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

Mortgage approvals down more than expected
LONDON (Reuters) - Mortgage approvals fell slightly more than expected in January but consumer and mortgage lending picked up more than forecast, Bank of England figures showed on Monday.

Money Market Operations as on March 05, 2010

Consumer confidence at two-year high
LONDON (Reuters) - Consumer confidence hit its highest in two years in February and people were their most optimistic about the coming six months since records began, a survey showed on Wednesday.

Tax avoidance and evasion come under fresh assault
Tax avoidance and evasion are under siege as the government has introduced a range of measures to clampdown on both practices.

Money Market Vs. Savings Account

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Pension relief restricted for high earners
High earners are being advised to make contributions to their pensions now, before higher rate tax relief is scaled back further from 2011

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

Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.

Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.

Fall in income drawdown
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research

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

40 per cent tax to hit more middle-income taxpayers
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling’s pre-Budget report (PBR) this week

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

Best 18-Month CD Rates Reach 1.95% APY

Government may lift Northern Rock guarantee
LONDON (Reuters) - The government is considering lifting a guarantee protecting deposits with Northern Rock within weeks, sources familiar with the situation said, a move that would draw a line under troubles at the nationalised bank as it is prepared for sale.

Bank of England halts QE
LONDON (Reuters) - The Bank of England announced on Thursday no increase to its unprecedented 200 billion pound asset-buying programme, but left the door open to more so-called quantitative easing if economic conditions deteriorated.

Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.

40 per cent tax to hit more middle-income taxpayers
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling’s pre-Budget report (PBR) this week

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

How To Juice Your Fixed Income Yields With International Money …

Investors take fright at ‘fiscal fiction’
Investors took fright at the perceived timidity of the government’s plans to balance the books with one of the biggest sell-offs of British gilts this year

House prices higher than year ago
House prices rise year-on-year for the first time since mid 2008 in November as sales continued to pick up, in a sign of the rapid recovery in the housing market