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Remortgage Advice

Tax rise hits top properties

The top end of the property market could suffer as a result of new tax rules laid out in the pre-Budget report

Commission taken out of advice equation

Proposals on the investment advice process were unveiled by the Financial Services Authority this week.

Investors in New Star funds should not panic

Investors with money in funds managed by New Star Asset Management will be protected as assets held in unit trusts and open-ended investment companies will be ring-fenced from the company.

London Scottish files for administration

Ernst & Young appointed after the bank failed to make up a shortfall in its capital ratios or secure a takeover

Funds slash fees to pull in cash

Funds of hedge funds are trying to manage liquidity by reducing their fees in the hope of staunching the flood of withdrawals and encouraging new investment (PDF)

Tesco takes the fight to discount retailers

The supermarket group appeared to be winning the battle with discount retailers like Lidl and Aldi as it reported third quarter results that beat consensus forecasts and sent the shares higher in early trade

Record numbers buying online as shoppers shun the high street

Britain has witnessed record levels of online shopping this week but customers are still shunning the high street according to the latest sales figures.

RBS plans to 'proactively' refund unauthorized overdraft charges

RBS is planning to 'proactively' refund unauthorized overdraft charges if it loses a crucial high court test case leaked documents have revealed.

Banks should cut red tape on loans to make business life easier

The hottest savings deals

Providers have just passed on the previous 1.50pc rate cut but the odds are on a further cut on Thursday.

Small firms wrestle with VAT cut nightmare

Small businesses are struggling to come to terms with the temporary cut in the VAT rate after working overtime to bring price lists displays and their accounts into line to meet the new 15pc rate.

Overdraft charges: RBS prepares ground for 'proactive' refunds

Royal Bank of Scotland will "proactively" refund unauthorised overdraft charges if it loses the current High Court test case.

Government risks making mortgage crisis worse say lenders

The Council of Mortgage Lenders has attacked the Government for failing to deal with the mortgage crisis.

Couple who win £7.6million on lottery say they will carry on running garage

A couple who scooped £7.6million on the National Lottery say they will continue running their car repairs garage despite their win.

Christmas gifts that will keep on giving

A financial present is practical - and lasts beyond Christmas.

Buytolet: Better safetyconscious than sorry

Ignoring rental regulations could put landlords in serious trouble.

News Headlines

UK's Brown to reject talk of US rift (Stuff)

Britain's new Prime Minister Gordon Brown will play down talk of a cooling of US-British relations in his first talks with President George W Bush next week ? but he will not want to be seen as "America's poodle."

Aiding childhood ambition (The Herald)

For Edinburgh boy David White, leaving school with Highers meant a job in financial services. "When I was offered the job, my grandfather came out of the house and shook my hand because he was so pleased that I had got what was deemed to be a good job."

Strike continues at world's largest underground copper mine

SANTIAGO (AFP) - El Teniente, the world's largest underground copper mine, remained closed Saturday as a security measure after subcontracted workers went on strike, a company official told AFP.

Chinese carmakers to join forces: reports

BEIJING (AFP) - Chinese car giant Shanghai Auto and the country's oldest carmaker have agreed to join forces in the highly competitive market, state press said Saturday.

India's State Bank profit jumps 78 percent on loan growth

MUMBAI (AFP) - India's largest bank, the State Bank of India, said Saturday its net profit climbed 78.5 percent in the first quarter thanks to strong loan growth.

Dubai Islamic Bank first half net profits soar 113 percent

DUBAI (AFP) - Dubai Islamic Bank said on Saturday its net profit rose 113 percent in the first half of the year to 1.5 billion dirhams (408.7 million dollars) because of diversification.

Thailand calls for global cooperation after Wall Street tumble

BANGKOK (AFP) - Thailand, the epicentre of the 1997 economic crisis, on Saturday called for global cooperation to cope with financial volatility following a regional stock sell-off sparked by Wall Street losses.

Battle royal for riches of the Sultan (Guardian Unlimited)

They are among the world's wealthiest men. Now the bitter feud of Brunei's brothers reaches its climax.

Sports Direct?s Ashley hits back at City 'cry babies' (Times Online Sunday)

JUST a week ago, Mike Ashley was basking in sizzling sunshine on the beach in Marbella, knocking back lagers and lime. He mingled with 200 guests at a party to celebrate the 40th birthday of Gadget shop founder Chris Gorman, then headed back to Britain on Sunday night.

Japanese shares slide after election rout, US losses

TOKYO (AFP) - Japanese stocks fell more than one percent in early deals Monday, hit by recent losses on Wall Street and fears of domestic policy gridlock after a weekend election blow for the government, dealers said.

Sri Lanka set for record growth despite conflict

COLOMBO (AFP) - The recent escalation in fighting in Sri Lanka has not derailed the nation's economy, with the island on track to record its fastest growth in nearly three decades, according to the central bank.

US travel industry eyes 200-million-dollar program to woo visitors

WASHINGTON (AFP) - The US travel industry and its allies are pressing Congress for a marketing program of as much as 200 million dollars to help restore America's & quot;brand image & quot; with international visitors.

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