Financial news

• Divided UK, inconclusive election could put brakes on Brexit - Financial Post

  23-07-2017 22:11
  Financial Tribune
  Divided UK, inconclusive election could put brakes on Brexit
  Financial Post
  LONDON — Lucy Harris thinks Britain's decision to leave the European Union is a dream come true. Nick Hopkinson thinks it's a nightmare. The two Britons — a “leave” supporter and a “remainer” — represent the great divide in a country that stepped ...
  EU and UK at Odds Over Divorce BillFinancial Tribunealle 203 nieuwsartikelen »
  
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• Asda considers bid for B&M that would give it access to local stores

  23-07-2017 21:44 via theguardian.com
  Britain’s third-biggest supermarket could be next to diversify in response to budget competitors Aldi and Lidl Asda is considering a move for the discount chain B&M, in what would be the latest attempt by a major supermarket to diversify in the face of growing competition from cheaper rivals. A takeover of the budget retailer would be expected to cost more than £4bn. Asda, the third-biggest supermarket chain in Britain, has seen sales dwindle in the past three years and could use
  
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• ATOL and ABTA: Financial protection for your summer holiday

  23-07-2017 15:44 via feedproxy.google.com
  WHEN booking a summer holiday a quick glance at the small print will show whether your package has got ATOL or ABTA protection.
  
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• While Hammond looks for a magic money tree, Labour has found one | Larry Elliott

  23-07-2017 14:35 via theguardian.com
  If the chancellor is to fund higher spending without increasing borrowing, he will need revenue – step forward, Prof Avinash PersaudFor Spreadsheet Phil, the numbers look bad. Growth is weakening. Higher inflation means debt interest payments are rising. The recent election showed a nation heartily sick of austerity. There are pressures for higher public-sector pay.The one big initiative announced by Philip Hammond in his year or so as chancellor was to move the annual budget from the spri
  
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• Reckitt Benckiser: Weak pound drives revenue growth

  23-07-2017 14:05 via feedproxy.google.com
  THE weaker pound will drive double digit revenue growth when Reckitt Benckiser reports its first-half results tomorrow.
  
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• MARKETS SURGE: Tech stocks reach record highs - sparking CRASH fears

  23-07-2017 11:40 via feedproxy.google.com
  TECHNOLOGY stocks have smashed record highs last reached at the height of the dot.com bubble in March 2000, sparking renewed fears of a crash.
  
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• Big, bold … and broken: is the US shopping mall in a fatal decline?

  23-07-2017 11:39 via theguardian.com
  Once at the heart of the US consumer experience, the ubiquitous mall is in crisis. Of 1,200 across the country, just 50% are expected to be in business by 2023Twenty-five years ago this August, the Mall of America, America’s largest shopping mall, opened its many, many doors for business. The Minnesota mall is currently wrapping up a year of celebration at the dizzyingly vast temple to consumerism. It’s a celebration that comes, ironically, as America’s malls are dying. But not
  
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• Secure your worldly wealth: Tips to make sure you pass your wealth to the right person

  23-07-2017 11:30 via feedproxy.google.com
  YOU can’t take it with you, the saying goes, but you can at least make sure your worldly wealth goes to the right person.
  
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• Analysts warn that we may be in a tech bubble again, says HARVEY JONES

  23-07-2017 11:15 via feedproxy.google.com
  YOU never forget your first stock market bubble. For me it was the dot.com boom, which burst in March 2000.
  
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• Pressure on banking sector: Competition and regulators will squeeze revenues

  23-07-2017 10:59 via feedproxy.google.com
  THE banking sector is under renewed assault from tech-driven start-ups and aggressive regulators a decade after the credit crunch.
  
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• EE can deliver a real cliffhanger movie through new 4G

  23-07-2017 09:40 via feedproxy.google.com
  MOBILE phone supplier EE is using superfast mobile technology to put on cliff-edge performances for film lovers around the country.
  
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• Sixt took me for a ride over car hire cover

  23-07-2017 08:00 via theguardian.com
  It failed to include even basic insurance in its headline price, leaving me liable for up to €24,000For the second year in a row, I recently hired a car with Sixt (via the Kayak price comparison site) for six days in Corsica costing €146 (£129). Essentially, my complaint is that it hid a major change in its included insurance.I hire cars abroad a few times a year so have an excess insurance policy that covers me for any damage I cause up to £5,000. However, this year Sixt t
  
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• Frankly, banks – it’s time to give a damn about your image

  23-07-2017 08:00 via theguardian.com
  Ten years on from the credit crisis, things still aren’t looking good at two of our biggest financial institutionsAnother week, another chance to take a kick at the banks, which are collectively showing very few signs of wanting to improve their image a decade after the financial crisis.We have results from Barclays, which is the first time the bank has had to face the City since the unveiling of a date for its criminal trial – of ex-chief John Varley and three former colleagues &nda
  
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• Second home owners are destroying rural economies | Letters

  23-07-2017 01:05 via theguardian.com
  Incomers raise property prices and have little respect for history and cultureThe difficulties communities in rural England face in preserving their integrity will strike a chord west of Offa’s Dyke (“Why rural Britain needs a new deal”, Special Report).The problems described in your report are exacerbated in large parts of rural Wales, where the language and culture are under enormous pressure from a seemingly endless tide of second homers and elderly English retirees, whose m
  
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