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  • Monarch Airlines goes bust: Live reaction as Manchester passengers left in tears at check-in desks

    October 2, 2017 7:46 AM 9

    "We know that Monarch's decision to stop trading will be very distressing for all of its customers and employees." Monarch was founded 50 years ago and grew into one of the biggest operators in the UK. It was formed at Luton Airport in June 1967 with the financial backing of the Swiss Mantegazza family, the owner of tour operator Cosmos, and started

  • DAILY BRIEFING: London tops the charts for stock market floats, with 14 sales raising £2bn

    October 1, 2017 11:24 PM 4

    FLOATING ALONG London was one of the busiest markets for floats over the previous quarter, the latest data has revealed. On the main market, 14 floats raised £2 billion, while 16 admissions on AIM raised £916 million. LOOKING FORWARD Growth in the private sector cooled slightly in the three months to September, according to a survey by the Confederation

  • Bank set to fight union over use of name Lloyds as concerns are also raised over links with members’ insurance firm

    September 30, 2017 9:01 PM 10

    Lloyds Banking Group is mulling a legal action against the Lloyds Trade Union over the use of its name. The lender is understood to feel it is inappropriate. It derecognised the LTU in 2015 and the union can play no part in formal negotiations over pay and conditions, but it can still represent individuals in a dispute. Separately, sources have raised

  • London 'worst-performing' house price region for first time since 2005

    September 29, 2017 8:07 AM 9

    A closely-watched monthly study records the first annual drop in house prices in the capital since 2009. The monthly house price study by Nationwide said that not since 2005 has the capital been the UK's "worst-performing" region. It was the only region to see an annual price decline in the third quarter, falling 0.6%. Average growth in the UK remained

  • Bombardier describes tariff ruling in Boeing row as 'absurd'

    September 27, 2017 2:26 AM 22

    Aerospace firm Bombardier has described the US Department of Commerce's preliminary ruling against it in its row with Boeing as "absurd". An interim tariff of nearly 220% has been proposed on the import of Bombardier's C-Series jet to the US. The Canadian company said Boeing was seeking to use US trade laws "to stifle competition." The UK government

  • Harvey Nicks makeover: Chief exec Stacey Cartwright to serve part-time as deputy chairman

    September 25, 2017 8:50 PM 11

    Harvey Nichols's boss will be stepping down at the end of the year to serve part-time as deputy chairman of the department store group. Stacey Cartwright, chief executive, will take up the role in order to free-up time to pursue other directorships and personal interests. As deputy chairman, Cartwright (pictured) will retain her oversight of Harvey Nichols

  • Two key pensions essentials: How to recover lost tax and why drip feeding into your pot near retirement is worth considering

    September 25, 2017 11:05 AM 12

    The taxman is prone to making errors. Every year about three million people pay too much - or too little - tax and have to straighten out their records with HM Revenue & Customs. If you've been charged too much tax on your pension you can claim it back straight away. One reason you might have paid the wrong amount of tax is where HM Revenue & Customs

  • Burst water pipe affects Shropshire homes

    September 25, 2017 12:14 AM 11

    A water pipe measuring about 21ins (53cms) has burst leaving thousands of homes without water, Severn Trent said. The company confirmed one of their "biggest" pipes had burst at about 04:00 BST affecting supplies across Telford. It said customers in the TF7, TF3, TF4 and TF8 area would be affected. The pipe is "very deep underground" and the water supplier

  • PENSIONS WEB CHAT: Read all the answers former pensions minister Steve Webb handed out for your retirement questions..

    September 21, 2017 9:11 AM 10 5

    Could you do with a bit of help with planning your retirement or have a pensions question to ask one of the country's top pension experts? Former pensions minister Steve Webb joined us to answer readers' pension questions in a live web chat – or as we call it here at This is Money, a 'Webbchat'. Steve, now director of policy at Royal London, was at This is Money

  • Sir Vince Cable issues rallying cry against hard Brexit at Lib Dem conference

    September 19, 2017 2:58 PM 9

    Sir Vince uses his first address as leader to the Lib Dem conference to position his party firmly as an anti-Brexit voice. Sir Vince used his first keynote address to the Lib Dem conference as leader to position his party firmly as an anti-Brexit voice. He called for a new referendum once the terms of Britain's divorce from the European Union are clear