Financial news

• Investors in Kevin McCloud's projects told they face huge losses

  22-08-2019 21:20 via theguardian.com
  Many feel they have been fobbed off by Grand Designs presenter’s promised returnsTV presenter whose design for living turned sourSmall investors who sank millions of pounds into the TV property guru Kevin McCloud’s eco-friendly housing ventures have been told they could face losing up to 97% of their money.For 20 years the star of Channel 4’s Grand Designs has lectured the nation about how to create their dream home – but his own property empire has turned into a nightmar
  
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• Work until 75? Many people won’t even live that long | Frances Ryan

  22-08-2019 09:00 via theguardian.com
  Iain Duncan Smith’s plan to push the pensions burden from the state on to the individual ignores class differences in life expectancyAn influential conservative thinktank – fronted by the former work and pensions secretary, Iain Duncan Smith – has proposed the state pension age should rise to 75 over the next 16 years. If the Centre for Social Justice (CSJ) had its way, the retirement age would go up to 70 just nine years from now, as the change is phased in.It’s importan
  
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• Donald Trump says he is 'the chosen one' to take on China – video

  22-08-2019 08:49
  The US president said his life would be easier if he had not mounted a trade war with China but went on to say ‘I am the chosen one’ to take on Beijing. Donald Trump said the US would probably make a deal with ChinaWith boasts and insults, Trump sets new benchmark for incoherenceContinue reading...
  
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• Tesco promises to ban brands that use excessive packaging

  22-08-2019 07:00 via theguardian.com
  Chief executive says hard-to-recycle plastic on own-brand products will be eliminated‘I want packaging overhaul to plug into a national framework’Tesco has pledged to step up its efforts in the battle against single-use plastic with measures that include banning brands using excessive packaging from Britain’s largest supermarket chain.Dave Lewis, Tesco’s chief executive, said the company would “reserve the right not to list” products with too much non-recyclab
  
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• I want Tesco's packaging overhaul to plug into a new national framework | Dave Lewis

  22-08-2019 07:00 via theguardian.com
  CEO says retailer has recycling targets for itself and its suppliers but wider collaboration is neededTesco promises to ban brands that use excessive packagingIt’s almost two years since the television series Blue Planet II ignited a long overdue debate which captured the nation’s attention, pricked our collective conscience and brought a focus to tackling the problem of plastic. The proliferation of plastic in society remains a challenge, and something everyone involved in the consu
  
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