News: Money

How a laid-off woman in her 50s learned to code and launched a whole new career

Saturday  11:36,   12 august 2017
Business Insider

Gillian Reynolds-Titko is the new face of today's classic American career story.Gillian Reynolds-Titko's 20-year-long, high-paying career as a research physicist for DuPont ended when she got caught in one of DuPont's big layoffs in early[...]

May's Cabinet Is Split Three Ways Over Brexit Transition Plan

Saturday  11:35,   12 august 2017
Bloomberg

Prime Minister Theresa May’s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible. While the government now seems to agree [...]

RBS to issue new £10 note featuring astronomer Mary Somerville on October 4

Saturday  11:35,   12 august 2017
Press Association

The Royal Bank of Scotland has announced the date it will issue its first plastic £10 note. It will be released to the public on Thursday October 4, and will be 15% smaller than those currently in circulation.The note will feature Scottish[...]

Morgan Stanley Sees Euro-Pound Parity on Diverging Political Fortunes

Saturday  11:31,   12 august 2017
Bloomberg

A pushback against the populist movements that have threatened to destabilize the European Union will help bolster the euro for years, according to Andrew Sheets, chief cross-asset strategist at Morgan Stanley. The U.S. investment bank raised its[...]

Cash-strapped SoundCloud gets new funds and top management

Saturday  11:31,   12 august 2017
Reuters

By Eric[...]

SURVEY: The UK housing market is 'faltering' and price growth is 'nearing zero'

Saturday  11:31,   12 august 2017
MSN

Political uncertainty, record-low stock numbers, and the impact of tax changes continued to slow the "faltering" UK housing market in July, according to the Royal Institute of Chartered Surveyors. The group's UK Residential Market [...]

Nationwide urges lending caution amid 'slowdown'

Saturday  11:31,   12 august 2017
Sky News

The boss of Nationwide has warned banks and building societies will have to "balance carefully" the way they lend to squeezed households as a possible economic slowdown looms. Chief executive Joe Garner said that while consumers were[...]

Troubled Co-op Bank sheds 25,000 customers

Saturday  11:30,   12 august 2017
Sky News

Co-operative Bank narrowed its losses in the first six months of this year, but continued to lose customers amid uncertainty surrounding its future. The troubled lender reported a first half loss of £135m, down from £177m, helped by lower costs,[...]

Lush, a great UK success story, is helping its workers leave Brexit Britain—and keep their jobs

Saturday  11:30,   12 august 2017
MSN

<p>For a man ready to take on the British government and more than half the country, Lush's co-founder seems remarkably relaxed.</p>Mark Constantine, co-founder of the British cosmetics company Lush, is a notoriously difficult man to[...]

How Do You Price a Problem Like Korea?

Saturday  11:30,   12 august 2017
MSN

Relatively small market moves are "reflective of the extreme difficulty the market faces in pricing in the ramifications of a nuclear confrontation."After a week of escalating tensions between the U.S. and North Korea, some financial[...]

Here’s what a war between North Korea and the USA could do to the global economy

Thursday  19:55,   10 august 2017
MSN

Tensions escalate between USA and North Korea after threats to US overseas territory of Guam. Any conflict would cause major economic problems across the[...]

Facebook takes on TV with Watch

Thursday  19:55,   10 august 2017
USA TODAY

LOS ANGELES — TV is coming to Facebook Thursday. Sort of. The social network is launching a new section called Watch, hoping to bring regularly scheduled, appointment viewing, to Facebook.&nbsp;The social network is launching a new section[...]

Lego boss, 61, replaced 'due to his age'

Thursday  19:55,   10 august 2017
Sky News

Lego has announced it is replacing its chief executive just eight months after he took up the role. Bali Padda was appointed head of the Danish toy company in January, but he ewill step down to a "special advisory role" to make way for new boss[...]

Poland Ramps Up Case for World War II Reparations From Germany

Thursday  17:00,   10 august 2017
Bloomberg

Poland’s ruling officials are stepping up calls to demand compensation from Germany for damages caused in World War II, potentially deepening a divide between the European Union’s largest eastern member and the bloc’s biggest economy. Deputy Prime[...]

Ex-Chancellor: Brexit and consumer debt should raise 'alarm bells' for the UK economy

Thursday  16:15,   10 august 2017
MSN

&nbsp;Former Chancellor Lord Darling has urged regulators to be "very, very" vigilant about threats to Britain's economy as Brexit is causing "massive uncertainty."&nbsp;Speaking 10 years on from the beginning of the[...]