Financial news

• Co-op bank expansion: Back in black and going for growth

  07-04-2018 20:09 via feedproxy.google.com
  THE Co-op group is targeting health and money markets in a new expansion drive after moving back into profit having cut its ties with troubled lender the Co-operative Bank.
  
  Read more

• Staff ownership ensures organic veg firm Riverford doesn’t forget its roots

  07-04-2018 17:00
  For Guy Singh-Watson, founder of the vegetable box company, giving part of his company away was the best way to preserve itEmployee ownership, better known as the John Lewis model, remains a niche approach to business in the UK. But it is growing, and one West Country agricultural entrepreneur is the latest backer of an idea that has been embraced by more than 300 British companies.Guy Singh-Watson is handing more than three-quarters of his Riverford Organic Farmers business to its 650 employees
  
  Read more

• Richest 1% on target to own two-thirds of all wealth by 2030

  07-04-2018 14:08
  World leaders urged to act as anger over inequality reaches a ‘tipping point’The world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030, according to a shocking analysis that has lead to a cross-party call for action.World leaders are being warned that the continued accumulation of wealth at the top will fuel growing distrust and anger over the coming decade unless action is taken to restore the balance. Continue reading...
  
  Read more

• What is the Donald Trump v Jeff Bezos feud really about?

  07-04-2018 13:00
  Trump’s obsession with Bezos is cutting the value of US tech stocks – and the source of his irritation is more than just ‘an uneven playing field’One is the world’s richest man, the other is the world’s most powerful.Together they are locked in a personal feud that is shaving billions off the value of US tech stocks. But is Donald Trump’s onslaught against Amazon chief Jeff Bezos really about the president’s concern that the United States Postal Se
  
  Read more

• Advertisement

• MACRON SHOCK: Graduates back London dealing France a huge BREXIT SNUB

  07-04-2018 10:00 via feedproxy.google.com
  LONDON is still the top location to work for financial graduates, as the capital held a huge majority over EU rivals dealing a major blow to Paris’ hopes becoming the finance capital of Europe post-Brexit.
  
  Read more

• GDPR 2018: Will GDPR changes in May spell disaster for Britain’s businesses?

  07-04-2018 10:00 via feedproxy.google.com
  GDPR, the EU regulatory ruling, comes into effect May 2018 and will affect EVERY business in the UK. All businesses must comply or risk the consequences. But will non-compliance with the new rulings spell DISASTER for Britain’s businesses?
  
  Read more

• Bitcoin price: Cryptocurrency expert warns of 'technical BREAKDOWN' as price PLUNGES

  07-04-2018 09:39 via feedproxy.google.com
  BITCOIN price is likely to plummet amid tighter regulation from legislators across the globe, cryptocurrency expert Jim Iuorio has warned.
  
  Read more

• Bestway saves 2,000 jobs with Conviviality deal

  07-04-2018 08:47
  Wine Rack and Bargain Booze rescued from brink by wholesaler in £7m dealAbout 2,000 jobs are set to be saved with the buyout of retail chains Wine Rack and Bargain Booze in a £7m deal.The retail division of troubled drinks group Conviviality has been acquired by grocery wholesaler Bestway in a pre-pack administration process, which allows the buyer to cherry pick a collapsed company’s best assets at a bargain price. Continue reading...
  
  Read more

• Advertisement

• Retirement – can you make your pension last at least 20 years? | Patrick Collinson

  07-04-2018 08:00
  The government should be providing a low-cost service to manage your retirement fundsThis week millions of workers will be forced to save more into a pension, as “auto-enrolment” takes a 3% cut from pay packets, and employers are obliged to chip in a further 2% of salary. Next year it will rise to a total of 8%. It’s not a lot, but it’s a start.Now comes the much bigger challenge: making the money you save last two, and possibly three, decades of retirement. Continue read
  
  Read more

• Is there any point taking out an Isa?

  07-04-2018 08:00
  My partner takes one out at the start of every tax year and says I should too. Really?Every 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...
  
  Read more

• ‘I started my business from scratch and now work two weeks a month’

  07-04-2018 08:00
  Social media entrepreneur reckons he’s earned £250,000 simply by taking private jet charters on frequent holidaysI started my social media consultancy business from scratch at the age of 17, selling targeted advertising space on social media sites like Facebook. Four years later, it’s a multimillion-pound business and I earn a five-figure sum every month, but I’m still young – and I want to have as much fun as I can and see what the world has to offer
  
  Read more

• AA staff accuse association over ‘shameful’ price hikes

  07-04-2018 08:00
  New members can face an automatic 124% increase in fees in year two. Now embarrassed members of the salesforce talk about the tacticsIs the AA exploiting its most loyal customers – the elderly but also the very busy – by automatically renewing annual breakdown cover at up to twice the original price, in the expectation many won’t notice?That’s the allegation from two AA staff members who have contacted Guardian Money keen to expose the “shameful and embarrassing&rdq
  
  Read more

• East End artists and businesses driven out as railway rents spiral

  07-04-2018 07:59
  Based inside the arches for decades, many feel they have no choice but to relocateSpiralling rents are driving growing numbers of artists and small businesses out of London’s East End, with the problem expected to spread to other cities around the UK.Faced with rent increases of 200% to 300%, small businesses that have been based in the capital for decades are being forced to relocate to Kent or Essex, according to the New Economics Foundation thinktank and the East End Trades Guild (EETG)
  
  Read more

• Fresh blow for Airbus as Boeing wins $12bn jet order from American Airlines

  07-04-2018 05:52
  The deal for wide-bodied aircraft is the latest in a series of setbacks for the European manufacturer’s A330neo aircraftBoeing has won a crucial contest to supply 47 new 787 Dreamliner jets to American Airlines, beating European rival Airbus for the highly coveted order of wide-body, long-haul aircraft. “This was a difficult decision between the Boeing 787 and the Airbus A350 and A330neo and we thank both manufacturers for their aggressive efforts to earn more of American’s bus
  
  Read more

• President Trump threatens extra $100bn of tariffs on Chinese imports

  07-04-2018 05:00
  Dow closes down 572 points as Beijing says it will fight back against new Trump proposalsThe war of words between the Trump administration and China over trade has escalated after Beijing threatened to fight back “at any cost” against new US proposals for an additional $100bn (£71bn) in tariffs. Chinese officials said on Friday they would “definitely fight back firmly” should the US persist in using “protectionism”, in a warning issued hours after Presid
  
  Read more

Follow @financialnwsUK on Twitter!