UK Finance News

The end is nigh for the humble bank cheque, after more than three hundred years as the payment of choice for many, banks are expected to vote to phase it out in favour of more up to date payment methods.
During the last  forty years credit and debit cards have taken over from bank cheques for [...]

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France are to follow the lead outlined by the UK government in Alistair Darling’s recent pre-budget speech and introduce a special one off tax on banker’s bonuses for 2010.
French Finance minister Christine Legarde has said that a bill will be put before the French parliament in January that will commit tax bonus payments of over [...]

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The UK’s Furness and Harpenden building societies have announced that they have signed up to compete for savers’ cash with Europe’s first and largest online interest rate auction house for time deposits, licuro.com.They make up seven UK societies that have signed up to the scheme that offers large lump sum investors the best time deposit [...]

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Despite their differences of opinion on financial regulation, British PM Gordon Brown and French President Nicolas Sarkozy have united in an article published in the Wall Street Journal today, calling for a level playing field for taxing bonuses and restricting pay across the world.
In what is seen as an open attempt to lure US President [...]

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In a survey of the UK’s leading mortgage lenders conducted by The Independent, it is reported that home owners are more likely to be making bigger payments on mortgages than increasing spending elsewhere.
The report says that more customers in the UK are making inroads into their mortgage debt, with many households keeping repayments at the [...]

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