Papers

Tesco Personal Finance is bidding to shake up the private medical insurance (PMI) market by undercutting the biggest providers, such as BUPA and Standard Life Healthcare, reports the Scotsman .

The government will cap the taxpayer's liability for civil service pensions should increases in life expectancy exceed expectations, Pat McFadden, the Cabinet Office minister responsible for the civil service, said yesterday, reports the Financial Times...

An organisation claiming to be the regulator for the booming but "cowboy-plagued" IVA industry has itself come under fire from the Department of Trade and Industry, reports the Times .

UK house prices fell unexpectedly last month, dropping 1% between November and December, although the market still registered near double-digit gains for 2006, says the Financial Times .

More money left individual savings accounts (ISAs) in November than was paid in, according to figures from the Investment Management Association (IMA), reports the Scotsman .

Nicolas Moreau, the new chief executive of Axa's UK operations, plans to beef up the insurer's asset management business and enter the direct motor insurance market, says the Daily Telegraph .

Individual Voluntary Arrangements, so-called IVAs, have accounted for a record £1.4bn in bad debt written off by lenders this year, reports the Times.

The TUC has put directors pay on the agenda again after noting the growth rate in income differntials are speeding up, reports The Times .

Tax revenues will keep going up over the next 50 years until they hit a rate of 41.6%, according to the government's own figures, The Times writes

Demand for £1m-plus mortgages has soared on the back of the bumper City bonuses paid out this year, according to a report in today's Financial Times, says the Guardian .