Banking fraud ‘moves to internet’
From The BBC: Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, according to new research.Fraud losses on UK credit and debit cards totalled £440m in...
View ArticleStandard Life enjoys profit boost
From The BBC: Insurance firm Standard Life has reported better-than-expected profits in 2009 and unveiled plans for an extra £100m of cost-cuts by 2012.Operating profit at the Edinburgh-based firm fell...
View ArticleTop public servants’ pay frozen
From The BBC: Thousands of top-earning public sector workers, including judges, GPs, NHS managers and senior civil servants, are to have their pay frozen in 2010/11.The Senior Salaries Review Body...
View ArticleWarning on packaged bank accounts
From The BBC: Bank accounts which charge fees for extra benefits such as insurance may be being mis-sold, the Financial Services Authority (FSA) has warned.It says the danger lies in people buying...
View ArticleNpower will cut gas bills by 7%
From The BBC: Energy company Npower is to cut domestic gas bills by 7% from 26 March, following price cuts by other suppliers.The company has become the fourth of the “big six” energy suppliers to...
View Article‘Sharp cut’ in pensions deficit
From The BBC: A sharp cut has been reported in the deficit of final salary pension schemes in the private sector, figures show.The deficit was reduced from £51.9bn at the end of January to £15.1bn at...
View Article‘Low morale’ hits tax authority
From The BBC: Low morale and poor leadership is affecting performance at HM Revenue and Customs, a report by MPs has said.A staff survey carried out in February 2009 brought “dire results” for the tax...
View ArticleHouse price rises ‘to ease off’
From The BBC: Further rises in house prices may be held back by more properties coming on to the market, surveyors have said.The Royal Institution of Chartered Surveyors (Rics) says new instructions...
View ArticlePayment protection rules delayed
From The BBC: The Financial Services Authority (FSA) is delaying its plans to combat the mis-selling of payment protection insurance (PPI).Criticism from the financial industry has forced the FSA to...
View ArticleVodafone to close pension scheme
From The BBC: Mobile phone company Vodafone plans to close its final salary pension scheme to 4,000 current members.It is one of the biggest employers to have taken take this step recently, which it...
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