Financial news

• Balfour Beatty forecasts growth under chief executive Leo Quinn

  16-08-2017 23:37 via feedproxy.google.com
  BALFOUR Beatty built a near-70 per cent rise in half-year profit and forecast further growth as its turnaround under chief executive Leo Quinn gathered momentum.
  
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• The fallout from Trump closing down his advisory panels is just beginning | Nils Pratley

  16-08-2017 21:29
  A breakdown in relations between business chiefs and President Trump will damage confidence and hurt share pricesAmerica’s chief executives finally seem to have got the message about President Trump. There is little benefit in trying to maintain sweet relations with a president whose ability to deliver tax cuts is fading by the day. But there is real reputational risk in being the last corporate suit still lending him support.With the bosses resigning in droves from Trump’s two advis
  
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• Leaseholding as the utopian alternative | Letters

  16-08-2017 20:04 via theguardian.com
  Cohousing schemes save up their ground rents for improvements and for emergencies, writes Jane BlackburnI write in support of Stephen Hill’s letter (It’s not leaseholds that are the problem, 4 August). Leasehold tenure is the choice of many utopian communities, from the garden cities of the early 20th century to the cohousing schemes now emerging in Britain.At Cannock Mill Cohousing Colchester, we have taken matters into our own hands to get the retirement lifestyle we want – b
  
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• Now Asia eyes up City after Brexit despite EU attempts to snatch business

  16-08-2017 19:09 via feedproxy.google.com
  BREXIT will not diminish the opportunities for Asian investment in British financial services, the City of London Corporation has claimed.
  
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• Downward spiral: dismayed Walnut Whip lovers react to loss of nut

  16-08-2017 17:41
  Twitter users cry sacrilege and blame Brexit for downsizing of chocolate treat after Nestlé relaunches it as Whip
  It was bad enough when great glacial valleys appeared between the peaks of Toblerone bars, and the shrinkflation fairy spirited away 15% of the Maltesers in each packet overnight. Outrage has now greeted the launch of a new confection: the Whip, which comes without the crowning walnut in name or in the chocolate flesh.Continue reading...
  
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• UK car buyers turn to secondhand vehicles

  16-08-2017 17:16 via theguardian.com
  Figures suggesting new car market is cooling could alleviate concerns over credit bubble in motor financeThe British car market is coming under increasing pressure as consumers turn away from buying new models after a squeeze on earnings, favouring secondhand cars instead. Figures show the number of used cars bought using finance increased by 7% in June compared with the same month a year ago, according to the Finance and Leasing Association, which represents about 86% of borrowing against vehic
  
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• Inheritance tax: The trick that allows grandparents to avoid death duty

  16-08-2017 17:05 via feedproxy.google.com
  GRANDPARENTS can use an inheritance tax loophole to protect assets and help younger family members with the cost of university, according to experts.
  
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• Amazon to create 1,000 jobs in UK to seize ‘fantastic opportunities’ after Brexit

  16-08-2017 16:33 via feedproxy.google.com
  AMAZON has unveiled plans for a new warehouse near Bristol that is set to create over 1,000 jobs in a bid to meet growing customer demand.
  
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• How you can build up a £100,000 pension pot from NOTHING even in your FORTIES

  16-08-2017 16:02 via feedproxy.google.com
  WORKERS in their forties have been urged to take action to build a pot that can boost retirement income by up to a third.
  
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• China's dangerous debt mountain could spark huge GLOBAL COLLAPSE, the IMF warns

  16-08-2017 15:50 via feedproxy.google.com
  CHINA'S surging debt is a dangerous risk that could plunge its economy into crisis and drag the world down with it, the International Monetary Fund has warned.
  
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• Laura Ashley shares PLUNGE after fashion chain issues profits warning

  16-08-2017 15:05 via feedproxy.google.com
  LAURA Ashley shares plunged 2p to 9p yesterday – a 14-year low – as the homewares and fashion chain sounded another warning.
  
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• Brexit hampers financial crisis recovery as it dominates Government efforts, says ... - Express.co.uk

  16-08-2017 13:50
  Express.co.uk
  Brexit hampers financial crisis recovery as it dominates Government efforts, says ...
  Express.co.uk
  BREXIT could damage Britain's full recovery from the 2008 financial crisis because the negotiations with the European Union take up too much Government time, according to former Chancellor Norman Lamont. By Joe Barnes. PUBLISHED: 11:50, Wed, Aug ...
  UK 'still haggling' with EU over financial terms, David Davis saysBusiness Reporter
  UK says it may seek 'temporary' customs union
  
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• Pound v US dollar: GBP rallies from six-week low against USD

  16-08-2017 13:27 via feedproxy.google.com
  THE pound rallied against the US dollar this morning as Britain’s latest employment data impressed investors.
  
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• Pound V euro: GBP rises against EUR as UK wage growth accelerates and unemployment falls

  16-08-2017 13:13 via feedproxy.google.com
  STRONG labour market data has today boosted the pound against the euro, allowing sterling to rise 0.3 per cent to €1.098.
  
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• GERMAN FINANCE WARNING: Economy growth expectations missed as imports outweigh exports

  16-08-2017 12:02 via feedproxy.google.com
  GERMANY'S growth missed expectations in the second quarter of 2017, as experts warned of a slowdown in economy expansion later this year.
  
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• Will 2017 be Rupert Murdoch's summer of despair? | Jill Abramson

  16-08-2017 12:00
  While the mounting sexual misconduct cases are problematic, the shameful Seth Rich story that Fox propagated could be the coup de grace for the Sky dealJill Abramson is a Guardian columnist
  If 2016 was Rupert Murdoch’s summer of discontent, this could be the summer of his despair. It was a little more than a year ago that the Roger Ailes sexual harassment scandal erupted. Then came a cascade of related sexual misconduct lawsuits against various Fox on-air personalities and executives. Aile
  
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• Trains are too expensive. But transport’s real problem is subsidies for London | Wanda Wyporska

  16-08-2017 10:59 via theguardian.com
  Larger rail and bus subsidies for the capital and south-east mean many on low incomes lose out. The government needs to prioritise transport in poorer areasIf there is one piece of news guaranteed to draw ire from embattled commuters, it is the annual hiking of season rail ticket fares. As anyone forced to endure the nightmarish vagaries of public transport can attest, whatever the cost of a seat (if you’re lucky enough to get a seat), commuting on trains that are often overcrowded and lat
  
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• Student finances: How to manage money at university

  16-08-2017 09:47 via feedproxy.google.com
  TOMORROW is A-level results day, but the hard work begins when students start to learn how to handle their own finances.
  
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• POUND LIVE: Pound jumps and predicted to bounceback against euro

  16-08-2017 09:34 via feedproxy.google.com
  THE pound jumped against the euro amid the latest employment data, as experts predicted sterling is set to jump further against the eurozone currency in coming months.
  
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• POUND LIVE: Pound falls but set to bounceback against euro, economy expert says

  16-08-2017 09:34 via feedproxy.google.com
  THE pound sank lower against the euro on Wednesday ahead of employment data, but sterling is set to jump back against the eurozone currency in coming months, according to one expert.
  
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• Properties in beauty spots – in pictures

  16-08-2017 08:00 via theguardian.com
  Scenery scenery everywhere – from St Ives to Sesto FiorentinoContinue reading...
  
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• From standup comedy classes to free massages – wellness at work goes mainstream

  16-08-2017 08:00
  It’s not just corporate giants like Google that run impressive wellbeing schemes. Smaller businesses are coming up with innovative ways to keep staff happyWhen it comes to looking after people’s health and wellbeing in the workplace a complimentary bowl of fruit no longer cuts it. The corporate wellness industry is worth over $40bn (£31m) worldwide according to the Global Wellness Institute with companies looking after their workers’ wellbeing in a much more holistic way.
  
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• Family reunion is ruined as easyJet struggles to return my passport

  16-08-2017 08:00 via theguardian.com
  I had dropped it on the seat in front of me but it proved impossible for the airline to findI arranged for my two sisters and me to fly out on a surprise birthday visit to our fourth sister, who lives in Venice. We are all in our 70s and haven’t holidayed together since we were children. When I was putting my bag in the overhead locker of our easyJet flight, my passport, unbeknown to me, slipped onto the seat in front. The passenger who later occupied that seat handed it to a crew member,
  
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• PPI Complaints Still Top List For UK Financial Ombudsman - Law360 (subscription)

  16-08-2017 02:58
  PPI Complaints Still Top List For UK Financial Ombudsman
  Law360 (subscription)
  Law360, London (August 15, 2017, 2:04 PM BST) -- Payment protection insurance remained the U.K.'s most complained-about financial product between April and June, the Financial Ombudsman said on Tuesday, two years before the deadline for ...en meer »
  
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• PPI Complaints Still Top List For UK Financial Ombudsman - Law360 - Law360 (subscription)

  16-08-2017 02:58
  PPI Complaints Still Top List For UK Financial Ombudsman - Law360
  Law360 (subscription)
  Payment protection insurance remained the U.K.'s most complained-about financial product between April and June, the Financial Ombudsman said on ...en meer »
  
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• Stamp duty is making housing crisis WORSE

  16-08-2017 01:01 via feedproxy.google.com
  THE campaign to axe stamp duty is growing, with the hated tax being blamed for worsening the housing crisis.
  
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• Ice Kitchen seeks £100k to expand as its lavish lollies win over cool girls and the Finns

  16-08-2017 01:01 via feedproxy.google.com
  ICE KITCHEN, the maker of gourmet lollies for grown-ups, is embracing top tipple Prosecco as an ingredient this autumn as it looks to expand its ranges and raise £100,000 of investment.
  
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