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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