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15/03/2010
Other UK News In Brief
Further Blaze Death Arrest
A second person has been arrested over the manslaughter of an elderly couple who died after a fire at a sheltered housing complex in Warwickshire. Kath and Albert Adams, both 77, died when a fire in a mobility scooter spread to their home in Rugby during the early hours of 27 February. A second fire at the complex is also being investigated. An 18-year-old from Rugby has been arrested. A 15-year-old is due in court later charged with manslaughter.
Osborne Hits Out Ar FSA
The Shadow Chancellor, who has already pledged to scrap the Financial Services Authority (FSA), said today that the regulator was not looking at the 'big picture'. George Osborne has blasted City regulators for not spotting the accounting tricks used by Lehman Brothers to artificially inflate its balance sheet and argued that the failure of the FSA to intervene before the Wall Street giant dramatically collapsed in 2008 was proof that Britain's financial regulatory system needed a thorough shake-up. He said it was extremely disappointing that the watchdog did not spot the true scale of the problems at Lehmans.
Knife Robbery: Man Charged
An 18-year-old man has been arrested and charged in connection with an alleged knifepoint robbery at an Edinburgh cafe. The incident happened at the Moo Cafe in Brandon Terrace on Sunday 7 March at 5.30pm and Lothian and Borders Police said a positive line of inquiry was being followed to find a second male believed to be involved in the robbery. The arrested man is due to appear at Edinburgh Sheriff Court.
Credit Cards In Focus
New Government measures to force card providers to reduce the costliest part of a debt first will save card holders millions of pounds in interest payments. Credit card firms will be forced to change the way they make customers pay off their debts, in a move that could save nine million borrowers a typical £225 each a year, the government announced today. The move is part of a package of measures to tackle indebtedness unveiled this morning by the Prime Minister, Gordon Brown. Now, when cardholders transfer a debt to a card provider at a low or zero rate of interest, and subsequently buy items on the card at a higher rate of interest, often around 20%, most card companies force them to pay off the cheaper debt first when they make repayments. This makes the costlier debt on the card last longer, thus prolonging the debt and earning the card companies more interest.
(BMcC/GK)
A second person has been arrested over the manslaughter of an elderly couple who died after a fire at a sheltered housing complex in Warwickshire. Kath and Albert Adams, both 77, died when a fire in a mobility scooter spread to their home in Rugby during the early hours of 27 February. A second fire at the complex is also being investigated. An 18-year-old from Rugby has been arrested. A 15-year-old is due in court later charged with manslaughter.
Osborne Hits Out Ar FSA
The Shadow Chancellor, who has already pledged to scrap the Financial Services Authority (FSA), said today that the regulator was not looking at the 'big picture'. George Osborne has blasted City regulators for not spotting the accounting tricks used by Lehman Brothers to artificially inflate its balance sheet and argued that the failure of the FSA to intervene before the Wall Street giant dramatically collapsed in 2008 was proof that Britain's financial regulatory system needed a thorough shake-up. He said it was extremely disappointing that the watchdog did not spot the true scale of the problems at Lehmans.
Knife Robbery: Man Charged
An 18-year-old man has been arrested and charged in connection with an alleged knifepoint robbery at an Edinburgh cafe. The incident happened at the Moo Cafe in Brandon Terrace on Sunday 7 March at 5.30pm and Lothian and Borders Police said a positive line of inquiry was being followed to find a second male believed to be involved in the robbery. The arrested man is due to appear at Edinburgh Sheriff Court.
Credit Cards In Focus
New Government measures to force card providers to reduce the costliest part of a debt first will save card holders millions of pounds in interest payments. Credit card firms will be forced to change the way they make customers pay off their debts, in a move that could save nine million borrowers a typical £225 each a year, the government announced today. The move is part of a package of measures to tackle indebtedness unveiled this morning by the Prime Minister, Gordon Brown. Now, when cardholders transfer a debt to a card provider at a low or zero rate of interest, and subsequently buy items on the card at a higher rate of interest, often around 20%, most card companies force them to pay off the cheaper debt first when they make repayments. This makes the costlier debt on the card last longer, thus prolonging the debt and earning the card companies more interest.
(BMcC/GK)
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04 February 2010
Interest Rates And 'Easing' Held
The Bank of England today held interest rates at 0.5%, with so-called 'quantitative easing' being mainted at £200 billion. The UK officially climbed out of recession last month, following a 0.1% growth in output. "After a substantial fall in output, the UK economy recorded sluggish growth in the final quarter of 2009," the bank said this morning.
Interest Rates And 'Easing' Held
The Bank of England today held interest rates at 0.5%, with so-called 'quantitative easing' being mainted at £200 billion. The UK officially climbed out of recession last month, following a 0.1% growth in output. "After a substantial fall in output, the UK economy recorded sluggish growth in the final quarter of 2009," the bank said this morning.
18 September 2013
Convicted Paedophile Loses Legal Challenge Over Bank Details
A convicted paedophile has lost a legal challenge in the High Court over rules requiring him to disclose bank details to police.
Convicted Paedophile Loses Legal Challenge Over Bank Details
A convicted paedophile has lost a legal challenge in the High Court over rules requiring him to disclose bank details to police.
20 March 2012
Government Credit Cards Being Abused
An examination of transaction carried on government credit cards has uncovered evidence of unauthorised transactions. The National Audit Office report released today will show that government-issued procurement cards are being abused due to a failure to oversee their spending.
Government Credit Cards Being Abused
An examination of transaction carried on government credit cards has uncovered evidence of unauthorised transactions. The National Audit Office report released today will show that government-issued procurement cards are being abused due to a failure to oversee their spending.
01 July 2008
Brits Risk £58m A Month In Extra Charges Using Cards Abroad
Research launched today by Travelex reveals consumers are still relying on credit and debit cards abroad, and last month Brits stumped-up £58m in extra charges at ATMs and in retail outlets abroad. This is the equivalent of sending 20,000 families of four on a week-long holiday to the Med.
Brits Risk £58m A Month In Extra Charges Using Cards Abroad
Research launched today by Travelex reveals consumers are still relying on credit and debit cards abroad, and last month Brits stumped-up £58m in extra charges at ATMs and in retail outlets abroad. This is the equivalent of sending 20,000 families of four on a week-long holiday to the Med.
22 March 2004
Britons will spend £17bn shopping online in 2004, says report
The lure of online purchasing will tempt around 20 million British shoppers into spending around £17 billion this year, according to a report by the e-commerce business conglomerate IMRG. The trade body, which includes businesses such as easyJet, Debenhams and Tesco.
Britons will spend £17bn shopping online in 2004, says report
The lure of online purchasing will tempt around 20 million British shoppers into spending around £17 billion this year, according to a report by the e-commerce business conglomerate IMRG. The trade body, which includes businesses such as easyJet, Debenhams and Tesco.
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