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City A.M.Bidders Circle £7bn Credit Cards Giant MBNASky NewsSky News has learnt that Bank of America (BoA) has initiated plans for an auction of MBNA, which has a loan book of about £7bn - equivalent to roughly 11% of the UK credit card market. The sale comes more than four years after ... It is unclear whether ...David and Goliath bidding war could be about to break out between Lloyds and Virgin Money over credit card firm MBNAThis is MoneyFor sale: 10pc of the UK's consumer credit card market, as BAML seeks to offload MBNACity A.M.Bank of America Revives Sale of Credit-Card Issuer MBNAWall Street JournalFinancial Times -London South East (registration) (blog)all 10 news articles »
This is MoneyHouse prices in Britain's biggest cities see double-digit growth but Brexit would trigger slowdown in sales, claims ...This is MoneyHouse prices in Britain's 20 biggest cities continued to see double digit growth in April, but a UK exit from the EU would 'undoubtedly' cause a slowdown in prices and sales, a new report has revealed. If the UK were to vote for 'Brexit' there could be ...and more »
Telegraph.co.uk'I'm 22 and will save £30000 over the next two years - what should I do with it?'Telegraph.co.ukThe 22-year old has been working for British Gas for three years, advising landlords on their insurance. He has ... Firstly, it will determine how much deposit he is able to save, which in turn will determine the size of mortgage he can acquire and ...and more »
iExpats.comAvoiding Pension Freedom Tax Pitfalls With QROPSiExpats.comExpats taking large amounts under pension freedoms from their UK retirement saving face unwelcome demands from the tax man. Two unfortunate consequences ... The personal allowance is deducted and tax charged at 20% on the balance. To get the difference ...
iExpats.comSteel Workers Face Pension Cut NightmareiExpats.comOne solutions for retirement savers facing pension cuts is to transfer out to a SiPP or personal pension if they live in the UK or to a Qualifying Recognised Overseas Pension Scheme (QROPS) if they are expats. However, financial advisers would have to ...and more »
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Japan ATM scam using fraudulent cards nets $12.7m - BBC News

BBC NewsJapan ATM scam using fraudulent cards nets $12.7mBBC NewsCash worth 1.4bn yen ($13m; £8.8m) has been taken from cash machines in Japan using credit cards created with data stolen from a South African bank. The money was withdrawn in less than three hours from 14,000 convenience store cash machines ...Thieves steal £8.8m in ATM bank heist in JapanTelegraph.co.ukAnalysis: Japanese ATM super-raiders bag £9m in 3 hoursSC Magazine UKall 151 news articles »
(23-05-2016)

Injured officers will receive full pensions: Abela - Times of Malta

Times of MaltaInjured officers will receive full pensions: AbelaTimes of MaltaHome Affairs Minister Carmelo Abela at today's press conference. Photo: DOI/Jeremy Wonnacott. Officers unable to complete their service due to injuries suffered in the line of duty will receive full pensions, Home Affairs Minister Carmelo Abela said today.and more »
(23-05-2016)

If I die and my husband remarries, how do I ensure my kids inherit my money? - This is Money

This is MoneyIf I die and my husband remarries, how do I ensure my kids inherit my money?This is MoneyI want to ensure that if I die before my husband he gets the money but if he remarried and then died my half would end up with my children and not with any new spouse or children that she had either with him or previously. He does not want to put the ...
(23-05-2016)

Australia's worst invasive plant species available for import on Amazon and eBay - The Guardian

The GuardianAustralia's worst invasive plant species available for import on Amazon and eBayThe GuardianAny Australian with a credit card can order home delivery of thousands of seeds of gorse, blackberry or cactus. Also available is the Mimosa pigra tree, which the Northern Territory government spends $500,000 each year trying to eradicate from Kakadu ...
(23-05-2016)

U.K. White-Collar Prosecutions Rise as Cybercrime Threat Grows - Bloomberg

U.K. White-Collar Prosecutions Rise as Cybercrime Threat GrowsBloombergAction on white-collar crime has risen up the government agenda, spurred by the 2008 financial crisis and a growing recognition of the damage offenses such as money-laundering can have on London's reputation as a global financial center. Tackling ...and more »
(23-05-2016)

Cashless Britain advances as contactless and debit cards thrive - The Guardian

The GuardianCashless Britain advances as contactless and debit cards thriveThe GuardianThe amount of money now transferred through the direct debit system is vast. In 2015 debits to pay mortgages, rents, energy and other bills were worth £1.22tn. Debit card use is up 10% in 2015 compared with 2014, while credit card usage was up 9%. In ...and more »
(22-05-2016)

BHS inquiry will put spotlight on Goldman's links to Philip Green - Financial Times

Financial TimesBHS inquiry will put spotlight on Goldman's links to Philip GreenFinancial TimesMr Gutman is co-head of both Goldman's UK investment banking operations and its European investment banking services and is a specialist in advising on deals in the consumer and leisure sector. ... Frank Field, who chairs the work and pensions ...and more »
(22-05-2016)

Three things your clients may call you about this week ... - Professional Adviser

Professional AdviserThree things your clients may call you about this week ...Professional AdviserIn response, the UK fund management industry - in the shape of the Investment Association - tells the FT that it is already taking steps to improve transparency by way of a recent commitment to revamp its Disclosure Codes "to ensure we present fuller ...and more »
(22-05-2016)

Elizabeth Warren Wants Turn Labor Protection Back A Century And That's Fine, Just Great - Forbes

Elizabeth Warren Wants Turn Labor Protection Back A Century And That's Fine, Just GreatForbesThat's not actually what she means of course: what she means is which part of your wages don't come to you as money but as things that Elizabeth Warren and the government think you should have instead of money. Health care insurance, unemployment pay ...and more »
(22-05-2016)

Scamwatch: fake Olympics tickets - AOL Money UK

AOL Money UKScamwatch: fake Olympics ticketsAOL Money UK... company has a proper UK address and landline phone number, rather than just a PO Box. Other steps you can take to protect yourself include checking forums to see if other people have had a bad experience with the ticket seller, and paying by credit ...and more »
(22-05-2016)

If Finance Is More Of GDP Than It Is Of Employment Then That Means Finance Is Highly Productive - Forbes

If Finance Is More Of GDP Than It Is Of Employment Then That Means Finance Is Highly ProductiveForbesWe take credit card debts, or mortgages, auto or student loans and put them into a great big pool. Then we sell shares in that pool to people. If that's all we did then we would still have done well. No one individual wants to hold the credit risk of ...
(22-05-2016)

Banks may launch 'divorce mortgages' to spare couples agony of losing their homes - Daily Mail

Daily MailBanks may launch 'divorce mortgages' to spare couples agony of losing their homesDaily MailDivorcees facing the extra heartbreak of having to sell the family home could soon be offered a lifeline. Lenders are said to be devising a new 'divorce' mortgage which could be offered by the end of the year. It would allow someone to borrow enough ...
(22-05-2016)

Coronation Street's Adam Rickitt always dreamed of being mortgage-free | This is Money - This is Money

This is MoneyCoronation Street's Adam Rickitt always dreamed of being mortgage-free | This is MoneyThis is MoneyWith wife Katy, a 32-year-old Good Morning Britain reporter, he lives in a 200-year-old cottage in Stratford-upon-Avon and is currently filming a Second World War drama. What did your parents teach you about money? To be sensible, plan for rainy days ...
(22-05-2016)

Coronation Street's Adam Rickitt always dreamed of being mortgage-free - This is Money

This is MoneyCoronation Street's Adam Rickitt always dreamed of being mortgage-freeThis is MoneyWith wife Katy, a 32-year-old Good Morning Britain reporter, he lives in a 200-year-old cottage in Stratford-upon-Avon and is currently filming a Second World War drama. ... He was good with other people's money, but with his own he was too extravagant.
(22-05-2016)

Actor Adam Rickitt: Coronation Street made me famous - but my dream was always to be mortgage-free - This is Money

This is MoneyActor Adam Rickitt: Coronation Street made me famous - but my dream was always to be mortgage-freeThis is MoneyAdam, who shot to fame as Nick Tilsley on Coronation Street in 1997 and went on to play Kieran Mitchell in the Kiwi soap Shortland Street, used to earn up to £10,000 an hour for personal appearances in nightclubs in the 1990s. .... is making a real ...
(22-05-2016)
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