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Toys R Us has filed for bankruptcy protection in the US and Canada after running up $5bn (£3.7bn) of debts and struggling to compete in the age of internet shopping.The world’s largest toy store chain said it had filed for Chapter 11 to restructure its debts ... [Read full article on Guardian ]
Tuesday 19th of September 2017 07:35:56 AM
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Four million jobs in the British private sector could be replaced by robots in the next decade, according to business leaders asked about the future of automation and artificial intelligence.The potential impact amounts to 15% of the current workforce in the sector and emerged in a ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:34:36 AM
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One of Lloyd’s of London’s largest insurance syndicates is to move its European headquarters to Dublin because of Brexit, Ireland’s prime minister has announced.XL Group, which operates the XL Catlin brand, chose the Irish capital as its preferred location for its principal EU insurance company subject ... [Read full article on Guardian ]
Tuesday 19th of September 2017 03:48:56 PM
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James Ahari knows about cars after several years in the insurance industry, much of it spent handling motor policy claims. He is also a self-confessed petrolhead.But he says anyone can track down the best deals on car leasing websites and, like him, spurn owning a car ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:51:07 PM
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Aldi and Lidl account for £1 in every £8 spent in UK supermarkets, with two-thirds of British shoppers visiting the discounters over the past three months.The German chains are outpacing their bigger rivals as inflation and stagnating wages eat into families’ spare cash, prompting many to ... [Read full article on Guardian ]
Tuesday 19th of September 2017 08:22:50 AM
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Tuesday 19th of September 2017 07:04:00 AM
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The number of people on zero-hours contracts in the UK has fallen to its lowest level in more than three years, as companies appear to be moving away from employing staff without guaranteed working hours.There were an estimated 1.4m contracts that did not guarantee a minimum ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:20:15 AM
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Tuesday 19th of September 2017 07:40:00 AM
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KPMG has been cleared of any wrongdoing over its auditing of HBOS, which was rescued by Lloyds during the height of the 2008 crisis, after accounting regulators concluded the accountancy firm could not have foreseen the bank’s problems.The accountancy regulator, the Financial Reporting Council (FRC), announced ... [Read full article on Guardian ]
Tuesday 19th of September 2017 09:26:11 AM
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Since the summer of 2016, the global economy has been in a period of moderate expansion, with the growth rate accelerating gradually. What has not picked up, at least in the advanced economies, is inflation. The question is why.In the United States, Europe, Japan, and other ... [Read full article on Guardian ]
Tuesday 19th of September 2017 10:49:04 AM
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The chairs of two powerful parliamentary committees have urged the government to set up an independent public inquiry into the £200bn of debt amassed by households.The call by Rachel Reeves, the Labour chair of the business select committee, and Frank Field, the Labour head of the ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:07 PM
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Yoko Ono Lennon has stepped in to rescue the name of her husband from fizzy pop reinvention, taking legal action to halt the sale of a lemonade called John Lemon.The Polish company which sells the beverage, set up five years ago, has agreed to change its ... [Read full article on Guardian ]
Tuesday 19th of September 2017 07:07:08 PM
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Your readers should be aware of a convincing scam Netflix email that almost caught me out. An email from supportnetflix@checkinformation.com arrived, warning that my Netflix account was on hold because of a problem with my last payment. A link in the email takes users to a ... [Read full article on Guardian ]
Tuesday 19th of September 2017 06:00:10 AM
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More than half of young women have to borrow to make their cash last to the end of the month, highlighting the impact of stagnating wages, insecure work and rising prices on millennials.A survey of 4,000 people aged 18-30 shows that 51% of young women and ... [Read full article on Guardian ]
Tuesday 19th of September 2017 05:32:12 PM
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Ryanair has offered pilots a one-off bonus of up to £12,000 to forfeit holidays, according to a memo seen by the Guardian, as it battles to prevent further flight cancellations caused by a “mess-up” in its rota system.The Irish airline’s chief executive, Michael O’Leary, apologised this ... [Read full article on Guardian ]
Tuesday 19th of September 2017 01:25:39 PM
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In its annual report and accounts for the year ending 31 December 2007, HBOS reported a profit before tax of £5.5bn. Those accounts were issued in February 2008. Eight months later, the bank was bust. HBOS was the second biggest failure in the British banking history. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 02:52:10 PM
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Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head office and research and development investment, under proposed rules put forward by the takeover watchdog and backed by the government.The new rules, which were published ... [Read full article on Guardian ]
Tuesday 19th of September 2017 06:21:29 PM
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Workers at three Cadbury plants have won an inflation-linked pay deal for the next two years, bringing employees relief from the squeeze on British households amid the rising cost of living.About 1,300 staff at sites in Bournville in the West Midlands – the historical home of ... [Read full article on Guardian ]
Tuesday 19th of September 2017 04:08:44 PM
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There has been a significant increase in the number of new cars on Britain’s streets in the last three to four years, with vehicle registrations increasing to a record high of 2.7m in 2016.Behind the boom is a new finance leasing product – a personal contract ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:45 PM
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Britain’s borrowing is worsening as new data shows there are now more than 8.3 million people in the UK with problem debts.The debt charity StepChange said the percentage of its clients falling behind on payments went over 40% in the first half of 2017, while the ... [Read full article on Guardian ]
Tuesday 19th of September 2017 08:31:16 AM
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Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a “housing catastrophe”.The generation currently aged 18-36 are typically spending over a ... [Read full article on Guardian ]
Tuesday 19th of September 2017 11:01:30 PM
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Latest Financial News

Millennials spend three times more of income on housing than grandparents image
Source : Guardian [Read Article] Tuesday 19th of September 2017 11:01:30 PM
Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a “housing catastrophe”.The generation currently aged 18-36 are typically spending over a ...
Yoko Ono halts sale of John Lemon lemonade image
Source : Guardian [Read Article] Tuesday 19th of September 2017 07:07:08 PM
Yoko Ono Lennon has stepped in to rescue the name of her husband from fizzy pop reinvention, taking legal action to halt the sale of a lemonade called John Lemon.The Polish company which sells the beverage, set up five years ago, has agreed to change its ...
Government backs tighter rules on takeover of UK companies image
Source : Guardian [Read Article] Tuesday 19th of September 2017 06:21:29 PM
Bidders for UK stock market listed companies must lay out more detailed plans for their target, including location of its head office and research and development investment, under proposed rules put forward by the takeover watchdog and backed by the government.The new rules, which were published ...
51% of young women have to borrow to make cash last until payday image
Source : Guardian [Read Article] Tuesday 19th of September 2017 05:32:12 PM
More than half of young women have to borrow to make their cash last to the end of the month, highlighting the impact of stagnating wages, insecure work and rising prices on millennials.A survey of 4,000 people aged 18-30 shows that 51% of young women and ...
Cadbury staff get sweet relief from inflation with new pay deal image
Source : Guardian [Read Article] Tuesday 19th of September 2017 04:08:44 PM
Workers at three Cadbury plants have won an inflation-linked pay deal for the next two years, bringing employees relief from the squeeze on British households amid the rising cost of living.About 1,300 staff at sites in Bournville in the West Midlands – the historical home of ...
Lloyd’s of London firm moves European base to Dublin over Brexit image
Source : Guardian [Read Article] Tuesday 19th of September 2017 03:48:56 PM
One of Lloyd’s of London’s largest insurance syndicates is to move its European headquarters to Dublin because of Brexit, Ireland’s prime minister has announced.XL Group, which operates the XL Catlin brand, chose the Irish capital as its preferred location for its principal EU insurance company subject ...
Why were HBOS auditors cleared? We need a full explanation | Nils Pratley image
Source : Guardian [Read Article] Tuesday 19th of September 2017 02:52:10 PM
In its annual report and accounts for the year ending 31 December 2007, HBOS reported a profit before tax of £5.5bn. Those accounts were issued in February 2008. Eight months later, the bank was bust. HBOS was the second biggest failure in the British banking history. ...
Tycoon says he needs subsidy to build Land Rover Defender successor in UK image
Source : Guardian [Read Article] Tuesday 19th of September 2017 02:46:05 PM
The billionaire businessman Jim Ratcliffe has warned that it would only be possible to build a successor to the Land Rover Defender in the UK, creating up to 10,000 new jobs, if the project receives government backing.The founder and chairman of the chemicals firm Ineos said ...
Ryanair offers pilots £12,000 bonus to tackle cancelled flights fiasco image
Source : Guardian [Read Article] Tuesday 19th of September 2017 01:25:39 PM
Ryanair has offered pilots a one-off bonus of up to £12,000 to forfeit holidays, according to a memo seen by the Guardian, as it battles to prevent further flight cancellations caused by a “mess-up” in its rota system.The Irish airline’s chief executive, Michael O’Leary, apologised this ...
Car leasing: how one petrolhead has become 'more wary' image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:51:07 PM
James Ahari knows about cars after several years in the insurance industry, much of it spent handling motor policy claims. He is also a self-confessed petrolhead.But he says anyone can track down the best deals on car leasing websites and, like him, spurn owning a car ...
What you need to know about car loans image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:45 PM
There has been a significant increase in the number of new cars on Britain’s streets in the last three to four years, with vehicle registrations increasing to a record high of 2.7m in 2016.Behind the boom is a new finance leasing product – a personal contract ...
Car finance: the fast lane to debt? image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:24 PM
A visit to the car showrooms around north London gives a stark illustration of how British consumers have driven themselves almost £60bn into the red.Seemingly cheap financing deals offer the opportunity to drive away a brand new car less than two weeks from signing on the ...
Public inquiry needed into UK's £200bn debt crisis, say senior MPs image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:07 PM
The chairs of two powerful parliamentary committees have urged the government to set up an independent public inquiry into the £200bn of debt amassed by households.The call by Rachel Reeves, the Labour chair of the business select committee, and Frank Field, the Labour head of the ...
Why central banks are not hitting their 2% inflation target | Nouriel Roubini image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:49:04 AM
Since the summer of 2016, the global economy has been in a period of moderate expansion, with the growth rate accelerating gradually. What has not picked up, at least in the advanced economies, is inflation. The question is why.In the United States, Europe, Japan, and other ...
Robots 'could take 4m UK private sector jobs within 10 years' image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:34:36 AM
Four million jobs in the British private sector could be replaced by robots in the next decade, according to business leaders asked about the future of automation and artificial intelligence.The potential impact amounts to 15% of the current workforce in the sector and emerged in a ...
Number of workers on zero-hours contracts drops to three-year low image
Source : Guardian [Read Article] Tuesday 19th of September 2017 10:20:15 AM
The number of people on zero-hours contracts in the UK has fallen to its lowest level in more than three years, as companies appear to be moving away from employing staff without guaranteed working hours.There were an estimated 1.4m contracts that did not guarantee a minimum ...
Watchdog clears KPMG in HBOS audit investigation image
Source : Guardian [Read Article] Tuesday 19th of September 2017 09:26:11 AM
KPMG has been cleared of any wrongdoing over its auditing of HBOS, which was rescued by Lloyds during the height of the 2008 crisis, after accounting regulators concluded the accountancy firm could not have foreseen the bank’s problems.The accountancy regulator, the Financial Reporting Council (FRC), announced ...
What's your experience of being in debt? image
Source : Guardian [Read Article] Tuesday 19th of September 2017 08:31:16 AM
Britain’s borrowing is worsening as new data shows there are now more than 8.3 million people in the UK with problem debts.The debt charity StepChange said the percentage of its clients falling behind on payments went over 40% in the first half of 2017, while the ...
Aldi and Lidl increase share of British shoppers as inflation hits spending image
Source : Guardian [Read Article] Tuesday 19th of September 2017 08:22:50 AM
Aldi and Lidl account for £1 in every £8 spent in UK supermarkets, with two-thirds of British shoppers visiting the discounters over the past three months.The German chains are outpacing their bigger rivals as inflation and stagnating wages eat into families’ spare cash, prompting many to ...
World markets at new highs; UK zero-hours contracts fall - business live image
Source : Guardian [Read Article] Tuesday 19th of September 2017 07:40:00 AM
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Toys R Us files for bankruptcy in US and Canada image
Source : Guardian [Read Article] Tuesday 19th of September 2017 07:35:56 AM
Toys R Us has filed for bankruptcy protection in the US and Canada after running up $5bn (£3.7bn) of debts and struggling to compete in the age of internet shopping.The world’s largest toy store chain said it had filed for Chapter 11 to restructure its debts ...
Watch out for Netflix email scam that looks like the real deal image
Source : Guardian [Read Article] Tuesday 19th of September 2017 06:00:10 AM
Your readers should be aware of a convincing scam Netflix email that almost caught me out. An email from supportnetflix@checkinformation.com arrived, warning that my Netflix account was on hold because of a problem with my last payment. A link in the email takes users to a ...
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Ryanair to tell 400,000 passengers of cancelled flights after roster 'mess-up' image
Ryanair has written to 400,000 passengers to tell them that their flight has been cancelled after it admitted to a “mess-up” on pilot rostering that left 18 million ticket holders wondering if their holiday plans would be ruined.In a hastily arranged press conference in Dublin on ...
Editorial | The Guardian view on Ryanair: the low expectations airline image
Source : Guardian [Read Article] Monday 18th of September 2017 06:24:15 PM
Michael O’Leary, the boss of Ryanair, once told an interviewer that he was born “with bullshit on tap” – a rare case of his giving the media a story they already had. On the other hand, he was certainly telling the unvarnished truth then, in a ...
Britain's debt time​bomb: FCA urges action over £200bn crisis image
Source : Guardian [Read Article] Monday 18th of September 2017 05:34:39 PM
The government needs to step in to help tackle the mountain of debt being racked up by the most vulnerable consumers in Britain, the chief financial regulator has warned, as new data shows that personal debt burdens are continuing to rise.New figures seen by the Guardian ...
Ministers launch group to help boost green business investment image
Source : Guardian [Read Article] Monday 18th of September 2017 05:28:07 PM
A new group led by investors and leading figures from the City of London has been brought together by the government to draw up measures to encourage “green finance” in the UK.The Green Finance Taskforce will have six months to come up with proposals on how ...
'They just kept topping it up' – how one credit card user fell £28,000 in debt image
Tracy Banham’s credit card limit was raised several times without asking, despite her making only the minimum payments. This left her with more than £28,000 of borrowing to repay alone.The mother of two from Radcliffe, Greater Manchester, used the cards to support her and her husband ...
UK debt is explosive – and it only needs a spark to light the fuse | Larry Elliott image
Britain’s debt timebomb is primed and ready to go off at any time. From never-never spending on credit cards to car loans, from overdrafts to payday loans, there is enough high explosive to devastate the economy for a second time in decade. All that is required ...
What is the average debt where you live? image
Source : Guardian [Read Article] Monday 18th of September 2017 05:25:30 PM
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Fall in migration after Brexit could push up inflation, says Carney image
Source : Guardian [Read Article] Monday 18th of September 2017 03:36:20 PM
A sharp fall in migrant workers coming to Britain as a consequence of Brexit could push up wages and cause a spike in inflation in the short term, according to the governor of the Bank of England.Mark Carney was setting out his view on inflation days ...
Bill trouble after nursing home move  image
Source : Daily Express [Read Article] Monday 18th of September 2017 02:45:00 PM
The dispute over a sum of just £25 turned so sour that debt collectors became involved and demands sent to the home caused even more upset. Yet as Cliff Ayre began wrapping up his father-in-law’s account with phone company TalkTalk in May, everything seemed straightforward. He was authorised ...
CMA fines estate agents cartel £370,000 for rate fixing image
Source : Guardian [Read Article] Monday 18th of September 2017 02:43:50 PM
A group of estate agents who secretly conspired to keep their fees high to make “as much profit as possible” have been fined £370,000 for operating an illegal cartel.The Competition and Markets Authority (CMA) said this was the second time in two-and-a-half years that it had ...
Ryanair is 'unnecessarily pissing people off' – again | Nils Pratley image
Source : Guardian [Read Article] Monday 18th of September 2017 02:26:16 PM
Ryanair’s shares fell 2.4% on Monday, which seems an overly gentle reaction to last Friday’s late shocker that up to 2,000 flights will be cancelled over the next six weeks. The direct short-term impact on Ryanair’s profits may be modest – the peak high-margin summer season ...
Ryanair vows to publish details of all flights cancelled in next six weeks image
Source : Guardian [Read Article] Monday 18th of September 2017 02:23:23 PM
Ryanair has promised to publish details on Tuesday of all the flights it plans to cancel over the next six weeks following a passenger revolt, a slump in its share price and an expected compensation bill of £30m.The airline said on Twitter that “Between today and ...
Dirty money? Mystery over shredded €500 notes in Swiss sewers image
Source : Guardian [Read Article] Monday 18th of September 2017 02:07:34 PM
Tens of thousands of euros have been flushed down the toilet in Geneva, leaving Swiss prosecutors scratching their heads over whether the money is dirty.Wads of €500 notes were discovered cut to shreds in the sewer system of a branch of Swiss bank UBS, while three ...
Why is Ryanair cancelling flights and what can you do? image
Source : Guardian [Read Article] Monday 18th of September 2017 12:35:49 PM
Ryanair’s decision to cancel 40-55 flights a day for the next six weeks will leave as many as 400,000 passengers with their holidays and travel plans ruined.The official line from Ryanair’s Facebook page is that “We have messed up in the planning of pilot holidays and ...
Bell Pottinger: father of executive at centre of scandal quits Rentokil board image
The father of the Bell Pottinger executive at the centre of the South Africa scandal that brought down the City PR firm has resigned from his role as a board member of London-listed pest control and hygiene firm Rentokil Initial.Chris Geoghegan – the father of 34-year-old ...
Five reasons why global stock markets are surging | Nick Fletcher image
Source : Guardian [Read Article] Monday 18th of September 2017 11:10:43 AM
Global stock markets are at record highs, with the MSCI All Country World Index reaching a new peak on Monday and both the Dow Jones Industrial Average and the S&P 500 in uncharted territory. European and UK markets are also attracting investors again, although they are ...
How bad is a credit record default for a mortgage application? image
Source : Guardian [Read Article] Monday 18th of September 2017 10:18:59 AM
Q My partner and I want to buy our first home. We started the process of looking into this last year, thinking that it would be relatively straightforward once we had our deposit saved.We both have good jobs and assumed we had no debt. I then ...
Meet the woman fighting Wall Street's Flash Boys image
Source : Guardian [Read Article] Monday 18th of September 2017 09:00:05 AM
Like many people on Wall Street and beyond, Sara Furber devoured Michael Lewis’s Flash Boys, the best-selling book that argued high-speed traders had rigged the world’s biggest stock markets. Now, Furber has been tasked with proving that executives and investors really want an alternative.Lewis’s book told ...
Made.com founder: 'We want to be the new Ikea' image
Source : Guardian [Read Article] Monday 18th of September 2017 06:00:02 AM
In my first business [the French e-commerce site Myfab, launched in 2007] we were selling everything from fashion to electronics and I saw that our sales of furniture were really taking off. A friend in China who was a furniture manufacturer told me he would sell ...
Not such an Easylife when my digital hearing aid fails to charge image
Source : Guardian [Read Article] Monday 18th of September 2017 06:00:02 AM
Several weeks ago we bought a rechargeable digital hearing aid from Easylife. It arrived promptly and worked well on day one, but it would not recharge as instructed.We emailed customer services and were offered a free pickup with a subsequent replacement. We waited in all day in vain. ...
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Launch of iPhone X is a reminder of the perils of paying monthly for your mobile image
When the Apple chief executive, Tim Cook, took to the stage of the company’s new Steve Jobs theatre to unveil the iPhone X, it was not just the range of new functions that caught people’s attention, it was also the price.At £999 and £1,149, depending on ...
Airbus launches internal corruption investigation after Guardian exposé image
Source : Guardian [Read Article] Monday 18th of September 2017 04:42:22 AM
Airbus, Europe’s largest aerospace multinational, has launched an internal investigation into possible corruption after the Guardian uncovered a series of questionable financial transactions resulting in an unexplained payment.Hundreds of pages of leaked bank records, internal memos and financial statements reveal that two companies secretly controlled by ...
Asking prices for London homes record biggest falls this decade image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
Asking prices for homes in London have recorded their biggest annual fall so far this decade and have dropped on average by £18,000 in the space of just a month, the property site Rightmove said on Monday.But this headline finding masks much larger falls in some ...
South Wales aluminium factory to manufacture low-emission taxi image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
Plans to introduce low-emissions taxis in London are helping create more than 130 jobs in south Wales, as the firm tasked with making lightweight bodywork for eco-friendly black cabs reopens a factory in the area.The Norwegian aluminium company Sapa is investing £9.6m to reopen a mothballed ...
Most Britons 'dislike prospect of living near mini nuclear station' image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
Most Britons would not be happy living near the mini nuclear power stations that Rolls-Royce and several other international companies want to build in the UK, a survey has found.The government has promised the developers of small modular reactors a slice of a £250m funding pot ...
British expats face 'cliff edge' in pensions and insurance after Brexit image
Source : Guardian [Read Article] Sunday 17th of September 2017 11:01:53 PM
The chair of an influential parliamentary committee is calling for urgent action to ensure that British pensioners living in Spain or other EU countries do not find their payments stopped after Britain leaves the EU in 2019.UK firms may not be legally able to pay out ...
Betting and media firms offer to fund addiction awareness ad campaign image
Source : Guardian [Read Article] Sunday 17th of September 2017 04:36:20 PM
Betting firms and broadcasters have made an offer to the government to fund an £8m addiction awareness campaign, in a move Labour warned must not be a “stitch-up” to stave off tighter regulation of adverts.The Department for Digital, Culture, Media and Sport (DCMS) will publish a ...
Have you got a FORGOTTEN pension? £400 MILLION of unclaimed savings – find YOURS now image
It means many savers could boost their wealth by claiming a pot from a previous employer or old personal pension scheme. Anyone can get in touch with previous employers to check whether they had a savings scheme - or contact pension providers. Even savers who don't ...
Growing risk of 'debt trap' if interest rates stay low, say central bankers image
Source : Guardian [Read Article] Sunday 17th of September 2017 04:00:45 PM
A new warning has been issued about the growing risk of a “debt trap” if interest rates around the world stay near zero, which has encouraged borrowing by households, businesses and governments.The Bank for International Settlements – known as the central bankers’ bank – highlighted the ...
Ryanair tries to appease passengers with list of flights cancelled until Thursday image
Ryanair has tried to appease angry customers by publishing lists of all flights to be cancelled until Wednesday, after 82 failed to take off on Sunday, with the airline admitting it had mismanaged the planning of pilot holidays.However, this will do little to calm nerves as ...
Why you should invest your money both in Britain and overseas image
Source : Daily Express [Read Article] Sunday 17th of September 2017 01:55:00 PM
You need to spread your risk across global markets such as Europe, the US, Asia and emerging markets, as well as doing your bit on the home front.It is a question of balance: so how much should you invest in the UK, and how much elsewhere?FOREIGN ...
What will justify an interest rate rise in November? | Richard Partington image
Source : Guardian [Read Article] Sunday 17th of September 2017 01:38:31 PM
We’ve heard it all before. The Bank of England is putting debt-laden consumers on notice of higher borrowing costs, yet again.But this time, just maybe, interest rates could finally be on the march from as early as November after more than 10 years without a hike. ...
How to find the best remortgage rates and beat the rise image
Source : Daily Express [Read Article] Sunday 17th of September 2017 12:34:00 PM
Remortgaging to a cheaper deal can save you thousands of pounds a year and fix your borrowing costs at a low rate for two, five or even 10 years.Now could be the perfect time to see if you could get a better deal on any remaining ...
Former BHS owner could face fine if the charges stick image
Source : Guardian [Read Article] Sunday 17th of September 2017 09:31:18 AM
Brighton magistrates court will be the venue this week for the latest chapter in the ongoing saga surrounding the collapse of BHS.Dominic Chappell, the former owner of the company, is to be prosecuted by the pensions watchdog for failing to give information for an investigation into ...
It’s one rule for big data, another for its victims | John Naughton image
Source : Guardian [Read Article] Sunday 17th of September 2017 06:00:33 AM
Last week, much of the tech world was temporarily unhinged by a circus in Cupertino, where a group of ageing hipster billionaires unveiled some impressive technology while miming the argot of teenage fandom (incredible, amazing, awesome, etc) and pretending that they were changing the world. Meanwhile, ...
Deal or no deal, Sky is the regulators’ hardest ever test image
Source : Guardian [Read Article] Sunday 17th of September 2017 06:00:33 AM
Weak governments put off making tough choices. Which is obviously one reason why the culture secretary plants more acres of long grass whenever the next decisions about the Murdoch takeover of Sky have to be taken. Is Rupert too powerful, a political puppet master? Hardly. He ...
Zanussi turns up heat on new boiler installation. Is it a con? image
Source : Guardian [Read Article] Sunday 17th of September 2017 05:59:33 AM
I’ve been offered a non-means-tested government grant towards a Zanussi gas boiler installation, but am worried it may be a new take on the double-glazing hard sell. Try as I might, I can’t find out whether it’s genuine or not.It started with a cold call from ...
Don’t dismiss bankers' predictions of a bitcoin bubble – they should know image
When the boss of Wall Street’s biggest bank calls a bubble, the world inevitably sits up and listens, albeit with a sense of historically weighted irony: of course an investment bank boss would spot disaster after his industry presided over the last one. Jamie Dimon, the ...
Crisis in Toyland: how the shift online places our childhood favourites in peril image
Some of Toytown’s favourite characters are in trouble. The news that Toys R Us, the world’s biggest toy retailer, could be facing bankruptcy followed hot on the heels of the announcement from Lego, the world’s most profitable toy manufacturer, that the first half of this year ...
US retaliation feared as Brussels prepares to close Google’s tax loopholes image
Source : Guardian [Read Article] Saturday 16th of September 2017 11:03:24 PM
EU leaders have agreed to make “swift” progress on raising the tax bills for digital giants such as Google and Facebook, despite warnings from smaller states that unilateral action could drive business away from Europe.France is pushing for a new way of taxing them on the ...
Mortgage alert: Interest rates will rise FOUR times by end of 2018, economists forecast  image
The cost of borrowing is set to jump if the Bank of England lifts the base rate for the first time in a decade in November as expected. But this will mark the beginning of a dramatic change in policy and the start of may more ...
The eurozone may be back on its feet. But is Greece? image
Source : Guardian [Read Article] Saturday 16th of September 2017 03:00:15 PM
Is the eurozone on the mend? Jean-Claude Juncker certainly thinks so. The EU president was upbeat in Brussels last week as he gave his annual state-of-the-union address, proclaiming that “the wind is back in Europe’s sails”.Juncker’s optimism appeared to match the view from Greece, the currency ...
Even German carmakers won’t save us from a hard Brexit image
Source : Guardian [Read Article] Saturday 16th of September 2017 03:00:15 PM
There is a shared belief among Leavers and Remainers to the effect that when the Brexit cliff-edge comes into view, London and Brussels will hatch a face-saving compromise.It’s not entirely clear what kind of gleaming alloy can be forged from the fire of claim and counterclaim ...
The eurozone strikes back – why Europe is booming again image
Source : Guardian [Read Article] Saturday 16th of September 2017 03:00:15 PM
It was a story few predicted: the eurozone is growing faster than the United States. When Jean-Claude Juncker gave his annual state of the union speech on Wednesday last week, Europe’s booming economy was near the top of his list. Ten years since the crisis struck, ...
Black Friday 2017 Date: This is when shoppers will get Amazon, Argos, Tesco best deals image
Source : Daily Express [Read Article] Saturday 16th of September 2017 01:50:00 PM
Black Friday special throws up some of the best deals of the year on the must-have technology and gadgets - giving shoppers the chance to make big savings on Christmas gifts. The growing US-imported sales phenomenon means that in 2017, November is set to overtake December ...
Blue Bottle Coffee sells to Nestlé – so has it sold out? image
Source : Guardian [Read Article] Saturday 16th of September 2017 11:00:10 AM
“They sold out to the man,” said Ben Christiansen, outside the Blue Bottle coffee shop on West 15th St in Manhattan on Friday. “But I don’t know if I’ll stop coming here just yet.”When Nestlé announced it had acquired a 68% stake in Blue Bottle Coffee ...
Christian Candy reshuffles assets worth more than £300m in a year image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
The controversial property mogul Christian Candy, whose luxury developments attracted some of the highest prices ever paid for London real estate, has sold and mortgaged assets worth an estimated £340m in less than a year.The sum is a significant part of the £600m joint fortune Christian ...
Nuclear power plants may not keep Britain's lights on, say Lib Dems image
Source : Guardian [Read Article] Saturday 16th of September 2017 07:00:05 AM
New nuclear power stations may not be the best option for keeping Britain’s lights on and meeting the country’s carbon targets, the Liberal Democrats have said.The party said there were legitimate concerns over nuclear’s cost and the risks it would not be delivered on time, just ...
How photography became the hottest new investment choice image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
The Art Institute of Chicago is one of the world’s great galleries. Visitors flock to see Edward Hopper’s Nighthawks and Grant Wood’s American Gothic, two of the most recognisable images in modern American art. But what has stunned art collectors is that a photograph of visitors ...
Our home has become a star attraction for films, TV shows and magazines image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
Graham and Jo Atkins-Hughes started hiring out their home for photo and film shoots about 15 years ago when they sensed a new trend.“People started shooting what is now referred to as lifestyle photography – with less set-up, houses that looked real,” he recalls. “We were ...
The elderly could do with a national wealthcare service image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
I spoke to the daughter of an 83-year-old woman this week who has never used a cash machine. She has never set up a direct debit or standing order. She has certainly never used contactless. But she has full mental capacity. It’s just that after 60 ...
Is it worth getting a garden office? image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
Every week a Guardian Money reader submits a question, and it’s up to you to help him or her out – a selection of the best answers will appear in next Saturday’s paper.This week’s question:I want to spend about £25,000 on a garden office, which I’ll ...
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Over-55s take out £8m a day from their homes image
Source : Guardian [Read Article] Saturday 16th of September 2017 06:00:04 AM
Equity release is booming, with older people withdrawing almost £8m a day from their homes, it emerged this week. And there are more schemes than ever available to over-55s looking to unlock the value tied up in their property so they can, for example, pay off ...
Ryanair cancels 40 to 50 flights a day for staff to go on holiday image
Source : Guardian [Read Article] Saturday 16th of September 2017 01:26:44 AM
Ryanair has announced it will cancel 40 to 50 flights a day for the next six weeks due to a backlog of staff leave.The budget airline says the measure is designed to improve punctuality, which has fallen below 80% in the first two weeks of September.Some ...
Social media stars face crackdown over money from brands image
Source : Guardian [Read Article] Friday 15th of September 2017 11:26:40 PM
Consumer protection bodies in the UK and US are increasing their crackdown on Instagram “influencers”, in an attempt to rein in the big business being done covertly on social media.Instagram’s popularity with young people, and women in particular – in April it reported 700 million members ...

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