Financial news

• Let’s move to Grimsby and Cleethorpes, Lincolnshire: tired but handsome

  21-06-2019 17:30
  Despite being beset by economic and social problems, evidence of the towns’ 19th-century heyday remainsWhat’s going for it? If you want to see why so many people voted (and would still vote) for Brexit, these are the perfect places to start. These conjoined twins have been in a death spiral for decades. The story is depressingly familiar: the sudden removal of a place’s main reason for being, various feeble attempts at sticking-plaster “regeneration” and decades of
  
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• Italy-EU debt row risks boiling over after Conte takes sides with Salvini

  21-06-2019 17:11 via feedproxy.google.com
  ITALY risks further infuriating European Union finance chiefs after Prime Minister Giuseppe Conte said he was in favour of a broad reform that would cut taxes.
  
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• Recession warning: US ‘will plunge into the red next year as global conflicts to worsen’

  21-06-2019 17:00 via feedproxy.google.com
  THE United States could be plunged into recession as soon as next year as global conflicts set a gloomy outlook for the future of the economy, a European investor has warned.
  
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• Germany economy crisis: Merkel economy fresh blow as manufacturing still in the red

  21-06-2019 16:56 via feedproxy.google.com
  GERMANY saw its manufacturing downturn continue into June in the latest worrying sign for the largest economy in Europe.
  
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• Bitcoin barely blinks as world digests Facebook’s crypto launch – ANALYSIS

  21-06-2019 16:07 via feedproxy.google.com
  BITCOIN barely blinked when Facebook announced it would be plotting a course across the often choppy seas of cryptocurrency.
  
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• Like it or not, ‘Generation Snowflake’ has got a raw deal | Keir Milburn

  21-06-2019 15:31
  A study shows that young people are being hamstrung by stagnating wages and expensive housing. No wonder they’re leftwingThe idea of generational conflict has come to prominence in the last few years, but few seem to agree on its shape and causes. Public discussion of young people, for instance, is so contradictory that they can appear to the casual viewer like a kind of Schrödinger generation; simultaneously both Generation Snowflake, the most over-entitled and coddled generation in
  
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• What Universal Credit am I entitled to? Standard allowance and extra payments explained

  21-06-2019 15:00 via feedproxy.google.com
  UNIVERSAL CREDIT may be paid in order to help with a person’s living costs. How much can a person get on Universal Credit?
  
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• Mortgage free: Homeowners reveal simple lifestyle choices which helped to pay off mortgage

  21-06-2019 14:39 via feedproxy.google.com
  MORTGAGES are something many people will apply for during their lifetime, in order to purchase a property. A number of homeowners have now shared their experience of how they paid off their mortgage and became mortgage free.
  
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• What do tax codes mean? THIS code means you may be losing the tax-free Personal Allowance

  21-06-2019 14:38 via feedproxy.google.com
  TAX CODES are used by an employer or pension provider in order to work out how much Income Tax should be taken from the pay or pension payment. One particular tax code may mean an individual is losing their Personal Allowance.
  
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• DWP says reversing 2019 changes to women’s state pension age would cost £15bn this year

  21-06-2019 14:38 via feedproxy.google.com
  STATE PENSION age is rising, with the state pension age for women already having gradually increased from 60 to 65. The Department for Work and Pensions recently released new figures on the estimated cost of reversing these changes.
  
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• Facebook and eBay told to take action over fake reviews

  21-06-2019 14:11
  CMA finds ‘troubling evidence’ of thriving marketplace for misleading online reviewsFacebook and eBay have been ordered to take urgent action to stop fake online reviews that are increasingly being used by companies to deceive customers.The Competition and Markets Authority said it had found “troubling evidence” of a thriving marketplace for fake and misleading online reviews. Continue reading...
  
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• Whole life insurance vs term: What’s the difference between the life insurance policies?

  21-06-2019 14:09 via feedproxy.google.com
  LIFE INSURANCE is something that a person may take out, such as to get a mortgage application, or to give financial support to loved ones after one’s death. How does whole life insurance compare to a term policy?
  
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• Gold prices near six-year high as Fed leaves investors flocking to precious metal

  21-06-2019 13:35 via feedproxy.google.com
  GOLD prices soared to a near-six year high today, carrying on sharp gains recorded after the United States Federal Reserve hinted at an imminent interest rates cut.
  
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• NatWest customers can now open an account without stepping into a bank – by using a SELFIE

  21-06-2019 13:03 via feedproxy.google.com
  NATWEST customers can now open an account with a selfie – removing the need to step foot into a branch.
  
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• Apple recalls 15in MacBook Pro laptops over battery fire risk

  21-06-2019 12:19
  Customers urged to stop using limited number of machines sold between 2015 and 2017Apple is recalling some of its 15in MacBook Pro laptops over a battery fire risk.The company said on Thursday that a limited number of its largest laptop line, sold between September 2015 and February 2017, contained batteries that “may overheat and pose a safety risk”. Continue reading...
  
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• Paper straws won’t save the planet – we need a four-day week | Andre Spicer

  21-06-2019 10:00
  Working less would massively reduce our carbon footprint, and bring many other benefits besidesWhen the Extinction Rebellion protesters took to the streets, I was doubtful about how effective their tactics would be in creating meaningful change. Fortunately, I have been proven wrong. Following their protests, the public now sees the climate crisis as a pressing issue. According to a recent survey, nearly 70% of people in the UK want urgent action on the climate emergency. Many political leaders
  
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• Glass houses for sale – in pictures

  21-06-2019 08:00
  You’ll want to avoid throwing stones at these light-filled properties, from Jersey to Scotland Continue reading...
  
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• 5G finally launches in the UK – but is it really worth it?

  21-06-2019 08:00
  We spent two weeks with a 5G phone to find out if it really lives up to the hypeThe future of mobile phones is finally here. You can go out and buy a 5G phone, and if you happen to be in one of the six cities across the UK in which EE’s 5G network is up and running, you can get the blistering mobile broadband speeds we’ve been promised will revolutionise our mobile lives, again. But should you?I’ve spent the past two weeks equipped with the OnePlus 7 Pro 5G on first-out-of-the-
  
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• Energy consumers face £172m bill for collapse of 11 suppliers

  21-06-2019 01:01
  Warnings that 32,000 households may be targeted by debt collectors Energy consumers will be forced to foot a £172m bill to cover the cost of the collapse of 11 energy suppliers since the start of last year.Citizens Advice said almost 30 million households will need to bail out the bust energy suppliers through their bills, while 32,000 may also be targeted aggressively by debt collectors hired by their administrators. Continue reading...
  
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