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News Articles | This is Money



Published: Sun, 30 Apr 2017 11:59:12 +0100

Last Build Date: Sun, 30 Apr 2017 11:59:12 +0100

Copyright: Copyright 2017 Associated Newspapers Ltd
 



£6.5m paid for Fred Goodwin legal expenses under spotlight

Sun, 30 Apr 2017 11:16:11 +0100

Louise Haigh, Shadow Minister for the Digital Economy, tabled three parliamentary questions about the payments last week.


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Bosses hold their tongues over General Election prospects

Sun, 30 Apr 2017 10:33:05 +0100

Elections are usually not complete without a letter to newspapers signed by company chiefs to urge support for their chosen party, but experts say that is less likely to happen this time.


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TSB boss lashes out at the resurgence of reckless lending

Sat, 29 Apr 2017 22:01:49 +0100

TSB’s chief executive Paul Pester admits the bank is so alarmed by the spectre of falling house prices that it has effectively pulled out of lending to first-time buyers in London.


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Reed folds on two tax disputes worth £420m

Sat, 29 Apr 2017 22:01:13 +0100

The company has been fighting Revenue & Customs since 2007 over whether it owed tax on sums paid to temporary staff for their travel and lunch bills.


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Insolvencies hit three year high, driven by rise in IVAs

Fri, 28 Apr 2017 16:57:00 +0100

Most of the rise was by individual voluntary arrangements, arrangements where money owed is shared out between creditors.


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Pension Wise admits property trumps pensions

Fri, 28 Apr 2017 14:24:21 +0100

The Pensions Advisory Service CEO Michelle Cracknell said the perception that pensions were a worse option than buy-to-let could endanger people's ability to pay for retirement.


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Foreign investment in Britain has jumped

Fri, 28 Apr 2017 13:16:22 +0100

Official figures from the OECD have revealed at Britain is attracting direct foreign investment worth £196billion - more than any other country in Europe.


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UK economic growth in first-quarter slowdown

Fri, 28 Apr 2017 11:13:04 +0100

Official figures show that the UK's gross domestic product rose just 0.3 per cent in the January to March period, compared to 0.7 per cent in the last quarter of 2016.


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House price inflation slows to four year low of 2.6%

Fri, 28 Apr 2017 10:21:12 +0100

House price inflation hit its slowest annual rate in nearly four years in April thanks to an 'uncertain economic outlook', according to the latest monthly index from Nationwide.


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Why Vimto sales are fizzing in the Middle East

Wed, 26 Apr 2017 22:42:28 +0100

Muslims, especially in Saudi Arabia, break their fast in the holy month with the purple drink and dates.


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Croda International celebrates 19% revenue rise

Wed, 26 Apr 2017 22:42:00 +0100

Croda International, based in East Riding, said its performance technologies division, which makes chemicals for paints, lubricants and plastic packaging, had done exceptionally well.


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Deutsche Bank is slammed over threat to axe 4,000 jobs

Wed, 26 Apr 2017 22:41:25 +0100

The lender - which has close ties to Germany’s Europhile government - said it could shift nearly half its 9,000 UK staff abroad because of Brexit.


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In Vogue! Fast fashion pioneer Boohoo is valued at £2bn

Wed, 26 Apr 2017 22:30:30 +0100

The Manchester-based group said profits rose 97 per cent to £30.9 million in the year to February 28, while revenue jumped 51 per cent to £294.6m.


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Insurance broker Swinton set to axe 900 jobs

Wed, 26 Apr 2017 22:19:10 +0100

The 60-year-old business could close 84 of its 194 High Street outlets, and is also reviewing a call centre in Norwich.


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Standard Chartered boss faces investor anger

Wed, 26 Apr 2017 22:08:08 +0100

Bankers at Standard Chartered have mounted a staunch defence of the pay packet of boss Bill Winters ahead of a possible revolt by investors.


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Metro Bank set to smash through one million customer mark

Wed, 26 Apr 2017 22:02:01 +0100

The lender was launched seven years ago by US billionaire Vernon Hill as a rival to established scandal-hit giants such as Lloyds and Royal Bank of Scotland.


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Vauxhall bidder celebrates shock 5% sales growth

Wed, 26 Apr 2017 21:58:11 +0100

While analysts had predicted automotive sales would slip in the first three months of the year, PSA said overall sales increased 5 per cent to £11.6 billion.


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Santander sets aside another £32m over PPI scandal

Wed, 26 Apr 2017 21:16:46 +0100

Santander has set aside another £32 million to compensate consumers who were mis-sold PPI, taking its bill for the scandal to £1.7 billion.


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McDonald's to launch home delivery trial this summer

Wed, 26 Apr 2017 21:10:37 +0100

McDonald's is to roll out a home delivery trial this summer in a bid to get in on the rapidly expanding market.


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Blockbuster drugs will lead sales bonanza at £81bn Glaxo

Wed, 26 Apr 2017 21:02:22 +0100

Speaking to investors for the first time yesterday, Emma Walmsley said the £81 billion company will focus on developing blockbuster drugs.


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