Financial news

• Pound euro exchange rate: GPB/EUR steady as October’s German consumer confidence improves

  26-09-2019 17:32 via feedproxy.google.com
  The pound euro exchange rate steadied today, with the pairing currently trading around €1.121 after October’s German GfK consumer confidence index unexpectedly rose from 9.7 to 9.9, buoying optimism in an otherwise struggling economy.
  
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• Universal Credit: Who is eligible? How Pension Credit rule change affected some couples

  26-09-2019 16:30 via feedproxy.google.com
  UNIVERSAL CREDIT may be claimed by a person who is eligible in order to help with their living costs. Who is entitled to the benefit payment and how has a change in Pension Credit rules affected some people who have not yet reached state pension age?
  
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• Mortgage rates: How millions of borrowers could save £4,500 per year - can you cut costs?

  26-09-2019 16:30 via feedproxy.google.com
  MORTGAGES can be the key to becoming the owner of a home. However, homeowners who lapse onto their lender’s Standard Variate Rate mortgage are said to be facing the “ultimate loyalty penalty” - with the additional costs wracking up into the thousands each year.
  
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• Number of bank transfer scams in UK rises by 40% in a year

  26-09-2019 16:24
  Authorised push payment used to steal £616m during first six months of 2019 The amount of money stolen by criminals through bank transfer scams has risen by 40% in a year and is running at more than £1m a day, according to official UK data.Scammers stole £616m from UK bank customers during the first six months of 2019, according to banking body UK Finance. Of this total, £207.5m was lost to scams in which people were duped into authorising a payment to an account controll
  
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• British Airways owner IAG warns of €215m profit hit after strikes - business live

  26-09-2019 09:20 via theguardian.com
  The City has been rocked by a trio of profit warnings from airline group IAG, publisher Pearson and tobacco firm Imperial Brands Introduction: IAG profits warning Pilots strike cost €137m alreadyGround staff and budget airline problems hit profits too 8.20am BST Educational publisher Pearson’s shares have slumped by almost 15% at the start of trading, after it also warned on profits.“The third quarter has been significantly weaker than we expected in US Higher Education Coursewa
  
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• Windows at our new homes shattered – but the developer won't pay

  26-09-2019 08:01 via theguardian.com
  It says it can no longer be liable for the fault in the glass, even though we can’t afford to fix itThree years ago I bought a home in a Grade II-listed property renovated by developer Urban Splash. Each apartment is a two-storey maisonette with floor-to-ceiling windows. At the time of purchase there were a series of spontaneous window shatterings and an investigation found the cause to be a “material failure of the glass related to the Nickel Sulphide (NiS) Inclusion”.To date,
  
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• Royal Shakespeare Company threatened with boycott over BP sponsor

  26-09-2019 07:00 via theguardian.com
  School climate strike activists call on theatre group to sever ties with oil firmSchool climate protesters who took to the streets in huge numbers across the UK last week are threatening to boycott the Royal Shakespeare Company over its sponsorship deal with BP.In a letter being sent to the RSC on Thursday, a group representing young people in towns and cities across the UK, says it will launch a boycott campaign unless the theatre company severs its ties with big oil. Continue reading...
  
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