Financial news

• Bitcoin price: Expert says 'crypto winter' over & 2020 to be year crypto hits 'new highs'

  03-05-2019 22:26 via feedproxy.google.com
  BITCOIN price hit a six month high on Friday and “evidence is mounting” to suggest there is a bull market, according to cryptocurrency expert Tom Lee.
  
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• Lloyds launches review of HBOS fraud compensation scheme

  03-05-2019 18:12
  Former high court judge to lead independent appraisal amid claims victims were treated unfairlyLloyds has appointed a former high court judge to run an independent review of its compensation scheme for victims of fraud that took place at an HBOS branch in Reading, amid claims that the scheme treated customers unfairly and worked in the bank’s own interests.The banking group announced on Friday that Sir Ross Cranston, now a law professor at the London School of Economics, would oversee the
  
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• Let’s move to Oswestry, Shropshire: chocolate-box pretty with skeletons in its past

  03-05-2019 17:30 via theguardian.com
  It has seen battles aplenty and the scars are there, if you care to lookWhat’s going for it? With its red-brick Georgian townhouses, porticoed coaching inns, award-winning bookshop and black-and-white half-timbered cottages, Oswestry looks harmless, as pretty as a picture, as if it had peeled itself off the lid of a box of fudge fancies. Don’t be fooled. We are in border country here, and any border country hides a sizable cupboard of skeletons in its past. Oswestry has seen battles
  
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• Energy bills: Are YOU entitled to money back for poor service? – £5MILLION unclaimed

  03-05-2019 16:56 via feedproxy.google.com
  MILLIONS of pounds in compensation has gone unclaimed by energy customers over the last three years, according to Citizens Advice.
  
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• Bitcoin boom or bust: BTC is looking strong, but is a FALL coming? – ANALYSIS

  03-05-2019 16:38 via feedproxy.google.com
  IN a world where little should be considered a surprise, the volatile cryptocurrency markets have shown strength in numbers as they begin to pull away from the recent slump that saw the two biggest players – bitcoin and Ethereum – fall to $5,100 and $151 respectively.
  
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• TV licence REFUND: Holders could be owed up to £50 – are you entitled to a refund?

  03-05-2019 16:25 via feedproxy.google.com
  TV LICENCE refunds enable consumers to get money back for any months that do not require the customer to be covered, and one group in particular is being urged to take advantage.
  
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• Brexit scaremongers WRONG: London named top European city for investment

  03-05-2019 14:46 via feedproxy.google.com
  LONDON has been named the top European city for investment in a prestigious index, overshadowing Brexit scaremongering and fears for the UK economy.
  
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• Bitcoin price at CRITICAL juncture: Can BTC price rebound from ‘crypto winter’ continue?

  03-05-2019 14:42 via feedproxy.google.com
  BITCOIN is overdue another bull run if crypto patterns repeat, a senior market analyst has announced.
  
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• Pension Credit: 1.3 million people missing out on hundreds of pounds EVERY YEAR – are you?

  03-05-2019 12:23 via feedproxy.google.com
  A STAGGERING 1.3 million people above the state pension age are missing out on hundreds of pounds a year by not claiming Pension Credit, new research shows.
  
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• Pound US dollar exchange rate: GBP steadies on US-China trade deal update

  03-05-2019 12:09 via feedproxy.google.com
  THE pound US dollar exchange rate is steady today and is trading around $1.302 at the time of writing.
  
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• Pound euro exchange rate: GBP flat as BoE says Brexit uncertainty is stifling UK business

  03-05-2019 12:03 via feedproxy.google.com
  THE pound remains muted against the euro and the pairing is currently trading at around €1.166.
  
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• One rate rise a year wouldn't be dramatic, Bank of England's Broadbent says - business live

  03-05-2019 10:30 via theguardian.com
  Ben Broadbent, deputy governor of the Bank of England, hints at more interest rate rises and says he hasn’t yet decided whether to apply for Mark Carney’s jobBank of England warns of rate rises over next three yearsGovernment commits to keeping 1p and 2p coins 9.30am BST Here is our full story on Intu: Related: Shopping centre firm Intu warns of big drop in rental income9.29am BST Intu, owner Manchester’s Trafford Centre and Lakeside in Essex, is the latest company to warn on t
  
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• Pound LIVE: GBP Sterling SOARS against euro after Brexit BACKLASH in local election polls

  03-05-2019 10:20 via feedproxy.google.com
  THE pound is rising against the euro and US dollar this afternoon as local election results suggest both the Conservatives and Labour have suffered huge losses.
  
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• Shopping centre firm Intu warns of big drop in rental income

  03-05-2019 09:34 via theguardian.com
  Company did not factor in store closures by Debenhams and Arcadia in previous forecastsThe shopping centre landlord Intu has warned of a bigger drop in rental income this year as struggling retailers shut shops at a faster rate than expected.The Trafford Centre owner said Brexit uncertainties were also having an impact on letting demand and that it would suffer from a further rise in company voluntary arrangements (CVA) – an insolvency process used by struggling firms to shut underperformi
  
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• No access point to getting a UPS receipt for my Dell laptop

  03-05-2019 08:00
  I had to send it back for repair but how can I prove I dropped it off?I had to send my laptop to the Dell repair centre in Germany. Dell sent me a prepaid postage label and instructed me to take it to a UPS drop-off point. I did so, but UPS could not provide a receipt so I did not risk sending it.Dell has since confirmed in emails that not all UPS access points provide proof of drop-off but that parcels can be tracked online. Tracking a parcel once it is under way is not a substitute for a recei
  
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• 'It's because we were union members': Boeing fires workers who organized

  03-05-2019 08:00 via theguardian.com
  Workers terminated by the aircraft maker in South Carolina see their dismissals as part of efforts to stifle a nascent unionRichard Mester worked for Boeing in South Carolina as a flight safety inspector for five years before being suddenly fired – along with two other employees – in November 2018 for allegedly failing to report a bird strike. However, the bad news also came shortly after the company was told Mester had been elected a union steward.“I have 30 years’ exper
  
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• Houses out of the ordinary – in pictures

  03-05-2019 08:00
  If you like quirkiness or interesting period structures, here are some homes from the Scottish Borders to Bath Continue reading...
  
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• Ineos may have to disclose secret details of £2.6bn Antwerp project

  03-05-2019 07:00 via theguardian.com
  Ruling should clarify impact on environment of chemicals plants backed by Jim RatcliffeBritain’s richest man, Sir Jim Ratcliffe, and his chemicals company Ineos are facing a backlash over plans to build two chemical plants in Antwerp after a Flanders transparency watchdog ruled that key documents may have to be disclosed.The Brexit-backing billionaire announced in January that Ineos would invest €3bn (£2.6bn) in two plants at the port of Antwerp. Ratcliffe, the founder and chief
  
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• Crossrail delays caused by desire to cling to ‘unrealistic’ timeframe

  03-05-2019 07:00 via theguardian.com
  Team made choices that damaged public value, says National Audit Office reportCrossrail was driven over its budget and schedule because its management team clung to an unrealistic opening date, according to a National Audit Office report into the delayed transport project.The NAO said that although problems had emerged as early as 2015, Crossrail did not take opportunities to change approach nor produce a sufficiently detailed delivery plan to track its progress. Continue reading...
  
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• The demise of the middle classes is toxifying British politics | Larry Elliott

  03-05-2019 06:59 via theguardian.com
  As the rewards of the digital age are hoarded at the top, automation and flexible working are hollowing out the rest of the economy
  Back when he was leader of the Labour party, Ed Miliband came up with a phrase to describe those who, while not exactly poor, were finding life tougher than it used to be. The “squeezed middle” summed up Britain in the years after the financial crisis: the stagnant wages, the falling living standards, the spending cuts that were starting to bite.Phrases
  
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• No change for coins as government commits to keeping 1p and 2p

  03-05-2019 01:01
  Ministers had wanted to scrap lesser-used coins and £50 note but faced huge backlashBritain’s 1p and 2p coins and £50 notes are no longer under threat after the government committed indefinitely to not changing the types of cash in use.Ministers had been considering scrapping the lesser-used 1p and 2p coins, together with £50 notes, but Philip Hammond confirmed on Friday that he has backed down after a backlash against the proposal when it was floated a year ago. Continue
  
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