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Socially Most Trending News

.... . They show fuel and food prices are rising, a situation not helped by the fall in the value of the pound, which makes imports more expensive. ... [Read full article on BBC ]
Tuesday 21st of March 2017 09:34:06 AM
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....RDG chief executive Paul Plummer said there had been a "capacity crunch" for years as passenger demand increased. "That's why we're delivering billions of pounds of improvements and reversing decades of under-investment. ... [Read full article on BBC ]
Monday 20th of March 2017 12:00:48 AM
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....". Ahead of the 2014 referendum, ratings agency Fitch warned that plans for an independent Scotland to continue use of the pound without shared fiscal and banking union with the UK could risk "high volatility and market turbulence". ... [Read full article on BBC ]
Monday 20th of March 2017 09:34:16 PM
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....The RMT said it stands by comments made in January by the union's general secretary, Mick Cash, who warned that Britain's rail network was being sold off like it was a "dodgy car boot sale". "The checks and balances for both passengers and the taxpayer, which the DfT claims are enshrined in its multi-million pound franchising programme, are clearly lacking when the winning bidder can simply walk away, share out its responsibilities and choose its replacement whenever it sees fit," he said. ... [Read full article on BBC ]
Tuesday 21st of March 2017 01:51:10 PM
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....66 by the end of 2016, after allowing for inflation. This would have required any income to be reinvested each month - to make the most of compounding over time. ... [Read full article on BBC ]
Friday 17th of March 2017 10:03:18 PM
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. Forget multimillion-pound luxury flats on the Thames or gleaming towers overlooking Hyde Park, some of the most sought-after property investments are now student halls of residence. ... [Read full article on Guardian ]
Thursday 16th of March 2017 03:40:59 PM
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....Officials said Britain had its biggest presence yet at the Mipim conference, with its adverts dominating the entrance to the conference centre. Cities including London, Manchester and Leeds, along with the Midlands and dozens of other regions and local authorities spent hundreds of thousands of pounds on stands to try to attract investment from global developers and investment funds. ... [Read full article on Guardian ]
Thursday 16th of March 2017 06:42:56 PM
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....The Bank caught "markets off guard" as it "was expected to be a dud of a meeting," he added. The surprise was reflected in the currency markets, where the pound turned losses against the dollar into a 0. ... [Read full article on BBC ]
Thursday 16th of March 2017 12:38:45 PM
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....The ads help fund payments to the people who post the videos, with every 1,000 clicks worth about £6. Brittin insisted the sums involved had been “pennies not pounds” but admitted “clearly we need to do more on that”. ... [Read full article on Guardian ]
Monday 20th of March 2017 12:23:08 PM
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....The trust issues its findings amid growing worries over a squeeze on living standards from sluggish pay growth and rising inflation. The pressures on households stem partly from Brexit worries knocking the pound lower and raising the price of imports to the UK. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:30:27 AM
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....2%. The higher-than-expected duty rise, coupled with increased costs for bottles, packaging and fuel because of the pound’s slump since the EU referendum, is understood to be behind the Heineken’s decision to ask for higher prices. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:07:10 PM
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. Kingfisher, the B&Q and Screwfix owner, has reported sharply higher profits, boosted by resilient sales in the UK and a weaker pound. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 09:18:25 AM
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....According to polling data from YouGov, 75% of 18- to 24-year-olds voted to remain in the EU. Three-quarters of the millionaires surveyed by UBS said they thought Brexit would have a positive impact on the overall UK economy in the long term, despite the collapse in the value of the pound since the referendum and concerns that it may be more difficult for the UK to trade goods and service after it leaves the EU. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:35:35 AM
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....”. A third rail source says: “This makes a stack of sense – for every ‘x’ number of pounds on a contract, there should be a British apprentice created. ... [Read full article on Guardian ]
Saturday 18th of March 2017 04:00:43 PM
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....”. The pound strengthened after news of the split decision as traders took it as a sign that interest rates could be raised sooner than previously thought. ... [Read full article on Guardian ]
Thursday 16th of March 2017 12:10:58 PM
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....The city’s tumble down the Economist Intelligence Unit (EIU) world rankings is almost entirely due to the Brexit-inspired 15% fall in the value of sterling since the EU referendum last year. The pound’s fall has made prices in London much cheaper for foreign visitors, although not for local residents who earn their incomes in sterling. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 07:00:07 AM
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.... That was double the rate in the previous month, but we’re not talking about the 5% within six months that his predecessor, Justin King, forecast four months ago for the entire industry. King’s argument was that, since 40% to 50% of food in supermarkets is imported, a 5% increase in prices would be required to compensate for the 10% fall in the pound since the referendum. ... [Read full article on Guardian ]
Thursday 16th of March 2017 07:38:27 PM
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. The FTSE 100 closed down amid worries over the impact of a stronger pound and concerns that US President Donald Trump faces opposition to promised reforms. ... [Read full article on BBC ]
Tuesday 21st of March 2017 09:06:16 AM
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....3% in February took inflation above the Bank of England’s 2% target and immediately raised expectations on financial markets that the Bank could raise interest rates sooner than previously thought to keep price rises in check. The pound strengthened against the dollar to hit a three-week high of $1. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 11:27:08 AM
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....Lawyers in the UK action will claim British drivers should be compensated because they paid more for what they thought were clean diesel cars. Each motorist is seeking thousands of pounds in compensation. ... [Read full article on Guardian ]
Monday 20th of March 2017 10:27:25 AM
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....“Traditional publishers are setting the prices, which limits our ability as a retailer to discount or run price promotions,” he said. “One of the things that attracts people to ebooks is their affordability and people’s ability to take that pound they have for reading and stretch it further. ... [Read full article on Guardian ]
Friday 17th of March 2017 06:08:41 PM
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....The company added that the housing market in London and the South East had now "stabilised" since the post-Brexit vote fall in sales. On the currency markets, the pound was up 0. ... [Read full article on BBC ]
Friday 17th of March 2017 08:52:07 AM
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. The value of the pound slipped as the government said it would officially notify the European Union next Wednesday that the UK is leaving. ... [Read full article on BBC ]
Monday 20th of March 2017 11:17:08 AM
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.... . City analysts have estimated such a cap could knock hundreds of millions of pounds off the profits of the major suppliers. ... [Read full article on BBC ]
Thursday 23rd of March 2017 06:49:47 AM
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....”. All retailers are under pressure from rising costs because of increases in business rates, the introduction of a minimum wage for over-25s and the fall in the value of the pound against the dollar, the currency in which many products are bought on the wholesale market. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 05:41:07 PM
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...."This is a classic risk-off move - people fly to safety, to the names that they know, as they reprice their fiscal policy outlook," said JP Morgan Asset Management's Alex Dryden. The pound was slightly higher against the dollar at $1. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 08:45:47 AM
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....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 impact of the weak British pound. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 12:02:50 AM
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.... Flashman was a renowned tout who claimed he could even get tickets for the Queen’s Garden Parties. The committee heard that fans who buy from Viagogo, sometimes for thousands of pounds, are being turned away from venues and events that ban resale. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 10:57:46 AM
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....In truth, of course, Carney is more concerned about inflation than his apparent nonchalance would suggest. A combination of a rebound in oil prices and the fall in the pound since the EU referendum has resulted in a steady increase in inflation since the middle of last year, and there are more price rises in the pipeline. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 04:10:01 PM
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Tuesday 21st of March 2017 08:23:50 AM
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Latest Finance News related to Pound

FTSE 100 dips despite boost from Next image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:31:43 AM
....Kingfisher reported a big rise in annual profits but gave a cautious outlook because of uncertainty surrounding Brexit and the French presidential elections. On the currency markets, the pound dipped 0. ...
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. ...
Energy price cap implications ominous, former regulators say image
Source : BBC [Read Article] Thursday 23rd of March 2017 06:49:47 AM
.... . City analysts have estimated such a cap could knock hundreds of millions of pounds off the profits of the major suppliers. ...
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
....”. All retailers are under pressure from rising costs because of increases in business rates, the introduction of a minimum wage for over-25s and the fall in the value of the pound against the dollar, the currency in which many products are bought on the wholesale market. ...
Driver warning: Four out of 10 motorists losing hundreds of pounds with THIS mistake image
.... One in ten don't even check the price of their new policy, research by the comparison site showed. Insurers automatically hike prices for loyal customers at renewal, raking in hundreds of pound extra from drivers who sign up without shopping around for quotes. ...
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
....2%. The higher-than-expected duty rise, coupled with increased costs for bottles, packaging and fuel because of the pound’s slump since the EU referendum, is understood to be behind the Heineken’s decision to ask for higher prices. ...
UK households most downbeat about finances since 2013 image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:35:41 PM
....People living in the east Midlands were the most downbeat about their financial prospects, followed by those in the north-east and London. Inflation has picked up sharply in recent months as the weak pound has pushed up the cost of imported goods. ...
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. ...
London's leading shares lose ground image
Source : BBC [Read Article] Wednesday 22nd of March 2017 08:45:47 AM
...."This is a classic risk-off move - people fly to safety, to the names that they know, as they reprice their fiscal policy outlook," said JP Morgan Asset Management's Alex Dryden. The pound was slightly higher against the dollar at $1. ...
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
....According to polling data from YouGov, 75% of 18- to 24-year-olds voted to remain in the EU. Three-quarters of the millionaires surveyed by UBS said they thought Brexit would have a positive impact on the overall UK economy in the long term, despite the collapse in the value of the pound since the referendum and concerns that it may be more difficult for the UK to trade goods and service after it leaves the EU. ...
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 trust issues its findings amid growing worries over a squeeze on living standards from sluggish pay growth and rising inflation. The pressures on households stem partly from Brexit worries knocking the pound lower and raising the price of imports to the UK. ...
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 impact of the weak British pound. ...
Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
.... . Coulthurst adds: “It may cost only a few pounds extra and you know your holiday budget up front. ...
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
....”. Pension contributions have decades to benefit from compound interest. ...
City minister in right and proper pickle over financial crime image
Source : Guardian [Read Article] Tuesday 21st of March 2017 04:53:03 PM
.... Having recently been relieved of any involvement in Brexit after everyone realised he was hopelessly out of his depth, the Treasury was conducting a process of elimination to discover if there was anything he could do well. On the basis of his answers to an urgent question from Labour on the Guardian’s allegations about British banks processing billions of pounds of dirty Russian money, the answer might well be nothing. ...
UK wages will soon lag behind prices – will the Bank take action? | Larry Elliott image
....In truth, of course, Carney is more concerned about inflation than his apparent nonchalance would suggest. A combination of a rebound in oil prices and the fall in the pound since the EU referendum has resulted in a steady increase in inflation since the middle of last year, and there are more price rises in the pipeline. ...
Abellio deal: Japanese firm Mitsui completes 40% Greater Anglia sale image
....The RMT said it stands by comments made in January by the union's general secretary, Mick Cash, who warned that Britain's rail network was being sold off like it was a "dodgy car boot sale". "The checks and balances for both passengers and the taxpayer, which the DfT claims are enshrined in its multi-million pound franchising programme, are clearly lacking when the winning bidder can simply walk away, share out its responsibilities and choose its replacement whenever it sees fit," he said. ...
Carney: Bank of England deputy should not have quit for 'honest mistake' image
....“For those who have questioned whether we get it, we do. We know this honest mistake was also a serious mistake, one that was compounded by the fact that Charlotte Hogg had overseen the development of our new code. ...
Rising food and fuel prices hoist UK inflation rate to 2.3% image
Source : Guardian [Read Article] Tuesday 21st of March 2017 11:27:08 AM
....3% in February took inflation above the Bank of England’s 2% target and immediately raised expectations on financial markets that the Bank could raise interest rates sooner than previously thought to keep price rises in check. The pound strengthened against the dollar to hit a three-week high of $1. ...
Viagogo snubs MPs' inquiry into online ticket reselling image
Source : Guardian [Read Article] Tuesday 21st of March 2017 10:57:46 AM
.... Flashman was a renowned tout who claimed he could even get tickets for the Queen’s Garden Parties. The committee heard that fans who buy from Viagogo, sometimes for thousands of pounds, are being turned away from venues and events that ban resale. ...
Pound's jump unsettles London shares image
Source : BBC [Read Article] Tuesday 21st of March 2017 09:06:16 AM
UK inflation jumps to 2.3% in February, pushing the pound higher - as it happened image
...
Related to :
London 'cheaper than New York or Tokyo' after pound's Brexit plunge image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:07 AM
....The city’s tumble down the Economist Intelligence Unit (EIU) world rankings is almost entirely due to the Brexit-inspired 15% fall in the value of sterling since the EU referendum last year. The pound’s fall has made prices in London much cheaper for foreign visitors, although not for local residents who earn their incomes in sterling. ...
Lord King: Scotland 'could be independent' image
Source : BBC [Read Article] Monday 20th of March 2017 09:34:16 PM
....". Ahead of the 2014 referendum, ratings agency Fitch warned that plans for an independent Scotland to continue use of the pound without shared fiscal and banking union with the UK could risk "high volatility and market turbulence". ...
Jamie Oliver to launch new show as part of deal with Channel 4 image
Source : Guardian [Read Article] Monday 20th of March 2017 03:41:50 PM
. Jamie Oliver has struck a new multimillion-pound “golden handcuffs” deal with Channel 4, including a new TV series, that will tie him exclusively to the broadcaster for the next three years. ...
Car insurance prices set to jump by up to £1,000 from TODAY image
Source : Daily Express [Read Article] Monday 20th of March 2017 03:02:00 PM
. Young and old drivers are expected to be worst impacted and face paying hundreds of pounds more for policies, as they cause the extra costs for payouts, according to experts. ...
Head of Google Europe apologises over ads on extremist content image
Source : Guardian [Read Article] Monday 20th of March 2017 12:23:08 PM
....The ads help fund payments to the people who post the videos, with every 1,000 clicks worth about £6. Brittin insisted the sums involved had been “pennies not pounds” but admitted “clearly we need to do more on that”. ...
Pound slips on Article 50 date image
Source : BBC [Read Article] Monday 20th of March 2017 11:17:08 AM
. The value of the pound slipped as the government said it would officially notify the European Union next Wednesday that the UK is leaving. ...
Thousands join UK legal case against VW over emissions scandal image
Source : Guardian [Read Article] Monday 20th of March 2017 10:27:25 AM
....Lawyers in the UK action will claim British drivers should be compensated because they paid more for what they thought were clean diesel cars. Each motorist is seeking thousands of pounds in compensation. ...
Rail industry promises 6,400 extra services image
Source : BBC [Read Article] Monday 20th of March 2017 12:00:48 AM
....RDG chief executive Paul Plummer said there had been a "capacity crunch" for years as passenger demand increased. "That's why we're delivering billions of pounds of improvements and reversing decades of under-investment. ...
The five best ISA funds that have thrashed the market image
Source : Daily Express [Read Article] Sunday 19th of March 2017 10:22:00 AM
.... . Helal Miah, investment research analyst at The Share Centre, is an admirer: “With 95 per cent of its holdings in international stocks, it has benefited from the weaker pound post Brexit, but performance could slip if sterling strengthens or the US market dips. ...
Rising food costs - what's that got to do with the price of Brexit? image
Source : Guardian [Read Article] Sunday 19th of March 2017 07:00:01 AM
....The expression “what’s that got to do with the price of [insert foodstuff here]?” is supposed to be a put-down riposte to some irrelevant statement, but it has become one of the pressing economic questions of the day. The Brexit vote has weakened the pound which, in turn, is pushing prices up as the cost of imports rise. ...
A ‘jobs miracle’ that leaves millions worse off | Observer editorial image
....This insecurity means that many families are living an incredibly precarious existence: if economic growth were to dip, there are millions of workers who could effectively be laid off at a moment’s notice. This is playing out against a backdrop of declining living standards for low-income families, as sluggish earnings growth is being compounded by significant cuts to tax credits and benefits in the coming years. ...
Grayling hopes Brexit brings new apprenticeships in train image
Source : Guardian [Read Article] Saturday 18th of March 2017 04:00:43 PM
....”. A third rail source says: “This makes a stack of sense – for every ‘x’ number of pounds on a contract, there should be a British apprentice created. ...
Rising prices set to push inflation over 2% Bank of England target image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
. Rising food and fuel costs are expected to have pushed inflation to its highest level in more than three years when official figures are released on Tuesday, underscoring the impact of the Brexit-battered pound on prices in the shops. ...
'Brothers bling': lawsuit puts Nick and Christian Candy in spotlight image
Source : Guardian [Read Article] Saturday 18th of March 2017 09:00:35 AM
.... Kylie Minogue’s name has featured. A Candy commission to redecorate the singer’s apartment was said to have over-run by half a million pounds, but she apparently settled the £1. ...
New bombshell for self-employed: pay 400% more NICs… or lose state pension image
....Another Guardian reader got in touch to say that “nobody in the media” seems to have picked up on this, adding that many of the low-earners affected “will be people starting up and being self-employed for the first time, or those who can only work part-time because, perhaps, they have caring commitments for children, sick or elderly family members, or they work in low-paid sectors like the arts”. Can it be true that the government is really hammering people earning just a few thousand pounds a year in this way? We asked the Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation, and its technical director Robin Williamson confirmed this was the case. ...
What a £1 coin could have made since 1983 image
Source : BBC [Read Article] Friday 17th of March 2017 10:03:18 PM
....66 by the end of 2016, after allowing for inflation. This would have required any income to be reinvested each month - to make the most of compounding over time. ...
Paperback fighter: sales of physical books now outperform digital titles image
....“Traditional publishers are setting the prices, which limits our ability as a retailer to discount or run price promotions,” he said. “One of the things that attracts people to ebooks is their affordability and people’s ability to take that pound they have for reading and stretch it further. ...
FTSE 100 closes at another record high image
Source : BBC [Read Article] Friday 17th of March 2017 08:52:07 AM
....The company added that the housing market in London and the South East had now "stabilised" since the post-Brexit vote fall in sales. On the currency markets, the pound was up 0. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
.... That was double the rate in the previous month, but we’re not talking about the 5% within six months that his predecessor, Justin King, forecast four months ago for the entire industry. King’s argument was that, since 40% to 50% of food in supermarkets is imported, a 5% increase in prices would be required to compensate for the 10% fall in the pound since the referendum. ...
UK for sale? Ministers woo world's property developers in Cannes image
Source : Guardian [Read Article] Thursday 16th of March 2017 06:42:56 PM
....Officials said Britain had its biggest presence yet at the Mipim conference, with its adverts dominating the entrance to the conference centre. Cities including London, Manchester and Leeds, along with the Midlands and dozens of other regions and local authorities spent hundreds of thousands of pounds on stands to try to attract investment from global developers and investment funds. ...
Interest rate rise is further away than MPC vote suggests image
Source : Guardian [Read Article] Thursday 16th of March 2017 05:50:07 PM
.... Minutes of the MPC meeting said that it wouldn’t take a lot more inflationary pressure for some members to join her in pressing for a tighter stance. That was the cue for a rally in the pound as the financial markets contemplated interest rates being raised sooner than expected. ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
. Forget multimillion-pound luxury flats on the Thames or gleaming towers overlooking Hyde Park, some of the most sought-after property investments are now student halls of residence. ...
UK interest rates kept on hold at 0.25% image
Source : BBC [Read Article] Thursday 16th of March 2017 12:38:45 PM
....The Bank caught "markets off guard" as it "was expected to be a dud of a meeting," he added. The surprise was reflected in the currency markets, where the pound turned losses against the dollar into a 0. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
....”. The pound strengthened after news of the split decision as traders took it as a sign that interest rates could be raised sooner than previously thought. ...
Sainsbury's warns over 'uncertain' impact of pound's Brexit slide image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:22:39 AM
. Sainsbury’s has warned that the impact of cost pressures from the post-Brexit vote decline in the pound remains uncertain as it reported a slight fall in sales at its supermarkets. ...
Ian and Greg Chappell call on Adani to abandon Carmichael mine project image
Source : Guardian [Read Article] Thursday 16th of March 2017 01:46:56 AM
....The AMCS campaigner Imogen Zethoven said the mine would put the reef in peril in coming decades, as it suffers another mass bleaching event after its worst-ever bleaching in 2016 which killed nearly a quarter of its coral. One of Australia’s foremost experts on the reef, Terry Hughes, has also called for the scrapping of the Adani mine, saying it could potentially compound risks to the reef in its weakened state. ...
Over-55s urged to wise up on pension advice image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 10:43:00 PM
....Deciding what to do with your pension is one of the most important decisions of your life, yet new research shows most people plan to go it alone. This could trigger a “mis-buying” crisis as people make poor decisions, often losing many thousands of pounds, pension experts have warned. ...
Bye round pound image
Source : BBC [Read Article] Wednesday 15th of March 2017 03:04:47 PM
. The new £1 coin comes into circulation this month, signalling the beginning of the end for the round pound, which will be completely phased out by 15 October. ...
UK unemployment falls to joint lowest rate since 1975 but wages stall image
Source : Guardian [Read Article] Wednesday 15th of March 2017 11:27:55 AM
....”. Household finances are expected to come under increasing pressure in 2017, as the sharp fall in the value of the pound since the Brexit vote increasingly feeds through to higher prices for consumer goods. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....Inheritance tax is charged at a punitive 40 per cent on assets above £325,000, although married couples can double that exemption to £650,000. Many families now face a bill for tens of thousands of pounds, thanks to rising house prices and buoyant stock markets. ...
Britons pay almost £2billion in extra inheritance tax over next five years image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 12:01:00 AM
....Inheritance tax is charged at a punitive 40 per cent on assets above £325,000, although married couples can double that exemption to £650,000. Many families now face a bill for tens of thousands of pounds, thanks to rising house prices and buoyant stock markets. ...
Ikea drivers living in trucks for months image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:00:20 AM
....Lorry drivers moving goods in Western Europe for Ikea and other retailers are living out of their cabs for months at a time, a BBC investigation has found. Some drivers - brought over from poorer countries by lorry firms based in Eastern Europe - say their salary is less than three pounds an hour. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
.... . Following the vote for the UK to leave the European Union, and the subsequent fall in the value of the pound, those concerns have re-emerged. ...
Channel 4 chief executive David Abraham to stand down image
Source : Guardian [Read Article] Tuesday 14th of March 2017 03:30:33 PM
....Abraham has also had to deal with rebuilding the broadcaster, both financially and creatively, after the high-rating and hugely profitable Big Brother was axed just before his arrival. Channel 4 had come to rely on the show, which in its heyday hauled in audiences of up to 8 million and made tens of millions of pounds in profits, but the reality series had become too toxic to fit in with its public service remit. ...
UK inflation basket: gin and cycling helmets dropped in image
Source : Guardian [Read Article] Tuesday 14th of March 2017 11:31:07 AM
....8%. It is expected to rise in the coming months as the impact of the sharp drop in the value of the pound since the Brexit vote feeds through into prices. ...
FTSE 100 slips after Brexit jitters image
Source : BBC [Read Article] Tuesday 14th of March 2017 09:57:01 AM
Energy costs to soar as Big Six companies turn up the heat image
Source : Daily Express [Read Article] Tuesday 14th of March 2017 08:01:00 AM
.... . This will add more than half a billion pounds to the nation’s collective energy bill, with suppliers claiming that wholesale energy price rises are to blame. ...
UK economy will grow more strongly than expected, says BCC image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:01:15 AM
....A number of forecasters have raised their outlook UK growth for this year, notably:. The BCC’s outlook chimed with warnings from thinktanks and anti-poverty campaigners that the pound’s weakness since the Brexit vote will stoke inflation this year as it makes imports to the UK more expensive. ...
The Scottish economy has strengths – but could it make a success of independence? | Larry Elliott image
....An ageing population means demands on the public finances are certain to increase in the years ahead, although an independent Scotland could mitigate these problems – in the short term at least – by adopting a more liberal approach to immigration than the rest of the UK. Another key decision for Sturgeon is whether an independent Scotland should have its own currency, shadow the pound or – assuming it is allowed to become an EU member – sign up to join the euro. ...
Petrol price war sparked as supermarket SLASHES fuel costs amid tumbling oil prices image
.... AA spokesman Luke Bosdet said: "A fall in the oil price from above $55 a barrel to below $52 is now working its way through to the pump. "However, with the pound’s exchange rate with the dollar remaining volatile, where pump prices eventually end up remains uncertain. ...
UK shares lifted by takeover news image
Source : BBC [Read Article] Monday 13th of March 2017 09:09:59 AM
....6%, while Anglo American, Rio Tinto and Antofagasta also saw strong gains. On the currency markets, the pound rose 0. ...
'LED street lights are disturbing my sleep' image
Source : BBC [Read Article] Monday 13th of March 2017 12:41:48 AM
....". Then there are the environmental benefits: "We estimate that in the District of Columbia by switching our 71,000 street lights over to LEDs we can save upwards of 30 million pounds (13,600 tonnes) of coal a year, in electricity we won't be using for the lights," he says. ...
HSBC appoints AIA boss Mark Tucker as new chairman image
Source : BBC [Read Article] Sunday 12th of March 2017 11:19:23 PM
....The banking industry has been hampered by the extended period of very low interest rates, which makes lending money less profitable. For HSBC, that problem has been compounded by its move into less risky areas of banking since the financial crisis which started in 2007. ...
Green Investment Bank sell-off racks up at least £1m in fees image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:10:32 PM
....MPs condemned what they called an unnecessary waste of public money. Caroline Lucas, co-leader of the Green party said: “It’s outrageous that the government has ploughed a million pounds of taxpayers’ money into consultancy for a privatisation that simply shouldn’t be happening in the first place. ...
Ivy restaurant spin-off accused of hogging service charge image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:08:46 PM
....”. However, Dave Turnbull, regional officer of Unite, which has led a long-running campaign against unfair handling of service charges and tips, said the Ivy Collection group could be saving millions of pounds a year by using the 12. ...
Five minute guide to getting the most form home sale image
Source : Daily Express [Read Article] Sunday 12th of March 2017 01:48:00 PM
.... . However, presenting your property in the best possible light and finding the right agent could add a few thousand pounds to your profits. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
....Coupled with more relaxed immigration rules, Atzmon says this would ensure Israeli tech firms will come to a UK where tech “knowledge is not overflowing outside of London”. Israel’s phenomenal expertise in cybersecurity will particularly interest British negotiators, given the National Crime Agency confirmed last year that cybercrime is costing the UK economy “billions of pounds per annum”. ...
Budget 2017: tax on dividends will be a raid on 2 million small investors image
....6bn tax raid on more than 2 million people, many of whom are “ordinary investors” who have turned to the stock market because interest rates are so low. Those affected will typically have to pay several hundred pounds more in tax each year on the dividend income they receive from their shares-based investments – though some with large portfolios could face an annual “hit” of £1,000-plus. ...
Why are Britain’s new homes built so badly? image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:27 AM
.... NHBC says in about half of the homes where it provides warranty, building control is carried out by another body, usually the local authority. Questions have been raised over NHBC’s independence after it emerged that the organisation pays millions of pounds to housebuilders every year. ...
The Falklands war hero fighting for his state pension image
Source : Guardian [Read Article] Saturday 11th of March 2017 06:59:27 AM
.... Campaigners say the policy is discriminatory and inhumane. Some of the oldest expat pensioners have payouts frozen at just a few pounds a week. ...

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