Financial news

• Russia economy crisis warning: Oil cuts could curb growth

  16-02-2018 22:35 via feedproxy.google.com
  RUSSIA’S economy may take a big hit in 2018 by cuts in crude production amid fears of economic pain in the next decade, the Central Bank of the Russian Federation has warned.
  
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• Bitcoin regulation is 'not even close' in US warns Trump's special assistant

  16-02-2018 22:08 via feedproxy.google.com
  BITCON regulation is unlikely to be brought into force in the United States anytime soon, a special assistant to US President Donald Trump has claimed.
  
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• Litecoin news: What is Litepal? When does Litepal launch?

  16-02-2018 21:56 via feedproxy.google.com
  LITECOIN founder Charlie Lee has announced the launch of a new payment service called Litepal. But what exactly is Litepal and when it is set to be launched? 
  
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• Bitcoin news: Will cryptocurrencies be made illegal in 2018?

  16-02-2018 20:10 via feedproxy.google.com
  BITCOIN and other cryptocurrencies are under greater scrutiny than ever before with fears of a regulatory crackdown from countries including India, South Korea and China. But will cryptocurrencies be made illegal in 2018?
  
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• Russian oligarchs fight mine battle in London court

  16-02-2018 19:18 via theguardian.com
  Roman Abramovich and Oleg Deripaska embroiled in row over control of Russia’s biggest mining company Chelsea FC owner Roman Abramovich is preparing for a London court battle with two other billionaire Russian oligarchs over control of Russia’s biggest mining company. Abramovich is being taken to court by Oleg Deripaska to prevent the Chelsea owner from selling his minority stake in mining firm Norilsk Nickel (Nornickel) to Deripaska’s rival Vladimir Potanin.Continue reading...
  
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• Litecoin fork: What is Litecoin Cash and when will the crypto token split?

  16-02-2018 17:57 via feedproxy.google.com
  THE price of Litecoin was up by 30 percent on Wednesday ahead of its ‘hard fork’ launch, but what is Litecoin Cash and when will the crypto token spilt? 
  
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• Let’s move to Chipping Campden, Gloucestershire

  16-02-2018 17:30
  Imagine living life in tweed slacks and Boden quilted bodywarmersWhat’s going for it? A confession: sometimes I pretend to read the Daily Telegraph. It’s a bit like cosplay. I try to imagine living life in tweed slacks and Boden quilted bodywarmer, with a Plain English tongue-and-groove kitchen, polenta cake in the oven, pedigree labrador panting at the back door, several cases of vintage claret in the cellar. Perhaps like Jennifer off The Archers. Probably in Chipping Campden.
  
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• Transforming the high street: how Appear Here uses Facebook for its short-term rentals

  16-02-2018 17:28 via theguardian.com
  Setting up a new shop on one of Britain’s high streets can be an arduous process, one that takes months of research, paperwork and negotiation.One company wants to change that. From luxury cupcake pop-ups to vintage handbag stores, Appear Here is helping brands of all sizes find rental spaces across some of the world’s most prestigious locations. Whether they’re looking for a short-term retail space to sell seasonal goods, or a physical platform to raise brand awareness, findin
  
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• 'Parents killed it': why Facebook is losing its teenage users

  16-02-2018 17:08 via theguardian.com
  This year more than 3 million under-25s in the UK and US are expected to leave the siteWhen Mark Zuckerberg launched Facebook he was a 19-year-old living in a dorm in his second year at university. Fast-forward 14 years and it is the young people he was so successful in luring to Facebook to propel it to become the world’s biggest social networking site that are now his biggest problem. This year more than 3 million under-25s in the UK and US will either quit Facebook or stop using it regu
  
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• Bitcoin price prediction: Will 2018 be the worst year yet for cryptocurrency?

  16-02-2018 16:53 via feedproxy.google.com
  BITCOIN suffered a crashing blow in 2018 when it plunged in value, first in January and then again this month. The digital token has not recovered from its December high of nearly $20,000 and is still down 50 percent in value from two months ago. Will 2018 be the worst year yet for the the cryptocurrency?
  
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• Tui's male employees paid more than double female staff – report

  16-02-2018 16:43 via theguardian.com
  Travel group’s report says women earn 56.9% less than men but it is ‘not an equal pay issue’The travel group Tui has the largest gender pay gap reported to date by a major UK company, with its male employees paid more than double the female staff. Women at the group’s Tui Airways UK unit earn on average 56.9% less in hourly pay than men, according to data filed under a new government scheme intended to highlight the gender pay gap and encourage employers to address the di
  
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• Bitcoin on the high street - is Britain ready? EXCLUSIVE SURVEY

  16-02-2018 16:29 via feedproxy.google.com
  BITCOIN, Ripple, Ethereum, and a whole host of rival digital currencies may have dominated headlines since the end of 2017, but questions remain unanswered as to how soon the mainstream investment world will adopt the technology and the products that eventually trickle down to ordinary British savers and investors.
  
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• UK retail sales much lower than expected in January - as it happened

  16-02-2018 16:01 via theguardian.com
  January high street performance fails to pick up after disappointing December 3.01pm GMT Despite hopes of a pick-up in high street spending after a poor December, UK retail sales came in weaker than expected in January.Sales of gym wear improved but food sales fell, according to the Office for National Statistics. 2.53pm GMT After five days of rises, US markets have edged higher at the start of the week’s final trading day.The Dow Jones Industrial Average is currently up 35 points or 0.14%
  
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• Homes in former commercial buildings – in pictures

  16-02-2018 14:07
  Five properties, from Manchester to the Isle of Wight, that could work well for some buyers Continue reading...
  
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• The old £10 note: £2bn worth must be spent in a few days

  16-02-2018 09:06
  You have until 1 March to get rid of old tenners before they are no longer legal tender – so what are your options?There is still £2.2bn worth of the old-style paper £10 notes in circulation – but you have just 12 days left to spend them before they lose their status as legal tender on Thursday 1 March.The new plastic £10 note featuring Jane Austen came into circulation in mid-September, replacing the £8bn-worth of notes that carry the image of Charles Darwin
  
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• UK aims to keep financial rules close to EU after Brexit - Financial Times

  16-02-2018 08:53
  Financial Times
  UK aims to keep financial rules close to EU after Brexit
  Financial Times
  The UK is ready to set out its vision for how it wants financial services to operate after Brexit, favouring an ambitious “mutual recognition” of regulations to preserve the City of London's access to the EU. The move is backed by the City but Michel ...
  UK Supports Post-Brexit Mutual Recognition System for London's Financial ...Insurance Journal
  UK to seek EU mutual recognition deal for financi
  
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• Who gets what from illness cover linked to a mortgage if a couple split?

  16-02-2018 08:00
  My daughter has been diagnosed with cancer and gets the payout but has a 50-50 share in a houseMy 27-year-old daughter has been diagnosed with cancer. Nine months ago she, and her partner, took out a mortgage to buy a house as “tenants in common” (50% each). Along with this, they took out death and serious illness insurance cover. She has now been told the insurance will be paid in full.Continue reading...
  
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• Home ownership among young adults has 'collapsed', study finds

  16-02-2018 01:01
  Chances of owning home in UK have more than halved in 20 years, Institute for Fiscal Studies saysThe chances of a young adult on a middle income owning a home in the UK have more than halved in the past two decades.New research from the Institute for Fiscal Studies shows how an explosion in house prices above income growth has increasingly robbed the younger generation of the ability to buy their own home. For 25- to 34-year-olds earning between £22,200 and £30,600 per year, home own
  
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• Home ownership among young adults has 'collapsed' – study

  16-02-2018 01:01 via theguardian.com
  Chances of owning home have more than halved in 20 years, Institute for Fiscal Studies saysThe chances of a young adult on a middle income owning a home have more than halved in the past two decades.New research from the Institute for Fiscal Studies shows how an explosion in house prices above income growth has increasingly robbed the younger generation of the ability to buy their own home. For 25- to 34-year-olds earning between £22,200 and £30,600 per year, home ownership fell to j
  
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