Archive for February, 2007

Council tax, the UK investment by which local authorities raise revenue for local spending on statutory and voluntary services, will rise by an average of 4.2% across England and Wales, according to a survey conducted by the BBC.

Changes to the rules governing LINK cash machines will support the installation of free cash machines, from which customers will be able to withdraw money from their UK current accounts, in over 300 areas across the UK previously without them.

UK investment in the stock market is still subdued as uncertainty persists in the global markets after a ‘black Tuesday’ when the US Dow index had its worst day’s trading since the 2001 terrorist attacks.

Tour operators up in arms at air tax

The Federation of Tour Operators (FTO), angered by the high level of Air Passenger Duty (APD), has launched a legal challenge to the tax in the courts, which could mean it has to be withdrawn completely, thus depriving the Chancellor of a UK investment.

The High Court has taken decisive action against a scam UK firm which acted as a front for bogus overseas saving and investment companies.

Halifax Bank of Scotland (HBOS), a big provider of UK current accounts and the largest savings products company in the country, has announced record pre-tax profits of £5.7bn, up 19% on £481bn a year earlier.

Sick absences from work of four weeks or more, which account for around 20% of total sickness workplace absence in the UK, are having a serious impact on many people’s personal finances, according to a recent report by debt management firm EuroDebt.

As the world’s stock markets pick themselves up and dust themselves down after Tuesday’s drubbing at the hands of spooked investors, many people are asking if this is The End of Civilisation As We Know It?. Well, perhaps not, but many UK investors are asking if their saving and investment in the markets is quite safe after [...]

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