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Socially Most Trending News

Lloyd's of London says it will establish a new European subsidiary in Brussels to avoid losing business when the UK leaves the EU.The 329-year-old insurance market confirmed the plan as it released its latest annual results."A subsidiary office will be opened in Brussels with the intention ... [Read full article on BBC ]
Thursday 30th of March 2017 06:28:20 AM
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Charging coffee drinkers for their disposable cups could cut their use by up to 300 million a year in the UK, according to new research.Academics at Cardiff University tested a series of measures to tackle coffee cup waste and encourage the use of reusable cups.Report author ... [Read full article on BBC ]
Thursday 30th of March 2017 08:31:37 AM
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Poundland is to put value fashion into more than 100 stores by the end of the year as it tries to step into the gap on the high street once filled by Woolworths.The chain, which was bought by the South African group Steinhoff International for £610m ... [Read full article on Guardian ]
Wednesday 29th of March 2017 05:34:00 PM
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Philip Moulin intently studies the label on a bottle of expensive wine with a magnifying glass.He then shines a blue ultraviolet light at the bottle, before picking it up and weighing it in his hands."Counterfeit bottles can often be much lighter," he says.Mr Moulin is standing ... [Read full article on BBC ]
Wednesday 29th of March 2017 11:00:24 PM
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Lloyd’s of London aims to have a new Brussels office up and running by the middle of next year, after the insurance market failed in its efforts to secure “passporting” rights for financial companies to conduct business across the EU after Brexit.The world’s biggest insurance market ... [Read full article on Guardian ]
Thursday 30th of March 2017 07:04:46 AM
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Thursday 30th of March 2017 07:31:45 AM
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The Bank of England is to consider using palm oil in the production of the new £20 note, following criticism of the use of animal fats in the plastic £5.The new £20 note is due to be introduced by 2020, but the tender for production has ... [Read full article on BBC ]
Thursday 30th of March 2017 09:30:14 AM
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Oscars organisers are to continue using accountancy firm PricewaterhouseCoopers (PwC) despite the best film mix-up. PwC had taken responsibility for the "unacceptable" mistake which saw La La Land wrongly announced as the winner instead of Moonlight, the Academy said.Its president, Cheryl Boone Isaacs, wrote in a ... [Read full article on BBC ]
Thursday 30th of March 2017 08:00:22 AM
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The UK stock market reversed early gains, with the FTSE 100 share index down 19.20 points at 7,354.52 shortly after midday.SSE fell 1.8% after the energy firm said operating profits for 2016-17 at its retail unit were expected to fall.Shares in Marks and Spencer were down ... [Read full article on BBC ]
Thursday 30th of March 2017 08:32:29 AM
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Incentives such as a tax on disposable coffee cups or free reuseable replacements could help cut the number thrown away in the UK every year by between 50m and 300m, according to new research.An estimated 2.5bn throwaway coffee cups are used in the UK every year ... [Read full article on Guardian ]
Thursday 30th of March 2017 06:39:20 AM
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The new boss of John Lewis says the department store needs reinventing for a new generation of shoppers. Paula Nickolds is the first female managing director of John Lewis, having worked her way up the ranks as a graduate trainee. "I've inherited a business in really ... [Read full article on BBC ]
Thursday 30th of March 2017 02:22:34 PM
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Toshiba's management has come under fierce criticism from shareholders, despite investors approving plans to sell its valuable memory chip unit.The company needs money to plug a gaping hole at its US nuclear unit Westinghouse, which filed for bankruptcy protection on Wednesday. Due to the woes at ... [Read full article on BBC ]
Thursday 30th of March 2017 07:41:02 AM
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The City regulator has set out measures to tackle fraudulent payments on contactless cards which have been reported lost or stolen.In a letter to the Treasury select committee, published on Thursday, the Financial Conduct Authority (FCA) said consumer losses on contactless payments were relatively small but ... [Read full article on Guardian ]
Thursday 30th of March 2017 09:13:12 AM
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Johnston Press, publisher of The Scotsman, Yorkshire Post and 'i', has announced a pre-tax loss for last year of £300m.The valuation of its titles has been slashed in two tranches over the past year.With its half-year results, it announced a write-down of £224m. To that, it ... [Read full article on BBC ]
Thursday 30th of March 2017 07:28:23 AM
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Q My husband and I are considering severing our joint tenancy and becoming tenants in common. We would be doing this to protect our children’s inheritance. I believe that by doing this we can give our shares of the property to our daughters, but remain in ... [Read full article on Guardian ]
Thursday 30th of March 2017 06:00:19 AM
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A US footwear company has sparked outrage among consumers and campaign groups over a range of high heeled shoes for babies.Pee Wee Pumps, which makes soft shoes for infants, describes its products as "cool" and "diva defining".But pictures of the fashion range posted online have led ... [Read full article on BBC ]
Thursday 30th of March 2017 10:39:24 AM
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With Star Trek Beyond failing to hit warp speed and Zoolander 2 and Ben-Hur bonafide box office bombs, Paramount racked up one of its biggest losses last year.The $455m (£365m) loss, the worst in the 12 years Paramount Pictures had been run by Brad Grey, prompted ... [Read full article on Guardian ]
Thursday 30th of March 2017 12:13:26 PM
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The US economy grew faster than initially estimated in the final months of 2016, the latest figures show.The economy grew at an annualised pace of 2.1% in the fourth quarter of the year, the Commerce Department said, up from an earlier estimate of 1.9%.Consumer spending, which ... [Read full article on BBC ]
Thursday 30th of March 2017 12:51:24 PM
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Swedish fashion company H&M will launch its eighth fashion brand later this year, with the first outlet opening in London this autumn.The new brand, Arket, will provide "simple, timeless and functional designs" including clothes for adults and children, and household products. It will sit in a ... [Read full article on BBC ]
Thursday 30th of March 2017 02:45:31 PM
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JP Morgan is in talks to buy an office building in Dublin big enough to hold more than 1,000 workers, increasing speculation that it will move jobs from London as a result of Brexit.The US investment bank is in talks to buy a building in Dublin’s ... [Read full article on Guardian ]
Thursday 30th of March 2017 01:06:02 PM
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The chief executive of Lloyd's of London has said that only "tens of staff" will be moved from London to its planned hub in Brussels. Inga Beale told the BBC's Sally Bundock that the vast majority of its business will remain in London after Brexit. ... [Read full article on BBC ]
Thursday 30th of March 2017 07:31:29 AM
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On every table in the modern concrete atrium, corks were popping as representatives of the main producers in the 300-year-old French champagne industry gathered for their annual London tasting. But the atmosphere was far from celebratory.The biggest brands in the champagne market, from Moët & Chandon ... [Read full article on Guardian ]
Thursday 30th of March 2017 09:22:51 AM
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Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed.The new 12-sided £1 coin launches – but you may not be able to use itCouncil tax bills to rise in nine out of ... [Read full article on Guardian ]
Thursday 30th of March 2017 01:17:45 PM
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Booker, the wholesaler behind convenience store brands including Budgens and Londis, which is the target of a £3.7bn takeover by Tesco, has suffered a sharp fall in tobacco sales after a ban on displaying cigarette packets in shops.Booker, which supplies 125,000 UK convenience stores, said tobacco ... [Read full article on Guardian ]
Thursday 30th of March 2017 07:50:20 AM
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The boss of one of Britain’s biggest energy companies has hit out at the prospect of a price cap on bills after Theresa May promised to step in to fix a market that is “manifestly not working for all consumers”.Alistair Phillips-Davies, chief executive of SSE, said ... [Read full article on Guardian ]
Thursday 30th of March 2017 12:51:29 PM
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One in four low-income households struggles to eat regularly or healthily because of a lack of money, according to the first substantial survey into the scale of food insecurity in the UK.The survey showed that food insecurity was more highly concentrated among the unemployed, over a ... [Read full article on Guardian ]
Thursday 30th of March 2017 01:42:08 PM
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BA recently introduced a new food policy on its short-haul economy service. It advertised the fact that travellers now have to pay for on-board food as a great step forward, particularly as there would be a choice of Marks & Spencer goodies.The service just does not ... [Read full article on Guardian ]
Thursday 30th of March 2017 06:00:19 AM
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If you’re still mourning David Bowie, and want something to remember him by, then there’s one unique piece of Bowie memorabilia you might be interested in. The only drawback? It will cost you the thick end of $6.5m.The item in question is David Bowie’s old three-bedroom ... [Read full article on Guardian ]
Thursday 30th of March 2017 09:37:50 AM
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A former investment banker has been fined more than £37,000 for sharing confidential client information over the WhatsApp messaging service.The Financial Conduct Authority said it was fining Christopher Niehaus £37,198 over his failure to act with “due skill, care and diligence” in a bid to impress ... [Read full article on Guardian ]
Thursday 30th of March 2017 12:35:59 PM
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Latest Financial News

Financial fraud tops £768 million as impersonation scams and cyber attacks drive increase image
Among almost two million cases reported, impersonation and deception scams, as well as online attacks to compromise data, continued to be the primary drivers behind losses, with payment card fraud the fastest growing.Latest figures from payments industry body Financial Fraud Action reveal banks and card companies ...
Best cash ISAs 2017: THIS Building Society offers top rates before deadline image
Source : Daily Express [Read Article] Thursday 30th of March 2017 03:26:00 PM
ISA accounts in 2017 are among the least competitive in recent years after the Bank of England cut core interest rates to 0.25 per cent in August.However, there are still big differences between the best and worst paying cash accounts - so savers should make sure ...
Bank of England considers palm oil for £20 polymer notes image
Source : Guardian [Read Article] Thursday 30th of March 2017 03:14:28 PM
The Bank of England is mulling plans to replace the animal fat in its polymer bank notesto assuage complaints from vegans and religious groups.The Bank, however, risks running straight into another row, because the most practical alternative to animal fat, it says, is palm oil - ...
H&M to launch new 'more upmarket' fashion brand in London image
Source : BBC [Read Article] Thursday 30th of March 2017 02:45:31 PM
Swedish fashion company H&M will launch its eighth fashion brand later this year, with the first outlet opening in London this autumn.The new brand, Arket, will provide "simple, timeless and functional designs" including clothes for adults and children, and household products. It will sit in a ...
New John Lewis boss says department store needs reinventing image
Source : BBC [Read Article] Thursday 30th of March 2017 02:22:34 PM
The new boss of John Lewis says the department store needs reinventing for a new generation of shoppers. Paula Nickolds is the first female managing director of John Lewis, having worked her way up the ranks as a graduate trainee. "I've inherited a business in really ...
Poorest UK families struggle to put food on the table, survey finds image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:42:08 PM
One in four low-income households struggles to eat regularly or healthily because of a lack of money, according to the first substantial survey into the scale of food insecurity in the UK.The survey showed that food insecurity was more highly concentrated among the unemployed, over a ...
VW emissions ‘fix’ left our car undriveable, plus new £1 coin launches image
Hello and welcome to this week’s Money Talks – a roundup of the week’s biggest stories and some things you may have missed.The new 12-sided £1 coin launches – but you may not be able to use itCouncil tax bills to rise in nine out of ...
JP Morgan in talks to buy Dublin building that could hold 1,000 staff image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:06:02 PM
JP Morgan is in talks to buy an office building in Dublin big enough to hold more than 1,000 workers, increasing speculation that it will move jobs from London as a result of Brexit.The US investment bank is in talks to buy a building in Dublin’s ...
Energy price cap would damage competition, says SSE boss image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:51:29 PM
The boss of one of Britain’s biggest energy companies has hit out at the prospect of a price cap on bills after Theresa May promised to step in to fix a market that is “manifestly not working for all consumers”.Alistair Phillips-Davies, chief executive of SSE, said ...
US fourth-quarter growth rate revised up image
Source : BBC [Read Article] Thursday 30th of March 2017 12:51:24 PM
The US economy grew faster than initially estimated in the final months of 2016, the latest figures show.The economy grew at an annualised pace of 2.1% in the fourth quarter of the year, the Commerce Department said, up from an earlier estimate of 1.9%.Consumer spending, which ...
WhatsApp leak lands ex-investment banker with £37,000 fine image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:35:59 PM
A former investment banker has been fined more than £37,000 for sharing confidential client information over the WhatsApp messaging service.The Financial Conduct Authority said it was fining Christopher Niehaus £37,198 over his failure to act with “due skill, care and diligence” in a bid to impress ...
Paramount looks to Disney model to recover after string of flops image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:13:26 PM
With Star Trek Beyond failing to hit warp speed and Zoolander 2 and Ben-Hur bonafide box office bombs, Paramount racked up one of its biggest losses last year.The $455m (£365m) loss, the worst in the 12 years Paramount Pictures had been run by Brad Grey, prompted ...
Pee Wee Pumps: High heels for babies spark outrage image
Source : BBC [Read Article] Thursday 30th of March 2017 10:39:24 AM
A US footwear company has sparked outrage among consumers and campaign groups over a range of high heeled shoes for babies.Pee Wee Pumps, which makes soft shoes for infants, describes its products as "cool" and "diva defining".But pictures of the fashion range posted online have led ...
John, I'm only decorating: David Bowie's old apartment on sale for $6.5m image
Source : Guardian [Read Article] Thursday 30th of March 2017 09:37:50 AM
If you’re still mourning David Bowie, and want something to remember him by, then there’s one unique piece of Bowie memorabilia you might be interested in. The only drawback? It will cost you the thick end of $6.5m.The item in question is David Bowie’s old three-bedroom ...
Related to :
Bank of England considers palm oil for the new £20 note image
Source : BBC [Read Article] Thursday 30th of March 2017 09:30:14 AM
The Bank of England is to consider using palm oil in the production of the new £20 note, following criticism of the use of animal fats in the plastic £5.The new £20 note is due to be introduced by 2020, but the tender for production has ...
Champagne producers try to regain fizz as weak pound dents UK sales image
Source : Guardian [Read Article] Thursday 30th of March 2017 09:22:51 AM
On every table in the modern concrete atrium, corks were popping as representatives of the main producers in the 300-year-old French champagne industry gathered for their annual London tasting. But the atmosphere was far from celebratory.The biggest brands in the champagne market, from Moët & Chandon ...
Crackdown on contactless card security flaw welcomed by MPs image
Source : Guardian [Read Article] Thursday 30th of March 2017 09:13:12 AM
The City regulator has set out measures to tackle fraudulent payments on contactless cards which have been reported lost or stolen.In a letter to the Treasury select committee, published on Thursday, the Financial Conduct Authority (FCA) said consumer losses on contactless payments were relatively small but ...
FTSE 100 slides as sterling strengthens image
Source : BBC [Read Article] Thursday 30th of March 2017 08:32:29 AM
The UK stock market reversed early gains, with the FTSE 100 share index down 19.20 points at 7,354.52 shortly after midday.SSE fell 1.8% after the energy firm said operating profits for 2016-17 at its retail unit were expected to fall.Shares in Marks and Spencer were down ...
Coffee cup fee could cut use by 300 million, study suggests image
Source : BBC [Read Article] Thursday 30th of March 2017 08:31:37 AM
Charging coffee drinkers for their disposable cups could cut their use by up to 300 million a year in the UK, according to new research.Academics at Cardiff University tested a series of measures to tackle coffee cup waste and encourage the use of reusable cups.Report author ...
Oscars will still use accountant firm PwC despite envelopegate blunder image
Oscars organisers are to continue using accountancy firm PricewaterhouseCoopers (PwC) despite the best film mix-up. PwC had taken responsibility for the "unacceptable" mistake which saw La La Land wrongly announced as the winner instead of Moonlight, the Academy said.Its president, Cheryl Boone Isaacs, wrote in a ...
Tobacco display ban hits sales at Budgens and Londis owner image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:50:20 AM
Booker, the wholesaler behind convenience store brands including Budgens and Londis, which is the target of a £3.7bn takeover by Tesco, has suffered a sharp fall in tobacco sales after a ban on displaying cigarette packets in shops.Booker, which supplies 125,000 UK convenience stores, said tobacco ...
Toshiba shareholders angry as chip unit sale approved image
Source : BBC [Read Article] Thursday 30th of March 2017 07:41:02 AM
Toshiba's management has come under fierce criticism from shareholders, despite investors approving plans to sell its valuable memory chip unit.The company needs money to plug a gaping hole at its US nuclear unit Westinghouse, which filed for bankruptcy protection on Wednesday. Due to the woes at ...
Lloyd's of London to set up Brussels hub image
Source : BBC [Read Article] Thursday 30th of March 2017 07:31:29 AM
The chief executive of Lloyd's of London has said that only "tens of staff" will be moved from London to its planned hub in Brussels. Inga Beale told the BBC's Sally Bundock that the vast majority of its business will remain in London after Brexit. ...
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Johnston Press announces £300m pre-tax loss image
Source : BBC [Read Article] Thursday 30th of March 2017 07:28:23 AM
Johnston Press, publisher of The Scotsman, Yorkshire Post and 'i', has announced a pre-tax loss for last year of £300m.The valuation of its titles has been slashed in two tranches over the past year.With its half-year results, it announced a write-down of £224m. To that, it ...
Lloyd's of London plans to open Brussels office by middle of 2018 image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:04:46 AM
Lloyd’s of London aims to have a new Brussels office up and running by the middle of next year, after the insurance market failed in its efforts to secure “passporting” rights for financial companies to conduct business across the EU after Brexit.The world’s biggest insurance market ...
Reusable incentives could slash disposable coffee cup waste image
Source : Guardian [Read Article] Thursday 30th of March 2017 06:39:20 AM
Incentives such as a tax on disposable coffee cups or free reuseable replacements could help cut the number thrown away in the UK every year by between 50m and 300m, according to new research.An estimated 2.5bn throwaway coffee cups are used in the UK every year ...
Insurer Lloyd's of London confirms new Brussels subsidiary image
Source : BBC [Read Article] Thursday 30th of March 2017 06:28:20 AM
Lloyd's of London says it will establish a new European subsidiary in Brussels to avoid losing business when the UK leaves the EU.The 329-year-old insurance market confirmed the plan as it released its latest annual results."A subsidiary office will be opened in Brussels with the intention ...
As tenants in common, could we specify that our children inherit our property? image
Q My husband and I are considering severing our joint tenancy and becoming tenants in common. We would be doing this to protect our children’s inheritance. I believe that by doing this we can give our shares of the property to our daughters, but remain in ...
Related to :
BA has its head in the clouds over buy-on-board food image
Source : Guardian [Read Article] Thursday 30th of March 2017 06:00:19 AM
BA recently introduced a new food policy on its short-haul economy service. It advertised the fact that travellers now have to pay for on-board food as a great step forward, particularly as there would be a choice of Marks & Spencer goodies.The service just does not ...
Wine detective image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:00:24 PM
Philip Moulin intently studies the label on a bottle of expensive wine with a magnifying glass.He then shines a blue ultraviolet light at the bottle, before picking it up and weighing it in his hands."Counterfeit bottles can often be much lighter," he says.Mr Moulin is standing ...
Cool your jets, Michael O'Leary – Brexit unlikely to ground Ryanair | Nils Pratley image
Every industry wants its interests to be uppermost in the trade negotiations between the UK and the EU, but few companies shout as loudly as Ryanair. In its latest dispatch, the Irish carrier warned there was “the distinct possibility of no flights between Europe and the ...
Poundland takes on Asda with low-cost clothing range image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:34:00 PM
Poundland is to put value fashion into more than 100 stores by the end of the year as it tries to step into the gap on the high street once filled by Woolworths.The chain, which was bought by the South African group Steinhoff International for £610m ...
Insurer Lloyd's of London 'to open Brussels office', say reports image
Source : BBC [Read Article] Wednesday 29th of March 2017 05:24:23 PM
Lloyd's of London will establish a new European base in Brussels to avoid losing business when the UK leaves the EU, according to press reports.The company has not confirmed the decision, but said it would make a statement on Thursday.The insurer has been weighing up different ...
Lloyd’s of London will move jobs to new Brussels office image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:21:41 PM
Lloyd’s of London will announce on Thursday that it has picked Brussels as the base for its new EU subsidiary to secure a European foothold after the UK’s departure from the EU.The announcement by the world’s biggest insurance market will be made alongside its annual results, ...
UK businesses welcome May's free trade call but warn of no-deal Brexit disaster image
British businesses have cautiously welcomed the prime minister’s pledge to work for a “bold and ambitious free trade agreement” with the EU as part of the Brexit negotiations, but reiterated warnings that it would be disastrous for the UK to leave without a deal.Concerns have been ...
Vauxhall drops FA home nations football sponsorship deals image
Source : BBC [Read Article] Wednesday 29th of March 2017 05:09:23 PM
UK car maker Vauxhall is to end its multi-million pound sponsorship of the home nations football teams after the 2018 World Cup.Vauxhall has been the lead sponsor of the England, Scotland, Wales and Northern Ireland teams since 2011.But a spokeswoman said Vauxhall wanted to start running ...
US shares mixed as dollar gets boost image
Source : BBC [Read Article] Wednesday 29th of March 2017 03:27:41 PM
(Close): There was no clear driver behind Wall Street's somewhat mixed performance on Wednesday.The Dow Jones was down at 20,659.32, a fall of 42.18 points or 0.20%. The S&P 500 gained 2.56 points or 0.11% to hit 2,361.13 while the Nasdaq put on 22.41 points or ...
Samsung Galaxy S8 hides home button and gains Bixby AI image
Source : BBC [Read Article] Wednesday 29th of March 2017 03:00:35 PM
Samsung's latest flagship phones have ditched the physical home button found in their predecessors and introduced a new virtual assistant.The screens of the Galaxy S8 and bigger S8+ are also larger despite the devices being about the same size as last year's S7 and S7 Edge.This ...
Samsung Galaxy S8 and S8+: First look image
Source : BBC [Read Article] Wednesday 29th of March 2017 03:00:16 PM
Samsung has increased the screen size of its flagship handsets while managing to make their bodies smaller.The new Galaxy S8 and S8+ also feature a new virtual assistant, Bixby.But can the firm avoid a repeat of its Note 7 launch disaster? ...
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Hammond was right to raise tax for self-employed, inquiry to say image
Source : Guardian [Read Article] Wednesday 29th of March 2017 01:13:37 PM
The chancellor was correct to announce a tax increase on the self-employed before dramatically withdrawing from his main budget pledge, an independent inquiry into modern employment practices is likely to conclude.Matthew Taylor, the chief executive of the Royal Society for the Encouragement of Arts, Manufactures and ...
Mortgage approvals fall as UK consumers rely on credit to keep spending image
Source : Guardian [Read Article] Wednesday 29th of March 2017 12:07:32 PM
Mortgage approvals fell for the first time in six months in February and consumers became more reliant on their credit cards to keep spending, according to the Bank of England.Approvals dipped 1.2% to 68,315 last month from 69,114 in January, the latest snapshot of lending from ...
Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company.Mary Homer helped make the retailer into a global brand that constantly managed to lead fashion on the High Street.Other key staff have left the Green empire at Burton, ...
EU departure but … UK sees record-breaking increase in visitors image
Source : Guardian [Read Article] Wednesday 29th of March 2017 10:58:18 AM
Stay-at-home holidaymakers in the UK are likely to be rubbing shoulders with even more overseas visitors this summer, according to statistics that suggest Brexit could lead to an influx of foreign tourists.As Article 50 is triggered, marking the start of the process through which Britain will ...
Buyers caught out by limits on living image
Source : Independent [Read Article] Wednesday 29th of March 2017 10:02:00 AM
...
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London Stock Exchange and Deutsche Börse merger blocked by EU image
Source : Guardian [Read Article] Wednesday 29th of March 2017 09:58:06 AM
The £21bn merger between the London Stock Exchange and its German rival Deutsche Börse has fallen apart after it was blocked by the European commission on the day that Britain served notice on its EU membership.Margrethe Vestager, the EU competition regulator, said the deal between the ...
Pensioners' life expectancy falls back image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:52:02 AM
The average life expectancy of men and women at the age of 65 has fallen in the past three years, suggests data published by the actuarial profession.Updated projections from the Institute and Faculty of Actuaries suggest that men aged 65 will now live another 22.2 years, ...
How will the Port of Dover cope with Brexit? image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:29:21 AM
Tim Waggott, boss of Britain's busiest port warns that getting Brexit wrong could lead to queues of lorries at Dover "every day in perpetuity". ...
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London Stock Exchange-Deutsche Boerse deal blocked by EU image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:24:57 AM
EU regulators have blocked London Stock Exchange's £21bn merger with German stock exchange Deutsche Boerse.The European Commission said the deal would have created a "de facto monopoly" for certain financial services.The merger would have combined Europe's two largest stock exchange operators. London Stock Exchange Group said ...
Jared Kushner's family firm ends investment talks with China's Anbang image
The company owned by the family of US President Donald Trump's son-in-law, Jared Kushner, has ended talks with a Chinese firm over a major redevelopment project in New York City.A Kushner Companies spokesperson told the BBC that it and Anbang Insurance Group have "mutually agreed to ...
Johnston Press reports £300m loss after huge newspaper writedown image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:59:13 AM
The publisher of titles including the Scotsman, Yorkshire Post and the national i has reported a £300m pre-tax loss due to a tough advertising market and writing down the value of its 200-plus local newspapers.Johnston Press, which has seen its largest shareholder, Crystal Amber, seek to ...
Measures to ensure your plans are as safe as houses image
Source : Daily Express [Read Article] Wednesday 29th of March 2017 08:50:00 AM
The sector is regulated by City watchdog the Financial Conduct Authority, giving you added security.The best providers also belong to industry body the Equity Release Council and will have signed up to its code of conduct to ensure they treat you fairly. An equity release plan is ...
Moss Bros could jilt me at the altar over my groomsmen's get-up image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:42:10 AM
I hired wedding outfits for myself and my seven groomsmen from Moss Bros in London’s Regent Street, and we were measured in early January.I selected a faded blue French Connection suit and was told it would be available for collection at my local branch in Ilford ...
Older savers taking big market risks to trump inflation image
Source : Daily Express [Read Article] Wednesday 29th of March 2017 08:25:00 AM
Growing numbers are turning to aggressive stock market funds to protect the value of their money, as rising inflation ravages the value of money in the bank. The rush into stocks and shares is likely to intensify over the next week as the annual tax-free Isa season ...
Westinghouse bankruptcy move casts shadow over world nuclear industry image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:20:19 AM
The US bankruptcy filing by nuclear giant Westinghouse has been branded a major blow to the prospects for new atomic power globally.The nuclear arm of Toshiba proudly states “we are nuclear energy” on its website, a boast underpinned by its technology being in around half the ...
Markets 'shrug off' Article 50 letter image
Source : BBC [Read Article] Wednesday 29th of March 2017 07:29:56 AM
(Close): Sterling gained modest ground against the euro on Wednesday, as the UK formally announced the start of its process to leave the European Union.The pound reversed earlier losses and was 0.21% higher at 1.1537 euros after the UK delivered the letter formally starting the Brexit ...
Toshiba's Westinghouse files for US bankruptcy image
Source : BBC [Read Article] Wednesday 29th of March 2017 07:15:32 AM
Westinghouse, Toshiba's US nuclear unit, has filed for US bankruptcy protection. The US firm has struggled with hefty losses that have thrown its Japanese parent into a crisis, putting the conglomerate's future at risk.Westinghouse has suffered huge cost overruns at two US projects in Georgia and ...
Price of imported fruit and vegetables 'will rise by up to 8% after Brexit' image
Fruit and vegetables, flowers and olive oil will all become more expensive once the UK leaves the EU, no matter what trade deal is struck, City analysts have calculated.The price of food imported from the EU is likely to rise by up to 8% by the ...
Mountain homes – in pictures image
Source : Guardian [Read Article] Wednesday 29th of March 2017 06:00:50 AM
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Samsung: Is Galaxy S8 the firm's most important phone yet? image
Source : BBC [Read Article] Wednesday 29th of March 2017 05:01:52 AM
The Samsung Galaxy S8 will likely be the South Korean firm's biggest test yet: a phone that has to live up to the highest expectations and also the toughest scrutiny. Even in normal circumstances, the stakes are high when a phone maker unveils its latest flagship ...
US bank Wells Fargo agrees $110m lawsuit settlement image
Source : BBC [Read Article] Wednesday 29th of March 2017 12:09:51 AM
US bank Wells Fargo has agreed to pay $110m (£88m) to settle a lawsuit brought by customers who had accounts opened in their name without their permission.The agreement comes after America's biggest bank was fined $185m in September last year for illegally opening about two million ...
Revealed: Vulnerable pensioners left empty-handed by not reporting cruel fraudsters image
Alarmingly, two thirds say they would not bother to report an attempted scam, according to exclusive new research carried out for the Daily Express. Almost half of Britons do not know how to report a pension scam, according to pension fund consolidator Phoenix Group, which has prevented ...
Fawlty language image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:15:15 PM
Japan is struggling to make sure it has enough proficient English speakers when it hosts the Tokyo Olympic and Paralympic Games in 2020.And the classic BBC comedy series Fawlty Towers is being deployed by some teachers in an attempt to give Japanese students an example of ...
Brexit Britain image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:04:40 PM
With Article 50 now finally triggered, what are the options for the UK's negotiators when it comes to trade? Well, for a start the government seems to have ruled out the two deals which were most popular with much of British industry, staying in the single ...
What businesses want from the talks image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:01:52 PM
Prime Minister Theresa May is set to trigger Article 50 later, formally starting the process of the UK leaving the European Union.The next two years of negotiations will have far-reaching implications for British businesses and their staff.The three main areas companies will be watching in the ...
Laptop cabin ban 'ineffective' says IATA image
Source : BBC [Read Article] Tuesday 28th of March 2017 07:13:47 PM
The US and UK ban on laptops in cabin baggage on certain flights will not be an effective security measure, the International Air Transport Association has said.In a strongly worded speech, IATA chief executive Alexandre de Juniac said the ban also caused commercial distortions.The US ban ...
UK nuclear plans could be hit by Westinghouse financial crisis image
Source : Guardian [Read Article] Tuesday 28th of March 2017 06:47:55 PM
A financial crisis at a major nuclear energy business is threatening to deal a blow to the UK’s atomic energy programme.Toshiba’s US nuclear subsidiary Westinghouse Electric is believed to be on the brink of filing in the US for bankruptcy protection from creditors. A UK expert ...
The new 12-sided £1 coin launches – but you may not be able to use it image
The new 12-sided £1 coin officially went into circulation on Tuesday, but immediately ran into some teething problems as it emerged that not all ticket, vending machines and supermarket trolleys have yet been adapted to accept it.Only a small number of the 12-sided coins were released ...
Tesco has settled with the SFO – but it faces more headaches ahead | Nils Pratley image
For Tesco, a £235m bill to settle investigations by the Serious Fraud Office and Financial Conduct Authority counts as a tidy piece of business. The sum will wipe out almost 20% of operating profits last year, but the company’s negotiating power was approximately zero after it ...
BrewDog threatened lawsuit against plan for bar with 'punk' in name image
Source : Guardian [Read Article] Tuesday 28th of March 2017 03:38:11 PM
BrewDog threatened legal action to prevent a bar from using the term “punk” in its name, it has emerged, a day after the brewer blamed “trigger-happy” lawyers for a similar dispute that sparked a social media backlash.The brewer, which has been a vocal critic of the ...
Trump is wrong to criticise Germany over trade – he should look closer to home image
Donald Trump has criticised Germany’s enormous current account surplus, which he considers the result of German currency manipulation. But the president is wrong. While Germany’s external surplus, at 8% of GDP, is big – too big – it is not the result of currency manipulation by ...
Ford to invest $1.2bn in Michigan plants image
Source : BBC [Read Article] Tuesday 28th of March 2017 03:03:56 PM
Ford has said it will spend $1.2bn (£1bn) as part of a planned upgrade of three Michigan plants.It said $850m will be spent on retooling its factory in Wayne where Ford plans to build Bronco and Ranger models.In addition, Ford will create 130 jobs at its ...
China's Tencent buys 5% stake in Tesla image
Source : BBC [Read Article] Tuesday 28th of March 2017 02:30:31 PM
Chinese tech giant Tencent has spent $1.78bn (£1.4bn) on buying a 5% stake in electric carmaker Tesla.Tencent, best known for its WeChat mobile app, has been investing in a number of sectors, including gaming, entertainment, cloud computing and online financing.Tesla said the stake was passive, meaning ...
Pension crisis looms as one in five Britons has no savings for their old age image
Source : Daily Express [Read Article] Tuesday 28th of March 2017 01:37:00 PM
Of those who have saved for their retirement, only a quarter know how much they are saving each month with another one in four not knowing how much they have already saved. A survey of 2,000 workers also reveals that just 80 per cent have no idea ...
Uber to shut down Denmark operation over new taxi laws image
Source : Guardian [Read Article] Tuesday 28th of March 2017 01:36:28 PM
Uber will shut down its operation in Denmark next month following the introduction of new taxi laws, the company has said, marking the latest European setback for the US ride-booking service.A company spokesman, Kristian Agerbo, said on Tuesday Uber “must take the consequences” of the rules, ...
London-Paris business and tourism partnerships announced image
Source : BBC [Read Article] Tuesday 28th of March 2017 01:34:45 PM
The mayors of London and Paris have announced joint tourism and business schemes, a day before the UK's formal exit from the EU is triggered.A business unit is to be set up in the city hall promotional agency, London and Partners, and its French counterpart Paris&Co.A ...
The new £1 coin explained in one minute – video report image
Source : Guardian [Read Article] Tuesday 28th of March 2017 01:22:00 PM
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Uber set to pull out of Denmark image
Source : BBC [Read Article] Tuesday 28th of March 2017 01:01:41 PM
Cab hire firm Uber will withdraw from Denmark in April because of new taxi laws that require drivers to have fare meters and seat sensors.Local taxi driver unions and politicians have complained that Uber poses unfair competition by not meeting legal standards required for established taxi ...
Police investigating 'human waste in Coca Cola cans' image
Source : BBC [Read Article] Tuesday 28th of March 2017 12:56:57 PM
Police have begun an investigation after what appeared to be human waste was found in drinks cans delivered to a Coca Cola factory in Northern Ireland.The night shift at the Lisburn factory was disrupted last week when machines became clogged; Coca Cola said it had impounded ...

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