Financial news

• BITCOIN: Is the cryptocurrency stuck in a crypto triangle?

  14-08-2019 18:22 via feedproxy.google.com
  THE seemingly stagnant nature of what many had expected to be bitcoin’s August boom is showing little sign of freeing itself from the vice-like grip of a range that is struggling to elevate itself above $11,600.
  
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• Pound US dollar exchange rate: GBP/USD steady, UK inflation beats Bank of England’s target

  14-08-2019 18:16 via feedproxy.google.com
  THE pound US dollar exchange rate is holding steady, with the pairing fluctuating around $1.205. UK inflation figures for July beat forecasts, rising from 2.0 percent to 2.1 percent – overshooting the Bank of England’s 2 percent target.
  
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• Pound euro exchange rate: Global trade woes put Germany on the path to recession

  14-08-2019 17:55 via feedproxy.google.com
  AT the time of writing, the GBP/EUR exchange rate is trading at €1.078, virtually unchanged from this morning’s opening rate.
  
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• I hate haggling, but everyone's at it. Why can’t people charge an honest price? | Adrian Chiles

  14-08-2019 16:02
  From market stalls to hotels, builders to lawyers, we’re all trying to shaft each other. I blame capitalismI’m in my mum’s country, Croatia, on an island called Murter. It was here, a good 45 years ago, that I was first unsettled by money matters. Back then, it was the Socialist Federal Republic of Yugoslavia. There were market stalls in the village selling old-school tourist tat, carvings, embroidered cloths and so on. I was around seven years old and holding my mum’s ha
  
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• Dow Jones COLLAPSE: Dow Jones to plummet 350 as bond markets flashes a recession warning

  14-08-2019 14:18 via feedproxy.google.com
  DOW JONES futures plummeted more than 300 points on Wednesday as the market flashed a warning signal - indicating a worrying time could be ahead for the US economy.
  
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• House prices in south of England fall for first time since 2009

  14-08-2019 13:27
  Brexit uncertainty takes toll but prices climb slowly in east Midlands and east of EnglandHouse prices have fallen across the south of England for the first time since the last recession in 2009, as Brexit uncertainty holds down the property market.In a sign that falling prices in London are spreading to other regions as the departure date from the EU draws near, the Office for National Statistics said the average cost of a home also fell in the south-east and south-west of England in the year t
  
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• Rail fares to rise by 2.8% in January

  14-08-2019 10:42
  The latest increase will add more than £100 to many annual season ticketsRail fares will rise by 2.8% in January, it has been confirmed, prompting campaigners to demand a fairer formula for increases.The latest rise, set by the July retail price index figure published by the Office for National Statistics on Wednesday morning, will add more than £100 to many annual season tickets, and comes amid warnings that passengers were being priced off the railway. Continue reading...
  
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• Pensions expert urges pension review: 1 in 4 Brits fear they'll DIE before drawing pension

  14-08-2019 09:27 via feedproxy.google.com
  PENSION and financial security concerns for one’s later years have been highlighted in a new UK survey, shared exclusively with Express.co.uk.
  
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• Trouble started when I tried to cancel my Virgin contract

  14-08-2019 08:00
  When I tried to cancel my contract, my internet failed and I was told I had to pay a reconnection feeLast month Virgin Media notified me that my monthly bill would increase yet again, this time by £3.50. This is a 9% rise which meant I could cancel my contract without incurring an early termination fee. When I tried, I was told by several customer service advisers that it was not possible. Eventually, someone admitted it was, and guaranteed that my service would remain for 30 days giving m
  
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• Pound exchange rate: What will happen to the pound as Britain faces Brexit and Boris?

  14-08-2019 07:00 via feedproxy.google.com
  THE POUND hit a 10-year low overnight Sunday into Monday over fears of a no-deal Brexit, but what will happen to the pound as Britain faces Brexit and Boris?
  
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• Britain’s infrastructure is breaking down. And here’s why no one’s fixing it | Aditya Chakrabortty

  14-08-2019 07:00
  There’s no lobby for public assets like the National Grid. That goes too for our libraries, youth clubs, parks and pubsWhole swaths of Britain experience a blackout and the country lights up with fury. Cabinet minsters, the press, members of the public rightly demand answers: why was Newcastle airport plunged into darkness? Who is responsible for rail services being halted for hours? Threats are issued of a whopping fine, an official inquiry, heads rolling. Days of rage for a power cut of
  
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