Financial news

• Detectorists’ finds rewrite history by unearthing the real story of money | Torsten Bell

  17-08-2024 20:00 via theguardian.com
  
  A study of ancient coins has shifted the focus of Europe’s economic history from the Greeks and Romans to the ArabsDetectorists is great TV. Toby Jones and Mackenzie Crook wander Suffolk’s fields, making the case for all of us to take up metal detecting as they enjoy the (implausibly) sun-soaked hills and discover the occasional Roman coin.It’s a hobby that helps us understand the past, not just enjoy the present. Historians put ancient coins to good use, but economists are alw
  
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• Former Sunak adviser urges Labour to introduce wealth tax on housing

  17-08-2024 12:00 via theguardian.com
  
  The economist behind the Covid furlough scheme has called for ‘unfair’ council tax and stamp duty to be axed in EnglandCouncil tax and stamp duty are “unfair and unpopular” English taxes that should be abolished, says the economist who devised the Covid furlough scheme.Tim Leunig, who has advised a series of cabinet ministers, including Rishi Sunak during his prime ministership, said it was time for a new and radical approach that would axe the two taxes and replace them
  
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• £100 cash and interest-free overdrafts: how to pick a student bank account

  17-08-2024 11:00 via theguardian.com
  
  If you are heading off to university, there are tempting freebies on offer – we examine the best dealsIn the next few weeks, many young people will embark on a relationship that will last for years or maybe even decades, so it’s vital they pick the one that will make them happy and treat them well.This is nothing to do with romantic liaisons – we’re talking about student bank accounts. It’s the time of year when high street banks and building societies attempt to wo
  
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• ‘Kafkaesque’: bank blocks cash transfer, saying it could be an AI scam

  17-08-2024 08:00 via theguardian.com
  
  Starling’s fraud team repeatedly refused to allow UK man to send £12,800 to friend in Austria, then froze accountAn Edinburgh academic has accused Starling bank’s fraud team of behaving like officers in a police state after they repeatedly refused to allow him to send a €15,000 (£12,800) payment to a friend in Austria, then froze his account when he complained about their “absurd demands”.John MacInnes, a professor emeritus of sociology and statistics, sa
  
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• Households could have council tax bill slashed by 100% - who is eligible and how to claim

  17-08-2024 05:00 via express.co.uk
  
  You could be entitled to a reduction on your council tax depending on your income.
  
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• Warning over rise in children on disability benefits in England and Wales

  17-08-2024 01:01 via theguardian.com
  
  Resolution Foundation points to growth in claims for conditions such as autism and says adulthood brings financial cliff edgeChildren in England and Wales aged 15 or 16 are now more likely to be receiving disability benefits than adults in their 20s to 40s, according to research highlighting a sharp increase in claims resulting from conditions such as autism and ADHD.In a new report, the Resolution Foundation thinktank points out that the number of children whose families receive disability livi
  
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• Tesco recalls ‘melt in the middle’ meat-free burgers due to burn risk

  17-08-2024 00:40 via theguardian.com
  People told not to eat burgers whose middles could be too hot and to return them to any Tesco store for refundTesco has recalled its “melt in the middle” meat-free burgers because they might be too hot.The product recall, issued by the supermarket chain, is because of a “burn risk” to customers from the 240g Tesco Plant Chef 2 Meat-Free Burgers with Melting Middle. Continue reading...
  
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