Archive for August, 2006

Motorists driven to their cars

Nearly 50% of drivers – 15 million – have said that they could not substitute any of their car journeys with public transport, according to a study by the Centre for Economics and Business Research (CEBR) published by insurer Swiftcover.

Nationwide has reported that house price growth increased steadily in August, with the property market staying “firm” according to its pundits.

Brown warns against tax giveaways

Chancellor Gordon Brown has warned his colleagues about making unfunded tax cuts, which he said would bring about a return to the “bad old days”.

The Co-operative Group, the UK’s largest co-operative society accounting for 60% of co-operative trade and valued at £8bn, has launched a £100m revamp of its brand and has introduced a new profit-share dividend scheme for its members.

Thames Water, the UK’s biggest water company, has announced plans to cut 25% of its workforce by 2010 as part of a significant cost-trimming exercise.

Nearly 10% of women are saving money without informing their partners, a survey undertaken by investment firm Scottish Widows has found.

Cost of learning slows down

The rapid pace of school fee rises has slowed down in the past year, according to research from Halifax bank.

The National Consumer Council (NCC) has called for UK data protection rules to be toughened up in the face of rising ID theft.

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