Financial news

• 'We need them': Trump vows to take Panama Canal and Greenland – video report

  07-01-2025 20:33 via theguardian.com
  
  Donald Trump is refusing to rule out using US military force to retake control of the Panama Canal and seize Greenland, citing economic security as a driving factor. The incoming US president explicitly declined to give assurances against using military or economic coercion when pressed about his plans regarding Panama and Greenland. Trump also cited taking control of Canada under 'economic force'. The remarks are likely to set off diplomatic alarm bells around the world as Trump prepares to ret
  
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• Cash makes surprise comeback amid 4.6% annual rise in ATM withdrawals

  07-01-2025 18:59 via theguardian.com
  
  Nationwide say use of coins and paper money is ‘thriving’ with budgeting trends such as ‘cash stuffing’ on the riseThe pandemic was supposed to usher in a cashless society, and many businesses have gone card-only – but Britons are finding it hard to let go of notes and coins.Cash is enjoying an unexpected comeback, reflecting the fact that, for many people, physical money remains the ultimate budgeting tool in tricky financial times. Continue reading...
  
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• Scenes of joy as first international flight since fall of Assad lands at Damascus airport – video

  07-01-2025 18:48 via theguardian.com
  Reunited families hugged and cried as they met for the first time in years. The Qatar Airlines flight arrived from Doha while 145 passengers travelled from Damascus to the United Arab Emirates earlier in the day. Most airlines had stopped international flights to and from Damascus after the Assad regime’s brutal crackdown on civil democracy protests in 2012Syria to resume international flights at Damascus airport Continue reading...
  
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• UK house prices dip for first time since March, says Halifax

  07-01-2025 10:31
  
  Britain’s biggest mortgage lender says say affordability could hamper further rises in the months aheadBusiness live – latest updatesUK house prices fell by 0.2% month on month in December – the first monthly drop since March – according to Britain’s biggest mortgage lender.Data released by Halifax, Britain’s biggest mortgage lender, also showed that the price of the average home climbed by 3.3% last month compared with the same period a year earlier – d
  
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• Questions to ask yourself ... to sort out your finances

  07-01-2025 08:00
  
  Laura Whateley, author of Money: A User’s Guide, offers tips on how to make the most of what you’ve gotPeople who don’t put in the legwork get charged more. Savings accounts often give a better interest rate for the first year, then it drops dramatically, because they want you to just sign up and forget about it. With mobile phones you pay off the handset within a couple of years, but keep paying a higher fee because you haven’t shopped around. Put a note in your calendar
  
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• My identity had been stolen but Three failed to respond

  07-01-2025 08:00
  
  I’ve always had a Vodafone account but a law firm stated I owed money to Three and we are caught in a nightmareA fraudulent phone contract has been taken out in my husband’s name and he is now threatened with court action.At the start of May he received a letter from a law firm stating he owed money for a Three phone contract. He explained that he’d never bought a phone from that company – he has been with Vodafone since 2001. Continue reading...
  
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• Ignore Musk, ignore the critics – you’ll feel the benefit of Labour’s policies in your pocket before long | Polly Toynbee

  07-01-2025 07:00
  
  Despite the doom-mongers, the outlook for the economy, the NHS and vital services is good. Coming months should bear that outLook up, despite the bleak midwinter, the flu crisis and this dismal mood of political cynicism. Despite, too, the daily doom that pumps out of the most hostile media any new government ever faced, savaging whatever Labour does in extravagant language borrowed from Elon Musk. Good grief, the ever-rightward travelling Times just published a leader praising Musk’s wild
  
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• Rural internet deserts in England and Wales to finally get fast broadband

  07-01-2025 01:01
  
  Government announces new contracts to install gigabit level fibre coverage for 131,000 households and businessesThe last corners of England and Wales yet to be covered by a £5bn push to widen fast broadband could finally get access to rapid downloads, streaming and video calls after the government announced £289m in new taxpayer-funded contracts enabling coverage.After some people in broadband blackspots were forced to turn to Elon Musk’s Starlink satellite-enabled internet con
  
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