UK Finance News

A report in the Sunday Times suggests that the UK Government is already considering plans to sell off the nationalised bank Northern Rock at the earliest opportunity although their are no formal discussions with potential buyers taking place currently.
It is believed that the bank would have to be split in two, with it’s toxic debts [...]

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Following yesterdays Budget report, the following information regarding changes to personal taxation has been compiled by Michael Martin Partnership.
Personal Allowances 2009-10
These remain as announced in the Pre-Budget report November 2008. From the 6 April 2009 the income tax personal and age related allowances are increased to:
Age under 65 – £6,475
Age [...]

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With the budget being the talk of the moment, one of the things that is being suggested to boost the UK motor industry is to follow the example of other European countries and offer consumers the opportunity to trade in old cars for a cash payment, when replacing the vehicle with a new one.
Before Alistair [...]

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The UK government has announced plans to make the British motor industry a world leader in the low carbon future, by offering motorists a cash incentive of up to £5,000 to encourage them to buy electric or hybrid cars from 2011.
The move was announced by Business Secretary Peter Mandelson and Transport Secretary Geoffrey Hoon as [...]

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The Royal Bank of Scotland has angered unions, staff and the general public by announcing further job cuts over the next two years. 4,500 jobs will be lost in the UK alone as part of a £2.5bn proposal to cut 9000 jobs world wide by 2011.
Unite national officer Rob MacGregor said: “Unite is appalled that [...]

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