Money news
Housing benefit cap 'to cost £120m'
Changes to housing benefit could lead to a surge in homelessness which would cost the Government £120 million a year, a housing charity has said.
Jobs recovery 'will take 14 years'
Employment will not return to pre-recession levels for 14 years and could take longer in some parts of the country hardest-hit by Government spending…
Tax repayment written off for many
Nearly one million people who did not pay enough income tax have had their repayment demands written off, it has emerged.
Clegg warns over cuts backlash
Nick Clegg has sought to calm public fears over deep spending cuts but admitted the coalition was likely to suffer a bitter backlash.
Interest rate on hold for 18th time
The Bank of England has maintained its emergency support for the economy by keeping interest rates at 0.5% for the 18th month in a row.
Overdraft rates at record high
Overdraft rates reached a record high during August as current account providers continued to re-price their deals, figures have shown.
House prices edge ahead by 0.2%
House prices were broadly unchanged during August as activity in the property market remained subdued, figures have shown.
Bank to stock £5 notes in ATMs
Lloyds TSB has announced plans to install up to 200 cash machines dispensing £5 notes during the coming year.
Airline baggage gauges 'wrong size'
Passengers on a budget airline may have been wrongly charged up to £60 because of hand luggage measuring discrepancies, it has been revealed.
Take-home pay increases by 1.3%
Take-home pay increased by 1.3% in the past three months, well short of the rate of inflation, a study shows.
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