Financial news

• AI could be an existential threat to publishers – that’s why Mumsnet is fighting back | Justine Roberts

  28-09-2024 09:00 via theguardian.com
  
  There is nothing wrong with mining content for data, but it has to be properly regulated and creators must be compensatedJustine Roberts is the CEO of MumsnetAfter nearly 25 years as a founder of Mumsnet, I considered myself pretty unshockable when it came to the workings of big tech. But my jaw hit the floor last week when I read that Google was pushing to overhaul UK copyright law in a way that would allow it to freely mine other publishers’ content for commercial gain without compensati
  
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• UK must choose between EU and Trump, trade experts warn

  16-11-2024 20:10 via theguardian.com
  
  Pascal Lamy, former head of the WTO, says Britain will have to take sides if new US administration slaps hefty tariffs on imports, as fears grow over possible trade warThe former head of the World Trade Organisation (WTO) has said that the UK should side with the European Union over trade and economic policies rather than a Donald Trump-led US, as fears grow over a possible global trade war.Pascal Lamy, who was head of the WTO from 2005 to 2013, said it was clear that the UK’s interests la
  
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• The Observer view on trade relations: Closer ties with the EU is the lever for economic growth | Observer editorial

  16-11-2024 20:00 via theguardian.com
  
  Amid sluggish UK productivity and global insecurity, pulling closer to Europe is diplomatically and economically vitalAchieving the fastest sustainable growth in the G7 was the Labour party’s highest-profile pledge going into the general election last July. Chancellor Rachel Reeves has said that boosting growth is “at the heart of everything she does”. But there was concerning news last week with new figures showing the economy grew by just 0.1% in the three months to the end o
  
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• UN warns of ‘economic carnage’ if G20 leaders cannot agree on climate finance for poor countries

  16-11-2024 18:55 via theguardian.com
  
  Wealthy nations are yet to offer the hundreds of billions of dollars that economists say are needed to help the developing world cut emissionsLeaders of the world’s biggest economies meeting in Rio de Janeiro on Monday must agree to provide the finance that the world’s poorest need to tackle the climate crisis or face “economic carnage”, the UN has warned.The G20 nations are about to gather in Brazil for two days of talks, while many of their ministers remain in Azerbaija
  
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• Streeting’s reforms could save the NHS from the private sector. He must not fail

  16-11-2024 18:00 via theguardian.com
  
  Fears over the health secretary’s plan are understandable. But patients and doctors alike are now fleeing the service for other providersThere is going to be lots of angst in Labour ranks about the government’s proposed health reforms. At first glance they appear to be a reheated collection of Blairite targets and financial strictures that smack of privatisation by the back door.When the former health secretary and arch-Blairite Alan Milburn was installed by his successor Wes St
  
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• Putin, Xi, Trump… The barbarians are at the gate but Europe’s leaders are too busy infighting to notice | Simon Tisdall

  16-11-2024 18:00 via theguardian.com
  
  Amid threats to its ‘reason for being’, the EU must stop squabbling and take a standFiddling while Rome burns fairly describes the antics of party leaders in the European parliament last week. The EU is under siege from present-day descendants of the Goths, Mongols and Vandals. But what were top MEPs doing? Haggling over who gets which well-padded seat in the European Commission – as if it really matters in a chaotic, predatory world where Europe is a tethered, bleating goat su
  
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• Sticky carpets, pickled eggs and pints for a fiver: why there’s life in the old-school boozer yet

  16-11-2024 17:30 via theguardian.com
  
  Pubs are closing at an alarming rate, but a new list of London’s best reveals a preference for traditional ‘wet-led’ venues, with Irish music nights and seat-stealing catsIn the Palm Tree pub, east London, barman Alf is taking only cash at the rattling 1960s till. The building, which is Grade II-listed, stands in the middle of Mile End Park, and Alf has worked here since 1976. “It’s a wonderful pub,” he says.It is also ranked fifth in Time Out’s 50 Best
  
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• Elon Musk is not America’s new king. But he might be its new Thomas Cromwell | John Naughton

  16-11-2024 17:00 via theguardian.com
  
  The billionaire was indispensable to Trump’s campaign and now has a senior job. He is about to become dangerously usefulPicture, if you will, the scene in Mar-a-Lago on election night at the moment when it’s become clear that Trump has won. The atmosphere is hysterical. Trump is in expansive form. He stands surrounded by his ghastly tribe of dependants, plus AN Other. In his victory speech, the president-elect praises his campaign staff, his prospective vice-president, and his family
  
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• Return of the green fairy: once-notorious absinthe enjoys UK revival

  16-11-2024 16:00 via theguardian.com
  Launch of numerous new brands is behind the resurgent popularity and demand for the bohemian spirit banned in France for 100 yearsIt was the spirit of choice for history’s most bohemian creatives, from Oscar Wilde to Vincent van Gogh, popular during the belle époque for its high alcoholic content and supposedly mind-altering effects.Absinthe, known as the “green fairy”, was banned by French officials in 1915 for almost 100 years. But now it is enjoying a resurgence in po
  
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• United Utilities refuses to hand over data on sewage discharges into Windermere

  16-11-2024 15:26 via theguardian.com
  
  Water company claims information is not in the public interest despite widespread pollution of UK waters• ‘It’s a national disgrace’: fury at sewage-filled Windermere over toxic algae and dead fishOne of the UK’s biggest water companies is fighting a legal battle to block public access to data on treated sewage it is discharging into Windermere in the Lake District.United Utilities initially claimed that data from phosphorus monitors at sewage treatment works at the
  
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• Bullet strikes Southwest Airlines plane in Dallas prior to departure

  16-11-2024 14:49 via theguardian.com
  
  The aircraft was preparing to depart when it was stuck just under the flight deck,and no injuries were reportedA bullet struck a Southwest Airlines airplane preparing for departure from a Dallas airport, forcing the cancellation of the Friday evening flight, the airline said.No injuries were reported and law enforcement was contacted after the bullet struck the right side of the aircraft just under the flight deck. At the time, the crew of Flight 2494 was preparing the plane for departure from D
  
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• Middle class millennials set to gain most from ‘unprecedented’ wealth transfer

  16-11-2024 14:41 via theguardian.com
  
  Property asset boom is cascading down the generations, with wealthiest parents far more likely to enrich their children, says Resolution FoundationThe wealthiest baby boomers are more than twice as likely to pass on gifts to their children than their poorer counterparts, according to research suggesting that a huge transfer of wealth and assets now taking place will exacerbate inequalities.Britain’s decades-long wealth boom is now being passed down the generations. The number of gifts and
  
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• Farmers protest as Keir Starmer says he will defend the budget ‘all day long’

  16-11-2024 14:22 via theguardian.com
  
  Prime minister hails ‘path of change’ in Wales and Westminster at Welsh Labour conference in LlandudnoKeir Starmer said he would defend the budget “all day long” at the Welsh Labour conference, amid protests by farmers outside the venue.In his first address to the Welsh Labour conference since taking power, the prime minister went on to hail a “path of change” with Labour governments in Wales and Westminster. Continue reading...
  
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• What is Bluesky and why are so many people suddenly leaving X for the platform?

  16-11-2024 12:31 via theguardian.com
  
  Users turn to the heavily moderated network after warnings about misinformation on Elon Musk’s XThe great X-odus is under way. More than 1 million new users have joined the social media platform Bluesky since the US election.Many are seeking to escape Elon Musk’s X amid warnings from anti-hate speech campaign groups and the EU about misinformation and extremism on the platform. Continue reading...
  
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• ‘Here’s how it feels’: how a Lebanese businessman lost everything in five years of turmoil and war

  16-11-2024 12:10 via theguardian.com
  
  Beirut property developer among many denied access to fortunes by banks after a financial crisis and now reeling from effects of Israel’s airstrikesFrom the balcony of his flat in a monied suburb nestled in the mountains overlooking Beirut, Ibrahim Abdallah could see the smoke rising from a night of airstrikes that pummelled the ghostly southern suburbs below.Columns of white smoke drifted over the smouldering, scarred and deserted tower blocks and up into the tree-lined hills, where some
  
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• UK pensions: how to save for retirement from A to Z

  16-11-2024 09:00 via theguardian.com
  
  Everything you need to know to plan for your future after Rachel Reeves’s inheritance tax changes in the budgetSince 2012, employers have had to enrol eligible workers in a pension scheme. You can opt out if you want, but the idea is that you are less likely to leave a pension than start one. Once in the scheme, your employer must make payments worth at least 3% of your salary. You must put in the equivalent of at least 5% of your pre-tax salary. But many experts say that isn’t
  
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• Martin Lewis warns who is ‘very unlikely’ to get council tax rebanded

  16-11-2024 08:00 via express.co.uk
  
  The Money Saving Expert founder dedicated a recent episode of his ITV show to council tax - as many families could get a refund for thousands of pounds.
  
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• Warning to Nationwide, Santander and HSBC customers as mortgage bills increase

  16-11-2024 06:01 via express.co.uk
  
  Several big mortgage lenders have raised interest rates this week, putting an end to many sub-4% deals on offer.
  
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• Tesco’s £25 champagne beats Moët & Chandon in festive taste test

  16-11-2024 06:00 via theguardian.com
  
  Supermarket fizz bursts the prestigious French label’s bubble in blind tastings by consumer group Which?Champagne at prosecco prices? Every little helps. Tesco’s Finest champagne has triumphed over the prestigious French label Moët & Chandon in a festive quaff test.The Tesco Finest premier cru brut champagne received the top score of 82% in a blind taste test conducted by the consumer group Which?. The £25-a-bottle bubbly was hailed by judges for its “nutty aroma
  
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• DWP urges one group to make claim before deadline to receive £3,900 and Winter Fuel Paymen

  16-11-2024 06:00 via express.co.uk
  
  The recent eligibility change to Winter Fuel Payments means that Pension Credit claimants will automatically qualify for a payment of up to £300
  
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• Houses in national parks in England and Wales sell for 25% more, study finds

  16-11-2024 01:01 via theguardian.com
  
  Nationwide says New Forest is most expensive national park with an average property price of £576,000Buying a home in a national park comes at a 25% price premium, with the New Forest the most expensive of the 13 parks in England and Wales, according to Britain’s biggest building society.Nationwide said properties in a national park enjoy a valuation almost £67,000 more than a similar property elsewhere, based on the average UK house price of £266,640.New Forest – &
  
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• ‘The UK state pension rule that’s left me wondering if the country is broken’

  15-11-2024 20:56 via express.co.uk
  
  A social media influencer has slammed state pension entitlement rules, suggesting that those who have worked for decades are no better off than those who have not.
  
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• Bank raises interest rate on fixed savings account to 4.6% and earns ‘excellent’ rating

  15-11-2024 16:54 via express.co.uk
  
  The new savings deal offers a "highly competitive rate" for its term, an expert has said.
  
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• Phil Spencer warns first-time buyers LISA 'might not be for you' on these conditions

  15-11-2024 16:40 via express.co.uk
  
  First-time buyers need to be aware of LISA rules to avoid getting stung, a property expert has warned.
  
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• Thousands of young Brits could be owed free £2,000 - here's how to claim

  15-11-2024 16:16 via express.co.uk
  
  It's estimated that around 1.5 million Child Trust Fund accounts have been forgotten about - but people could claim a share of £1.4bn that's sitting in them
  
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• ‘Glad to be here’: whether for Le Creuset or Sephora, Britons seem to love a queue

  15-11-2024 14:51 via theguardian.com
  
  People lining up for recent retail offerings in Birmingham and Hampshire are part of a long tradition, say expertsIn the early hours of Wednesday inside the Bullring shopping centre in Birmingham there were scenes reminiscent of a political sit-in, or perhaps an emergency shelter. Clips shared on social media showed hundreds of people sitting or lying quietly on the floor, tightly packed together. “Regretting life decisions at the moment,” wrote one TikTok poster. “Currently 5.
  
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• Urgent warning as phone scammers deploy this sneaky new cover-up

  15-11-2024 13:22 via express.co.uk
  
  Britons are being pressured into sharing personal details under the guise of booking British Gas appointments.
  
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• Use simple item to keep yourself warm for as little as 3p an hour this winter

  15-11-2024 12:58 via express.co.uk
  
  A lot of people want to know how they can stay warm for less this winter. It turns out you only need one thing to be savvy.
  
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• Homes for sale in converted historic buildings in England – in pictures

  15-11-2024 08:00 via theguardian.com
  
  From a former London printworks to a grand Georgian naval hospital Continue reading...
  
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• How to find genuinely good Black Friday deals: experts share their tips on everything from TVs to skincare

  14-11-2024 19:00 via theguardian.com
  
  Looking for a big-ticket bargain or a bit of money off your Christmas shopping? We asked experts about finding genuine deals and avoiding dud buys in fashion, skincare, tech and moreThe best deals – or buyers’ remorse? How to make sure you’re not ripped off on Black Friday and Cyber MondayWhether you’re after a half-price smartphone or a designer coat that won’t break the bank, Black Friday can be excellent for finding that bargain. Retailers want to flog off old st
  
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