Financial news

• Hearing Loss: How to buy hearing aids that are right for you

  04-10-2019 20:55 via feedproxy.google.com
  HEARING aids can be tricky and costly, so it is crucial before seeking a consultation you get: an idea what you might want, how they work, what you should expect from a fitting.
  
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• Lone woman pensioner gets deposit back after HEARING AIDS sale confusion

  04-10-2019 20:50 via feedproxy.google.com
  WAS a customer who paid over £2,584 for hearing aids about to lose her deposit after problems with the fit prompted her to send them back?
  
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• Trump promised China US silence on Hong Kong protests during trade talks

  04-10-2019 19:32 via theguardian.com
  US officials banned from supporting pro-democracy protestsCNN reports Trump gave Xi pledge in personal phone callUS officials have been banned from supporting pro-democracy protests in Hong Kong, after Donald Trump reportedly promised the US would stay quiet during trade negotiations. Related: China celebrates 70th anniversary as Xi warns ‘no force can shake great nation’Continue reading...
  
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• Stormy times warning as a major car brand is predicted to fail in next three years

  04-10-2019 18:44 via feedproxy.google.com
  ONE of Europe’s iconic car brands will go out of business in the next three years, according to predictions to a new automotive survey. 
  
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• WHICH? warns of Thomas Cook refunds website SCAM

  04-10-2019 18:19 via feedproxy.google.com
  TRAVELLERS affected by the Thomas Cook collapse should avoid handing over personal details to websites claiming to be Thomas Cook refund services, according to consumer rights campaigner Which?
  
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• BP boss Bob Dudley to step down next year after a decade as CEO

  04-10-2019 17:52 via theguardian.com
  Chief executive lauded for rescuing oil firm from 2010 Deepwater Horizon disasterBP boss Bob Dudley will step down as chief executive almost a decade after steering the oil major back from the brink of collapse following the Deepwater Horizon disaster.The company said Dudley would end his four-decade career at BP early next year and be replaced in February by insider Bernard Looney, 49, currently head of exploration and production. Continue reading...
  
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• Let’s move to Croydon, south London: is Stormzy’s birthplace the Centre of the Universe?

  04-10-2019 17:30 via theguardian.com
  It’s been through countless incarnations, but it could just be its time has comeWhat’s going for it? Croydon’s had more reinventions than Madonna, more facelifts than Joan Rivers, risen from the dead more times than Nosferatu. At various times, it has been market town, saffron supplier, archbishops’ retreat, industrial town, home of London’s first airport (when flying was glam), a mini-Manhattan of towers and flyovers, and a byword for suburban ennui. Now, thanks to
  
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• City equal pay campaigner Helena Morrissey quits Legal & General

  04-10-2019 17:26 via theguardian.com
  Surprise move apparently not linked to speculation over Bank of England roleDame Helena Morrissey, the City fund manager and equal pay and opportunities campaigner who is one of the City’s highest profile women, has quit as the head of Legal & General’s personal investing business, saying she wants to pursue other interests.Morrissey, who established the 30% Club in 2010 to campaign for greater female representation on company boards, is one of the City’s highest profile Br
  
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• National Theatre to end Shell membership from next year

  04-10-2019 16:24 via theguardian.com
  Move comes as opposition grows to fossil fuel firms’ linsk with UK arts bodies
  The National Theatre has announced it will end Shell’s membership from next year, as the arts organisation accelerates plans to make itself carbon neutral in the face of the climate emergency.Shell is listed as one of the theatre’s corporate gold members, with prices for this band of membership starting at £15,000 a year. Its other corporate members include the pharmaceutical giant GlaxoSmithKl
  
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• 4,500 stranded Thomas Cook holidaymakers to arrive home on Friday

  04-10-2019 16:07 via theguardian.com
  EasyJet reveals it is looking to buy out parts of collapsed airline and tour operatorA further 4,500 holidaymakers stranded abroad by the collapse of Thomas Cook were set to arrive home on Friday, as the UK aviation regulator prepares to wind down Britain’s biggest peacetime repatriation mission.The Civil Aviation Authority said more than 90% of the 150,000 holidaymakers abroad at the time of Thomas Cook’s failure have been brought home to the UK under Operation Matterhorn. The airli
  
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• Saving for your grandchild: What is a Junior ISA and can grandparents open an account?

  04-10-2019 16:04 via feedproxy.google.com
  SAVING money for a grandchild is something which many grandparents will look to do, and it can be done in a variety of ways. What is a Junior ISA? Who can set the account up?
  
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• John Lewis to withhold 20% of service fees to some landlords

  04-10-2019 16:03 via theguardian.com
  Retailer tells shopping centre owners their service charge rises are unacceptable
  John Lewis is threatening to withhold up to 20% of the service charges it owes to some of its shopping centre landlords, in protest at “unacceptable” increases in annual service charges over the last few years.Service charge payments cover non-rent items, such as heating, security, maintenance, marketing and staffing. John Lewis, which has about 20 stores in covered shopping centres, said it had resorte
  
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• Pound Euro exchange rate: GBP/EUR slides as Brexit pessimism plagues UK manufacturing

  04-10-2019 15:52 via feedproxy.google.com
  The pound slumped against the euro this afternoon, with the pairing currently trading at around €1.121. Sterling was left under pressure at the top of the week as Brexit pessimism plagued the manufacturing sector, with manufacturing sales plunging at its sharpest pace since 2011.
  
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• Is Google’s supercomputer about to DESTROY Bitcoin?

  04-10-2019 15:39 via feedproxy.google.com
  A quantum supercomputer built by Google could cripple cryptocurrencies like Bitcoin. The tech giant’s new computer is so powerful it is feared it could crack the powerful encryption that makes crypto so secure. Cryptocurrency uses encryption to secure transactions and control the creation of new units.
  
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• Pound US dollar exchange rate steady, UK awaits EU’s verdict on new Brexit plan

  04-10-2019 15:24 via feedproxy.google.com
  The pound US dollar exchange rate held steady at around $1.233 today as Prime Minister Boris Johnson’s Brexit plan met with criticism, with EU officials describing the proposal as not “even remotely” acceptable. Leo Varadkar, Ireland’s Taoiseach, was also critical of the Irish backstop ‘compromise’, saying: “I don’t fully understand how we can have Northern Ireland and the Republic of Ireland in a separate customs unions and somehow avoid there bei
  
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• Global recession fears: £95BILLION wiped off FTSE hitting savers’ pension investments

  04-10-2019 12:48 via feedproxy.google.com
  THE FTSE 100 showed signs of recovery today but is still heading for its worst week in 20 months amid fears of economic slowdown and recession.
  
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• Six million insurance customers are being hit by 'loyalty penalty'

  04-10-2019 09:41 via theguardian.com
  A third of those paying too much are on low income or vulnerable, says watchdogSix million home and motor policyholders are being overcharged around £200 a head every year by insurance firms, according to a damning assessment of the industry by the Financial Conduct Authority.The City regulator found that elderly and low-income people were among the worst hit groups overpaying a combined £1.2bn in annual premiums because insurance firms are not giving good deals to loyal customers. C
  
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• Homes for sale with a mooring – in pictures

  04-10-2019 08:00 via theguardian.com
  From Devon to Cheshire, these waterside properties may well float your boat Continue reading...
  
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• Will London's post-Brexit future be as gloomy as predicted?

  04-10-2019 07:00 via theguardian.com
  The feared large-scale exodus of firms and financiers does not seem to be under wayIt is now well over three years since the UK voted, by a narrow but significant margin, to leave the EU. Yet we still have no idea what kind of economic relationship the UK will have with the 27 countries it leaves behind. (Some of the debate in London recalls in its insularity the apocryphal 1930s headline: “Fog in Channel: continent cut off.”) Insofar as one can hazard a guess, the most likely outcom
  
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• Electric cars: call for tax on road usage to cover lost fuel revenue

  04-10-2019 01:01 via theguardian.com
  IFS warns the switch from fossil fuel to electric will cause tax revenue to drop £28bn Britain should move to a system of road pricing to combat congestion and compensate for the £28bn loss of revenue from fuel duty as the country makes the transition to electric vehicles, the Institute for Fiscal Studies has said.The thinktank said the government’s pledge that the UK would reach zero net emissions by 2050 meant the tax take from petrol and diesel would shrink to nothing over t
  
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