Financial news

• Beer rationed as UK's food-grade carbon dioxide runs low

  26-06-2018 20:46 via theguardian.com
  Convenience store supplier Booker limits beer, cider and soft drink sales as demand soarsThe UK’s biggest wholesaler has begun rationing beer, cider and soft drinks as rising demand amid the heatwave and England’s World Cup campaign comes up against a shortage of food-grade carbon dioxide gas (CO2) which is hitting supplies.Booker, which supplies thousands of convenience stores including the Londis, Budgens and Premier chains, as well as restaurant chains including Wagamama and Carlu
  
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• Brexit ministers need to put facts before ideology | Nils Pratley

  26-06-2018 19:53 via theguardian.com
  If the government says frictionless trade is vital, companies are entitled to ask how it’s meant to happenIf you want to laugh, or despair, go back and read the “automotive sector deal”, unveiled by the government in January as part of its shiny new industrial strategy. The contrast could not be greater between the document’s happy picture of industry and government working in harmony and today’s reality of falling investment and large employers pleading with minist
  
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• Bitcoin price: Cryptocurrency expert claims bitcoin price WILL rise despite latest SLUMP

  26-06-2018 19:30 via feedproxy.google.com
  BITCOIN price hit an all-time low this year as it plunged in price over the weekend – but cryptocurrency expert Claire Wells said she thinks bitcoin price will rise very soon.
  
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• Ferrovial to move international HQ out of UK because of Brexit

  26-06-2018 18:37 via theguardian.com
  Spanish conglomerate that owns 25% of Heathrow to relocate to AmsterdamThe Spanish infrastructure firm that manages Heathrow and owns 25% of the airport is to relocate its international head office from the UK to Amsterdam as a result of Brexit.
  “The reason for the move is to maintain these holdings under the umbrella of the EU’s legislation,” said a spokesman for Ferrovial, which also owns Aberdeen, Glasgow and Southampton airports. Continue reading...
  
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• Bitcoin to SOAR as major bank says European cryptocurrency uptake could DOUBLE

  26-06-2018 16:42 via feedproxy.google.com
  BITCOIN got an unexpected boost today after research from ING Bank found that cryptocurrencies are slowly moving towards public acceptance with over a third of respondents surprising economists by claiming that crypto is the future of spending online.
  
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• David Cameron’s Eton chum Octavius floats Mind Gym for millions

  26-06-2018 15:52 via feedproxy.google.com
  FOUNDERS of a corporate training business including an Eton schoolfriend of David Cameron will share a windfall this week. Mind Gym CEO Octavius Black and his wife Joanne, the chairman, will bag a combined £24million from its Aim listing, with co-founder Sebastian Bailey netting £22million.
  
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• Bitcoin price news: Bitcoin PLUMMETS - has BTC completely lost its way - will it continue?

  26-06-2018 15:22 via feedproxy.google.com
  BITCOIN’S falling prices continue to astound traders as the cryptocurrency plummets from its previous sky high prices. Will Bitcoin keep falling and has the bubble burst?
  
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• Tesco ends price matching

  26-06-2018 14:33 via feedproxy.google.com
  TESCO is ending its price-match scheme next month to focus on lower everyday prices. The brand guarantee scheme, set up in October 2015, compared the price of items against its big four supermarket rivals.
  
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• Clarks chief gets the boot

  26-06-2018 14:19 via feedproxy.google.com
  CLARKS boss Mike Shearwood has resigned after an investigation into complaints about his conduct. The Somerset-based shoe firm said: “Clarks recently learned that aspects of Mr Shearwood’s conduct, conversations and expressions fell short of the behaviours expected of all its employees on a number of occasions.
  
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• UK wrong to deny transgender woman pension at 60, court rules

  26-06-2018 11:39
  Woman told to wait until male pension age of 65 because she hadn’t annulled marriageThe UK government discriminated against a transgender woman who was denied a pension on reaching retirement age, the European court of justice has ruled.The case involves an individual identified only as MB who was born in 1948 and married a woman in 1974, having two children. She began to live as a woman in 1991 and underwent gender reassignment surgery in 1995. Continue reading...
  
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• Value for money? What a grim, cold way to talk about universities | Linda Drew

  26-06-2018 08:30
  Despite what the government thinks, higher education should be so much more than a ticket to a well-paid job
  According to the universities minister, Sam Gyimah, the most important thing about higher education is that it represents good value for money. The formula for this is clear: a research-intensive university, plus a degree in a science or business subject, equals cash for life. Of course, if you come from a background underrepresented in higher education, that formula works slightly less p
  
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• Virgin Trains ignored my Delay Repay claim – then passed it on to Trainline

  26-06-2018 08:00
  I was forced to take a taxi after my outward journey was halted, but I can’t get compensationIn January I bought two tickets via the Trainline app, using my disabled person’s railcard, to travel from Manningtree, Essex to Birmingham on 12 January. The London Euston to Birmingham leg is by Virgin. This part of the outward journey was halted at Rugby due to an incident. We were told to board a train to Coventry, where we were abandoned along with many others. We were already an hour la
  
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• London, Birmingham and Aberdeen now cost more to live in

  26-06-2018 01:01
  UK cities move up the ranks on worldwide cost of living list as pound rallies against the dollarThe pound’s strengthening against the dollar has increased the cost of living in London, Birmingham and Aberdeen, which have moved up the ranks of the world’s most expensive cities.Hong Kong is the world’s most expensive city for expatriates, followed by Tokyo, Zurich, Singapore and Seoul, according to a cost of living survey, which ranks 209 cities on the cost of a basket of more th
  
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