Financial news

• Sainsbury's was naive to pursue Asda but its CEO deserves to stay on

  01-05-2019 20:34
  Mike Coupe’s plans lack whizz-bang excitement but would still be worthwhile. Let him try Those who were really in the money, as Mike Coupe likes to sing, were Sainsbury’s lawyers, bankers, consultants and advisers. The supermarket chain clocked up £46m in costs and fees in its deservedly doomed attempt to buy Asda.Coupe, the chief executive, offered the thin justification that £46m is a relatively small number when set against the £12bn retailing colossus that would
  
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• Why I will be protesting against Mark Carney on Thursday | Simon Youel

  01-05-2019 18:19
  The Bank of England needs to blacklist high-carbon bonds and commit its huge buying power to ‘green QE’As the adage goes: “There are decades when nothing happens, and there are weeks when decades happen.” After decades of climate complacency, for those in the environmental movement it certainly feels like we might be living in those weeks.Direct action by striking students and Extinction Rebellion has propelled the climate emergency to the top of the news and the politica
  
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• ‘I agree with Piers Morgan’: M&S’s new vegetarian Percy Pigs leave a bad taste in the mouth

  01-05-2019 17:52
  By taking out the gelatine from its much-cherished sweets, has Marks & Spencer bitten off more than it can chew?Marks & Spencer has set the British alt-reactionary – in ascending order of Reddit-style neo-hate they are: Piers Morgan, Julia Hartley-Brewer and Katie Hopkins – ablaze. The chain changed the recipe of its Percy Pigs range, removing the gelatine to make them entirely vegetarian. (The company has been selling an alternative veggie version since 2011, coloured green,
  
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• High streets can be saved. Here’s how to reinvent them for the 21st century | Vidhya Alakeson

  01-05-2019 16:11
  As Debenhams plans to close 22 stores, community projects show how to create a sustainable future for town centresThe statistics on high-street decline are bewildering. The average high street in England and Wales has lost 40 shops in the past five years. More than 160,000 retail jobs are expected to be lost this year. After a certain point, the numbers stop meaning anything. We lose sight of the real picture. So when Debenhams last week named the 22 stores it plans to close in 2020, many will h
  
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• Wallace and Gromit creators pull out of 'UK's Disneyland'

  01-05-2019 13:34
  Aardman Animations no longer involved with delayed £3.2bn theme park in KentThe creators of Wallace and Gromit and Shaun the Sheep have pulled out of a deal to be part of a £3.2bn theme park touted as a British rival to Disneyland.In 2015, Aardman Animations struck a deal with the company behind the development in Kent, known as the London Resort to potentially turn its characters into themed rides and attractions. Continue reading...
  
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• First-time buyers benefit from weak house price growth

  01-05-2019 10:11
  UK prices grew by less than 1% for fifth month in a row in April, says Nationwide.The housing market tipped further in favour of first-time buyers as prices grew by less than 1% for the fifth month in a row in April, according to the UK’s largest building society, Nationwide.The overall housing market across Britain remains subdued, according to Nationwide’s monthly house price index, with consumer confidence having weakened since the start of the year and the number of new buyer inq
  
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• Don’t think it’s all over if Amazon gives you a refund

  01-05-2019 07:59
  It gave me my money back but months later the seller took me to courtI bought £256.95 worth of shrubs from an Amazon Marketplace seller. Some arrived damaged and others were smaller than advertised, but the seller said I would have to pay to return them, which would have cost a fortune. I complained to Amazon, which refunded me under its A-Z Guarantee.Nine months on, I received notification from the small claims court that the seller was pursuing me for £294.37, including interest an
  
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• 'Location, location, lung disease': pollution ads target property market

  01-05-2019 07:00
  Citizen-funded campaign to flag up illegal levels of toxic air to London buyers and rentersA citizen-funded advertising campaign against air pollution will target the property market with billboard slogans including “Location, location, lung disease” and “The neighbourhood’s gone to the docs”.These will be accompanied by online ads and a website where homebuyers and renters in London will be able to look up levels of toxic air for the property they are considering.
  
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• UK's free ATMs under threat as operators levy charges, says Which?

  01-05-2019 01:01
  Cash machine firms converting thousands of ATMs to charge fees, warns consumer groupFree cash machines could become a thing of the past, according to consumer group Which? after it emerged that 1,700 ATMs switched to charging in the first three months of this year alone.Most of the ATMs affected are operated by Cardtronics – the UK’s biggest cashpoint operator – which warned it is likely to convert a further thousand machines to charge fees in the coming months. Continue readin
  
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• Brexit update: How families are REALLY preparing for Britain leaving the EU

  01-05-2019 01:01 via feedproxy.google.com
  BRITAIN is braced for Brexit with families already planning how they will prepare for Britain leaving the European Union, according to new analysis.
  
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