Financial news

• The Guardian view on housing inequality: the young are paying | Editorial

  21-07-2019 19:36
  The promise of a property-owning democracy is laughable when so many millennials cannot afford to buy – and will struggle to rent in old ageThe UK’s dysfunctional housing market – or more accurately, markets – is a problem affecting people of all ages. But the plight of millennials, born between the early 1980s and mid-1990s, deserves special attention. These people, now in their 20s and 30s, are far less likely than previous cohorts to be able to access a socially rented
  
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• Tenants will be given access to rogue landlord database

  21-07-2019 15:02
  Move follows Guardian/ITV News investigation that found contents were to be kept secretCampaigners have welcomed government plans to open up its rogue landlord database to prospective tenants, as part of proposals to give greater protection to renters.A package of reforms published for consultation includes proposals to stop no-fault evictions, which the charity Shelter has described as “far and away the most important thing the government can do” to help renters. Continue reading...
  
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• Regional policy requires rethink as myth of London's productivity debunked | Larry Elliott

  21-07-2019 12:13 via theguardian.com
  Does a doctor in England’s capital really work three times harder than one in Merthyr Tydfil?Britain’s regional divide is well known and well documented. The richer bits of the country tend to be clustered below a line drawn from the Wash to the Severn estuary, while London is so different from everywhere else that it may as well be its own city-state.There is also another divide: between the big cities and the smaller towns. The north-west may be less prosperous than the south-east
  
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• If the economy is so good, why are some truckers doing so poorly?

  21-07-2019 11:00 via theguardian.com
  Is the economy to blame? Sure. But there’s something else behind the trucking industry’s woes: mismanagementTimes are good right? Economic growth is strong. Unemployment is low. Business and consumer confidence remains high. It’s pretty easy to say that most small business owners are doing pretty well this year. Except if you’re in the trucking business.That’s according to a number of recent reports that cover the freight industry. They are not great. Continue readi
  
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• Market Harborough reveals the key to being ‘liveable’: homes we can afford

  21-07-2019 09:00
  East Midlands town is unexpected winner in a search for the best places for affordability and quality of life. Its proud residents explain why they like it“We’ve still got a fishmonger. How many places still have that?” asked Kate Gander, listing the merits of her home, Market Harborough. In fact, she struggled to find anything negative at all to say about the Leicestershire town. “It’s got fantastic railway connections and it’s not too overrun by big business
  
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• Greedy parking enforcement companies are issuing hefty fines to carers and nurses

  21-07-2019 08:59
  Private companies are issuing hefty penalty charge notices – sometimes even in a hospital’s own car parkCommunity nurse Gemma Hayes* was on call and on a tight schedule. She left her car in the residents’ car park of a block where her last patient of the day lived and displayed her professional carer’s badge on the dashboard. When she returned she’d been charged £60.“I was allocated 30 minutes for the call but spent an extra 45 minutes unpaid overtime as
  
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• Margrethe Vestager scares the tech giants. If we leave the EU, we’ll miss her

  21-07-2019 08:00 via theguardian.com
  Trump says the competition commissioner hates the US, but what she really hates is tax avoidanceThe greatest economic threat facing Europe is of falling hopelessly behind the US and China in adopting the next generation of technology. That is the view of many across Europe’s industrial and financial sectors who watch with wonder the proxy battle between the US and Chinese administrations on behalf of their tech giants.Business leaders from Dublin to Warsaw are open-mouthed – not so m
  
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• Do you dream of a shorter working week? Reality might soon catch up... | Sonia Sodha

  21-07-2019 06:59
  More leisure time will remain out of reach for many until their conditions improveSummer holiday season is upon us, and one of the little sun-lounger fantasies I like to indulge, undoubtedly along with millions of others, is the idea of jacking it all in and buying a one-way ticket to somewhere drenched in sunshine all year round but so cheap you can make your savings stretch. Then I get back to the 9-5, and the September drizzle, and file it away until next summer.But what if there’s a bi
  
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