No increase in Bank of Engla...

January 13, 2011

The current rate has been unchanged since March 2009, and represents the lowest base rate sincethe Bank of England was founded in 1694. However, criticism from some quarters has focused on rising infl...

RBS fined £2.8m by FSA...

January 12, 2011

The Financial Services Authority (FSA) has fined RBS and NatWest – both part of the RBS Group – £2.8million for “multiple failings” in their handling of customer complaints. The FSA said RBS...

Halifax confirms further hou...

January 12, 2011

New figures from the Halifax show further drops in UK house prices at the end of last year, whilepredicting “limited movement” in 2011. The lender’s latest House Price Index reports...

Employees put in 149 days ha...

January 12, 2011

Employees will have to work 149 days this year just to pay their taxes – three days longer than last year.  ‘Tax Freedom Day’ is May 30 – after that any money earned belon...