Monthly Archives: July 2012

It’s nonsense to call this a return of the poll tax | Bob Neill

We’re putting councils in charge of their finances because it will bring more, not less, social justice Polly Toynbee calls our benefit reforms a “social injustice” (The poll tax is back from the dead – it’s Cameron localism, 24 July). … Continue reading

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The new semi-compulsory pensions must not be a rip-off

Life for the next generation of retirees will be miserable enough without pension fees that can gobble up 40% of a worker’s retirement income Regular readers of Society Guardian will have formed the correct impression that these hard times are … Continue reading

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Mandarin at Boots, dumplings at the Grosvenor – London prepares for Chinese influx

The number of flights to London by Chinese tourists has jumped by 158% in June compared with the previous month Chinese characters shout out “We’re tax free!” from tills, staff with language tags dangling from their necks greet Chinese tourists … Continue reading

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HSBC sets aside $700m for money-laundering fines

Bank apologises for ‘shameful’ systems failures that allowed it to launder money for terrorists and drug barons HSBC has apologised for “shameful” systems breakdowns that failed to stop the bank from laundering money for terrorists and drug barons as it … Continue reading

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HSBC’s apology reads like admission of sleeping management

Despite scoring high on soundbites, the bank chiefs’ statements on money laundering mistakes lacked insight about slowness HSBC’s apology scored well on length and soundbites. Chairman Douglas Flint devoted most of his three-and-a-half-page statement to “the mistakes of the past” … Continue reading

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Retail sales in July weaker than expected, says CBI

Gloomy weather and weak consumer confidence dent retail sales growth after diamond jubilee surge Retailers’ hopes of a bumper summer are being dampened by poor weather and weak consumer confidence, Britain’s leading employers’ organisation has said. The Confederation of Business … Continue reading

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PPI compensation has gone to pay bankruptcy debts

My wife was declared bankrupt in 2008 but a later PPI award has been taken to cover unpaid debts Last year Lloyds TSB offered £8,078.42 to bring my wife’s PPI complaint to conclusion. We accepted, but to this date have … Continue reading

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HSBC gave mother-in-law wrong investment advice

Bank advised her to invest in a bond paying 2.5% – but the rate was actually 2% My mother-in-law recently had a HBSC fixed-rate bond mature and decided to re-invest £50,000 and put the balance in to her current account. … Continue reading

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Church of England risks vicars’ pensions in hedge funds

Sixty million pounds have been invested in funds run by some of world’s richest men The Church of England has poured £60m of vicars’ pension investments into hedge funds run by some of the world’s richest men. One of the … Continue reading

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Can you make any kind of living as an artist?

With the exception of household names, most people in the creative arts need a day job to make ends meet. But should artists have to work or should they be supported by the state? Jennie Rooney is the first to … Continue reading

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