home
radio
Pray| Showing page 19 of 37 1... 14 15 16 17 18 19 20 21 22 23 24 ...37 | Last update: Wednesday 25th March |
| Latest statistics from accountancy and business services firm RSM Tenon show the number of personal insolvencies in Stoke-on-Trent, including individual voluntary agreements and debt relief orders, totals 281 in the three months to September 30. That was 17 per cent lower than the same period in 2009. Nationally 11,734 people succeeded in making themselves bankrupt, with a further 2,173 forced into bankruptcy by creditors; down 24 per cent compared with the same period the year before. Gill Wrigley, Director at RSM Tenon in Festival Park, said: “the fall in the number of bankruptcy petitions in Stoke may come as a surprise to the many people affected by the downturn. Nevertheless it reflects the overall trend for a fall in people choosing to go bankrupt”. | |
| Money | The Sentinel - March 16 2011 |
| Taxes on married couples on the average wage where one parent stays at home to look after the children are proportionally higher in Britain than in other Western countries, according to shock new research. At present such families in the UK are bearing a tax burden that is 39 per cent higher than that of comparable families across the 34 countries making up the OECD. Their tax burden will soar to 50 per cent greater than that faced by the same families elsewhere in the advanced industrial world by 2012/13. | |
| Money | Care - 7th March 2011 |
| UK inflation hit double the Bank of England’s two per cent target last month as it soared to its highest level in more than two years. The Office for National Statistics said the Consumer Prices Index rate of inflation was four per cent in January as the increase in VAT and the soaring cost of crude oil pushed up the cost of living. Governor Mervyn King admitted there was a “great deal of uncertainty” over the inflation outlook and there were “real differences of view” among Bank of England policymakers. | |
| Money | The Sentinel, February 16, 2011 |
| The UK’s biggest banks have agreed to rein in bonuses and lend £190 billion to businesses this year after hammering out a long-awaited deal with the Government. Chancellor George Osborne unveiled details of a truce with the “big four” banks, Barclays, Royal Bank of Scotland, Lloyds Banking Group and HSBC, which will see total bonus pots lower than last year and lending to small businesses increased. | |
| Money | The Sentinel, February 10, 2011 |
| Britain’s soaring inflation is not down to temporary pressures and rates need to rise now to avoid more aggressive action in the future, a Bank of England policymaker has warned. Andrew Sentence, a member of the Bank’s Monetary Policy committee said in a speech “the time has come to act” and warned the Bank risked losing vital confidence in its ability to keep inflation to target by failing to increase rates. His comments come amid mounting pressure on the Bank as inflation rises more than expected. | |
| Money | The Sentinel-January 25th 2011 |
| A Bigger than expected rise in inflation heaped more pressure on the Bank of England to increase interest rates as economists warned the cost of living is likely to continue to soar. The Consumer Prices index (CPI) rate of inflation rose to 3.7 per cent last month, its highest level since April and up from 3.3 per cent in November. Surging food costs, energy bills and petrol prices led to a month-on-month price increase of one per cent between November and December, the biggest monthly rise since 1996. | |
| Money | The Sentinel January 19/2011 |
| A further 450,000 people will collectively face demands for £180 million from HM Revenue & Customs after underpaying tax through the pay as you earn system, a minister said yesterday. The latest batch of underpayments relates to the 2007/08 tax year, and comes on top of the six million people who under or overpaid tax during 2008/09 and 2009/10. HMRC will write off tax owed when the sum is less than £300, while other taxpayers will be able to make repayments through their salary. | |
| Money | The Sentinel January 12th 2011 |
| Some consultants are making more than £100,000 a year in overtime from the NHS, figures suggest. Documents reported on last night reveal senior doctors frequently earn about £600 for four extra hours of work, on top of their salary and bonuses. Basic pay for consultants in England is £90,000 a year on average, paying for 10 four-hour blocks a week. Those consultants who do private work are also obliged to do an extra four-hour session paid at their basic rate if their NHS trust needs them. Any extra work beyond that attracts a higher rate. | |
| Money | The Sentinel January 14th 2011 |
| The Government’s bill for propping up the banking sector has nearly halved from its peak, but still stands at £512 billion, a report revealed today. The National Audit Office (NAO) said the figure had reduced dramatically from the £955 billion at the height of the fiancial crisis. Today’s findings also revealed that despite the overall reduction in total support, the Government is shelling out a mammoth £5 billion a year in interest on borrowings used to finance the bail out support. | |
| Money | The Sentinel December 15th 2010 |
| Official forecasts for the UK economy show the Government deficit-reduction plan “is working”, Chancellor George Osborne said. The latest analysis by the Office for Budget Responsibility predicted “sluggish growth” in the medium term and said last month’s decision to make still deeper cuts to benefits would also mean 130,000 fewer public sector posts being axed. | |
| Money | The Sentinel, November 30 2010 |
| UK Bank exposure to debt-laden countries has left Britain’s economic recovery highly vulnerable to shocks in the eurozone, the international Monetary Fund (IMF) has warned. The IMF said banks could be hit by further woes in troubled countries such as Greece, Ireland and Spain-with UK bank loans to these eurozone members accounting for around 14per cent of gross domestic product 9GDP0. But the IMF’S latest report on the UK confirmed the economy was “on the mend”. | |
| Money | The Sentinel November 10, 2010 |
| Banks are on the cusp of a second credit crunch that threatens another tax-payer bail-out, a think-tank claims. The new Economics Foundation says banks are facing a £25 billion-a-month funding gap next year. It estimated that at least £1.2 trillion of government cash had already been pumped into the banking system but that there had been little sign of any benefit to taxpayers. | |
| Money | The Sentinel October 4, 2010 |
| The UK economy is on the mend and “recovery under way”, a report by the international Monetary Fund (IMF) says. In its annual health check on the British economy, the IMF backed the coalition Government’s deficit-busting austerity measures, calling Chancellor George Osborne’s plans “essential”. The body also predicted economic growth of two per cent in 2011, although this was lower than its previous estimate of 2.1 per cent. | |
| Money | The Sentinel September 28, 2010 |
| Companies owe developing countries more than enough money in tax to pay for the achievement of the Millennium Development Goals (MDGs) according to Christian Aid. The international relief and development charity says its research has shown that poor countries lose about £102 billion a year to tax dodging by companies which trade internationally; the world Bank suggests that the countries would have needed up to £38 billion each year from the beginning of the MDGs for the goals to have been met. | |
| Money | The War Cry –October-2-2010 |
| In the last decade the gap between the richest and the poorest got wider. Inequality is now at a record high. The incomes of the bottom 10% actually fell by £6 per week between 2002-9 and the number of people living in severe poverty has risen by 900,000 in the past ten years. Youth unemployment has also increased with nearly 1 million 16-24 year olds now out of work. | |
| Money | Keep The Faith - Issue 50 |
1... 14 15 16 17 18 19 20 21 22 23 24 ...37
Bookmark
Tell a friend
