News: Money

All for One: Emboldened EU United Against U.K. Over Brexit (1)

Friday  18:20,   28 april 2017

(Bloomberg) -- European Union leaders are set to declare that when it comes to Brexit, 27 of them will stand as one against the U.K. A Saturday summit in Brussels called solely to discuss Britain’s departure from the bloc will serve as a stage for[...]

Why Getting Fired Is Worse Than Divorce or the Death of a Spouse

Friday  15:00,   28 april 2017

“It’s just not working out” may be some of the most heartbreaking words in the English language, leading to months of anguish, self-questioning and sleepless nights. Even worse: when they come from your boss.Fired employees never quite recover to[...]

Exclusive: Facebook and Google Were Victims of $100M Payment Scam

Friday  14:25,   28 april 2017

When the Justice Department announced the arrest last month of a man who allegedly swindled more than $100 million from two U.S. tech giants, the news came wrapped in a mystery. When the Justice Department announced the arrest last month of [...]

Builder acts over ground rent 'scandal'

Friday  13:00,   28 april 2017
Sky News

Taylor Wimpey has set aside £130m as it moves to tackle the fallout from controversial leasehold contracts agreed with customers. The company used a statement to investors ahead of its AGM to confirm that a review of lease agreements it drew up[...]

Google shrugs off boycott as profits surge

Friday  12:15,   28 april 2017
Sky News

Google's parent company Alphabet shrugged off pressure over online hate videos as it posted a 29% rise in quarterly profits. Big firms in the UK and US have been pulling ads from Google's YouTube platform after discovering their brands[...]

House prices are falling at their fastest rate since 2012 as people face 'squeeze on real incomes'

Friday  12:15,   28 april 2017

House prices in Britain recorded their second monthly decline in April, Nationwide said on Friday. On a seasonally adjusted basis, prices declined by 0.4% in April according to Nationwide - the worst monthly decline since 2012. On a[...]

The most common reason people quit their $200,000 tech jobs

Friday  12:15,   28 april 2017
The Washington Post

A new study finds stunning differences among minority groups working in tech.Still, for many people, particularly if you are a woman or an underrepresented minority, these aren’t fun places to work. Take hard-charging Uber, which has seen a slew of[...]

UK should scrap state pension for the rich, says OECD

Friday  08:15,   28 april 2017
The Financial Times

The UK should not give a state pension to the rich and instead use the money to boost payments to the poor, the OECD has said. The Paris-based club of mostly rich nations said cutting payments to the wealthiest 5-10 per cent of retirees[...]

Merkel Warns of U.K. `Illusions' in Hard-Line Brexit Speech (1)

Friday  06:05,   28 april 2017

German Chancellor Angela Merkel laid down a tough line for Brexit talks with the U.K., reminding Britain it can’t expect preferential treatment as she warned that some officials in London were harboring “illusions.” Addressing the German parliament[...]

Pret hunts UK workers amid Brexit job fears

Friday  02:01,   28 april 2017
Sky News

Sandwich and coffee chain Pret A Manger is "reaching out" to British job applicants as it looks to plug a looming recruitment gap caused by Brexit, its boss said. Chief executive Clive Schlee revealed that the business - most of whose[...]

United's $10,000 Pledge to Bumped Passengers

Friday  02:00,   28 april 2017
The Atlantic

United Airlines pledged Thursday to reduce overbooking and pay travelers who volunteer to take a later flight up to $10,000 in response to an incident earlier this month in which a passenger was dragged off a flight. “Two weeks ago, we[...]

Mortgage price war erupts as Nationwide unveils its lowest ever rates

Friday  02:00,   28 april 2017
Press Association

The mortgage price war has been ramped up further as Britain's biggest building society has unveiled some of its lowest ever rates. define("homepageFinanceIndices", ["c.deferred"], function () { var quotesInArticleFormCode =[...]

Drexit? Drugs firms' threat over NHS funding

Thursday  16:05,   27 april 2017
Sky News

The pharmaceutical industry has issued a stinging election threat, suggesting firms could withdraw from the UK and delay drug launches unless the NHS gets a huge funding boost. The Association of the British Pharmaceutical Industry's (ABPI's)[...]

Trump launches biggest tax cut plan since 1980's

Thursday  14:41,   27 april 2017
City AM

US President Donald Trump last night revealed a much-hyped tax reform plan that would slash corporation tax and on foreign-earned profits returned to the country. Trump’s reforms would cut the income tax rate paid by businesses to 15 per cent from[...]

An indoor pool, private cinema and bar, and a luxury gym: Inside Cheryl's £5million mansion up for sale

Thursday  11:41,   27 april 2017

The singer lived in the house with second husband Jean-Bernard Fernandez-Versini , others may be lured into paying the £5million price-tag she's put on the home. © Provided by Trinity Mirror Plc Credits: Featuring six [...]