Financial news

• UK Financial Sanctions: Extended Reporting Requirements | Hogan ... - JD Supra (press release)

  28-07-2017 21:08
  UK Financial Sanctions: Extended Reporting Requirements | Hogan ...
  JD Supra (press release)
  On 8 August 2017, the European Union Financial Sanctions (Amendment of Information Provisions) Regulations 2017 (the "Regulations") will come into force.en meer »
  
  Read more

• UK fire tests show 82 buildings have failed cladding systems - Financial Post

  28-07-2017 19:38
  Financial Post
  UK fire tests show 82 buildings have failed cladding systems
  Financial Post
  LONDON — British authorities have announced an independent review into building regulations after new tests identified 82 apartment towers whose cladding system failed to meet fire safety tests after the west London tower block blaze that killed at ...
  Six UK student buildings fail cladding fire safety testsFinancial Expressalle 400 nieuwsartikelen »
  
  Read more

• Capita told graduates to pay £21,000 for leaving unpaid training scheme

  28-07-2017 19:38 via theguardian.com
  Former trainees say they were told to repay money if they left scheme, which involved up to four months of unpaid training and had no guarantee of jobCapita, one of the UK’s largest outsourcing companies, has demanded payouts of up to £21,000 from graduates who tried to pull out of an unpaid training scheme under which they were not guaranteed a job.The company, which provides services ranging from electronic tagging of offenders to store card services for retailers and BBC licence f
  
  Read more

• Have a break, have a wasabi-flavoured KitKat

  28-07-2017 19:33 via theguardian.com
  Nestlé opens factory in Japan to sate taste for exotically flavoured versions of the venerable chocolate wafer, such as edamame bean or cherry blossomIn Britain the number of flavours available to KitKat fans can be counted on the fingers of two hands. In Japan the varieties on sale at any given time stretch to dozens, including purple sweet potato, edamame bean and wasabi, and owner Nestlé is opening a new factory to cater to demand.Opening on Tuesday in the western city of Himeji
  
  Read more

• Advertisement

• Let’s move to Brockley, south-east London

  28-07-2017 17:30 via theguardian.com
  It feels like London used to feel, only with decent coffeeWhat’s going for it? I like Brockley. Gentrification advances, but has yet to overwhelm the place. Duck down the odd back alley, squint and you might have slipped down a wormhole to 1978 when it was full of sociology students from Goldsmiths, bohemians and the scent of wacky baccy and rosebay willow herb. A glance in an estate agent’s window might break the spell, but the geography of hills, valleys and crisscrossing railway l
  
  Read more

• UK MBOs down 49% - Financial Director

  28-07-2017 17:21
  Financial Director
  UK MBOs down 49%
  Financial Director
  Management have become nervous of 'risky' moves as Brexit uncertainty continues, causing a drop in MBOs over the last 12 months. by Jamie Johnson | Moore Stephens - July 28, 2017. Brexit. Jamie Johnson, Director at Moore Stephens, examines the drop ...
  
  Read more

• Cheaper fuel helps IAG profits soar despite hit from BA IT failure compensation

  28-07-2017 17:19 via feedproxy.google.com
  BRITISH AIRWAYS owner IAG has reported a surge in profits, despite taking a hit from a major IT failure that caused travel chaos for tens of thousands of passengers in May.
  
  Read more

• UK stirring trouble in South China Sea: China - Financial Express

  28-07-2017 17:10
  Financial Express
  UK stirring trouble in South China Sea: China
  Financial Express
  China hit back at Britain after the country's Foreign Secretary Boris Johnson said two British aircraft carriers could be sent to patrol South China Sea. By: IANS | Hong Kong | Published: July 28, 2017 8:36 PM. 277. Shares. Facebook · Twitter · Google ...en meer »
  
  Read more

• Advertisement

• Lloyd's Banking Group post biggest half-year profit for eight years

  28-07-2017 17:07 via feedproxy.google.com
  LLOYDS Banking Group posted its biggest half-year profit for eight years as it benefited from Britain’s “resilient” economy.
  
  Read more

• Latham Snags Recent Quinn Hire For UK Financial Reg Group ... - Law360 (subscription)

  28-07-2017 16:51
  Latham Snags Recent Quinn Hire For UK Financial Reg Group ...
  Law360 (subscription)
  Latham & Watkins LLP announced on Friday it has hired a regulatory partner from Quinn Emanuel Urquhart & Sullivan LLP for its London financial institutions ...en meer »
  
  Read more

• INHERITANCE TAX SHOCK: Government rakes in £5BN record high from Britain's dead

  28-07-2017 15:47 via feedproxy.google.com
  THE amount rinsed from bereaved families by HMRC hit a record high last year, as the inheritance tax net catches yet more Britons, official figures revealed today.
  
  Read more

• Generation rent: why I'll never live in a three-bed cottage on the Yorkshire fells

  28-07-2017 14:00 via theguardian.com
  The communal utopia with my housemates didn’t last long. If only we’d known about this place…Every week, a member of generation rent writes about her dreams of property ownershipI was touched that Alex and Ginnie, my flatmates at the time, didn’t ask me to move out when I lost my job. With no savings to speak of, and the pair not convinced my collection of Happy Meal toys from 1994 was worth thousands, there were no guarantees I’d make next month’s rent. Inst
  
  Read more

• Diageo buys back £1.5 billion of shares as it cheers investors with bumper annual profits

  28-07-2017 13:34 via feedproxy.google.com
  SPIRITS giant Diageo insisted that buying back shares worth £1.5 billion would not prevent it chasing acquisitions as it cheered investors with bumper annual profits.
  
  Read more

• Santander cuts back mortgage lending as Bank of England warns over personal debt

  28-07-2017 13:23 via theguardian.com
  Consumer finance lending such as car loans and credit cards falls, as bank vows not to cut rates further for 123 accountSantander has reduced its mortgage lending and its loans for car purchase amid Bank of England warnings about reckless lending and a “spiral of complacency” over mounting consumer debt.Its total mortgage lending fell by £1bn to £11.6bn in the first half of 2017 compared with 2016, with lending for buy-to-let down significantly. Net lending – which
  
  Read more

• Santander cuts back lending amid Bank of England concern over personal debt

  28-07-2017 13:23 via theguardian.com
  Consumer finance lending such as car loans and credit cards falls, as bank vows not to cut rates further for 123 accountSantander has reduced its mortgage lending and its loans for car purchase amid Bank of England warnings about reckless lending and a “spiral of complacency” over mounting consumer debt.Its total mortgage lending fell by £1bn to £11.6bn in the first half of 2017 compared with 2016, with lending for buy-to-let down significantly. Net lending – which
  
  Read more

• Treasury chief: UK may need 3-year transition after Brexit - Financial Post

  28-07-2017 12:55
  Financial Post
  Treasury chief: UK may need 3-year transition after Brexit
  Financial Post
  Britain's Chancellor of the Exchequer, Philip Hammond, right, meets staff as he tours the IBM office on South Bank, London, as the preliminary estimates for 2017 Q2 GDP are published, Wednesday July 26, 2017. The economy grew by a quarterly rate of 0.3 ...en meer »
  
  Read more

• Financial Reporting Council yet to see 'overwhelming evidence of ... - insider.co.uk

  28-07-2017 12:53
  insider.co.uk
  Financial Reporting Council yet to see 'overwhelming evidence of ...
  insider.co.uk
  Audit watchdog the Financial Reporting Council (FRC) reports it has yet to see “overwhelming evidence of improvement” in the quality of UK audit work.en meer »
  
  Read more

• Barclays and Lloyds see profits LEAP in huge boost for Brexit Britain

  28-07-2017 12:33 via feedproxy.google.com
  TWO of Britain's biggest banks have seen profits jump in the first half of the year, results have revealed, as the UK gets set to leave the European Union .
  
  Read more

• GERMAN CAR CRISIS: Merkel's nightmare as diesel ban to see thousands of jobs LOST

  28-07-2017 12:07 via feedproxy.google.com
  THOUSANDS of German jobs are at risk amid a global push to switch from petrol and diesel cars to zero-emission vehicles, an investment expert has warned.
  
  Read more

• For richer, for poorer … a tenth of all wedding food is thrown away

  28-07-2017 08:01 via theguardian.com
  Couples splash out an average of £3,245 on food but end up throwing about £500-worth away Continue reading...
  
  Read more

• Entrepreneurs on Trump's startup visa block: 'this puts everything on hold'

  28-07-2017 08:00 via theguardian.com
  Although the US is still a desirable destination for overseas startups, the blocking of an Obama-era initiative is making some entrepreneurs think twiceAndrew Halliday has been planning to move to the US to run his blog, Exploring This Rock, for the past three years. But those plans are in disarray after the news that the introduction of a new startup visa is being blocked, an initiative he’d hoped to take advantage of. “I’ve already spoken to a couple of investors … in
  
  Read more

• Pound v US dollar: UK confidence back as GBP holds against USD

  28-07-2017 01:01 via feedproxy.google.com
  MARKETS are on hold ahead of the latest US growth data, allowing the pound sterling to cling on to opening levels against the US dollar.
  
  Read more

• Sky plans to splash out more on original dramas to rival Amazon and Netflix

  28-07-2017 01:00 via feedproxy.google.com
  SKY will splash out more on dramas and hire 300 new technology staff to keep pace with big spending rivals Amazon and Netflix.
  
  Read more

• Shell prepares for 'lower forever' oil prices after more than trebling quarterly profits

  28-07-2017 01:00 via feedproxy.google.com
  SHELL will continue with an efficiency drive to prepare for "lower forever" oil prices after more than trebling quarterly profits.
  
  Read more

Follow @financialnwsUK on Twitter!