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Press round-up from ShareCast

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  • Friday newspaper round-up: Pensions, HBOS, Royal Mail, M&S mortgages
    Fri 20 October 2017 07:28
    (ShareCast News) - One of the most ambitious IT projects ever undertaken in financial services, to provide individuals with an online "pensions dashboard" covering all the schemes they may have, has been given the go ahead by the government. The Departmen

  • Thursday newspaper round-up: Low pay, Lloyds, Bombardier, BP
    Thu 19 October 2017 07:27
    (ShareCast News) - Britain's low pay culture traps people in poorly paid jobs and prevents them from escaping into full-time work with better pay, according to a major study by the government-backed body that tracks social mobility. Only one in six worker

  • Wednesday newspaper round-up: Sainsbury's, Rio Tinto, Monarch
    Wed 18 October 2017 07:25
    (ShareCast News) - Sainsbury's is axing 2,000 store and back office roles as the supermarket chain looks to slash costs by £500m amid an intensifying price war with Aldi and Lidl. The retailer is restructuring its HR departments, getting rid of 1,400 sto

  • Tuesday newspaper round-up: Brexit dinner, Spain, Interserve, Lloyds
    Tue 17 October 2017 07:11
    (ShareCast News) - Theresa May's hopes of breaking a deadlock in Brexit talks appeared to be given a boost after she and Jean-Claude Juncker agreed to "accelerate" negotiations. The Prime Minister flew out to dinner with Mr Juncker, the President of the E

  • Monday newspaper round-up: Missing £490bn, May to Brussels, Chancellor's plans
    Mon 16 October 2017 07:04
    (ShareCast News) - Global banks and international bond strategists have been left stunned by revised ONS figures showing that Britain is £490bn poorer than had been 'assumed and no longer has any reserve of net foreign assets, depriving the country of it

  • Sunday newspaper round-up: Saudi Aramco, IMF, new pound coins, Bank of England, EDF
    Sun 15 October 2017 17:57
    (ShareCast News) - Britain's largest investors have turned up the heat on the City watchdog over its controversial plan to allow Saudi Arabia's state-owned oil giant to float in London. The Financial Conduct Authority (FCA) has proposed bending stock mark

  • Thursday newspaper round-up: National living wage, energy prices, London fintech
    Thu 12 October 2017 07:24
    (ShareCast News) - More than 300,000 people on low incomes were given a pay boost by the government's new "national living wage", dispelling fears that the move to raise minimum salary levels would trigger widespread job losses. The Resolution Foundation

  • Wednesday newspaper round-up: Tesco, energy, RBS, Monarch
    Wed 11 October 2017 07:29
    (ShareCast News) - The sheer scale of supermarket firm Tesco meant the financial picture could change "overnight", a court has heard. Nicholas Purnell QC, for the defence, gave the example of March 2014 when the finance team forecast a monthly sales short

  • Monday newspaper round-up: ONS error, Brexit talks, BT, Just Eat
    Mon 09 October 2017 06:45
    (ShareCast News) - Pressure on the Bank of England to raise interest rates may be building more rapidly than first thought after a mistake by the Office for National Statistics led to domestic inflation being understated. On Friday, the ONS published an e

  • Sunday newspaper round-up: RBS, gambling, Brexit, Centrica, Mirror, EIS
    Sun 08 October 2017 16:30
    (ShareCast News) - Royal Bank of Scotland has been accused of pursuing "unrealistic" business lending targets that risk incentivising reckless lending. The taxpayer-owned bank, which is under intense political pressure to boost support to the economy, has