Financial news

• Only a big-spending budget can save us from years of low interest rates

  05-08-2017 18:00
  As long as austerity continues to smother the economy it will be impossible to take the necessary steps to restore growthOne of the economy’s lingering tumours, one that needs the financial equivalent of radiation therapy, can be found inside the banking industry.According to a report last week, the banks continue to harbour bad debts that eat away at their health and prevent them functioning properly. Continue reading...
  
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• The president tweeted it – but is the US economy really great again?

  05-08-2017 17:00
  Last Monday, at the start of a chaotic week for his presidency, a defiant Donald Trump claimed there had been an upswing in America’s fortunes. Was he right?It was a boast that every political leader would be thrilled to make in a single tweet, especially when, like Donald Trump, they are in a hole and looking for a spade to dig themselves out. Trump tweeted: “Highest Stock Market EVER, best economic numbers in years, unemployment lowest in 17 years, wages raising, border secure, S.C
  
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• John Malone, the ‘swamp alligator’ chewing up the UK’s media market

  05-08-2017 17:00
  The global ambitions of Malone, owner of Discovery, have brought him repeatedly into conflict with his rival Rupert MurdochWhen the American billionaire John Malone failed in his first attempt to become a major player in the British pay-TV market a decade ago he questioned Rupert Murdoch’s power by dubbing Sky the Death Star. It was a rich comment coming from a man whose fearsome reputation for deal-making in the wild west days of the cable TV market in the 1970s and 80s led Al Gore, the f
  
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• Bitcoin news LIVE: Latest prices as Bitcoin cash falls but Bitcoin soars - Updates, charts

  05-08-2017 12:46 via feedproxy.google.com
  THE BITCOIN cash price is falling after a volatile start on the market for the new rival version of bitcoin. Here is the latest price, live updates, price charts and breaking news.
  
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• Letter to my younger self: comfort zones are for wimps

  05-08-2017 10:00
  Jane Strachan was in advertising for years before frustration at the sector’s resistance to change prompted her to go it aloneDear Jane,You’re about to land your first job in advertising and begin a 20-year rollercoaster ride. After a few false starts, you’ve finally landed a role at M&C Saatchi. Your first account will be a baptism of fire and you’re totally unprepared. It’ll be the hardest job you ever do, but the only way from here is up.Continue reading...
  
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• Student loans: graduates still face cash grabs of £300 a month

  05-08-2017 08:00
  Complaints continue to grow about the Student Loans Company from those who have paid off their debtGraduates who have paid off their student loans say they are continuing to have as much as £300 a month taken from their pay packets by the Student Loans Company, with some talking of two-year battles to obtain refunds. These are among the latest complaints from graduates who allege shocking treatment at the hands of the government-backed SLC – treatment, they argue, no other UK financi
  
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• Student debt: What is going on with the Student Loans Company?

  05-08-2017 08:00
  All you need to know about student debt and what is going wrongGraduates who have paid off their loans are continuing to have money taken off out of their pay packets by the Student Loans Company. So what is the SLC and what is going on with student debt? Continue reading...
  
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• Lifetime Isa proving popular as young savers rush to snap them up

  05-08-2017 08:00
  Around 28,000 people have taken out Skipton building society’s cash Lisa, while Hargreaves Lansdown has opened 22,000 accountsThey launched with a whimper rather than a bang, but four months on, Lifetime Isas – or Lisas – seem to be proving popular. This week, Skipton building society revealed that 28,000 people had opened its cash version of the Lisa in just six weeks. And investment firm Hargreaves Lansdown said it had opened more than 22,000.Launched in April, a Lisa lets yo
  
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• Fitbit is giving me the runaround after their device burned my wrist

  05-08-2017 08:00
  After wearing the fitness device for a day my skin appeared red and irritated – but the refund I was offered hasn’t been straightforwardI recently bought a £120 Fitbit Charge 2 at John Lewis but, having worn it for a day, I started feeling a pain on my skin under the strap. When I removed it, my skin was red and resembled a bad burn in feel and appearance.On Fitbit’s advice I returned the product in its original packaging with the receipt. They then assured me that upon r
  
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• Destination misery: seven ways they turned airports into hell

  05-08-2017 08:00
  From duty free rip-offs to no wifi, weary holidaymakers face more than just queuesThe scenes in airports across Europe this week, with holidaymakers queuing for four hours or more to pass through security, were utterly dispiriting. But then airport operators, with help from government border officials, have become adept at making the whole experience of passing through airports the worst part of a holiday, mostly in pursuit of profit rather than security. Here’s seven ways they make travel
  
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• Socially responsible retailers aim to end the ‘rent-to-own’ rip-off

  05-08-2017 07:59
  Fair for You is among the new breed of companies that are taking on pay-weekly retailers who target low-income familiesHow can the store chain BrightHouse get away with charging someone up to £1,560 for a washing machine when the exact same model can be bought elsewhere for £599?Perhaps it is examples like this that explain why the City watchdog this week tore a strip off “pay-weekly” retailers that target low-income families, saying it was concerned about the high costs
  
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• Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady

  05-08-2017 07:59
  Like many landlords, a first-time property investor is cashing out – after a profit of £190,000 almost entirely due to house price risesI bought my investment flat in 2004 for £155,000, the last to go in a new development just off Oxford’s Cowley Road. It was pre-crash, both in national and personal terms, and I entered into the business of being a “virgin landlady” with great optimism and enthusiasm.Thirteen years later I’ve decided to sell, despite the
  
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• Judge sets $30K bail for UK researcher in malware case - Financial Post

  05-08-2017 01:40
  Financial Post
  Judge sets $30K bail for UK researcher in malware case
  Financial Post
  FILE - In this Monday, May 15, 2017, file photo, British IT expert Marcus Hutchins speaks during an interview in Ilfracombe, England. Hutchins, a young British researcher credited with derailing a global cyberattack in May, has been arrested for ...en meer »
  
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• Eurozone's party is over: EU stock market could CRASH AND BURN, Deutsche Bank warns

  05-08-2017 01:00 via feedproxy.google.com
  THE eurozone could be in for a brutal stock market crash, as the outlook for the economy darkens, Deutsche Bank has warned.
  
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