Nationwide to introduce SME lending
23 May 2012 | by Michael Northcott
In a much-needed boost to small businesses in the UK, the building society has unveiled plans to introduce SME lending by 2013.
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We want Greece to stay in the euro, says EU
24 May 2012 | by Emma De Vita
An informal EU summit in Brussels ended last night with EC President Herman Van Rompuy making clear he wanted Greece to stay in the eurozone.
Wonga under fire from OFT
22 May 2012 | by Michael Northcott
The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.
UK inflation drops, but more pain ahead
22 May 2012 | by Michael Northcott
The rate of inflation in the UK fell to its lowest level in more than two years last month, according to the Office for National Statistics (ONS).
JPMorgan losses double to £4.4bn
22 May 2012 | by Rebecca Burn-Callander
Investment bank JPMorgan has now doubled its estimated losses on last month's catastrophic hedge trades.
30% income tax and no NI, says report
21 May 2012 | by Andrew Saunders
The 2020 Tax Commission report recommends that income tax should be fixed at a flat rate of 30% and National Insurance abolished.
Facebook IPO disappoints
21 May 2012 | by Michael Northcott
After Facebook's IPO suffered technical glitches, and banks had to prop up the share price, stock analysts are already saying 'sell'.
Facebook floats at $116bn valuation
18 May 2012 | by Michael Northcott
Mark Zuckerberg's social networking behemoth is finally publicly trading, and in its opening minutes secured a $116bn valuation.
The final cost of Northern Rock: £2bn
18 May 2012 | by Michael Northcott
The British public could be billions out of pocket once the bank's assets are fully wound down, according to a report by the National Audit Office.
French Connection issues profit warning, shares dive
17 May 2012 | by Michael Northcott
The fashion chain has issued its second profit warning in six months, prompting an exodus of shareholders and plummeting share value.
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