News: Money

Santa's little belters! Claus out to grab this year's most wanted toys

Friday  22:02,   13 october 2017
MSN

It’s not even Halloween yet, but some children are already dreaming about December 25 - here are the must-have presents that could feature on their wish lists this year.High-street toy firm Hamley's have released their top 10 most wanted list for[...]

Tory minister's comments spark fears that the 'dementia tax' may return

Friday  22:02,   13 october 2017
MSN

A Conservative minister has suggested that the elderly should sell their homes to pay for care and houses should not be seen as "an asset to give to their offspring," sparking new fears of a "dementia tax." Social care[...]

Brexit Talks Edge Backward as Time-Pressed U.K. Braces for Worst

Friday  22:01,   13 october 2017
Bloomberg

With Brexit talks stuck, the U.K. is preparing for the worst. As the fifth round of negotiations draws to a close on Thursday, progress is so scant that the European side is stepping back from concessions it was said to be considering last month.The [...]

Londoners Have Been Losing 40% of Their Salaries to Rent

Friday  22:01,   13 october 2017
Bloomberg

Britain’s housing crisis was laid bare in a report that showed how soaring rents, particularly in London, can swallow salaries. The average private renter in the U.K. capital spent 40 percent of their income on housing between 2013 and 2015,[...]

Gates's Gifts Open Path for Bezos to Seize Top Billionaire Spot

Friday  22:01,   13 october 2017
Bloomberg

Bill Gates is losing hold of his title as the world's richest person, with Amazon founder Jeff Bezos once again mounting a challenge for the top spot. But if Gates weren’t so philanthropic, it wouldn’t even be close.Gates has a net worth of[...]

Spain-Catalonia relief nudges world stocks to fresh high

Friday  22:01,   13 october 2017
Reuters

By Marc[...]

Legal advice saying Brexit can be reversed shows Theresa May's huge strategic error on Article 50

Friday  22:00,   13 october 2017
MSN

Britain is more than one-quarter of the way through the Article 50 period — and has nothing to show for it. * Britain is more than one-quarter of the way through the Article 50 period — and has nothing to show for[...]

The UK tax collector has paid informants nearly £2 million since 2013

Friday  01:03,   13 october 2017
MSN

The UK tax collector has paid out nearly £2 million to informants over the last four years, according to data obtained by Business Insider. HM Revenue and Customs (HMRC) paid £421,460 for information about tax evasion in 2016/17,[...]

The UK tax collector has paid informants nearly £2 million since 2013

Friday  01:03,   13 october 2017
MSN

The UK tax collector has paid out nearly £2 million to informants over the last four years, according to data obtained by Business Insider. HM Revenue and Customs (HMRC) paid £421,460 for information about tax evasion in 2016/17,[...]

Hard Brexit to batter British economy, study suggests

Friday  01:01,   13 october 2017
Press Association

Research by Rabobank also shows that any form of Brexit would be detrimental to the economy and British workers. Under a “no deal” scenario, British workers would be left £11,500 poorer, while an FTA or soft Brexit would see working Britons stomach[...]

John Flint named new HSBC chief executive

Friday  01:01,   13 october 2017
Press Association

He currently heads retail banking and wealth management at the lender.Mr Flint, who currently heads up retail banking and wealth management at the lender, will take up the role on February[...]

Bitcoin Above Record High of $5000, What Is Behind The Move?

Friday  01:00,   13 october 2017
Forbes

Bitcoin broke its previous record high of $5000 and there are valid reasons which are driving this move. If these reasons continue to support the demand, the price could explode even further. Bitcoin is up 74% from its previous[...]

Just Eat takeover of Hungryhouse gets the nod

Friday  01:00,   13 october 2017
Sky News

The merger of online food takeaway delivery rivals Just Eat and Hungryhouse is on course to be cleared following a provisional ruling by the competition regulator. The Competition and Markets Authority (CMA) announced in May that it was to examine[...]

Living wage helps 300,000 workers out of low pay

Friday  01:00,   13 october 2017
Sky News

The number of workers on low pay in the UK has fallen by more than 300,000 following the introduction of the national living wage, a think tank says. According to the Resolution Foundation, this is the biggest year-on-year fall in low pay since[...]

UK to publish draft energy price cap laws, seeking to fix 'broken' market

Thursday  12:05,   12 october 2017
Reuters

Britain will publish on Thursday a draft law designed to cap consumer energy prices for millions of households, taking action to try and fix a market it says punishes loyal customers. Prime Minister Theresa May first proposed a price cap on the[...]