Financial news

• RBS Axes Further 259 UK Branches - Financial Tribune

  02-12-2017 21:38
  Financial Tribune
  RBS Axes Further 259 UK Branches
  Financial Tribune
  B ritish state-owned Royal Bank of Scotland said it will close 259 branches and cut 680 jobs as it reduces costs and encourages customers to use online and mobile services. The latest round of closures at the Edinburgh-based bank follow 180 announced ...en meer »
  
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• From paradise to blacklist: EU’s net starts to close on tax havens

  02-12-2017 17:00 via theguardian.com
  On Tuesday, Europe’s leaders intend to name a series of ‘non-cooperative jurisdictions’ on tax. But debate rages about the inclusion of some devastated Caribbean islands – and the suggestion that no EU state will be includedWhen Europe’s finance ministers sit down to a working breakfast in Brussels on Tuesday, after deciding whether to order the continental or the full English, the British delegation will be faced with an even tougher decision.Chancellor Philip Hamm
  
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• Drugs firms join fight against painkiller deaths epidemic

  02-12-2017 16:59 via theguardian.com
  New treatments for opioid addiction from industry finally trying to tackle problem it helped to createThe numbers in the US alone are astonishing: more than 53,000 people over 12 months; an average of 146 a day. This is the death toll from opioid overdoses last year, many of them from widely prescribed painkillers, such as tramadol, codeine and oxycodone.Donald Trump has declared America’s opioid problem a “public health emergency” as it spiralled into the deadliest drug epidem
  
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• UK warns government agencies not to use Kaspersky software - Financial Post

  02-12-2017 12:23
  UK warns government agencies not to use Kaspersky software
  Financial Post
  LONDON — Britain's cybersecurity agency has told government departments not to use antivirus software from Moscow-based firm Kaspersky Lab. Ciaran Martin, head of the National Cyber Security Centre, says “Russia is acting against the U.K.'s national ...en meer »
  
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• Should I try recipe meal kits?

  02-12-2017 08:00
  My partner and I work long hours, and I’m looking for a quick, healthier alternative to similarly priced takeawaysEvery 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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• Pensions aren’t the ticking timebomb – rents are

  02-12-2017 08:00 via theguardian.com
  Non-homeowners currently in their 50s face having to find huge amounts of money to pay ever-escalating rentsScottish Widows is the sort of unassuming pensions company that rarely likes to publicly criticise government policy. But an analysis it published this week is a stark warning about the ticking time bomb that will explode in 10 to 20 years’ time. And it’s not pension incomes that are the worry - it’s the fact that so many of tomorrow’s pensioners who never got on to
  
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• Homeowners trapped by ‘fleecehold’ – the new cash cow for developers

  02-12-2017 08:00 via theguardian.com
  They own the freehold but are forced to pay often escalating estate management fees with no accountabilityThousands of homeowners on private estates are facing unregulated and uncapped maintenance fees, amid allegations that developers have created a cash cow from charging for communal areas not maintained by the council.Management contracts for “unadopted” private estates are frequently sold off to speculators and property management companies in the same way as freeholds and ground
  
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• Ethical gift vouchers with the power to keep on giving and giving …

  02-12-2017 08:00 via theguardian.com
  Lendwithcare says its ‘microloans’ are proven to empower women and lift them out of povertyGive the gift that will help smash the patriarchy. That’s the proposition from aid charity Care International UK, which is offering an ethical Christmas gift that is “academically proven” to lift people – especially women – out of poverty and empower them economically.The charity has set up Lendwithcare.org, a peer-to-peer microfinance website that sells gift
  
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• Bitcoin: is it a bubble waiting to burst or a good investment?

  02-12-2017 08:00 via theguardian.com
  Disciples of the cryptocurrency plan to hold on for dear life but traditional finance is getting twitchyBitcoin is the fastest-growing asset in the world this year, but the virtual currency does not appear to have many users in London’s tech district. It has been more than a month since bitcoin was used to buy a flat white or craft beer sold at the Old Shoreditch Station, according to the hospitality manager at the east London bar.Bitcoin is the first, and the biggest, "cryptocurrency" &nd
  
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• Bitcoin bubble? The warnings from history

  02-12-2017 08:00 via theguardian.com
  From the tulip craze to the South Sea and dotcom bubbles, the past teaches us to beware too strong a dose of irrational exuberanceBitcoin is drawing comparisons with past economic bubbles, owing to its meteoric rise this year. Here are some perhaps poignant history lessons:Bitcoin is the first, and the biggest, "cryptocurrency" – a decentralised tradable digital asset. Whether it's a bad investment is the $97bn question (literally, since that's the current value of all bitcoins in existenc
  
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• Are your Christmas cards bringing joyful tidings for charity?

  02-12-2017 08:00 via theguardian.com
  Some sellers donate Scrooge-like sums, while others make a real difference. We pick the best festive offeringsIf you are planning to buy your charity Christmas cards this weekend, don’t forget to check the amount that is actually donated to the charity concerned - and to consider walking away if the sum isn’t a generous proportion of the purchase price.Over the last decade, the Charities Advisory Trust (and Guardian Money) has sought to highlight the often pitiful amounts that are so
  
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• To limit the harm done by Brexit, stay in the EU single market | Nicola Sturgeon

  02-12-2017 07:00 via theguardian.com
  Instead of appeasing the arch-Brexiteers, Theresa May should confront them to protect hundreds of thousands of jobs
  Next week the prime minister hopes to take a step forward in her government’s negotiations to leave the EU. Whether we voted leave or remain, all of us have an interest in ensuring progress is made. The talks come on the back of a scarcely believable transatlantic diplomatic row, with President Trump’s completely unacceptable retweets of the fascist, hate-fuelled Britai
  
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• Google refuses legal request to share pay records in gender discrimination case

  02-12-2017 02:58 via theguardian.com
  Tech company’s lawyers say it should not have to provide data on how men and women are compensated, as judge appears to take firm’s side on key issuesGoogle is resisting a legal request to disclose salary records in a class-action gender discrimination lawsuit, marking the technology company’s latest efforts to prevent scrutiny of how much it pays its female employees.Google attorneys argued in court on Friday that a judge should block a suit brought by former employees allegin
  
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• Adani Group: China Construction Bank won't grant loan, PR firm says

  02-12-2017 01:34 via theguardian.com
  News could deal a blow to Carmichael coal project, which has so far been declined finance by 25 commercial banksAdani Group’s Carmichael coal project will not be financed by the China Construction Bank, according to a statement by a public relations firm that says it represents the bank.If true, the news could be a blow to Adani’s plans to build Australia’s largest coal mine. It has turned to China for finance, following difficulties in getting subsidies from the Australian gov
  
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• Royal Bank of Scotland to close 62 branches and axe 700 jobs in shake-up

  02-12-2017 01:01 via feedproxy.google.com
  ROYAL Bank of Scotland is to close a quarter of its branch network and axe nearly 700 jobs in a move that unions claim could signal the end of face-to-face banking.
  
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