Latest News

Public sector pensions 'need radical reform'

Public sector pensions are in need of urgent reform and are twice as valuable than originally thought, the Public Sector Pensions Commission has revealed.

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BP enters talks in Middle East

BP's embattled chief executive Tony Hayward has flown to Abu Dhabi to meet with business partners just days after speculation the firm is seeking investment partners in the region as it battles rocketing clean-up costs.

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Where next for stock markets?

Investors have had a tough time reading the markets of late with the volatility of recent weeks sweeping many off their feet.

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Annual living costs rise to £14,400

A single person now needs a minimum yearly income of £14,400 (before tax) to afford an acceptable standard of living, says the Joseph Rowntree Foundation (JRF).

A couple with two children, require £29,200 per year.

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No compensation for Bradford & Bingley shareholders

Almost a million former shareholders in Bradford & Bingley who were left nursing heavy losses when the bank was nationalised will not get any compensation.

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Alliance & Leicester pulls its top savings account

Alliance & Leicester has withdrawn its Online Saver 7 from sale. The rate at 2.81 per cent before tax (2.25 per cent after tax) made it one of the most attractive internet deals on the market.

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BP oil spill costs pass £3 billion mark

BP's Gulf of Mexico oil spill costs have hurtled past the $3 billion mark as it admitted Hurricane Alex had put its latest clean-up efforts on hold.

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The week ahead (05/07 - 09/07/10)

There's no summer holiday lined up on the corporate calendar this coming week, with plenty for investors to get their teeth into.
 

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Ocado and Fairfield Energy IPOs under the spotlight

Despite the fact that a host of factors militate against private investors gaining access to the first stage of initial public share offers (IPOs), there are still occasional opportunities for ordinary mortals to get an early f

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Share Spotlight update - BP

One of the well-worn adages of the investment game is that it never pays to try and catch a falling knife.
 

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Analyst questions BP's future

BP's future has come under fire following comments from JP Morgan Cazenove that the beleaguered oil major should be bought by US rival Exxon Mobil.

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House price gains slow down

The housing market recovery showed further signs of running out of steam in June with property prices edging up by just 0.1 per cent during the month.
 

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