Taxpayer-backed Lloyds Banking Group has become the latest bank to announce a hit to its financial performance due to compensation payouts for mis-sold payment protection insurance (PPI).
The Government today announced "sweeping" reforms to copyright law meaning it will no longer be illegal to copy files from a CD or DVD onto a computer for personal use.
Barclays reported a 33% drop in half-year profits to £2.6 billion after it took a £1 billion hit to cover compensation for customers who were mis-sold payment protection insurance.
The country's pensions system is in "urgent need" of improvement if millions of workers in private firms are to save enough for retirement, according to a new report released today.
1 August 2011
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