News: Money

Theresa May pleads with Trump to intervene in Boeing dispute to save British jobs

Saturday  02:48,   16 september 2017
International Business Times

Trade dispute with Bombardier could adversely affect thousands of jobs in Belfast.Canadian firm Bombardier won an order in 2016 to supply up to 125 Series passenger jets to US airline Delta. The aircraft wings are made at Bombardier's Belfast[...]

British people have suddenly stopped buying cars

Saturday  02:48,   16 september 2017
MSN

British people have suddenly stopped buying cars. It's not clear why. It's not clear why. But a number of anti-car trends have hit Britain simultaneously — such as the rise of Uber and a decline in household savings — driving down car[...]

Goldman eyes online-only UK loans and savings

Saturday  02:47,   16 september 2017
Sky News

Goldman Sachs has refused to comment on reports it is set to open a retail banking offering in the UK. The US investment bank is said, by the Financial Times, to have hired a former director of TSB to lead a team selling personal loans and[...]

UK's Airbnb hosts make £657m by renting out homes

Saturday  02:47,   16 september 2017
Press Association

Airbnb hosts in the UK pocketed £657 million in the year to July as the number of guests using the home-sharing platform surged 81%. define("homepageFinanceIndices", ["c.deferred"], function () { var quotesInArticleFormCode =[...]

Oil prices dip as traders assess U.S. hurricane impact

Saturday  02:47,   16 september 2017
Reuters

Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts following Hurricane Harvey that should lead to more crude oil processing. International[...]

North Korea chases Bitcoin to bust sanctions

Saturday  02:45,   16 september 2017
Sky News

North Korean hackers have been accused of the largest cyber heists the world has ever seen - and, as sanctions on the secretive state start to bite, Pyonyang's premiere hacking group has started stealing Bitcoin, too. The cryptocurrency is[...]

London extends lead as top finance centre

Saturday  02:42,   16 september 2017
Sky News

London remains the world's most attractive financial centre, though some European rivals are gaining ground in the wake of the Brexit vote, according to a survey. The Z/Yen global financial centres index, which ranks cities on things such as[...]

UK employers raise pay as Brexit skills shortage bites - recruiters

Saturday  02:41,   16 september 2017
Reuters

A fall in people coming to Britain from other EU countries has aggravated a shortage of workers and forced employers to raise starting salaries at the fastest pace in nearly two years.The monthly report from the Recruitment and Employment[...]

Apple tests customer loyalty with $1,000 iPhone

Saturday  02:41,   16 september 2017
The Financial Times

Apple will this week test its customers’ loyalty, buying power and enthusiasm for innovation when it unveils the first iPhone to cost as much as $1,000. Apple will this week test its customers’ loyalty, buying power and enthusiasm for[...]

Public sector pay cap to be lifted this week

Saturday  02:40,   16 september 2017
City AM

The government could lift the pay cap on the first group of public sector workers as early as Wednesday this[...]

Everything We Think We Know About The iPhone 8

Saturday  02:40,   16 september 2017
Kotaku

With a new iPhone due out later this spring, the Apple rumour mill is hitting peak froth. Not only does 2017 mark the 10th anniversary of the iPhone, but after the iPhone 7 didn't deliver as much of an improvement over the iPhone 6s as people[...]

Attorney General asked to investigate Royal Albert Hall over marked-up ticket prices

Monday  15:30,   11 september 2017
International Business Times

Charity Commission had previously voiced concerns over the commercialisation in the private sale of tickets.According to a Daily Telegraph investigation, the Charity Commission has formally asked Britain's top law officer, Jeremy Wright, to[...]

Italy's dual currency schemes may be long road to euro exit

Monday  15:30,   11 september 2017
Reuters

By Gavin[...]

BNP Paribas loses UK tax avoidance case worth £35 million

Monday  15:30,   11 september 2017
Press Association

HMRC says the French bank used a tax avoidance scheme known as “dividend stripping”.It comes after a tribunal ruled in favour of HM Revenue & Customs (HMRC), which said the lender had tried to use a tax avoidance scheme known as “dividend[...]

Pension savings could boost child benefits, mutual insurer finds

Monday  04:20,   11 september 2017
Press Association

Thousands of higher-earning families could boost their child benefit entitlements by saving more money into their pension, according to a mutual insurer. Royal London calculates that working families are collectively losing up to £171 million per[...]