Financial news

• Focaccia and financial meltdown: can a Wall Street crash be beautiful?

  14-10-2018 13:00
  To novelist Enrico Pellegrini, predictions are beside the point. In a raging market, we must simply decide how to play the game I remember a New York story: the doctor who was always right. Related: World economy at risk of another financial crash, says IMFContinue reading...
  
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• Sheffield research labs look to power UK manufacturing after Brexit - Financial Times

  14-10-2018 11:54
  Financial Times
  Sheffield research labs look to power UK manufacturing after Brexit
  Financial Times
  In one sealed chamber, sprinklers are dousing a car with water — measuring the effects a winter rainstorm would have on engine noise and vibration. In another, a model building is swaying on a “shake table” that can simulate an earthquake, with ...
  
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• Savers’ hopes have been battered: but there are still ways to get good returns

  14-10-2018 08:00
  Banks failed to pass on the recent rate rise, so you need to look hard for the best dealsWhen the Bank of England raised interest rates in August for just the second time in 10 years, many savers breathed a sigh of relief that a “lost decade”, where they saw paltry returns on their money, might finally be ending. Any relief was shortlived, however, as it became apparent that banks were mostly not passing on the increase. It is estimated that less than a third of variable-rate savings
  
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• ‘New’ House of Fraser brings new problems for customers

  14-10-2018 08:00
  From the fear of losing the balance on a gift card to not getting a refund for returns, we ask: can you trust the store?Is it safe to order online at the “new” House of Fraser, now owned by Sports Direct? One customer who bought £380 of goods has found himself in a similar ordeal to the thousands of unhappy customers who lost out when the “old” company went into administration.Harps Singh, from Birmingham, paid £380 for three pairs of designer jeans in late Se
  
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• EU-UK summit on Brexit, China GDP data, Booker Prize - Financial Times

  14-10-2018 06:00
  Financial Times
  EU-UK summit on Brexit, China GDP data, Booker Prize
  Financial Times
  The FT's Josh de la Mare highlights the key stories to watch for in the week ahead, including a crunch EU-UK summit on Brexit, figures from China on GDP growth showing the impact of the trade war with the US, and who might win the Booker Prize. Share ...
  
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• Ground rents: consultation begins on ending leasehold abuses

  14-10-2018 05:43
  Majority of new-build homes would be sold as freehold and leaseholders helped to buy their leases outThe government is consulting on plans to combat leasehold abuse, including a crackdown on rogue landlords.The majority of new-build houses would be sold as freehold under proposals being put out for consultation on Monday by the housing ministry. Ground rents for new leases would be capped at the nominal sum of £10, down from the current average of £300. Continue reading...
  
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