Financial news

• UK Financial Markets: Pros and Cons of Being a Private Investor - The Market Oracle

  18-11-2017 20:51
  UK Financial Markets: Pros and Cons of Being a Private Investor
  The Market Oracle
  By Dividend Investments : By definition, a private investor refers to a certain person or a private company who has privately held shares that are not traded in the stock market for investments. Thanks to newly-launched regulations, policies and online ...en meer »
  
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• Asos overtakes M&S – is this the UK high street's Tesla moment?

  18-11-2017 11:00
  Online fashion firm tops Marks & Spencer’s market valuation of £4.88bn as shopping stalwarts stumble and internet retailers thriveMarks & Spencer has been usurped by online rival Asos in what has been described as the high street’s “Tesla moment” as old retailing stalwarts get overtaken by new online rivals.The 17-year-old fashion website has been biting at M&S’s heels for several months but on Friday its shares gained 2%, boosting its market value
  
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• Older people face paying £34,000 a year to go into a care home

  18-11-2017 08:00
  With the average price of residential care increasing at its fastest rate ever in 2016, we face a ‘prolonged crisis’ in provisionThe cost of being in a UK care home rose at its fastest rate last year and is now an average of £33,904 a year – up almost 10% on the 2016 figure.Ahead of next week’s budget, which may reveal the latest government thinking on the cost of care timebomb, research from Prestige Nursing + Care has revealed the latest costs and a huge disparity
  
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• Landlady left with £9,500 rent arrears by tenant on universal credit

  18-11-2017 08:00
  Property owner says she will not rent to recipients again – as fears rise more will follow suit A Croydon-based landlady has vowed never again to let her property “to anyone on universal credit” after the tenant installed by the council was switched to the new benefit and disappeared owing her around £9,500 in rent.Amira Khan* says she feels let down, angry and “in debt to everyone” as a result of Croydon council being one of the first to adopt the government&
  
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• Is paying to attend a birthday party now normal?

  18-11-2017 08:00
  My brother has grand plans that don’t stretch to him forking outEvery 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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• House prices aren’t the issue – land prices are | Patrick Collinson

  18-11-2017 08:00
  There’s a simple solution that will give us cheaper homes – if only the chancellor would listenWhile reporting on the recent court case where controversial landlord Fergus Wilson defended (but lost) his right to refuse to let to Indians and Pakistanis, I learned something about how he’s now making money. He is now far from being Britain’s biggest buy-to-let landlord. He’s down to 350 homes, from a peak of 1,000. And what’s he doing with the cash made from sale
  
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• Autumn budget 2017: a sneak peek inside the chancellor’s red box …

  18-11-2017 08:00
  A cut in stamp duty for first-time buyers? Lower student loan interest rates? Out with the winter fuel allowance? We look at next week’s likely announcementsDon’t expect much in the way of fireworks when the chancellor reveals his second budget on Wednesday lunchtime. Philip Hammond’s hands are manacled by Brexit uncertainty, public finances remain tight, and the outlook is worsening as forecasts for future economic growth are slimmed back. Yet, in a bid to woo younger voters,
  
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• Cost of Christmas dinner rises 5% – but there’s good news from Brussels … sprouts

  18-11-2017 07:59
  As food prices rise in the wake of Brexit, we count the cost of your festive feast. But you don’t have to be a Scrooge – £20 can still feed six peopleThe big supermarkets have raised the cost of Christmas dinner by around 5% this year, according to analysis for Guardian Money, far outstripping the 2.1% rise in average wages in 2017. But while Brexit may be blamed for food price rises, there is good news from Brussels – sprouts are down by as much as a third.You may, howev
  
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• Carillion announce £1.15billion half-year loss

  18-11-2017 01:01 via feedproxy.google.com
  CARILLION lost nearly half its market value yesterday as it cracked under the strain of rising debts and falling profits.
  
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