Financial news

• Stock market crash WARNING: Black Monday is coming again - ex-trader

  07-10-2017 17:49 via feedproxy.google.com
  STOCK markets could be on course for a devastating crash amid warning signs another 'Black Monday' is about to hit investors, according to one former trader.
  
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• Sanctions on Russia is COSTING the European Union billions, figures reveal

  07-10-2017 17:35 via feedproxy.google.com
  SANCTIONS slapped on Russia by Brussels have inadvertently cost the European Union a staggering €30billion in lost income, according to a report.
  
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• How green is Britain’s record on renewable energy supply?

  07-10-2017 17:19 via theguardian.com
  About half of the power generated in the UK comes from low-carbon sources – here’s a breakdown of the four main sources of electricityAs one of the UK’s renewable energy chiefs has pointed out, electric cars won’t tackle climate change if they run off fossil fuels. Matthew Wright, managing director of Dong Energy UK, said that although plug-in cars could cut local air pollution, it would be a “pyrrhic victory” if they increased greenhouse gases from coal and g
  
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• Belgian ports batten down the hatches for Brexit trade shock

  07-10-2017 17:00 via theguardian.com
  In Zeebrugge, which does 45% of its trade with the UK, there is growing concern about the impact of the worst-case scenario – no deal, and the resumption of WTO tariffsGridlock at the border, vast motorway car parks and jobs lost: British ports have been vocal about the risks of a hard Brexit. In case Conservative MPs missed the message, the Port of Dover advertised at the party conference, warning that an extra two minutes on lorry inspections could lead to queues of 17 miles at Dover and
  
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• easyJet is looking to take advantage as rival airlines flop

  07-10-2017 14:40 via feedproxy.google.com
  EASYJET is aiming to use the “turmoil” in the cut-throat short-haul market to boost its European presence after carrying a record number of passengers over the summer.
  
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• Ryanair chief operations officer to quit crisis-hit airline

  07-10-2017 11:47 via theguardian.com
  Michael Hickey is first executive to resign at embattled airline following scrapping of thousands of bookingsRyanair’s chief operations officer will leave the crisis-hit airline at the end of the month, its chief executive, Michael O’Leary, has announced.Michael Hickey’s resignation comes after the Irish airline had to scrap the bookings of more than 700,000 passengers last month due to an apparent shortage of pilots, having failed to plan for enough leave for staff. Continue r
  
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• Pound SINKS against Euro amid fears Theresa May to be REPLACED by Boris Johnson

  07-10-2017 10:34 via feedproxy.google.com
  THE pound has plunged to its lowest level in more than three weeks against the euro, amid fears Theresa May is to be replaced as Prime Minister by Boris Johnson- at a crucial juncture in Brexit talks.
  
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• The collapse of Monarch: inside the doomed airline in its last days

  07-10-2017 08:00 via theguardian.com
  As managers scrambled to save the firm, there were few clues anything was awry – it was even still holding recruitment daysIn the week running up to the collapse of Monarch Airlines, one crew member noticed that something was awry. The soap had run out on a flight back to Gatwick and a request to replenish supplies was left unanswered. A few days later, on Monday this week, Monarch was no more: almost 2,000 staff would be laid off and the travel plans of 860,000 passengers would be disrupt
  
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• Start your own ethical business – it could make a world of difference

  07-10-2017 08:00 via theguardian.com
  Demand for ethical goods is soaring, but what’s the secret to launching a financially successful, socially responsible startup?When John Bird launched the Big Issue in 1991, he had no idea how to make money ethically – or how successful his magazine would turn out to be.“I wanted to create a sustainable alternative to begging, crime and prostitution for people stuck on the streets,” he says. “But I was not a saintly person. I’d go out, get drunk and roll into
  
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• Meet the millennials who are making a living from livestreaming

  07-10-2017 08:00 via theguardian.com
  Imagine earning a living by pointing a camera at yourself and chatting with people who then send you valuable giftsWould you livestream every aspect of your life? If you’re not a pop star or reality TV wannabe, the answer is probably no. But if you could earn more than £100 an hour for sitting in your bedroom talking to strangers around the world, would that tempt you to turn the camera on yourself?As an estate agent, Josh Day spends hours on his phone speaking to property buyers and
  
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• Is 11 too young for a mobile phone?

  07-10-2017 08:00 via theguardian.com
  My son says he’s the only one at his secondary school without oneEvery 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...
  
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• Does your travel insurance cover an airline going bust?

  07-10-2017 08:00 via theguardian.com
  The Monarch Airlines collapse highlights the need to check the fine print in your travel policyIf you have an annual travel insurance policy you may want to dig out the paperwork and find out whether you have “scheduled airline failure” cover, because given the state of the industry at the moment, you will almost certainly want a policy that includes it.In the wake of last weekend’s Monarch collapse, Guardian Money has been examining the terms and conditions of some of the UK&r
  
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• Camelot lauded by campaigners for closing expensive 0844 lines

  07-10-2017 08:00 via theguardian.com
  Fair Telecoms Campaign says councils should follow National Lottery operator in ditching numbers that charge up to £2.60 a minuteCampaigners have praised the firm behind the National Lottery after it quietly abandoned an 0844 phone line. But they have warned that too many councils are still using the expensive numbers.A year ago, Guardian Money highlighted how Camelot had expanded its use of 0844 phone lines, to the huge annoyance of its customers and partner retailers. In some cases, cons
  
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• Holidaymakers 'struggle to find accurate financial protection information' - AOL UK

  07-10-2017 07:49
  AOL UK
  Holidaymakers 'struggle to find accurate financial protection information'
  AOL UK
  Holidaymakers struggle to obtain accurate information from travel firms about financial protection, an investigation has found. Staff at travel companies have a "lack of knowledge" about what is covered by the Atol scheme, research by Which? Travel ...en meer »
  
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