Financial news

• Private PARKING ENFORCER hounds disabled Blue Badge car owner

  09-07-2018 20:21 via feedproxy.google.com
  TWO years after a disabled car owner fended off an unjust private parking charge, operator UKCPS through its debt collector redoubled its efforts to make the penalty stick.
  
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• Martin Sorrell on verge of £266m MediaMonks takeover

  09-07-2018 18:36 via theguardian.com
  Move will escalate hostilities with WPP, the advertising firm he founded but left in AprilSir Martin Sorrell is on the verge of a €300m (£266m) takeover that will escalate hostilities with WPP, the advertising group he founded before sensationally resigning after 30 years at the helm.The acquisition by Sorrell of Dutch agency MediaMonks, which could be announced as soon as Tuesday, comes after WPP told its former chief executive it would withhold up to £20m in future bonus payme
  
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• Rail firms forced to abandon winter timetable changes

  09-07-2018 18:12
  Train operators will leave schedules unchanged to avoid repeat of May fiascoSweeping rail timetable changes planned for December are to be abandoned as the industry seeks to avoid a repeat of the fiasco in May when tens of thousands of services did not run.Train operating companies that had been expecting to add more services this winter will have their introduction deferred until 2019.Continue reading...
  
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• Hybrid cars to be exempt from 2040 petrol and diesel ban

  09-07-2018 18:07
  Move angers environmental campaigners but is welcomed by automotive industryPetrol and diesel hybrid cars will still be permitted to be sold in 2040, the government has conceded, in a move that has angered environmental campaigners but was welcomed by the car industry. Ministers last year pledged to ban new cars powered by fossil fuels by 2040 but the transport secretary, Chris Grayling, confirmed on Monday that hybrid cars – powered by electricity and diesel or petrol – would be exe
  
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• British fashion manufacturer calls for major reform of the Apprenticeship Levy

  09-07-2018 17:56 via feedproxy.google.com
  IN 2015 the government set a target of creating three million apprenticeships by 2020. Last year, to fund the scheme a 0.5 per cent levy was introduced to be paid by employers with a payroll of over £3 million.
  
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• Brexit wines: who’s for a glass of chateau du border chaos?

  09-07-2018 17:47 via theguardian.com
  From today, the Wetherspoon chairman Tim Martin is offering a new selection of non-EU drinks. Anyone for a Thornbridge Versa Weisse?
  Name: Brexit wine.Age: Brand new. Continue reading...
  
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• Fashion manufacturer DAVID NIEPER to open UK fabric printing plant

  09-07-2018 17:37 via feedproxy.google.com
  LUXURY women’s fashion brand David Nieper, which designs and manufactures all its ranges in its own factory in Derbyshire, is rolling out the UK’s first digital printing plant for jersey fabric.
  
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• Will Trump's tariff war alter the balance of economic power? | Mohamed El-Erian

  09-07-2018 14:47 via theguardian.com
  While it has sizeable risks, the US battle with China could open the door to a new eraThe latest round of tit-for-tat tariffs by the United States and China has intensified the global debate about whether the world is facing a mere trade skirmish or heading rapidly toward a full-blown trade war. But what is really at stake may be even more fundamental. Either accidentally or by design, Donald Trump’s administration may have paved the way for a “Reagan moment” for the internati
  
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• Starbucks to ditch plastic straws globally by 2020 to help environment

  09-07-2018 13:38 via theguardian.com
  Seattle-based company will use other materials for strawsStrawless lids to debut in Seattle and Vancouver this fallStarbucks will eliminate plastic straws from its stores globally by 2020, in a nod to the growing push for businesses to be more environmentally friendly. The Seattle-based company said on Monday it will instead use straws made from other materials, and lids designed not to need straws.Continue reading...
  
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• Bitcoin price warning: BTC will drop to ‘$100' after being 'regulated into oblivion'

  09-07-2018 13:23 via feedproxy.google.com
  BITCOIN could be “worth just $100 in 10 years” says Nobel Prize-winning economist Joseph Stiglitz who claims digital currencies will be “regulated into oblivion” in a future clampdown on money laundering.
  
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• Rail passengers in timetable chaos face compensation battle

  09-07-2018 12:53
  Frustrated travellers trying to cope with a disrupted service must fight for refundsFahd Izbal booked tickets for his train journey from Bridge of Allan, Stirling, to London King’s Cross three months in advance to be on the safe side. On the day, he was at the station early for the first leg of the trip, the 06.01 ScotRail service to Edinburgh. The train never arrived, nor was there any mention of it on the departure board. ScotRail told him that the service had never existed on the timeta
  
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• Death under the arches: the businesses at risk due to rail sell-off - video

  09-07-2018 12:00 via theguardian.com
  Network Rail, Britain's largest landlord of small businesses, is selling off its £1.4bn property portfolio, including every railway arch in the country. Thousands of firms based in the arches face an uncertain future as investment funds gather to snap up the bargain 999-year lease* Photograph: David Levine for the Guardian  Continue reading...
  
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• Pound euro exchange rate: GBP surges after David Davis resignation

  09-07-2018 11:35 via feedproxy.google.com
  THE pound euro exchange rate is currently trading at €1.134, with the pound advancing around 0.3 percent against the euro this morning. It comes after the resignation of Brexit Secretary David Davis.
  
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• Pound US dollar exchange rate: GBP rises despite David Davis resignation

  09-07-2018 11:28 via feedproxy.google.com
  THE pound has risen by 0.5 percent against the US dollar today, pushing the exchange rate up to a level of $1.335. This is close to the best level of trading since 15 June and is mainly down to US dollar weakness.
  
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• I have a joint mortgage – what can I do if my partner dies?

  09-07-2018 08:36
  My insurer says the surviving partner can stay in our home if we create a flexible trustQ My wife and I jointly own the home we live in and we are concerned about what would happen in the event of one of us dying leaving the surviving partner with all of the financial responsibilities including payment of the mortgage. We spoke to Legal & General and they said that the surviving partner would be able to stay in the property without fear of being evicted due to not being able to keep up with
  
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• 'Make yourself indispensable': how to turn an internship into a job

  09-07-2018 08:00
  Work hard to connect with everyone, listen and learn, says Sharmadean ReidThere was a firecracker of an intern, Emily, at a friend’s startup who showed incredible chutzpah by writing her own job description and salary and presenting a business case to management on why she should be hired. That’s what it takes. Have you shown your potential employers that you are hungry for a role?While I spend a lot of time convincing people to join our teams, I also won’t hire anyone who does
  
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• Is the UK Passport Office having another meltdown?

  09-07-2018 08:00
  I’ve been trying to book a face-to-face interview appointment, but the system is down againThe UK Passport Office’s appointment booking system has been out of action for 36 hours and I cannot get any sense of what is going on. There has been no information, but callers are being told to keep trying on subsequent days as the system is down nationwide. I need to urgently book an interview appointment for my brother, who has Asperger’s, so it’s making the whole getting-a-pas
  
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