Financial news

• EU MUST PAY: Macron wants fellow states to pay French firms' losses from Iran crackdown

  21-05-2018 16:40 via feedproxy.google.com
  FRANCE will ask other European Union member states to compensate that nations private companies for the extra cost of doing business with Iran following the potential imposition of US sanctions.
  
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• Lucrative US market silver lining for William Hill

  21-05-2018 16:05 via feedproxy.google.com
  William Hill investors will have mixed feelings towards regulators this week. Until now sports betting has been illegal in all but four US states.
  
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• What is GDPR and how will it affect you?

  21-05-2018 15:40 via theguardian.com
  The EU’s General Data Protection Regulation comes into force this week – here’s what it meansYou could be forgiven for thinking that Europe’s General Data Protection Regulation (GDPR) is a law created to fill your inbox with identikit warnings from every company you have ever interacted with online that “the privacy policy has changed” and pleas to “just click here so we can stay in touch”.But GDPR is far more than just an inbox-clogger. The regula
  
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• Tesco to axe 'confusing' best before dates on its fruit and vegetables

  21-05-2018 14:44 via theguardian.com
  Scores of retailer’s own-brand items will have no date label in drive to reduce food waste
  Tesco will scrap “confusing” best before dates on nearly 70 fresh fruit and vegetable products in its latest move to reduce food waste.
  Shoppers will no longer find date labels on some of the retailer’s own-brand apples, potatoes, tomatoes, lemons and onions, which it hopes will prevent them from being thrown away while still edible. Continue reading...
  
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• 'Water firm took £1,500 from me – but won't give it back'

  21-05-2018 14:26 via theguardian.com
  Castle Water blames Thames Water and has held up my money for more than six monthsOver a year ago, I lived in a flat and paid my water bills to Thames Water. After I left, my account was sold as part of a bundle of business water accounts to Castle Water. This was an error since my flat was a residential address. I had already paid all my water bills. Incredibly, Castle Water then took a series of payments from my bank account totalling around £1,500. Continue reading...
  
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• Cancellations and delays as new rail timetables introduced

  21-05-2018 13:21 via theguardian.com
  Northern and Thameslink services particularly affected on ‘meltdown Monday’Widespread cancellations and disruption have accompanied the introduction of new rail timetables, with Northern and Thameslink services particularly badly affected.Many commuters who had altered their normal routines for rescheduled trains arrived at stations on Monday morning only to find services cancelled.Continue reading...
  
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• Which is the best reusable coffee cup?

  21-05-2018 13:09 via theguardian.com
  Waitrose says I have to bring my own cup – what should I get, and is this a ploy to stop the freebies?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.My local Waitrose says I have to bring my own coffee cup from next week. Two questions: which is the best reusable cup (some are more than £20!); and is this a ploy so that we don’t go in to get
  
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• Cryptocurrencies have a mysterious allure – but are they just a fad? | Robert Shiller

  21-05-2018 12:45 via theguardian.com
  Attempts to reinvent money such as bitcoin often create excitement, but achieve littleThe cryptocurrency revolution, which started with bitcoin in 2009, claims to be inventing new kinds of money. There are now nearly 2,000 cryptocurrencies, and millions of people worldwide are excited by them. What accounts for this enthusiasm, which so far remains undampened by warnings that the revolution is a sham?One must bear in mind that attempts to reinvent money have a long history. As the sociologist Vi
  
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• Ryanair: rising number of bags at gate may prompt review of rules

  21-05-2018 10:28 via theguardian.com
  Chief executive also warns airline could face strikes as it reports 10% rise in profits•Ryanair boss rides out turbulence of bad publicityThe Ryanair chief executive, Michael O’Leary, has said the airline may have to review its new luggage policy if large numbers of passengers continue to hand over their bags at the gate.Ryanair has introduced a stricter cabin bag policy, which means customers have to pay £5 for priority boarding to avoid having their main cabin bag checked in t
  
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• Selling your home by raffle could be a gamble

  21-05-2018 08:54 via theguardian.com
  It may seem like a lucrative way to beat the market, but you could end up out of pocketIt was an ambitious plan: Donna Pirie offered to give away her £1.7m Aberdeenshire mansion in a competition, but she wanted to sell £3.75m worth of tickets to do so and give £1m to charity.In the end, she sold just 10,000 tickets at £25 each – totalling £250,000 – despite national newspaper coverage. The terms and conditions of the competition allowed her to delay the
  
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• House price inflation in parts of Wales hits 10%, while London falls

  21-05-2018 08:00 via theguardian.com
  As buyers rush to beat the new stamp duty rates, property prices in Monmouthshire leap 11.3% in a yearA rush to beat new stamp duty rates has pushed annual house price inflation in large parts of Wales to above 10%, in sharp contrast to rapidly declining prices in London.Prices in Monmouthshire jumped by 11.3% in the year to the end of March, according to the Your Move index. But the rugged landscape of the Brecon Beacons appears to be the last refuge of the property boom, with Your Move reporti
  
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• Have you been affected by Thameslink timetable changes?

  21-05-2018 06:30 via theguardian.com
  Passenger groups and unions have been critical of changes they say could mean working lives are severely impacted
  Commuters across England face altered or reduced services as part of the biggest change to timetables in living memory, set to cause disruption beginning Sunday.Why is this rail timetable change significant?
  New timetables are published every year but normally with minor tweaks. This year Govia Thameslink Railway, which carries about 500,000 passengers daily, has redrawn its schedule
  
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