Financial news

• Bitcoin BOUNCEBACK? ‘Stars aligning for a BTC bull run’, expert claims

  24-04-2019 23:23 via feedproxy.google.com
  BITCOIN appears to have awakened after a long slumber. And a leading expert bullishly believes the the time is overdue for another bitcoin price run.
  
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• Hammond must seek answers from Bank of England hopefuls | Larry Elliott

  24-04-2019 21:03 via theguardian.com
  With plenty of suitable candidates for governor, the chancellor needs to ask them the right questionsPicture the scene. It is high summer at the UK Treasury. Outside in St James’s Park, the tourists are feeding the ducks but inside a selection panel is interviewing a shortlist of candidates to be the next governor of the Bank of England.Attracting suitable candidates has not been a problem. The headhunters have found plenty of people to fit the job description: a person of the highest cali
  
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• Boeing: global grounding of 737 Max will cost company more than $1bn

  24-04-2019 20:27 via theguardian.com
  Plane-maker says it’s abandoned 2019 financial outlook and halted share buybacks in mid-March as it deals with crisis
  The global grounding of Boeing’s 737 Max jets will cost the company more than $1bn, the company said on Wednesday.The jets were grounded after two fatal crashes that killed 346 people, triggering investigations into the accidents across the world and engulfing Boeing in one of the biggest crises in its history. Continue reading...
  
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• Long Tail: Mixer drinks maker takes whisky, rum and bourbon into new taste territory

  24-04-2019 19:55 via feedproxy.google.com
  Mixers in fresh, zesty flavours crafted by soft drinks start up Long Tail are shaking up the dark spirits market by pairing them in cocktails and long serves.
  
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• The Guardian view on Huawei: if May wants to trust, we must keep verifying | Editorial

  24-04-2019 19:32 via theguardian.com
  The Chinese telecoms firm has won favour for cheap and sophisticated gear. But its participation in Britain’s 5G network demands the closest scrutinySweeping narratives can soon take hold, even if critics are already pointing to their holes. In the 1990s, two such theses quickly took root. The first was that liberal democracy had triumphed. The second was that technology would inevitably bring liberation; Bill Clinton quipped, in reference to China, that trying to control the internet woul
  
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• Courtesy, curtness and my gender pay gap report | Letters

  24-04-2019 19:13
  Kate Andrews of the Institute of Economic Affairs responds to a recent column by Zoe Williams; Elizabeth Manning points out the old pound coins in the illustration accompanying the pieceZoe Williams wonders whether the “courtly courtesy” I showed to her is genuine or sarcastic (Why pay-gap truthers are on the rise, G2, 23 April). I’m pleased to confirm it’s the former – perhaps it’s my American friendliness, or perhaps it’s how any decent person acts in
  
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• Buy-to-let: Avoid the tax hike dangers

  24-04-2019 18:40 via feedproxy.google.com
  BUY-TO-LET landlords are struggling to make a profit as the Government's tax crackdown intensifies and tough new red tape on tenancies adds to the cost and hassle.
  
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• ETZ Payments: Software group setting up finance arm to help protect from payday lenders

  24-04-2019 17:30 via feedproxy.google.com
  SOFTWARE group ETZ Payments is setting up a finance arm to help prevent gig economy workers from having to borrow from payday lenders.
  
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• 'Frustrating!' TSB accused of 'LYING' to customers after pledging NOT to cut interest rate

  24-04-2019 16:56 via feedproxy.google.com
  TSB has been accused of "effectively lying" to customers after the bank announced it will slash the interest rate on its current account – despite a previous email pledging it would not.
  
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• Bitcoin BOOST: BTC is ready to break $6,000, say cryptocurrency analysts

  24-04-2019 16:42 via feedproxy.google.com
  LEADING analysts are suggesting the value of bitcoin will soon hit $6,000.
  
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• Premium Bonds: Are YOU a winner? Prizes worth more than £8MILLION lost in post

  24-04-2019 16:20 via feedproxy.google.com
  PREMIUM BONDS prizes worth more than £8million have been lost in the post with many winners unknowingly sitting on a fortune, according to a new report.
  
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• MPs call on landlords to scrap 'no DSS' clauses in rental ads

  24-04-2019 15:35
  Critics compare refusal of people on benefits to ‘no blacks, no Irish, no dogs’ signsMPs have demanded landlords and letting agents end the practice of screening out people on benefits after hearing claims that “no DSS” clauses have become the 2019 equivalent of “no blacks, no Irish, no dogs” notices.During a hearing into the widespread refusal of landlords to rent properties to those on benefits, the Commons work and pensions select committee on Wednesday con
  
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• Bank of England governor: The SEVEN people tipped to replace Mark Carney

  24-04-2019 14:35 via feedproxy.google.com
  THE BANK OF ENGLAND has started its search for a replacement of Governor Mark Carney. Here are the seven people tipped to replace him.
  
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• Universal Credit scandal: Will YOU be worse off? 1.9m adults 'will LOSE £1,000 a year'

  24-04-2019 14:05 via feedproxy.google.com
  UNIVERSAL CREDIT will see almost two million adults lose at least £1,000 a year following the benefit switch, according to research from a leading think tank.
  
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• Names in the frame to be Bank of England governor

  24-04-2019 13:51 via theguardian.com
  From Raghuram Rajan to Janet Yellen or Andy Haldane, who is in the running to succeed Mark Carney?As the chancellor begins the search for a new Bank of England governor to succeed Mark Carney, here are some of the potential runners and riders. Continue reading...
  
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• Germany business morale FALLS in latest sign of weakening economy 'Pessimism increasing'

  24-04-2019 13:18 via feedproxy.google.com
  GERMANY’S deteriorating economy has taken another hit after business sentiment unexpectedly tumbled, according to new figures today.
  
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• Debenhams store closures: Is YOUR shop at risk as plans to close 20 branches unveiled?

  24-04-2019 12:27 via feedproxy.google.com
  DEBENHAMS’ new owners will this week unveil plans to shut 20 stores in the latest string of closures to hit the beleaguered UK high street, it has been reported.
  
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• Pound LIVE: GBP Sterling rises against euro as Germany business morale TUMBLES

  24-04-2019 10:11 via feedproxy.google.com
  THE pound is rising against the euro this morning as disappointing figures from Germany revealed business morale in Europe's largest economy has fallen.
  
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• Lifetime guarantee. So what does that mean, exactly?

  24-04-2019 08:00
  When my Kohler Daryl shower developed a fault I was asked to pay for the repairI had two en suite showers installed by Kohler Daryl in 2009 with a “lifetime guarantee” for each one. The metal fixings for the sliding door on one of the units have corroded and broken. When I asked for a repair, I was told Daryl products ceased to be covered under the “lifetime guarantee” when the company was taken over by Kohler in 2005. My guarantees were issued four years after this, but
  
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• Almost 2m people will lose £1,000 a year with universal credit – study

  24-04-2019 07:01
  Those on disability benefits and low incomes will be among worst affected, IFS concludesAlmost 2 million people will lose more than £1,000 a year following the switch to universal credit, with those claiming disability benefits the worst affected, according to research by a leading thinktank.Self-employed workers on below average incomes and low-income families with little savings will also be among the biggest losers, the Institute for Fiscal Studies study concluded, as the government aim
  
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• Ballooning executive pay is at last coming under scrutiny

  24-04-2019 07:00
  In the 1980s FTSE 100 bosses were paid 20 times their staff’s average, now that pay gap is 129 timesOver the weekend, an heir to the Walt Disney fortune entered the debate over high levels of corporate pay and increasing inequality.Besides marking a significant intervention over Disney’s legacy, his granddaughter Abigail Disney’s comments about company chief executive Bob Iger’s remuneration come as the latest signal that the gap in pay that has opened up between company
  
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• Fewer than one in four homeowners saving for future care – survey

  24-04-2019 01:01
  Government should provide free personal care for everyone, charity recommends in reportFewer than one in four homeowners are saving for their future care needs, despite more than half fearing they could lose their homes to pay for care in later life, research has found.A survey commissioned by the Independent Age charity found more than 143,000 older people – more than one-third of the 421,000 currently in residential care – are likely to face costs of £100,000 or more to pay f
  
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