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Monday, February 12, 2018
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George Christensen in backbench revolt against payday lending crackdown 12 Feb 6:52pm George Christensen in backbench revolt against payday lending crackdown
Nationals MP says he relied on small credit lending in his 20s, asking: ‘Where will people in desperate need then go to access finance?’ George Christensen has put his name to a reported backbench revolt against the Turnbull government’s
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Are Barclays’ branches at risk over $3bn Qatar loan? | Larry Elliott 12 Feb 1:56pm Are Barclays’ branches at risk over $3bn Qatar loan? | Larry Elliott
SFO charge against retail division could mean loss of licence but it is the nuclear option In October 2008, almost a decade ago, the British banking system stood on the brink of collapse. Royal Bank of Scotland and Lloyds Banking Group were rescued by a government bailout, while a third bank – Barclays – avoided the need to take taxpayers’ money through its own fundraising efforts in the UAE and Singapore. Part of that arrangement – a $3bn loan the UK bank made to Qatar – has now come back to haunt Barclays.
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Carillion: 11,800 wait to learn their fate as 4,400 more jobs are saved 12 Feb 1:32pm Updated Carillion: 11,800 wait to learn their fate as 4,400 more jobs are saved
Employees transferred in prison and defence contracts – but more than 1,000 ex-staff have lost jobs More than 4,400 staff who worked for
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The Guardian view on George Soros: the best of the 1% | Editorial 12 Feb 1:18pm The Guardian view on George Soros: the best of the 1% | Editorial
Many billionaires try to influence the politics of countries that aren’t their own. Most do so by stealth but George Soros is open – and usually rightGeorge Soros is hardly the first billionaire to spend some of his money trying to influence the policies of countries where he does not live or have a vote: the papers that have led the charge against his funding of anti-Brexit organisations are all owned by such men even if none is as rich as he is. And his decision to spend money campaigning for the remain cause should be welcomed. The
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Marmite maker Unilever threatens to pull ads from Facebook and Google 12 Feb 12:36pm Updated Marmite maker Unilever threatens to pull ads from Facebook and Google
One of world’s biggest advertisers says it will avoid platforms that ‘create division’ Unilever has threatened to withdraw its advertising from online platforms such as Facebook and Google if they fail to eradicate content which “create division in society and promote anger and hate” .
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Fall in journeys leaves TfL facing near £1bn deficit next year 12 Feb 11:57am Fall in journeys leaves TfL facing near £1bn deficit next year
Surprise drop in passenger numbers forces London transport authority to trim tube upgrade Transport for London (TfL) has insisted it is not facing a financial crisis despite planning for a near £1bn deficit next year after a surprise fall in passenger numbers. The capital’s transport authority has shelved some tube upgrade plans, with its finances under pressure since the
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Minister promoting shared parental leave says he can’t take shared leave 12 Feb 11:56am Minister promoting shared parental leave says he can’t take shared leave
Andrew Griffiths is set to become a father but MPs do not qualify for standard parental leave The minister responsible for encouraging couples to share their parental leave has said he is not allowed to take up the scheme he is championing. Andrew Griffiths, the small business minister at the Department for Business, Energy and Industrial Strategy, will become a father in April but said on Monday that as an “office holder rather than an employee” he was ineligible for shared leave.
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OxyContin-maker to stop promoting opioid painkiller to doctors 12 Feb 10:47am OxyContin-maker to stop promoting opioid painkiller to doctors
Salesforce also being halved as Purdue Pharma faces lawsuits amid US opioid crisis The maker of the painkiller OxyContin is to stop promoting the drug to doctors and halve its salesforce, as it faces a growing number of lawsuits over its role in the US opioid crisis. Purdue Pharma said its remaining 200 sales representatives would no longer visit doctors’ offices to promote its opioid drugs. OxyContin is Purdue’s biggest-selling drug and is
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Should I use Spotify for streaming or sign up to another service? 12 Feb 10:14am Updated Should I use Spotify for streaming or sign up to another service?
My brother’s a keen fan of their ad-free service – but what Amazon, Apple and Deezer?
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Should I keep my flat on an interest-only mortgage when I move city? 12 Feb 10:11am Should I keep my flat on an interest-only mortgage when I move city?
I’m planning to leave London and I’m thinking about renting out my property
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FTSE 100 moves higher as Dow recovery continues but investors remain cautious - business live 12 Feb 9:57am Updated FTSE 100 moves higher as Dow recovery continues but investors remain cautious - business live
Wall Street follows European markets higher after worst week for two years
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Apple asks court to ban tax campaigners from its French stores 12 Feb 9:50am Apple asks court to ban tax campaigners from its French stores
Firm claims French NGO Attac’s stunts ‘vandalises’ its shops and ‘endangers’ staff and customers
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Rupert Murdoch pledges to keep Sky News independent 12 Feb 9:16am Rupert Murdoch pledges to keep Sky News independent
Move comes as Fox seeks to allay media plurality concerns in £11.7bn takeover of Sky Rupert Murdoch has
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FTSE 100 moves higher after Dow recovery but investors remain cautious - business live 12 Feb 8:53am Updated FTSE 100 moves higher after Dow recovery but investors remain cautious - business live
Late rally on Wall Street lifts European shares after $4trn losses last week
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Barclays Bank charged again by SFO over £2.2bn Qatar loan 12 Feb 8:24am Barclays Bank charged again by SFO over £2.2bn Qatar loan
Charges relating to emergency fundraising in 2008 follow case against parent company last year
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Lloyds becomes first FTSE 100 firm to set ethnic diversity target 12 Feb 7:47am Updated Lloyds becomes first FTSE 100 firm to set ethnic diversity target
Bank aims to have 8% of senior management from a black, Asian or minority ethnic background by 2020 Lloyds Banking Group plans to raise the proportion of staff from black, Asian or minority ethnic backgrounds to 8% of senior management by 2020.
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Carillion: 4,400 jobs saved on prison and defence contracts 12 Feb 7:01am Carillion: 4,400 jobs saved on prison and defence contracts
More than a third of collapsed contractor’s 19,500-strong staff have now found new roles More than 4,400 staff who worked for
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FTSE 100 opens higher after Dow recovery but investors remain cautious - business live 12 Feb 4:16am Updated FTSE 100 opens higher after Dow recovery but investors remain cautious - business live
Late rally on Wall Street lifts European shares after $4trn losses last week
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Barclays Bank faces fresh SFO charges over £2.2bn Qatar loan 12 Feb 4:05am Updated Barclays Bank faces fresh SFO charges over £2.2bn Qatar loan
Charges relating to emergency fundraising in 2008 follow case against parent company last year
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Why did easyJet cancel our booking … but fail to tell us? 12 Feb 3:40am Updated Why did easyJet cancel our booking … but fail to tell us?
If we had turned up we would have been denied boarding – I’d like to know if I can make a claim
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FTSE 100 opens higher after Dow recovery but volatility remains - business live 12 Feb 3:05am FTSE 100 opens higher after Dow recovery but volatility remains - business live
Late rally on Wall Street lifts European shares after $4trn losses last week
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FTSE 100 expected to open higher but volatility remains - business live 12 Feb 2:55am FTSE 100 expected to open higher but volatility remains - business live
Late rally on Wall Street forecast to lift European shares after $4trn losses last week
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Warren Evans jobs at risk as bedmaker calls in administrators 12 Feb 2:08am Warren Evans jobs at risk as bedmaker calls in administrators
Award-winning company renowned for green credentials struggles to find buyer Staff at the
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Interest rate rise would hit millions in UK who depend on cheap credit 12 Feb 1:01am Interest rate rise would hit millions in UK who depend on cheap credit
Almost half of low-income families are believed to be in debt distress already The Bank of England’s warning that it plans to raise interest rates from as early as May will hit millions of low-income families who have only survived financially for a decade by using cheap credit. The Resolution Foundation said almost half of low-income families were in debt distress before Threadneedle Street said last week that
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UK tenants paid record £50bn in rents in 2017 12 Feb 1:00am UK tenants paid record £50bn in rents in 2017
Rents double in a decade and could eclipse entire sum paid for mortgages by homeowners The total amount of rent paid by tenants in Britain soared to more than £50bn in 2017, more than double the level of a decade ago, and may soon eclipse the entire sum paid out by homeowners for their mortgages. The figures, compiled by the UK’s biggest estate agency and mortgage broker, Countrywide, reveal the dramatic reshaping of the property market in recent years as home ownership levels have gone into reverse.
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