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  • Consumers missing out on tax-free savings
    Up to £182 billion in tax-free savings allowances will be sacrificed as the tough financial climate continues to weigh heavily on British savers. Only half intend to use cash ISAs during this tax year, and only half of the ...
    Wed 29th Feb, 2012 (1 Comment)
  • Tax avoidance schemes close to save £500 million
    Barclays has confirmed that it is the bank at the centre of a tax avoidance case worth £500 million.   Yesterday, the Treasury rushed to close two tax avoidance schemes: one allowing banks to avoid corporation tax on ...
    Tue 28th Feb, 2012
  • UK economy shrank by 0.2% in final quarter of 2011
    The Office of National Statistics confirmed last week that the wider British economy shrank by 0.2% in the final quarter of 2011, reducing overall growth for the year to just 0.8%.   This contraction has prompted a nervous ...
    Mon 27th Feb, 2012
  • Profit and Loss: Britain's Banks
    Large British banks are continuing to struggle with their balance sheets as the challenging European and global financial conditions prevail. In more positive news, however, it appears reasonably clear that retail banking can ...
    Fri 24th Feb, 2012
  • Barclays reveals large fall in complaints
    Barclays has revealed that the number of complaints it received dropped considerably in 2011 from 2010, but the bank is still eager to reduce this further.   Barclays struck notoriety after becoming the most complained ...
    Thu 23rd Feb, 2012 (1 Comment)
  • Post Office keeps instant access savings above 3%
    The Post Office’s Online Saver has taken instant access savings back above 3% on Which4U.   Unlike Nationwide’s MySave Online Plus, which previously topped our tables but which restricted customers to just one free ...
    Tue 21st Feb, 2012 (4 Comments)
  • Comment: Riposte Against Inflation-Linked Savings
    At Which4U we’ve been wary of inflation-linked bonds for some time - since November, in fact - and it’s a surprise that it has taken the Financial Times until last week to pay these vogue products some sustained ...
    Tue 21st Feb, 2012
  • Late tax returns total £85million in fines
    Companies and individuals face penalties worth £85 million from HMRC after failing to submit their self-assessment tax returns on time.   Despite HMRC extending its January 31st deadline for 2010-2011 self-assessment ...
    Mon 20th Feb, 2012
  • Many micro-firms expect to fold
    Business confidence remains shallow as a quarter of Britain’s smallest companies admitted that they could fold within two years. Many of these believe that 2012 could see their demise.   In early October 2011, the ...
    Mon 20th Feb, 2012
  • Policy roundtable discussed higher inflation target
    The minutes of the seventh Monetary Policy Roundtable held in December at the Bank of England were released today, revealing a variety of opinions on the recent UK recession, the inflation target, and the impact of ...
    Fri 17th Feb, 2012
  • New Savings Guides at Which4U
    Which4U endeavours to provide the best possible guidance in matters of personal finance during these testing times. The options for UK savers have been limited and often complex in the face of high inflation. Could we help ...
    Thu 16th Feb, 2012 (1 Comment)
  • Inflation fall offers relief for savers
    Inflation has officially fallen for the fourth consecutive month to 3.6%, which is set to drive a large number of consumers back into saving.   Polls have suggested that a good percentage of consumers have been waiting for ...
    Wed 15th Feb, 2012
  • Bank’s QE declared good news for UK budget. But what about inflation?
    The Bank of England's £50 billion injection into the economy has been given the nod of approval by a leading ratings agency, which suggests that the UK will find itself in a stronger budgetary position than either France or ...
    Mon 13th Feb, 2012
  • Bank of England ramps up Quantitative Easing by £50 billion
    The Bank of England has put its faith in its predictions for falling inflation by voting to keep the central inflation rate at 0.5% and to increase its Asset Purchase programme (or Quantitative Easing) by £50 billion.   A ...
    Fri 10th Feb, 2012
  • 'A nation of savers'? Average UK savings remain miles behind Chinese
    The Bank of England recently reiterated an old adage of the UK being 'a nation of savers'. But how true is that remark? New research investigates.   The proportion of disposable income saved by UK households has been ...
    Fri 3rd Feb, 2012 (1 Comment)
  • Comment: "All in this together"? Banking bonuses in the UK and Australia
    Plenty of financial concerns have struck the UK and Australia in parallel in recent months, and not all directly as a cause of the global slowdown either.   There’s been the odd banking scandal; there’s been the issue ...
    Thu 2nd Feb, 2012 (2 Comments)