Financial news

• HMRC self assessment tax return deadline 2019: When is self employed tax returns CUT OFF?

  04-01-2019 20:08 via feedproxy.google.com
  THE clock is ticking for self-employed taxpayers who need to file their latest self-assessment tax returns - but what is the 2019 cut-off point?
  
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• £1,600: The price we pay for not switching to cheaper deals

  04-01-2019 19:13 via feedproxy.google.com
  HOUSEHOLDS are set to lose out by nearly £1,600 this year because they fail to move their mortgages and credit cards to cheaper deals.
  
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• Ex-Credit Suisse bankers arrested in $2bn fraud investigation

  04-01-2019 19:02 via theguardian.com
  Trio arrested in London on US charges as calls grow for debt claim against Mozambique to be droppedThree former Credit Suisse bankers have been arrested in London on US charges of alleged involvement in a fraud involving $2bn (£1.6bn) in loans to state-owned companies in Mozambique.Mozambique’s former finance minister, Manuel Chang, and a senior executive from the shipbuilder Privinvest Group, Jean Boustani, have also been arrested in South Africa and New York, respectively, in recen
  
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• Tuned in for debate about TV licences for over-75s | Letters

  04-01-2019 17:51 via theguardian.com
  Readers respond to Gordon Brown’s article on Theresa May’s broken promise to older pensionersGordon Brown is right to highlight the hypocrisy of the Conservatives in reneging on their election pledge to maintain 75-plus pensioners’ free TV licences, at least for the duration of this parliament, and their sheer unconstitutional effrontery in delegating the decision to the BBC (Theresa May’s broken promise to the over-75s, 2 January).However, I cannot agree that there are c
  
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• Let’s move to Warwick: as English as roast beef

  04-01-2019 17:30 via theguardian.com
  Once one of the most significant towns in the country, these days it’s left mostly for the townsfolkWhat’s going for it? So dominated are the Midlands by the great sprawl of Birmingham, you can easily forget what they were like before the industrial revolution. Places such as Warwick were once the metaphorical, as well as the literal heart of the country – as English as oak trees, John Bull and roast beef. Middle England. Middle Earth. Tolkien got married here. Shakespeare woul
  
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• Bitcoin: after 10 wild years, what next for cryptocurrencies?

  04-01-2019 17:30 via theguardian.com
  From next to no value in 2009, it rose to $20,000 and crashed back to $3,000 within a decade Two years after its inception, 10,000 bitcoin was just about enough to buy a couple of takeaway pizzas. Today those bitcoin would be worth nearly $38m (£30m). That is a huge increase, but just a fraction of their $180m value only 13 months ago, because since its creation a decade ago this week, the digital currency has been at the centre of one of the biggest economic bubbles in history.Bitcoin has
  
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• Couple tell of shock of being forced to scrap house sale raffle

  04-01-2019 16:58 via theguardian.com
  Robert and Avril Smith sold thousands of tickets but broke Gambling Commission rules In November 2015, Avril and Robert Smith’s lives changed forever. Their 39-year-old daughter died suddenly and the family home became too many painful to remain in.After repeated attempts to sell the house via conventional methods, including three price reductions, they were unable to secure a buyer. Continue reading...
  
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• Gold price: Spot gold SOARS to six-and-a-half month high after volatile week for markets

  04-01-2019 16:40 via feedproxy.google.com
  GOLD prices hit a six-and-a-half month high today off the back of another volatile week in global markets.
  
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• 'For the price you'd expect better': fare rise adds to woes on UK's busiest train

  04-01-2019 16:39 via theguardian.com
  Though a schedule change has cut overcrowding, customers say they rarely get a seatIt is, officially, Britain’s most overcrowded train: the 4.22am service from Glasgow to Manchester, which regularly arrived at its destination carrying more than double its passenger capacity.But in a week when commuters expressed anger at yet another rail fares increase, the Guardian found the service to be eerily quiet. Everyone found a seat as the four-carriage train trundled out of Preston on Friday morn
  
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• Dow Jones stocks to RISE: Netflix and Intel lead rebound after Apple decimates markets

  04-01-2019 15:44 via feedproxy.google.com
  THE DOW Jones has risen today boosted by Netflix and Intel stocks, following on from a negative day on Thursday when Apple triggered a slump in the market.
  
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• Dow Jones SOARS by 600 POINTS: Tech stocks lead charge as US employment report surprises

  04-01-2019 15:44 via feedproxy.google.com
  THE Dow Jones Industrial Average climbed by more than 600 points today, with technology stocks leading the momentum as the US economy was boosted by an upbeat employment report.
  
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• Brexit ferry firm: the lawyer, the submariner and the shotgun-toting former veal exporter

  04-01-2019 15:07 via theguardian.com
  Seaborne Freight has been given a £14m government contract but who are the ‘old sea dogs’ behind the venture?Its ranks include a shotgun-toting former veal exporter, a retired submarine officer and a lawyer specialising in insuring class actions. While the men behind Seaborne Freight might not have expected the level of scrutiny to which they are being subjected after landing a £14m government contract to ensure the flow of food and medical supplies in the event of a no-d
  
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• 'Low and no' to extreme craft: the drink trends for 2019

  04-01-2019 14:53 via theguardian.com
  Sober millennials mean the alcohol industry has to innovate to tempt consumers to the barWhile some things about alcohol will never change – such as the bacchanalian urge to tell our friends how much we love them after we’ve had a few – the drinks market is constantly changing.Over recent years the big trend has been gin. Annual sales have almost doubled over the past five years and in 2018 topped £2bn. The number of distilleries has more than doubled to more than 300 as
  
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• Cash machine WARNING for expats and tourists over new SCAM in Spain

  04-01-2019 14:49 via feedproxy.google.com
  BRITISH expats and tourists have been warned to stay alert for a new cash machine scam in Spain.
  
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• All aboard Chris Grayling’s Brexit pizza ferry – what could possibly go wrong? | James Felton

  04-01-2019 14:32 via theguardian.com
  Contracting a ferry firm with zero ships – and a takeaway company’s terms and conditions – is a perfect slice of Brexit lifeWe’re about to “give back control” to a government that can’t tell the difference between P&O and Papa John’s pizza. I know you think that sounds good, but one day you’ll want insulin or a functioning health service rather than a pepperoni stuffed crust.In case you’ve missed everything, here’s a quick rec
  
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• UK house prices take pre-Brexit hit, says Nationwide

  04-01-2019 14:20 via theguardian.com
  Rise of only 0.5% in December – the slowest annual rate of growth since February 2013Fears over Brexit caused British house prices to all but stagnate in 2018, rising by the smallest amount in almost six years, according to data from Nationwide. Related: UK housing market is a ‘goldmine’ for wealthy foreign buyersContinue reading...
  
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• Pound slump OVER? Japanese bank renews call to BUY Sterling after recovery against euro

  04-01-2019 13:07 via feedproxy.google.com
  JAPANESE investment bank Nomura has issued a renewed call to buy the pound after Sterling marked a speedy recovery from a plunge against the euro.
  
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• Pound US dollar exchange rate: GBP extends gains against USD as services PMI improves

  04-01-2019 12:52 via feedproxy.google.com
  THE pound has climbed 0.4 percent against the dollar and is currently trading at a rate of $1.267.
  
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• Fat Cat Friday should shatter the myth that Britain’s bosses deserve their pay | Owen Jones

  04-01-2019 11:49 via theguardian.com
  Top executives now earn 133 times more than the average worker. They can no longer rationalise this growing inequalityPlease raise a glass – if you’re not doing Dry January, of course – to our nation’s exceptionally talented CEOs and their superhuman work ethic and skills. For the average executive to have earned the equivalent of a worker’s average annual salary by 4 January is surely testament to an unimaginable amount of hard work and graft. They must truly deser
  
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• Cheap rail fares would mainly benefit the rich? That’s muddled thinking | Phil McDuff

  04-01-2019 11:36 via theguardian.com
  It’s easy for nonsense to become common sense, such as on the rail rises. Beware the ‘fairness error’ – equality helps everyoneOne of the most depressing things about politics in the UK is realising how easy it is for total nonsense to become common sense and received wisdom.Take this tweet from YouGov, following the recently announced rise in fares. “There will be calls for train fares to be frozen – the main beneficiaries will be those in wealthier household
  
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• Eurostar expands London-Amsterdam service to three trains a day

  04-01-2019 10:16 via theguardian.com
  High-speed rail link with Netherlands strengthened in response to customer demandEurostar, the high-speed rail service connecting the UK with mainland Europe, is putting tickets on sale for a third daily direct service from London to Rotterdam and Amsterdam.The extra service, due to launch on 11 June, is in response to strong customer demand for the route to the Netherlands, which launched in April last year. Continue reading...
  
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• Pound LIVE: GBP nudging HIGHER after FLASH CRASH swept through currency market

  04-01-2019 09:45 via feedproxy.google.com
  THE pound is nudging higher against the euro and US dollar as the currency flips into recovery mode after a flash crash swept across global markets.
  
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• Homes for new year renovation projects – in pictures

  04-01-2019 08:00 via theguardian.com
  If you fancy the excitement of making your perfect home, here’s inspiration Continue reading...
  
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• 'Our income has stopped': shutdown leaves workers stressed and struggling

  04-01-2019 07:00 via theguardian.com
  More than 800,000 across the US are affected by the impasse, with some on unpaid leave and others working without payIt has been two weeks since 25% of the US government shut down because of a funding row over Donald Trump’s demands for $5bn for a wall on the southern border. And federal employees and contractors who cannot go to work are feeling the impact.More than 800,000 people across the country have been affected by the impasse, with some on unpaid leave, and others working without p
  
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• UK CEOs make more in first three days of 2019 than worker's annual salary

  04-01-2019 01:01 via theguardian.com
  ‘Sickening’ Fat Cat Friday figures show the disparity is growingThe bosses of the UK’s biggest companies are facing renewed scrutiny over excessive pay deals, after new figures showed top executives earned the average worker’s annual salary within the first three working days of 2019.Dubbed “Fat Cat Friday”, 4 January is the date by which the average CEO of a FTSE 100 company pockets the equivalent take-home pay of a typical full-time worker in the UK. Continu
  
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