Asia shelves IMF challenge
South-east Asian finance ministers yesterday succumbed to international pressure and suspended plans to create a regional crisis management fund. They agreed instead to e...
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Exploding some myths about savings
Misconceptions and Isas are virtually synonymous. But since the tax-saving accounts were launched on the public a year ago, at least one thing has improved.
According t...
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Disney angers unions with Pearl Harbor pay wheeze
A row has erupted over Disney's scheme to defer payment to the crew of imminent blockbuster Pearl Harbor. "I want to change the way $100m movies get made," says Bruce Hen...
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New savings limits to benefit millions
Savers are in line for £2,000 extra in tax relief on their investments after a surprise extension to the rules on individual savings accounts yesterday.
When ISAs ...
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Summary of budget measures
Tax
? Basic tax down by 1p to 22p in the pound from April 6.
? Capital gains tax from April 6 to be cut for business from 40% to 35% after one year, 30% after two years,...
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Raise half a glass of Krug to Cruickshank
Ploughing through competition in UK banking, a report to the chancellor of the exchequer, by Don Cruickshank, things begin to look up halfway down page 220.
A sub-claus...
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Report jeopardises RBS-NatWest deal
The Cruickshank banking review could throw a spanner in the works of the £21bn Royal Bank of Scotland-NatWest merger announced last month.
Don Cruickshank, head of...
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?40 a week to stay at school
A major expansion of state payments of up to £40 a week to encourage youngsters in Britain's run-down urban areas to stay on at school after the age of 16 will be an...
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Bank review 'explosive
The man heading the government's banking review is expected to unleash a harsh attack on the industry next week and recommend that some practices be referred to the compe...
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Take a risk: buy beer and fags
Put £10,000 into a building society and you will be lucky to get 5.5 per cent interest, after basic-rate tax is deducted. Put the same amount into the shares of hous...
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Banking 
