Money


Pay freeze for civil servants

Gordon Brown has announced a pay freeze for senior public sector workers

10:57am Wednesday 10th March 2010

The Prime Minister has announced a pay freeze for thousands of senior civil servants, NHS managers, judiciary and military top brass under moves aimed at saving £3 billion over the next three years.

Budget in two weeks, confirms Brown

Chancellor Alistair Darling will deliver his crucial Budget speech in a fortnight

9:10am Wednesday 10th March 2010

The Budget will take place in two weeks, Gordon Brown has confirmed as he made a key speech pledging to pull the economy through the "storm" of recession.

Public sector pay freeze expected

Top-earning public sector workers are bracing themselves for a pay freeze

4:18am Wednesday 10th March 2010

Thousands of top-earning public sector workers are bracing themselves for a pay freeze as the recommendations of the independent salary review body are published.

Women hardest hit by spending cuts

TUC general secretary Brendan Barber said both parents in many families could be left out of work

12:24am Wednesday 10th March 2010

Women workers would be hardest hit by cuts in public spending, suffering more job losses and reductions in their income, a new report has warned.

Credit card fraud losses drop 28%

Fraud losses on UK credit and debit cards fell by 28 per cent during 2009, figures show

12:24am Wednesday 10th March 2010

Fraud losses on UK credit and debit cards fell by 28% during 2009 as a raft of industry initiatives paid off, figures have shown.

Returns on savings suffer a fall

Returns paid on savings accounts have tumbled in the past few months

5:46pm Tuesday 9th March 2010

Returns paid on savings accounts have tumbled in the past few months as banks and building societies focus on making their mortgages more competitive, research showed.

Mis-sold insurance estimated cost up

City watchdog doubled estimate for the cost to insurers of compensating people mis-sold payment protection insurance

5:15pm Tuesday 9th March 2010

The City watchdog doubled its original estimate for the cost to insurers of compensating people who are mis-sold controversial payment protection insurance (PPI).

Potholes cost insurers £2.85m

AA Insurance said around 1,900 pothole claims were made by motorists during February

1:15pm Tuesday 9th March 2010

Insurers paid out an estimated £2.85 million in claims last month to people whose cars were damaged by potholes, research has shown.

Npower cuts gas prices

Npower has become the fourth major UK provider to cut gas prices

1:05pm Tuesday 9th March 2010

Energy firm npower has become the fourth major UK provider to cut gas prices as it announced a reduction of up to 7% in standard bills.

NS&I launches Direct Saver account

National Savings and Investments has launched a new direct savings account

12:44pm Tuesday 9th March 2010

National Savings and Investments has launched a new savings account paying interest of 2%.


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