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Inflation expectations slump
LONDON (Reuters) - 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.

Shareholders to get vote on executive pay
LONDON (Reuters) - Shareholders should be given a binding vote over how large British companies manage executive pay and more companies should be able to claw back cash from highly-paid staff who fail to deliver, Business Secretary Vince Cable said on Monday.

Investors urged to sell before next tax rise
Seven out of ten wealth advisers warn that capital gains tax will almost certainly be raised in a pre- or post-election Budget

UK fund houses hit by client exits
LONDON (Reuters) - British asset managers suffered a wave of withdrawals in the final three months of last year, as clients fretting about a deepening euro zone crisis and choppy financial markets trimmed exposure to investment funds.

Banks restrict lending to existing customers
More people are applying for loans but fewer are securing one, and those banks that are lending are only doing so to their existing customers

Scottish Power cuts gas prices by 5 percent
LONDON (Reuters) - Scottish Power is the last of Britain’s “Big Six” utilities to slash retail energy tariffs by cutting gas prices by 5 percent following a drop in wholesale prices.

It’s not just bankers seeking a way round bonus tax
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on “bankers’” bonuses

UK fund houses hit by client exits
LONDON (Reuters) - British asset managers suffered a wave of withdrawals in the final three months of last year, as clients fretting about a deepening euro zone crisis and choppy financial markets trimmed exposure to investment funds.

Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative

Scottish Power cuts gas prices by 5 percent
LONDON (Reuters) - Scottish Power is the last of Britain’s “Big Six” utilities to slash retail energy tariffs by cutting gas prices by 5 percent following a drop in wholesale prices.

Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative

MPs want limited competition role for watchdog
LONDON (Reuters) - Britain’s new financial services watchdog should have a clear role to promote consumer choice but no power to intervene under competition law, MPs said in a report on Friday.

Employers cut temp staff for first time in two years
LONDON (Reuters) - Employers cut spending on temporary staff last month for the first time in more than two years, a survey by an industry body showed on Wednesday, adding to concerns that unemployment will continue to rise.

Shop price inflation at 16-month low
LONDON (Reuters) - Shop prices grew at their slowest pace in 16 months in December as retailers slashed prices for electrical goods, clothes and footwear in the run-up to Christmas, a survey showed on Wednesday.

Battle looms over BA pensions
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain’s Iberia

Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative

British Gas and SSE to cut power bills
LONDON (Reuters) - Two of Britain’s biggest utilities, Centrica and SSE, said on Thursday they would cut energy prices, a day after EDF Energy became the first of the UK’s ‘big six’ energy suppliers to bring down tariffs.

Investors urged to sell before next tax rise
Seven out of ten wealth advisers warn that capital gains tax will almost certainly be raised in a pre- or post-election Budget

Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative

It’s not just bankers seeking a way round bonus tax
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on “bankers’” bonuses

Battle looms over BA pensions
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain’s Iberia