Financial news

• Steelmaking restarts at Tata Port Talbot works after explosion

  27-04-2019 18:22 via theguardian.com
  Investigation continues into fires at Welsh plant that led to two workers being injuredProduction has returned to normal at one of the UK’s largest steelworks, where two workers were injured following a large explosion.An investigation into the cause of the incident at Tata Steel’s integrated works at Port Talbot in the early hours of Friday is under way after the outbreak of fires caused by molten metal coming into contact with cold water on a railway track. Continue reading...
  
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• Memo to Debenhams: don’t remind your customers they are middle aged | Barbara Ellen

  27-04-2019 18:00 via theguardian.com
  The brand can still be saved, but it must introduce fashion fit for the modern worldMy branch of Debenhams, in Wimbledon, south London, is one of 22 branches set to close next year, with more to follow, putting an estimated 1,200 jobs at risk.How horrible, particularly for the workers. Losing our Debenhams – huge, with three floors – will leave the shopping centre looking hollowed out. Sadly, I saw it coming. Just before Christmas, I was berating myself for getting to the store so la
  
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• Old people are an increasing burden, but must our young be the ones to shoulder it? | Phillip Inman

  27-04-2019 17:56
  Incomes for retirees have risen by 60% in 12 years, but by just 36% for the rest. Maybe they should be made to share their good fortuneAt 76 years old, if some of the press coverage is to be believed, Joe Biden is too old to be US president. By the same argument, at 78, Ken Clarke MP is past his sell-by date and 82-year-old Ann Clwyd, MP for Cynon Valley since 1984, should definitely be put out to pasture.Entertainers, who have always pushed the boundaries of acceptability, go the extra mile. Wh
  
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• Extinction Rebellion activists claim victory in HS2 tree protest

  27-04-2019 14:51 via theguardian.com
  Action by 12 protesters in Colne Valley nature reserve hailed as a success after felling haltedTwelve Extinction Rebellion activists who scaled trees in the Colne Valley nature reserve in west London to prevent HS2 operatives from chopping them down are claiming victory after the tree cutting did not go ahead.The activists spent about 10 hours in the trees, joining forces with Stop HS2, Green party campaigners and local residents to raise concerns about the destruction they claim the HS2 develop
  
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• Missed out on a Glastonbury festival ticket? Here are some alternatives

  27-04-2019 13:00
  We find some cheap – and in some cases free – ways to join the summer festivities
  •Festival tickets: beware the touts who will leave you shut out If you missed out in the scrum for Glastonbury tickets – they sold out in half an hour last autumn – don’t despair, because you have another chance to bag a spot at Worthy Farm.The festival’s official ticket resale – where tickets bought by people who now can’t attend/have changed their mind/haven&rs
  
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• Festival tickets: beware the touts who will leave you shut out

  27-04-2019 13:00
  More than a quarter of millennials fall prey to con artists. Here’s how to stay safe More than a quarter of millennial festivalgoers have fallen victim to a ticket scam, according to new research this week.With con artists using a range of methods to tempt music fans, from offering nonexistent tickets on social media to directing people to fake websites, falling victim to this sort of scam has never been easier, says Barclays, which issued the findings. Continue reading...
  
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• DIY urban gardening hacks for small spaces

  27-04-2019 12:00
  Go bold on scent and add drama with glossy-leaved plants to create a cosy urban oasisSmall gardens are often seen as having little or no scope for design. This couldn’t be further from the truth. You can squeeze a lot into a small plot: be bold, be strong, ensure a lavish backbone of evergreens with spring colour to enliven spirits after the long winter gloom – and don’t forget to incorporate scent. But remember, in small gardens, less is often more: it’s better to do one
  
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• US farmers count cost of catastrophic 'bomb cyclone' in midwest

  27-04-2019 10:00 via theguardian.com
  With grain stores ruined and many fields still under water from last month’s extreme weather, producers are facing devastating losses Five weeks after historic flooding in the midwest, waters still cover pasturelands, corn and soybean fields. Much of the water has receded, but rivers still run high and washed out roads force people to take long detours. Residents in Missouri are putting their ruined possessions on the street and corn stalks heaped by floodwaters look like snowdrifts in the
  
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• Labour is right to speak out on rabbit-hutch Britain | Julia Park

  27-04-2019 08:45
  MPs have demanded that rules allowing offices to be converted into tiny flats must be scrappedLet’s get one thing out of the way. Converting offices to residential use is not morally reprehensible nor does it necessarily produce bad housing. What is wrong is giving developers free rein to turn any office building (wherever it is, whatever it looks like – and whether or not it’s in use) into homes that we all know aren’t good enough.The Conservative/Lib Dem government conj
  
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• Green gas reaches milestone as it supplies 1m UK homes

  27-04-2019 08:44
  Thirteen-fold rise since 2017 in use of biomethane, which is made from farm and food wasteOne million homes in Britain are now using “green gas” for heating and cooking after a surge in energy produced from farm and food waste.Biomethane plants – there are now 60 in the UK – use food leftovers, cattle and chicken manure as well as grass silage and hybrid rye to create gas. Continue reading...
  
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• 'Very disappointing': Ashford laments loss of Debenhams branch

  27-04-2019 08:00 via theguardian.com
  Planned closure of department store in 2020 is another blow for shoppers in Kent town Like many towns, Ashford in Kent is trying to reinvent its shopping centre. Where the cattle market once stood, there is now a huge Picturehouse cinema. A group of derelict industrial buildings are to be turned into a food and drink hall and, of course, a trendy brewery is in the works.Despite its transformation, shops that were once considered mainstays of the British high street are leaving the town. On Frida
  
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• Is it worth carbon offsetting flights – and how should I do it?

  27-04-2019 08:00
  I’m worried about the environment, but I’m not sure which schemes I can trustEvery 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.Like Emma Thompson, I take flights but am worried about the impact on the environment. I see various “carbon offset” schemes but never know what it is I’m really paying for, and which companies or sites I sh
  
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• ‘I got here speaking no English. Now I’m a Thai boxing coach’

  27-04-2019 08:00
  Amro Ghanem, 24, on how he made ends meet after arriving from Italy – and how martial arts changed his lifeName: Amro Ghanem
  Age: 24
  Income: £24,000 - £27,000
  Occupation: Professional boxerWhen I arrived in London I couldn’t speak a word of English. Not even “hello”. Nothing. Continue reading...
  
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• Disney heir on CEO's $66m pay: 'No one on the freaking planet is worth that'

  27-04-2019 07:00 via theguardian.com
  Abigail Disney condemns family firm for spouting ‘neoliberal claptrap’ and derides Amazon’s Jeff Bezos: ‘It is possible to say no to money’Abigail Disney has one of the world’s most recognizable names. But this week she became a thorn in her famous family’s side when she spoke out against the vast salary of the Walt Disney Company’s chief executive, Bob Iger, and found herself at the center of a debate about inequality and extreme wealth. Related:
  
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• The CORBYN effect: How YOUR money could be SLASHED if Corbyn becomes Prime Minister

  27-04-2019 05:20 via feedproxy.google.com
  A JEREMY CORBYN-led government has been weighed up by economists after recent opinion polls suggested Labour are about to thrash the Conservatives in local elections - but how could your money be affected by Jeremy Corbyn becoming prime minister?
  
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• Google worker activists accuse company of retaliation at 'town hall'

  27-04-2019 04:27 via theguardian.com
  The group published a new set of demands, which include an investigation and a public response from co-founder Larry Page
  Worker activists at Google held a “town hall” on Friday where they alleged that the company regularly retaliates against employees who speak out about workplace problems and announced plans for a “company-wide day of action” on 1 May.The meeting, livestreamed for Google employees in offices around the world, was announced after two of the organizers of
  
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• Pension debate: Would YOU give up free TV licence or bus pass to help the young?

  27-04-2019 01:00 via feedproxy.google.com
  A PENSION debate was sparked this week after a Lords committee called for retirement perks including free TV licences and bus passes to be abolished.
  
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• Tesla's Elon Musk reaches deal with SEC over Twitter use

  27-04-2019 00:49 via theguardian.com
  The SEC sued Musk last year after he tweeted that he would take Tesla private, which the agency said violated securities lawsElon Musk, Tesla’s CEO, has reached a deal with the US Securities and Exchange Commission to settle a dispute over his use of Twitter, according to a court filing on Friday.Musk has agreed to submit public statements about the company’s finances to vetting by its legal counsel, the filing said. Continue reading...
  
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