Papers

Banco Santander's bid for Abbey has passed another hurdle after European Commission competition comm...

Criticisms of hedge funds have been published in The Scotsman today concerning the levels of fees compared to performance since the start of the year.

Surveying the standards of advice given by mortgage advisers has found nearly all fail to give proper service to first time buyers a survey from the Consumers' Association suggests.

UK life insurers have been warned by the FSA to make sure they have adequate capital reserves and put in place all the legal checks they need to meet promises in the future, says this morning's Daily Telegraph .

Regulation of general insurance could lead to the FSA flexing its muscles and claiming ‘an early scalp' a review of the sector by Deloitte suggests.

STRONG SIGNS of a housing slowdown are now acknowledged at one of the major trade bodies, as the British Bankers Association says the number of new mortgages approved dropped 20% in July from the previous month, says this morning's Scotsman newspaper....

A change in the law will see the Inland Revenue start to tax gift-and-loan trusts from April next year, reports The Daily Telegraph.

Energy bills are set to explode over the next month after British Gas warned its more than 12 million customers to expect gas bills to go up by nearly 13% next month, The Daily Telegraph reports.

Arguments between HBOS, which may table a bid for Abbey, and Banco Santander, which already has put its bid on the table, have taken on a new dimension, reports the FT.

BANCO SANTANDER is expected to announce today that up to 3,000 jobs will be cut at Abbey in the wake of a successful takeover of the UK bank, writes the FT.