Financial news

• Online mattress start-up Casper wants showrooms in the UK by the end of the year

  17-06-2018 23:03 via feedproxy.google.com
  CASPER, the US retailer that pioneered selling mattresses online, is looking to open bricks-an-dmortar showrooms in the UK, according to co-founder Constantin Eis.
  
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• Five-minute guide to: Automated wealth planning advance

  17-06-2018 17:13 via feedproxy.google.com
  SOME FEAR that robots are set to take over the world and they are certainly keen to take full control of your finances. So-called robo-advisers are looking to terminate flesh-and-blood independent financial advisers by using automated programmes to build low-cost investment portfolios for ordinary people.
  
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• Hard-pressed savers see another door slammed shut

  17-06-2018 17:12 via feedproxy.google.com
  Life got even tougher for savers last week after National Savings & investments slashed the maximum sums payable into some of its most popular products by an incredible 99 per cent. The treasury- backed savings specialist has hacked down the investment limit on its hugely popular guaranteed growth Bonds and guaranteed income Bonds from £1 million to just £10,000 per person, with immediate effect.
  
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• ‘It was heartbreaking’: can a town survive when its M&S closes?

  17-06-2018 15:00
  Marks & Spencer’s announcement last month that it would close more than 100 stores by 2022 sent shockwaves along UK high streets. In 2015, Aldershot lost theirs – and this is what happened next
  Beneath the ghostly imprint of the Marks & Spencer lettering, Kerryann Wade recalls the day management called staff upstairs to a meeting. It was June 2015 and the store in Aldershot had survived, while shops around it disappeared. Just a few doors along the Hampshire town’s High
  
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• Paper straw factory to open in Britain as restaurants ditch plastic

  17-06-2018 13:25
  Production line in Ebbw Vale, Wales, to make straws for McDonald’s and othersNo paper straws have been made in Britain for the last several decades. But that is about to change as a group of packaging industry veterans prepare to open a dedicated paper straw production line in Ebbw Vale, Wales, making hundreds of millions of straws a year for McDonald’s and other food companies as they prepare for a ban on plastic straws in the UK.“We spotted a huge opportunity, and we went for
  
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• It's easy to see why populists do well in an age of insecurity | Larry Elliott

  17-06-2018 13:11
  Living through the biggest economic slump in a century, it’s no surprise people are angryThere has been much debate about why the public has started to lose faith in mainstream political parties but the reason behind the rise of populism doesn’t take much working out. The past decade has seen the biggest financial crisis in a century, the biggest slump since the Great Depression and the slowest recovery since the second world war. Living standards have flatlined and public spending h
  
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• End of the great card payment rip-off? No, it’s just a new one

  17-06-2018 08:00
  Rules designed to protect the consumer from extra credit and debit card charges seem to have backfiredIt was meant to be the end of the rip-off that cost consumers hundreds of millions of pounds a year. In January, all extra charges for using a credit or debit card to pay for goods and services were banned to prevent nasty surprises at the checkout. However, five months on, increases in the cost of transactions by Visa and Mastercard mean consumers now face the prospect of paying more for goods
  
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