Financial news

• Theresa May to champion free market in Bank of England speech

  27-09-2017 23:37 via theguardian.com
  PM expected to contrast her approach with that of Jeremy Corbyn, who has called for more state control at Labour conference A strong and properly regulated free-market economy is the only way to guarantee higher living standards, Theresa May will say on Thursday as she contrasts her economic approach with the call for more state control made by Labour at this week’s conference.In a speech to mark the 20th anniversary of the independence of the Bank of England, the prime minister will insis
  
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• Bully Boeing shows Donald Trump's 'America first' policy in action | Nils Pratley

  27-09-2017 20:15 via theguardian.com
  Brexit brigade should tell us why they think Britain will have any clout in US-UK trade negotiationsIf the Bombardier affair wasn’t so serious for the company’s workers in Belfast and Canada, Boeing’s hypocrisy would be a bad joke. The US company is a $150bn (£112bn) titan whose business is underpinned by a cosy relationship with the country’s Department of Defense and a near-duopoly with Airbus in the market for large commercial aircraft. It is grumbling about stat
  
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• Robots could destabilise world through war and unemployment, says UN

  27-09-2017 18:13 via theguardian.com
  United Nations opens new centre in Netherlands to monitor artificial intelligence and predict possible threatsThe UN has warned that robots could destabilise the world ahead of the opening of a headquarters in The Hague to monitor developments in artificial intelligence.
  From the risk of mass unemployment to the deployment of autonomous robotics by criminal organisations or rogue states, the new Centre for Artificial Intelligence and Robotics has been set the goal of second-guessing the possible
  
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• Catalan independence referendum 'is BIG risk to the euro'

  27-09-2017 16:58 via feedproxy.google.com
  THE Catalan referendum over independence from Spain spells disaster for the euro, experts have warned with the vote set to take place on Sunday.
  
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• UK Financial Conduct Authority Makes First Market Investigation Reference - The National Law Review

  27-09-2017 16:21
  UK Financial Conduct Authority Makes First Market Investigation Reference
  The National Law Review
  On September 14, 2017, the Financial Conduct Authority (FCA) confirmed that it was making a Market Investigation Reference (MIR) to the Competition and Markets Authority (CMA) in relation to services for investment consultancy and fiduciary management.en meer »
  
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• UK warns Boeing it could lose contracts over Bombardier dispute

  27-09-2017 14:58 via theguardian.com
  US decision to slap tariffs on Canadian-owned aircraft maker threatens to sour relations between London and WashingtonThe government has warned aircraft manufacturer Boeing it could lose UK defence contracts over its part in a US decision to slap punitive tariffs of 219% on rival Bombardier, in a dispute that threatens to sour trade relations between London and Washington.Theresa May said she was “bitterly disappointed” by the move to impose a tariff on sales of Bombardier’s C-
  
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• Harrison’s DESIGN flair proves a magnet for diners and drinkers

  27-09-2017 14:37 via feedproxy.google.com
  HOSPITALITY design expert Philip Harrison reinvents bars and restaurants turning pokey places into money-spinners and bringing value in the shape of local colour to international chains.
  
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• WEF issues GLOBAL financial crash warning on TWO huge world powers

  27-09-2017 13:37 via feedproxy.google.com
  THE fragile global economy is at risk of a crippling crisis, sparked by huge debt bubbles in China and India and a vulnerable banking system, the World Economic Forum has warned.
  
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• UK 'bitterly disappointed' as US trade ruling threatens jobs - Financial Post

  27-09-2017 13:05
  Financial Post
  UK 'bitterly disappointed' as US trade ruling threatens jobs
  Financial Post
  British Prime Minister Theresa May walks out at 10 Downing Street to meet European Council President Donald Tusk in London, Tuesday, Sept. 26, 2017.(AP Photo/Frank Augstein). The Associated Press. September 27, 2017 5:05 AM EDT. Last Updateden meer »
  
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• Activist backs UK banks after upping Lloyds stake - Financial News (subscription)

  27-09-2017 12:22
  Financial News (subscription)
  Activist backs UK banks after upping Lloyds stake
  Financial News (subscription)
  Harris Associates, the US activist investor that now holds 5% in Lloyds Banking Group, is maintaining a bullish stance on the UK's banking sector in spite of Brexit. Jason Long, a portfolio manager at Harris, said: "Some investors have shied away from ...
  
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• Macron relaunches financial transaction tax project, including the UK - EURACTIV

  27-09-2017 11:08
  EURACTIV
  Macron relaunches financial transaction tax project, including the UK
  EURACTIV
  Macron delivers a speech on the European Union at the amphitheater of the Sorbonne University in Paris, France, 26 September. [Ludovic Marin/EPA]. Languages: Français. Comments Print. French President Emmanuel Macron promised to allocate all future ...en meer »
  
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• UK leader 'bitterly disappointed' by US ruling on Bombardier - Financial Post

  27-09-2017 11:05
  Financial Post
  UK leader 'bitterly disappointed' by US ruling on Bombardier
  Financial Post
  British Prime Minister Theresa May walks out at 10 Downing Street to meet European Council President Donald Tusk in London, Tuesday, Sept. 26, 2017.(AP Photo/Frank Augstein). The Associated Press. September 27, 2017 5:05 AM EDT. Last Updateden meer »
  
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• Bombardier: May 'bitterly disappointed' as US tariff puts jobs at risk

  27-09-2017 09:35 via theguardian.com
  PM says she will work to protect jobs at Canadian aircraft maker in Northern Ireland after US imposes 219% trade levyThe government has warned Boeing it could lose UK defence contracts over its part in a US move to slap punitive tariffs on rival Bombardier, in a dispute that threatens to sour trade relations between London and Washington.Defence secretary Michael Fallon stepped up the government’s response to the tariffs, warning that Boeing’s assault on Bombardier “could jeopa
  
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• Settings that inspired literary classics – in pictures

  27-09-2017 08:00 via theguardian.com
  Anyone fancy some cider with three men on Watership Down?Continue reading...
  
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• Motorists left high and dry by AutoEurope if they are delayed

  27-09-2017 08:00 via theguardian.com
  The hire car broker’s vague T&Cs mean customers are being turned away empty handed if they are lateThree readers who booked holiday car hire through the online broker AutoEurope turned up at the rental desk to find that not only had their vehicle been given to someone else, but they also were not entitled to their money back.EC of Mitcham, Surrey, paid AutoEurope £401 to hire a car from a rental firm called Fox in Turkey. Her flight to Dalaman was two hours late and when she
  
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• Children are showing the kind of entrepreneurial spirit we mustn’t ignore

  27-09-2017 08:00 via theguardian.com
  Nearly half of British kids are starting side businesses to boost their pocket money. Former Dragons’ Den investor Sarah Willingham makes the case for teaching enterprise at schoolA few months ago, the world heard about teenager Nathan John-Baptiste, who built a £50,000-a-year tuck shop empire from the boys’ toilets. Dubbed the Wolf of Walthamstow, the schoolboy had 11 employees working across three schools before his operation was shut down. It’s entrepreneurial spirit w
  
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• How to save money on travel and commuting

  27-09-2017 07:00 via theguardian.com
  Saving Money Week From a daily commute to car hire and insurance, there are lots of ways to save money on getting about1 Drive down car insurance costs Insuring your car is compulsory but paying over the odds for cover certainly isn’t. The most important thing to do is shop around. Don’t be tempted to auto-renew – insurers cash in on customer apathy and reserve their best deals for new customers. You can reduce your premium by increasing the excess you would pay if claimed, but
  
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• Financial services focus of premier's trip to EU, UK | Cayman Compass - Cayman Compass

  27-09-2017 00:47
  Cayman Compass
  Financial services focus of premier's trip to EU, UK | Cayman Compass
  Cayman Compass
  Premier Alden McLaughlin led a government delegation to the United Kingdom and Brussels on Monday to promote Cayman's financial services sector.en meer »
  
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• Financial services focus of premier's trip to EU, UK - Cayman Compass

  27-09-2017 00:47
  Cayman Compass
  Financial services focus of premier's trip to EU, UK
  Cayman Compass
  Premier Alden McLaughlin led a government delegation to the United Kingdom and Brussels on Monday to promote Cayman's financial services sector. “As a leading international financial centre, it is important for Government to discuss current global ...en meer »
  
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