Financial news

• Fresh land laws are key to ending inequality | Letters

  09-06-2019 19:02
  Rev Paul Nicolson, DBC Reed and Marion Shoard are among several readers responding to George Monbiot’s piece tackling ‘the most neglected issue in British politics’Wealthy and powerful landowners ought to visit homeless hostels in the London borough of Haringey, where single mothers sleep with their children in single rooms, some for two years or more in “temporary” accommodation with no certainty that they or their children will ever own or rent a secure affordable
  
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• Tempted to pray for a less pitiful pension | Brief letters

  09-06-2019 18:50
  Veterans’ pensions | Lord’s Prayer | Sherry refills | Shared birthdays | Mickey MouseIt is not my wish to denigrate the sacrifices made for the nation in the second world war, but if these brave veterans are so valued by the government, why are they among the recipients of the poorest pensions in Europe? Compared to Germany they are insulting.
  Collin Rossini
  Dovercourt, Essex• Rome is merely playing catch-up (Pope approves change to wording of Lord’s Prayer, 7 June). In bo
  
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• Woodford's demise illustrates the value of capital controls | Larry Elliott

  09-06-2019 13:58
  Crises may be a sign of panic, but as 2008 showed, the unthinkable can become the doableNeil Woodford was once the man with the Midas touch, the darling of the investor community. His record of picking winners was such that money flowed like torrents into his funds.As time went by, picking winners became more difficult and some of Woodford’s growth stocks turned out to be duds. A few eyebrows were raised. Eventually, as investors started to contemplate big losses, many of them asked for th
  
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• New rules give households right to sell solar power back to energy firms

  09-06-2019 10:00
  Government also wants to encourage people with rooftop panels to install batteriesBritain’s biggest energy companies will have to buy renewable energy from their own customers under new laws to be introduced this week.Homeowners who install new rooftop solar panels from 1 January 2020 will be able to lower their bills by selling the energy they do not need to their supplier. Continue reading...
  
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• Flight shaming is taking off – can travel be more ethical?

  09-06-2019 09:00
  Campaigners want us to take fewer flights, but ditching the plane for a train is easier said than doneWhen 16-year-old climate change activist Greta Thunberg arrived in London as part of her awareness tour in April, the way she travelled was part of her message. After leaving her home in Stockholm, she went to Strasbourg and then Rome before going to the UK, all by train.The journey was part of the flygskam, or “flight-shaming”, movement, which encourages the feeling of being embarra
  
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• Philip Green chucking money around? Has to be part of a cunning plan

  09-06-2019 08:00 via theguardian.com
  The £9.5m deal with Arcadia landlords will work in the Green family’s favour if it allows them to put a lid on pensions liabilitySir Philip Green does blink, after all. Last Friday, he reached into his wallet – or, rather Lady Green’s – and agreed to give Arcadia’s revolting landlords another £9.5m a year in rent. The sum is not a hand-out, obviously. The Greens still want lower rents on 194 of their shops. The £9.5m merely represents the differenc
  
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• How hackers can permanently lock you out of your accounts | Dylan Curran

  09-06-2019 08:00
  Some hackers use malicious code, but most just hide in plain sight. It can be devastatingly effective
  When their computer or social media account is hijacked by an unknown entity, most people probably picture something like this: a faceless man hunched over a sleek laptop in an abandoned building, eyes darting to and fro, hands dancing across a mechanical keyboard. Green ciphers wash down his screen faster than the eye can track until … ping! your face pops up on the screen. He just crack
  
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• May I have a word about… the brave new world of banking and fintech | Jonathan Bouquet

  09-06-2019 07:00
  Long gone are the days when bankers’ communiques were short and to the point…In olden days, communication from the bank was often along the lines of: “Dear sir, I’m more than distressed by the state of your current account. Could we please revert to the situation whereby you bank with us, rather than vice versa?”Nothing so simple in the complex world of banking and fintech. Consider the following from Andrew Beatty, senior vice president of global banking at FIS: &
  
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• State Pension frozen overseas: WW2 veteran, 94, vows never 'to give up the fight'

  09-06-2019 05:01 via feedproxy.google.com
  STATE pensioner Anne Puckridge, 94, is a World War Two veteran, who has spent much of her later years campaigning against frozen state pensions. She’s now vowed to “not give up the fight” in her efforts.
  
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