Financial news

• US justice department causes jitters for Glencore | Nils Pratley

  03-07-2018 19:38 via theguardian.com
  Action shows why some fund managers have always regarded mining firm as un-investableGlencore is the Swiss-based FTSE 100 miner that goes where others fear to tread. The hunt for higher returns hasn’t obviously paid off – the 2011 flotation price of 530p hasn’t been seen since – but the company’s appetite to operate in countries such as the Democratic Republic of the Congo (DRC) is undimmed. It’s what chief executive, Ivan Glasenberg, and his crew do. The stoc
  
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• UK housing means high rents and low standards | Letters

  03-07-2018 18:08
  Still no rent control proposals, notes Henry C Pryor, while Bruce Tolfield writes of a low quality culture in the construction industry, Tony Perkins makes the argument for ‘micro-living’ for millennials, and Jim Wood has little sympathy for angry landlordsThe Home Builders Federation supported by the NHBC (the warranty providers) reported that 98% of the first owners of new houses discover defects on moving in (MPs call for ombudsman to resolve new build problems, 30 June). Bea
  
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• Court upholds Welsh damages award over Japanese knotweed

  03-07-2018 13:02
  Two neighbours in south Wales sued Network Rail over plant encroaching on their landLandowners will be able to claim damages if the “pernicious” Japanese knotweed has encroached on their property, after a court of appeal ruling.
  In a decision that could have implications for landowners across England and Wales, three judges ruled in favour of two householders whose properties had been affected by the hazardous plant. Continue reading...
  
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• How department store Liberty is fashioning success in-store and online

  03-07-2018 12:19 via theguardian.com
  Once a favourite of Oscar Wilde, the mock-Tudor-fronted department store has rebooted with fresh designs and modern techConstructed from the timbers of two ships, mock-Tudor-fronted Liberty is one of London’s most recognisable stores.The business was founded by Arthur Lasenby Liberty in 1843 and praised by Oscar Wilde as “the chosen resort of the artistic shopper”. It’s steeped in history. And yet Liberty is also thriving in the 21st century, attracting shoppers from all
  
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• 'Bleeding' vegan burger to get UK launch in Tesco next month

  03-07-2018 12:06 via theguardian.com
  Beyond burgers, which sold out on US launch, to be stocked on shelves alongside meat A plant-based burger that “bleeds” from US brand Beyond Meat is to make its UK retail debut in Tesco in the first week of August.
  The Beyond burger – the company’s flagship vegan-friendly product which sold out after its May 2016 launch in the US – will be stocked alongside meat in in 350 branches of Tesco, in time for Britons’ late summer BBQs. Continue reading...
  
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• Business class: the life-changing science of taking risks – video

  03-07-2018 08:30 via theguardian.com
  What holds us back from pursuing our passions? What emboldens us to take the leap? Explore the science of risk v reward and escaping your comfort zone to energise your career.
  From type A entrepreneurs and side hustlers to those just dipping a toe, millions of people are building a business on ebay. Find out how here Continue reading...
  
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• Why did BA take off with my £2,000 double payment?

  03-07-2018 08:00
  I was forced to pay twice due to a website error, and I’ve been told a refund will take six weeksAt the beginning of June I used the BA website to book £2,000 worth of flights, but received an email the next day asking me to contact customer services as “something” had gone wrong with the booking.When I called I was told that the e-tickets had not been issued as the payment had not gone through. I attempted to pay twice using the same credit card, but the bank declined th
  
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• UK single-breadwinner families need 27% boost in income – report

  03-07-2018 01:01
  Thinktank says rising cost of transport, childcare and energy is hitting low-income familiesLow-income families need their disposable income to rise by nearly a third in order to meet rising transport, childcare and energy costs, according to a report. Continue reading...
  
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