Financial news

• Bitcoin price plummet: November’s bear market ‘of NO concern’

  01-12-2018 18:14 via feedproxy.google.com
  BITCOIN has survived November – its worst-performing month in seven years, in terms of month-over-month price declines. But a bitcoin analyst remains bullish about the flagship crypto's fortunes, exclusively revealing such sizeable prize movements are in fact nothing out of the ordinary.
  
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• ‘People don’t go out’: the town where half the pubs have vanished

  01-12-2018 17:32
  Accrington and its surrounding district have lost 50 of 95 public houses since 2001. But why?Fifteen years ago, taxi driver Basharat Khan would drive past the Hyndburn Inn on Accrington’s Blackburn Road and marvel at how packed it was. He never went inside – he doesn’t drink – but he noted its reliably heaving beer garden.These days, Khan is inside the building most days: six years ago he converted it into a halal butcher’s shop, which he runs with his son, Waqar. I
  
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• Once an American powerhouse, can General Electric regain its spark?

  01-12-2018 17:00
  The former titan of US industry is struggling to cope with crippling debt and could be staring into the abyssA lot is hanging on the future of General Electric – and not just the survival of one of the most famous business names in America. Last week a Nomura bank analyst warned that fixing GE’s $115bn (£90bn) borrowing burden was “critical” to keeping corporate America’s $9 trillion debt pile on a stable footing. And GE is on the edge.Jeff Bezos admitted last
  
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• Bitcoin price: Why latest CRASH was different this time and could be BAD news for BTC

  01-12-2018 14:06 via feedproxy.google.com
  BITCOIN suffered a price slump, with 17 percent wiped off the cryptocurrency’s value in the last two weeks. But a bitcoin analyst believes the current crash is distinguished by one important factor, putting the coin’s future in jeopardy.
  
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• Is pay equality possible when all the hard work at home is done by women? | Jean Hannah Edelstein

  01-12-2018 12:00 via theguardian.com
  Setting up women to be successful mothers and workers requires the support of a nation to ensure paid parental leave is guaranteed
  That women make 80¢ to every dollar that men make in the United States is often cited as a fallacy by critics of feminism, and for once it seems that they were right – new research indicates that the gender pay gap is much bigger than previously accounted for. While the difference is usually calculated based on how much money men and women respectively mak
  
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• Ethical Christmas: seven gifts that tread lightly on the planet

  01-12-2018 11:00 via theguardian.com
  You don’t have to damage the environment to enjoy the festivities. Here’s how …The frenzied celebration of tinsel-coated consumerism is upon us. But you can (just about) enjoy it without hurting the environment or turning a blind eye to the working conditions of those who make it all possible. Continue reading...
  
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• Premium Bonds checker: How to check December premium bonds winning numbers

  01-12-2018 10:04 via feedproxy.google.com
  PREMIUM BOND numbers are being released today for the month of December, and will make two people lucky millionaires. Here’s how to check December premium bonds winning numbers.
  
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• ‘I took a huge salary hit so I can make my daughters my priority’

  01-12-2018 09:00 via theguardian.com
  Sally Callaghan gave up a well-paid job in advertising and works 18 hours a week as chefName: Sally Callaghan
  Age: 44
  Income: £18,000
  Occupation: ChefBefore I had my two children, I worked as a head of advertising for a major news corporation, earning more than £50,000 a year with bonuses. At the time, I bought a one-bed flat in Lewisham, which was £48,900 and then I could more than cover the expenditure. Continue reading...
  
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• Donations pour in after Guardian Money story on struggling student

  01-12-2018 09:00 via theguardian.com
  Micheal Olorode, 21, says money from GoFundMe page will make ‘a big difference’Thank you, Guardian Money readers, for your remarkable response to last week’s How I Spend It which featured Micheal Olorode, 21, and his struggle to pay his way through university.Donations have poured in, entirely unprompted by us or Micheal, while one reader went so far as to set up a GoFundMe page that has already received more than £4,000 in contributions. Continue reading...
  
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• Which electric bike should I get? And are they safe?

  01-12-2018 08:00 via theguardian.com
  I’m thinking about giving it to my 80-year-old dad, but I’m not sure if he’ll cope with the extra speedEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.My cycling-mad father is 80 this year and considering getting an electric bike to allow him to stay in the saddle. Can anyone suggest a good one that isn’t £3,000? Will he be able t
  
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• Meet the couples who share parental leave – and its highs and lows

  01-12-2018 08:00 via theguardian.com
  Equal time off is a legal right but it has a tiny take-up, with many people unaware it even existsInsurance giant Aviva revealed last month that its innovative scheme offering new dads six months’ paid parental leave has proved a big hit with staff and shows men are eager to share childcare duties.The scheme offers equal parental leave to male and female employees – up to one year in the UK, including six months at full pay. Aviva says there has been strong take-up since it was intro
  
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• Lloyds customer loses £5,200 in email scam – but can't get refund

  01-12-2018 08:00 via theguardian.com
  Business account holder prepares to sue bank after paying real bill into bogus accountLloyds Bank is refusing to compensate a customer who lost £5,200 to an email scam despite the money being transferred to another account at the same bank that a police investigation found had probably been opened fraudulently.Surrey businesswoman Kate Levers is the latest victim of a fast-growing email scam, where a fraudster hacks into a company’s emails and poses as a legitimate contractor requiri
  
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• UK shoppers face most expensive Christmas dinner in a decade

  01-12-2018 01:01 via theguardian.com
  Brexit and heatwave drive up prices of sprouts, turkey and Christmas puddingShoppers who scour the high street for the best possible deals will still face the most expensive Christmas dinner in a decade.The UK’s cheapest traditional festive spread will cost nearly 6% more than last year after the hot summer combined with uncertainty about Brexit to drive up the price of turkey, sprouts and Christmas pudding, according to the latest annual survey by Good Housekeeping magazine. Continue read
  
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• Digital bank Monzo becomes Britain’s best-rated lender

  01-12-2018 01:01 via theguardian.com
  Fast-growing bank topples First Direct from top position in Which? consumer surveyThe fast-growing digital bank Monzo has toppled First Direct from its near decade-long reign as Britain’s best-rated lender, according to a Which? annual survey.But it was a bittersweet triumph for Monzo after it was forced to defend the potential involvement of overdrawn customers in its £20m crowdfunding drive. The bank, which has grown exponentially since its launch in 2015 but is making heavy losses
  
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