Financial news

• London’s exploited tenants deserve proper rights – not just rent controls | Amina Gichinga

  25-01-2019 18:11 via theguardian.com
  Sadiq Khan is right to talk about restricting extortionate rents – but safety, security and quality of life must also be addressed
  • Amina Gichinga is an organiser for London Renters UnionWhen Anabel and her flatmates were told the rent in their Kentish Town houseshare was due to increase by £400 a month, all of them had to find a new place to live. In the space of just a few years, increases by Ghazal’s landlord left her paying 80% of her wages on her Forest Gate accommod
  
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• Tax return deadline 2019: How much tax should YOU be paying? How to CHECK

  25-01-2019 16:39 via feedproxy.google.com
  A NEW year has begun, which means deadlines for tax returns are looming closer. Here is how to check how much tax you should be paying.
  
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• State pension BOMBSHELL: 200,000 families MISSING OUT on entitlements to BOOST their pot

  25-01-2019 16:39 via feedproxy.google.com
  MORE than 200,000 families could be effectively short-changing their own state pension by missing out on entitlements which could boost their pot, a committee of MPs has warned.
  
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• Financial crisis WARNING: Lagarde warns of ECONOMIC DAMAGE through CLIMATE CHANGE

  25-01-2019 16:09 via feedproxy.google.com
  THE global economy is at risk from catastrophic damage with large sections at threat of being wiped out from climate change, International Monetary Fund chief Christine Lagarde has warned.
  
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• Cod stocks on course to crash if ocean warming continues

  25-01-2019 15:40 via theguardian.com
  Barents Sea is key source of UK cod imports and could see temperature rises of over 6C Fish fingers and cod and chips are under a far greater threat from carbon emissions than previously thought, according to a recent study that has grave implications for food security.The North Atlantic cod stock in the Barents Sea is likely to first rise and then crash, possibly to almost zero before the end of the century if climate change isn’t addressed, says the scientific paper, published by the Arc
  
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• Tax return deadlines 2019: Workers face £100 FINE even if they’ve ALREADY registered

  25-01-2019 15:07 via feedproxy.google.com
  TAXPAYERS have been warned they could face fines for missing the self-assessment tax return deadline if they have not completed the online process correctly.
  
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• Tax return deadlines 2019: Who needs to complete a tax return - when is deadline?

  25-01-2019 15:01 via feedproxy.google.com
  ITS THAT time of year again and many people are undertaking the daunting task of preparing to send their tax returns. But who needs to complete a tax return? When is the deadline?
  
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• Brexit stockpiling by UK retailers and wholesalers reaching 2008 levels, says CBI

  25-01-2019 14:12 via theguardian.com
  Survey, closely watched by Bank of England, finds ratio of stock to expected sales risingBritain’s biggest retailers and wholesalers have raised their stockpiling efforts to the highest levels since the 2008 financial crisis, according to a key industry report, with little more than 60 days to go before Brexit.According to the latest snapshot from the Confederation of British Industry’s monthly distributive trades survey, retail businesses raised the ratio of their stocks to expected
  
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• Vodafone 'pauses' use of Huawei equipment over security concerns

  25-01-2019 13:58 via theguardian.com
  Telecoms firm says Chinese tech giant’s kit will not be used in core networks across EuropeVodafone has decided to “pause” the use of Huawei equipment in its core networks across Europe because of the debate about security concerns involving the Chinese telecoms giant.Nick Read, chief executive of Vodafone, said the company would continue to buy equipment from Huawei to build its 4G and 5G networks but would halt using the Chinese supplier in its core network, where data is con
  
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• The bicycle firm that wants to keep older people pedalling

  25-01-2019 13:38 via theguardian.com
  Islabikes made a name for itself with children’s bicycles – now it wants to get grandparents ridingAmong a certain type of parent, Islabikes has a near-mythical status for creating children’s bicycles that, while far from cheap, are seemingly indestructible as well as easy to ride. Now the company has a new target group: the grandparents.In a departure for the Shropshire-based company, it has created a range of bikes aimed specifically for riders aged 65 or more, seeking to use
  
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• Pound US dollar exchange rate: GBP drops after DUP Brexit support 'reality check'

  25-01-2019 13:25 via feedproxy.google.com
  THE pound slipped from its highs after reports that the DUP would back Prime Minister Theresa May’s Brexit ‘Plan B’ if she ‘toughens it up’ on the issue over the Irish backstop by pushing for a time limit.
  
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• Britain is doing socialism for the rich again – this time for oil and gas | Owen Jones

  25-01-2019 13:22 via theguardian.com
  British people are coughing up £24bn to help big oil. It’s yet another example of the illusion that is modern capitalismThe “free market” is a creed that stirs up near religious devotion among its believers. It is in fact a con, a myth, a great deception. Take the latest striking example: according to the National Audit Office, British taxpayers are expected to cough up £24bn for tax relief given to oil and gas corporations, for the removal of North Sea wells, rigs
  
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• I'm stockpiling my medicine – it's everyone for themselves | John Crace

  25-01-2019 13:14 via theguardian.com
  Drugs are in short supply, jobs are being moved abroad and Jacob Rees-Mogg gets an ovationThe attrition continues with an early-morning phone call informing me that an old friend from university had died from lung cancer. I met Keir on my first day at Exeter. I had been dropped off at my halls of residence by my parents and was mooching around aimlessly on my own, feeling rather homesick. Keir took me under his wing and we headed off to a pub near St Davids station. After dropping in on a fish a
  
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• Bitcoin WEAKENING as PLUNGE APPROACHES – but here is why you should not panic – analysis

  25-01-2019 12:59 via feedproxy.google.com
  IF BITCOIN was a heart monitor, you would struggle to see a pulse.
  
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• Drug firm Novartis fears no-deal Brexit will harm patients

  25-01-2019 12:55 via theguardian.com
  Swiss company is stockpiling amid concerns about the supply and safety of medicinesThe Swiss pharmaceuticals company Novartis has said it is stockpiling drugs in the UK before a possible no-deal Brexit, which it warned would be “hugely impactful” for patients.Firms across the economy are bracing for the possibility of the UK leaving the EU on 29 March without a deal after parliament resoundingly rejected Theresa May’s withdrawal agreement. Continue reading...
  
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• Pound BOOST: GBP could RALLY against US dollar if DUP sparks Brexit breakthrough

  25-01-2019 12:39 via feedproxy.google.com
  THE pound could rally against the US dollar if Northern Ireland’s Democratic Unionist Party backs Prime Minister Theresa May's Brexit next week, a currency analyst is predicting.
  
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• Forcing social-media influencers to be clear about #ads? Good luck with that | Amelia Tait

  25-01-2019 12:31 via theguardian.com
  With seemingly infinite ways for celebrities to blur posts that are adverts, authorities’ efforts are a laughing stockIzzy just wants to tell the world about her skincare regime. The blond teenager has suffered with acne for years – at school, one bully cruelly nicknamed her Dimple Pimple. She has tried so many face washes – she even had prescription meds. It’s no wonder her story, told in a series of tweets earlier this month, resonated with hundreds of people, and was &
  
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• London Pride maker Fuller's sells beer business to Asahi for £250m

  25-01-2019 10:52 via theguardian.com
  The 174-year-old company will focus on pubs and hotels after deal with Japanese firmLondon Pride beer is to be brewed by Japan’s Asahi, after Fuller, Smith & Turner sold its entire brewing operation after 174 years in the business.The company, which was established in 1845 and still counts members of the Fuller and Turner families on its board, will receive £250m for the business and plans to focus on its pubs and hotels operation. Continue reading...
  
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• Carlos Ghosn exit must not affect Nissan-Renault alliance, says Japan

  25-01-2019 09:59 via theguardian.com
  Trade minister calls for alliance to remain stable and hopes companies can begin talksJapan’s trade minister has said the carmaking alliance between Nissan and Renault must continue after the final departure of the companies’ former chairman and chief executive, Carlos Ghosn.Ghosn led both companies until his arrest in November shook the global car industry and cast a shadow over the partnership, one of the world’s largest carmakers. He resigned from Renault on Thursday. Contin
  
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• Pound LIVE: Sterling nudges lower after SOARING to 20-MONTH HIGH against euro

  25-01-2019 09:58 via feedproxy.google.com
  THE pound nudged down slightly this morning after scaling to an 20-month high against the euro.
  
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• Police investigate human bone found in Primark socks

  25-01-2019 09:22 via theguardian.com
  Essex police say socks were bought in Colchester store and bone does not appear to be result of recent traumaPolice are investigating the discovery of a human bone in a pair of socks bought from a Primark store.Essex police said the socks were bought from the Colchester store on 10 December and the matter was reported to police on 2 January. Continue reading...
  
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• Prospect of no-deal Brexit 'very damaging': experts mine the data

  25-01-2019 08:00 via theguardian.com
  Two former members of Bank of England’s rate-setting committee opine on the economic outlookGlobal slowdown threatens to worsen impact of no deal
  How has Brexit vote affected UK economy? January verdict
  Independent business economist and member of the Bank of England’s monetary policy committee (MPC) from 2006 to 2011 Continue reading...
  
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• How has Brexit vote affected the UK economy? January verdict

  25-01-2019 08:00 via theguardian.com
  Each month we look at key indicators to see what effect the Brexit process has on growth, prosperity and trade
  Global slowdown threatens to worsen impact of no deal
  Prospect of no-deal Brexit ‘very damaging’: experts debate dataContinue reading...
  
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• Homes for sale in warehouse conversions – in pictures

  25-01-2019 08:00 via theguardian.com
  Live a lofty existence in these five historic buildings, from London to Yorkshire Continue reading...
  
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• Global recession? Brexit? Don't fret, get a cheap 10-year mortgage

  25-01-2019 07:00 via theguardian.com
  It’s never been cheaper to fix your home loan with decade-long deals as low as 2.44% (and no upfront fees)The world maybe at risk of another financial collapse and Brexit may send the UK economy off a cliff, but there is at least one positive outcome: it has never been cheaper to fix your mortgage payments for the next 10 years.According to the latest research from the mortgage number crunchers Moneyfacts, the average 10-year fixed mortgage rate has decreased significantly over the past fi
  
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• How people are wasting £4bn every year by overpaying for their energy bills

  25-01-2019 01:01 via feedproxy.google.com
  How staying loyal to one supplier for gas and electricity can leave you out of pocket
  
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• British taxpayers face £24bn bill for tax relief to oil and gas firms

  25-01-2019 01:01 via theguardian.com
  NAO report reveals cost of removing hundreds of North Sea wells, rigs and pipelinesBritish taxpayers face a £24bn bill for tax relief awarded to oil and gas companies removing hundreds of North Sea wells, rigs and pipelines, the UK public spending watchdog has said.The National Audit Office (NAO) said the figure would climb if companies collapse and are unable to pay for cleaning up their operations, leaving the government to pick up the tab. Continue reading...
  
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