Financial news

• Bitcoin vs Ethereum: Differences between Ether and bitcoin

  12-01-2018 20:53 via feedproxy.google.com
  BITCOIN and Ethereum have both soared in value over the past 12 months, securing the top two spots in the cryptocurrency market. But what is the difference between bitcoin and Ether?
  
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• Steelworkers' pensions subjected to 'feeding frenzy' by advisers

  12-01-2018 19:35 via theguardian.com
  Frank Field accuses FCA of not protecting workers over concerns at how the British Steel Pension Scheme was treated during Tata’s mergerThe UK financial regulator has been accused of “sleepwalking into another huge misselling scandal” by a Labour MP, after an investigation into how thousands of former steelworkers may have lost out following complex pension transfers that earned financial advisers large fees.Frank Field, the chair of the work and pensions select committee, accu
  
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• Ripple: Should you buy Ripple today? XRP value on the rise

  12-01-2018 17:58 via feedproxy.google.com
  RIPPLE prices are on the mend again after a drastic plunge on Monday shocked investor confidence in the XRP token. But does this mean you should invest in Ripple?
  
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• What is Ethereum? Second largest cryptocurrency soars more than $20 BILLION in a week

  12-01-2018 17:37 via feedproxy.google.com
  ETHEREUM was up again today, with its price skyrocketing by more than 28 percent in the past week. But what is Ethereum?
  
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• Ripple is NOT the next bitcoin experts say listing MISLEADS investors as price soars

  12-01-2018 17:34 via feedproxy.google.com
  THE price of Ripple has starkly risen this month, but cryptocurrency experts warn investors they are not buying into the next bitcoin.
  
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• Let’s move to Louth, Lincolnshire: ‘Worth the slog’

  12-01-2018 17:30 via theguardian.com
  It’s worth a detour to visit this historic market town where the ills of modern life have been kept at bayWhat’s going for it? Unless en route for Mablethorpe (and, let’s face it, most of us aren’t), one rarely passes by Louth. You have to make the effort. Pack sandwiches and a flask. Crawl behind tractors, caravans and lorries laden with potatoes, past squelchy fields and countless villages ending in -by. Twist and turn and rise and fall through the Lincolnshire wolds. A
  
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• Bitcoin price update: South Korea play down ban after cryptocurrency WIPEOUT

  12-01-2018 16:30 via feedproxy.google.com
  BITCOIN'S price fell as South Korea talks down its ban on cryptocurrency exchanges.
  
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• The company that runs Britain is near to collapse. Watch and worry | Aditya Chakrabortty

  12-01-2018 16:16 via theguardian.com
  Carillion builds schools, roads, hospitals – and it’s meant to be a big part of HS2. What’s more, if it goes bust, the bill will be picked up by taxpayersYou may never have heard of Carillion. There’s no reason you should have. Its lack of glamour is neatly summed up by the name it sported in the 90s: Tarmac. But since then it has grown and grown to become the UK’s second-largest building firm – and one of the biggest contractors to the British government. Nam
  
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• UK inflation: four in five workers fear cost of living squeeze, survey finds

  12-01-2018 15:54 via theguardian.com
  Rising inflation, falling living standards and static pay fuel anxiety across all income bands, thinktank findsAnxiety over future job and pay prospects has become entrenched among UK workers against a backdrop of falling living standards, Brexit uncertainty and the prospect of automation, a report has warned.Four out of five working people are concerned that inflation will outstrip their pay in future, despite high levels of employment, the Royal Society of Arts, Manufactures and Commerce said.
  
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• Pound hits highest level since Brexit vote - business live

  12-01-2018 15:45 via theguardian.com
  The pound surged to $1.3691 on Friday - the highest since the result of the EU referendum in June 2016 was known - on reports that Spain and the Netherlands are willing to back a soft Brexit dealGKN rejects £7bn hostile approach from MelrosePound hits four-month high against dollar 2.27pm GMT The rise in the pound seems to be down to this report from Bloomberg:Spanish and Dutch finance ministers have agreed to work together to push for a Brexit deal that keeps Britain as close to the Europ
  
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• Ripple rising: Price boost for Ripple after MoneyGram deal but bitcoin grinds to halt

  12-01-2018 15:35 via feedproxy.google.com
  RIPPLE enjoyed a price boost in the wake of its MoneyGram deal taking a step closer to the world of mainstream finance as rival bitcoin endured another week to forget.
  
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• Norway backs EU fishing policies remaining during Brexit transition

  12-01-2018 14:38 via theguardian.com
  North Sea curbs to last at least 21 months despite Michael Gove’s suggestion Britain would take back control of its watersThe EU’s insistence that quotas under the common fisheries policy for the seas around the UK will remain in force during a Brexit transition period has been backed up by the Norwegian government, dealing a fresh blow for Downing Street.Pers Sandberg, the Norwegian fisheries minister, said he expected talks between the EU, UK and Norway over fishing rights to be co
  
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• Cut-price chain B&M emerges as Christmas retail winner

  12-01-2018 14:21 via theguardian.com
  Sales at bargain chain rise to £837m, eating into market share of big four supermarkets, as shoppers seek out cheaper dealsThe discount chain B&M has emerged as a Christmas winner as hard-up shoppers shopped in its stores for cut-price chocolates, toys and alcohol.The retailer has become a magnet for shoppers who fill their trollies with household brands such as Kellogg’s, Whiskas and Walkers, which are sold more cheaply than in the more established supermarkets.Continue reading.
  
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• B&M emerges as Christmas retail winner

  12-01-2018 14:21 via theguardian.com
  Bargain chain eats into market share of big four supermarkets as sales soar to £837m with more shoppers switching to cheaper dealsDiscount chain B&M has emerged as a Christmas winner as hard-up shoppers bargain-hunted in its stores for cut-price chocolates, toys and alcohol.The retailer has become a magnet for shoppers who fill their trollies with household brands like Kellogg’s, Whiskas and Walkers, which are sold more cheaply than in the more established supermarkets.Continue r
  
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• Generation rent: why I’ll never live in the town I grew up in

  12-01-2018 14:00 via theguardian.com
  For years I hated my neighbourhood and wanted to live in ‘proper London’, and now I can only dream of a house in DagenhamWhen I started this column, I thought, “Any month now, I’ll get on the property ladder.” I imagined sharing the tribulations of house-buying: the estate agents who say “compact” when they mean “claustrophobia-inducing”, and psyching out the competition at open viewings (“I hear they’re opening a sewage
  
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• GKN rejects £7bn hostile approach from rival Melrose

  12-01-2018 12:15 via theguardian.com
  Vince Cable attacks bid but turnaround specialist Melrose plans to pursue interest as GKN unveils moves to split automotive and aerospace divisionsGKN, the FTSE 100 aerospace and automotive company which issued a shock profit warning in November, has rejected an unsolicited £7bn approach from rival Melrose and unveiled plans to split in two. A bid battle is now likely as Melrose, which specialises in buying struggling businesses, turning them round and selling them at a profit with the pro
  
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• Carillion crisis: take contracts back under public control, government urged

  12-01-2018 11:01 via theguardian.com
  Labour and unions demand recall of outsourced NHS, education and rail contracts from debt-hit construction firmThe government is being urged to bring contracts from Carillion back into public control amid fears the construction company could collapse.The firm is a major supplier to the government with contracts across education, the NHS and the rail industry, including HS2. Continue reading...
  
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• Margate public toilets for sale at £400,000 – in pictures

  12-01-2018 08:00 via theguardian.com
  You’ll need to be flush if you fancy buying the site of these loos with a view, which has planning permission for a three-bedroom home Continue reading...
  
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• Food firm Princes linked to inquiry into worker abuses in Italy's tomato fields

  12-01-2018 07:00 via theguardian.com
  British company uses supplier currently under investigation for exploiting migrant workers who pick fruit sold in UK and European supermarketsThe British food company Princes has become the latest firm linked with an investigation into labour abuses involving migrant workers who pick tomatoes in southern Italy for the plates of British and European consumers.Princes Industrie Alimentari, owned by Princes, buys tomatoes from De Rubertis, a supplier whose workers were described last October by Ita
  
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• Bill Gates and Mark Zuckerberg's guide on what to read at Davos

  12-01-2018 07:00 via theguardian.com
  World Economic Forum releases the definitive reading list ... and it largely excludes women authorsAs the world’s rich and powerful pack their suitcases for the World Economic Forum in Davos later this month, they might throw in a book. But it’s unlikely to be an airport thriller.WEF, which has organised the gathering of global leaders and business executives in the Swiss alpine town since 1971, has released a list of books recommended by two Davos regulars who also happen to be prou
  
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