Financial news

• Test of nerve for markets as 10 years of cheap money come to an end

  10-02-2018 17:00 via theguardian.com
  With economic signals positive and interest rates set to rise, recent turmoil is just the start of a rollercoaster ride for sharesStock markets are heading for a wild ride this year as central bankers strap on their bullet-proof vests and test investors’ willingness to accept higher interest rates. Last week’s share price crashes, which in two days wiped $4 trillion off the value of markets around the world, was just a foretaste of the battle to come.In the days following Monday&rsqu
  
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• Is custom build the future of housing?

  10-02-2018 10:23 via theguardian.com
  The UK’s biggest experiment in self-build is in progress as almost 2,000 buyers see their grand designs become realityIt is Grand Designs on an epic scale. The first streets on the UK’s biggest mass self-build site are now taking shape, as a town of 1,900 homes ranging from naked black box minimalism to extravagantly unique designs emerges in Oxfordshire. Graven Hill is the UK’s boldest experiment ever in self-build and custom build, enabling individuals to design inspiring hom
  
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• Where to move for train connections

  10-02-2018 09:00 via theguardian.com
  Where’s the best place to live in the UK if you want to get around by rail? Turns out that’s not as simple a question as you might thinkYou’d think I’d asked the universe’s most baffling question. Where do neutrinos come from? What, exactly, is consciousness? No. Where in the UK has the best train connections? Not the busiest station. Easy-peasy: Waterloo, which, according to the government’s Office of Road and Rail, last year clocked 100m entries and exits th
  
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• ‘Totally inadequate’ EE slammed over security

  10-02-2018 08:00
  Sim-swap fraudsters hijack customer’s phone and try to access his bank accountMiles Brignall Continue reading...
  
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• Scratchcards: harmless flutter or costly addiction?

  10-02-2018 08:00 via theguardian.com
  The Co-op group is to offer its own scratchcards, taking on the National Lottery in what has become a £3bn industryThe Co-op is taking on the National Lottery with the launch of its own scratchcards, which will give as much as four times more to good causes. The member-owned business says a minimum of 20% from the sale of each of its own-brand cards will go to “local good causes”. That compares with as little as 5% for some National Lottery cards – though the average
  
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• National Lottery: on some scratchcards it’s impossible to win top prizes

  10-02-2018 08:00 via theguardian.com
  Lottery allowed to carry on selling scratchcards even when all jackpots have been wonThe National Lottery’s blue “Millionaire 7s” scratchcard game, which costs £5 a go, boasts of “six top prizes of £1m”. But if you go and buy one today, the shopkeeper probably won’t tell you that all six £1m jackpots have already been snapped up.Meanwhile, the Camelot-owned lottery’s £250,000 Gold game, which costs £2, tells buyers there are
  
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• It is fair to blame older people for the housing crisis?

  10-02-2018 07:30
  The reaction to our column on a pensioner living on £18,000 a year in London revealed deep anger among younger workersShould a 78-year-old woman who lives frugally and buys her clothes in charity shops really be the target of so much bile? Last week in our How I Spend It column, we featured a pensioner living on £18,000 a year in London. The reporter who interviewed her told me she was a “remarkably positive person with an infectious appetite for life”. And her income is
  
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• ‘I work in fashion so I have to spend horrific amounts on clothes’

  10-02-2018 07:30
  Embroiderer Chloe Savage on why she spends thousands updating her wardrobeBecause I work in the fashion industry, as a couture embroiderer for high-end fashion houses, I’m expected to look a certain way. I can’t walk into Chanel’s head office in a pair of H&M jeans and be taken seriously.That means constantly updating my wardrobe – I have to keep up with the latest trends. Effectively, I have to sell myself and embody Chloe Savage Embroidery. Sometimes that means I we
  
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