Yesterday, Mervyn King, the Governor of the Bank of England, suggested that the bank base rate will likely stay at its current all-time low, of 0.5%, for the foreseeable future.
Yesterday the US finally got their man Tony Hayward, the now former chief executive of BP. However, now there are complaints about the size of his golden parachute payout of around £12million. But how does this compare to other former CEO pay-offs?
A survey by Which? Magazine has found that 8 out of the 12 banks and building societies do not personally inform their clients when they cut the interest rate on their savings accounts.
The Government is proposing to implement an annual allowance for pension contributions of £40,000 and suggests this could be indexed – reports Money Marketing.
"I'm very pleased because any concern that it was going to turn into an auction all about money quickly disappeared after myself and Christian Purslow had a long conversation with Joe," Hodgson told Liverpool's club website, after giving Joe Cole a contract rumoured to be worth a staggering £19 million so he...
Government-backed National Savings & Investments (NS&I) have announced that they've pulled two popular inflation-beating products and slashed rates on other products after seeing record inflows of cash.
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