Economy
National minimum wage to rise
The Prime Minister has announced that the adult National Minimum Wage (NMW) rate will rise from £5.52 to £5.73.
 
Chancellor to seek ‘safe haven’ in Green Budget
The Chancellor’s Budget may be designed to deliver ‘green headlines’ and distract attention from the controversial measures on CGT and non-domiciles.
 
HSBC expects to pay back £300m in overdraft charges
HSBC has become the first bank to put a figure on the amount of money it expects to have to return to customers after the current bank charges test case.
 
CBI launches alternative Budget
The CBI has published an 'alternative Budget speech' that it believes the Chancellor should deliver on 12 March.
 
KPMG urges business-friendly, green budget
With less than two weeks to go before the Chancellor delivers his first full Budget speech, KPMG says now is the time to do more for small to medium-sized businesses.
 
Livingstone calls for tough equal pay rules
The Mayor of London, Ken Livingstone, has urged the Government to introduce tough new equality legislation later this year.
 
Council tax bills up by over £50 in England
Council tax bills will increase by an average of £52 this year in England, according to an authoritative survey.
 
Pension funds fees rise by over 50%
Pension funds around the world are paying on average 50 per cent more in fees than they were five years ago.
 
Banks on track for faster payments
The banking industry is on track to deliver the infrastructure that will enable a new faster payments service to be launched starting on 27 May this year.
 
Ofcom gives O2 3G rollout deadline
Telecoms watchdog Ofcom has issued O2 with a deadline for meeting its 3G rollout obligation and threatened penalties of at least £40m if the firm failed to comply.
 
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