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Socially Most Trending News

Thames Water has been fined a record £20m after pumping nearly 1.5 billion litres of untreated sewage into the River Thames.The company admitted water pollution and other offences at sewage facilities in Buckinghamshire and Oxfordshire. Fish and birds died following the spills in 2013 and 2014.The ... [Read full article on BBC ]
Wednesday 22nd of March 2017 12:40:05 PM
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A Lithuanian man has been charged with tricking two US technology firms into wiring him $100m (£80.3m) through an email phishing scam.Posing as an Asian-based manufacturer, Evaldas Rimasauskas tricked staff into transferring money into bank accounts under his control, US officials said.The companies were not named ... [Read full article on BBC ]
Wednesday 22nd of March 2017 01:39:49 PM
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Bank customers who pay cheques into their accounts will soon be able to get the money cleared within one working day.At the moment, the process can take up to six days.The organisation that manages the cheque clearing system said the changes would be phased in from ... [Read full article on BBC ]
Wednesday 22nd of March 2017 10:34:53 AM
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Two separate reports for the government have raised the possibility that millions of people may have to work longer to qualify for a state pension.An analysis for the Department for Work and Pensions (DWP) has suggested that workers under the age of 30 may not get ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:05:44 AM
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Thames Water has been hit with a record fine of £20.3m after huge leaks of untreated sewage into the Thames and its tributaries and on to land, including the popular Thames path. The prolonged leaks led to serious impacts on residents, farmers, and wildlife, killing birds ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 11:49:38 AM
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Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget.Several of Heineken’s brands have been absent from Tesco ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:07:10 PM
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Bosses of the UK's 100 biggest firms earn 386 times more than workers on the National Living Wage, a survey found. The Equality Trust charity compared the £5.3m average pay of a FTSE 100 chief executive with the £13,660 earned by someone on the living wage.The ... [Read full article on BBC ]
Wednesday 22nd of March 2017 01:21:15 PM
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Plusnet, an internet service provider owned by BT, has been fined £880,000 for wrongly billing more than 1,000 former customers.An investigation by watchdog Ofcom found that the ISP broke a fundamental billing rule by continuing to charge a group of customers for landline and broadband after ... [Read full article on BBC ]
Wednesday 22nd of March 2017 11:35:44 AM
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The idea of a tax on robots was raised last May in a draft report to the European parliament prepared by MEP Mady Delvaux from the committee on legal affairs. Emphasising how robots could boost inequality, the report proposed that there might be a “need to ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 11:18:12 AM
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Shoe retailer Brantano has gone into administration, putting more than 1,000 jobs at risk. The chain was bought out of administration just over a year ago by a company controlled by turnaround specialists Alteri Investors. Since then Brantano has suffered from the "depressed and competitive" footwear ... [Read full article on BBC ]
Wednesday 22nd of March 2017 04:38:26 PM
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Shops and retailers are taking over where street cameras left off, watching shoppers' every move.According to a 2015 survey of 150 retail executives from IT services firm Computer Services Corporation, a quarter of all British shops and 59% of fashion retailers use facial recognition software.Such technology ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:29:02 AM
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Most of us take democracy for granted, but you would have to think again if you lived in a tax haven. Singapore has had the same party in power since 1959. Jersey, meanwhile, has never had a general election, the members of its parliament (the States) ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:30:42 PM
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The trade benefits of belonging to the European Union have been "largely imaginary", according to the social policy think-tank Civitas.Its analysis argues that exports from non-EU countries to the single market have grown faster than the UK's, since its creation in 1993.That lends weight to the ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:13:02 AM
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Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks' profits.The annual 0.6% charge will take affect from May. UBS already imposes charges for large accounts held in Swiss francs by companies and some wealthy clients.Banks' ... [Read full article on BBC ]
Wednesday 22nd of March 2017 03:27:40 PM
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The number of women working past the age of 70 has doubled in the past four years, according to official figures that also reveal one in seven men are continuing in the workforce into old age, amid growing concerns over the bleak outlook for pensions.Office for ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 01:05:53 PM
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Energy experts have warned the government not to intervene in the market by capping prices. According to five former energy regulators, such a move would have an "adverse effect" on the market and could have "ominous implications".Their intervention comes amid speculation that the government is poised ... [Read full article on BBC ]
Thursday 23rd of March 2017 06:49:47 AM
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Luxury goods group Hermes has reported record profits for 2016, boosted by sales of its handbags.The French company, best known for its £8,000 Birkin bags and £300 silk scarves, posted a 13% rise in profits to 1.1bn euros (£952m).Chief executive Axel Dumas said Hermes did "better ... [Read full article on BBC ]
Wednesday 22nd of March 2017 10:15:28 AM
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A prosecution witness called by the Serious Fraud Office (SFO) as an expert on trading has admitted texting friends in the middle of his trial evidence to ask basic questions.Saul Haydon Rowe texted a friend for help in explaining email evidence he had been asked to ... [Read full article on BBC ]
Wednesday 22nd of March 2017 09:37:35 PM
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The UK government is expected to trigger Article 50 next week, kick-starting the process for Britain to leave the European Union. Export-oriented businesses will face being outside the EU's single market. So how are businesses changing their strategies to cope with Brexit? Cecile Reinaud runs Seraphine, ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:34:34 AM
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More than 1,000 jobs are at risk after shoe retailer Brantano collapsed into administration.The company has suffered from a rise in costs since the post-referendum fall in sterling amid a generally lacklustre UK footwear market.Based in Hinckley, Leicestershire, the chain has 73 stores and 64 concessions ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 05:41:07 PM
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Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned.The independent report said the SPA should rise to 68 ... [Read full article on Guardian ]
Thursday 23rd of March 2017 06:11:18 AM
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Next has reported its first fall in annual profit for eight years and warned of "another tough year ahead".Pre-tax profit at the clothing and homeware retailer dropped 5.5% from £836.1m to £790.2m last year.The firm, which had already warned profits would fall, said it remained "extremely ... [Read full article on BBC ]
Thursday 23rd of March 2017 07:24:09 AM
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Onno Heerma van Voss jokes that he never intended to be a conservationist, but he is helping to save the African elephant.Numbers of elephants in the wild are still falling; it's estimated 100 of them are killed by poachers every day for their tusks to meet ... [Read full article on BBC ]
Thursday 23rd of March 2017 12:22:41 AM
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UK households are the most downbeat about their finances since 2013, as families start to feel the pinch from rising inflation and weak wage growth, according to a new survey.This suggests consumer spending, until now the main driver of UK economic growth, will weaken in coming ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 12:35:41 PM
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Wednesday 22nd of March 2017 10:47:14 AM
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The boss of British Gas’s parent company was handed a pay increase of nearly 40% last year, a raise Labour attacked as “astronomical” and a “kick in the teeth” for millions of families living in fuel poverty.Centrica chief executive Iain Conn’s remuneration jumped from £3.02m in ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:35:51 PM
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Let’s be fair to President Trump: the “worst falls” in stock markets since his election last November require perspective. The Dow Jones Industrial Average, which passed the 20,000 mark only in January, was approaching 21,000 before Tuesday’s decline that continued into Wednesday. The previous pace couldn’t ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 07:28:44 PM
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Plusnet, the BT-owned broadband and landline company, has been fined almost £900,000 by Ofcom for continuing to charge more than 1,000 customers even though they had cancelled their accounts.The telecoms regulator fined Plusnet £880,000 after an investigation found that the BT subsidiary broke a “fundamental billing ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 02:35:18 PM
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Apple is facing scrutiny in New Zealand following reports it paid no tax for at least a decade, despite having logged billions in sales.An investigation by the New Zealand Herald newspaper found Apple's local unit paid about NZ$37m ($3bn; £2bn) in taxes since 2007 in Australia ... [Read full article on BBC ]
Thursday 23rd of March 2017 09:09:46 AM
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Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises.In the most nervous conditions since the immediate aftermath of the president’s shock victory in last November’s ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:21:57 PM
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Latest Financial News

FTSE 100 dips despite boost from Next image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:31:43 AM
London's benchmark share index opened lower, despite shares in Next rising following its latest results The FTSE 100 index was down 9.99 points at 7,314.73 in early trade.Next shares rose nearly 6% despite the retailer reporting its first fall in annual profits for eight years, with ...
Apple 'paid no tax' in New Zealand for at least a decade image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:09:46 AM
Apple is facing scrutiny in New Zealand following reports it paid no tax for at least a decade, despite having logged billions in sales.An investigation by the New Zealand Herald newspaper found Apple's local unit paid about NZ$37m ($3bn; £2bn) in taxes since 2007 in Australia ...
Next warns of price rises as profits fall for first time in eight years image
Source : Guardian [Read Article] Thursday 23rd of March 2017 08:58:32 AM
Next has warned consumers they face price rises of up to 5% in the coming months due to the weak pound, as it reported its first drop in annual profits in eight years and forecast another “tough” year ahead.The clothing retailer posted a 5.5% fall in ...
Markets pause ahead of crucial US healthcare vote - business live image
Source : Guardian [Read Article] Thursday 23rd of March 2017 08:18:40 AM
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Next sees first annual profit fall in eight years image
Source : BBC [Read Article] Thursday 23rd of March 2017 07:24:09 AM
Next has reported its first fall in annual profit for eight years and warned of "another tough year ahead".Pre-tax profit at the clothing and homeware retailer dropped 5.5% from £836.1m to £790.2m last year.The firm, which had already warned profits would fall, said it remained "extremely ...
Opodo charges for its own mistakes image
Source : Guardian [Read Article] Thursday 23rd of March 2017 07:00:05 AM
Opodo, the online travel agency, is a familiar name in my inbox, but the complaints this past month are striking in their similarity.Customers who booked flights via the website have found that their surname has been entered twice on the confirmation, and Opodo wants a hefty ...
Do I need to fill out a tax return if I buy to let without a mortgage? image
Source : Guardian [Read Article] Thursday 23rd of March 2017 07:00:05 AM
Q I have a query regarding home-owning and was hoping you could help. I have rented for my whole life and have never taken out a mortgage or owned a home. I am required to stay in my rented house for my job. However, I am ...
Energy price cap implications ominous, former regulators say image
Source : BBC [Read Article] Thursday 23rd of March 2017 06:49:47 AM
Energy experts have warned the government not to intervene in the market by capping prices. According to five former energy regulators, such a move would have an "adverse effect" on the market and could have "ominous implications".Their intervention comes amid speculation that the government is poised ...
State pension age must rise again, says report image
Source : Guardian [Read Article] Thursday 23rd of March 2017 06:11:18 AM
Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned.The independent report said the SPA should rise to 68 ...
'I am very confident we can find a good trade deal' image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:34:34 AM
The UK government is expected to trigger Article 50 next week, kick-starting the process for Britain to leave the European Union. Export-oriented businesses will face being outside the EU's single market. So how are businesses changing their strategies to cope with Brexit? Cecile Reinaud runs Seraphine, ...
Related to :
Urban spies image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:29:02 AM
Shops and retailers are taking over where street cameras left off, watching shoppers' every move.According to a 2015 survey of 150 retail executives from IT services firm Computer Services Corporation, a quarter of all British shops and 59% of fashion retailers use facial recognition software.Such technology ...
‘Vegetable ivory’ image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:22:41 AM
Onno Heerma van Voss jokes that he never intended to be a conservationist, but he is helping to save the African elephant.Numbers of elephants in the wild are still falling; it's estimated 100 of them are killed by poachers every day for their tusks to meet ...
Brexit vote: Single market benefit 'largely imaginary' image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:13:02 AM
The trade benefits of belonging to the European Union have been "largely imaginary", according to the social policy think-tank Civitas.Its analysis argues that exports from non-EU countries to the single market have grown faster than the UK's, since its creation in 1993.That lends weight to the ...
State pension age could be raised to 70, says report image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:05:44 AM
Two separate reports for the government have raised the possibility that millions of people may have to work longer to qualify for a state pension.An analysis for the Department for Work and Pensions (DWP) has suggested that workers under the age of 30 may not get ...
Libor expert witness texted for help image
Source : BBC [Read Article] Wednesday 22nd of March 2017 09:37:35 PM
A prosecution witness called by the Serious Fraud Office (SFO) as an expert on trading has admitted texting friends in the middle of his trial evidence to ask basic questions.Saul Haydon Rowe texted a friend for help in explaining email evidence he had been asked to ...
The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
Let’s be fair to President Trump: the “worst falls” in stock markets since his election last November require perspective. The Dow Jones Industrial Average, which passed the 20,000 mark only in January, was approaching 21,000 before Tuesday’s decline that continued into Wednesday. The previous pace couldn’t ...
Everton urged to end StubHub ticket partnership by supporters trust image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:57:44 PM
The Everton Supporters Trust has urged the club to end their partnership with StubHub amid claims fans can be exploited on the online ticket exchange.Everton have been widely praised for a progressive ticketing policy that has meant season ticket prices are frozen and in some cases ...
Why becoming a tax haven would be bad news for Britain image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:42 PM
Most of us take democracy for granted, but you would have to think again if you lived in a tax haven. Singapore has had the same party in power since 1959. Jersey, meanwhile, has never had a general election, the members of its parliament (the States) ...
Call to give fathers allocated leave to improve uptake image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:33 PM
Men should be given father-only parental leave to tackle the “very, very low” take-up rate, experts have told MPs.Dads who want to be more involved in their children’s lives fear damaging their careers and denting their family’s income if they ask for flexible hours or parental ...
Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott image
Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises.In the most nervous conditions since the immediate aftermath of the president’s shock victory in last November’s ...
Shoe retailer Brantano goes into administration with 1,000 jobs at risk image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 05:41:07 PM
More than 1,000 jobs are at risk after shoe retailer Brantano collapsed into administration.The company has suffered from a rise in costs since the post-referendum fall in sterling amid a generally lacklustre UK footwear market.Based in Hinckley, Leicestershire, the chain has 73 stores and 64 concessions ...
New Nationwide deal for parents to raise cash from their home to help their children image
Nationwide Building Society said its new Family Deposit range is aimed at home-owners looking to support other relatives.It said the deals could be used by home-owners helping their children to take their first steps on the property ladder, or relatives looking to assist older parents to ...
Driver warning: Four out of 10 motorists losing hundreds of pounds with THIS mistake image
Motorists are overpaying a collective £2.73billion a year on insurance, with around 40 per cent of drivers auto-renewing with their existing provider when they receive their renewal letter, according to Moneysupermarket. One in ten don't even check the price of their new policy, research by the ...
Brantano: collapse of shoe retailer puts 1,000 jobs at risk image
Source : BBC [Read Article] Wednesday 22nd of March 2017 04:38:26 PM
Shoe retailer Brantano has gone into administration, putting more than 1,000 jobs at risk. The chain was bought out of administration just over a year ago by a company controlled by turnaround specialists Alteri Investors. Since then Brantano has suffered from the "depressed and competitive" footwear ...
Now you can forget your railcard (once) without being charged a fortune image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 04:13:36 PM
A stony-faced inspector approaches, and passengers fumble in panic for their train tickets. It’s an everyday experience on Britain’s trains, but one disabled traveller’s battle over an extraordinary £400 “penalty” after failing to show his railcard has played its part in forcing overzealous inspectors to backtrack.George Cross ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
The boss of British Gas’s parent company was handed a pay increase of nearly 40% last year, a raise Labour attacked as “astronomical” and a “kick in the teeth” for millions of families living in fuel poverty.Centrica chief executive Iain Conn’s remuneration jumped from £3.02m in ...
UBS charges customers to deposit euros image
Source : BBC [Read Article] Wednesday 22nd of March 2017 03:27:40 PM
Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks' profits.The annual 0.6% charge will take affect from May. UBS already imposes charges for large accounts held in Swiss francs by companies and some wealthy clients.Banks' ...
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget.Several of Heineken’s brands have been absent from Tesco ...
Investment ISA 2017: Returns of 15 per cent SMASH cash equivalents  image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 02:57:00 PM
Savers who opted for a investment version of the tax-free accounts in April 2016 would have seen a stocks and share fund grow by a massive 15.8 per cent on average, according to Moneyfacts.co.uk.On the other hand, cash ISAs have seen growth of just 1.01 per ...
Cheque next-day clearance system to start from THIS year image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 02:36:00 PM
A new system will enable images of cheques to be exchanged between banks and building societies instead of moving paper cheques around the country.It will slash the length of time it takes a cheque to clear from six working days to the next working day.The Cheque ...
Plusnet fined £880,000 for charging more than 1,000 ex-customers image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 02:35:18 PM
Plusnet, the BT-owned broadband and landline company, has been fined almost £900,000 by Ofcom for continuing to charge more than 1,000 customers even though they had cancelled their accounts.The telecoms regulator fined Plusnet £880,000 after an investigation found that the BT subsidiary broke a “fundamental billing ...
Two major US technology firms 'tricked out of $100m' image
Source : BBC [Read Article] Wednesday 22nd of March 2017 01:39:49 PM
A Lithuanian man has been charged with tricking two US technology firms into wiring him $100m (£80.3m) through an email phishing scam.Posing as an Asian-based manufacturer, Evaldas Rimasauskas tricked staff into transferring money into bank accounts under his control, US officials said.The companies were not named ...
Bosses' incomes are 386 times higher than Living Wage image
Source : BBC [Read Article] Wednesday 22nd of March 2017 01:21:15 PM
Bosses of the UK's 100 biggest firms earn 386 times more than workers on the National Living Wage, a survey found. The Equality Trust charity compared the £5.3m average pay of a FTSE 100 chief executive with the £13,660 earned by someone on the living wage.The ...
Number of women working past 70 in UK doubles in four years image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 01:05:53 PM
The number of women working past the age of 70 has doubled in the past four years, according to official figures that also reveal one in seven men are continuing in the workforce into old age, amid growing concerns over the bleak outlook for pensions.Office for ...
Thames Water fined £20m for sewage spill image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:40:05 PM
Thames Water has been fined a record £20m after pumping nearly 1.5 billion litres of untreated sewage into the River Thames.The company admitted water pollution and other offences at sewage facilities in Buckinghamshire and Oxfordshire. Fish and birds died following the spills in 2013 and 2014.The ...
UK households most downbeat about finances since 2013 image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:35:41 PM
UK households are the most downbeat about their finances since 2013, as families start to feel the pinch from rising inflation and weak wage growth, according to a new survey.This suggests consumer spending, until now the main driver of UK economic growth, will weaken in coming ...
Thames Water hit with record £20m fine for huge sewage leaks image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:49:38 AM
Thames Water has been hit with a record fine of £20.3m after huge leaks of untreated sewage into the Thames and its tributaries and on to land, including the popular Thames path. The prolonged leaks led to serious impacts on residents, farmers, and wildlife, killing birds ...
Plusnet fined £880,000 for billing former customers image
Source : BBC [Read Article] Wednesday 22nd of March 2017 11:35:44 AM
Plusnet, an internet service provider owned by BT, has been fined £880,000 for wrongly billing more than 1,000 former customers.An investigation by watchdog Ofcom found that the ISP broke a fundamental billing rule by continuing to charge a group of customers for landline and broadband after ...
Why robots should be taxed if they take people's jobs | Robert Shiller image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:18:12 AM
The idea of a tax on robots was raised last May in a draft report to the European parliament prepared by MEP Mady Delvaux from the committee on legal affairs. Emphasising how robots could boost inequality, the report proposed that there might be a “need to ...
Eco homes – in pictures image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 10:47:14 AM
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Bank cheques to be cleared within a day image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:34:53 AM
Bank customers who pay cheques into their accounts will soon be able to get the money cleared within one working day.At the moment, the process can take up to six days.The organisation that manages the cheque clearing system said the changes would be phased in from ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
Luxury goods group Hermes has reported record profits for 2016, boosted by sales of its handbags.The French company, best known for its £8,000 Birkin bags and £300 silk scarves, posted a 13% rise in profits to 1.1bn euros (£952m).Chief executive Axel Dumas said Hermes did "better ...
Plusnet fined £880,000 by Ofcom for billing customers after contracts were cancelled image
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Investors urge Dulux owner to hold takeover talks image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:10:12 AM
Two large shareholders in Akzo Nobel have urged the Dulux paint owner to open talks on a potential takeover.The call comes after the Dutch company rejected a second takeover offer from PPG Industries, saying an improved 22.4bn euro (£19.3bn) offer was still too low.Elliot Advisors, which ...
Top tax year 'must do's' image
Source : Independent [Read Article] Wednesday 22nd of March 2017 09:50:00 AM
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UK-based airlines told to move to Europe after Brexit or lose major routes image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 09:33:08 AM
EU chiefs have warned airlines including easyJet and Ryanair that they will need to relocate their headquarters or sell off shares to European nationals if they want to continue flying routes within continental Europe after Brexit.Executives at major carriers have been reminded during recent private meetings ...
Screwfix boosts Kingfisher's profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 09:18:25 AM
Kingfisher, the B&Q and Screwfix owner, has reported sharply higher profits, boosted by resilient sales in the UK and a weaker pound.Pre-tax profits rose 48% to £759m for the year to 31 January, from £512m. However, chief executive Veronique Laury warned of future uncertainty caused by ...
What everyone assumes about rights in the gig economy is wrong | Jason Moyer-Lee image
So Matthew Taylor, Theresa May’s appointee to lead an inquiry into the so-called “gig economy”, has called for employment rights for the self-employed. You might expect that we at Independent Workers Union of Great Britain (IWGB), many of whose members work in the so-called gig economy ...
London's leading shares lose ground image
Source : BBC [Read Article] Wednesday 22nd of March 2017 08:45:47 AM
London's leading shares ended the day lower, extending Tuesday's losses, after Wall Street suffered its worst day this year.The FTSE 100 shed 53.6 points, or 0.7%, to 7,324.7, with retailer Kingfisher worst hit.Share prices have lost ground on both sides of the Atlantic amid concerns that ...
Markets tumble as impatience mounts over Trump's policies - as it happened image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 08:24:03 AM
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London-Paris electric flight 'in decade' image
Source : BBC [Read Article] Wednesday 22nd of March 2017 08:06:00 AM
A new start-up says it intends to offer an electric-powered commercial flight from London to Paris in 10 years.Its plane, yet to go into development, would carry 150 people on journeys of less than 300 miles. Wright Electric said by removing the need for jet fuel, ...
Do not let Brexit ruin car industry, urges chair of London Taxi Company image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:51:15 AM
The chair of the company behind the first new car plant in Britain for more than a decade has urged the UK and European governments not let Brexit ruin the country’s automotive industry.Carl-Peter Forster was speaking as the London Taxi Company (LTC), the maker of London’s ...
Plans for coal-fired power plants drop by almost half in 2016 image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:44:04 AM
Twenty-sixteen saw a "dramatic" decline in the number of coal-fired power stations in pre-construction globally.The authors of a new study say there was a 48% fall in planned coal units, with a 62% drop in construction starts.The report, from several green campaign groups, claims changing policies ...
London Taxi Company's new Ansty Park plant opens in Coventry image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:04:13 AM
A black cab manufacturer that was "on its knees" five years ago is officially opening a new £300m plant, creating more than 1,000 jobs. The London Taxi Company's (LTC) Ansty Park site in Coventry is the home of its new electric taxi, the TX5.Administrators were called ...
Time to make a noise over Rias’s silent calls image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:00:28 AM
Please help to get insurer Rias to stop hassling me with silent phone calls.My home insurance is up for renewal and, in the past, I have contacted the company to get a quote. But now it seems to think it is perfectly reasonable to leave its ...
Sir Ian McKellen and Susan Sarandon back Picturehouse cinema boycott image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:00:28 AM
Susan Sarandon and Sir Ian McKellen are among more than 25 actors and screenwriters urging the public to boycott the Picturehouse cinema chain, and Cineworld who own it, over its workers’ pay and conditions.The 24 cinemas in the Picturehouse chain, which are in cities including Liverpool, ...
UK millionaires think Brexit will make them even richer, survey finds image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:35:35 AM
Most of Britain’s millionaires reckon Brexit will make them even richer, according to a survey by wealth managers at Swiss bank UBS.A poll of more than 400 Britons with at least $1m (£800,000) in liquid assets in addition to their homes found that 78% thought Britain’s ...
FTSE CEOs 'earn 386 times more than workers on national living wage' image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:27 AM
The average FTSE chief executive earns 386 times more than a worker on the national living wage, according to an analysis published by the Equality Trust as it steps up its campaign for new government rules to expose pay gaps.The charity used annual reports from 2015 ...
Asian shares drop as investors fear Trump won't deliver on promises image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:59 AM
Concerns about the Trump administration’s ability to push through key reforms and deliver on a promised fiscal boost turned share markets across the Asia Pacific region into a sea of red on Wednesday.As investors dumped risky assets and rushed to safe havens such as gold and ...
Spear-phishing scammer demanded sex show image
Source : BBC [Read Article] Wednesday 22nd of March 2017 02:34:32 AM
Six weeks ago, a young woman called Zed (not her real name) was in a meeting at work when a message popped up on Facebook Messenger from a distant friend."Hey babe," it began.The friend asked Zed to vote for her in an online modelling competition, which ...
The women still working into their 70s image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:06:12 AM
The proportion of women working into their 70s in the UK has doubled in the last four years and is starting to catch up with men.Analysis of official data reveals that 5.6% of women only stopped working after the age of 70 in 2012. This had ...
Nearly one in seven workers retiring this year have made no financial provisions, study reveals image
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Handbag designer: 'I am moving manufacturing to Italy' image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:02:50 AM
With Theresa May expected to invoke Article 50 next week, kickstarting the process for the UK to leave the EU, BBC News asks if businesses are changing their strategies to cope with Brexit.Handbag designer Claudia Fürst has moved her manufacturing operation to Italy to counter the ...
Trouble on the ranch image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:57 AM
"Tremendously important" is how rancher Coleman Locke describes the role of international trade to his cattle business. The 72-year-old has worked on his family's 10,000-acre ranch on the Gulf Coast of Texas for his whole life and has seen his fair share of struggles in the ...
Bear trap  image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:37 AM
Bear Grylls might be confident about climbing mountains, wrestling alligators and challenging the wilderness to do its venomous worst - but there's one thing that fills him with horror.Cocktail parties full of strangers."We all have fears. People say, 'You can't have any fears', but I'm scared ...
Coal in 'freefall' as new power plants dive by two-thirds image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:01:20 AM
The amount of new coal power being built around the world fell by nearly two-thirds last year, prompting campaigners to claim the polluting fossil fuel was in freefall.The dramatic decline in new coal-fired units was overwhelmingly due to policy shifts in China and India and subsequent ...
How many countries? image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:18 AM
"Made in Morocco" says the label on the pink Zara shirt dress.While this may be where the garment was finally sewn together, it has already been to several other countries.In fact, it's quite possible this piece of clothing is better travelled than you. If it was ...
The last call for savers to cash in on tax relief image
Source : Daily Express [Read Article] Wednesday 22nd of March 2017 12:01:00 AM
Those who want to claim maximum relief on their pension contributions should act before the tax year ends on April 5, experts say. Their warnings come after reports that the Treasury is considering a drastic cut to valuable pension incentives, designed to encourage people to save for ...
Texas cattle rancher fears for future image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:55:40 PM
Texas cattle rancher Coleman Locke is concerned that farmers like him could be the losers if President Donald Trump goes ahead with his promise to renegotiate Nafta and possibly place tariffs on Mexico or other US trading partners. Mr Locke says the international market is vital ...
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Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
With Prime Minister Theresa May all set to trigger Article 50 next Wednesday to begin the two-year process of escaping the EU, further volatility is likely. However, by choosing the right location and planning your travel cash, you could still cut the cost of your summer escape. Try ...
Starting a child pension pot could repay a small fortune at retirement image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:01:00 PM
Parents or grandparents who invest in a pension on behalf of their little ones could build a retirement pot worth almost £300,000 with a relatively small monthly contribution.New research from pension specialist Retirement Advantage found that investing £100 a month on behalf of a child from ...
Millions of older people may miss new inheritance tax break image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 09:51:00 PM
From April 6, the new family home allowance will allow homeowners to pass on an additional £100,000 in property value free of inheritance tax (IHT), rising steadily to £175,000 by 2020. This is on top of the nil-rate IHT threshold of £325,000, which couples can double to ...
Wall Street suffers worst day this year image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:28:57 PM
Wall Street suffered its worst day this year as investors fretted about whether President Donald Trump will be able to deliver promised tax cuts.Banks, which have helped to propel share markets to record highs recently, were among the worst casualties.Bank of America fell 5.77% and Goldman ...
Fiat Chrysler diesel emissions investigated in France image
Source : BBC [Read Article] Tuesday 21st of March 2017 08:12:41 PM
French prosecutors have opened an investigation into claims Fiat Chrysler Automobiles (FCA) broke diesel emissions tests.Industry regulators in the country have been looking into whether some FCA cars exceeded emissions limits.FCA, already facing probes in the UK and US, said it noted the prosecutor's decision to ...
Viagogo should be forced to face a grilling over ticket resale abuse | Nils Pratley image
Secondary ticket site Viagogo’s explanation for not sending a representative to the Tuesday’s session of the Commons culture, media and sport select committee was ridiculous.The Swiss-based company, reported committee chair Damian Collins, said it doesn’t have “adequate representation” in the UK to assist with inquiries. Pull ...
Bank that lent $300m to Trump linked to Russian money laundering scam image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:14 PM
The German bank that loaned $300m (£260m) to Donald Trump played a prominent role in a money laundering scandal run by Russian criminals with ties to the Kremlin, the Guardian can reveal.Deutsche Bank is one of dozens of western financial institutions that processed at least $20bn ...
London cycle courier 'was punished for refusing work after eight hours in cold' image
A courier delivering parcels in central London has described being punished for refusing work after eight hours of cycling in snowy weather, saying he received no paid breaks or holiday pay.Andrew Boxer is the latest to take on the battle to be classified as a “worker” ...
Police to examine 'Global Laundromat' money laundering allegations image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:33:29 PM
Fraud investigators have launched a review of the activities of Britain’s high street banks following revelations in the Guardian about a $20bn money laundering scam that MPs described as a national disgrace and scandal.Forced to answer urgent questions in the House of Commons, the Treasury minister ...
Oil theft 'provides billions for terrorists and drug cartels' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:12:54 PM
Oil theft is fuelling terrorist groups and drug cartels around the world, according to a new analysis.Mexican drug gangs can earn $90,000 (£72,000) in seven minutes from tapping a pipeline of refined oil, while insurgents in Nigeria financially benefit from a share of the third of ...

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