Court drops appeal over pregnant trainee payments
The government today had to abandon a legal challenge against three trainee midwives whose bursary payments were suspended when they took leave to have babies after it em...
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BAE ordered to name payment agents
BAE Systems, Britain's biggest and most influential arms company, was yesterday ordered to reveal the identity of agents it uses to make secret payments abroad.
These mu...
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Payment at your fingertips as Co-op tests checkout scanners
Shoppers in Oxford are being offered the chance to ditch their cash cards in favour of their fingertips. Three shops in the area yesterday launched a system allowing cust...
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Sainsbury's staff told to up pension payments
J Sainsbury announced today it would reduce the payout it offers workers with final salary pension schemes unless they agree to increase payments.
The UK's third biggest...
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OFT may reduce late payment fees for credit cards
The Office of Fair Trading is believed to be considering limiting the size of the fee that the country's credit card companies can charge late payers in a move that could...
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Debt firms rapped over payment plans for benefit claimants
People on state benefits with huge debt problems are being put into expensive, and often inappropriate, repayment plans by some of the growing number of firms specialisin...
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Issuer defends payment card for kids
A payment card issuer today defended its decision to issue pre-paid cards to children as young as 13, claiming they helped stop bullying and promoted good financial manag...
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AIG considers $1.5bn payment to settle suit
American International Group, one of the world's biggest insurers, could be preparing to pay one of the largest penalties to settle fraud charges. The insurance firm is r...
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Banks promise swifter payments system
The banking industry announced plans yesterday for a faster payment system enabling internet and telephone payments to be made on the same day. Before the end of 2007 peo...
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Nigeria's unfair payment to Britain
This year the UK government has been praised for putting Africa at the centre of the global agenda. It is therefore with dismay that we see that as a part of a debt cance...
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Accounting & Auditing 
