Pension funds face £52bn shortfall
Falling stock markets added £20bn to the shortfalls faced by some of the UK's biggest pension schemes during May, figures showed today.
But despite the recent incre...
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Banks slash credit card charges
Three of the UK's biggest banks will cut their charges for late payments on credit cards following a watchdog's ruling that card providers were illegally earning £30...
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Treasury admits £1.8bn of tax credit overpayments
There were calls today for the sacking of the government minister responsible for the tax credits system after an admission from the Treasury that almost £2bn had be...
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Arsenal move for £6.8m midfielder Rosicky
Arsenal are poised to sign the highly rated Czech Republic midfielder Tomas Rosicky from Borussia Dortmund for £6.8m. The 25-year-old was allowed to leave the natio...
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Device to combat 'shoulder surfing
A device being piloted on the high street could protect people using credit and debit cards from "shoulder surfing" thieves seeing pin numbers as they are entered.
Chip ...
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Rover creditors to receive up to 10p in the pound this year
Creditors of MG Rover and its sister company, engine manufacturer Powertrain, can expect a modest payout this year, according to Tony Lomas, at administrators Pricewaterh...
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Confessions of a serial drifter
I have a happy novelist friend who operates on the principle "first thought, best thought". My own experience has been "first thought, unbelievably stupid thought". If a ...
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European court backs Revenue approach to VAT fraud
The government yesterday won a significant victory in its fight against VAT fraud, which is costing the taxpayer billions of pounds, when the European court of justice ba...
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Chip and pin pushes card fraud abroad
The new "chip and pin" payment system intended to eradicate credit card fraud in Britain has resulted in a rise in card crime abroad, according to Lloyds TSB.
The bank s...
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Shell keeps PIN ban after £1m fraud
Chip and PIN terminals at 600 Shell service stations remain suspended today as a fraud investigation continued.
Eight people, including one from Guildford and another fr...
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