Financial news

• I worked for Waterstones for 11 years – low pay has long been an issue | Jim Taylor

  27-03-2019 18:53 via theguardian.com
  A ‘stimulating job’ doesn’t pay anybody’s rent. Decent wages are long overdueWhen I saw the staff petition for Waterstones to become a living wage employer earlier this week – along with the open letter supporting it, signed by numerous authors of note – my first thought was, why hasn’t anyone done this before? I worked for Waterstones for more than a decade, and the issue of low pay for shopfloor staff is by no means a new one within the company. Managi
  
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• Digital banking puts small lenders’ stability at risk, report finds

  27-03-2019 18:39 via theguardian.com
  Sector could face run on deposits despite changes made in wake of Co-op Bank sagaDigital banking has put smaller lenders at risk of a run on their deposits that could spread across the financial system, despite changes meant to avoid further UK bailouts, a government report has warned.The alert was included in an inquiry commissioned by the Treasury into how UK watchdogs – the Bank of England’s Prudential Regulation Authority (PRA) and defunct Financial Services Authority – han
  
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• Council tax in England rises by £78 for band D homes

  27-03-2019 17:23 via theguardian.com
  Tax for people in homes worth between £68,000 to £88,000 in 1991 rises by average of 4.7%Council tax in England for people living in band D homes has gone up by an average of £78, or 4.7%, after councils across the country approved their budgets for the next financial year, according to government data.Councils say they are braced for a potential £3bn cut in funding, which could affect services, despite council tax increases. Continue reading...
  
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• Energy bills go up NEXT WEEK: Millions of families will see prices RISE by up to £147

  27-03-2019 17:14 via feedproxy.google.com
  MILLIONS of families will be stung by more expensive energy bills from next week, with the worst-hit facing an average increase of more than £100 a year, new research has found.
  
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• ISA 2019: This is the one thing you MUST do – or your money could be REJECTED

  27-03-2019 16:47 via feedproxy.google.com
  ISA savers risk being caught out and their money rejected when trying to deposit into their account if they fail to sign an ISA declaration form.
  
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• Segregated playground developer now says all children are welcome

  27-03-2019 16:20 via theguardian.com
  Residents and lawyers remain sceptical of promises by Henley Homes, who built and own London development where poorer children were blocked from a shared playgroundToo poor to play: children in social housing blocked from communal playgroundThe developer that built and owns the housing complex where children of social housing were barred from using shared playgrounds has now said all children can play there, following a Guardian Cities investigation.It was revealed that children living in the so
  
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• Eurozone CRISIS: Draghi admits economic risks ‘have RISEN’ as Italy and Germany slump

  27-03-2019 15:47 via feedproxy.google.com
  MARIO Draghi acknowledged eurozone growth worries today as he confirmed the European Central Bank could further delay a planned increase in interest rates if it needs to.
  
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• House prices rise across ALL 20 of UK’s biggest cities for first time in YEARS

  27-03-2019 12:28 via feedproxy.google.com
  HOUSE prices are up for the first time in three and a half years across 20 of the UK’s biggest cities, with the cost of properties in London starting to firm.
  
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• Italy GDP growth forecast CUT to 0.1 PERCENT after economy plunged into recession

  27-03-2019 12:10 via feedproxy.google.com
  ITALY is set to trim the its 2019 gross domestic product growth estimate to barely above zero from a previous 0.9 percent prediction.
  
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• TalkTalk told me it would terminate my contract – and I couldn’t stop it

  27-03-2019 08:00 via theguardian.com
  It said a third party had requested the service to be cut off … but it was all news to meTwo months ago, I received an email from TalkTalk stating that my contract was to be terminated at my request. This was news to me. TalkTalk said a third party had requested it, but it agreed not to terminate. A month later I received another email, again stating my account was to be terminated the following day. TalkTalk did not seem to have a record of my previous call but once more agreed not to te
  
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• 'It's going to be our little paradise': can co-ops solve the housing crisis?

  27-03-2019 07:00 via theguardian.com
  For many people, bouncing between shoddy, overpriced house-shares is a fact of life. But there is a ready-made answer: the humble housing co-opBefore Sophie Slater lived in a housing co-operative, her homes, across south London, were precarious. There was the illegal house share in New Cross where she slept under a dodgy boiler for six months. (Eventually the gas man snitched and they had to move out, which was probably for the best, on account of the potential for carbon monoxide poisoning.) Th
  
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• Visitor numbers at UK attractions rise 9% despite fewer overseas tourists

  27-03-2019 01:00 via theguardian.com
  Tate Modern becomes nation’s top attraction as experts say Britons are fuelling growthVisitor numbers at Britain’s museums, galleries, zoos, castles and country houses increased by nearly 9% last year despite a decrease in numbers of overseas tourists.Figures published on Wednesday show striking rises across the UK helped by stories as diverse as Dippy the “150m-year-old dinosaur”, a regiment of 2,200-year-old terracotta warriors and a one-year-old polar bear called Hamis
  
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