The UK dairy industry is on the verge of “meltdown” unless the big supermarkets treat farmers more fairly, said the president of the National Farmers’ Union.
Peter Kendall told the union’s annual conference that a relentless squeeze on prices by the supermarkets was putting three dairy farmers a day out of business and said that more UK investment […]

ING Direct has launched a cash individual savings account (ISA) guaranteed to pay 6.55% for the first six months it is held by savers.
Following this initial period the rate reverts to a variable 5.13%, a saving and investment rate considered very favourable in the industry and putting it in contention for the best ISA on […]

Roadside hotel group Travelodge has claimed that workers in the UK fiddle around £1bn a year on their expense accounts.
In a survey of 4,000 people conducted by the group, 22% of workers, which is the equivalent of 6.3 million in the total national workforce, “admit that they regularly fiddle their expense claims”, according to Travelodge.
The […]

The relentlessly rising cost of running final salary pension schemes is causing more employers to squeeze the total wage bills of their staff, according to actuarial firm Aon Consulting.
Employers now have to make good any shortfalls in employees’ pension pots and, according to Aon’s figures, 49% of employers have raised staff contributions or cut related […]

Royal Mail has asked regulator Postcomm to approve a 6p rise in the price of a stamp to help stem its losses and to make a UK investment to ensure its survival.
At its current pricing levels, Royal Mail incurs a loss of 6p on every letter it delivers. Increased competition from private sector companies is also eating […]

Britain’s High Street banks will have to set aside huge amounts of money to repay customers unfairly charged on their current accounts, according to many City analysts.
The banks face a potentially massive bill for charges on UK current accounts going back as far as six years, as many customers have complained about the fees levied on their UK […]

Consumers in many parts of the country are facing soaring water bills, with some going up by more than four times the rate of inflation as the suppliers look to make big investments in their infrastructure and after a difficult period of drought.
People supplied by South West Water face the biggest rise, with charges for unmetered customers rising […]

A report by a committee of MPs has called for a thorough review of travel insurance policies, as many people may not be covered for certain situations and they must compare travel insurance very carefully if they are not to be caught out by exclusions.
For example, ten million people who travelled last year would not have […]