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Quarterly sales fall for Tesco

Latest figures revealed for giant supermarket chain Tesco reveal that their quarterly sales for the last 13 weeks ending 26 May have fallen and that their UK like-for-like sales, not including petrol...

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Smartphone cash withdrawal from ATMs

Unveiled today is the new technology that will enable people to use their smartphones to withdraw cash from ATM cash machines. The banking app  for customers of NatWest or Royal Bank of Scotland (RBS)...

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BSkyB and BT secure Premier League rights

The Premier League have confirmed that the 2013-14 to 2015-16 seasons Premier matches will be broadcast live by BSkyB and BT. Rights to broadcast 38 games was secured by BT for £246m per season while...

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Business support plans boost bank share prices

Following Sir Mervyn King’s announcement on behalf of the Bank of England confirming that two new stimulus packages were to be launched Friday’s stock market saw bank shares jump up with a 4.2 per cent...

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ONS confirms 2.8% drop in May UK inflation rate

According to the Office for National Statistics (ONS) the slowing of food and fuel prices contributed to a two-and-a-half year low last month in the UK rate of inflation when the previous 3 per cent...

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Two million tickets sold for London 2012 Festival

Organisers for the London 2012 Festival have said that they have now sold about 2 million of the 4 million paid -for tickets that are available for the events that begin on Thursday. The festival is...

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Jimmy Carr no longer involved in K2 tax shelter

Following Wednesday’s statement by Prime Minister David Cameron that Jimmy Carr’s use of a tax avoidance scheme was “morally wrong” the comedian has now announced on his twitter account that he was no...

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Under 25s housing benefit may be cut suggests Prime Minister

In a Mail on Sunday interview the Prime Minister David Cameron has suggested that housing benefits for those people under 25 may be cut as part of the moves the coalition government are taking to...

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David Cameron delivers speech on welfare system

Prime minister David Cameron delivered a speech today on the welfare system and confirmed that he wanted to debate several ideas in preparation for the next Tory manifesto although he hoped that his...

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Fuel duty increase postponed by government

In an announcement made today Chancellor George Osborne told MPs that there would be a freeze on fuel duty for the rest of the year postponing the intended August rise of 3p-a-litre. It is thought that...

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