Tag: financial

Doorstep lender Provident Monetary receives £1.3bn takeover bid | Enterprise

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Provident Monetary, the doorstep lender that fees rates of interest of 535%, has acquired a shock £1.3bn takeover bid from a smaller rival led by its former chief government. The unsolicited bid for the “Provvy” from Non-Customary Finance…

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Nervousness operating excessive about London’s future as a monetary centre | Barry Eichengreen | Enterprise

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Only now, as we method the third anniversary of the UK’s referendum on membership within the European Union, are the implications of leaving the bloc lastly sinking in. One indication, amusing to these with a style for black…

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I’ve lined 9 monetary crises because the 1960s. Right here’s what I discovered | Politics

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I wished to be a journalist from an early age – the age when most of my (male) contemporaries on the market in west Wimbledon had set their sights on turning into footballers or engine drivers. At Wimbledon…

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‘Stress-related sickness has wrecked my monetary plans’ | Cash

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Title: Carol O’HalloranAge: 48Earnings: £60,000Occupation: PR marketing consultant Earlier than my divorce I earned on the highest £144,000 however commonly above £75,000, plus pension, medical and different advantages. I used to be the primary wage earner in our…

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Monetary markets appear misplaced within the fog of Brexit | Nils Pratley | Enterprise

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Mark Carney might simply as simply have shrugged his shoulders and declared that, like the remainder of us, he hasn’t a clue how Brexit will work out. As a substitute, the Financial institution of England governor, obliged to…

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Financial institution of England warns UK financial system set for worst yr since monetary disaster | Enterprise

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The Financial institution of England has warned the financial system is heading in the right direction for its weakest yr for the reason that international monetary disaster, as proof suggests Brexit jitters are spreading from firms to customers….

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The following monetary disaster could come quickly – are all of us that protected? | Kenneth Rogoff | Enterprise

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A decade on from the 2008 world monetary disaster, policymakers continuously guarantee us that the system is far safer right now. The enormous banks on the core of the meltdown have scaled again their dangerous bets, and everybody…

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Millennials’ pay nonetheless stunted by the 2008 monetary crash | Cash

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Millennials who entered the job market through the monetary disaster are nonetheless struggling “scarring” results on their earnings as they enter their mid-30s, making it even tougher for them to deal with the financial pressures of getting a…

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Npower to chop 900 jobs because it predicts marked monetary losses for 2019 | Enterprise

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Npower, one among massive six vitality corporations, is to chop 900 jobs, as the corporate warned it could make important monetary losses this 12 months. The German-owned provider blamed the cuts, about 15% of its UK workforce, on…

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Backlog of economic ombudsman circumstances grows to 30,000 | Enterprise

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Delays in getting a case heard by the Monetary Ombudsman Service (FOS) have grown threefold for the reason that service was reorganised in 2016, and 30,000 circumstances are nonetheless ready to be allotted to an investigator, a whistleblower…

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