Archive for March, 2007

EDITOR’S BLOG: House of frauds

The most aggravating theft that happened to me was the day I got my wallet nicked at a Cornish pasty outlet at Fenchurch Street station in the City of London.

Culture, Media and Sport minister Tessa Jowell is considering her options after peers rejected the Government’s plans for 17 new casinos, including the first ‘super-casino’ planned for Manchester.

Cash paid into Christmas savings schemes, such as the crashed Farepak operation, will now be protected following a Government review.

Foreign property markets are booming as more British purchasers look abroad, according to the Foreign Focus Index (FFI) launched this week by foreign exchange company Moneycorp.

Millions of people are failing to put aside enough money to cover themselves for a financial emergency, according to research from savings account provider Birmingham Midshires (BM).

The Financial Services Authority (FSA) has warned financial advisers not to kis-sell Self Invested Personal Pensions (Sipps) as part of the pension advice they provide to consumers.

Lloyds TSB, the fifth largest of the big five High Street banks and a major provider of UK current accounts, is sharing a £252m windfall payout from the company’s shares and bonus schemes, it has announced.

The lack of any major natural or man-made disasters in the world last year helped insurance market Lloyds of London to return to profitability after its loss in 2005.

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