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The kid gloves must come off when dealing with the Ashleys and GreensMorning Star OnlineThe BHS report concludes that Green has a “moral duty” to repay the money he has removed from the pension fund. All very well — but if ... Back in the innocent days of the 2015 Labour leadership contest, Jeremy Corbyn said: “I don't do personal attacks.and more »
Daily MailThree quarters of Brits buying cheap phones online are ripped offDaily MailTo stay safe when buying online, Dominic Littlewood, TV host and journalist who specialises in consumer affairs, told Mailonline 'pay with a credit card or a service like PayPal where you have protection under the Consumer Credit Act.' He also said ...and more »
Ars Technica UKBitcoins aren't currency, so state money laws don't apply, says Florida judgeArs Technica UKAccording to the judge's summary, at this meeting Arias, working still undercover, told the vendor that he was interested in buying “stolen credit card numbers from Russians” and would be using the bitcoins to pay for them. Arias asked Espinoza if he'd ...Florida Man cleared of money laundering after selling Bitcoins to Agent PonziThe RegisterBitcoin isn't money, a Florida judge rulesBusiness InsiderBitcoin: Man charged with illegally laundering $1500 worth of currency has trial thrown outInternational Business Times UKMiami Herald -Miami Heraldall 73 news articles »
Mirror.co.ukSantander plans to slash 123 current account from 3% to 2% interest rateMirror.co.ukThe rumour emerged on the same day Santander revealed profits in the UK jumped 16% to nearly £1.1bn between January and the end of June. Santander's 123 ... The figure includes both current account and 123 credit card customers. Santander said ...and more »
Moneywise MagazineThe pros and cons of moving your pensionMoneywise MagazineYou might be tempted to switch pension providers to get your hands on your money, find a better deal, or to bring a number of pensions into one place. But before you move your .... If this is just some low-cost funds, then a personal pension from an ...
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Why Investors Are Too Wary of Some Brexit Blows - Wall Street Journal

Mortgage StrategyWhy Investors Are Too Wary of Some Brexit BlowsWall Street JournalVirgin Money is at the sharp-end of Brexit risks: a smaller, upstart bank almost entirely focused on mortgages, 18% of which are riskier buy-to-let loans. It is gaining market share and took 13% of U.K. net new mortgage lending in the first half ...Virgin Money's pre-tax profit up 53%Mortgage StrategyVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money CEO: More Mortgages Paid Down Post-BrexitYahoo Finance UKFT Adviser -Financial Times -Evening Standardall 27 news articles »
(26-07-2016)

UPDATED: Virgin Money hails excellent first half of years as mortgages and credit cards drive growth - The Northern Echo (registration)

The Northern Echo (registration)UPDATED: Virgin Money hails excellent first half of years as mortgages and credit cards drive growthThe Northern Echo (registration)A CHALLENGER bank has hailed its untapped potential after homeowners' ambitions to climb the property ladder and shoppers' retail cravings remained undimmed by the Brexit vote. Virgin Money says there are no limits on what it can achieve after greater ...
(26-07-2016)

Where to put £1000 in a world of negative interest rates - The Guardian

The GuardianWhere to put £1000 in a world of negative interest ratesThe GuardianBut in finance you don't get this sort of return without lots of risk; China, Sweden and the US have already seen peer-to-peer companies collapse, and in the UK if anything goes wrong you're in the cold. There is no safety net if the company goes bust ...
(26-07-2016)

Virgin Money's pre-tax profit up 53% - Mortgage Strategy

Mortgage StrategyVirgin Money's pre-tax profit up 53%Mortgage StrategyVirgin's mortgage book is now 82 per cent residential mortgages and 18 per cent buy-to-let. However, Virgin Money says there is a risk the UK mortgage market could slow down. Other risks include interest rates staying low for longer and rising ...Virgin Money: Mortgage Completion Rate Higher Post-BrexitYahoo Finance UKVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money worth 88% moreInteractive InvestorFT Adviser -Financial Times -Evening Standardall 33 news articles »
(26-07-2016)

Bank of England policymaker backs stimulus as UK economy ... - The Guardian

The GuardianBank of England policymaker backs stimulus as UK economy ...The GuardianAhead of some key central bank meetings this week, notably the US Federal Reserve and the Bank of Japan, investors managed to hold their nerve. So despite ...and more »
(26-07-2016)

Bank of England policymaker backs stimulus as UK economy worsens – as it happened - The Guardian

The GuardianBank of England policymaker backs stimulus as UK economy worsens – as it happenedThe GuardianLending to UK business and housebuyers has fallen, highlighting nervousness created by the EU referendum. Mortgage approvals fell to 40,103 in June, down from 41,842 [corrected] in May, according to the British Bankers Association. That's the fewest ...and more »
(26-07-2016)

Bank of England policymaker backs stimulus as UK economy worsens – business live - The Guardian

The GuardianBank of England policymaker backs stimulus as UK economy worsens – business liveThe GuardianIn sum, the US data seems to point to a possible rate rise this year, which has not been lost on the stock market. Wall Street has now lost ground, with the Dow Jones Industrial Average now down 80 points or 0.44%. Joshua Mahony, market analyst at IG ...and more »
(26-07-2016)

First Brexit, now this: British companies could be forced to pay to put their money in the bank - Quartz

QuartzFirst Brexit, now this: British companies could be forced to pay to put their money in the bankQuartzIn yet another sign the financial world is being turned on its head, one of the UK's biggest banks has warned customers that it may saddle them with negative interest rates. That is, depositors would be charged for putting their money in the bank ...RBS fires warning shot to Bank of England over negative interest ratesThe Week UKJust when you thought it couldn't get worse... Banks plan NEGATIVE interest ratesMirror.co.ukCharges loom for in-credit bankingThe IndependentDaily Mail -The Guardian -iNewsall 70 news articles »
(26-07-2016)

7 ESSENTIAL money tips to consider when moving abroad - World First Foreign Currency Exchange (blog)

7 ESSENTIAL money tips to consider when moving abroadWorld First Foreign Currency Exchange (blog)Moving abroad will always result in a change to your financial circumstances including: personal tax, inheritance tax, pensions, property, savings and investments. Exchange rates will also have an effect on how you plan your finances hence the need for ...
(26-07-2016)

BHS: Sir Philip Green threatens to sue Frank Field - The Week UK

The Week UKBHS: Sir Philip Green threatens to sue Frank FieldThe Week UKWhen the music stopped, he had no money," Field said. "Sir Philip Green has a huge amount of money, unlike Robert Maxwell. If he wishes now to make good the pension deficit to those 22,000 pensioners he could do it. He keeps talking about it, but doesn ...Green under pressure over BHS scandal, as UK business confidence slides – as it happenedThe GuardianMPs Deliver BHS ReportVogue.co.ukTheresa May faces pressure to demand Philip Green lose knighthood over BHS scandalDaily MailThe Independent -BBC News -International Adviserall 383 news articles »
(26-07-2016)

Virgin Money profits boom as customers splurge on credit cards - Telegraph.co.uk

Telegraph.co.ukVirgin Money profits boom as customers splurge on credit cardsTelegraph.co.ukVirgin Money profits boom as customers splurge on credit cards. Jayne-Anne ... One main driver of that growth was a splurge by credit card customers who now have £2.1bn of debt on their plastic, almost double the £1.1bn balance they held a year ago.Virgin Money worth 88% moreInteractive Investorall 42 news articles »
(26-07-2016)

Equity release mortgages: a 'get out of jail free' card for homeowners? - Spectator.co.uk (blog)

Spectator.co.uk (blog)Equity release mortgages: a 'get out of jail free' card for homeowners?Spectator.co.uk (blog)It might seem as though houses are priced in monopoly money these days – but don't assume the roof over your head will be your 'get out of jail free' card when it comes to saving for a pension. It's not hard to see why so many are lulled into a false ...Millions will need to borrow in retirement to stay in their homeWhat Mortgageall 4 news articles »
(26-07-2016)

Financial watchdog warns on long-term credit card debt - Financial Times

Financial TimesFinancial watchdog warns on long-term credit card debtFinancial TimesThe UK's financial watchdog has attacked credit card providers for squeezing long-term profits from consumers who make monthly minimum repayments for years instead of clearing their debts. Almost one ... Virgin Money's deal lasts for 41 months. When ...FCA unveils proposals to deal with problematic credit card debtThe Money Pagesall 9 news articles »
(26-07-2016)

Bitcoin isn't money, a Florida judge rules - Business Insider UK

Business Insider UKBitcoin isn't money, a Florida judge rulesBusiness Insider UKOver a series of meetings, Espinoza sold the undercover agent $2,000-worth of bitcoin, which the agent said would be used to purchase stolen credit card numbers. Espinoza was then arrested after a bogus fourth sale was arranged for $30,000-worth.Florida Man cleared of money laundering after selling Bitcoins to Agent PonziThe RegisterBitcoin: Man charged with illegally laundering $1500 worth of currency has trial thrown outInternational Business Times UKBitcoin not money, Miami judge rules in dismissing laundering chargesMiami HeraldMiami Heraldall 59 news articles »
(26-07-2016)

Credit card firms ignore persistent debt, says FCA - BBC News

BBC NewsCredit card firms ignore persistent debt, says FCABBC NewsHannah Maundrell, of Money.co.uk price comparison site, said: "Right now, it has never been easier to make sure your credit card stays interest-free for a small fee but having a plan to pay off what you owe is even better. Rewriting the rulebook for ...1.4m 'only making minimum repayments on credit cards'AOL Money UKCredit card crackdown: 5m card holders to receive texts when deals end - and 'rip-off' fees kick inTelegraph.co.ukCapital One trial encouraged minimum payers to up their monthly payments and clear debts quicker - 12% did raising ...This is MoneyExpress.co.uk -Financial Times -The Money Pagesall 14 news articles »
(26-07-2016)
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