Financial news

• Bitcoin news: Trader says Bitcoin could SOAR if crypto breaks through THIS price level

  20-04-2018 23:13 via feedproxy.google.com
  BITCOIN prices have faced a downward spiral since reaching unexpected highs at the end of 2017. But cryptocurrency expert Brian Kelly suggested traders could see the value soar if the number of transactions on the bitcoin network increase.
  
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• BREXIT BOOST: Hammond predicts SURGE in confidence in UK economy

  20-04-2018 22:38 via feedproxy.google.com
  CHANCELLOR Philip Hammond has predicted a pick-up in confidence in the economy as the outcome of Brexit becomes clearer as he gave an upbeat outlook on the future and suggested job losses in the City of London will be minimal.
  
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• Bitcoin price news: How much is bitcoin worth today? Will BTC keep improving?

  20-04-2018 22:01 via feedproxy.google.com
  BITCOIN prices continue to rise after a bumper week in the cryptocurrency market. How much is bitcoin worth today? Will BTC keep improving?
  
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• 'Oil prices are artificially very high' Oil prices DOWN after Trump blasts OPEC

  20-04-2018 21:22 via feedproxy.google.com
  OIL prices are down after Donald Trump condemned the Organisation of the Petroleum Exporting Countries in a furious outburst on Twitter.
  
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• Litecoin price news: Will Litecoin hit $200? What is the value of LTC?

  20-04-2018 19:26 via feedproxy.google.com
  LITECOIN continues its bullish swing today, as prices continue to soar after the US tax deadline. Will Litecoin hit $200? What is the value of LTC?
  
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• Nissan to cut hundreds of jobs at Sunderland plant

  20-04-2018 18:39
  Plummeting diesel sales deal another employment blow to the UK automotive industryNissan is to cut hundreds of jobs at its Sunderland plant, Britain’s biggest car factory, as plummeting diesel sales dealt another employment blow to the UK automotive industry. The manufacturer would not confirm any job losses, although local reports suggested long-serving staff could be asked to take voluntary redundancy. The Unite union said it had been assured there would be no compulsory redundancies at
  
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• Hammond: Brexit transition deal has averted City job losses

  20-04-2018 18:04
  Chancellor gives upbeat assessment of state of UK economy at IMF meetingA damaging haemorrhage of jobs from the City has been averted by the signing of a Brexit transition agreement between the UK and the EU, according to an upbeat assessment of the economy’s prospects from Philip Hammond.Speaking in Washington, the chancellor said the mood among big US-owned financial institutions was much more positive than it had been before London and Brussels agreed to a 21-month implementation period
  
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• Ripple price news: MASSIVE price boost for XRP - Why is Ripple doing so well?

  20-04-2018 18:00 via feedproxy.google.com
  RIPPLE prices have soared today as charts show a massive spike in XRP. Why is Ripple doing so well?
  
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• Let’s move to Stockport, Greater Manchester: ‘It’s a game of two halves’

  20-04-2018 17:30 via theguardian.com
  With staggering deprivation, and swathes of wealth in Victorian suburbs, it’s arriving fashionably late to the regeneration partyWhat’s going for it? Stockport? Yes. Stockport. Been through it countless times, gazing down from the viaduct in my Pendolino, at its odd, dramatic landscape, the deep Mersey valley, the Stockport Pyramid, Merseyway shopping centre, mill chimneys, all chucked together like a petulant child. Interesting. Must explore. And then, one day, I did. It’s a g
  
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• What would a base rate rise to 2% mean for your mortgage?

  20-04-2018 17:01 via theguardian.com
  Bank rate rise could cost average homebuyer an extra £138 each month on £175,00 mortgageInterest rate rises may be gradual but they will not be glacial, Michael Saunders, a member of the Bank of England’s rate-setting committee has said, hinting that homebuyers could see the base rate rise to 2% before long. So what would happen to your mortgage (and savings) if and when rates are hiked?The base rate is currently 0.5%, so a rise to 2% implies an extra 1.5 percentage points on y
  
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• Germany VS TRUMP: Merkel fears as US tariffs exemption nears end

  20-04-2018 16:37 via feedproxy.google.com
  GERMANY is facing a race against time to convince the Trump-led US government to relax the new US import duties on steel and aluminium that threaten to strangle its flagging economy.
  
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• Why should future whistleblowers believe they will be safe? | Nils Pratley

  20-04-2018 16:29
  Barclays’ Jes Staley tried to identify such an individual and has been allowed to keep his jobJes Staley, the chief executive of Barclays, had already conceded he made “a mistake” in attempting to unmask a whistleblower in 2016, so the regulators’ verdict on the affair counts as a big win from his point of view.The Financial Conduct Authority and the Bank of England’s Prudential Regulation Authority found Staley breached rule two of their conduct code – the on
  
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• March snowfall won't chill UK economy, Bank policymaker says

  20-04-2018 16:05 via theguardian.com
  Michael Saunders, a member of monetary policy committee, says rates should move up from 0.5%Fears of a slowdown triggered by heavy snowfall have been overblown, according to a Bank of England policymaker, who has said the UK economy could withstand interest rates reaching as high as 2% within the next few years.Michael Saunders, a member of the monetary policy committee, said the Bank should move to raise interest rates from the current level of 0.5%.Continue reading...
  
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• Scottish Power raises energy bills for nearly 1m households

  20-04-2018 14:58 via theguardian.com
  A 5.5% increase on a typical dual fuel bill for 960,000 customers is announcedNearly 1m households will see their energy bills jump by £63 a year after Scottish Power became the fourth of the big six suppliers to raise their prices.
  The 5.5% increase on a typical dual fuel bill for 960,000 customers is the same percentage rise as British Gas announced earlier this month and higher than ones from E.ON and EDF. The increase takes affect on 1 June and will affect about a third of Scottish Pow
  
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• Labour promises to restore legal aid for housing advice

  20-04-2018 14:34 via theguardian.com
  Shadow justice secretary to announce funding pledge to ‘help tens of thousands of people’Labour has pledged to restore legal aid funding for advice in all housing cases, reversing far-reaching cuts imposed by the government five years ago.The commitment – due to be announced in a speech by the shadow justice secretary, Richard Burgon, on Friday evening – could help up to 50,000 people a year enforce their housing rights. Continue reading...
  
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• American Apparel returns – with a focus on empowerment and diversity

  20-04-2018 13:48
  US company, which declared bankruptcy in 2016, says it has learned from its mistakes but will remain a ‘sexy’ brandAmerican Apparel is back. The brand that spawned myriad copies of its hooded tops with contrasting pull cords in the 00s before exiting the high street after much fanfare and a high-profile bankruptcy in 2016, became available again online in the UK this week.The US retailer has weathered a well publicised storm over the past three years, which included the departure of
  
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• Tower residents spared £2m bill to replace Grenfell-style cladding

  20-04-2018 12:53 via theguardian.com
  Barratt’s surprise offer saves leaseholders from ruinous cost of making Croydon complex safe Residents of a private housing complex in Croydon clad in similar flammable panels to Grenfell Tower have been told they will not have to pay £2m to make their home safe, after the company that built the block said it would meet the costs instead.Barratt Homes has indicated it will pay to have the panels of the Citiscape block removed and fund the cost of 24-hour fire wardens, saving resident
  
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• Sainsbury's accused of breaking pledge on chicken welfare

  20-04-2018 12:51
  Supermarket clashes with Compassion in World Farming over award given in 2010Sainsbury’s has been accused of breaking promises on improving welfare conditions for chickens after it handed back a good practice award.The animal rights pressure group Compassion in World Farming said Sainsbury’s applied for the group’s “good chicken” award in 2010 and committed to upgrade within five years all its fresh own-label chicken to the RSPCA welfare mark, which involved giving
  
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• Commonwealth FAMILY: Trade expert celebrates Queen’s role in UK’s post Brexit future

  20-04-2018 12:50 via feedproxy.google.com
  COMMONWEALTH leaders dined with Queen Elizabeth II at Buckingham Palace last night as talk over how to best boost Brexit Britain’s trading future raged. One trade expert told Express.co.uk that the UK is right to pursue "the world outside Europe” and celebrates the Queen’s role in “keeping the door open”.
  
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• Pound v US dollar: GBP exchange rate drops as Carney questions May interest rate hike

  20-04-2018 11:43 via feedproxy.google.com
  THE pound US dollar exchange rate has been dealt a blow as Bank of England Governor Mark Carney panicked traders by downplaying an interest rate hike in May. The pound US dollar exchange rate is close to a two-week low, making one pound worth around $1.404.
  
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• The best tiny homes for sale – in pictures

  20-04-2018 08:00 via theguardian.com
  These properties may be small, but they’re packed with character – and in one case, have their own model village Continue reading...
  
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• World Bank recommends fewer regulations protecting workers

  20-04-2018 07:00 via theguardian.com
  Unions alarmed by suggestion that deep structural reforms are required to adjust to changing nature of work
  The World Bank is proposing lower minimum wages and greater hiring and firing powers for employers as part of a wide-ranging deregulation of labour markets deemed necessary to prepare countries for the changing nature of work.A working draft of the bank’s flagship World Development Report – which will urge policy action from governments when it comes out in the autumn – s
  
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