News archive from 23 March 2016, page 7

DAILY BRIEFING: Betting firm 888 Holdings reveals cost of its failed attempt to buy Bwin

TAKEOVER PENALTY Betting firm 888 Holdings has revealed the £10million cost of its failed attempt to buy Bwin.Party Digital Entertainment. The takeover bid as well as new taxes for the betting industry led to pre-tax profits halving in 2015 to...

 

Chips down for Imagination Technologies: Tech firm has rollercoaster day but Apple denies it is planning to...

Struggling chip designer Imagination Technologies had a rollercoaster day on the stock exchange after speculation grew it was to be bought by Apple. The Hertfordshire-based company, whose shares have slumped 85 per cent since 2012, saw its stock soar...

 

ALEX BRUMMER: There is much to criticise about Osborne's sojourn at the Treasury but we shouldn't...

Kicking the Chancellor while he is down is easy. At least he had the good grace to come to the Commons and say 'sorry' to his colleague Iain Duncan Smith. There is much to criticise about Osborne's sojourn at the Treasury but we shouldn't...

 

Secret trick that can get you a cheaper mortgage: Avoid computer rejections by writing a letter to a credit...

Money Mail can reveal a secret trick to beat the computers that banks use to reject applications for credit cards, loans and mortgages. Most banks decide whether to lend you money and what rate they will charge you using a computer program that pores...

 

Using your washing machine at night could cost you your life: Firefighters warn over plan to charge...

Millions of lives will be put at risk by plans to offer all families cheaper energy during the night, firefighters say. To help people cut their energy bills, the Government is working with power companies to fit a 'smart meter' in every home.  As...

 

ASK TONY: HSBC gave my disabled son an overdraft after it was made clear he did not want one - then they...

My son, who has ADHD and is registered disabled, has an HSBC current account. When it was opened in 2007, it was made clear that he did not want an overdraft facility due to his limited income via benefits. Despite this and his personal situation, he...

 

Worthless! Those commemorative coins you've stored away for years because Royal Mint tells banks not to...

Rod and Yvonne Henkun's family have collected commemorative coins for decades. Yvonne's mother, Joan, bought her first coin, the King George VI Crown, for five shillings (25p) in 1937. Over the years, more than a dozen different versions, worth around...

 

RBS staff forced to pay hundreds of pounds extra into their pension pots to cover the cost of Government...

Royal Bank of Scotland is to force 27,000 workers to pay hundreds of pounds extra into their pensions each year to cover the cost of a Government tax grab. Staff will have to pay 2 per cent more of their salary into their pensions than they do at...

 

Year of the cuts continues as top savings rate plunges to just 1.16% with more reductions expected 

Savers face more bad news as rates continue to nose-dive. French-owned RCI Bank has cut the rate on its top easy-access account to 1.16 per cent after tax (1.45 per cent before).  It’s the second rate reduction this year. In January, it paid 1.32 per...

 

Old boys' network still keeping women out of the boardroom, report claims

An old boys' network is still in place in company boardrooms, holding back the number of women in senior posts, according to a new report. A study by the Equality and Human Rights Commission (EHRC) showed that headline progress in achieving a target...

 

INVESTMENT CLINIC: I am a university graduate with no debt and £20k in savings - what should I do with it?

I am 24 and set to graduate from university this summer. I have no debt and £20,000 in savings, what should I do with it? R. J., by email It is fantastic that you are finishing education in such great financial shape. What you do with your savings...

 

British IS fighter killed in Iraq suicide attack named in reports

A British Islamic State (IS) fighter killed in a suicide attack in Iraq has been named in reports. The militant, pictured in IS propaganda on social media, has been identified by his family in Huddersfield, according to the BBC. The man, fighting...

 

Which Isa is right for you? Tax-free saving used to be so simple. But there are now SEVEN different types...

Traditionally, banks and building societies boost cash Isa rates in spring to woo savers looking to use up their allowance before April 5. But rock-bottom interest rates and a new £1,000 tax-free allowance for interest earned on normal savings...

 

Old boys' network still keeping women out of the boardroom, report claims

An old boys' network is still in place in company boardrooms, holding back the number of women in senior posts, according to a new report. A study by the Equality and Human Rights Commission (EHRC) showed that headline progress in achieving a target...

 

More than 3.6 million people missing out on married couples tax break as just 504,000 take up the £212 perk

Married couples are being urged to take advantage of a £212 tax break that allows them to transfer one person’s unused personal allowance to the other. Last week, figures in the Budget revealed just 504,000 of the 4.2 million people eligible had...

 


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