Sainsbury's puts £350m into its pension fund
Supermarket group J Sainsbury is raising just over £2bn in a refinancing of its £7bn store portfolio and plans to inject £350m of the proceeds into its ...
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Report claims Google has no licence to operate in China
Less than a month after starting its new China-based search engine, Google's position in the world's second-biggest internet market was thrown into doubt yesterday when t...
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Schroders pays £60m for NewFinance hedge fund
Schroders began spending its £880m of spare capital yesterday by buying a hedge fund firm for $101m (£60m) and promising more deals in the future.
As well a...
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Treasury wins ruling to close VAT loophole
The government yesterday won a significant breakthrough in its crackdown on VAT avoidance when Europe's highest court ruled that schemes operated by two leading British f...
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Why do the banks take so long to clear funds?
Q I transferred money on December 19 from a current account to a credit card, expecting the money to be available within three or four working days for Christmas shopping...
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Water bill rises on the way
Consumers already facing rises in energy and council tax bills were dealt a further blow today with the news that water bills are to go up in April.
The water regulator ...
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Smiths medical rumour peps up trading floors
Smiths Group, the FTSE 100 industrial conglomerate, pulled further away from its recent three-and-half-month low yesterday as break-up rumours did the rounds again.
Shar...
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Top-up fees, RAEs? Farewell to all that
Last week, my wife and I visited our local health insurance office in Sydney. We explained that we had been living in England but had now returned home and wanted to re-a...
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How do I remember all these pin numbers?
Never let it be said that the British banking system lacks compassion. Tomorrow, Valentine's Day, is also being advertised as "chip and pin day". But it's only from the d...
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Out goes the Aga
The wheels of libraries turn slowly, but they can take new directions. While the library loan lists for 2004-05 are full of familiar books, they also show seismic shifts ...
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