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Wednesday, July 17, 2019
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Troubled Saga soars 13% as ruthless hedge fund Elliott Management buys a 5% stake  17 Jul 4:53pm Troubled Saga soars 13% as ruthless hedge fund Elliott Management buys a 5% stake 
The move by Elliot, run by Wall Street billionaire Paul Singer, could herald a campaign for major changes. Elliott's 5.1 per cent stake emerged after Saga shares hit all-time lows last month.
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Currencies in USD
GBP 1,21 -0,413%
EUR 1,11 +0,180%
CHF 1,02 0,000%
Lawyers and accountants contributed £19bn in taxes last year - up 6.8% from 2016 17 Jul 4:53pm Lawyers and accountants contributed £19bn in taxes last year - up 6.8% from 2016
The legal and accounting sectors made up 2.8 per cent of UK tax receipts. It highlights the importance of professional services in providing funds to the public purse.
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Amazon faces EU probe amid concerns it uses data from small retailers to gain an unfair advantage 17 Jul 4:51pm Amazon faces EU probe amid concerns it uses data from small retailers to gain an unfair advantage
Amazon allows retailers to sign up and sell products alongside those sold directly by Amazon itself - meaning in theory the online giant could undermine independents and favour its own items.
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FTSE LIVE: GVC pounded by gambling clampdown; Sterling in the red again as no-deal Brexit looms 17 Jul 12:54pm Updated FTSE LIVE: GVC pounded by gambling clampdown; Sterling in the red again as no-deal Brexit looms
The FTSE 100 closed down 41.74 points at 7535.46 and the pound was at $1.24 against the dollar.
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Capital gains tax rule change could cost accidental landlords thousands 17 Jul 10:24am Capital gains tax rule change could cost accidental landlords thousands
HM Revenue and Customs has confirmed measures announced in the Spring Statement to curb private residence relief for landlords who once lived in their rental property.
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Ladbrokes and Coral owner GVC hit by gambling machine crackdown 17 Jul 10:05am Updated Ladbrokes and Coral owner GVC hit by gambling machine crackdown
The Ladbrokes and Coral owner, which currently has more than 3,400 shops, said UK retail revenue dropped 19 per cent in the last three months - driven by a 39 per cent plunge in machine sales.
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Experts call for heat networks to be regulated  17 Jul 9:39am Updated Experts call for heat networks to be regulated 
Citizens Advice has called on the Government to extend Ofgem's powers so that it can regulate the industry by July 2022.
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What is Schroders Personal Wealth and how will Lloyds help investors? 17 Jul 7:50am Updated What is Schroders Personal Wealth and how will Lloyds help investors?
The service offered by the new financial planning business from Lloyds Bank and investment management firm Schroders is now open to select Lloyds customers.
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House price growth grinds to a halt across England as drop in London prices weighs on the market 17 Jul 7:37am Updated House price growth grinds to a halt across England as drop in London prices weighs on the market
The capital's property values are down 4.4 per cent over the year to May, and a hefty 2.5 per cent lower than the preceding month - the biggest slide since August 2009.
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Buying holiday cash from a department store could fund a meal abroad 17 Jul 6:54am Updated Buying holiday cash from a department store could fund a meal abroad
The pound has now dropped to a six-month low against the euro and a two-year low against the dollar. And rates are likely to remain uncertain amid political and economic uncertainty.
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The FCA is under fire over yet another scandal where savers lost £106m but no one was charged  17 Jul 4:35am Updated The FCA is under fire over yet another scandal where savers lost £106m but no one was charged 
The Connaught Income Fund Series 1 fell into administration in 2012, losing savers £106 million. No individual was ever charged with any wrongdoing.
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Why that £6.99 DIY will could cost your loved ones a fortune 17 Jul 4:34am Why that £6.99 DIY will could cost your loved ones a fortune
Our probe has found a string of potential pitfalls with popular DIY will packs and online services. In the worst cases, your will could be declared invalid or your loved ones forced into court battles.
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ALEX BRUMMER: Britain takes a pounding 17 Jul 4:31am Updated ALEX BRUMMER: Britain takes a pounding
The dilemma for Bank of England interest rate-setters as they head towards the August meeting and release of the Inflation Report gets tougher by the day.
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ASK TONY: A cracked windscreen cost me £542 to repair. So why did Saga only offer £100? 17 Jul 4:30am Updated ASK TONY: A cracked windscreen cost me £542 to repair. So why did Saga only offer £100?
My rear windscreen was shattered by a stone on a Friday afternoon. I contacted my insurer, Saga, and was given details for its chosen windscreen firms.
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Chorley Building Society launches a new savings deal just for the over-60s paying £1.35% 17 Jul 4:18am Updated Chorley Building Society launches a new savings deal just for the over-60s paying £1.35%
You need to deposit £170,000 in the account to earn 1.35% which means it is a non-starter for many people because under the Financial Services Compensation Scheme, only £85,000 is covered.
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Is it any wonder women like Maggie had no idea that their state pension age was rising? 17 Jul 3:57am Updated Is it any wonder women like Maggie had no idea that their state pension age was rising?
Maggie Briley, 64, of Leigh-on-Sea, Essex, said she had no idea her pension age was rising and by the time she learned she would have to wait til 65 she had already quit her full-time job.
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Banks revive an old way of making cash: Charging YOU for advice  17 Jul 3:11am Updated Banks revive an old way of making cash: Charging YOU for advice 
The service offered by the new financial planning business from Lloyds Bank and investment management firm Schroders is now open to select Lloyds customers.
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Burberry delights investors as the weak British pound drives tourists to its UK stores 17 Jul 3:04am Updated Burberry delights investors as the weak British pound drives tourists to its UK stores
Tourists get a lot more bang for their buck in the UK at the moment with the pound hitting fresh lows against the dollar and the euro in recent months as the risk of a 'no-deal' Brexit looms.
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