Pound Euro exchange rate flat as Irish backstop left unresolved | City & Business | Finance

The Commission stated the purpose of today’s meeting was to “take stock” and look to the “next steps”, adding: “President Juncker recalled that it is the UK’s responsibility to come forward with legally operational solutions that are compatible with the withdrawal agreement. “President Juncker underlined the Commission’s continued More...

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By admin On Monday, September 16th, 2019
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PAPIER.COM: New investment for millennials’ stationery favourite funds US expansion | City & Business | Finance

Founded in 2015 in London by chief executive Taymoor Atighetchi, the on-demand, lifestyle brand is forecasting a £15 million turnover this year thanks to its in-house collections along with design and fashion More...

By admin On Monday, September 16th, 2019
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Retirement and me: Woman sees state pension ‘frozen’ – but sister still gets full amount | Personal Finance | Finance

Monica Philip moved to England at the age of 20 back in 1959. She worked in the UK for 37 years as a public servant, including spending 15 years working at the Ministry of Defence. She also worked for the City More...

By admin On Sunday, September 15th, 2019
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Universal Credit changes: When will you get paid? New system comes in to force on this day | Personal Finance | Finance

Universal Credit changes are being implemented by the Department for Work & Pensions in October. Claimants will see a change in the amount they are paid from October 2. The changes will affect those who More...

By admin On Sunday, September 15th, 2019
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Approaching retirement but not state pension age? Pensions expert on what to do | Personal Finance | Finance

From enjoying their later years to health reasons, there’s a number of reasons why a person may stop working. For others, the need to care for a loved one may mean retiring from their former job. Pensioners More...

By admin On Saturday, September 14th, 2019
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Bitcoin price news: The eco-friendly way to mine crypto | City & Business | Finance

Bitcoin was born ten years ago while the world teetered toward financial collapse as a result of the 2007 and 2008 financial crisis. An elusive character called Satoshi Nakamoto then created a peer-to-peer system More...

By admin On Saturday, September 14th, 2019
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Turkish lira crisis: Interest rates slashed in desperate attempt to avoid recession | City & Business | Finance

The reduction to 16.5 percent represents Turkey’s second aggressive cut in less than two months as it seeks to add much-needed momentum to a recession-hit economy. The bank, headed by recently-appointed Governor More...

By admin On Friday, September 13th, 2019
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Halifax launches zero-deposit mortgage for first time buyers to help Britons get on ladder | Personal Finance | Finance

Halifax bank will now offer first-time buyers a mortgage without them needing to provide their own deposit. However, this is not a return to the days of 100 percent mortgages, as a family member will need to More...

By admin On Friday, September 13th, 2019
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Enough is enough: London Stock Exchange to reject Hong Kong’s £32bn bid over China fears | City & Business | Finance

Three months into the worst crisis to grip the former British colony since it was handed to China in 1997, Hong Kong Exchanges and Clearing made the surprise proposal on Wednesday. Sources close to the matter More...

By admin On Thursday, September 12th, 2019
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State pension age changes: Women detail ‘bitter disappointment’ at facing cash shortfall | Personal Finance | Finance

The state pension age is due to reach 66 for both sexes in October 2020, and future plans will see it increase to 67 between 2026 and 2028 under the Pensions Act 2014. Under the current law, the state pension More...