Financial news

• Let’s move to Wimborne Minster, Dorset: ‘Where white-haired ladies rock the Queen’s hairdo’

  02-11-2018 17:30 via theguardian.com
  It hasn’t changed that much since 1951What’s going for it? There are two Wimborne Minsters, one fitting neatly inside the other like a matryoshka doll. Wimborne Model Town, recreating the “real” one outside, was built in the 1950s and its Eastmans family butcher, H Langer & Sons leather goods and Thomas The Tank Engine trainline are consequently straight out of Call The Midwife. You shrink to normal size, though, in the “real” doppelganger, not that you&rs
  
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• Apple stock PLUNGES in shock tumble - Wall Street warns ‘tough pill to swallow’

  02-11-2018 16:32 via feedproxy.google.com
  STOCK in US tech giant Apple has plummeted today, shedding nearly seven percent of its price and wiping billions from the value of the company.
  
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• Homes for football fans – in pictures

  02-11-2018 15:46
  Kick back at these properties near grounds including Arsenal, Chelsea and Man Utd Continue reading...
  
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• Comparethemarket may have broken competition law, regulator says

  02-11-2018 15:21
  Price comparison site rebuked for preventing home insurers offering lower prices elsewhereComparethemarket.com, the price comparison site known for its meerkat adverts, has been condemned by regulators for prohibitive clauses that may have broken competition law and denied people better insurance deals.The site could eventually be fined millions of pounds after the Competition and Markets Authority said its investigation had “provisionally found it had broken the law by preventing home ins
  
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• One-third of UK workers got pay rise of 1% or less last year

  02-11-2018 14:23
  ONS figures show wages were roughly same as in previous years despite rising inflationMore than 10 million workers received a pay rise of 1% or less last year, according to official figures that highlight the growing concentration of workers at the bottom of the pay scale.The Office for National Statistics said almost 32% of Britain’s workforce of 32.5 million people were given an increase that was less than one-third of the inflation rate, which reached 3.1% in November 2017. Continue rea
  
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• US jobs report: wages grow at fastest rate in decade as 250,000 jobs added

  02-11-2018 13:51
  Wages were 3.1% higher in September than they were a year ago – the first time since April 2009 that growth topped 3%The US added 250,000 jobs in October – the last jobs report before Donald Trump’s first midterm elections. In good news for the president, wages grew at their fastest rate for close to a decade.Analysts had been expecting the US to add around 188,000 jobs over the month. In September the unemployment rate fell 3.7%, a 49-year low, and remained there in October. C
  
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• Pound euro exchange rate: GBP/EUR nears two-week highs as BoE hints of rate hikes

  02-11-2018 11:10 via feedproxy.google.com
  The pound has remained near a two-week high against the euro today, trading in the region of €1.138. The appreciation comes in the wake of Thursday’s Bank of England meeting, where policymakers suggested that there could be more interest rate hikes in 2019.
  
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• Pound US dollar exchange rate: Brexit fuelled Sterling rockets above $1.30

  02-11-2018 10:53 via feedproxy.google.com
  The pound is trading against the dollar at a rate of $1.302 this morning after shooting up over 1.6 per cent yesterday and continuing the trend into today, showing a 0.2 per cent rise since opening. Yesterday’s sudden surge in the value of the pound was mostly caused by reports that Theresa May had agreed a deal with the EU that would permit financial services companies access to the EU market after Brexit – and vice versa.
  
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• A bankrupt university was inevitable once market forces took hold | Anne Perkins

  02-11-2018 10:42
  Demand is down, supply is up – something had to give and now universities are on the brink. It’s all so avoidableThe decade-long experiment in turning universities into market-driven businesses whose success depends, like a cut-price airline’s, on student bums on lecture seats, looks likely to claim its first casualties.This will come as no surprise to anyone in the sector. It shouldn’t even surprise ministers, but it should be a nasty shock for them. The system of 18+ ed
  
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• New £50 note: Bank of England asks public to nominate scientist

  02-11-2018 10:15
  Scientist has to be British – and dead – with Ada Lovelace and Stephen Hawking early frontrunners to appear on plastic noteThe Bank of England is to ask the public to nominate a scientist as the face of the new plastic £50 note, with Ada Lovelace, a 19th-century mathematician known as the “grandmother of computing”, an early frontrunner alongside Stephen Hawking and Nobel prizewinner Dorothy Hodgkin. Related: Turing, Lovelace or Franklin? Your choices for the new &p
  
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• Lovelace and Hawking among contenders to be new face of £50 note

  02-11-2018 10:15 via theguardian.com
  Scientist has to be British – and dead – with 19-century mathematician known as ‘grandmother of computing’ as early frontrunnerThe Bank of England is to ask the public to nominate a scientist as the face of the new plastic £50 note, with Ada Lovelace, a 19th-century mathematician known as the “grandmother of computing”, an early frontrunner alongside Stephen Hawking and Nobel prizewinner Dorothy Hodgkin. Related: Turing, Lovelace or Franklin? Your choice
  
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• Even I can see the upside of a ban on morning drinking at airports | Tom Usher

  02-11-2018 10:00
  I enjoy nothing more than a breakfast pint before catching a flight – but I’m with the nanny state on this oneRemember 2007? Leona Lewis had the most successful single of the year with Bleeding Love after being the only credible artist to ever come out of a reality TV talent show, Jack Wills and Ugg boots were actual things people wore, and Brexit was just a twinkle in the eyes of all the rich old men aiming to get even richer using the tried-and-tested method of Creating Widespread
  
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• Northern England house prices to rise at faster rate than London

  02-11-2018 09:01 via theguardian.com
  North-south property trend will be reversed over next five years, according to Savills House prices are forecast to rise strongly in northern England, the Midlands, Wales and Scotland over the next five years, far outstripping London’s single-digit rate and reversing the trend of previous decades, according to a report.Savills, the upmarket estate agent, predicts that prices will increase fastest in north-west England over the next five years, at 21.6%. Continue reading...
  
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• Why didn’t Currys know how to install our £2,500 Sony TV?

  02-11-2018 08:00
  My husband and I wasted 30 hours on the phone and waiting in for teamsMy husband and I have had a nightmare with a Sony TV from Currys. The £2,500 cost included installation and a demonstration, and the salesman advised the remote would also control our Xbox and Sky box. The delivery team turned up three hours late, spent three hours trying to install the set, then said they couldn’t figure it out and left.Continue reading...
  
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• Summers could be entirely powered by clean energy by 2050

  02-11-2018 07:01
  Demand for the rest of the year and lower solar output will still keep energy firms in businessBritish summers could be entirely powered without fossil fuels by the middle of the century without breaking the economics of the energy market, according to a report.But while wind, solar and nuclear power would provide nearly 91% of the country’s electricity by then, up from about 50% today, gas power stations are still expected to be needed during winters. Continue reading...
  
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• Public service broadcasters' shows need protection, say MPs and peers

  02-11-2018 07:00
  Cross-party group writes to culture secretary Jeremy Wright, aiming to control power of commercial giantsAn influential cross-party group of MPs and peers has called on the government to guarantee parliamentary time to create new laws to ensure shows made by the BBC and other public service broadcasters (PSBs) do not get buried on the streaming services of big tech and pay-TV giants such as Netflix and Sky.In a rare alliance across the political spectrum, nine MPs and peers – including dep
  
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• Grimsby named unhealthiest high street in UK by RSPH study

  02-11-2018 01:01
  Lincolnshire town tops list that punishes locations which have bookmakers and fast food outletsGrimsby, the centre of the UK fish-processing industry and which has marketed itself as Europe’s Food Town, now has another, less welcome, appellation.The seaport on the Humber estuary, whose name is derived, according to legend, from its ninth-century Danish founder, Grim, has been judged to have the “unhealthiest” high street in the UK. Continue reading...
  
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• Dow Jones: US stocks UP amid signs of China trade war truce - talks 'moving along nicely'

  02-11-2018 00:00 via feedproxy.google.com
  MARKETS in the United States rose for the third straight session today as investors were buoyed by hopes of a truce in Donald Trump’s trade war with China.
  
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