Financial news

• Wrightbus’s collapse is another Brexit blow for Northern Ireland

  28-09-2019 17:52 via theguardian.com
  Bus firm’s woes underline the challenge as region faces up to the threat of no dealWhen Wrightbus decided to buy the old Gallaher’s cigarette factory in Ballymena in 2016, it represented a symbol of hope for County Antrim’s manufacturers: a booming, hi-tech business – most famous for making Boris Johnson’s new London Routemasters – picking up the slack left by the departure of a dying industry. Those hopes proved short-lived: the bus maker announced 1,200 redu
  
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• John McDonnell is right: a service economy needn’t be a servant economy

  28-09-2019 17:00 via theguardian.com
  Plans for a shorter working week – or even for guaranteed employment – can offer a way out of the casualised rat raceBritain’s economy has long since made the shift from manufacturing things to providing services. Now there is a danger that this service economy is becoming a servant economy.That is the view of the economics professor and biographer of John Maynard Keynes, Lord Skidelsky. He worries our attitude to work has hardened to a point where a cadre of managers and profe
  
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• Hubris of a high-flyer: how investors brought WeWork founder down to earth

  28-09-2019 09:00 via theguardian.com
  Adam Neumann’s mission was to ‘elevate the world’s consciousness’. Now the office space provider he started must prove it has a futureAdam Neumann was poised to become one of the world’s richest people this year, crystallising a personal fortune of as much as $14bn (£11.3bn) from the flotation of WeWork, the shared working space company he co-founded with a mission to become “the world’s first physical social network”.But in a bruising fortni
  
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• What's it really like to live on a houseboat?

  28-09-2019 08:01 via theguardian.com
  I’ve seen one for sale, but I’m worried it would be cramped and cold in the winterEvery week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.On my walk to work I have seen a houseboat for sale and I’m wondering if this is the only way I’ll get out of rented accommodation. I’d love to live near water but fear I’ll end up cramped and col
  
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• Thomas Cook: what can we learn about booking holidays?

  28-09-2019 08:01
  What the travel firm’s collapse should teach anyone planning packages, flights or hotelsIn the early hours of Monday morning, with most of its fleet of planes on the ground, the rug was pulled from under Thomas Cook, in the biggest failure of a travel firm in British history. Tens of thousands of holidaymakers have been airlifted home, many after exhausting queues in airports, and with a million more are seeking refunds on future bookings. So what does the debacle tell us about protecting
  
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• Lily Cole calls on UK banks to take climate crisis more seriously

  28-09-2019 08:01 via theguardian.com
  Actor/model latest high-profile name to emerge as a customer of ethical bank TriodosLily Cole has backed calls for UK banks to “radically transform” and take the climate emergency much more seriously.The actor, model and activist is the latest high-profile name to emerge as a customer of the ethical bank Triodos, which has a current account which can be managed online and via a mobile app. Other famous customers include the actors James Norton and Sir Mark Rylance. Continue reading..
  
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• ‘I quit a career in teaching to work for an animal sanctuary’

  28-09-2019 08:01 via theguardian.com
  Kath Bourne, 26, on how she manages to save despite her living costs – and her plans for the futureName: Kath Bourne
  Age: 26
  Income: £24,000
  Occupation: Education officer, animal sanctuaryI recently quit my teaching career to work in education at Goodheart Animal Sanctuaries. I think I underestimated what a career in secondary teaching was like – especially in science. I often felt stressed in the role, and particularly frustrated at myself for not being able to deliver as high
  
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• Five figures that show why you should be worried about pensions

  28-09-2019 08:01 via theguardian.com
  New data suggests many Britons aren’t saving enough to have a comfortable retirementLost in the swamp of dodgy surveys that make up much of the financial PR output is one that found that, for a large part of the population, buying a lottery ticket is their only form of pension “planning”. Auto-enrolment has changed that, with millions more now saving through company schemes. But a slew of figures out this week tell us just how tough the challenges ahead are. Continue reading...
  
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• UK ‘needs billions a year’ to meet 2050 climate targets

  28-09-2019 07:01 via theguardian.com
  Report estimates up to £20bn a year in investment needed to build net-zero carbon economy
  The UK will need investment worth billions of pounds every year to remove enough greenhouse gases from the air to meet its 2050 climate targets, according to a report commissioned by the government.The report, by analysts at Vivid Economics, estimated that the UK would need as much as £20bn a year to remove up to 130m tonnes of carbon dioxide from the air. Continue reading...
  
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• Pension warning: Worrying trick which scammers are using to lure online users into scams

  28-09-2019 05:01 via feedproxy.google.com
  PENSION scams can have a potentially devastating effect for people who end up being tricked into them. A pensions expert has warned about a way in which scammers are enticing members of the public into scams.
  
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