Financial news

• Pessimists are predicting a global crash in 2020. You can see why

  05-01-2019 18:00 via theguardian.com
  Forecasters may be anxious not to be caught out, as they were by the 2008 recession. Nonetheless, the signs look ominousThere is a tendency for institutions that missed the warning signs before the last financial crisis to over-cook their doomsayer’s warnings as they consider the potential for another one.The International Monetary Fund leads a group of gloomy forecasters that worry about the stability of the global economy amid rising debt levels and slowing GDP growth. How long, they ask
  
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• China feels the squeeze of Trump’s trade war as more tariffs loom

  05-01-2019 17:00 via theguardian.com
  Talks begin this week in Beijing to end the trade war – and even titans such as Apple are feeling its impactIt epitomises China’s position in the global economy that a seismic warning about its health last week came from a US company: Apple. The iPhone maker cut sales forecasts, citing the unforeseen “magnitude” of the economic slowdown in China – a vital growth market. At the same time the head of Baidu, China’s biggest search engine, warned his employees tha
  
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• Ryanair ranked 'worst airline' for sixth year in a row

  05-01-2019 11:44 via theguardian.com
  Bad food and uncomfortable seats leave airline bottom in latest Which? surveyRyanair has been rated as the worst airline for the sixth consecutive year by Which?, with the consumer group claiming the Dublin-based carrier is still catching out passengers with hidden costs.In the annual survey of short-haul airlines, passengers gave the airline the lowest possible rating for boarding, seat comfort, food and drink, and cabin environment. Continue reading...
  
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• Debt headache? Reboot your finances for the new year

  05-01-2019 09:30 via theguardian.com
  Christmas is fading from memory, but credit card bills will not go away so easilyDid you blow your budget in December? In a few days’ time, the first set of post-Christmas credit card bills will land on doormats – and for many they will not make pleasant reading.The average Christmas credit card bill is estimated to be £323 which, when added to existing debt, means a typical Briton has started 2019 owing about £740 on their credit card, according to price comparison websi
  
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• Coming soon: the £24 charge for driving into central London

  05-01-2019 09:30 via theguardian.com
  London’s ultra-low emission zone launches in April. It will cut pollution, but some argue it could price motorists off the roads
  •ULEZ: what you need to know
  •Is the zone a good or a bad idea?This April will see the start of what the London mayor, Sadiq Khan, proclaims will be the toughest emissions standards for vehicles in any world city. Will it be a historic turning point in the battle against filthy air in our cities – or will it prompt “yellow vest” style
  
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• EU on brink of FINANCIAL TURMOIL? Bloc TURNS in dire economic figures

  05-01-2019 09:07 via feedproxy.google.com
  A EUROPEAN Central Bank policymaker has warned finance chiefs to “remain vigilant” as fears over an economic slowdown heighten anxieties of a new financial crisis.
  
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• Where's the best place to buy cheap ski gear for our family?

  05-01-2019 08:00 via theguardian.com
  We’re going skiing for the first time and our friends don’t have anything they can lend usEvery 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 just booked our first family skiing holiday for March, but don’t have any of the gear. Our relatives and friends don’t have anything they can pass on – what’s the best way to k
  
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• 'I'm a digital nomad … I prefer to live for the moment'

  05-01-2019 08:00 via theguardian.com
  Adam Bradford, 26, on why he has shunned a traditional job and adopted a more mobile lifestyleI live as a digital nomad, flitting from one country to the next. I like to explore new places in different parts of the world whenever I want. In the past year alone I’ve visited 30 countries – this included a two-month stint in Thailand, three months in the US for business and pleasure, and a month at a retreat in the south of France to do some brainstorming and clear my head.Trips in the
  
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• Britons hang up the landline as call volumes halve

  05-01-2019 01:01 via theguardian.com
  Rise in mobile usage causes rapid decline of traditional telephones over last six yearsThe amount of time Britons spend making landline phone calls has halved in the last six years, as the mobile revolution makes the more traditional method of communication increasingly obsolete.Research from the telecoms regulator Ofcom charts the rapid decline in the popularity of using fixed-line telephones to make calls, with the number of minutes plummeting from 103bn in 2012 to 54bn in 2017. Continue readi
  
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