Current Affairs

FSA investigates banks mis-selling to small businesses

The Financial Services Authority (FSA) is to investigate a growing number of claims that small businesses were mis-sold certain complex financial products by major banks in the UK, following a report that appeared in the Sunday Telegraph.

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Treasury report criticises Budget reforms and quantitative easing

The Government should do more to warn savers about the effects of 'loose' monetary policies, including quantitative easing (QE) and low interest rates, which have damaged pension savings; a Treasury Committee report on the Budget has found.

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Challenges remain in gender equality says EU report

Improving gender equality is vital in driving a European economic recovery, an annual report by the European Commission (EC) has said.

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Treasury figures reveal extent of tax avoidance

Six per cent of the UK's wealthiest individuals earning more than £10 million pay less than 10 per cent in tax, widely speculated figures released by the Government have revealed.

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Inflation unexpectedly rises to 3.5%

Inflation in the UK rose in March to 3.5 per cent, up from 3.4 per cent the previous month, driven by higher food, clothing and recreation prices, according to the Office of National Statistics.

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New mobile apps to help small firms with record keeping

New mobile apps that will allow small businesses access to simple record keeping accounts on the go are to be produced by commercial software houses, following consultation with HMRC.

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Scottish business performance picks up but concerns remain

Businesses in Scotland have seen a slight improvement in performance in the first quarter of 2012 compared to the same period last year, according to figures published by the Scottish Chambers of Commerce (SCC).

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Temporary agency workers drive business growth but lower wages

Using temporary agency workers can improve company performance but cause anxiety amongst permanent staff who receive lower wages for the same roles, a new study by the National Institute of Economic and Social Research (NIESR) has found.

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Big six energy deal to benefit households and businesses

An agreement between the UK's 'big six' energy companies, meaning they will be required to tell customers if they are overpaying and allow them to switch to a better deal , is to cut the bills of millions of consumers and businesses, according to the Government and business groups.

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Charities raise concerns over tax relief cap on donations

UK charities have criticised Chancellor's George Osborne's comments regarding tax avoidance by top earners in the UK, claiming they will damage philanthropic giving.

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