Child benefits: Unmarried middle-class couples facing intrusive questioning over lifestyle as Government tries to cut child benefits bill

| November 4, 2012 | 0 Comments

By Anna Edwards PUBLISHED: 09:32 EST, 4 November 2012 | UPDATED: 12:12 EST, 4 November 2012 Tax officials will have the power to telephone parents and question them about their relationships as they monitor sweeping changes to the child benefits system. As part of changes to how much parents receive in child benefits, the taxman […]

Filed Under: finance news

‘Rescue’ investors who bought Comet stores for £2 ‘may walk away with £60m’

| November 4, 2012 | 0 Comments

By Alex Hawkes and Neil Craven PUBLISHED: 17:25 EST, 3 November 2012 | UPDATED: 12:13 EST, 4 November 2012 The former backers of Comet are to keep the collapsed retailer’s lucrative warranties business – amid suggestions that the turnaround investors behind the company could walk away with profits of tens of millions of pounds. The […]

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Number of million-pound properties being sold has ‘fallen significantly’

| November 3, 2012 | 0 Comments

By Harry Glass PUBLISHED: 10:19 EST, 3 November 2012 | UPDATED: 10:19 EST, 3 November 2012 Fewer million-pound homes were sold in the first half of the year than there have been for three years, according to new research by Lloyds TSB. There were 3,043 million-pound property sales in Britain, the smallest total since the […]

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Typical family savings would run out within a week in a financial emergency

| November 3, 2012 | 0 Comments

By Harry Glass PUBLISHED: 12:08 EST, 3 November 2012 | UPDATED: 12:08 EST, 3 November 2012 Nearly a third of families have savings which will run out within five days if they are faced with a financial emergency, research has found. Some 31 per cent of those surveyed said they have less than £250 set […]

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Why can’t Nationwide offer a decent online savings account?

| October 30, 2012 | 0 Comments

By Simon Lambert PUBLISHED: 12:03 EST, 30 October 2012 | UPDATED: 12:16 EST, 30 October 2012 Broken: When Britain’s biggest building society can’t even offer a reasonable catch-free online saver, something is definitely going wrong. Why is Nationwide incapable of offering a simple catch-free online savings account? For a building society that claims its ‘only […]

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BSkyB investors advised to axe James Murdoch

| October 28, 2012 | 0 Comments

By Jon Rees PUBLISHED: 09:38 EST, 28 October 2012 | UPDATED: 09:39 EST, 28 October 2012 Battle: James Murdoch faces a fight to stay on the BSkyB board. James Murdoch faces a fight to retain his place on the board of pay-TV firm BSkyB this week, with shareholders being advised to vote him off. Murdoch […]

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MARKET REPORT: Bidders target Elementis deal

| October 27, 2012 | 0 Comments

By Geoff Foster PUBLISHED: 16:17 EST, 26 October 2012 | UPDATED: 09:55 EST, 27 October 2012 Professional punters say its elementary. Elementis’ days of independence are numbered. Shares of the speciality chemicals fell 12.1p or 5.58 per cent to 204.9p on news that sales at its unit that caters for the oilfield industry slumped 23 […]

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Wizz Air charges £9 for taking hand luggage on flights

| October 25, 2012 | 0 Comments

By Tara Evans PUBLISHED: 11:25 EST, 25 October 2012 | UPDATED: 11:39 EST, 25 October 2012 Low cost airline Wizz Air is now charging customers £9 to take hand luggage on-board flights and if the bag is too big then they may be forced to pay up to £51 to check it in. From yesterday, […]

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Women face ending up with £30k less in pension pots than men

| October 22, 2012 | 0 Comments

By Becky Barrow and Tanya Jefferies PUBLISHED: 08:32 EST, 22 October 2012 | UPDATED: 11:57 EST, 22 October 2012 The scale of the retirement crisis faced by women is laid bare by a report showing a 30-year-old female will end up with almost £30,000 less in her pension pot than a man when they reach […]

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Struggling retailers stunned by decision to delay review of surging business rates

| October 18, 2012 | 0 Comments

By Andrew Oxlade PUBLISHED: 11:19 EST, 18 October 2012 | UPDATED: 11:19 EST, 18 October 2012 Hard-pressed retailers were dealt a severe blow today after the Government announced there would be no review of business rates for five years. The British Council of Shopping Centres said the industry would be shocked by the move. It […]

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