Difference between French and German borrowing costs widens after public buildings burned and shops lootedFrance has been hit by a fresh wave of selling in its bond and stock markets after violent protests over the weekend led to thousands of arrests and left public buildings burned and hundreds of shops looted across the country.The chaos has spooked investors as analysts worried that it would undermine Paris’s efforts to cut spending and reduce its debt. Continue reading...
Concerns financial contracts known as derivatives were incorrectly logged, potentially boosting Barclays’ profitsThe Bank of England is reportedly looking into Barclays’ handling of loans linked to the embattled private credit sector.The Bank’s regulatory arm, the Prudential Regulation Authority (PRA), started reviewing the matter this year after concerns were raised by a Barclays insider, according to the Financial Times. Continue reading...
Singer ‘mortified’ about wearing diamonds from Argyle mine at centre of environmental concerns about Indigenous landThe singer Ellie Goulding has admitted her error at having promoted diamonds at the centre of environmental concerns about Indigenous land in Australia, despite having spent years campaigning on environmental issues – including the effects of mining on ancestral lands.She appeared at a event in London earlier this month for the jewellery brand Boodles, modelling some of its newly acquired pink diamonds, some of which came from a controversial mine in Western Australia....
Antisocial behaviour on buses in England could lead to fines while a new campaign is also being launched for trains. A national campaign asking rail passengers "share the carriage, not the noise" is being launched.
Hamptons says figure of 56% is highest in at least a decade, with mortgage rates rising since start of Iran warA majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found.Last month 56% of first-time buyers said their monthly mortgage bills exceeded their previous rent, the highest proportion in at least a decade, according to Hamptons. They paid £39 more on average. Continue reading...
Despite recent progress, almost a fifth of air travellers with disabilities are still dissatisfied with their experienceDisabled passengers will have better safeguards when flying, the government has pledged, including protection from damaged wheelchairs and support from trained staff.A report from an industry-led accessibility group said there was “much more to be done” but progress was being made, a year after a review led by Tanni Grey-Thompson demanded action to improve air travel in response to numerous incidents in which passengers had been left stranded without assistance. Con...
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