Category Archives: UK News

PPI Claim

PPI Claims Still Going Strong Through First Quarter of 2014

Recent figures show that PPI complaints remained reasonably steady through the first quarter of 2014. Though they have lost some steam since the very height of the scandal, they are…

tax evasion

New Penalties for Offshore Tax Dodgers

New penalties have been laid out by chancellor George Osborne for people who avoid paying tax by keeping their funds abroad. Those who commit this kind of tax evasion could…

inheritance-tax

David Cameron Hints at Inheritance Tax Pledge

David Cameron has claimed that he still aims to raise the threshold for inheritance tax so that only “the rich” will be liable for it. He has hinted that a…

Co-operative

Co-Op Has Worst Year Ever

The Co-operative Group has experienced its worst year since the company began. It is expected to record losses of over £2 billion. Exact figures are set to be announced on…

Accounting

Open Books for Energy Firms

Energy secretary Ed Davey has plans to make energy companies provide access to their books for an annual review. This move will see utility providers opened up for inspection every…

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Changes to the UK Benefit System this April

Starting this April, the UK is set to face a number of amendments to the benefits system in an aim to streamline the scheme and interest more people in work….

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Osborne’s 2013 Budget – A Summary

State of the economy The Chancellor’s budget revealed some highs and lows regarding the current state of the UK economy. Primarily, Osborne announced that the growth forecast for this year…

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Record Insolvencies on British High Street

A study by professional service company PwC found there was a ten-fold increase in the number of high street shops shutting down in 2012 compared to 2011. The data came…

Barclays bank headquarters in Canary Wharf

Barclays to Compensate Clients for mis-selling

When there has been a tendency to mis-sell a product, often problems later surface for the people who have done the mis-selling. There are many banks in the UK who…

FSA

Bank of England Claims That Banks Are Low on Capital

A new report from the Bank of England has shown that banks throughout the United Kingdom may be facing losses that are not immediately evident on their balance sheets. This…