Category Archives: Finance News

Mastercard may be forced to make £300 payout to almost ALL British adults – are YOU owed?

Walter Merricks brought the £14billion lawsuit against the payment company in what is a historic case. Mr Merricks claims the company owes the money to their 46 million members after apparently overcharging UK customers in transaction fees. The former financial ombudsman calculated the fee …

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GERMANY FINANCIAL CRISIS: Merkel facing worst growth in A DECADE – 'Good times are OVER!'

The federal government has lowered its growth forecast for 2019 to 0.5 percent, down from an already lowered estimate of 1.0 percent. Initial gross domestic product (GDP) growth expectations for this year were once as high as 1.8 percent. However, the German government is insisting momentum is…

https://is.gd/hG4rFP

Is your Post Office AT RISK? Next high street casualty with '2,000 set to SHUT this year'

It is believed almost 2,000 post offices, which could impact one in five towns, could go as quickly as the end of this year as owners struggle to make ends meet under rising financial pressures. The UK currently has around 11,500 post offices. While major retailers such as WH Smith and Ryman…

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Turkey lira CRISIS: New election could spark CHAOS for currency – market strategist

The Turkish leader has appealed for the Istanbul election to be re-run after his AK Party were defeated by a narrow margin to the main opposition Republican People’s Party (CHP). Recounts ended today and the CHP candidate Ekrem Imamoglu said he expected to be installed as mayor despite protest …

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GOLD RUSH: Precious metal price 'could SOAR toward almost £1,100 by the end of this year'

Bullion prices are often boosted from global uncertainties, with gold considered a safe haven choice for investors in times of economic or political crisis. The world economy is currently under pressure from Brexit to-ing and fro-ing, an ongoing trade war between the United States and China,…

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UK jobs market SHRUGS off Brexit uncertainty: RECORD numbers in work as wages tick higher

The number of people classed as employed has reached a record high of 32.7 million, the highest level since records began in 1971, according to official figures from the Office for National Statistics. Unemployment fell by 27,000 to 1.34 million, with the rate of 3.9 percent now lower than at…

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Pound LIVE: GBP Sterling lower against euro despite 'robust' UK employment and wages data

GBP Sterling is likely to enjoy some relief from the political merry-go-round of Brexit this week, with Parliament currently on recess for the Easter break. But the UK currency could be moved by a spout of data releases, which will give an insight into the state of the economy amid ongoing…

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