Archive for February 2nd, 2010

The big squeeze on small shareholders

Shareholders are being squeezed out as official figures show Thatcher’s dream of a shareholding democracy has crumbled

Margaret Thatcher in the eighties

Halifax kicks home movers off cheap deals

Britain's biggest lender is bumping borrowers off cheap mortgages to deals costing almost twice as much (with a £995 charge)

Howard of Halifax Advert

Banks cut fixed rate savings deals again

Fixed savings rates on offer from banks and building societies are being cut, making it harder for savers to earn a decent return

Scissors

What has NS&I done with our money?

Hundreds of savers who applied for NS&I’s top-paying bonds in November and December are still waiting for their accounts to be opened

Savers hit as NS&I

Eurasian Natural Resources leads 100 on higher metals prices

European equities markets were higher Tuesday.
In London, the FTSE 100 was up 0.68 percent to 5,283.31 while the FTSE 250 gained 1.81 percent to 9,480.77.
Miner Eurasian Natural Resources (LSE: ENRC) led gains on the 100 as it added 4.6 percent on the session as all miners were higher, including best-in-sector iron-ore miner Ferrexpo (LSE: FXPO), [...]

Unite in legal battle with BA

The Unite union is in the High Court this week to resolve whether there should be a permanent injunction preventing British Airways (BA) from imposing cost-cutting measures.
Unite previously applied for a High Court injunction to block BA’s plans, but failed.
The airline wants 75% of its crew to accept a pay freeze this year and [...]