Financial news

• The fuel tax wars can’t be won without a greener alternative

  22-12-2018 18:00
  The major international agencies should devise a progressive tax regime that penalises the biggest carbon emitters and offsets costs for the poorestPresident Macron needs to win the war on fuel tax. Every country does. It is an issue on which the governments in Paris and Nairobi have been forced to make U-turns. It is rising up the political agenda in other countries, including the UK and Germany, where the rebirth of the Greens and the rise of the rightwing AfD has paralysed the Bundestag.Witho
  
  Read more

• Bitcoin price prediction 2019: Will BTC hit $10,000 next year or CRASH completely?

  22-12-2018 14:58 via feedproxy.google.com
  BITCOIN has experienced a turbulent 2018, dropping to below $3,000 after hitting $20,000. So what next for the flagship cryptocurrency?
  
  Read more

• ‘I think of myself as an elf’: the people who deliver your Christmas

  22-12-2018 13:00 via theguardian.com
  From an Amazon gift wrapper to an organic Turkey farmer, we asked five workers how the festive period treats themCheckout tills are ringing, gifts are being wrapped, turkeys are on their way from the slaughterhouse, airports are creaking under the strain and delivery vans are hitting the roads. With extra pressure to deliver in the run-up to the holidays, workers are putting in long hours to meet the demands and Christmas wishes of millions of people.So how are these unsung, hard-working heroes
  
  Read more

• Is Lithuania another Iceland banking crisis in the making? | Patrick Collinson

  22-12-2018 09:30
  Revolut customers are protected by the Bank of Lithuania – but it’s not certain it will pay upIt is almost exactly 10 years since the 300,000 British customers lured into Icesave by high interest rates woke up to find that their £4bn in deposits had disappeared when parent company Landsbanki collapsed and the country’s entire financial system went into meltdown.Iceland’s deposit protection scheme instantly fell over. How could it not? A tiny country with a populatio
  
  Read more

• Advertisement

• Is Lithuania another Iceland banking crisis in the making?

  22-12-2018 09:30 via theguardian.com
  Revolut customers are protected by the Bank of Lithuania – but it’s not certain it will pay upIt is almost exactly 10 years since the 300,000 British customers lured into Icesave by high interest rates woke up to find that their £4bn in deposits had disappeared when parent company Landsbanki collapsed and the country’s entire financial system went into meltdown.Iceland’s deposit protection scheme instantly fell over. How could it not? A tiny country with a populatio
  
  Read more

• I'm an asylum seeker. I've not been allowed to work for three years'

  22-12-2018 09:30 via theguardian.com
  Rose was trafficked from Nigeria to work as a prostitute. She escaped and started a new lifeName: Rose
  Age: 43
  Occupation: Asylum seeker
  Income: £5,200 a yearI was 21 when I was trafficked from Nigeria to London. I was helping out washing dishes in a cafe in Lagos when a woman promised to find me a job overseas. I kind of regarded her as a mother figure as my own mum had recently died from a terminal illness. Continue reading...
  
  Read more

• How can I cure draughty sash windows?

  22-12-2018 08:30 via theguardian.com
  We’re saving up to get them replaced, but are looking for a cheap fix in the meantimeEvery 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.We’ve got lots of old sash windows in our house, which we are replacing slowly and at great cost. While we save up to get the next lot done, does anyone have any tips for dealing with draughty sash windows? What tempo
  
  Read more

• Why is it so difficult to return unwanted Christmas gifts?

  22-12-2018 08:00 via theguardian.com
  Retailers accused of playing fast and loose with consumer rights, some giving wrong informationToday has been dubbed Super Saturday, with shoppers set to splash out an estimated £1.65bn on last-minute Christmas purchases. More than 10 million people are expected to hit the shops, while 4.8 million Brits will go online to snap up gifts and other festive essentials, according to predictions by VoucherCodes.co.uk and the Centre for Retail Research.But not all those purchases will hit the spot
  
  Read more

• Advertisement

• Number of young families owning homes rises after 30-year fall

  22-12-2018 01:01
  Thinktank says 190,000 more young families own their homes than two years agoA three-decade period in which it became ever harder for young families to buy their own home has come to an end, analysis of official statistics has revealed.House prices have fallen or remained stagnant over the last two years, in part because of Brexit uncertainty, enabling 190,000 more young families to become homeowners and reversing the downward trend since 1989. Continue reading...
  
  Read more

• Germany and France delivered BLOW after UK joins EU nations to BLOCK huge new company

  22-12-2018 01:01 via feedproxy.google.com
  BRITAIN has teamed up with the Netherlands, Belgium and Spain to block engineering giants Alstom and Siemens from creating a mega French-German rail merger.
  
  Read more

Follow @financialnwsUK on Twitter!