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News

Economics / Markets

Asian equity markets take a dive on China data

Asia's major equity markets have fallen after data from China's services sector disappointed.

clock 06 January 2014 •

Economics / Markets

Osborne: UK faces 'hard truths' about spending cuts in 2014

Chancellor George Osborne has warned Britain still faces "painful cuts" in its efforts to achieve a stable economy.

clock 06 January 2014 •

Economics / Markets

Experts: BoE could lower unemployment target before interest rate hike

The Bank of England (BoE) could lower the unemployment target it has said must be reached before it raises interest rates, according to some experts, as jobless figures fall faster than expected.

clock 06 January 2014 • 1 min read

Investment

Cameron pledges to 'protect' state pension if Tories win next election

Prime Minister David Cameron has said the state pension will continue to rise by at least 2.5% a year until 2020 if the Conservatives win the next election.

clock 06 January 2014 •

Regulation

First FCA court case dealt lifeline as costs cut

A fraud case brought by the Financial Conduct Authority (FCA) was dealt a lifeline by the Legal Aid Agency (LAA) after it 'declassified' the high cost case to attract barristers who initially refused to represent the defendants on recently reduced fees....

clock 06 January 2014 •

Income

Webb: Pensioners should be able to switch annuities

Pensioners should be able to switch their annuity contract in a similar way to switching mortgages, Steve Webb has said.

clock 05 January 2014 •

Regulation

High Court closes £3.2m carbon credit 'investment shark scam'

The High Court has ordered three companies involved in a £3.2m scam selling carbon credits to investors at inflated prices into liquidation following an investigation by the Insolvency Service.

clock 03 January 2014 •

Housing market

Mutuals mortgage lending doubles in 2013 while arrears fall

Mutuals and building societies have doubled their net mortgage lending over the last year, figures from the Building Societies Association (BSA) show.

clock 03 January 2014 •

Investment

RBS settles £700k bonus battle with former risk chief

Royal Bank of Scotland (RBS) has settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a £700,000 bonus.

clock 03 January 2014 •

Fixed Income

Isaacs gets co-manager on £1.3bn M&G bond fund

M&G has appointed James Tomlins as co-manager of its £1.3bn High Yield Corporate Bond fund with immediate effect.

clock 03 January 2014 •
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