HMRC: Record number of self assessment tax returns in by deadline

HMRC reports record receipts of tax returns filed on time and online

HMRC received 9.45 million tax returns on time this year, an increase of 800,000 on last year, but over one million taxpayers were late and will receive a £100 penalty.

UK service sector PMI growth eases double-dip recession fears

The services sector recorded strong growth in January 2012

Growth in both manufacturing and the vital services sector surprised economists and could help the UK avoid slipping back into recession in the first quarter of 2012.

RBS chairman admits bankers’ pay is too high

RBS chief speaks out on bankers' salaries

Royal Bank of Scotland chairman Sir Philip Hampton has conceded that salaries in the banking industry are higher than they should be and must be corrected.

NIESR says UK government should boost economy in short term

NIESR warns that the UK will enter recession in the early part of 2012

The National Institute for Economic and Social Research (NIESR) says the UK will enter a m,ild recession in 2012 but that the re is room to boost the economy in the short term.

Network Rail chief bonus ‘unacceptable’ says Greening

Storm brews over rail chief bonus plan

A £336,000 bonus lined up for Network Rail’s chief executive Sir David Higgins has been slammed by Transport Secretary Justine Greening as ‘unacceptable’.

London and Leeds top UK burglary insurance claims list

Burglary insurance claim hotspots revealed

Homeowners in the north London area of Stoke Newington are the most likely in the UK to claim for theft or burglary on their home insurance, research shows.

Lloyds pledges to keep all branches open for three more years

Lloyds says it will keep all 2,902 branches open for another three years

Lloyds which runs HBOS, Halifax and Bank of Scotland has pledged to not reduce the number of branches it has open for three more years and will not shut a branch if it is the last one in a community.

Average broadband speeds up by 22%, says Ofcom

Broadband is getting quicker, says regulator

Consumers in the UK are getting 22 per cent faster broadband speeds at home than they were 12 months ago, according to regulator Ofcom.

Just 2% of college students believe being in debt is "unusual"

Students lack understanding of basic financial concepts, says the CII

Research from the Chartered Insurance Institute shows that despite being expected to make significant financial decisions many 16-18 year-olds don't understand basic financial terms.

Facebook announces $5bn stock flotation plan

Facebook files for $5bn IPO

Facebook, the world’s biggest social networking site, has unveiled plans to sell shares, with an initial public offering of $5 billion.

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