Archive for March, 2007

The number of owner-occupied properties in England has fallen for the first time since official records began in 1939.

A number of potential buyers have approached leisure group Whitbread, which owns the Costa Coffee chain, expressing an interest in buying the David Lloyd health club chain.

The lap dancing club Spearmint Rhino has won a High Court appeal against a ruling that it had to pay Value Added Tax (VAT) on the earnings of its dancers.

Kensington Group, the sub-prime mortgage lender, has issued a profits warning and announced that its chief executive is to leave the company soon.

Retail sales in the UK bounced back strongly in February after a gloomy January, as people made the most of deeply discounted prices and flocked back to the High Street to spend their cash rather than make a saving and investment with it.

The Royal Bank of Scotland (RBS) has put its foot down and is now insisting that its workers must have their primary bank account with the company or face disciplinary action.

The average cost of moving home has gone up to £9,486 according to website Propertyfinder, which means the process has more than tripled in price in the past 10 years.

It’s that day of the year when financial journalists, quiet and relaxed people for the most part, get mildly ruffled about what the Chancellor will put in his Budget.

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