Financial news

• New Tesco discount chain could launch as early as September

  22-07-2018 19:52 via theguardian.com
  Supermarket group looks to ramp up battle with Aldi and Lidl by opening up to 60 storesTesco is preparing to launch a new discount chain as early as September, as the supermarket ramps up its battle with the discounters Aldi and Lidl.Retail insiders say Tesco may name the chain Jack’s after a division of the grocery group recently attempted to register the name as a retail trademark. It was reported on Sunday that up to 60 stores could be launched by the UK’s biggest retailer.Continu
  
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• Cashless future far from certain | Letters

  22-07-2018 19:43 via theguardian.com
  Cash will continue to be a universal form of payment, says Tim Halford, and Hilary Chivall warns against society being totally dependent on electricity for online transactionsCash is dying, contactless is king – we’ve heard it so many times. Voices in the payment industry and the media are quick to decry the end of cash payments. Talk of the cashless society (Brett Scott, 19 July) is ubiquitous. In their enthusiasm, many forget that a cashless future is far from certain.Your article
  
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• Why the UK economy needs a platform 9¾ leap of imagination

  22-07-2018 14:29 via theguardian.com
  Harry Potter franchise typifies intangible value Britain has to be more adept at creating. Time to ditch the tangible mindsetTake a walk through King’s Cross station most days of the week, and you will see a crowd of people gathered among the usual rush of commuters and weary travellers awaiting the umpteenth delayed London-to-Leeds service.This isn’t the complaints queue for cancellations. These people have travelled from further afield than Bradford – from South Korea, the US
  
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• Five-minute guide to... Future of pensions dashboard

  22-07-2018 13:16 via feedproxy.google.com
  EVERYBODY is familiar with the concept of a dashboard, which gives the driver of a car or aircraft an at-a-glance view of all their controls, allowing them to plot a course and check on their progress.
  
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• Retail sector hit by profit alert surge

  22-07-2018 12:37 via feedproxy.google.com
  STRUGGLING retailers helped push the number of profit warnings issued by stock market listed companies up by nearly a third during the second quarter, according to accountancy giant EY.
  
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• Can you turn your dream summer home into a reality?

  22-07-2018 12:22 via feedproxy.google.com
  MILLIONS of Britons are jetting off for their annual summer holiday and many will return with renewed dreams of owning a second home or retirement property in the sun.
  
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• Sky to unveil pre-tax profits of £1.2billion

  22-07-2018 12:20 via feedproxy.google.com
  Sky is set to unveil pre-tax profits of £1.2billion on Thursday, at what insiders expect to be its last set of full-year results as an independent company.
  
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• New energy firms battle to compete

  22-07-2018 12:08 via feedproxy.google.com
  CHALLENGER energy suppliers have on average raised their prices by more than the Big Six this year according to research compiled by comparison site GoCompare.com.
  
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• Comment - Geoff Ho

  22-07-2018 12:03 via feedproxy.google.com
  UNITED Utilities has its annual meeting on Friday and do not be surprised if chief executive Steve Mogford is berated by shareholders over the water firm’s performance. Readers in the North-west have just over two weeks until United Utilities’ hose-pipe ban comes into force.
  
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• Gfinity looks beyond online e-sports to TV groups

  22-07-2018 11:35 via feedproxy.google.com
  GFINITY, the British "e-sports" company that organises and broadcasts online video game tournaments, is looking to strike deals with telecoms and television groups, as well as football rights holders.
  
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• Good results offer the tech giants a chance to change the subject

  22-07-2018 08:00 via theguardian.com
  After a torrid period for Silicon Valley’s reputation, strong financial news may help improve investors’ moodIn an age where nearly every commercial activity has a significant technological dimension, is it even possible to refer to “tech” companies any more? This week’s set of financial results are a case in point. The markets will hear from Spotify, which sells advertising and music; Twitter, Google and Facebook, which deploy a broad spread of techniques to sell a
  
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• Shop owner faces ‘killer’ rates ruin

  22-07-2018 06:20 via feedproxy.google.com
  A PROPERTY owner says her retirement plans are in ruins because of soaring business rates which are jeopardising the country’s high streets.
  
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