Papers

A version of compulsory pension contributions has been proposed by Legal & General that may be more palatable to employers, says The Daily Telegraph.

Labour is planning to spend nearly £700bn by the end of the next Parliament, according to one of its own party documents intended to highlight Tory deficiencies, reports The Daily Telegraph.

Chancellor Gordon Brown is to raise the Stamp Duty threshold to £100,000 from £60,000 The Scotsman says, without citing where it got its information.

Germany and the UK are expected to follow France's lead and issue 50-year bonds in order to lock in lower-cost funding of future pensions liabilities, according to the FT.

ECONOMISTS are forecasting that the Bank of England will keep the cost of borrowing on hold, writes the Telegraph .

Credit card fraud has soared in the UK in the past year despite the introduction of so-called chip-and-pin technology, The Times reports.

The UK's position as a world financial centre is under threat becuase of the Financial Services Authority, a report from the Centre for Policy Studies warns, writes The Daily Telegraph.

Interest rate rises are seen as a certainty following comments from a member of the Monetary Policy Committee yesterday as Nationwide reported signs the housing market is coming out of its recent dip.

Provider Standard Life last night confirmed the three rebels standing for nomination to board positions have met the deadline for filing required paperwork, The Scotsman writes.

Standard Life dissident Michael Hogan has turned down an offer to be assessed as a candidate for the company's board by independent assessors, The Daily Telegraph reports,