Financial news

• Apple sees record-breaking quarter with $62.9bn in revenues

  01-11-2018 22:14
  Fourth quarter sees revenues from services such as iCloud and Apple Music hit all-time high of $10bnApple, the world’s first company to be valued at $1 trillion, continues to grow at speed and has announced a double-digit increase in revenue.Slightly exceeding projected revenues, with $62.9bn, the tech giant is up roughly 20% over last year. Continue reading...
  
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• MPs ask for clarity on plans to crack down on rogue landlords

  01-11-2018 21:19 via theguardian.com
  Concerns raised after Guardian and ITV exposed unfit landlords still collecting rentThe chair of the Commons housing select committee has urged the government to give details of how it will crack down on rogue landlords, in the wake of an investigation by the Guardian and ITV.Clive Betts, the Labour MP who leads the housing, communities and local government committee, wrote that the investigation “highlighted significant issues around the effectiveness of current government policies”
  
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• The City should calm down – it could end up becoming a rule taker | Nils Pratley

  01-11-2018 20:26
  Whatever Brexit deal on financial services has been mooted, it’s unlikely to have reached the nitty-gritty stageThe City should not celebrate too soon. If an EU-UK deal on financial services is in prospect, it won’t be the one that was originally hoped for. The UK’s old ambition for a “mutual recognition” pact was ditched in the summer because the EU wouldn’t tolerate anything that looked like cherry-picking. Thus Thursday’s excitement, which provoked a
  
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• US justice department charges former Goldman bankers in 1MDB scandal

  01-11-2018 20:21
  Charges of conspiring to launder billions embezzled by Malaysia’s state development fund are first to be brought by US authorities1MDB scandal explained The US justice department has charged two former Goldman Sachs bankers and the Malaysian financier Jho Low with conspiring to launder billions of dollars embezzled from Malaysia’s state development fund.The criminal charges are the first to be brought by US authorities over the vast, long-running scandal at 1Malaysia Development Berh
  
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• Why are central banks suddenly buying gold? Gold buying at highest level for three years

  01-11-2018 20:17 via feedproxy.google.com
  CENTRAL banks’ gold buying has peaked to its highest level since the fourth quarter of 2015. Why are central banks suddenly buying gold?
  
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• US charges Chinese companies with stealing trade secrets

  01-11-2018 19:46
  Justice department says they targeted Idaho-based Micron over a technology it produces that stores memory in electronicsThe United States has charged companies in China and Taiwan and three individuals with stealing trade secrets from a US semi-conductor company, the justice department announced on Thursday. Related: China reveals trade war strain as yuan slides and manufacturing stallsContinue reading...
  
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• Sports minister resigns over delay to gambling curb

  01-11-2018 19:15
  Tracey Crouch launched review that cut fixed-odds betting terminal stakes from £100 maximum to £2Sports minister Tracey Crouch has resigned in protest at the government’s “unjustifiable” refusal to speed up plans to curb controversial fixed-odds betting terminals (FOBTs).Crouch, who launched the review that concluded that FOBT stakes should be slashed from £100 to £2, quit after the chancellor revealed in this week’s budget that the change would no
  
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• Pound exchange rate LIVE: Sterling SOARS as Brexit deal in 'firmly in sight'

  01-11-2018 18:06 via feedproxy.google.com
  THE pound marked its biggest rally in nine months against the dollar after Brexit Secretary Dominic Raab announced he expected a deal to be struck with Brussels by November 21.
  
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• Bitcoin price TODAY: Bitcoin confirms THREE MONTH losing streak

  01-11-2018 17:31 via feedproxy.google.com
  BITCOIN has experienced its first three-month losing streak since 2015. So what is the bitcoin price today?
  
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• Premium bonds November checker: Have YOU won November premium bonds prize?

  01-11-2018 14:25 via feedproxy.google.com
  PREMIUM bonds will have made two people a millionaire today, as November’s numbers have been released. Have you been lucky enough to claim a prize?
  
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• No UK interest rate rise but plenty of no-deal Brexit warnings

  01-11-2018 13:31
  The Bank of England warning aims to focus MPs’ minds on getting a Brexit deal done. Project Fear Mk II might just workPicture the scene. The UK economy is in turmoil after the government fails to reach a Brexit deal with the EU. Amid fears of a looming recession, the Bank of England turns the screw by raising interest rates.Unlikely? Not according to Threadneedle Street, which has warned there is no guarantee that it would respond to the shock of a no-deal Brexit by reducing borrowing cost
  
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• Premium Bonds checker: How to check November premium bonds winning numbers

  01-11-2018 12:56 via feedproxy.google.com
  PREMIUM bond numbers have been released today and investors could log into their account to see a huge return. How can you check the November bonds winning numbers?
  
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• Premium Bonds November 2018: Winning numbers - who won the Premium Bonds November jackpot?

  01-11-2018 12:14 via feedproxy.google.com
  NOVEMBER’S Premium Bond numbers have been drawn and two people will have their lives changed as millionaires. So what are the winning numbers?
  
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• November 2018 Premium Bonds: Who won the Premium Bonds November jackpot?

  01-11-2018 11:36 via feedproxy.google.com
  NOVEMBER’S premium bonds prizes have been drawn. But who won the Premium Bonds November jackpot?
  
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• UK house price growth at lowest annual rate since 2013 – Nationwide

  01-11-2018 09:48 via theguardian.com
  Lender says average house value rose 1.6% in October from a year ago, the slowest annual pace in five years House prices across the UK are rising at the slowest annual pace in more than five years, according to Britain’s biggest building society.The average property value rose 1.6% in October from a year ago, down from September’s 2% and the lowest annual growth rate since May 2013, Nationwide said. Continue reading...
  
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• I paid £740 for a mobility scooter, but now it won't work

  01-11-2018 08:00 via theguardian.com
  I was told it was broken and out of warranty because I hadn’t fully charged it once a weekI bought a £740 mobility scooter online from mobilityscootersplus.com, for my mother. She was only able to use it when I visited her every three weeks (I live 200 miles away). It worked fine on the first three short journeys. But on my fourth visit, the battery, which I’d recharged at the end each outing, was dead. I tried recharging it, but it stayed dead. The company told me that by leav
  
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