Financial news

• Bitcoin price BOOST: 'April 17 holds the KEY to the future of the currency', expert claims

  13-04-2018 18:33 via feedproxy.google.com
  BITCOIN price surged more than 17 percent on Thursday in an unusual spike – but it could rise even more in just a few days' time, claimed a cryptocurrency expert.
  
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• Let’s move to King’s Cross, London: a most astonishing transformation

  13-04-2018 17:30 via theguardian.com
  Fragments of a less salubrious past hold on for dear life amid the swankWhat’s going for it? Of all the remarkable transformations in supergentrified London, that of King’s Cross is the most astonishing. I can just remember what it was, dim memories of jigging at its warehouse clubs in the 90s. Before my time, there’s always Mona Lisa (the film) and reruns of The Sweeney to recreate the area’s prostitution and darkness, its dripping railway arches and encrusted tenements.
  
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• UK university strike action to end after staff vote to accept offer

  13-04-2018 16:49 via theguardian.com
  Ballot finds significant majority in favour of accepting offer to reopen talks over pensionsThe strike action that hit 65 universities across the UK this year is on hold after staff voted to accept an offer to reopen negotiations with employers over their pensions.The ballot of 50,000 University and College Union members in higher education found a substantial majority in favour of accepting the offer, which establishes a joint committee of experts to evaluate pensions provided through the Unive
  
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• Bitcoin price news: Can bitcoin reach $10k this week? What is happening with BTC?

  13-04-2018 15:45 via feedproxy.google.com
  BITCOIN saw a sudden spike drive prices up by more than $1,000 in just under an hour as the cryptocurrency market surges into the green today. What is happening with BTC?
  
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• Ripple price news: Why are Ripple prices soaring? What is the price of XRP today?

  13-04-2018 15:40 via feedproxy.google.com
  RIPPLE prices unexpectedly soared this morning as the values for most major cryptocurrencies saw a massive spike in gains in less than an hour. Why are Ripple prices soaring? What is the price of XRP today?
  
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• Jaguar Land Rover to cut production and 1,000 jobs in the Midlands – as it happened

  13-04-2018 15:37
  Carmaker blames Brexit and confusion over diesel policy. European stock markets rise as Syria tensions ease. 2.37pm BST We are closing the blog and will be back on Monday. Have a good weekend!Jaguar Land Rover, Britain’s biggest carmaker, is to cut 1,000 contractor jobs in Solihull in the Midlands, after a fall in sales it attributed to uncertainty caused by the Brexit vote and the government’s diesel policy. Here is our story: Related: Jaguar Land Rover to announce 1,000 job cuts ne
  
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• Jaguar Land Rover to cut 1,000 jobs after 'slump due to Brexit'

  13-04-2018 15:28
  Carmaker blames job losses in West Midlands on sales drop and confusion over diesel enginesJaguar Land Rover is to cut 1,000 jobs in the west Midlands, blaming a slump in car sales due to uncertainty over Brexit and the future of diesel vehicles.Britain’s biggest carmaker will cut 1,000 temporary contract workers at its plant in Solihull. The factory employs 10,000 workers, including 2,000 contract staff.Continue reading...
  
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• Gambling Commission fines Sun Bets firm over ‘piegate’ incident

  13-04-2018 15:23
  • Sutton goalkeeper Wayne Shaw was fined £375 after eating pie
  • Tabcorp UK Limited, trading as Sun Bets, offered odds of 8/1The betting firm behind last year’s “piegate” controversy has been fined and told it risks losing its licence for its role in a publicity stunt that led to Sutton United’s goalkeeper eating a pie during the football club’s televised FA Cup tie with Arsenal.Tabcorp, which owns the Sun Bets brand, was fined £84,000 by the G
  
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• Russian ruble sinks, Sterling soars: Russian currency tanks 5.6 percent after US sanctions

  13-04-2018 14:53 via feedproxy.google.com
  THE RUSSIAN ruble is set for its worst week since August 2015 as the nation’s economy struggles in the face of US sanctions and the ongoing Syria crisis, with experts “sceptical” of a recovery until the geopolitical scenario cools.
  
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• Bitcoin price LIVE: BTC SOARS past $8k as expert says $100k bitcoin is just two years away

  13-04-2018 14:39 via feedproxy.google.com
  BITCOIN'S recovery is expected to gather pace today after the fleeting return to $8k yesterday afternoon. One expert has claimed that "institutions, hedge funds and big investors" are "waiting for the right time to step in" and the price will rise to reflect their confidence.
  
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• MPs to pressure government on backing for Swansea tidal lagoon project

  13-04-2018 14:35
  Committees seek clarity on indecision over taxpayer support and price guarantees for flagship tidal clean energy scheme to harness tide power
  MPs are to press ministers on why they have left investors hanging in limbo over taxpayer support for a pioneering £1.3bn tidal lagoon in Swansea.
  The business, energy and industrial strategy (BEIS) committee and Welsh affairs committee will call on government to explain why no decision has been forthcoming on the flagship scheme. The government has
  
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• David Schwimmer – could he BE any more in charge of the stock exchange?

  13-04-2018 13:54
  Schwimmer has been named CEO of the LSE. It is just possible it is not the one from FriendsName: David Schwimmer.Age: 49. Continue reading...
  
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• Ethereum price news: Why did Ether hit $500? How much is Ethereum today?

  13-04-2018 12:46 via feedproxy.google.com
  ETHEREUM soared back up past $500 today as cryptocurrency prices saw a massive spike in a crazy trading hour. Why did Ether hit $500? How much is Ethereum today?
  
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• How the American economy conspires to keep wages down | Gabriel Winant

  13-04-2018 12:00
  The economy is growing but our paychecks are not. That’s because employers have, over decades, built a political apparatus to hold down pay
  When unemployment goes down, wages are supposed to go up. That’s just supply and demand. Quite puzzlingly, though, this mechanism seems not to be working today. Unemployment stands at a modest 4%, but paychecks aren’t growing. Although today’s is the best-educated workforce in history, employers just insist that workers need more trai
  
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• David Schwimmer appointed LSE chief: Social media in meltdown

  13-04-2018 11:48 via feedproxy.google.com
  DAVID Schwimmer has been hired to run the London Stock Exchange, sending social media into a frenzy thinking Ross from Friends has been hired for the post.
  
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• Pound V euro: GBP exchange rate at 10-month high as ECB minutes disappoint

  13-04-2018 11:47 via feedproxy.google.com
  THE pound continues to press higher against the euro this morning as euro investor remain dejected following the release of the latest European Central Bank minutes. The pound euro is currently at around €1.157.
  
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• Pound v US dollar: GBP climbs on rising business confidence and Trump TPP comments

  13-04-2018 11:34 via feedproxy.google.com
  THE pound US dollar exchange rate has been undermined today after tensions over Syria and signs from the US administration over the potential of a return to Trans Pacific Partnership . This broad sell-off has dragged the US dollar lower against the pound even its more stable currency peers.
  
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• Sainsbury's recalls beetroot over fears it may contain glass

  13-04-2018 10:47
  Own-brand product removed from shelves after shards of glass were identified in one batchSainsbury’s has recalled a sliced beetroot product over fears it could contain small shards of glass.Customers who have bought the 340g jar of the supermarket’s own-brand beetroot, with the item code 7860491, were advised not to eat it. Continue reading...
  
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• Klépierre walks away from £5bn offer for Hammerson

  13-04-2018 10:41
  Rejection clears the way for Bullring owner to pursue £3.4bn tie-up with Intu The French shopping centre company Klépierre said it does not intend to make a formal offer for Hammerson, paving the way for the Bullring owner to seal a tie-up with Intu.Klépierre said on Friday that its chairman, Jean-Marc Jestin, met his Hammerson counterpart, David Tyler, at the beginning of the week to table a £5.04bn proposal worth 635p per share. Continue reading...
  
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• Storm in a teacup: could instant tea overtake the classic bag?

  13-04-2018 08:30 via theguardian.com
  Pique Tea, a startup offering crystallised tea that dissolves instantly in hot or cold water, is on a mission to bring an ancient Chinese method to the masses Simon Cheng’s grandfather turned 102 this year. The secret to his longevity? “He drinks three cups of tea a day,” says Cheng, a former hedge fund manager who ditched the corporate life to focus on his mission to heal the world with tea. Tea crystals to be exact. Cheng is the founder of Pique Tea, a crystallised tea that i
  
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• Homes with an annexe – in pictures

  13-04-2018 08:00
  There’s plenty of space for the generations in these properties, located from Cornwall to Country DurhamContinue reading...
  
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• Amateur cricket club stumped as young asylum seeker is banned by Home Office

  13-04-2018 08:00
  Because he played for his national team in Afghanistan it says he can’t play for usI help run an amateur cricket club which, last year, welcomed a young asylum seeker from Afghanistan. He was keen to get involved in the sport and make new friends. None of our players are paid or funded in any way. He has a Home Office registration card and has not left the UK since his arrival in January 2017. He previously played cricket in Afghanistan for the national team at junior levels and attended t
  
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• Movies that have grossed more than $1bn – ranked!

  13-04-2018 07:00
  The most lucrative star-filled blockbusters of all time in order of merit, from goofy Dory to the Dark Knight, Bond to Potter and feminist fairytales to the doomed Titanic
  33. Transformers: Dark of the Moon (2011)Continue reading...
  
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• Bitcoin price to ROCKET to $25,000 in just MONTHS claims cryptocurrency expert

  13-04-2018 02:49 via feedproxy.google.com
  BITCOIN could soar and be worth as much as a massive $25,000 by the end of 2018, a cryptocurrency expert has said in a shock claim.
  
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• Pension WARNING: Millions of women at risk of outliving their savings

  13-04-2018 01:00 via feedproxy.google.com
  MILLIONS of women taking advantage of new pension freedoms are at risk of outliving their savings and running out of money in their old age, experts have warned. Since April 2015, savers over the age of 55 have been allowed to ‘drawdown’ their retirement money as and when they want to.
  
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