Financial news

• Saudi Aramco flotation is a failure before it has even begun | Nils Pratley

  18-11-2019 20:17 via theguardian.com
  
  World’s most profitable company missed all three of its IPO goals and shares have not yet started trading
  By all the main advertised yardsticks of success, the flotation of Saudi Aramco can be called a failure even before the shares have started trading.Once upon a time, the word’s most profitable company was going to be worth $2tn (£1.5tn), the number coveted by the Saudi Arabian crown prince, Mohammed bin Salman. That’s not happening. The official price range for the in
  
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• Pawnbroker H&T halts short-term loans as FCA launches review

  18-11-2019 18:25 via theguardian.com
  
  Shares plunge as company warns it could have to compensate customers
  One of Britain’s biggest pawnbrokers has suspended its unsecured cash loans business and warned that it may have to pay compensation to customers as the City regulator reviews its operations.H&T, which operates 254 pawnshops across the UK, said it is “working closely with the Financial Conduct Authority following a regulatory review of certain aspects and files of its high-cost short-term credit (‘HCSTC&rs
  
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• Pound Euro exchange rate: UK election optimism sparks GBP/EUR gains

  18-11-2019 18:14 via feedproxy.google.com
  
  The pound edged higher against the euro as UK election optimism rose, leaving the pairing trading around €1.172. Sterling was bolstered at the start of the week as Prime Minister Boris Johnson announced that all 635 Conservative Party candidates standing in the general election support his Brexit deal.
  
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• Universal Credit payments may change next month - when will you be paid over Christmas?

  18-11-2019 15:56 via feedproxy.google.com
  
  UNIVERSAL CREDIT is paid on a monthly basis, after the initial payment. The date for when it is paid is changing for some people during December, due to the Christmas holidays.
  
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• State pension age: Could you get extra £4,500 per year? Attendance Allowance explained

  18-11-2019 15:55 via feedproxy.google.com
  
  STATE PENSION age is rising, but it may be that some people who are state pension age or older are able to receive financial support in order to help them to cover extra costs they may face due to a disability.
  
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• Black Friday 2019 warning: Most commonly scammed item revealed - are you at risk of scam?

  18-11-2019 15:55 via feedproxy.google.com
  
  BLACK FRIDAY 2019 falls later this month, with many deals popping up in readiness for the day that’s become famous for its hefty discounts. Ahead of Back Friday, new research has revealed which everyday item was the most commonly scammed Black Friday item last year.
  
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• Help to Buy ISA and Lifetime ISAs: How your savings may see your mortgage rates be reduced

  18-11-2019 15:54 via feedproxy.google.com
  
  HELP to buy a first home is something which many people who are looking to get on the property ladder may hope for. The Help to Buy ISA and Lifetime ISA offers savers a 25 percent government bonus to savings - but how could this affect mortgage rates?
  
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• Boris Johnson tells business leaders Tories will end Brexit uncertainty – video

  18-11-2019 14:56 via theguardian.com
  
  Boris Johnson has told the CBI conference of business leaders that Brexit uncertainty has left the UK economy like a supercar firing on half of its cylinders.Accusing MPs of failing to honour their promise to respect the result of the 2016 vote, Johnson insisted a winter election was the only way to clear the ‘parliamentary blockage’ and end uncertainty for businessesBoris Johnson to shelve planned cut in corporation tax Continue reading...
  
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• What's it like to be mortgage free? Homeowners on what paying off mortgage meant for them

  18-11-2019 08:31 via feedproxy.google.com
  
  MORTGAGES can be what opens the door to becoming a homeowner. Having made a property purchase, many will look to repay their mortgage sooner rather than later. What’s it like to be mortgage free? Some homeowners have shared their experience.
  
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• State pension age? You could get £140 off electricity bill this winter - who qualifies?

  18-11-2019 08:30 via feedproxy.google.com
  
  STATE PENSION claimants may be able to get a discount on their electricity bill during winter 2019 to 2020, thanks to the Warm Home Discount Scheme. Who qualifies for this money off?
  
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• Is this £62 Easirent admin fee the greediest yet?

  18-11-2019 08:00 via theguardian.com
  
  It was charged over supposedly ‘new damage’ – even though I’d taken out extra insuranceI write to alert your readers to the extraordinary behaviour of the car hire firm Easirent’s Dublin airport branch. Having paid £48 for the three-day hire, I was talked into taking out extra insurance which would reduce the damage excess to zero – for which I paid £142. The estate car I had booked was not available so we were upgraded to a seven-seater I was told
  
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• Can we separate out fixtures and fittings with a help-to-buy Isa?

  18-11-2019 08:00 via theguardian.com
  
  We are hoping we can make an offer for the Isa maximum and pay separately for these itemsQ My partner and I both have help-to-buy Isas and live outside of London so the most we’ll be able to spend on a property is £250,000. Property prices around the area we want to buy are very close to the £250,000 limit and often slightly above it.It seems that the help-to-buy Isa guidelines say the £250,000 limit refers to the land but not fixtures and fittings. Does this mean if a pr
  
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• Fall in UK house prices as election keeps homes off the market

  18-11-2019 07:01 via theguardian.com
  
  Number of properties for sale dropped 15% in November – the fastest rate since 2009 The number of properties coming on to the UK housing market is falling at its fastest rate in a decade as next month’s general election deters sellers.Rightmove said the average price tag fell by £3,900 in November – the equivalent of a 1% decline – on the previous month. The property website also reported the number of new listings dropped by nearly 15%, in what was the largest year
  
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