Financial news

• Brexit or no Brexit, our real problem is failure to invest

  16-03-2019 18:00
  And even staying in the EU would only lessen the effects of this shortfall, not solve itAs we enter the dog days of article 50 negotiations, with the political heat rising to boiling point, MPs should stop a moment and consider what kind of Brexit catastrophe awaits the country.Brexit supporters argue that MPs’ information could be a little out of date. And it’s not just them. Listen to the governor of the Bank of England, Mark Carney, who says a no-deal Brexit is not the catastrophe
  
  Read more

• After two deadly disasters in five months, can Boeing survive?

  16-03-2019 17:00
  The global grounding of its bestselling model after 346 deaths has created a genuine crisis for the company and its clientsWithin three minutes of takeoff, Ethiopian Airlines flight 302 had accelerated to unusually high speeds. Captain Yared Getachew knew something was wrong as the aircraft, a Boeing 737 Max 8, erratically dipped and climbed by hundreds of feet. He radioed air traffic control, requesting a return to Addis Ababa airport.He was cleared to return and the aircraft began to turn righ
  
  Read more

• Goodbye beans on toast as UK families turn to recipe kits

  16-03-2019 15:00 via theguardian.com
  Subscription dinner boom puts five million meals a month on the tableCaroline Kennedy says she can’t remember life before meal kits. The weekly shop used to be a drag, and she would buy the same food – a lot of it unhealthy and much of it routinely thrown in the bin.Now she jumps online, clicks her favourite dishes and waits for a box of fresh, measured ingredients to be delivered. Continue reading...
  
  Read more

• Brexit delay could cost millions in extra payments to ferry firms

  16-03-2019 11:19
  Estimated extra cost of £28m will be fresh blow to transport secretary Chris GraylingAny delay to the UK leaving the European Union could cost the government tens of millions in extra payments to keep its no-deal ferry contracts in place.The extra costs will be a fresh political blow to the transport secretary, Chris Grayling, after the collapse of one contract with an operator that had no ferries and a lawsuit by Eurotunnel that was settled out of court at a cost of £33m. Continue r
  
  Read more

• Advertisement

• Christchurch attack: tech firms must clean up platforms - Javid

  16-03-2019 10:40
  UK home secretary says they ‘have responsibility not to do terrorists’ work for them’Internet companies who allow the distribution of banned content “should be prepared to face the full force of the law”, Sajid Javid has said, as he called on people to stop watching and sharing the livestream broadcast by a gunman who killed 49 people in Christchurch on Friday.The British home secretary used an opinion piece in the Daily Express about the massacre to draw attention
  
  Read more

• Dispute brewing as craft beer makers mull pending tax reform

  16-03-2019 09:00
  Normally fraternal world of microbreweries in acrimonious split over tax breaksTrouble is brewing in the normally convivial world of beer making, with an unseemly fracas developing over pending reform of the tax breaks that have fuelled the huge growth in the number of small brewers.Anyone enjoying the wide array of lagers, ales, stouts and porters at this weekend’s bustling BeerX exhibition in Liverpool, organised by trade body the Society of Independent Brewers (Siba), could raise a glas
  
  Read more

• Is Harlow being used to ‘socially cleanse’ London?

  16-03-2019 08:45 via theguardian.com
  Councils in the capital are dumping vulnerable people in small and unsuitable flats, it is claimedReports of children who are frightened to go home and can’t sleep at night because they are “petrified”; concerns about the potential for grooming of vulnerable adults and youngsters; suspected drug dealing; alcohol-fuelled bad behaviour; incidents of domestic abuse ... Harlow in Essex is being left to pick up the pieces because London councils are “socially cleansing”
  
  Read more

• I live with my partner – what should we do financially and legally?

  16-03-2019 08:30
  We’ve been together for nearly 10 years, have a child and don’t want to get marriedEvery 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.My partner and I have been together for nearly 10 years, and have one child. We live in a heavily mortgaged house. But we’ve never married, and don’t want to. Aside from organising a will, is there anything
  
  Read more

• Advertisement

• Trump era proves a boom time for political publishing

  16-03-2019 08:00
  A spate of books focused on the Trump administration and related subjects are proving a moneymaker for publishersAfter two years in office Donald Trump has finally taught book publishers what cable news and the newsprint industry already knew: political journalism is great business and such a huge moneymaker that it may be eating into other publishing genres.More than a dozen books about Trump’s Washington are due, many from well-known writers paid advances in the region of a million dolla
  
  Read more

• Most household bills set for above inflation rises in April

  16-03-2019 08:00
  We look at a raft price hikes from phones and broadband to gas, water and electricityBritish consumers face a raft of price hikes over the coming weeks that in some cases will add hundreds of pounds to gas and electricity, phone, broadband, council tax and water bills. Over recent years, 1 April has become the date that utilities and others target to push through price hikes – and 2019 is no different. This is what you can look forward to.Phones and broadband – up £150
  Sky TV a
  
  Read more

• How should I fund my help-to-buy home purchase?

  16-03-2019 08:00
  I’m wondering if I should try to borrow more in a mortgage and get a smaller government loan
  Q I am currently in a process of securing a mortgage and help-to-buy equity loan on a new build with a purchase price of £420,000. My mortgage adviser has proposed that, to fund the purchase, I put down a cash deposit of £40,000 with a mortgage of £212,000 and apply for a help-to-buy equity loan of £168,000.When I enquired about securing a mortgage before I went down the hel
  
  Read more

• Five of the best noise-cancelling headphones

  16-03-2019 08:00 via theguardian.com
  Blocking out annoying sounds on flights or the commute with these options priced from £80Daily life is stressful enough without being subjected to the noise of others. Thankfully noise cancelling headphones can help by actively blocking oppressive distractions, whether it’s for flights, the commute, or just in the office, with effective options costing from £80.Here’s a quick guide to separate the wheat from the chaff.Continue reading...
  
  Read more

• Carphone Warehouse: are you entitled to compensation?

  16-03-2019 08:00
  Company fined £29.1m by FCA for mis-selling mobile insurance and advice serviceUp to 28,000 consumers who were mis-sold Carphone Warehouse’s Geek Squad mobile insurance and technical advice service could be due refunds after the company was fined £29.1m by the Financial Conduct Authority.The FCA said this week that Carphone Warehouse failed to give its sales consultants the correct training to enable them to offer suitable advice to customers buying the product, which tended to
  
  Read more

• Annuities: a £4bn pension heist, or a great opportunity to buy? | Patrick Collinson

  16-03-2019 08:00 via theguardian.com
  The pension plans were an awful investment until they stopped being forced on usAnnuities have turned out to be fabulously profitable for Britain’s pension companies – and something of a disaster for many of those forced into them before pensions freedom began in 2015.Only now is it beginning to emerge just how awful those annuity rates were. An annuity is basically an income for life, and once the contract is taken out, you can’t exit it. But the pension companies that sold th
  
  Read more

• Annuities: a £4bn pension heist, or a great opportunity to buy?

  16-03-2019 08:00
  The pension plans were an awful investment until they stopped being forced on usAnnuities have turned out to be fabulously profitable for Britain’s pension companies – and something of a disaster for many of those forced into them before pensions freedom began in 2015.Only now is it beginning to emerge just how awful those annuity rates were. An annuity is basically an income for life, and once the contract is taken out, you can’t exit it. But the pension companies that sold th
  
  Read more

• Banana blossom: the next vegan food star with the texture of fish

  16-03-2019 07:00
  Sainsbury’s is to include the flower, which hails from south-east Asia, in its ready mealsFollowing on from beetroot burgers and jackfruit curries, the next star of the vegan “meat” world hails from the gardens of south-east Asia and looks somewhat like an artichoke.Banana blossom, also known as a “banana heart”, is a fleshy, purple-skinned flower, shaped like a tear, which grows at the end of a banana fruit cluster. Traditionally used in south-east Asian and Indian
  
  Read more

• Sage grouse saga: Trump opens habitat to drilling as activists condemn plan

  16-03-2019 00:04
  Environmentalists say changes will make it harder to stop the long-term decline of the speciesThe Trump administration on Friday finalized changes to sweeping federal land use plans for the west, easing restrictions on energy companies and other industries in a way officials said would still protect a struggling bird species.But environmentalists said the widely-anticipated move will undermine protections for the chicken-sized grouse. It would allow more oil and gas drilling, mining and other ac
  
  Read more

Follow @financialnwsUK on Twitter!