Financial news

• Two-fifths of Premier League clubs yet to file as accounts deadline looms

  29-03-2024 17:15
  
  Delay exposes clubs to accusations of lack of transparency at time of increased scrutiny of financesTwo-fifths of Premier League football clubs have yet to make their latest accounts publicly available, as Sunday’s deadline for most official filings approaches.The gaps in up-to-date public information comes at a time when the finances of England’s top flight are under increasing scrutiny, especially over concerns about potential breaches of financial fair play (FFP) rules. Continue r
  
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• HMRC plans one huge rule change as state pensioners told 'check now'

  29-03-2024 17:01 via express.co.uk
  
  The Finance Bill, which was approved in February, scraps the lifetime allowance, which makes the first £1,073,100 in pension savings entirely tax-free.
  
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• Nearly 1,000 pharmacies in England closed since 2017, with poorer areas more affected

  29-03-2024 16:00
  
  Exclusive: Millions more GP appointments potentially created as a result of closuresAlmost 1,000 pharmacies in England have closed since 2017, potentially leading to millions of extra GP appointments, the Guardian can exclusively reveal.There are more than 11,000 pharmacies in England. Guardian analysis of the official register of these chemists has found that parts of the country have lost more than one in five pharmacies in the last six years, with poorer areas experiencing proportionally more
  
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• Huawei shrugs off US sanctions with fastest growth in four years

  29-03-2024 15:17
  
  Revenue at Chinese telecom rose 10% as net profit more than doublesChinese telecoms firm Huawei grew faster in 2023 than it has for four years, as it shrugged off the impact of US sanctions.Revenues rose by nearly 10% to 704.2bn yuan (£77bn) as the Shenzhen-based company enjoyed a rebound within its consumer segment, which includes smartphone handsets. Continue reading...
  
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• Louis Gossett Jr dies: First Black man to win Oscar for Best Supporting Actor was 87

  29-03-2024 14:58 via express.co.uk
  
  Louis Gossett Jr has tragically died in California as his nephew broke the devastating news.
  
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• Post Office had flawed court defence, leaked internal report shows

  29-03-2024 14:14
  
  Company spent £100m defending lawsuit brought by branch operators despite knowing Horizon IT problems, document saysThe Post Office continued to fight a high court lawsuit against 555 post office operators knowing its defence was flawed, according to a report.The state-owned company spent £100m defending a civil lawsuit brought by post office operators over the Horizon computer system but knew that losses in a branch’s accounts could be caused by faults in the IT system, accord
  
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• Video game firms found to have broken own UK industry rules on loot boxes

  29-03-2024 13:51
  
  Government criticised over decision to let companies self-regulate gambling-style features after expert finds numerous breachesThe UK government’s decision to let technology companies self-regulate gambling-style loot boxes in video games has been called into question, after some of the developers put in charge of new industry guidelines broke their own rules.In the past six months, the advertising regulator has upheld complaints against three companies involved in drawing up industry rule
  
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• A nimble New York grocery store follows Latino immigration to the south

  29-03-2024 13:00
  
  It started with a single Dominican bodega worker. Now his family’s chain, Compare Foods, has found a sweet spot in the sun belt’s changing demographicsIván Almonte has been in the US for almost 25 years years, but he still takes photos of the perfect produce – bouquets of epazote, mountains of chiles and perfectly ripe tunas from the prickly pear cactus – in his favorite Durham, North Carolina, grocery store.The 45-year-old remembers when those items were hard to f
  
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• Liz Truss's mini-Budget 'caused surprise boom in lipstick sales'

  29-03-2024 12:43 via express.co.uk
  
  Liz Truss's economic 'big bang' may have spooked financial markets, but it also appears to have boosted lipstick sales, global payments service Klarna says.
  
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• Top five tips from financial expert to 'reboot' your finances ahead of tax year end

  29-03-2024 12:16 via express.co.uk
  
  Brian Byrnes has urged Brits to review their 2024 financial goals - and make sure they are using the best accounts to protect their savings from the tax man.
  
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• Rust to riches? Ohio city’s fortunes set to rise with flying taxi startup

  29-03-2024 12:00
  
  ‘Uber of the skies’ Joby Aviation will build its fleet of aircraft at a $500m facility in Dayton and plans to employ 2,000 peopleFor a decade, Dayton in south-west Ohio has fought to shed its rust belt past. New apartment blocks, hotels and breweries have cut into a landscape dominated by derelict warehouses and general industrial decline. But today, that transformation is shifting gears and taking to the skies.A town that 120 years ago produced the pioneers of human flight the Wrigh
  
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• When interest rates could finally come down to lift burden on mortgage holders

  29-03-2024 11:00 via express.co.uk
  
  The Bank's governor, Andrew Bailey, and the Monetary Police Committee decided to hold the base rate at 5.25 per cent at their latest meeting.
  
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• TSB explains pros and cons of ISA types to help Britons plan for different savings goals

  29-03-2024 10:00 via express.co.uk
  
  Choosing the right Cash ISA also means considering the possibility of the first Base Rate drop since March 2020, TSB said.
  
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• The six rules Gen Z shoppers should follow as survey finds average debt exceeds £5,000

  29-03-2024 09:00 via express.co.uk
  
  Gen Z adults are putting their finances at risk with their buy now pay later lifestyle.
  
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• Mega, extra chunky and luxurious: how Easter eggs roll in 2024

  29-03-2024 09:00
  
  Analysts say fastest growing part of market is for ‘talking point’ eggs, with some clocking in at 1kgAt Easter, people used to get excited if theirs came with a mug and a bag of sweets but those days are over, with social media stoking demand for talking point “mega eggs” in fancy shapes and exotic flavours.The choice is no longer just about the type: think “blonde”, “strawberry-white” or “pistachio” flavour chocolate not bog-standard m
  
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• City boltholes for sale – in pictures

  29-03-2024 09:00
  
  From a flat on the doorstep of culture in Bath, to a landmark converted polytechnic in London Continue reading...
  
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• Inside the battle for ‘trophy asset’ the Telegraph – and for the soul of Tory Britain

  29-03-2024 08:00
  
  Traditional affinity between Conservatives and the newspaper has given way to a complex, splintered drama, and the attempted acquisition by Gulf-backed RedBird IMI lies in limboWith the Conservative party trailing Labour by nearly 20 points in the polls, it needs all the help it can get if it is going to have a fighting chance at the next election.So Downing Street strategists privately wonder why the Daily Telegraph – arguably the UK’s most staunchly rightwing paper – is not b
  
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• Britain's top 10 hard-up towns where workers are scrambling for second jobs - full list

  29-03-2024 08:00 via express.co.uk
  
  A study has identified those areas where people are most likely to do a Google search related to second job opportunities.
  
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• Tory MP faces lobbying questions over Treasury committee role

  29-03-2024 07:00
  
  Co-owner of investment management firm called for ‘urgent’ post-Brexit changes to City rules at committee meetingsA senior Tory MP is facing questions over whether he used his Commons Treasury committee role to lobby for post-Brexit changes to City rules, which stand to benefit the industry where he has a second job.John Baron, who in addition to his role as an MP is co-owner and chief investment officer of Baron and Grant Investment Management, used at least three meetings of the in
  
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• Power grab: the hidden costs of Ireland’s datacentre boom – podcast

  29-03-2024 06:00
  
  Datacentres are part of Ireland’s vision of itself as a tech hub. There are now more than 80, using vast amounts of electricity. Have we entrusted our memories to a system that might destroy them? By Jessica Traynor Continue reading...
  
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• Brits with smart meters 'set to pay higher bills at busiest times of day' under new plans

  29-03-2024 06:00 via express.co.uk
  
  Ofgem said the proposed dynamic pricing could be affected by the weather and how much power is produced by renewable sources of electricity.
  
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