Financial news

• Theresa May warns cabinet 'there is no such thing as an unsackable minister' - Politics live

  19-07-2017 17:56 via theguardian.com
  
  Rolling coverage of the day’s political developments as they happen, including Theresa May and Jeremy Corbyn at the last PMQs before the summer recessPMQs - Snap verdictPMQs - Verdict from the Twitter commentariatGauke’s statement saying stage pension age rising to 68 7 years early 4.56pm BSTOn state pensions, Nick Macpherson, the former Treasury permanent secretary, seems to be siding more with Labour than with the Tories. (See 2.46pm.)Raising state pension age discriminates against
  
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• Minister David Gauke tells Commons state pension age to rise to 68 – video

  19-07-2017 17:35 via theguardian.com
  
  David Gauke, the work and pensions secretary, announces in parliament that the state pension age will rise to 68 in 2037 – seven years earlier than previously expected. Making a statement in the House of Commons on Wednesday, Gauke says the change is necessary thanks to increases in life expectancy and argues that to do otherwise would “place an extremely unfair burden on younger generations”State pension age to increase seven years earlier than plannedContinue reading...
  
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• GlaxoSmithKline to sell UK Horlicks brand and scrap factory plans

  19-07-2017 16:51 via theguardian.com
  Company will close Slough plant where malt drink is made and axe proposed Cumbria factory with loss of about 320 jobsGlaxoSmithKline has unveiled plans to sell its Horlicks brand in the UK, shut the Slough plant where the malt drink is made and abandon a proposed £350m biopharmaceutical manufacturing plant in Cumbria.The planned factory at Ulverston was hailed five years ago as a boost to Cumbria by the then prime minister, David Cameron, but in a major blow to the area GSK says it no long
  
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• UK raises pension age from 67 to 68 starting in 2037 - Financial Post

  19-07-2017 16:32
  
  UK raises pension age from 67 to 68 starting in 2037
  Financial Post
  LONDON — Britain has accelerated plans to increase the pension age, as rising life expectancy continues to put pressure on the public purse. Work and Pensions Secretary David Gauke announced the change Wednesday, pointing out that paying for ...en meer »
  
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• State pension age to increase seven years earlier than planned

  19-07-2017 15:44 via theguardian.com
  
  Those born between 1970 and 1978 will now have to wait until they are 68 to claim pension, government announcesBritons born between 1970 and 1978 will have to wait an extra year, until they are 68, to claim their state pension, the government has announced.David Gauke, the work and pensions secretary, announced the controversial rise for about 7 million people in their late 30s and early 40s just before the House of Commons breaks up for its summer recess. Continue reading...
  
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• UK financial watchdog warns payment services on misleading ... - Financial Times

  19-07-2017 14:24
  FT Adviser
  UK financial watchdog warns payment services on misleading ...
  Financial Times
  Banks and companies that offer currency-transfer services have been put on notice by the UK's financial watchdog that they face investigations and potential ...
  UK's Financial Conduct Authority: The Use Of The Interbank Rate In ...Exchange News Directalle 9 nieuwsartikelen »
  
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• UK financial watchdog warns payment services on misleading currency rates - Financial Times

  19-07-2017 14:24
  FT Adviser
  UK financial watchdog warns payment services on misleading currency rates
  Financial Times
  Banks and companies that offer currency-transfer services have been put on notice by the UK's financial watchdog that they face investigations and potential penalties if they continue to market currency-converter tools to customers in a misleading way.
  UK's Financial Conduct Authority: The Use Of The Interbank Rate In Online ...Exchange News Directalle 6 nieuwsartikelen »
  
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• What next? How future gazing became big business

  19-07-2017 11:00 via theguardian.com
  Peering into the future is not only a popular pastime, it’s central to the business world and has spawned a global industryWith robots taking over and 3D-printed pizza for tea, the future is not for the faint-hearted. Yet, appetites abound for the continual stream of news about what tomorrow could bring – from the flying cars we’ll use to nip to the shops to the hi-tech homes we’ll live in. Related: Five ways to spot a business trend that will lastContinue reading...
  
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• End of the 'rip-off': all charges for paying by card to be banned

  19-07-2017 08:02 via theguardian.com
  
  Britons could save hundreds of millions a year as credit and debit card fees added to payments for goods and services are axed from JanuaryAll extra charges added to payments for goods and services made by card are to be outlawed, ending a “rip-off” that costs Britons hundreds of millions of pounds a year, the government has announced.Fees for paying with plastic – most commonly a credit card – are routinely levied on everything from low-cost flights and tax bills to cine
  
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• Who should pay for multiple errors on Travel Trolley flight tickets?

  19-07-2017 08:00 via theguardian.com
  
  I thought it was me, but after repeated mistakes by the firm, I think I should get a refundI booked flights online with Travel Trolley and the tickets were issued with a shortened version of my first name. Assuming this was my mistake, I agreed to pay the £66 fee to alter it. It then reissued the tickets with no change. I called up and it agreed to correct it, then reissued the tickets with my daughter’s name missing and my gender changed to a man.Continue reading...
  
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• The Guardian Business Made Simple event series

  19-07-2017 08:00 via theguardian.com
  Boost your tech skills and business knowhow by joining our masterclass and panel debate in Edinburgh on 28 September, 6pm-9.30pm If you run your own small business, this is an opportunity to learn from top entrepreneurs, industry leaders and experts. Let the experts guide you and your business through the tech world, gain new skills, listen to industry leaders debate the big issues and put your questions to them at our new event series, supported by Vodafone, in cities around the country –
  
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• Homes for about £150,000 – in pictures

  19-07-2017 08:00 via theguardian.com
  
  You don’t have to spend a fortune, but what you get varies massively – from a ‘wee stone segment’ in York to a French three-bedder with pool Continue reading...
  
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• Bitcoin crash LIVE updates: Digital currency latest as markets bounce back

  19-07-2017 01:00 via feedproxy.google.com
  
  BITCOIN prices have recovered after free-falling over the weekend, with traders "excited" by the prospect of a solution to the so-called Bitcoin civil war. Here is the latest news and price updates on the digital currency markets.
  
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• Bank of England unveils new £10 note featuring Jane Austen – video

  19-07-2017 00:20 via theguardian.com
  
  The new £10 note, featuring Jane Austen, was unveiled by the Bank of England on Tuesday to mark the 200th anniversary of the author’s death. The note is made of polymer and follows the launch of the Bank’s first plastic note last year. The notes will enter circulation on 14 SeptemberJane Austen banknote unveiled – with strange choice of quotationContinue reading...
  
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