Financial news

• Unilever can't just expect UK fund managers to agree on going Dutch

  17-09-2018 20:16 via theguardian.com
  The firm wants to incorporate in the Netherlands, but UK shareholders have a duty to make their voice heard About time too. UK fund managers who will decide whether Unilever can go Dutch are starting to stir. David Cumming, the chief investment officer for equities at Aviva Investors, says his group will vote against the proposal. To encourage others to rebel, he adds that it’s hard to see any advantage in Unilever’s plan for any UK shareholder, which is a reasonable stance.Everybody
  
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• Train punctuality at 12-year low amid weather and timetable chaos

  17-09-2018 19:00 via theguardian.com
  One in seven trains missed target of arriving within five minutes of scheduled timeThe punctuality of Britain’s trains has reached a 12-year low amid disruption caused by extreme weather and timetable changes, according to “damning” statistics that emerged as the government weighs up launching a full-blown rail review.One in seven trains missed the industry’s target of arriving within five minutes of their scheduled time – or 10 minutes on long-distance services &nd
  
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• Could you retire early? The Fire Movement may have the magic formula

  17-09-2018 15:03 via theguardian.com
  A US blogger believes he has found the secret to never having to work again – but does it work for everyone?Name: the Fire Movement.Age: not quite a decade old. Continue reading...
  
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• To fight poverty, we must first understand more about those in its grip | Philippa Stroud and Campbell Robb

  17-09-2018 14:14 via theguardian.com
  We at the Social Metrics Commission call on policy-makers to use our findings to help alleviate poverty in BritainToday the Social Metrics Commission (SMC) is publishing its new measurement of poverty for the UK. This is significant because there is currently no official measurement of poverty for Britain, and no agreed targets to reduce poverty. We all want to live in a society where we protect each other from harm, and everyone is able to meet their needs and improve their prospects. If we do
  
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• Strawberry needle sabotage scare spreads to all six Australian states

  17-09-2018 13:29 via theguardian.com
  Man in Western Australia finds needle after washing fruit, after recalls elsewhereThe strawberry contamination scare in Australia, which has caused supermarkets to recall brands and farmers to dump fruit, has spread to all six of the country’s states, police have said.The supermarket chains Coles and Aldi had pulled strawberries from their shelves across Australia except in Western Australia, and on Monday police in that state said a suspected case had been identified there. Continue readi
  
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• Markets hit by fears of fresh Trump tariffs on China - business live

  17-09-2018 10:11 via theguardian.com
  All the day’s economic and financial news, including the latest in the US-China trade disputeIntroduction: Trump expected to impose tariffs on $200bn of Chinese imports
  Move could undermine negotiations
  Analyst: Trump is playing Bad Cop 9.11am BST Boom! China’s stock market has closed at its lowest level since 2014, as traders brace for fresh US tariffs.Today’s 1.1% slide takes the Shanghai Composite Index down to 2,651 points, the weakest point since late November 2014. 8.53am
  
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• Jaguar Land Rover boss 'scaremongering' on no-deal Brexit, says Tory

  17-09-2018 09:58 via theguardian.com
  Hard Brexiter Bernard Jenkin says worries about border delays are unfoundedA leading Conservative Brexiter has accused the head of Jaguar Land Rover of inventing dire consequences for his company of a no-deal Brexit, saying people no longer believed the “scaremongers” in the debate.Bernard Jenkin, the MP for Harwich and North Essex and a member of the European Research Group (ERG) collection of hard-Brexit-backing Tories, said Ralf Speth, the chief executive of Britain biggest car ma
  
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• Should I sign a statement confirming I have no rights to my boyfriend’s flat?

  17-09-2018 08:29 via theguardian.com
  We live together but I don’t pay rent and I’m worried it will affect our mortgage when we buy a houseQ Shortly after I met my boyfriend in September 2016 he bought a flat. I moved in with him in June 2017. I pay half of the bills, but I don’t pay any rent money, because this flat is his only and I never wanted contribute to his mortgage. When he bought the flat he took out a two-year fixed-rate mortgage which needs to be renewed very soon. The first time he used a broker but th
  
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• Why did Milk & More cancel my delivery for no reason?

  17-09-2018 08:16 via theguardian.com
  It claimed there were problems with my credit card, but there was nothing wrongIt looks as though Milk & More (the milk delivery service) is up to its old tricks. It recently switched from collecting payments one month in arrears, to one week in advance. Overnight, I received a message saying it had “attempted to take your weekly payment on three occasions but unfortunately have been unable to. Your regular deliveries for this week, commencing Monday, 3 September, have been cancelled.
  
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• Robots in workplace 'could create double the jobs they destroy'

  17-09-2018 01:01 via theguardian.com
  Rise of machines could lead to 133m jobs globally in next decade – WEF reportThe rise of machines, robots and algorithms in the workplace stands to create almost double the number of jobs for the global economy by the middle of the next decade than it puts at risk of being replaced.According to the World Economic Forum (WEF), about 133m jobs globally could be created with the help of rapid technological advances in the workplace over the next decade, compared with 75m that could be displac
  
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