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Chancellor defends VAT incre...
With VAT increasing from 17.5% to 20% on the 4th of January, Chancellor of the Exchequer GeorgeOsborne has defended the move as “the least damaging” option. Labour MPs have expressed oppos...
New European financial regul...
The newly-formed European Systemic Risk Board will meet for the first time on the 20th of January,with the aim of preventing a recurrence of the financial mistakes that have shaken the globaleconomy i...
Food prices hit record high...
Global food prices in December reached the highest levels ever recorded, according to new figures from the UN’s Food and Agriculture Organization (FAO). The FAO’s Food Price Index –...
Pensions are ‘stealth...
Pensions have passed their sell-by date and need a complete revamp, according to a survey ofdisgruntled savers. Most savers consider a pension is a stealth tax that locks up money they need for day to...