The Royal Bank of Scotland (RBS) has said its 2006 pre-tax profits should beat market forecasts of 9.2bn ($18bn) after 12 months of good .
This would mean annual profits at RBS, which owns both NatWest and Churchill Insurance, by more than 11% from the 8.25bn it made in 2005.
The UK’s second-largest banking group said […]
Source article
A revamp of the state pension system which could benefit many women deserves “closer examination”, according to Work and Pensions Secretary Alan Johnson.
The change would see pensions being calculated on length of residency in the UK rather than National Insurance (NI) contributions.
Reform could aid many women, carers and those with broken employment records.
Mr […]
Read source of it on the site
Over the holiday, the Financial Services Authority published details of a 194m scheme designed to give thousands of investors some of their money back.
A leading solicitor has denounced the for split cap investors as insufficient.
The split cap scandal is one of the most embarrassing to […]
BBC Radio 4’s Money Box was broadcast on Saturday, 6 December, 2003.
The programme was repeated on Sunday, 7 December, 2003 at 2102 GMT.
Endowment
The Consumers Association has renewed its call for further investigations into firms who may have been involved in endowment mis-selling.
On Tuesday, John Tiner of the Financial Services Authority (FSA), admitted that the […]
See related site about company locked funds insurance mercury.
A number of papers focus on high street banks in their first editions, which were printed before news of the Cumbria rail crash broke.
The Times says banks are to write-off 6.6bn of debt with record numbers of people defaulting on personal loans and credit card debt.
The […]