Financial news

• AstraZeneca’s numbers are good but trouble in China could drag it down | Nils Pratley

  12-11-2024 20:08
  
  Profits beat forecasts but a 17% fall in share price since executives were detained by Beijing may be hard to shakeIn the world of two weeks ago, AstraZeneca’s share price probably would have enjoyed a strong day on the release of Tuesday’s third-quarter numbers. The profit figure beat forecasts and the UK pharmaceutical company raised its guidance for growth in full-year revenues and earnings from “mid-teens” to “high teens”.Meanwhile, Pascal Soriot, the chie
  
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• Couple sues house seller for £36m over ‘moth-infested’ London mansion

  12-11-2024 19:48 via theguardian.com
  
  Georgian billionaire’s daughter and her husband say Notting Hill home has ‘vermin infestation’The daughter of a Georgian billionaire and her husband are suing for more than £36m after claiming the London mansion they bought was “infested with millions of moths”, the high court heard.Iya Patarkatsishvili and Dr Yevhen Hunyak bought the early Victorian seven-bedroom Notting Hill home in west London – with pool, spa, gym, wine room, library, cinema, and a &
  
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• Starmer confirms that the UK has committed to an 81% cut to emissions by 2035 – video

  12-11-2024 17:23
  
  Keir Starmer has confirmed that the UK has committed to an 81% cut to emissions by 2035. The prime minister also said the British government was due to launch the CIF Capital Markets Mechanism, a climate finance scheme, on the London Stock Exchange to help developing countriesUK has ‘huge opportunity’ to lead on green investment, Starmer saysCop29 – live updates Continue reading...
  
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• Curzon Cinemas has been sold for a ‘bargain’ £3.9m – is this good news for UK filmgoers? | Peter Bradshaw

  12-11-2024 17:05 via theguardian.com
  
  The British arthouse cinema chain has changed hands. Its new American owners would be wise to ignore industry gloom and invest in discerning movie audiencesWho wants to buy an arthouse cinema chain? That question may seem unexpected now that being depressed about post-pandemic filmgoing appears to be the industry’s default position. But the sale of the Curzon cinema group to New York investment company Fortress – part of a foreclosure auction of assets belonging to current American o
  
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• Food price inflation rises again as Britons rush to supermarkets in Christmas countdown

  12-11-2024 16:33 via express.co.uk
  
  October marked the "biggest" sales month for supermarkets in the UK so far despite food price hikes.
  
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• Thousands of ‘overlooked’ Brits urged to claim new £150 energy payment - check eligibility

  12-11-2024 16:25 via express.co.uk
  
  The energy bill support has been described as a "crucial lifeline" for certain individuals who are often "overlooked".
  
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• Only one man can save us from mad Ed Miliband before he wrecks UK economy

  12-11-2024 16:17 via express.co.uk
  
  Chancellor Rachel Reeves has torpedoed the UK's economic recovery with her tax-and-spend Budget but Ed Miliband is the one who worries me.
  
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• Ex-DWP insider reveals essential tips for PIP and Attendance Allowance claims

  12-11-2024 13:34 via express.co.uk
  
  A DWP employee who has been working in the welfare system for 42 years has shared some key advice for new claims for the likes of PIP and Attendance Allowance
  
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• BBC Morning Live expert gives 'double tax' warning on new Labour pensions raid

  12-11-2024 13:20 via express.co.uk
  
  Finance guru Laura Pomfret explained how changes to inheritance tax in the budget may hit people in a way they hadn't realised
  
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• Mortgage lenders hike rates 'due to rising funding costs' fuelled by Labour Budget

  12-11-2024 12:52 via express.co.uk
  
  HSBC, Santander and TSB Bank have raised mortgage rates for customers this week.
  
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• Brits warned as spreading condition affecting young people earning above minimum wage

  12-11-2024 12:51 via express.co.uk
  
  New research has revealed a growing mental phenomena sweeping the UK, which may only affect those with a certain income
  
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• Signs of cooling UK jobs market could be a headache for Reeves

  12-11-2024 12:47 via theguardian.com
  
  Labour market is in pretty good shape, but all eyes will be on impact of tax rises on employersUK jobs market cools as pay growth slowsFor the past few years only cursory attention has been paid to the UK unemployment figures because the jobless rate has been low and there have been plenty of unfilled vacancies for those seeking work. But, thanks to a slowing economy and decisions made by Rachel Reeves in last month’s budget, that could be about to change.For the next few months, every rel
  
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• Ed Miliband stopped in tracks by Susanna Reid over £300 energy bill promise

  12-11-2024 12:01 via express.co.uk
  
  Secretary of State was questioned on Good Morning Britain over the pledge - with host asking 'how much will it have gone up by then?'
  
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• Labour forgot to close this unbelievable inheritance tax loophole so use it while you can!

  12-11-2024 11:28 via express.co.uk
  
  Inheritance tax bills are set to hit new highs following the Budget but families can move unlimited sums out of HMRC's reach using a loophole Labour missed.
  
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• Our flat’s rising ground rent is going to ruin our move

  12-11-2024 10:00
  
  Our buyer’s lender has pulled out because the charge rises with the property’s rising value. Now the delay risks collapsing the whole chainWe found a buyer for our leasehold flat, but on the day of exchange their lender declined to offer a mortgage, despite having previously agreed in principle. The reason was a provision in the lease for the ground rent, currently £200 per annum, to be amended every 25 years according to the market value of the property. We had no trouble secu
  
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