UK Finance News

Another long cold wet winter in the UK followed by a pretty dismal summer, may get us thinking about moving abroad to live, but a recent report from Alliance & Leicester International, proves that financially at least, the grass is not always greener elsewhere.
The research was conducted by TWC and commissioned by Alliance & Leicester [...]

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The green shoots of life in the UK property market over the last three months have seen the number of properties to let reduce, as property owners are returning to the sales market.
Many property owners who have been unable to sell their homes, became ‘reluctant’ landlords during the financial crisis, taking the opportunity of earning [...]

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The UK arm of Spanish banking group Santander has seen revenues increase by 20% in the first half of 2009, the group includes Abbey, Alliance &  Leicester and Bradford & Bingley building societies.
Santander say that a growing range of investments, credit cards and insurance and helped increase business in the UK operations of the banking [...]

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Former Northern Rock shareholders aiming to win back the losses they made when the bank was taken over by the government have seen their demand for compensation dismissed at the London Court of Appeal.
The shareholders and two hedge funds had argued that the government compensation offered at the time, had undervalued their shares, and breached [...]

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An announcement made this week by industry watchdog OFWAT, says that water companies will be ordered to cut prices to consumers in the UK  by around 4% over the next five years. They have also concerned the industry and it’s investors by lowering the amount of profit that water companies can make.
OFWAT wants to see [...]

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