Financial news

• Right to Rent’s demise should spell the end for the hostile environment | Satbir Singh

  01-03-2019 17:38 via theguardian.com
  One of the Home Office’s flagship schemes has been found to be unlawful. It’s about timeSeven years after the then home secretary Theresa May announced her intention to create “a really hostile environment” for undocumented residents in the UK, the high court has declared one of her flagship schemes to be unlawful.The Right to Rent scheme, which threatens landlords with unlimited fines and up to five years in jail if their tenants can’t produce all the right immigra
  
  Read more

• Let’s move to Stirling: Edinburgh in miniature, with fewer stag parties

  01-03-2019 17:30
  Once a stronghold of Scotland’s royalty, this historic town is a mighty fine place to liveWhat’s going for it? There’s no getting around Stirling. Well, OK, pedants, these days you can take the M9 or the Kincardine Bridge, or wiggle your way on the A814 along Loch Long. But in times of yore, when Scotland was more like Game Of Thrones’ Westeros, most roads led through Stirling. This is where Scotland’s waist narrows to a few score miles, and is the lowest bridging p
  
  Read more

• MWC 2019: folding wrist phones, 5G and quintuple cameras – 8 standout gadgets

  01-03-2019 14:51 via theguardian.com
  Also unveiled in Barcelona: Microsoft’s Hololens 2 and phones with folding screensThe annual mobile technology jamboree in Barcelona has revealed the latest exciting developments that will feature in phones, tablets and watches over the next 12 months. From folding handsets and ultra-sophisticated cameras to brick-like smartphones with a very long battery life – here are eight of the most notable products from Mobile World Congress 2019 this week. Continue reading...
  
  Read more

• Bitcoin could experience HUGE REVIVAL in 2019 following DISASTROUS 2018, experts claim

  01-03-2019 14:18 via feedproxy.google.com
  BITCOIN could experience a huge revival this year following a disastrous 2018 for the world’s most popular cryptocurrency, some financial experts have claimed.
  
  Read more

• Advertisement

• Bitcoin facing another uncertain weekend after failing to hit the expected heights

  01-03-2019 13:39 via feedproxy.google.com
  The cryptocurrency markets are staring into yet another weekend of potential volatility after failing to achieve the heights many enthusiasts had wished for this week. A hope-addled spike going into last weekend managed to briefly catch a thermal before gliding back down to previous levels as it levelled off from Monday to Friday between $3,730 and $3,840.
  
  Read more

• Pound euro exchange rate: GBP/EUR falls on Brexit ‘slings and arrows’

  01-03-2019 12:56 via feedproxy.google.com
  The pound euro exchange rate slipped this morning and is currently trading at €1.156. GBP/EUR weakened following the publication of the UK manufacturing PMI figures for January, which drew closer to contraction at 52.0.
  
  Read more

• London Stock Exchange to MISS 2019 targets - 250 jobs will be CUT to save £30m

  01-03-2019 12:36 via feedproxy.google.com
  THE London Stock Exchange has admitted it expects to miss key financial targets in 2019, with its new boss confirming 250 jobs will be cut to save £30million in costs.
  
  Read more

• Pound US dollar exchange rate: GBP/USD slips as manufacturing job losses hit six-year high

  01-03-2019 11:27 via feedproxy.google.com
  This morning the GBP/USD pairing has slipped a little and is currently trading at around $1.324. February’s UK Manufacturing PMI slipped from 52.6 to 52, a four-month low which has weighed on Sterling.
  
  Read more

• Advertisement

• Manufacturing slowdown fuels concerns over global economy - business live

  01-03-2019 09:07
  Rolling coverage of the latest economic and financial news, as we discover how the world’s factories fared in February 8.00am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Manufacturing conditions in #China were broadly stable in Feb, according to Caixin #PMI data. Encouragingly, both output and total new orders expanded slightly, despite export sales slipping back into contraction. More here: https://t.co/UtQxP
  
  Read more

• 'Girl power' charity T-shirts made at exploitative Bangladeshi factory

  01-03-2019 08:34
  Over 100 workers claim to have been sacked after protesting about low wages at factory that makes ‘girl power’ T-shirtsCharity “girl power” T-shirts sold in the UK are made at a Bangladeshi factory where more than 100 impoverished workers claim to have been sacked after striking in protest at low wages, it can be revealed.The £28 garments are sold online by F=, which claims to be “all about inspiring and empowering girls”, with £10 from each T-shir
  
  Read more

• Production of fedora hats - in pictures

  01-03-2019 08:00
  Borsalino’s prized felt hats are handmade by 80 workers in its Piedmont factory, using hot water, steam and craftsmanship to transform rabbit fur into highly prized creations.Continue reading...
  
  Read more

• Midcentury modern homes for sale – in pictures

  01-03-2019 08:00
  Settle down in an Eames chair in these stylish homes, from Hampshire to Yorkshire Continue reading...
  
  Read more

• Minicab drivers claim discrimination over new London charge

  01-03-2019 07:00
  Exemption for black cabs and their white drivers violates human rights, union saysMinicab drivers are launching a legal action against the London mayor, Sadiq Khan, accusing him of discrimination against a largely ethnic minority workforce by making them pay the congestion charge while black cab drivers, who are overwhelmingly white, will be exempt.Khan oversees Transport for London (TfL), which is planning to levy a £12.50 ultra-low emission zone (ULEZ) charge to drive in the city centre
  
  Read more

• Spain’s Watergate: inside the corruption scandal that changed a nation

  01-03-2019 06:59
  The Gürtel case began with one Madrid mogul. Over the next decade, it grew into the biggest corruption investigation in Spain’s recent history, sweeping up hundreds of corrupt politicians and businessmen – and shattering its political system. By Sam EdwardsOn a cold December day in 2007, José Luis Peñas received a phone call from the man he had recently betrayed. Francisco Correa, a powerful business magnate, was ringing to ask whether they could meet the following
  
  Read more

• The evolution of Ernie: the National Savings & Investment machine

  01-03-2019 01:01 via theguardian.com
  The original Ernie was launched in 1957 by the appropriately named post master general, Ernest Marples, to generate random numbers for NS&I’s premium bonds Continue reading...
  
  Read more

• Premium bond Ernie takes quantum leap into fifth generation

  01-03-2019 01:01 via theguardian.com
  UK government-backed savings and prize draw brand was introduced in 1956Ernie, the premium bond number generator, takes a quantum leap on Friday as the fifth incarnation of the machine is launched, running at speeds 21,000 times faster than the original 1956 model developed by Bletchley Park codebreakers.Ernie 5 – the name stands for Electronic Random Number Indicator Equipment – will for the first time use quantum technology to produce random numbers through light, replacing the pre
  
  Read more

Follow @financialnwsUK on Twitter!