Financial news

• KFC to hold US trial of vegan ‘chicken’ nuggets

  26-08-2019 20:24
  Fast-food chain picks up on meat-free trend with test product made from plant proteinKFC is to deviate from Colonel Sanders’ original “finger lickin’ good” recipe by offering nuggets made from plants, rather than its traditional chickens.The fast-food chain said it was working with the rapidly growing meat substitute company Beyond Meat on a one-day trial that if successful would lead to plant-based chicken nuggets and wings appearing on its US menu. KFC, which is owned b
  
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• Boris Johnson gives struggling high street fund pre-election boost

  26-08-2019 19:16
  Pot to help UK towns revitalise their centres increased to £1bn after criticism from MPsThe government has increased the pot of cash available to struggling high streets to £1bn, a move that promises to pump extra money into 100 towns including Blackpool, Scarborough and Clacton.Last year the then chancellor, Philip Hammond, announced a £675m fund as part of a wider package of measures designed to tackle the high street crisis that has left one in 10 shops in UK town centres ly
  
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• Greece to lift debt crisis-era restrictions on sending money abroad

  26-08-2019 18:57
  Capital controls imposed on depositors in 2015 will end, says new PM Kyriakos MitsotakisCapital controls imposed on depositors at the height of Greece’s debt crisis are being lifted after four years.The policy change will finally remove restrictions on companies and individuals sending money abroad, which were introduced to prevent bank runs during the 2015 Grexit crisis. Continue reading...
  
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• What Universal Credit am I entitled to? How to work out how much you could claim per month

  26-08-2019 17:51 via feedproxy.google.com
  UNIVERSAL CREDIT is a payment which can be made to those eligible in order to help with their living costs, such as if they are on low income or are out of work. What Universal Credit is a person entitled to?
  
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• What are Inheritance Tax thresholds? Simple way to increase your threshold by £150,000

  26-08-2019 17:51 via feedproxy.google.com
  INHERITANCE TAX is a tax which may be payable on the estate of someone who’s died. What are Inheritance Tax thresholds, and how can one increase theirs?
  
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• State pension overseas: Pensioners issued warning as favourite retirement hotspot revealed

  26-08-2019 17:50 via feedproxy.google.com
  STATE PENSION payments are something which many people will rely on as a form of income once they’ve reached state pension age, but now, some retirees who live overseas are being issued with a word of advice.
  
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• China's yuan hits 11-year low as trade tensions grip markets

  26-08-2019 17:04
  Investors seek safe havens such as US treasuries and gold as US-China standoff continuesThe yuan has fallen to its lowest level in 11 years as the US-China trade war continued to grip markets.The Chinese currency sunk below to 7.1500 a dollar, the lowest rate since February 2008, on Monday after Washington and Beijing confirmed further tit-for-tat tariffs on hundreds of billions of dollars worth of imports. Continue reading...
  
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• Nuclear power plant staff ‘risked state secrets by mining Bitcoin’

  26-08-2019 16:42 via feedproxy.google.com
  STAFF at a Ukrainian nuclear power plant were arrested after allegedly using equipment to mine cryptocurrency – risking sensitive state secrets. Court documents seen by Ukrainian media outlet InternetUA state the unauthorised use of computer equipment connected to the internet could have exposed top-secret intel about the security of the plant.
  
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• Retirement and me: 'She should be retired' How state pension age rise affected one couple

  26-08-2019 15:06 via feedproxy.google.com
  RETIREMENT AND ME is the new weekly series which takes a closer look at how retirees are spending their time and money. This week, one man has revealed the impact that the state pension age for women has had on his and his wife’s later years.
  
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• Germany on brink of recession as business confidence nosedives

  26-08-2019 13:15
  In latest sign Europe’s largest economy is struggling, ifo index falls to lowest level since 2012Germany’s economy is on the brink of recession after business confidence plunged to its lowest level in seven years.The ifo Institute, a Munich-based research group, said: “Worry lines among German business leaders are getting deeper and deeper.” Its monthly confidence index fell to just 94.3 points in August, down from 95.8 in July, the weakest reading since November 2012. Co
  
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• Why central bankers' conventional tools are no longer working

  26-08-2019 08:00
  Tweaking inflation targets is not an adequate response to the challenges facing major economiesThe world’s central bankers and the scholars who follow them are having their annual moment of reflection in Jackson Hole, Wyoming. But the theme of this year’s meeting, “challenges for monetary policy”, may encourage an insular – and dangerous – complacency.Simply put, tweaking inflation targets, communications strategies, or even balance sheets is not an adequate r
  
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• We want to port our mortgage to a cheaper property

  26-08-2019 08:00 via theguardian.com
  I won’t be working as much, so will we end up with cash in our bank if we do this?Q We live in London and want to port our mortgage to a cheaper property. We bought our house for £444,000. The original mortgage was £333,000 and we now owe just under £320,000. If we wanted to buy a house for £400,000 or £385,000, would we actually get cash in the bank when we sell our current house? I won’t be working as much so we’d like more savings in the bank an
  
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• It’s back to the future trying to get my BT broadband to work

  26-08-2019 07:59 via theguardian.com
  Openreach engineers said someone has to cancel for a space to become available ... in LondonI am seemingly stuck in the 1970s – unable to get a working phone line/broadband from BT. When my broadband failed in mid June, Openreach engineers traced the fault to the local cabinet. After a great deal of tooing and froing BT says it can’t be repaired and the cabinet is at 100% capacity and nothing can be done to restore my broadband for a month. It seems the only way I will be connected i
  
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• Airline punctuality at UK airports nosedives, finds Which?

  26-08-2019 01:01 via theguardian.com
  Ryanair and Easyjet delays double in five years, as Stansted named worst airport for takeoff times Airline punctuality at Britain’s airports has plummeted, with the number of hour-long delays on Ryanair and Easyjet flights doubling in the last five years, according to research by Which?.It named Stansted as the UK’s worst airport for delays, with 10% of all flights taking off an hour or more late, while Heathrow was best, at 4%. Ryanair saw the worst deterioration in punctuality of a
  
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