Financial news

• Labour plans to make 27m homes energy efficient

  02-11-2019 23:30 via theguardian.com
  Warm Homes for All scheme would allow low-income households to apply for grants for renovation, party saysLabour has drawn up plans for what it claims would be the biggest overhaul of housing since the second world war, with a plan to install loft insulation, double glazing and renewable technologies in almost all of the UK’s 27m homes.The party says that the Warm Homes for All scheme will create 450,000 jobs over the next decade. Under the plans, low-income households would be able to app
  
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• Luxury player: why Bernard Arnault is making a blockbuster bid for Tiffany’s

  02-11-2019 17:00 via theguardian.com
  France’s richest man has turned LVMH into a leviathan: this move will be the crowning glory of a calculating careerFrench billionaire businessman Bernard Arnault has been called many things: the Wolf in Cashmere, the Exterminating Angel, Tintin – for his neat, boyish looks – and Lord of the Logos among them. But it is perhaps a building that portrays him better than nicknames.In the woodland of Paris’s Bois de Boulogne, the Louis Vuitton Foundation rises like a displaced
  
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• 'Start off in a friendly manner': how to have the money conversation

  02-11-2019 12:30
  A new openness is changing the way we talk about our finances – from pay discrimination to the rise of the ‘debtstagrammer’One evening, on impulse, Sara Tasker shared her salary in an Instagram caption. “I just thought, I’m going to be honest about this,” she says now. Tasker tapped out the post in her iPhone notes first and, 10 minutes later, found herself pressing share. “I went back in and edited it for five minutes and then sat poised, waiting for th
  
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• State pension age change: 'Ashamed' 50s woman 'humiliated' after using food banks

  02-11-2019 10:01 via feedproxy.google.com
  THE state pension age increase has inspired women to campaign for it to be put back to 60 as one campaigner revealed her “humiliation” and “shame” for having to go to food banks after working her whole life.
  
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• Super-rich prepare to leave UK 'within minutes' if Labour wins election

  02-11-2019 09:00 via theguardian.com
  Wealthy see potential taxes imposed by Jeremy Corbyn as bigger threat than BrexitThe super-rich are preparing to immediately leave the UK if Jeremy Corbyn becomes prime minister, fearing they will lose billions of pounds if the Labour leader does “go after” the wealthy elite with new taxes, possible capital controls and a clampdown on private schools.Lawyers and accountants for the UK’s richest families said they had been deluged with calls from millionaire and billionaire clie
  
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• Why are we being herded into buying part of the world's biggest polluter?

  02-11-2019 08:00
  Pension funds will be stuffed with Saudi Aramco shares after the oil giant’s floatation this weekendOn Sunday, the baroque-and-bling Ritz-Carlton in Riyadh (suites a mere £6,500 a night) is expected to host the launch of the biggest privatisation in history. Aramco, the holder of Saudi Arabia’s oil reserves, is likely to come to the market with a price tag as high as $2 trillion.The kingdom is only selling a small portion of the company, but if it achieves anywhere near that pr
  
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• What temperature should I set my central heating?

  02-11-2019 08:00
  My partner and I argue over whether we should turn it up or just put on another jumperEvery 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.Our annual heating battle has begun. My partner sets the thermostat at 22C. I turn it down to 19C. He says that’s freezing, blames my Scottish upbringing and pumps it back up again. I say put on another jumper (and save mo
  
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• ‘I’m organising assisted dying as I lost my wife to motor neurone disease’

  02-11-2019 08:00
  James Catmur on why he wants to take control if he faces a prolonged death from multiple sclerosisName: James Catmur
  Age: 59
  Job: Risk consultant
  Income: £31,000 (insurance payouts, some earnings and benefits)Watching my wife die from motor neurone disease three years ago has affected the way I look at life. Helen ended up lying in bed and only able to move her right hand and eyes; she spoke by typing into an iPad. She researched assisted dying in Switzerland but it was too late. In the en
  
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• Energy bills: how to save money – and fight the climate crisis

  02-11-2019 08:00
  What can you do to keep warm and protect the environment while also lowering your costs? Cost: £350 or less
  Potential saving: £15-£135 a year, depending on existing insulation level Continue reading...
  
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• After Grenfell, homebuyers told their flats are worthless

  02-11-2019 08:00
  Thousands of property owners in tower blocks are unable to sell or remortgage in the wake of the disasterLucy Stevenson is one of a new breed of “mortgage prisoners” – trapped in an unsaleable home, rejected by lenders when trying to remortgage – because her flat is in a tower block caught up in the fallout from the Grenfell disaster. “I’m trapped... I’ve had to completely change all my plans because of this, and the stress has been unbearable,” sa
  
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• Universal Credit claimants could get payment early this December - will you?

  02-11-2019 05:01 via feedproxy.google.com
  UNIVERSAL CREDIT is paid every month in England and Wales, and for some in Scotland and Northern Ireland. During the Christmas festivities, this December, some people will get their payments earlier than usual.
  
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• How pension contributions could help reduce Income Tax and avoid Child Benefit charge

  02-11-2019 05:01 via feedproxy.google.com
  PENSION contributions are something many people will make, with a vast number of employees now automatically enrolled into a workplace pension. What impact can pension contributions have on Income Tax and the High Income Child Benefit Tax Charge?
  
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• General Election 2019: Simple way voters can supercharge their credit score today

  02-11-2019 05:01 via feedproxy.google.com
  GENERAL ELECTION 2019 is set to take place next month. With the election on the horizon, members of the public could supercharge their credit score - potentially helping their credit applications.
  
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