The Scottish economy is growing at a slower rate than last year, according to Lloyds TSB.
Research from the bank found that 36% of Scottish firms reported an increase in turnover during the three month period ending in February 2008. A further 36% of firms surveyed reported static turnover and 28% reported a decrease. This […]

Selecting exactly the right annuity to meet individual needs from the many payment options and providers available can be one of the most important decisions a person has to make.
But buying sooner rather than later may be even more important, according to financial research company Defaqto.
Not only is there a realistic prospect of the Bank […]

Identity theft is still on the rise, with nearly 30% of Brits falling victim to identity theft within the last three years, according to The Credit Show.
 
Identity theft is continuing to be one of the fastest growing crimes in the UK, with technology and the Internet making it easier for thieves to rip-off their victims. […]

UK adults will spend a combined £9.3bn on unnecessary tax charges in 2008, according to research from online IFA directory Unbiased.
The website’s Tax Action report found that unnecessary Inheritance Tax (IHT) payments will rise by more than £360m in 2008, amounting to a predicted total waste of over £1.9bn. The report also revealed IHT […]

Investment bank JP Morgan Chase has announced details of a revised deal to buy troubled US bank Bear Stearns.
The new deal will value Bear Stearns’ shares at $10 – five times the previous offer of $2 announced on 16 March 2008. The board of directors at both companies have approved the amended deal.
Another amendment has […]

Research from Nationwide Building Society reveals that ISA holders are not making full use of their tax-efficient allowance.
In the current tax year, 28% of ISA holders do not have any more money to save with 4% not knowing how much they topped up.
Nearly one third of ISA holders saved up to £1,000 and one tenth […]

A Budget survey by Moneysupermarket.com found 30% of Brits don’t think they can cope much longer financially.
Tim Moss, head of loans and debt at Moneysupermarket.com, said: “I am really surprised by the extent of worry out there. Close to a third of Brits have obviously been really spooked by the Budget.
“There is little doubt many […]

Scottish and Southern Energy (SSE) has increased its electricity and gas prices by 14.2% and 15.8% respectively, effective from 1 April.
According to switching service uSwitch, the increase in prices equate to SSE customers paying £50 more per year for electricity and £85 more for gas. The average annual fuel bill for an SSE customer will […]