Financial news

• Two million UK families face £50-a-week cut in income

  09-09-2017 22:30 via theguardian.com
  Households with children make up more than 80% of those set to lose out as pressure grows for end to austerityMore than 2 million poor families will be more than £50 a week worse off by the end of the decade, according to an alarming analysis of welfare cuts, crippling rent rises and looming inflation.In a bleak assessment of the plight of the poorest families in Britain, the study commissioned by the Local Government Association found that more than 84% of those set to lose £50 a we
  
  Read more

• EU Warns UK Over Irish Border, Customs - Financial Tribune

  09-09-2017 21:39
  Financial Tribune
  EU Warns UK Over Irish Border, Customs
  Financial Tribune
  T he UK wants to leave not just the European Union but also the customs union and single market. This is not compatible with their plans for a 'soft border' in Ireland, according to EU negotiator Michel Barnier. Michel Barnier, the EU chief negotiator ...
  The UK Government Must Correct Brexit TalksFinancialbuzz.comalle 119 nieuwsartikelen »
  
  Read more

• The $1tn question: how far can the new iPhone 8 take Apple?

  09-09-2017 17:00 via theguardian.com
  The company is within reach of a stock market milestone: this week’s product launches could see it achieve a 13-figure valuationApple’s stock market value is heading towards a new milestone and its latest product launch on 12 September could push the tech giant closer to becoming the first ever $1tn (£760bn) company.At the end of last week, the company’s market capitalisation hovered around $830bn, continuing a 10-year run that has generally headed upwards since a low of
  
  Read more

• Millennials wish they had grown up in baby boomers' times – survey

  09-09-2017 11:42 via theguardian.com
  Resolution Foundation study reveals growing concern about debt, job security, home ownership and retirement financesCrippled by student and credit card debt, struggling to get on the property ladder and suffering a stagnating quality of life, it may come as no surprise that some “generation rent” millennials wish they had been born in their parents’ era.
  A survey by the Resolution Foundation has found that 48% of respondents think millennials – those born between 1981 and
  
  Read more

• Advertisement

• SavvyWoman calls on banks to make joint account rules clearer for couples

  09-09-2017 11:01 via feedproxy.google.com
  Confusion over joint bank account rules is rife among couples, leaving them vulnerable to serious knock-on consequences, according to latest research from advice site SavvyWoman.co.uk and M&S Bank.
  
  Read more

• Can Poland's answer to Topshop make it on Oxford Street?

  09-09-2017 09:00 via theguardian.com
  Reserved has signed a £42m lease for the old BHS flagship store but securing a foothold in the UK clothing market may take more than money … and Kate MossIt’s that time of year when thousands of fashion buyers, press and “digital influencers” decamp to London to take in the catwalk shows that will shape what we wear come spring.On Wednesday, the Polish brand Reserved put on a show of its own, hiring Kate Moss to draw the fashion crowd to its debut store on London&r
  
  Read more

• Monzo? It might just be the future of banking

  09-09-2017 08:00 via theguardian.com
  The smartphone-only bank account has rapidly built an almost cult-like following among young adultsTen years ago this week thousands of people were queueing outside Northern Rock to take all their money out. A decade on, 25,000 people are currently queueing to put their money into a bank – one that appears to have won an almost cultish following among young adults.Anyone without a smartphone (and even most of those with one) and anyone over 40 years old is likely to be unaware of the Monzo
  
  Read more

• How your pension pot can help claw back lost child benefit

  09-09-2017 08:00 via theguardian.com
  Earn between £50,000 and £60,000? By making a simple tax change you can legally save up to £1,789 a yearThousands of families are failing to take advantage of a little-known quirk in the tax rules which means that paying more into your pension gives you more child benefit.Steve Webb, a former pensions minister, says large numbers of families where one parent earns more than £50,000 a year are “unnecessarily” losing out on child benefit. This “lost”
  
  Read more

• Advertisement

• How to fly Ryanair without paying all the extras

  09-09-2017 08:00 via theguardian.com
  The airline has announced changes to its baggage policy, including £5 for ‘priority boarding’. But there are ways around itRyanair this week overhauled its baggage policy in a bid to encourage more customers to pay £5 for “priority boarding”, while pushing through a sneaky rise in charges for hold baggage – despite headlining its official press release “Ryanair to lower checked bag fees”.The reality is that some passengers will be forced to p
  
  Read more

• How do we deal with overhanging trees in our garden?

  09-09-2017 08:00 via theguardian.com
  The neighbour’s peach tree is encroaching and he’s a tricky customerEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question: Continue reading...
  
  Read more

• Don't dig deep for a pre-paid funeral plan

  09-09-2017 08:00 via theguardian.com
  About 1.3 million people in the UK have purchased a funeral plan, but experts warn they could become a national scandalTens of thousands of people are at risk of being left out of pocket because of a growing “national scandal” involving pre-paid funeral plans, it was claimed this week. One consumer body that has investigated the sector said it believes some companies offering these plans could be operating a “quasi-Ponzi scheme”, where they allegedly use money from new cu
  
  Read more

• Does Peter Hargreaves have a whale of an opportunity for UK investors?

  09-09-2017 07:59 via theguardian.com
  The billionaire co-founder of Hargreaves Lansdown explains why he is putting £25m into his new Blue Whale fundThe man who co-founded the investment company Hargreaves Lansdown above a firm of estate agents in 1981, and is now worth £2bn after floating it on the stock exchange, is launching a fund management group called Blue Whale.Peter Hargreaves is backing the new fund group with £25m of his own money, and opening the doors to anyone with at least £1,000 to invest as a
  
  Read more

• REVEALED: Bank of England fears over Deutsche Bank's Brexit model

  09-09-2017 06:36 via feedproxy.google.com
  THE Bank of England has "significant concern" over authorisation for Deutsche Bank's UK branch ahead of Brexit, according to reports.
  
  Read more

• Car production line shift UK manufacturing up a gear as Brexit sees output soar 13 PERCENT

  09-09-2017 01:01 via feedproxy.google.com
  MANUFACTURING grew at its fastest this year in July after UK car production moved up a gear.
  
  Read more

Follow @financialnwsUK on Twitter!