salaries, recruitment costs and temporary staffing bills, according to research by the Open University.Its survey of 400 firms found 90% had faced difficulties recruiting workers with the required skills in the last 12 months. The findings will add to concerns that employers are already st
  
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• Take Pride in diversity: how to support LGBTI people at work

  03-07-2017 08:00 via theguardian.com
  
  With London Pride parade taking place this weekend, we look at the year-round ways that business owners can make their firms more inclusiveWhen Joseph Williams came out as gay in front of a former boss and client, he didn’t expect to be fired. He was dismissed, he was told by human resources, for intentionally damaging the company brand and committing gross misconduct in front of the client. The case was settled out of court, but it’s not the only time Williams hasn’t been able
  
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• Generous Sainsbury’s makes a point about its evouchers

  03-07-2017 08:00 via theguardian.com
  
  It’s all in the small print … evouchers are non-transferableI am writing to complain about Sainsbury’s “evouchers”. I had placed an online order, and several replacement products were sent, so I received an evoucher for the difference (an evoucher is a 12-digit code which can be entered on the website to receive a discount for an online order. You click “add voucher” at the checkout and this is deducted from the total of your order). A few days later I
  
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• One in seven UK private tenants pays more than half income in rent – study

  03-07-2017 07:01 via theguardian.com
  
  Only 2% of homeowners spend similar a salary percentage on their mortgage, according to LGA researchOne in seven tenants privately renting from a landlord is paying more than half of their income in rent, compared with just 2% of homeowners who pay more than half their income on their mortgage, according to new research.The Local Government Association, which compiled the figures, said high rents were preventing young adults from saving up for a deposit for a home of their own. It said the avera
  
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• Warning over 'shrinking talent pool' costing businesses more than £2 billion a year

  03-07-2017 01:01 via feedproxy.google.com
  
  THE skills gap is costing businesses more than £2 billion a year in recruitment costs, hiring temporary staff and higher pay, a report says.
  
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• The Crusader: Mystery debits add to EXECUTOR's burden

  03-07-2017 01:01 via feedproxy.google.com
  
  An executor’s job can sometimes be an uphill one a diligent daughter found when, just after sorting out her late dad’s affairs, she spotted some mystery withdrawals popping up.
  
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• Sports Direct boss Mike Ashley prepares for court fight with finance expert over shares

  03-07-2017 01:01 via feedproxy.google.com
  
  NEWCASTLE UNITED owner and sportswear firm boss Mike Ashley is preparing for a High Court fight with a finance expert.
  
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• Pound V euro: GBP holds 10-day high against EUR

  03-07-2017 01:01 via feedproxy.google.com
  
  AFTER rallying to a 10-day high against the euro last week, the pound managed to continue trading around that level on Monday.
  
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• Oil and gas shares suffer June drop due to slump in oil prices

  03-07-2017 01:01 via feedproxy.google.com
  
  SLUMPING oil prices saw shares across the oil & gas sector crumple in June.
  
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