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News

UK

Jupiter valued at £755m after 2x oversubscribed IPO

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.

clock 16 June 2010 •

Tax Planning

HMRC shuns firms seeking 'Time to Pay' more than £19k

HMRC is tightening up on all tax payments and, in some cases, refusing requests for deferrals on larger VAT bills, research suggests.

clock 16 June 2010 •

Individual Protection

PruProtect announces Health Cover Optimiser workshops

PruHealth and PruProtect will be running regional training workshops for their new product launch Health Cover and Health Cover Optomiser.

clock 15 June 2010 •

Your profession

SimplyBiz expands board with three director appointments

SimplyBiz has appointed three directors to its main board to help support its expansion plans.

clock 15 June 2010 •

Investment

Fitch slashes BP credit rating from AA to BBB

The Fitch ratings agency has delivered another blow to oil giant BP, cutting its credit rating a full six notches to BBB from AA.

clock 15 June 2010 •

Investment

N&P had Keydata concerns four years ago

The Norwich and Peterborough (N&P) building society wrote to its Keydata customers as early as 2006 with concerns about the clarity of the provider's marketing material.

clock 15 June 2010 •

Investment

Clegg criticises 'gold-plated' public pensions ahead of Budget

Nick Clegg has slammed "unreformed gold plated" public sector pensions after a report revealed taxpayer spending on the schemes will more than double by 2014/15.

clock 15 June 2010 •

ETFs

Exchanges to apply new circuit breaker rules to ETFs

US stock exchanges will apply new circuit breaker rules to ETFs "as soon as practicable" within the next six months, according to the Securities and Exchange Commission (SEC).

clock 15 June 2010 •

Your profession

First-time buyers drop to lowest level since 2007

First-time buyers accounted for 35% of all house purchase mortgages in April, the lowest level since September 2007, according to the Council of Mortgage Lenders (CML).

clock 15 June 2010 •

Your profession

HIPs ban boosts housing supply

The Government's decision to abolish Home Information Packs (HIPs) has helped push more supply onto the market, according to the Royal Institution of Chartered Surveyors (RICS), as house prices edged up in May.

clock 15 June 2010 •
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