Financial news

• The war over steel: Trump tips global trade into new turmoil

  10-03-2018 17:00 via theguardian.com
  The EU does not want the president’s tariffs to create a spiral of retaliation. But Europe is a target – and a battle looks inevitableBlast furnace B will fire up this summer in Granite City, Illinois, giving up to 500 steel workers a job and offering President Donald Trump a fitting emblem for his campaign to put America first. Mothballed for several years by US Steel, the blast furnace sits next to the Missouri river, north of St Louis, where it will smelt iron made newly competiti
  
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• From Edward III to Alexander Hamilton: history’s biggest protectionists | Larry Elliott

  10-03-2018 17:00 via theguardian.com
  Both Britain and America have championed free trade from a position of global strength. But their views in the past were very differentFor steel and aluminium read wool. For trade rivalry between the US and China read the struggle between England and the Low Countries. For Donald Trump read Edward III. There is nothing new about the use of protectionism as a policy tool.England in the 14th century was in a similar position to a poor developing country today. It produced a lot of a staple commodi
  
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• Is it cheaper to leave central heating on in winter if you go away?

  10-03-2018 15:56 via theguardian.com
  Our house took two days to heat up with the radiators on after we left it for a weekendEvery 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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• Homes for sale in former schools – in pictures

  10-03-2018 14:29 via theguardian.com
  You’ll be in a class of your own with these ex-educational properties, from Scotland to Somerset Continue reading...
  
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• ‘Part of the family’: the strangers brought together by sharing a home

  10-03-2018 12:00 via theguardian.com
  From connecting with refugees to providing company, this is what living together looks likeAndy, 67, had lived alone for 14 years before George moved in last August; he had become ever more isolated following his divorce 20 years ago, and particularly after he retired as a window cleaner. “I sat in front of the box all day,” he says. Social workers from a local social enterprise called PossAbilities suggested Andy take part in Homeshare, which links up lonely older people with young
  
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• Cash Isa rates are on the rise - but there is a catch

  10-03-2018 10:00 via theguardian.com
  Savers keen on grabbing the best rates will have to lock their cash away for a long timeCash Isa rates are allegedly on the up, though it may not feel like it. The best-paying easy-access cash Isas are offering little more than 1%, and to get 2.25%, the very highest rate out there, you would need to lock your cash away for five years.According to Defaqto, cash Isa rates have begun to rise for the first time in seven years. It says the average rate currently offered is 0.7%, compared with 0.53% a
  
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• False emissions ratings cost UK more than £2bn a year – report

  10-03-2018 09:01 via theguardian.com
  Some new diesel models emit 12 times legal limit, while others ‘are the cleanest cars on the road’False emissions ratings for cars based on lab tests have cost the UK more than £2bn a year in lost tax revenue, according to the Green party.With CO2 emissions exceeding official measures by an average of 42%, millions of vehicles have been placed in tax bands that do not reflect their true levels of pollution, according to new research published on Saturday.Continue reading...
  
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• Media stereotype women in financial coverage, study finds

  10-03-2018 08:59 via theguardian.com
  Women are made out to be splurgers who can’t manage money, but men as savvyAs campaigners continue to battle the gender pay gap, new research has shown huge discrepancies in the way men and women are spoken to about money in the media.Linguistic analysis of about 300 finance articles from the UK and other countries over the past year showed that 65% of those aimed at women defined them as “splurgers”, excessive spenders with poor judgment who needed to “rein in” the
  
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• UK music festivals: how to get the best-value tickets

  10-03-2018 08:00
  Events are setting out their stalls for this season – here’s a rundown of how much they cost, from £250 to freeTickets for what’s almost certainly Britain’s most expensive music festival – costing £250 each – go on sale on Monday and are likely to sell out in minutes, despite the fact it’s only a one-day event and they haven’t even announced any of the acts.House Festival, taking place this year at Kenwood House in Hampstead, London on
  
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• Do restaurants really make staff pay when customers do a runner?

  10-03-2018 08:00 via theguardian.com
  The waiter tells a believable, if outrageous story, and the restaurant chain vehemently denies it. What is the truth?The waiter at the airport restaurant appeared relieved when I finally found him after pacing around to pay the bill last weekend. “I thought you’d done a runner,” he said. What, there are people who do runners in airports, I asked – they can’t get far, surely (I was airside). But he said it happened at least once a day, pointing to a table nearby, whe
  
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• Boring chore? Airtasker or TaskRabbit could help – at a price

  10-03-2018 08:00
  Two services that allow users to outsource everyday tasks are launching in the UK, but are they destroying workers’ rights?It’s like Uber, but for the household chores you can’t face doing yourself: from assembling flat-pack Ikea furniture, to cleaning your home, to sorting out problems with your computer. You go online, list the job you want doing, then others on the site bid to do the work.It has already taken off in Australia, where Airtasker claims to be sorting out 1.4m ho
  
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• ‘I live a life of austerity so I can travel all the time’

  10-03-2018 07:30 via theguardian.com
  Tom Bourlet on how he saves money to fund his lifestyle – and how Heinz spaghetti hoops inspired the name of his blogI’ve always been a saver. As a student I lived frugally and was constantly setting up little businesses such as a moving-in service for freshers so that I could graduate in profit. My favourite gourmet experience has always been Heinz spaghetti hoops.Now, despite earning a decent salary, I lead a life of austerity as all my spare time and money are consumed by my trave
  
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• Australia spared US steel and aluminium tariffs, Turnbull confirms

  10-03-2018 02:08 via theguardian.com
  Legal paperwork yet to be completed, but executive order will put the exemption in place
  The prime minister, Malcolm Turnbull, has confirmed that Australia has won a reprieve from the United States’ global steel and aluminium tariffs, after the US president, Donald Trump, earlier tweeted that he and Turnbull were working on a “security agreement” for an exemption.In a post on Twitter, Trump had said he was negotiating directly with the Australian prime minister. Continue readin
  
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