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It’s not just bankers seeking a way round bonus tax

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

Irish consumer sentiment rebounds as euro fears ease
DUBLIN (Reuters) - Irish consumer sentiment rebounded sharply in January from its largest fall in a decade as New Year’s sales buoyed consumers who appeared less worried about the euro zone crisis, a survey showed on Tuesday.

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

Court rejects government appeal on early solar subsidy cut

Court rejects government appeal on early solar subsidy cut
LONDON (Reuters) - 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.

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

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

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.

Consumer morale sinks in December

Consumer morale sinks in December
LONDON (Reuters) - Consumer morale sank to its second-lowest level in the last seven years in December, as households’ expectations for the first half of 2012 took a tumble, a survey by the lender Nationwide showed on Thursday.

UK economy heads for recession
LONDON (Reuters) - 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.

UK dividends hit record high in 2011
LONDON (Reuters) - 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.

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.

Inflation expectations slump

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

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

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