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  • Monday newspaper round-up: Banks, rail passengers, Centrica, Lendy

    Monday 22 Jul 2019

    (Sharecast News) - Banks are closing branches in deprived communities in England four times faster than in wealthy areas. High street banks have collectively closed 990 branches in the most deprived areas of the country since 2010, compared with 230 in the richest local authorities. - Guardian

  • Sunday newspaper round-up: Boris Johnson, no-deal Brexit, Neil Woodford, Starbucks, Centrica, Whitbread

    Sunday 21 Jul 2019

    (Sharecast News) - Philip Hammond has announced that he will resign from the government before Theresa May leaves office instead of waiting to be sacked by Boris Johnson. The chancellor is the second cabinet minister to pre-announce his departure after David Gauke, the justice secretary, also ruled out serving under the frontrunner for the Conservative leadership. - The Sunday Times

  • Friday newspaper round-up: Boeing, Waitrose, Inmarsat

    Friday 19 Jul 2019

    (Sharecast News) - Boeing reported on Thursday it would take an after-tax charge of $4.9bn in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 Max passenger jets, after two deadly crashes. The charge is from "potential concessions and other considerations to customers", and the impact of continued lower production, the world's largest plane maker said in a statement, as airlines that use the planes extend flight cancellations until November. - Guardian

  • Thursday newspaper round-up: Netflix, Woodford, De La Rue

    Thursday 18 Jul 2019

    (Sharecast News) - The City watchdog has admitted that its rules are so complex that even its staff may not understand which investment products come under its jurisdiction. The chairman of the Financial Conduct Authority made the concession during a tempestuous annual public meeting in London on Wednesday, where consumers criticised the regulator for failing to protect them from a growing list of scandals. - Guardian

  • Wednesday newspaper round-up: In-work poverty, UK jobs warning, Bitcoin

    Wednesday 17 Jul 2019

    (Sharecast News) - Britain's weak wage growth and rising prices have delivered a hit to living standards of a severity normally only seen during a deep recession, a leading thinktank has said. While official data has shown a pick-up in real earnings growth in recent months, the Resolution Foundation said household incomes had declined by 0.5% in the period from 2016-17 to 2018-19. - Guardian

  • Tuesday newspaper round-up: Jaguar Land Rover, gender diversity, AstraZeneca

    Tuesday 16 Jul 2019

    (Sharecast News) - London and the southern regions of England are facing a dearth of teachers, nurses and police officers as rising rents make housing in large parts of the UK unaffordable for key public sector workers. A report by the consultancy firm PricewaterhouseCoopers said there was an urgent need to increase the supply of homes after it found that the failure of public sector pay to keep pace with soaring housing costs had made it increasingly hard for workers on modest incomes to make ends meet. - Guardian

  • Monday newspaper round-up: Brexit, Deutsche Bank, Woodford

    Monday 08 Jul 2019

    (Sharecast News) - The feeling of relief in the British car industry was almost palpable on Friday, when Jaguar Land Rover said it would invest billions in producing new electric vehicles in the UK. After the recent closure of two other UK automotive factories in five months - Honda in Swindon and Ford in Bridgend - JLR boss Ralf Speth was clearly pleased to have good news for the 2,500 workers at the Castle Bromwich plant. Yet amid the congratulations, Speth also struck a note of warning. Not on Brexit this time, but on the future of the car sector in the absence of a British battery industry. "One thing is clear: if batteries go out of the UK, then also the automotive production will go out of the UK," he said. - Guardian

  • Sunday newspaper round-up: Woodford, GVC, Asos, Brexit, Nationwide, Sainsbury's

    Sunday 07 Jul 2019

    (Sharecast News) - Neil Woodford is set to suffer a fresh blow as a private company that is one of the disgraced stockpicker's biggest holdings prepares to slash its valuation.

  • Friday newspaper round-up: Betting shops, digital tax, Sainsbury's

    Friday 05 Jul 2019

    (Sharecast News) - A quarter of betting shops on UK high streets have been slated for closure, putting 12,000 jobs at risk, with William Hill the latest bookmaker to blame job cuts on stricter regulation of fixed-odds betting terminals (FOBTs). Restrictions cutting the maximum stake on the controversial betting machines from £100 per spin to £2 came into force in April after a lengthy campaign by activists and MPs, who linked the controversial machines to gambling addiction. - Guardian

  • Thursday newspaper round-up: Woodhouse, Osborne, Boeing, Woodford

    Thursday 04 Jul 2019

    (Sharecast News) - Two of the most senior advisers to Northern Powerhouse Developments, the company owned by embattled financier Gavin Woodhouse, have quit the business in the wake of a series of allegations about its finances. The departures have emerged a week after publication of an undercover investigation by the Guardian and ITV News, which raised questions about the business interests of Woodhouse, who has raised millions from private investors but whose firms have a multimillion-pound "black hole". - Guardian

  • Wednesday newspaper round-up: Facebook, gambling firms, Tesla, new homes

    Wednesday 03 Jul 2019

    (Sharecast News) - Facebook's plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, according to one of the UK's most senior financial regulators. Christopher Woolard, the executive director of strategy and competition at the UK's Financial Conduct Authority (FCA) highlighted a series of potential issues with the digital currency, from consumer protection and privacy concerns to financial market stability. - Guardian

  • Tuesday newspaper round-up: Woodford fund, British Steel, WPP

    Tuesday 02 Jul 2019

    (Sharecast News) - Investors will be locked into Neil Woodford's flagship fund for at least another month after a block on withdrawals was extended. The Woodford Equity Income Fund - which was valued at £3.7bn at the end of May - will stay closed until the next review deadline of 29 July, preventing hundreds of thousands of customers from accessing their money. - Guardian

  • Monday newspaper round-up: Mobile banking, HSBC, Woodford

    Monday 01 Jul 2019

    (Sharecast News) - Mobile banking is set to be more popular than visiting a high street bank branch within two years, according to new forecasts, highlighting how technology is transforming the way Brits bank. The tipping point will arrive in 2021, according to analysis by the consultancy Caci, when the number of customers regularly using branches will be overtaken by those using apps. - Guardian

  • Sunday newspaper round-up: Trump and Kim, G-20, Boris' Brexit

    Sunday 30 Jun 2019

    (Sharecast News) - President Trump became the first United States leader to enter North Korea this morning, during a hastily arranged meeting with Kim Jong-un at the country's tense border with South Korea.

  • Friday newspaper round-up: Woodhouse, Glencore, retailers, online fashion

    Friday 28 Jun 2019

    (Sharecast News) - Seven investors, who ploughed their savings into businesses owned by the embattled financier Gavin Woodhouse, have applied to the high court to have four of his companies taken into administration. The move comes a day after an undercover investigation by the Guardian and ITV News highlighted questions about the business interests of Woodhouse, who has raised millions of pounds from private investors but whose firms have a multimillion-pound "black hole". - Guardian

  • Thursday newspaper round-up: United Airlines, Starbucks, Jeremy Hunt, housebuilders

    Thursday 27 Jun 2019

    (Sharecast News) - United Airlines has become the latest carrier to extend its ban on using the Boeing 737 Max after the US aviation regulator said it had identified a new potential risk with the plane. As the Federal Aviation Administration said on Wednesday that Boeing must address the new issue before the jet can return to service, United joined American and Southwest in continuing to ground the plane through August. - Guardian

  • Wednesday newspaper round-up: Ikea homes, robots, Lookers, Credit Suisse

    Wednesday 26 Jun 2019

    (Sharecast News) - Homebuyers in a town where properties typically cost almost 12 times local salaries may soon have a low-cost option from Ikea after a UK council agreed to work with an affordable housing developer co-owned by the retailer. Worthing council has signed up with BoKlok, a company jointly owned by the Swedish retailer and construction firm Skanska which specialises in factory-built housing that can be constructed at a low cost. - Guardian

  • Tuesday newspaper round-up: Tax cuts, Monzo, FirstGroup, climate change

    Tuesday 25 Jun 2019

    (Sharecast News) - Britain's foremost tax and spending thinktank has said that Boris Johnson's promise to cut taxes for millions of higher earners would cost £9bn and benefit the richest 10% of households in Britain most. The Institute for Fiscal Studies (IFS) said the proposal by the frontrunner in the Conservative leadership race was expensive and potentially incompatible with the Tories' promise to end austerity and safely manage the public finances. - Guardian

  • Monday newspaper round-up: Brexit, Aston Martin, mobile operators, RBS

    Monday 24 Jun 2019

    (Sharecast News) - Most forms of Brexit will worsen the country's finances and reduce space for new initiatives to address child poverty, social care and left-behind communities that some argue drove the Brexit vote, a report has found. Academics at the UK in a Changing Europe thinktank found a positive outcome depended on politicians being able to move on from the Brexit impasse and focus on longer-term challenges including productivity, regional imbalances and democratic reform. - Guardian

  • Sunday newspaper round-up: Tory leadership race, Iran tensions, Patisserie Valerie, British Steel, Nationwide

    Sunday 23 Jun 2019

    (Sharecast News) - The Tory leadership contest erupted in acrimony last night as Jeremy Hunt said Boris Johnson did not "deserve" to lead the country unless he answered questions about his "character". In an astonishing escalation of hostilities, cabinet allies of Hunt claimed that Johnson's colourful private life meant he was a security risk and vulnerable to blackmail from foreign powers. - The Sunday Times

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