Financial news

• Businesses refusing to sell to Trump supporters may want to think twice | Gene Marks

  24-02-2019 13:00
  A music store owner in Ohio recently told customers he felt ‘unclean and dirty’ accepting money from the president’s sympathizers – but the damage was doneA business owner in Ohio made news this week because he refused to sell his products and services to supporters of Donald Trump. Was that a good idea? I’m sure you can guess the answer.“Joe”, the owner of Joe’s Music, a 15-year-old small musical instrument and accessory shop that also provides le
  
  Read more

• It’s not just the EU that is alienated by Brexit. It’s Japan too | William Keegan

  24-02-2019 08:00
  Nissan, Honda and Hitachi were the pillars of an Anglo-Japanese accord dating back to the 1980s. That deal is now in ruinsThe damage becomes more palpable by the day. So, far from winning a £350m-a-week boost to the NHS, we find that the mere prospect of Brexit is costing the economy £800m a week.And this is only the beginning, unless the madness can be stopped. I have pointed out before that her crucial contribution to setting up the single market was one of Margaret Thatcher’
  
  Read more

• Instagram braggers who send the rest of us into bankruptcy | Barbara Ellen

  24-02-2019 07:00 via theguardian.com
  Online lifestyle envy could be behind a drift into ever deeper debtIt would seem that keeping up with the Instagram-Joneses is a thing. New American research suggests that rising levels of debt, plus an inability to save, in both the UK and the US, could be partly attributed to Instagram providing boundless opportunities for people to post and brag about their wonderful holidays, delicious restaurant meals, new clothes and the rest.Nor is everybody on Instagram a high-level “influencer&rdq
  
  Read more

• Drought and low milk prices push dairy farmers to the brink

  24-02-2019 00:13
  Some who rely on irrigation to survive are selling up, while others cut herds and take big financial hitsWhen the dairy farmer Shane Hickey calculated his hourly rate of pay at just $2.46 last year it prompted a wave of outrage and sympathy. Consumers vowed to change their purchasing habits to support small, independently processed milk instead of the $1-a-litre offerings in the major supermarkets.But among other farmers, the conversation was very different. “I got quite a few phone calls
  
  Read more

• Advertisement

Follow @financialnwsUK on Twitter!