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The Government certainly pulled an enormous unexpected Rabbit out of that hat yesterday with a series of unparalleled pension reforms. There was also good news for savers with a more than anticipated boost to the annual ISA allowance. Pensions Highlights Immediate changes: Capped drawdown – increase the maximum you are able…
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Lloyds Banking group’ PPI costs now total a potential £9.8bn, this compares to the bill for all banks which is approaching £20bn. Lloyds’ is still owned 32.7% by the tax payer but the government has plans to return to private ownership by the next general election. Share in Lloyds fell…
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Tags: , Lloyds Banking group, PPI
Compass Group PLC (CPG.LN), a food and support services company, said expectations for its full-year performance remain positive and unchanged. It forecast organic revenue growth for the full year ending Sept. 30 at constant currency of just over 4%, driven by new business wins, good retention rates and modest inflationary…
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Tags: , Balfour Beatty, Compass Group, Ladbrokes, TUI Travel, Tullow Oil
said that it performed well in the five- month period to Aug. 31, adding that the capital issuance pipeline has been encouraging.
Sales growth at Burberry PLC (BRBY.LN) accelerated in the first quarter, spurred by its Spring/Summer collection and sales in Hong Kong and China where the group is outperforming its peers despite a broader pull back in the luxury sector. ICAP PLC (IAP.LN), said that the encouraging start to the financial…
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Tags: , Barratt Development, Burberry
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