Financial news

• Pension increase 2019: When do pension contributions increase? How much will I be paying?

  06-04-2019 10:59 via feedproxy.google.com
  WORKPLACE pension contributions are going up as the new financial year comes in - but when do the changes come into effect and how much will you be paying?
  
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• Too hot to handle? Don’t be burned on P2P or mini-bond loans

  06-04-2019 08:30
  The collapse of LC&F shows that investments boasting high returns also come with big risksTread carefully if you’re thinking about investing in peer-to-peer lending or “mini-bonds”– the risks are high and you could lose your money. That was the message this week from the financial watchdog, which issued a robust warning to consumers days before the Isa deadline.The Financial Conduct Authority’s comments follow the collapse of mini-bond firm London Capital &
  
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• What present should we get the nurses who delivered our baby?

  06-04-2019 08:00
  The staff on the maternity unit were fantastic, and we’d like to get them a giftEvery 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.The nurses and staff on the maternity unit where our second child was born recently were just fantastic. We want to buy them a gift – but what’s appropriate? Do nurses get fed up with chocolates and flowers? I’
  
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• Number spoofing: another refund after Guardian intervenes

  06-04-2019 08:00
  A NatWest customer lost £10,150 when fraudsters manipulated his caller IDA second fraud victim – duped into believing he was talking to his bank after his mobile caller ID showed the call was from the bank – has been refunded following the Guardian’s intervention.Bernard Hill* lost £10,150 when he was “number spoofed” earlier this month. His NatWest premium account was cleaned out after fraudsters rang him on a number showing up on his handset as the ban
  
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• Nationwide gets back to its roots by building homes

  06-04-2019 08:00
  Building society takes on the developers with plans for not-for-profit homesA century ago the predecessor to today’s Nationwide building society was instrumental in building Letchworth, the first of Britain’s garden cities. Now the mutual society is going back to the future and is to start building homes again for the first time in a hundred years, in a revolutionary not-for-profit venture challenging the major housebuilders’ grip on the property market.The society is starting
  
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• 'I set myself up as a virtual assistant after I had a brain tumour'

  06-04-2019 08:00
  Catherine Gladwyn, 42, on how illness has changed her life – and how her income has doubledName: Catherine Gladwyn
  Age: 42
  Occupation: Virtual assistant
  Income: £36-£42,000About eight years I started experiencing severe memory loss. I was managing a team of administrators but I couldn’t remember things. I’d have meetings but I’d forget what was said. My periods suddenly stopped and I also felt fatigued. It was a nightmare. Continue reading...
  
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• New tax year giveth for the rich, but taketh away for low earners

  06-04-2019 07:00
  While millions will gain from personal allowance rise, benefits are to be cut in real termsMillions of workers will enjoy significant tax cuts as the new financial year begins, the chancellor, Philip Hammond, has said, claiming it is “thanks to our careful management of the public finances”.But there is a darker side to the new financial year for many others – another 12 months of real-terms cuts to benefits, increases in national insurance contributions and a big rise for pens
  
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• Boeing to cut 737 Max aircraft production by nearly 20%

  06-04-2019 00:16 via theguardian.com
  Only 42 aircraft to be made per month in bid to manage inventory after two fatal crashes
  Boeing plans to cut its monthly 737 production by nearly 20% as it works to manage the grounding of its Max aircraft in the wake of two deadly crashes, Dennis Muilenburg, its chief executive, said on Friday.Deliveries of Boeing’s best-selling aircraft were frozen after a global grounding of the narrow-body model following the crash of an Ethiopian Airlines jet on 10 March that killed all 157 people onb
  
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