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Barclays heads to court over 2008 fundraising deal

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 05:11
Barclays is being hauled before magistrates again today after investigators charged it over a massive fundraising deal during the financial crisis.

Tata Steel to put £75m to repair blast furnace

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 04:54
Tata Steel will plough around £75m into its Port Talbot steelworks, soothing fears about its commitment to the industry.

How much old Post Office Savings book balance worth today?

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 01:22
My mother passed away in December. In going through her affairs I found a Post Office Savings book. It had a balance of £1, 1 shilling and 7 pence in 1954. What is it worth now?

Unmarried couples could benefit from new financial perks

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 01:22
The extra funds could be worth billions of pounds, the study by mutual insurer Royal London suggests.

What to do if your boiler breaks down

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 01:15
More than one in 10 households admit they would have to rely on a loan or credit card to repair a boiler while 48 per cent of households would rely on their savings to meet the cost.

Energy firm Eon tells customers they need a smart meter

lbWepZaFvATzSCKT - Wed, 02/14/2018 - 00:31
The message says the provider needs to install smart meters into all customer homes but smart meters are not compulsory and it is up to the consumer if they choose to have on installed or not.

UK households told to expect more interest rate hikes

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 19:21
Gertjan Vlieghe, a member of the MPC that sets rates, said a pick-up in wages and an increase in household debt meant the economy was ‘ready for somewhat higher interest rates’.

Fidelity turns its ‘Select 50’ list into a fund of funds

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 17:33
The 'Select 50 Balanced Fund' is managed by multi-asset fund manager Ayesha Akbar and offers exposure to between 20 and 40 of Fidelity's top 50 recommended funds at any one time.

FTSE CLOSE: Stock market recovery runs out of steam

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 17:18
European stock markets have failed to follow Wall Street higher this morning with many opening in the red while the FTSE faltered. An update on UK inflation data will set the path for interest rates.

New car tax bands bite from April for most 2017 vehicles

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 17:02
Motorists who bought a brand new car from last April are about to have to tackle confusing car tax rates that will pull many popular and greener motors into paying more.

FTSE live: Steady stock market recovery continues

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 16:10
European stock markets have failed to follow Wall Street higher this morning with many opening in the red while the FTSE faltered. An update on UK inflation data will set the path for interest rates.

Rolls-Royce names Cullinan SUV after a 3106-carat jewel

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 14:56
The legendary British marque is expected to release the opulent offroader later in 2018 as a rival to Bentley's extravagant Bentayga 4x4.

Online retail giant Amazon cutting hundreds of jobs

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 14:41
The company, which is worth more than $600bn, is understood to be slashing hundreds of roles from its head office in Seattle and hundreds more from its operations around the world.

BHP Billiton is hit with £1.3bn income tax bill

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 13:10
BHP Billiton, the multi-national mining company, has been hit with a £1.3bn bill following changes to corporate income tax law in the US.

Shares at car dealership group Pendragon surge 15%

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 12:19
Pendragon shares rallied 15 per cent during morning trading, despite the car dealership experiencing a slump in full year profits, by almost a fifth.

Britons oblivious to costs and risks of car finance deals

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 12:15
A survey of 2,000 people who are currently financing vehicles found that 47 per cent were unable to specify how much they had effectively borrowed in order to get the keys to the new car.

Starling Bank launches partnerships with finance apps

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 10:59
Customers who sign up for a Starling current account will be able to access mortgage advice, pension management, investments and insurance all through one secure app.

Travel giant TUI hails 'resilient' demand from UK

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 10:57
UK bookings for summer 2018 started well, the firm said, as Brits planned ahead for sunny getaways with performance ‘broadly in line’ with last year as average selling prices rose 3 per cent.

Rupert Murdoch vows to safeguard independence of Sky News

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 07:58
The ‘firewall’ proposals would give the channel an editorial board to protect its independence and guarantee funding for at least five years.

Crackdown on robot traders that fuel stock market chaos

lbWepZaFvATzSCKT - Tue, 02/13/2018 - 07:36
Regulators are increasingly concerned about the potential for sudden selling sprees by rogue computer programs which cannot be switched off.
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