Financial news

• Ripple and monero added to cryptocurrency wallet

  22-06-2018 22:43 via feedproxy.google.com
  CRYPTOCURRENCY wallet provider Edge, originally called Airbitz, has added interface support for monero and ripple currencies.
  
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• UK Financial Conduct Authority Sets out Good Practice for Handling Financial ... - JD Supra (press release)

  22-06-2018 21:52
  JD Supra (press release)
  UK Financial Conduct Authority Sets out Good Practice for Handling Financial ...
  JD Supra (press release)
  The U.K. Financial Conduct Authority has published a "Dear CEO" letter to U.K. authorized banks, setting out its views on best practice that banks should adopt for handling the financial crime risks that may be posed by so-called crypto-assets. The FCA ...
  
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• More UK businesses join Airbus lead on hard Brexit warning - Financial Times

  22-06-2018 20:06
  Financial Times
  More UK businesses join Airbus lead on hard Brexit warning
  Financial Times
  Senior business executives on Friday voiced concern about the prospect of a hard Brexit, joining an outspoken warning by aerospace giant Airbus that the “severe negative consequences” of withdrawal from the EU could force it to leave Britain. John ...
  Airbus warns no-deal Brexit could see it leave UKFinancial Expressalle 1.678 nieuwsartikelen »
  
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• The death of the department store, a place out of time | Jess Cartner-Morley

  22-06-2018 18:27 via theguardian.com
  Big, bland stores are at odds with modern consumers’ need for speed and individualismI have a deep love for the fourth floor of John Lewis’s Oxford Street flagship. The homespun wizardry of the haberdashery department bewitches me like a grownup’s Diagon Alley. And when my children were little, I found the no-nonsense advice and cheery colours of the nursery department profoundly comforting. But even those of us who love department stores have to admit that it is, at this point
  
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• Let’s move to St Andrews: 1,000 years old – and it’s still an old romantic

  22-06-2018 17:30
  There’s gothic romance and it’s attractively odd, but maybe it’s not for you if you don’t like students or golfWhat’s going for it? As a romantic backdrop for a future king to meet their future queen, it couldn’t be improved. Rugged cliffs? Check. Wild, windy weather? Check. Glorious white sandy beaches for smoochy, regal walks? Check. Ruined gothic cathedral (dull-but-fascinating fact to entertain your intended: once the biggest cathedral in Scotland)? Check.
  
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• Bitcoin price news: Bitcoin prices CRASH after latest hack - What is the price of BTC?

  22-06-2018 16:11 via feedproxy.google.com
  BITCOIN prices are tumbling today amid a series of significant hacks and government clampdowns. The market has dropped down significantly today but what is the price of bitcoin now?
  
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• Craft beer revolution OVER? Beavertown sold to HEINEKEN - industry reacts

  22-06-2018 16:09 via feedproxy.google.com
  BEER giant Heineken has taken a minority stake in the popular independent beer brand Beavertown Brewery, however the news has left some members of the British beer community “gutted” as one of the UK’s most iconic beer brands loses its independence.
  
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• House of Fraser to close 31 STORES, 6,000 jobs cut in High Street crisis

  22-06-2018 15:37 via feedproxy.google.com
  HOUSE of FRASER has been given approval by creditors to close 31 stores, resulting in up to 6,000 job losses and dealing another massive blow to the UK high street.
  
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• Satellite groups no longer UK's sleeping giants - Financial Times

  22-06-2018 15:20
  Financial Times
  Satellite groups no longer UK's sleeping giants
  Financial Times
  Satellites were once the sleeping giant of UK technology. But the debate around the €10bn Galileo navigation system, focus of a bitter dispute between London and Brussels over post-Brexit access to the EU's military-grade service, has thrown the ...en meer »
  
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• Eight UK company pension schemes warned on rogue adviser threat - Financial Times

  22-06-2018 15:06
  Financial Times
  Eight UK company pension schemes warned on rogue adviser threat
  Financial Times
  Fears that the members of eight of the UK's largest company pension schemes are targets for rogue financial advisers have prompted an intervention by regulators. The Financial Conduct Authority (FCA) and the Pensions Regulator have alerted the trustees ...
  
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• Opec meeting: oil ministers are 'cooking up a deal' on production - business live

  22-06-2018 14:27 via theguardian.com
  All the day’s economic and financial news, as oil ministers meet in Vienna and Greece moves closer to exiting its bailout programmeLatest: Iran says deal is being cooked up todaySaudi: We won’t flood the marketOpec could agree to raise production by 1m barrels per dayOpec meeting in Vienna today
  Saudi Arabia want production boost; Iran does notTrump wants Opec to get oil price down 1.27pm BST Back in the UK, the Bank of England has warned that China’s economy poses a greater ri
  
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• Asda cuts petrol and diesel prices for second time in two weeks

  22-06-2018 14:03 via theguardian.com
  Supermarket reduces price caps at its 318 filling stations amid fall in wholesale costsAsda has cut its fuel prices amid a fall in wholesale costs.The supermarket has reduced its price caps by up to 2p per litre for unleaded petrol and 1p for diesel at its 318 filling stations. Continue reading...
  
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• Theresa May will listen to Airbus Brexit concerns, No 10 says

  22-06-2018 13:59 via theguardian.com
  Government is confident of Brexit deal that will prevent job cuts, Downing Street says
  Airbus plans UK job cuts amid fears of hard Brexit impactTheresa May will listen to the concerns of the aerospace giant Airbus, Downing Street has said, after it confirmed it was considering cutting thousands of jobs in the UK in the absence of more detail about post-Brexit trading arrangements.While officials at the Department for Business, Energy and Industrial Strategy (BEIS) were due to hold crisis talks w
  
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• Roland Rudd's driver questioned in insider dealing inquiry

  22-06-2018 13:50 via theguardian.com
  Interview of Finsbury PR chief’s employee is part of wider operation by regulatorA chauffeur who works for the City PR heavyweight Roland Rudd was questioned by financial regulators as part of an investigation into insider dealing, it has emerged.The driver is understood to have been interviewed about eight months ago with the full cooperation of Rudd’s PR firm, Finsbury, whose staff have since been informed. Senior executives were later questioned about his role. Continue reading...
  
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• Oil output to rise by 1m barrels a day in Opec deal – Saudi minister

  22-06-2018 13:38 via theguardian.com
  Delegates at Vienna meeting say talks have been fraught but unity can be maintainedMajor oil producers are set to pump about 1m more barrels a day to help cool crude prices as part of an Opec deal, according to Saudi Arabia’s energy minister.Khalid al-Falih said he was hopeful an agreement would be reached on Friday, minutes after meeting Iran, which has been the key holdout to a rise in output.Continue reading...
  
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• Bank of England warns on UK exposure to China's credit boom ... - Financial Times

  22-06-2018 13:32
  Financial Times
  Bank of England warns on UK exposure to China's credit boom ...
  Financial Times
  The UK's strong financial links with China risk leaving it exposed to a “hard landing” from the country's credit boom, the Bank of England said in research ...en meer »
  
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• Merkel’s NIGHTMARE: German car firms face 20% tariffs as Trump FIRES BACK in trade war

  22-06-2018 13:29 via feedproxy.google.com
  GERMANY’S massive auto sector coulds become the first victim of the escalating trade tariff war between Donald Trump’s US and the rest of the world after a car firm slashed its 2018 profit forecast.
  
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• Homes with lovely gardens – in pictures

  22-06-2018 12:32 via theguardian.com
  Green-fingered property hunters will love these five homes, from Devon to Cumbria Continue reading...
  
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• Green Finance Institute and Financial Services Skills Taskforce ... - GOV.UK

  22-06-2018 12:15
  GOV.UK
  Green Finance Institute and Financial Services Skills Taskforce ...
  GOV.UK
  A new Green Finance Institute and an industry-led Financial Services Skills Taskforce were announced by the Chancellor last night (21 June 2018) as part of his ...en meer »
  
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• 'We're in Leeds': West Yorkshire Playhouse changes name

  22-06-2018 12:05 via theguardian.com
  In a £15.8m redevelopment, the influential regional theatre will revert to its old nameThe West Yorkshire Playhouse, one of the most important of the UK’s regional theatres, plans to close its main spaces for more than a year and reopen after a £15.8m redevelopment with a new entrance, studio and name.The theatre said on Friday that it would reopen as the Leeds Playhouse, reverting to the name it had before moving to its current home at Quarry Hill in 1990. Continue reading...
  
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• What is Google doing with AI? Chips with Everything podcast

  22-06-2018 11:21 via theguardian.com
  Jordan Erica Webber chats to a panel of artificial intelligence experts about what Sundar Pichai’s seven objectives could mean in practiceSubscribe and review: Acast, Apple, Spotify, SoundCloud, AudioBoom, Mixcloud. Join the discussion on Facebook, Twitter or email us at [email protected] April 2017, the US Department of Defense launched an Algorithmic Warfare Cross-Functional Team, otherwise known as Project Maven. The project uses Google’s artificial intelligence to a
  
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• Dear Europe, if you want stop Trump, sanction his companies | Keith Ellison

  22-06-2018 10:00 via theguardian.com
  Trump can easily weather broad sanctions on the US economy. But sanctions targeting his own companies will sting in a way that he cannot ignoreDonald Trump has opened the largest rift between the US and its European allies since George W Bush’s illegal invasion of Iraq. From the Paris accord, to the Iran nuclear deal, to pushing for the inclusion of Russia in a G8, the US president has demonstrated no regard for Europe’s security interests. Europe, in turn, has failed to understand h
  
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• The Bank is betting on strong GDP for August interest rate rise | Nils Pratley

  22-06-2018 09:47 via theguardian.com
  Anything less than 0.4% for the second quarter could spell yet another embarrassing delayHere we go again. The Bank of England has restarted its drumroll in preparation for a rate hike. Andy Haldane, the Bank’s chief economist, has joined the rate-risers, expanding their number to three. As a whole, the nine-strong committee stuck to its line that the miserable 0.1% growth in GDP in the first quarter was a weather-induced blip. Its view that momentum will recover in the April to June quart
  
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• Amazon issues guidelines to support UK transgender employees ... - Financial Times

  22-06-2018 09:13
  Financial Times
  Amazon issues guidelines to support UK transgender employees ...
  Financial Times
  Amazon has issued new guidelines to support transgender employees in the UK in the latest move by a company to adapt management policies to reflect ...en meer »
  
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• ‘Currys left my £2,000 cooker in a derelict garage’

  22-06-2018 08:00 via theguardian.com
  Their delivery team arrived early, then left it somewhere it could be damaged by rainI ordered a £2,190 range cooker and was advised of a delivery slot. We were living in temporary accommodation while our house was being renovated, so we arranged to travel the 30 minutes to our property to receive it.Continue reading...
  
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• MPs to examine environmental footprint of UK fashion industry

  22-06-2018 07:01 via theguardian.com
  Inquiry will explore the carbon impact, resource use and water footprint of growing throwaway ‘fast fashion’ sectorMPs are to investigate the environmental impact of throwaway “fast fashion” in the UK amid growing concerns that the multi-billion pound industry is wasting valuable resources and contributing to climate change.The inquiry, launched on Friday by the House of Commons environmental audit committee, will explore the carbon impact, resource use and water footprin
  
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• eBay and Amazon delist faulty carbon monoxide alarms

  22-06-2018 07:01 via theguardian.com
  Which? found four alarms consistently failed to sound when gas was presentDozens of potentially deadly carbon monoxide alarms have been removed from sale by Amazon and eBay after a Which? investigation found some of them would not have protected their buyers.The consumer group tested four alarms that were on sale on both sites – including an Amazon bestseller – and found that they consistently failed to sound when the gas was present. Continue reading...
  
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