Archive for December, 2007

Shoppers scared to go online

A fifth of shoppers are too scared to shop online, research from internet security awareness campaign Getsafeonline.org has shown.

Norwich Union fined for exposing customers to fraud risk

The Financial Services Authority (FSA) has fined Norwich Union Life £1.26m for not having effective systems and controls in place to protect customers’ confidential information and manage its financial crime risks.

UK stock market volatility will persist into the New Year, according to fund manager New Star’s market predictions for 2008.

Britons stick to savings

A massive 9 out of 10 British savers are keeping their money in banks and building societies, despite the recent cut in interest rates, according to research from Birmingham Midshires.

Research from Egg has found that nearly 4 million Brits leave their gift shopping until the week before Christmas.

British Gas rates set to rise

A trading statement by Centrica, owner of British Gas, shows clear signs of price hikes in the New Year.

Second income Britons

A fifth of Britons (20%) boost their income with money earned from a hobby or interest, according to National Savings & Investments – collectively earning £26.44bn.

Positive outlook for Chinese corporate earnings growth

Chinese corporate earnings growth is expected to average around 30% in 2008, according to news agency Reuters.

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