All posts tagged Finance

Social Media

FCA to clarify rules on use of social media to promote financial products

An increase in the use of digital media for financial promotions has prompted the Financial Conduct Authority (FCA) to publish a consultation paper that sets out a new approach to the supervision of financial promotions in social media, the UK’s […]

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New incentive to help quit smoking could make you a millionaire

Many people are already aware of the financial costs of maintaining a smoking habit; cigarette prices continue to rise in an attempt by the government to cease the


The Libor Scandal: RBS facing fine of £390m

The Royal Bank of Scotland has been in the spotlight this month, after a fine was issued for the bank’s role in the Libor rate-fixing scandal. The London inter-bank

Xmas Direct - Covent Garden

Consumers tighten belts this Christmas season

Despite all the mince pies and sherries, the average UK citizen will be tightening their belt instead of loosening it this Christmas. Food and drink prices continue to


Necessary Family Income Risen 16% Above Inflation

Since the beginning of the recession the earnings the average family needs to maintain a minimum lifestyle has risen 16% above inflation, claims a recent report. The research,

Bank Vault

Gunnebo agrees disposal of Chubb Malaysia interest to Sime Darby Energy

Swedish security solutions group Gunnebo AB (STO:GUNN) said on Thursday it had agreed to sell-off its 30% stake in Chubb Malaysia to Sime Darby Energy Sdn Bhd, the


Find the Right Credit Card For You

The credit-card market is full of different offers and attractions to tempt in customers. And while it may seem simplest just to take the first card offered to

Lloyds selling retail branches in auction

Lloyds terminates exclusivity with Co-op and invites others to join £2bn race for retail branches

British lender Lloyds Banking Group Plc (LON:LLOY) said on Friday that after receiving fresh interest from NBNK Investments Plc (LON:NBNK) for its retail and commercial business Project Verde


Bank of China reports a rise first quarter profit by 9.82%

Bank of China (SHA:601988) said today its after-tax profit, reported under International Financial Reporting Standards (IFRS), rose by 9.82% year-on-year to CNY38.447bn (USD6.1bn/EUR4.6bn) in the first quarter of 2012, driven

Banks not helping small businesses

Barclays’ first quarter profit of £2.45bn beats analyst expectations

UK bank Barclays plc (LSE:BARC) announced today that its underlying pre-tax profit for the first quarter of 2012 grew 22% to GBP2.45bn, above analysts' forecasts of GBP2.0bn, with

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