LONDON - Prime central London homes have gained about 1,200 pounds a day in value over the past year, taking their average price to 3.2 million pounds at end-November and underscoring their More »
LONDON - When Italy's welfare minister shed tears in announcing an increase in the retirement age, people might have thought she was crying for a lost generation of European youth. For opinion More »
Personal finance expert and Founder and CEO of Learnvest.com, Alexa von Tobel, shares what she has learned on the sometimes rocky road to building a small business from scratch. More »
LONDON – The funds industry is imposing 18.5 billion pounds of hidden costs on investors every year through dealing charges that are obscured by cryptic fee structures and “convoluted language”, new research on financial consumers has found.
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UK consumers pay billions in fund dealing costs
LONDON – House prices unexpectedly fell for the second month in a row in January, due to the prospect of greater unemployment and buyers’ problems finding large enough mortgage deposits, data from lender Nationwide showed on Wednesday.
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House prices fall unexpectedly
LONDON – The Financial Services Authority has fined Royal Bank of Scotland’s Direct Line and Churchill insurance subsidiaries 2.17 million pounds for altering files it had asked to inspect.
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FSA fines RBS insurance units for files breach
LONDON – British companies handed out record dividends in 2011 and will pay 11 percent more this year, with mobile phone group Vodafone expected to deliver the most generous payout.
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UK dividends hit record high in 2011
LONDON – British public inflation expectations for the next 12 months slumped in January to their lowest level since April 2010, a monthly survey from polling company YouGov showed on Tuesday.
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Inflation expectations slump
LONDON – The government has lost its bid to overturn a High Court ruling that its plans to cut subsidies for solar panels on homes are unlawful.
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Government loses bid to overturn solar panels judgement
LONDON – The government said on Thursday it is seeking permission to appeal to the Supreme Court to overturn a High Court ruling that the timing of its decision to cut subsidies for solar panels on homes was unlawful.
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Government seeks Supreme Court appeal on solar cuts
LONDON – The Liberal Democrats called for the government on Thursday to accelerate plans to exempt more low-paid workers from paying income tax, hoping to fund the move by taxing expensive homes and clamping down on tax evasion.
LONDON – Britain’s economy may have entered a mild recession in the last three months of 2011, hampering the government’s core policy aim of spurring growth and raising the chances that the Bank of England will inject more cash soon.
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UK economy heads for recession
LONDON – The government on Wednesday lost a bid to overturn a High Court ruling that the timing of its decision to cut subsidies for solar panels on homes was unlawful.
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Court rejects government appeal on early solar subsidy cut
