Financial news

• Barclays causes outcry by scrapping free post office cash withdrawals

  08-10-2019 17:08
  ‘Shocking’ decision shows how easily people could lose access to cash, says Which?A decision by Barclays to pull out of an agreement allowing bank customers to withdraw cash from post offices for free has been criticised as “shocking”.The bank is the only one to scrap over-the-counter cash withdrawals at Post Office branches, with 28 other UK banks signing up to a new deal that means millions of people can continue to benefit from free access to everyday banking services.
  
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• Pound latest: Sterling slumps as Merkel tells Johnson Brexit deal ‘virtually impossible’

  08-10-2019 15:39 via feedproxy.google.com
  THE POUND has plunged to a one-month low after Boris Johnson’s Brexit deal was dealt a hammer blow when German Chancellor Angela Merkel said a deal between the UK and EU is “essentially impossible, not just now but for ever”.
  
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• Manchester to consult on bringing buses under public control

  08-10-2019 14:56
  Plans prompt warning from bus operator that local taxpayers face ‘massive bill’Proposals to bring buses in Manchester under public control will be put out for consultation next week, prompting a warning from one of the biggest operators that it would mean a “massive bill” for local taxpayers.Greater Manchester combined authority (GMCA) has given the go-ahead for a three-month public consultation that could result in the city region implementing a London-style franchising
  
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• Deutsche Bank crisis: 9,000 jobs to go in Germany and 9,000 across globe

  08-10-2019 14:52 via feedproxy.google.com
  DEUTSCHE BANK is to make half of its planned 18,000 job cuts in Germany, insiders have said.
  
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• Boris Johnson urged to tear up tax code by IPSE chief: 'It's unsustainable!'

  08-10-2019 11:03 via feedproxy.google.com
  BRITAIN has one of the largest and oldest tax codes in the world and it is time for Boris Johnson's Government to tear it up, revise it and start again, the CEO of the Association of Independent Professionals and the Self-Employed claimed at an event attended by Express.co.uk.
  
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• Could you work beyond state pension age? Where people work beyond age 65 across world

  08-10-2019 11:01 via feedproxy.google.com
  STATE PENSION age is the age at which eligible people can claim their UK state pension. However, that’s not to say that they can’t continue working. Statistics show how many people aged 65 to 69 are still working, in selected countries.
  
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• Can Premium Bonds be bought as a gift? How rules have changed about buying for children

  08-10-2019 09:01 via feedproxy.google.com
  PREMIUM BONDS may be something some savers choose to buy, in the hopes of potentially being selected for a prize in the monthly prize draw. Can Premium Bonds be bought as a gift?
  
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• Online, no one knows you're poor

  08-10-2019 09:00 via theguardian.com
  Shauna M Ahern used to make her living by writing a food blog. But when times got tough, she realised keeping up appearances can make you lose sight of life’s meaningI arrive at six in the morning, two hours before the store opens. Awaiting me is an aisle of boxes, stacked up. One last sip of my coffee, then I put on my gloves and take a big breath. Time to go in.I lug boxes, slash open tops with my cutter, put new packages of whole‑grain seeded bread, naan and seasonal sugar cookies
  
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• Why can’t HSBC help me unlock my John Lewis credit card account?

  08-10-2019 08:00 via theguardian.com
  I’ve phoned the bank three times, but I haven’t been able to geet in since a security updateCan you help me, and countless other John Lewis credit card customers who are locked out of their online accounts?HSBC, which manages the card, recently updated its online security resulting in me being unable to access my account ever since. Continue reading...
  
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• The last laugh: behind the multimillion-dollar deals to buy old sitcoms

  08-10-2019 08:00 via theguardian.com
  Seinfeld, Friends, The Office – with an ever-increasing wave of new content, why are TV streamers paying hundreds of millions for classic comedies?It’s the the fall of 1998. Netflix has launched with 30 employees and 925 DVD titles available to rent. Amazon has just announced its intention to expand beyond selling books online. And Seinfeld, the hugely popular sitcom about daily life in New York City, has wrapped its ninth and final season on NBC. Related: Could it BE any funnier? Th
  
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• How probate fee changes could see you pay thousands more - on top of any Inheritance Tax

  08-10-2019 05:01 via feedproxy.google.com
  PROBATE fees: To apply for probate, a person will need to pay an application fee. This is currently a flat-rate, however the government has proposed changing the system to a sliding scale.
  
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• US blacklists 28 Chinese companies and government agencies over Uighur repression

  08-10-2019 02:09 via theguardian.com
  Xinjiang Police College and video surveillance company Hikvision among those blacklisted for implications in human rights violationsThe US Commerce Department said on Monday it was putting 28 Chinese public security bureaus and companies – including video surveillance company Hikvision – on a US trade blacklist over Beijing’s treatment of Uighur Muslims and other predominantly Muslim ethnic minorities.Those added to the so-called “Entity List” include the Xinjiang U
  
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• No-deal Brexit would 'push national debt to levels last seen in 60s'

  08-10-2019 01:01 via theguardian.com
  IFS says public borrowing will more than double next year whatever the Brexit resultEmergency tax cuts and higher public spending to offset the impact of a no-deal Brexit would send government debt to its highest level in more than half a century, according to Britain’s leading experts on the public finances.The Institute for Fiscal Studies (IFS) said the scale of the government response required to firefight a flatlining economy in the event of a disorderly departure from the EU would com
  
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