Financial news

• Brexit deal leaves the UK with less power over its laws - Financial Times

  15-11-2018 20:38
  Financial Times
  Brexit deal leaves the UK with less power over its laws
  Financial Times
  The late English judge Alfred Denning compared the legal consequences of Britain joining the European Community to “an incoming tide” that “flows into the estuaries and up the rivers”. Some 45 years on, Brexiters determined to seize back sovereignty ...
  
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• Markets have woken up to Brexit. Will they also play a role? | Nils Pratley

  15-11-2018 19:33
  MPs might look into the abyss, and at the level of sterling, and decide not to jump As the Brexit secretary Dominic Raab led the resignations, the pound plunged and shares in almost every big UK-dependent quoted company – housebuilders, banks and retailers – slumped. Prepare for more of the same if Theresa May’s Brexit plan is failing. Financial markets, having slumbered though the negotiations, are fully awake now. There is an interesting question of whether markets will play
  
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• Brexit turmoil hands UK markets a chastening day - Financial Times

  15-11-2018 19:15
  Financial Times
  Brexit turmoil hands UK markets a chastening day
  Financial Times
  On any other day a sharp fall in UK retail sales would have rattled the pound but, as the data hit the newswires, the currency was already tumbling following the resignation of Brexit secretary Dominic Raab. Having filtered out much of the Brexit ...en meer »
  
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• HSBC and China's sovereign-wealth fund plan £1bn UK investment - Financial Times

  15-11-2018 15:47
  Financial Times
  HSBC and China's sovereign-wealth fund plan £1bn UK investment
  Financial Times
  HSBC and China Investment Corp are in talks to raise a £1bn that will help the country's huge sovereign-wealth fund to invest in British companies with Chinese links. The fund, which will be managed by London-based private equity firm Charterhouse ...en meer »
  
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• Theresa May's terrible Brexit deal has united the UK in horror - Financial Times

  15-11-2018 13:24
  Financial Times
  Theresa May's terrible Brexit deal has united the UK in horror
  Financial Times
  Congratulations! UK prime minister Theresa May has succeeded in uniting her deeply divided nation. Everybody agrees on one thing: the deal she has come up with is terrible. For Remainers, it is evident that this quasi-permanent halfway house, which ...en meer »
  
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• Draft Brexit deal: UK set for restricted financial markets access under equivalence - Investment Week

  15-11-2018 08:58
  Investment Week
  Draft Brexit deal: UK set for restricted financial markets access under equivalence
  Investment Week
  EU membership allows for unrestricted access for financial services but the system of equivalence, which the EU extends to a number of countries it deems to have comparable regulatory regimes, only covers a limited range of market participation.en meer »
  
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• Why did our flights to a wedding end up such a nightmare?

  15-11-2018 08:00 via theguardian.com
  eDreams messed up a surname, and our flights were cancelled – we want a refundMy partner was to be best man at a wedding in Malaysia, so we booked tickets to Kuala Lumpur through eDreams. The outgoing flight was with Saudi Arabian Airlines and the home flight with Oman Air. The next day, we realised that my partner’s surname had been entered twice on the ticket. EDreams insisted it could not be changed so we had to cancel his flights and buy new tickets, receiving only a partial refu
  
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• Is it ever OK for a train company to block you on social media?

  15-11-2018 07:00 via theguardian.com
  Northern Rail was criticised for blocking a passenger who had complained on Twitter. But customer service in the digital age is hard to manage In a new report by consumer group Which? highlighting widespread dissatisfaction with train companies, one instance was singled out: Northern Rail blocking a passenger who’d been complaining on Twitter. Kat Harrison-Dibbits had included the company in over 100 messages about delays and overcrowding before it eventually blocked her.The incident bring
  
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• Inventors of spinning wind turbine win James Dyson award

  15-11-2018 07:00 via theguardian.com
  Lancaster students win £30,000 prize for O-Wind turbine after scooping UK equivalent A spinning turbine that can capture wind travelling in any direction and could transform how consumers generate electricity in cities has won its inventors a prestigious international award and £30,000 prize.Nicolas Orellana, 36, and Yaseen Noorani, 24, MSc students at Lancaster University, scooped the James Dyson award for their O-Wind Turbine, which – in a technological first – takes ad
  
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• Asda beats Waitrose and Harrods in Which? mince pie taste test

  15-11-2018 07:00 via theguardian.com
  Supermarket tops consumer group’s chart but general standards drop due to rising cost of ingredientsAsda has come out on top in the annual festive mince pie taste test carried out by Which?, but the consumer group said overall standards are down this year as retailers opted for cheaper ingredients to keep prices down.In a blind taste test of more than 100 premium pies from 11 UK supermarkets, Asda’s Extra Special mince pies were ranked first, with judges declaring a winning combinati
  
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• Elton John brings star quality to John Lewis Christmas advert

  15-11-2018 01:01
  Festive extravaganza charts performer’s path to stardom set to his Your Song anthem After a decade of heartwarming tearjerkers starring a menagerie of lovable furry animals, John Lewis has resorted to old-fashioned star power to sell Christmas this year with a star turn from Sir Elton John singing his Your Song anthem.The department store chain’s festive adverts have become entwined in the Christmas tradition thanks to its marketeers’ ability to spin gold with a back catalogue
  
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• 800 BBC presenters could face tax investigations, says watchdog

  15-11-2018 01:01 via theguardian.com
  Presenters have accused corporation of forcing them to set up special tax vehiclesAbout 800 BBC TV and radio presenters could face tax investigations over their employment status after a failure by the broadcaster to clear up its payments system, Whitehall’s spending watchdog has said.The National Audit Office said HM Revenue and Customs had opened approximately 100 investigations into BBC-related personal service companies (PSCs) after concerns were raised that they may have broken tax ru
  
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