Personal Finance
House prices rise in August - Halifax
LONDON (Reuters) - British house prices rose for the second month running in August, mortgage lender Halifax said on Wednesday, confounding expectations for a fall though it still expected house prices to stagnate overall this year.
Food prices push up shop price inflation
LONDON (Reuters) - A jump in food prices pushed shop price inflation higher in August, according to a survey on Wednesday that may heighten concern about the impact of tight supplies of food commodities such as wheat.
Job growth weakens markedly in August
LONDON (Reuters) - The rate at which British recruiters filled permanent jobs slowed to its weakest in 10 months in August, and the industry fears a sharper slowdown when public spending cuts takes effect, a survey showed on Wednesday.
Millions of taxpayers paid wrong amount
LONDON (Reuters) - Nearly six million people are to be told they have paid the wrong amount of tax, with about two billion pounds set to be clawed back from hundreds of thousands of taxpayers, HM Revenue and Customs (HMRC) said on Saturday.
Equitable Life pleads for full customer compensation
LONDON (Reuters) - Equitable Life, the British mutual insurer that nearly collapsed a decade ago, urged the government on Monday to fully reimburse policyholders for their losses rather than cap compensation payments as proposed.
New car sales fall for second month
LONDON (Reuters) - Sales of new cars in Britain fell 17.5 percent in August from a year ago, falling for the second consecutive month following the end of an incentive scheme to scrap old models, the Society of Motor Manufacturers and Traders said on Monday.
IT job opportunities slump in public sector
(Reuters) - Public sector job opportunities in IT have fallen markedly since the start of the year, a survey showed Monday, in a sign that the government's austerity drive is already affecting the labour market.
Car insurance premiums jump 31 percent
LONDON (Reuters) - The cost of car insurance in Britain has risen by almost a third in the past year, its biggest ever increase, as insurers seek to offset a sharp rise in claims expenses driven in part by fraud, AA Insurance said.
Metro Bank ahead of targets on new accounts
LONDON (Reuters) - Metro Bank, Britain's first new high street retail bank in more than 100 years, said on Friday it was ahead of its own targets for new account openings at its flagship branch.
Bank set to leave interest rates unchanged
LONDON (Reuters) - The Bank of England is expected to hold interest rates at a record low next week -- and probably well into next year -- to keep economic recovery on track in the face of a painful fiscal squeeze and weakening global backdrop.
Construction growth at six-month low
LONDON (Reuters) - The construction sector grew at its slowest pace in six months in August, a survey of purchasing managers showed on Thursday, hurt by a marked loss of momentum in residential construction.
Enhanced annuity sales boom continues
LONDON (Reuters) - Sales of enhanced annuities -- pension products offering a higher income to people likely to die early -- jumped 41 percent in the first half in Britain, confirming booming demand, a survey found.
Warnings mount as retail ETF surge gathers pace
LONDON (Reuters) - Worries over opacity and liquidity could temper small-time savers' enthusiasm for Exchange Traded Funds (ETFs), set to be boosted by a UK regulatory revamp of fees on products sold to private investors.
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