Financial news

• Rail passengers should get automatic compensation for delays, says Which?

  12-08-2018 18:09 via theguardian.com
  Labour backs consumer rights group’s call for simplified compensation systemRail companies are being urged to introduce automatic compensation across the whole network for passengers whose trains have been delayed or cancelled.Sharing testimony from commuters who say their relationships and mental health have suffered following months of disruption on Britain’s trains, the consumer rights body Which? said it was time for the government to “sort out this mess”. Continue re
  
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• Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery

  12-08-2018 13:57 via feedproxy.google.com
  BITCOIN price climbs slowly back into the green today as the market slowly builds back gains from an abysmal week. Here are the latest news and live updates.
  
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• Heatwave brings early harvest for German and French winemakers

  12-08-2018 13:49 via theguardian.com
  Vintners in Germany weeks ahead of schedule and French vineyards expect good vintageGerman and French vintners are harvesting their grapes weeks ahead of schedule following the heatwave that has affected much of Europe.While many German farmers have complained that the hot and dry climate has damaged their crops, with yields of some, such as wheat, expected to be down by as much as 50%, vintners have seen reason to celebrate. Continue reading...
  
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• Five-minute guide to earning an income from equities

  12-08-2018 11:52 via feedproxy.google.com
  SAVERS face yet more frustration as banks prove reluctant to pass on the recent base rate hike, but company dividends offer much-needed respite to income seekers.
  
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• Would house price crash be a blow for equity release?

  12-08-2018 11:12 via feedproxy.google.com
  HOMEOWNERS who have turned to equity release to raise much-needed cash in their final years may have been shocked by last week’s warning that a “major scandal” is brewing in the sector.
  
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• Store closures set to hit 10,000 mark

  12-08-2018 10:53 via feedproxy.google.com
  RETAILERS are heading for their worst year since 2008, in terms of both store closures and job losses, according to the Centre For Retail Research.
  
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• Banks profit despite PPI claims

  12-08-2018 10:49 via feedproxy.google.com
  BANKS will still have profited from selling payment protection insurance , even though they have been forced to set aside more than £40billion to cover mis-selling claims. The PPI scandal is regarded as the most expensive in the history of financial services.
  
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• Volkswagen rallies round ahead of compensation claims

  12-08-2018 10:34 via feedproxy.google.com
  VOLKSWAGEN dealers are scheduled to file their defence against Dieselgate compensation claims on Friday.
  
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• Raw sewage, no water, leaks - but service costs still rise for L&Q tenants

  12-08-2018 09:00 via theguardian.com
  Residents claim one of the UK’s largest housing associations is forcing them to live in substandard conditions despite years of complaintsOn Boxing Day last year, Sarah Henley and her partner were asleep alongside their eight-month-old baby Rudi when they were roused by cries. Water was pouring through the bedroom light fitting on to their son, soaking his cot and their bed. It was exactly two years since the couple had reported water leaks over a stairwell in the shared-ownership block ma
  
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• Hard-Brexit fantasists dislike hard economic realities | William Keegan

  12-08-2018 08:00 via theguardian.com
  Having complained that no one took no-deal seriously, the ideologues now seem unhappy that it is getting close scrutinyIt couldn’t happen to a nicer bunch of fantasists. Worried that the government was not making enough preparations for the possibility of no deal being reached in the “negotiations” with the other 27 members of the EU, the voluble Brexiters within and without the cabinet called for evidence.They have got it, in spades. The so-called impact assessments for no dea
  
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• A decade after the crash, we still borrow too much and invest too little

  12-08-2018 08:00 via theguardian.com
  The banking crisis prompted talk of economic reform, shared prosperity and a ‘march of the makers’. None of it has happenedA decade ago, Britain was in the early stages of what would turn out to be the deepest recession of recent times. It has never really recovered.Only twice in the past 10 years has the economy broken out of its post-crisis torpor. The first time was in late 2009 and early 2010, when the country was jolted back into life by the monetary and fiscal stimulus provided
  
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• Why do these high-flying City types think they are role models for real women? | Catherine Bennett

  12-08-2018 06:59 via theguardian.com
  Being instructed how to arrange our lives by those with a retinue of staff and a vast salary to pay them seems a bit richMaybe because it has, undeniably, a ring to it, maybe because of its supposed potential as both weapon and insurance policy, Madeleine Albright’s catchphrase “There’s a special place in hell for women who don’t help other women” refuses to go away. It’s still fine effectively to tell other women – given the strictly limited appeal of h
  
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• Big UK banks wade back into wealth management - Financial Times

  12-08-2018 06:01
  Financial Times
  Big UK banks wade back into wealth management
  Financial Times
  Britain's big banks are usually the targets of market disrupters, rather than the ones doing the disrupting. But with the sector finally on the hunt for new areas of growth after years of restructuring and regulatory issues, companies in the financial ...
  
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• UK economic figures out, southern African leaders meet - Financial Times

  12-08-2018 06:00
  Financial Times
  UK economic figures out, southern African leaders meet
  Financial Times
  The FT's Vanessa Kortekaas highlights the key stories to watch for in the coming week, including a raft of economic data in the UK, a southern African summit and results from UK insurers. Share on Twitter (link opens in a new browser window) · Share on ...
  
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• European funding for UK universities slips ahead of Brexit - Financial Times

  12-08-2018 05:01
  Financial Times
  European funding for UK universities slips ahead of Brexit
  Financial Times
  The share of European funding allocated to British universities is slipping, as higher education institutions face rising financial pressures ahead of Brexit. Figures from the Department for Business, Energy and Industrial Strategy analysing support ...en meer »
  
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