Financial news

• Scrapping 1p and 2p coins would NOT push up inflation, say Bank of England

  22-08-2018 18:34 via feedproxy.google.com
  BANK of England economists have waded into the debate over the future of 1p and 2p coins after claiming that scrapping coppers from circulation would not push up inflation.
  
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• TOUCH BIOMETRIX's cheaper and safer technology spells the end of passwords

  22-08-2018 18:20 via feedproxy.google.com
  British start-up Touch Biometrix’s ground-breaking fingerprint technology, that’s so safe and cheap it could make passwords on any phone or computer obsolete, will start product trials next year following new backing.
  
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• The pleasure of life before Ticketmaster | Letters

  22-08-2018 17:39
  Some of us remember when we could ring the box office of a theatre and reserve a ticket for the price of the ticket and no more, writes Rosemary ChamberlinRob Davies praises Ticketmaster for closing down its resale sites (Report, 18 August). Some of us remember life before Ticketmaster when we could ring the box office of a theatre or concert hall and reserve a ticket for the price of the ticket and no more. Then, insidiously, “ticket partners” took over the work of the box office an
  
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• Bitcoin price LIVE: BTC jumps $400 in one hour - is bitcoin about to skyrocket?

  22-08-2018 17:32 via feedproxy.google.com
  BITCOIN prices leaped more than $400 today in an unexpected surge of investor interest. Here are the latest news and live updates.
  
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• Risk of scrapping 1p and 2p coins 'unfounded'

  22-08-2018 17:00
  Bank of England report says withdrawal of coppers would have no significant impact on pricesBank of England economists have reignited the debate over the future of 1p and 2p coins, arguing their removal from circulation would not stoke inflation.In a blog post on Wednesday the analysts said their work and the “overwhelming” evidence suggested the withdrawal of coppers would have “no significant impact on prices”. Continue reading...
  
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• Ryanair apologises after compensation cheques bounce

  22-08-2018 15:02
  Airline says ‘small number’ of cheques issued over cancelled flights did not have signaturesRyanair passengers have described experiencing months of frustration and confusion due to bounced compensation cheques.The airline has apologised, saying that a “very small number” of cheques processed in July had been sent out without a signature due to an administrative error. Continue reading...
  
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• Help-to-buy pushes Persimmon profits up by 13%

  22-08-2018 13:50
  Government scheme helps housebuilder thrive despite housing market slowdownThe housebuilder Persimmon has reported that its profits rose by 13% in the first half of the year, boosted by the government’s help-to-buy scheme and competitive mortgage deals.Pretax profits jumped to £516m from £457m in the six months to 30 June, and Persimmon said it expected further growth in the second half of the year, bucking the wider trend of a slowing UK housing market. Continue reading...
  
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• Pound euro exchange rate: GBP weakens as Brexit talks enter 'final stage'

  22-08-2018 13:47 via feedproxy.google.com
  THE pound has retreated against the euro this morning, with GBP trading near €1.112.
  
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• Superdrug targeted by hackers who claim to have 20,000 customer details

  22-08-2018 09:38
  Health and beauty retailer advises online customers to change their passwordsSuperdrug has advised its online customers to change their passwords after the high street chain was targeted by hackers claiming to have stolen the personal details of thousands of people.The health and beauty retailer told customers it had been contacted by a group on Monday evening claiming to have obtained the details of 20,000 customers, including names, addresses, dates of birth and phone numbers.Continue reading.
  
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• Undercover check finds discrimination against tenants on benefits

  22-08-2018 08:01
  Shelter plans legal action after investigation with the National Housing FederationAn undercover investigation by housing charity Shelter has found routine discrimination by letting agents against tenants on housing benefit, with national chain Haart named as the “worst offender”.Working with the National Housing Federation, Shelter researchers called 149 letting branches around the UK, and found that one in 10 had a blanket ban rejecting any applicants on housing benefit. Continue r
  
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• ‘I was horrified when PayPal took our cancer charity money’

  22-08-2018 08:00
  The amount raised in memory of a 12-year-old who died was suddenly £607 shortI am an art teacher and I was asked to run an eBay art auction, Sophie’s Postcards, in memory of Sophie Maria Taylor, a pupil at my school who died from cancer at the age of 12 last April. It far exceeded our expectations with contributions by Sir Quentin Blake, Harry Potter illustrator Thomas Taylor and many other artists and pupils. The works were turned into 570 postcards and all the money raised is to go
  
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• Green energy tariffs 'no longer an expensive luxury', study finds

  22-08-2018 07:01
  Green deals account for half of cheapest 10 tariffs, despite public thinking they are dearer, says uSwitchGreen tariffs now account for many of the cheapest deals on the energy market, despite many consumers still wrongly believing renewable energy deals are more expensive.Half of the top 10 cheapest tariffs are green ones offered by challenger suppliers taking on the big six.Continue reading...
  
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• EU vows to get tough on UK's market access after Brexit - Financial Times

  22-08-2018 06:01
  Financial Times
  EU vows to get tough on UK's market access after Brexit
  Financial Times
  The EU's financial services chief has warned that Brussels will be strict in policing the Britain's rights of access to the bloc's market after Brexit. Valdis Dombrovskis said he welcomed UK proposals to build market access for the City of London ...en meer »
  
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• Rail works and strikes to disrupt August bank holiday travel

  22-08-2018 01:01
  London Euston station will close for three days, adding to road congestionEngineering works, including the three-day closure of one of Britain’s busiest stations, are set to disrupt rail travel and add to road congestion over the August bank holiday weekend.Network Rail urged passengers to check their route before travelling, while motoring organisations said that road traffic would peak on Friday before the busiest weekend of the summer.Continue reading...
  
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