Financial news

• Cryptocurrency criminal CRACKDOWN: Gemini launches surveillance to STAMP OUT bitcoin crime

  25-04-2018 21:22 via feedproxy.google.com
  A CRYTPOCURRENCY exchange is launching a crackdown on bitcoin crime with surveillance technology to pinpoint fraud and illegal activity.
  
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• Surveys from drone tech expert SUPERFLY GUYS slash building and maintenance bills

  25-04-2018 16:01 via feedproxy.google.com
  Drones opened up a space for Durham tech firm Superfly Guys to develop lower cost, speedier surveying services that are now bringing down building and maintenance bills across Britain.
  
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• Global economic crash WARNING: France urges stress tests fearing worst

  25-04-2018 15:36 via feedproxy.google.com
  GLOBAL economic uncertainty has forced France’s central bank chief to demand stress tests for the country’s lenders to see whether they could cope with another financial crisis in the Eurozone.
  
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• Bitcoin price: Cryptocurrency expert says RALLY could indicate THIS for stock markets

  25-04-2018 14:47 via feedproxy.google.com
  BITCOIN price climbed to an April high of over $9,700 on Tuesday after a turbulent few months for the cryptocurrency – one bitcoin expert has said the recent surge in value could be “casually connected” to the stock markets.
  
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• Britons value photographs as the MOST TREASURED possession in their houses

  25-04-2018 14:37 via feedproxy.google.com
  WHAT would you save if your house was burning down? Your laptop, mobile or jewellery?
  
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• House sale: Online estate agents are on the RISE in the UK

  25-04-2018 14:20 via feedproxy.google.com
  BRITONS are happy to buy and sell lots of items online but most still draw the line at selling property.
  
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• Personal loans: Online scammers RIP OFF Britons for HUNDREDS of pounds

  25-04-2018 13:42 via feedproxy.google.com
  BRITONS searching for personal loans online are increasingly being ripped off for hundreds of pounds by unscrupulous scammers.
  
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• Viagogo faces court for failing to protect UK consumers

  25-04-2018 13:38 via theguardian.com
  Regulator says secondary ticketing website has ignored its demands to make changesThe secondary ticketing firm Viagogo looks set to be taken to court for breaching consumer protection laws after the UK competition regulator said the website had ignored its demands to make changes.The Competition and Markets Authority (CMA) said it was determined to ensure Viagogo complied with the law, and was prepared to use the full range of its powers to protect music fans.Continue reading...
  
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• US weapons stocks SINK as Macron cools Trump’s temper over Iran

  25-04-2018 12:55 via feedproxy.google.com
  DEFENCE firms are shedding value after President Donald Trump and French President Emmanuel Macron cooled the prospect of intervention after talking openly on the grave international situation in North Korea, and the Iran nuclear deal.
  
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• Help-to-buy agency writes down loan on flat over Grenfell-style cladding

  25-04-2018 12:42 via theguardian.com
  Woman whose London flat has slumped in value is told she can pay back £10,000 of £95,000 loanThe government has agreed to virtually wipe out a help-to-buy loan on an apartment in a London block with cladding similar to that used at Grenfell Tower, it has emerged.
  It will make the write-down on the grounds that the value of the flat in Greenwich has been reduced from £500,000 to £50,000 because the developer has no plans to remove the cladding.Continue reading...
  
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• TSB crisis: CEO says online banking is 'up and running', but some users report problems - live updates

  25-04-2018 10:13 via theguardian.com
  TSB blasted as ‘totally shambolic’, as customers find that internet banking is restricted - or still not workingTSB claims services are up and running again
  Bank is actually restricting access to Internet bankingUsers: We can’t get online
  ‘Where’s my mortgage gone?’How has TSB’s problems affected you? 9.11am BST If you’ve been affected by TSB’s online banking failure and would like to share your experiences, anonymously if you prefer, then pl
  
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• Lloyds bank cheers rising profit despite new PPI hit

  25-04-2018 09:42 via theguardian.com
  Group cheers ‘resilient’ UK economy as it announces £2bn pre-tax profit in first quarterLloyds Banking Group has cheered a “resilient” UK economy as its first-quarter profit rose, despite taking another £90m hit from the payment protection insurance scandal.
  The bank reported a 6% increase in underlying pre-tax profit to £2bn for the three months to 31 March. Bottom-line profit jumped 23% to £1.6bn, although this fell slightly short of analysts&rsq
  
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• Costa Coffee to spin off from Whitbread

  25-04-2018 08:50 via theguardian.com
  Firm to separate cafe chain from its Premier Inn hotel and restaurant business after investor pressureWhitbread is to spin-off its Costa Coffee chain from the rest of the business, which includes Premier Inn hotels, after pressure from activist investors.The company said the demerger of Costa – the UK’s biggest coffee chain – would be completed within two years, allowing shareholders to invest in “two distinct, focused and market-leading businesses”. Continue readin
  
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• All I have is a 3G contract, but O2 insists I need a radio mast in the garden

  25-04-2018 08:00 via theguardian.com
  The network keeps on billing me three-figure sums for a radio mast in my gardenI have repeatedly been billed for renting a BT radio mast from O2. I am a single woman on a £25-a-month 3G contract and have no need of a radio mast in my back garden. Nonetheless, I am charged three-figure sums several times each month and have to fight to get them investigated and refunded.I reach a resolution, then the same thing happens again. I was charged five times – a total of £695.08 –
  
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• Are ride-share electric scooters the future of urban transport?

  25-04-2018 07:00 via theguardian.com
  Scooters have taken over Santa Monica, caused fury in San Francisco and are spreading to other US cities and Britain. Are they fun and environmentally friendly – or a dangerous nuisance?Electric share scooters have taken over Santa Monica, an affluent beachside city on the edge of Los Angeles, but as they swiftly spread across other cities in California and the US a backlash is already gathering force.
  Download an app, scan a scooter’s barcode and away you go, zipping at up to 15mph
  
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• Shire board recommends £46bn takeover by Japanese drugmaker Takeda

  25-04-2018 06:13 via theguardian.com
  Deal for the FTSE100 company and maker of ADHD drug will be one of the biggest everThe board of the pharmaceutical company Shire has decided to recommend an improved £46bn ($64bn) takeover bid by the Japanese firm Takeda to its shareholders.
  In a statement released on Tuesday night, the company said it was “willing to recommend the revised proposal to Shire shareholders subject to satisfactory resolution of the other terms of the possible offer”, setting a new 8 May deadline fo
  
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• TSB bank faces large compensation bill and fines over online chaos

  25-04-2018 01:00 via theguardian.com
  MPs demand action as almost 2 million customers remain locked out of accounts
  • Latest updates in our live blog
  • Your key questions answeredTSB’s botched IT “upgrade” has snowballed into a full-scale crisis, with up to 1.9 million customers locked out of their accounts for a sixth day, MPs demanding action and the bank facing a potential multimillion-pound compensation bill and regulatory fines.In one of the worst IT problems to hit Britain’s banking sector in
  
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