Mortgage fraud ‘continues to rise’
18th April 2012
Mortgage fraud rose by 8% in 2011 in year-on-year terms, according to new research from Experian. The firm said “financially stressed” con...
Corporation tax cut to 24% in April
21st March 2012
The Chancellor announced an immediate 1% cut in corporation tax after saying he wanted to make the UK’s tax system more competitive for business...
MPs seek payday loans crackdown
07th March 2012
MPs have urged ministers to take steps to tackle debt management companies and payday lenders who target vulnerable customers. Members of the Busine...
Managers ‘to blame for RBS failure’
12th December 2011
Royal Bank of Scotland almost collapsed in 2008 because of poor decisions made by management, a new report has found. The Financial Services Authority...
Southern Cross set to shut down
12th July 2011
Care home firm Southern Cross has confirmed it is to shut down after landlords refused to restructure rental agreements. Following the landlords’...
Ferdinand privacy action begins
04th July 2011
Manchester United Footballer Rio Ferdinand’s privacy action has got under way at the High Court. However the public start of the case was held b...
Chancellor announces surprise corporation tax cut
24th March 2011
Corporation tax for businesses will be cut to 23%, with two percentage points cut on the tax rate in April from 28%, and a 1% drop in each of the foll...
GSK pays £2.2bn in Avandia claims
20th January 2011
Brentford-based GlaxoSmithKline paid out a record £2.2 billion in the fourth quarter of last year to settle lawsuits relating to the diabetes drug Av...
Terra Firma loses EMI deal case
05th November 2010
Private equity group Terra Firma was not tricked into paying over the odds for music group EMI by US bank Citigroup, a jury has ruled. Terra Firma, wh...
Two firms fight over Eurostar deal
26th October 2010
A French engineering firm is going through the High Court to stop Eurostar making a deal for new trains with German manufacturer Siemens. The French f...