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Millions of taxpayers paid wrong amount
Mon, 06 Sep 2010 10:34:25 +0100
LONDON (Reuters) - Nearly six million people are to be told they have paid the wrong amount of tax, with about two billion pounds set to be clawed back from hundreds of thousands of taxpayers, HM Revenue and Customs (HMRC) said on Saturday.
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Equitable Life pleads for full customer compensation
Mon, 06 Sep 2010 09:57:13 +0100
LONDON (Reuters) - Equitable Life, the British mutual insurer that nearly collapsed a decade ago, urged the government on Monday to fully reimburse policyholders for their losses rather than cap compensation payments as proposed.
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New car sales fall for second month
Mon, 06 Sep 2010 10:08:04 +0100
LONDON (Reuters) - Sales of new cars in Britain fell 17.5 percent in August from a year ago, falling for the second consecutive month following the end of an incentive scheme to scrap old models, the Society of Motor Manufacturers and Traders said on Monday.
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IT job opportunities slump in public sector
Mon, 06 Sep 2010 10:04:26 +0100
(Reuters) - Public sector job opportunities in IT have fallen markedly since the start of the year, a survey showed Monday, in a sign that the government's austerity drive is already affecting the labour market.
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Car insurance premiums jump 31 percent
Mon, 06 Sep 2010 08:31:32 +0100
LONDON (Reuters) - The cost of car insurance in Britain has risen by almost a third in the past year, its biggest ever increase, as insurers seek to offset a sharp rise in claims expenses driven in part by fraud, AA Insurance said.
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Metro Bank ahead of targets on new accounts
Fri, 03 Sep 2010 10:02:39 +0100
LONDON (Reuters) - Metro Bank, Britain's first new high street retail bank in more than 100 years, said on Friday it was ahead of its own targets for new account openings at its flagship branch.
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Bank set to leave interest rates unchanged
Fri, 03 Sep 2010 10:25:45 +0100
LONDON (Reuters) - The Bank of England is expected to hold interest rates at a record low next week -- and probably well into next year -- to keep economic recovery on track in the face of a painful fiscal squeeze and weakening global backdrop.
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Utilities probed for mis-selling
Thu, 02 Sep 2010 10:01:11 +0100
LONDON (Reuters) - Ofgem is launching an investigation into whether four of the big UK gas and power suppliers are mis-selling products to customers, the energy regulator said on Thursday.
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Enhanced annuity sales boom continues
Thu, 02 Sep 2010 11:06:23 +0100
LONDON (Reuters) - Sales of enhanced annuities -- pension products offering a higher income to people likely to die early -- jumped 41 percent in the first half in Britain, confirming booming demand, a survey found.
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House prices down 0.9 percent in August
Thu, 02 Sep 2010 07:14:59 +0100
LONDON (Reuters) - House prices fell much faster than expected last month but further declines are likely to be modest, mortgage lender Nationwide said on Thursday.
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