Money


MBNA to drop credit card cheques

MBNA plans to stop issuing controversial credit card cheques

1:05pm Thursday 18th March 2010

Credit card giant MBNA has announced plans to stop issuing controversial credit card cheques.

Mortgage lending edges up

Lending during February was still the second lowest since February 2000

10:44am Thursday 18th March 2010

Mortgage lending edged higher in February after diving by a third during the previous month, figures have shown.

RBS unveils new bonus schedule

Royal Bank of Scotland has revealed details of a long-term incentive plan

10:24am Thursday 18th March 2010

Part-nationalised Royal Bank of Scotland has unveiled new bonus plans for bosses which could see chief executive Stephen Hester reap as much as £4.8 million in shares.

Borrowing soars but tax receipts up

Borrowing in the 11 months of the year so far had hit 131.9 billion pounds

10:19am Thursday 18th March 2010

Britain's borrowing ballooned by another £12.4 billion last month, but tax receipts rose year-on-year as the economic recovery gathered pace, official figures revealed.

Government condemned over bill

A spending watchdog has said Labour spent more than £780 million on reorganising Government departments

8:23am Thursday 18th March 2010

Labour has spent more than £780 million on reorganising government departments and their associated bodies over the last five years despite producing no tangible benefits for taxpayers, the Whitehall spending watchdog has said.

Used car dealers shamed in report

As many as 20% of consumers who buy used cars from dealers end up having a problem with the vehicle

3:24am Thursday 18th March 2010

As many as 20% of consumers who buy used cars from dealers end up having a problem with the vehicle, a report by the Office of Fair Trading (OFT) has said.

Anxious students 'mired in debt'

Students are mired in debt, anxious and struggling to cope, says a study

7:28am Thursday 18th March 2010

University students are mired in debt, anxious and struggling to cope with their academic, work and social life, a study has suggested.

Public sector borrowing figures due

The latest figures on public sector borrowing are being published

3:11am Thursday 18th March 2010

Public sector borrowing figures due to be published are expected to show further pain for Britain's finances, but forecasts are on course to undershoot Treasury projections.

Report criticises housing scheme

The Government has been told to get a stronger grip on a social housing programme

12:49am Thursday 18th March 2010

The Government has been told to "get a stronger grip" on a multibillion-pound programme to improve social housing in England, after a parliamentary report found ministers did not have precise figures on the cost of the work or the number of homes involved.

Bosses and unions in Budget row

Bosses and union leaders have different views on how to lead the country out of recession

12:49am Thursday 18th March 2010

Business and union leaders have made last-minute presentations to the Government ahead of next week's Budget, with differing views on how to lead the country out of recession.


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