Financial news

• Global financial crisis: Experts predict CRASH could be imminent - and THIS is to blame

  09-11-2018 18:32 via feedproxy.google.com
  UNPREDICTABLE political climates in countries including Britain, the United States and Germany pose the biggest threat to the global economy, according to a panel of experts, as they warned the danger signs of an imminent downturn - and possibly a crash - are already on display.
  
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• Let’s move to Colchester, Essex: it’s historic, but keeps up with the times

  09-11-2018 17:30 via theguardian.com
  This is a city worthy of an epic, like TroyWhat’s going for it? Been around a while, Colchester. Seen it all before. This is, after all, reputedly the oldest continually inhabited town in the land. It’s seen Romans (they went wild for its oysters), and more ancient tribes before them. Cymbeline. Yes, the Cymbeline. Old King Cole. Yes, the Old King Cole. Pliny writes about Colchester. Pliny never wrote about Nuneaton. So respect to Colchester; it’ll outlive you or me. It keeps u
  
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• Philip Hammond claims strong growth, but it's mostly froth | Larry Elliott

  09-11-2018 14:22
  Growth in the UK has been modest for a decade despite the colossal amount of stimulusNo chancellor can resist the idea of a good photo opportunity and Philip Hammond chose a brewery to mark the release of Britain’s latest growth figures. As he pulled a pint for the cameras, the chancellor’s message was that the strongest expansion in almost two years was proof of the underlying health of the economy. It was no such thing. This was a glass mainly full of froth.On the face of it, the e
  
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• Pound US dollar exchange rate: GBP/USD slides as GDP figures mask weakness in UK economy

  09-11-2018 12:53 via feedproxy.google.com
  At the time of writing the GBP/USD exchange rate has slumped 0.4 per cent to $1.300, having fallen from a high of $1.316 earlier in the week.
  
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• Britain is chronically overworked. A four-day week would liberate us | Owen Jones

  09-11-2018 12:52 via theguardian.com
  Free-market fundamentalism hasn’t freed us – it has trapped us. It’s time for the left to embrace a workplace revolutionWe are unlikely to spend our last moments regretting that we didn’t spend enough of our lives chained to a desk. We may instead find ourselves rueing the time we didn’t spend watching our children grow, or with our loved ones, or travelling, or on the cultural or leisure pursuits that bring us happiness. Alas: the average full-time British employee
  
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• Pound euro exchange rate: GBP/EUR holds up despite EC putting UK to bottom of the class

  09-11-2018 12:41 via feedproxy.google.com
  The pound is trading at a rate of €1.148 against the euro today, which is only slightly down on its opening levels but close to the six-month high after briefly striking €1.15 yesterday.
  
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• UK economic growth hits two-year high but slowdown expected

  09-11-2018 11:57
  July boost from World Cup and hot weather masks stagnation in following two monthsThe UK economy expanded at the fastest pace in two years during the third quarter, but has begun showing signs of a slowdown ahead of Brexit as more business investment decisions are put on hold. Related: Philip Hammond claims strong growth, but it's mostly frothContinue reading...
  
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• Gothic-style homes for sale – in pictures

  09-11-2018 08:00 via theguardian.com
  From clock towers to castles, see five properties packed with character features Continue reading...
  
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• Why is Barclays so slow over lost funds?

  09-11-2018 07:00 via theguardian.com
  I tried to transfer £8,500 to my ailing mother in Ghana, but the money has vanishedI transferred £8,500 from my Barclays account to my mother in Ghana two weeks ago and the money has vanished. I’ve called Barclays three times and it’s told me to call back after three working days. This is giving me sleepless nights as the money is all I have. My mother is very ill and needs the funds for her hospital bills. FM, EdinburghAnother sadly familiar story. Swift payments certain
  
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• Can’t get a pension, can’t get work: a special dystopia for older women | Gaby Hinsliff

  09-11-2018 07:00 via theguardian.com
  Older women face considerable prejudices at work, and now they are being forced to retire later. Old-held assumptions must be challengedEmile Ratelband wants to be younger. He wouldn’t be the first 69-year-old man to say so but what makes Ratelband unusual, to put it mildly, is that he has just launched a lawsuit in the Netherlands demanding to be legally recognised as only 49. If a trans woman can identify as female and change her official documents accordingly, he argues, why can’t
  
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• Embattled high street retailers call for help as closures soar

  09-11-2018 01:01
  Pubs, fashion outlets and estate agents prominent among 24,205 closures recorded in the first six months of this yearRetailers have called for “decisive action” from the government to support the UK’s battered high streets after new data showed the number of shops, pubs and restaurants lying empty has soared by more than 4,400 in the first six months of this year. Related: 'More charity shops than anything else': Tamworth typifies UK's high street woesContinue reading...
  
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