Financial news

• Viagogo's refusal to talk to MPs over secondary ticketing 'disrespectful'

  05-09-2018 18:52 via theguardian.com
  Ticket resale firm cites legal reasons for non-attendance at parliamentary committee The ticket resale company Viagogo has been accused by MPs of gross discourtesy and evasion after refusing to attend a parliamentary committee for a second time.Members of the Digital, Culture, Media and Sport select committee were due to grill Viagogo on business practices that have made it the subject of political and regulatory scrutiny in recent years. Continue reading...
  
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• Rich overseas parents buy £2bn of property to get top school places

  05-09-2018 18:26 via theguardian.com
  Wealthy parents see London properties as route to private schools for their childrenWealthy parents from outside the UK bought about £2bn of property in London over the past year in order to get their children into private schools and universities in the capital, according to a high-end estate agent.Knight Frank said foreign buyers snapped up 2,162 properties valued at a combined £2bn in the year to the end of May, up from £1.65bn in the previous year. Continue reading...
  
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• Aircraft charter firm JETLOGIC streams ahead with new loyalty card

  05-09-2018 18:15 via feedproxy.google.com
  PRIVATE jet charter business Jetlogic has upped the stakes in an expanding international market by introducing a flexible frequent flyer card for customers. The Edinburgh-based company aims to capitalise on the recent soaring demand in the sector, which grew some 15 per cent last year.
  
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• The hidden, horrifying costs of being single | Emily Hill

  05-09-2018 15:43 via theguardian.com
  From council tax to gym membership and from rail travel to milk cartons: why are we penalised for not being in a couple?Ordinarily, we like to scare the bejesus out of our youth, in the hope they’ll turn out even more boring and compliant than we are. (“Sex’ll give you gonorrhoea. Drugs’ll kill you. Rock’n’roll died with Amy Winehouse – here’s Ed Sheeran!”) And there’s another kind of aberrant behaviour that society wants to prevent. Ki
  
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• Brexit latest: UK's financial powerhouse leaves EU rivals standing in new league ... - Express.co.uk

  05-09-2018 15:04
  Express.co.uk
  Brexit latest: UK's financial powerhouse leaves EU rivals standing in new league ...
  Express.co.uk
  The latest worldwide rankings from the New Financial think tank reveal even if the UK lost a quarter of its international trading sector as a result of Brexit it would still be twice the size of any other European business hub. And experts say the City ...
  London's Finance Industry Just Got Some Good Brexit NewsFortune
  UK Dominates Rest of Europe as Financial Center Despite BrexitSpu
  
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• Deutsche Bank removed from prestigious blue chip list as German bank plummets

  05-09-2018 14:59 via feedproxy.google.com
  GERMANY’S biggest bank Deutsche is set to drop out of Europe’s leading index of blue-chip companies.
  
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• Brexit latest: UK's financial powerhouse leaves EU rivals standing in new league table

  05-09-2018 14:23 via feedproxy.google.com
  BRITAIN is the most important financial centre in Europe by some distance and comes second only to the US globally, according to a new league table published today.
  
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• Bitcoin price PLUMMETS whopping $350 in MINUTES - Ethereum and Litecoin CRASH

  05-09-2018 13:38 via feedproxy.google.com
  BITCOIN values crashed 3 percent in just 10 minutes as the markets biggest cryptocurrencies suffered sharp drops.
  
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• Pound euro exchange rate: GBP dips despite surprise services PMI growth URL

  05-09-2018 11:59 via feedproxy.google.com
  THE pound has faced strong headwinds against the euro today, falling to €1.108 despite some supportive UK services sector data.
  
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• Pound US dollar exchange rate: GBP on the defensive despite service sector growth upswing

  05-09-2018 11:38 via feedproxy.google.com
  THE pound US dollar exchange rate is currently at around $1.282. This is down 0.2 per cent from today’s starting levels and leaving the pairing at a new two-week low.
  
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• We can and must rebalance the economy. Here’s how | Tom Kibasi

  05-09-2018 09:00 via theguardian.com
  From rising rents to stagnating wages, millions struggle in Britain’s skewed system. My thinktank has some answersToday, most people in poverty are in working households. Despite near full employment, pay continues to stagnate for the majority of people, even while growth has occurred. The nations and regions of the UK continue to diverge. For many, work is precarious as well as poorly paid: nearly a million people are on zero-hours contracts and many more are in bogus self-employment, whe
  
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• Why does Opodo have such rigid rules for its ‘flexible’ flight guarantee?

  05-09-2018 08:00 via theguardian.com
  I only needed to changed the date of my return flight, but encountered several obstaclesI used Opodo to book return flights from London to Hanoi. I needed flexibility with my return date and discovered an option called “flexible travel dates guarantee” which, for £31.91, allows for date changes without incurring an administration fee. On the online check-out page I found I was being charged twice. I was subsequently told that I have to buy the guarantee for both the outbound an
  
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• Thinktank calls for major overhaul of Britain's economy

  05-09-2018 01:01 via theguardian.com
  IPPR commission suggests changes on a par with Labour’s post-war reformsHelena Morrissey: ‘discussing radical proposals appealed’
  IPPR: 10 points for a better BritainQ&A: how unequal is Britain and are the poor getting poorerTom Kibasi: we can and must rebalance the economy
  A radical overhaul of Britain’s economy as far-reaching as Labour’s post-war reforms and the Thatcherite revolution in the 1980s is needed to address the UK’s chronic failure to raise t
  
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• Case study: how anyone can fall into debt despite working

  05-09-2018 01:01 via theguardian.com
  Ill health meant Paula Walton had to turn to payday loans and food banks even though she had a job in a building societyThinktank calls for major overhaul of Britain’s economyIPPR: 10 points for a better BritainQ&A: how unequal is Britain and are the poor getting poorerPaula Walton reached her lowest ebb when she needed to use her local food bank in Northampton.The 46-year-old works as an administrator at Nationwide building society, earning a salary above the minimum wage, yet still s
  
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