The Association of British Insurers (ABI) have said that the end of an agreement with the government, that is due to take place next year, could mean insurance problems for as many as 200,000 homes.
The government agreement was put into place to oblige insurance companies to provide home policy cover for [...]
Following a long and determined struggle which saw a one-day strike take place in November the revised pension deal offered by the government has been voted to be backed by the Association of Teachers and Lecturers (ATL) members.
Representing a total of 160,000 head teachers, teachers, lecturers and support staff the [...]
A 5.17 million shares reward worth £1.4 million which was due to be received next month has been rejected by Sir Philip Hampton the Royal Bank of Scotland (RBS) chairman who told the remuneration committee of the bank that it would not be appropriate to accept it.
The decision follows huge controversy over a £963,000 [...]
The six times Oscar nominated film version of Michael Morpurgo’s novel War Horse has had a dramatic effect on the sales of the book as more copies were sold in the UK over the last two weeks than had previously been sold worldwide during the previous 25 years.
The story [...]
The Royal Bank of Scotland (RBS) announced today that they were going to payout a £963,000 performance bonus to boss Stephen Hester on top of his £1.2 million annual salary because of his “substantial progress in making RBS safer, rebuilding performance in many businesses and improving customer service and support”.
Mr Hester will receive the [...]
Sales of over 37 million iPhones, over double the amount that were sold in the last three months of 2010, helped Apple produce record breaking net profits for the October to December 2011 trading period of £8.36 billion ($13.06 billion).
The 118 per cent increase in net profits, compared to the same trading period in [...]
Figures released by HM Revenue & Customs show that there was a 1 per cent fall in the sale of UK houses during 2011 and at 869,000 was nearly half of those sold in the time leading up to the 2007 banking crisis.
These annual falls in house sales recently means that there has [...]
The proposed government plan to introduce a £26,000 household benefit cap has suffered a defeat in the House of Lords when it was voted on today.
The Rt Rev John Packer had put down an amendment which would exclude child benefit from being included within the cap and it received a majority vote [...]
The governments proposed plan to bring in a benefit cap to restrict the amount of money a single household could receive has come under more opposition and Lord Ashdown the former Liberal Democrat leader has said that he will vote against it in its present form.
Lord Ashdown has said that the present plan for [...]
Figures released by the Financial Ombudsman Service confirm that they had to deal with a growing number of complaints about motor insurance companies in 2011.
Compared to 2010 the number of complaints being dealt with by the ombudsman grew by 29 per cent to 7,238 inquiries with one of the main problems [...]
