Financial news

• Charity regulator warns Ucas about marketing loans to students

  20-09-2019 19:00 via theguardian.com
  Commission intervenes as Martin Lewis calls on service to stop ‘promoting debt’The Universities and Colleges Admissions Service has been rebuked by the Charity Commission over its role in the marketing of private loans to students and school-leavers, with the regulator warning that Ucas needs to rein in its commercial arm.The commission’s intervention followed direct mail and email marketing sent to students last month by Ucas Media – Ucas’s commercial subsidiary &n
  
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• Let’s move to Buxton, Derbyshire: it’s good for mind, body and soul

  20-09-2019 17:30 via theguardian.com
  After a few years in the doldrums, today’s hankering for wellbeing and hen-do spa parties has put a spring back in its stepWhat’s going for it? One thousand feet up in the clouds (OK, drizzle), with barely a street not at a 45-degree angle, Buxton is a town built like a fitness class. Work that body. It’s been a spot encouraging the restitution of health for centuries. The Romans spotted the Jacuzzi-warm water bubbling out of the hills, awfully good for settling the tum; but it
  
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• When is my state pension due? Simple factor which affects when your payment is made

  20-09-2019 16:01 via feedproxy.google.com
  STATE PENSION payments can be claimed once a person reaches state pension age. The exact payment day will depend on one particular factor.
  
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• Premium Bonds winners: NS&I reveal who scooped the whopping high value prizes in September

  20-09-2019 16:01 via feedproxy.google.com
  PREMIUM BONDS are placed into a monthly draw, with some holders then being selected to take home a huge amount of tax-free cash. Who are the high value winners in September 2019?
  
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• Mortgage free: Couple plan to pay off mortgage in 12 years despite big change in life plan

  20-09-2019 16:00 via feedproxy.google.com
  MORTGAGE repayments can occupy much of a homeowner’s outgoings, and living mortgage free can be something some may seek to do in the future. A couple have shared their experience of paying off their mortgage sooner than expected.
  
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• Inheritance tax payments soar to £5.4billion - three steps every family should take

  20-09-2019 16:00 via feedproxy.google.com
  INHERITANCE TAX receipts received by HM Revenue and Customs have risen to £5.4 billion during 2018 to 2019 new statistics show - an increase of three per cent on 2017 - 2018.
  
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• Thomas Cook: plans made for biggest UK peacetime repatriation

  20-09-2019 15:39 via theguardian.com
  Travel firm holding last-ditch talks to avert bankruptcy that could happen this weekendLatest business news – live updatesThe government and the aviation watchdog are drawing up plans for the biggest UK peacetime repatriation if Thomas Cook collapses, with 150,000 British customers currently on holidays overseas with the travel company.Thomas Cook is holding last-minute talks to stave off a bankruptcy that could happen as soon as this weekend unless it secures £200m in extra funding.
  
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• Fresh blow for Neil Woodford as mattress maker reports losses

  20-09-2019 15:35 via theguardian.com
  Eve Sleep, in which fund manager holds 31% stake, says losses due to competitors cutting pricesNeil Woodford was dealt another blow when a mattress maker backed by the fallen star fund manager warned of worse-than-expected trading for the second time this year and scrapped merger talks with a rival.Eve Sleep, in which Woodford’s fund holds a 31% stake, said business was worse than expected because of low consumer confidence and competitors cutting prices. The company also said it had ended
  
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• Brexit boost: Pound soars to HIGH after Jean-Claude Juncker says ‘we can get deal’

  20-09-2019 15:31 via feedproxy.google.com
  THE POUND has soared to a two-month high after Jean-Claude Juncker said he was positive the UK could reach a Brexit deal with the EU.
  
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• Universal Credit: Charity urges end to five-week wait as it reports food bank demand rises

  20-09-2019 15:03 via feedproxy.google.com
  UNIVERSAL CREDIT: A charity is urging the end to the five-week waiting time for a claimant’s first payment, as it reports an increase in demand at food banks in areas where Universal Credit has been rolled out for at least a year.
  
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• Is Inheritance Tax on a sliding scale? How rates are applied above threshold and on gifts

  20-09-2019 15:02 via feedproxy.google.com
  INHERITANCE TAX is a tax which may be required to be paid on the value of a deceased person’s estate, if it’s greater than a certain threshold. What are Inheritance Tax rates and is Inheritance Tax on a sliding scale?
  
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• New windfarms will not cost billpayers after subsidies hit record low

  20-09-2019 12:34 via theguardian.com
  Cost of supporting offshore turbines drops to less than market price for electricityThe UK’s next wave of offshore windfarms will generate clean electricity at no extra cost to consumers after record low-subsidy deals fell below the market price for the first time.New offshore wind projects will power millions of British homes under “zero-subsidy” support contracts within the next four years, following a record-breaking government subsidy auction. Continue reading...
  
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• Microsoft boss: tech firms must stop 'if it's legal, it's acceptable' approach

  20-09-2019 12:00 via theguardian.com
  Exclusive: Brad Smith says firms must help define and live by standards before they are forced on themTech companies should stop behaving as though everything that is not illegal is acceptable, says Microsoft’s second-in-command. Instead, they should focus on defining – and living by – the standards that they would like to see in regulation, before it gets forced on them anyway.For some of the most potentially dangerous new technologies, such as facial recognition, that could m
  
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• BA reinstates half of flight schedule after pilots cancel strike

  20-09-2019 11:53 via theguardian.com
  British Airways to restore hundreds of flights and rebook thousands of passengersBritish Airways will operate more than half its normal flight schedule next Friday after a strike by pilots was called off.Although BA had stopped selling tickets for 27 September and started cancelling bookings, it will merge some services and operate more than 400 flights on the day. It is also offering to rebook thousands of cancelled passengers. Continue reading...
  
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• Alison Rose to become first female RBS chief executive

  20-09-2019 09:31 via theguardian.com
  Deputy head of retail banking arm will also be first woman to lead one of UK’s big four banksLatest business news – live updatesAlison Rose will be the first woman to lead one of Britain’s biggest banks after Royal Bank of Scotland named her as its new chief executive.RBS ended months of speculation when it confirmed Rose, the favourite for the job, will take over from Ross McEwan on 1 November. Continue reading...
  
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• Help to Buy ISA deadline looms - remember this other date to ensure 25% bonus is claimed

  20-09-2019 08:52 via feedproxy.google.com
  HELP TO BUY ISAS are currently available for new savers to open, however the deadline for doing this is looming. What will happen to savings in a Help to Buy ISA after this date?
  
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• Can state pension be inherited? How state pension works for couples when one partner dies

  20-09-2019 08:23 via feedproxy.google.com
  STATE PENSION payments can be claimed after a person reaches state pension age. Can the state pension be inherited?
  
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• Homes for sale with blue plaques – in pictures

  20-09-2019 08:01 via theguardian.com
  From London to Yorkshire, these historic properties all have illustrious former residents Continue reading...
  
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• 'A strike for the little guy': auto workers hope a deal will change the industry

  20-09-2019 08:00 via theguardian.com
  In their first strike in over a decade, union members are prepared to settle in for the long haul: ‘If we win, everyone wins’“This is a strike for the little guy,” D’Andre Jackson said, as he held a banner that read “UAW ON STRIKE” outside General Motors’ sprawling Flint Metal Center in Michigan.“It’s not just for us, it’s for everyone,” Jackson added. Continue reading...
  
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