Financial news

• MAPPED: Most affordable regions in UK to save for your first home

  25-03-2019 17:00 via feedproxy.google.com
  THE most affordable regions in the UK to save for a house deposit have been revealed, with it taking an average of 11 years longer to save for a home in London than it does the North East.
  
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• Turkey lira REBOUNDS against US dollar as Erdogan issues WARNING to bankers

  25-03-2019 16:56 via feedproxy.google.com
  TURKEY saw its lira rebound today as it entered recovery mode after President Recep Tayyip Erdogan issued a warning to bankers.
  
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• UK watchdog orders Spanish car hire firms to reveal hidden costs

  25-03-2019 16:54 via theguardian.com
  CMA takes cross-border action against companies accused of misleading practices Britain’s competition authorities have for the first time taken cross-border action against Spanish car hire firms, after widespread complaints about misleading practices.Two large hire firms operating in Spain, Centauro and Record Go, have been ordered by the UK’s Competition and Markets Authority (CMA) to change the way they tell customers about charges. Goldcar, another big player in the Spanish holida
  
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• Pension POVERTY: Future retirees facing massive £68,000 shortfall - shock report

  25-03-2019 16:37 via feedproxy.google.com
  FUTURE pensioners risk underestimating how much they need for retirement by more than £68,000 over the course of their golden years, according to new research.
  
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• Automation threatens 1.5 million workers in Britain, says ONS

  25-03-2019 15:40 via theguardian.com
  Women and part-timers most at risk, while supermarket checkout jobs fall by 25%About 1.5 million workers in Britain are at high risk of losing their jobs to automation, according to government estimates, with women and those in part-time work most affected.Supermarket checkout assistants have already borne the brunt of the phenomenon, the Office for National Statistics found, with 25.3% of jobs disappearing between 2011 and 2017. Continue reading...
  
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• French Muslim group suing Facebook over Christchurch video

  25-03-2019 15:14 via theguardian.com
  CFCM is also taking action against YouTube for allowing attack footage to be broadcastThe French Council of the Muslim Faith (CFCM) has said it is suing Facebook and YouTube for allowing the public broadcast of a live video by the man who carried out the New Zealand mosque massacre this month.The council said it was suing the French branches of the two companies for “broadcasting a message with violent content abetting terrorism, or of a nature likely to seriously violate human dignity and
  
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• INTELLIGENCE FUSION: Demand soars for firm flagging danger spots and exposing fake intel

  25-03-2019 14:50 via feedproxy.google.com
  Intelligence Fusion, a danger spots troubleshooter, is to expand its risk information services into a round-the-clock operation for companies and organisations after seeing record demand triggered by growing global insecurities.
  
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• How to stop landlords profiting from homelessness? Compulsory purchase | Ellie Mae O’Hagan

  25-03-2019 13:45 via theguardian.com
  London councils are paying £14m a year in ‘incentives’ to private landlords. Only radical measures will solve this crisisAlthough most of today’s headlines are taken up by the fact that Brexit has descended into the political equivalent of a skip being set on fire, it’s important to remember that this government has been diligently trashing the country in other ways too. Related: London councils pay landlords £14m in 'incentives' to house homeless peopleContin
  
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• Bitcoin goes MAINSTREAM: Cryptocurrency wallet on WhatsApp set for release

  25-03-2019 13:34 via feedproxy.google.com
  CRYPTOCURRENCY is set to go mainstream with the release of a wallet tied to WhatsApp – the most popular messaging app in the world.
  
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• Where the River Runs Red - a mining community caught between the past and a sustainable future

  25-03-2019 13:04 via theguardian.com
  In the isolated west of Tasmania an ominous red river divides the small mining town of Queenstown. A result of copper run-off from a closed mine, it is an ever-present reminder of the town’s history of environmental and industrial disaster. Where the River Runs Red explores a community in an economically crippled area caught between the past and a future that is less reliant on a mining economy Continue reading...
  
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• Pension BOMBSHELL: Are YOU missing out on £1000-A-YEAR? Millions going unclaimed

  25-03-2019 12:54 via feedproxy.google.com
  MORE than half of all homeowner pensioners have never checked their entitled for State Benefits and could be missing out on over £1,000 a year.
  
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• FTSE 100 down: Markets in the RED on global economy SLOWDOWN fears and US recession worry

  25-03-2019 12:29 via feedproxy.google.com
  FEARS of a slowdown in global economic growth and growing concerns of a recession brewing in the United States have sparked a worldwide sell-off of shares, with the FTSE 100 losing ground this morning.
  
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• Pound US dollar exchange rate: GBP sinks as Trump is cleared of Russia collusion claim

  25-03-2019 11:42 via feedproxy.google.com
  THE pound is down against the US dollar today and is trading in the region of $1.315.
  
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• Pound euro exchange rate: GBP slips on better-than-forecast Germany data

  25-03-2019 11:33 via feedproxy.google.com
  BREXIT pessimism is weighing on Sterling, leaving the pound euro exchange rate trading in the region of €1.165.
  
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• Pound LIVE: GBP Sterling ‘avoids major wobble’ as Theresa May battles for premiership

  25-03-2019 10:18 via feedproxy.google.com
  THE pound is starting the week on stable footing as Theresa May battles to keep hold of her premiership ahead of another crucial few days for Brexit.
  
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• I need to sell my father’s cottage – what tax do I pay?

  25-03-2019 08:00 via theguardian.com
  I’m the sole beneficiary under his will and I’m not sure if I need to to register it as my second homeQ I recently inherited my father’s cottage as sole beneficiary under his will; probate was completed on 7 February 2019. Reluctantly, I have decided to sell the cottage. As I am selling it, do I need to register it as my second home, or not? When it sells, what do I need to do about any tax I might need to pay?
  HAA If there was inheritance tax for your father’s estate to
  
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• Has Tesco killed off its Hudl tablet?

  25-03-2019 08:00 via theguardian.com
  If you try to restore it to factory settings, it will not restart and is, in effect, uselessI want to warn Tesco Hudl tablet users that the retailer has withdrawn software support which means if you try to restore your tablet to factory settings, it will not restart and is, in effect, useless.The problem first emerged in January and, until now, Tesco has claimed to be working on a fix. But it has just announced via Twitter that “Hudl 1 and the first edition Hudl 2 have reached the end of l
  
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• London councils pay landlords £14m in 'incentives' to house homeless people

  25-03-2019 07:00 via theguardian.com
  Almost 6,000 payments made in 2018 to secure housing for vulnerable people Cash-strapped London councils are paying private landlords more than £14m a year in “incentives” simply to persuade them to house homeless people, the Guardian can reveal.The sweetener payments of up to £8,300 each were made to landlords more than 5,700 times in 2018 to house people who were either homeless or considered at risk of homelessness, freedom of information requests have revealed. The pa
  
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• UK's big broadband providers give 'shoddy' service – report

  25-03-2019 01:01 via theguardian.com
  TalkTalk, Sky, Virgin and BT rank worst in annual customer survey by Which?The UK’s biggest broadband providers are letting their customers down with shoddy service, according to a survey by consumer group Which?. TalkTalk and Sky were named as the worst suppliers.BT, Sky, TalkTalk and Virgin Media supply almost nine in 10 broadband customers, yet Which? said that “year after year” these were the providers that occupied the bottom of its league table. Continue reading...
  
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