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Stock market dives slash 30% from pension incomes

10/10/2011

Recent equity falls are bolstering the gilts market, driving up the cost of purchasing an annuity and pushing down pension incomes.


 

Quantitative easing will make matters worse, argue think tank

07/10/2011

The Bank of England yesterday voted through a £75billion cash injection into the UK economy in a move that has been widely praised by business organisations considering the move to be a necessary boost to business confidence at a time of worsening economic crises.


 

Factory gate inflation edges higher

07/10/2011

Producer prices inflation crept up again over September, with output prices showing particularly marked increases.


 

IoD tax paper response: let small businesses use 'cash accounting'

07/10/2011

The Institute of Directors today publishes its response to the Office of Tax Simplification’s discussion paper “A simpler income tax system for the smallest businesses”.


 

Online fraud decline: cyber crime expert comments

07/10/2011

Incidences of online fraud in the UK dropped by a third, in the first half of 2011, to £16.9 million, marking the second consecutive year of declines.


 

Quantitative easing boosted by £75 billion

06/10/2011

The Bank of England is to maintain interest rates at their historic low, whilst announcing a substantial boost to their asset-purchase programme.


 

Business organisations renew quantitative easing plea

06/10/2011

Business organisations, including the British Chambers of Commerce, and the Institute of Directors are urging the Bank to increase its asset purchase programme as a necessary evil at a time of deepening crisis.


 

Solvency II delay met with 'disappointment'

05/10/2011

After years of deliberation which has left the UK’s insurers in a perpetual state of confusion, the Financial Services Authority has formally delayed implementation of the Solvency II directive.


 

Financial services growth slows

03/10/2011

The UK’s financial services sector continues to grow, though at a slower pace than the previous two quarters.


 

Insurers left in limbo by Solvency II delay

03/10/2011

A last-minute delay in implementing EU directive, Solvency II, has left insurers in a state of uncertainty that risks overturning efforts made by the industry to implement the changes, PwC have said.