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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

Germany's 'Five Wise Men' optimistic on growth outlook, rap government

BERLIN (AFP) - The German economy, the biggest in the 12-country eurozone, is robust enough to take the upcoming rise in value-added or sales tax (VAT) in its stride, a panel of top economic experts have found.

NTL to rebrand as Virgin Media in 2007

LONDON (AFP) - US cable operator NTL has said that it would change the company's name to Virgin Media next year to capitalize on the Virgin brand and focus its consumer division.

Oil prices climb ahead of US energy report

LONDON (AFP) - World oil prices have risen as traders awaited the latest weekly update on crude inventories in the United States, which is the world's biggest energy-consuming nation.

Stung by Airbus delays, EADS posts losses

PARIS (AFP) - Painful delays at plane maker Airbus have led to a third-quarter loss at parent group EADS, which must now take "drastic measures" to keep up with US rival Boeing, EADS has acknowledged.

Standard Life reports rising sales (Guardian Unlimited)

Finance group reports strong sales in the first nine months of the year. By Phillip Inman.

Online fraud losses increase 55 per cent (Computing.co.uk)

Tom Young, Computing , Tuesday 7 November 2006 at 00:00:00 Figures from Apacs say cost of fraud has risen to £22.5m Figures released today by UK payments association Apacs show that online bank fraud losses rose by 55 per cent from £14.5m in the first six months of 2005 to £22.5m... > Read the full article

Your ID bagged up for criminals

Royal Mail is making life rather easy for criminals by leaving postbags containing your personal documents unattended for hours at a time

Plastic debt heads for first fall in 19 years

Credit card borrowing could fall for the first time this year since the Bank of England started measuring spending on plastic 19 years ago

Is Scottish Widows in the pink?

The iconic lady in the cape is 20 years old this month. But do policyholders have anything to celebrate? Paul Farrow reports

21st Annual London International Awards (Asia Pulse via Yahoo!7 News)

9th in UK,

21ST ANNUAL LONDON INTERNATIONAL AWARDS (Asia Pulse via Yahoo!7 Finance)

Publishing 9th in UK,

Tuesday, November 7, 0730 GMT (Times Online)

The searing spotlight of the financial regulator is turned on the private equity industry in widespread coverage. The collapse of a large private equity-backed company is "inevitable" and could ultimately pose a threat to the stability of the UK economy, The Times , Financial Times and The Daily Telegraph report.

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