Less than one in ten people own shares directly, according to a new survey by the stockbrokers, The Share Centre.
In the 80s there was an attempt to start a shareholders democracy. A series of privatisations was meant to create a nation where people had some sort of meaningful ownership of our biggest companies.
But […]
The government is being taken to court by one of Britain’s biggest unions over the plight of workers who lost their pensions when their employers went bust.
The Amicus trade union plans to take a case to the European Court of Justice on behalf of its members who used to work at Allied Steel & Wire […]
Indian conglomerate Bharti Enterprises is to pump $2.5bn (1.28bn) into expanding its retail business.
Bharti, which recently tied up with US group Wal-Mart to launch Indian-based stores, said retail would be its “big focus” for the next eight years.
The group plans to open stores in all Indian cities with a population of one million or more.
More […]
The Treasury has announced that the amount that people will be allowed to save tax-free is to fall. An expert explains the changes and what strategy people should adopt.
When Individual Savings Accounts (ISAs) were introduced by Gordon Brown in 1999 the amount that could be paid in was set at 7,000.
At the end […]
A new elite class of bank customer is emerging - people who have successfully sued their banks for the return of overdraft charges not just once but two, three or even four times.
In the past year or so, the UK’s banks have handed out millions of pounds to tens of thousands of customers who have […]