Brits Can Switch Banks In A Week From Next Month

Virtually all banks and building societies have agreed to slash the time needed to transfer current accounts between providers from next month, it has been confirmed. Customers will be able to move their accounts within seven days, drastically cutting...

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'Flash For Cash' Car Crash Scam Warning

Motorists have been warned about a new car accident insurance scam, which has been dubbed "flash for cash". The latest tactic sees cars lying in wait for innocent victims at exits from shops, car parks or fuel stations. Fraudsters flash their headlights,...

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Zara Co-Founder Rosalia Mera Dies From Stroke

The co-founder of fashion chain Zara, Rosalia Mera, one of the richest women in the world, has died after suffering a stroke on holiday. Ms Mera, 69, fell ill while on holiday in the Balearic island of Menorca. She was transferred to the private San...

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Online Gambling Firms To Pay 15% Tax In UK

Online betting companies based in offshore havens to sidestep Britain's gambling taxes will be hit with a new levy that may raise £300m for the taxpayer. The Government is to impose a 15% tax rate on operators in the £2bn remote gambling market. The...

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The Sky News Business Round-Up And Look Ahead

Sky's Naomi Kerbel offers a look ahead to what's coming up in the week's business news. :: Monday August 19 Leading UK housebuilder Bovis Homes reports interim results on Monday. The housing sector has been buoyed by the government's Help To Buy mortgage...

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Fashion Designer Joins Anti-Fracking Protests

By Tom Parmenter, Sky News Correspondent, Balcombe Fashion designer Vivienne Westwood has joined the growing anti-fracking protest camp in West Sussex. Hundreds of extra demonstrators from all over the UK have arrived to camp outside the controversial...

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City Investors Bank On £55m RBS Branch Payout

By Mark Kleinman, City Editor A consortium of City investors vying to buy 315 branches from Royal Bank of Scotland is in line to receive £55m in annual interest payments from the state-backed lender - even before they complete a deal. Under the...

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Mortgages 'Most Affordable For 14 Years'

By Nick Martin, News Correspondent Mortgages are more affordable now than at any time in the past 14 years, according to the latest figures. Monthly payments now account for 27% of a new borrower's income in the second quarter of 2013, well below...

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A £350m Donation To Nation That Can't Be Used

An unspent donation made to the Government 85 years ago, which is now worth £350m, cannot be touched because it won't fulfil conditions of its use - paying off the national debt. The anonymous donation of £500,000 was made in 1928 and established a...

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Swedes Plot £1bn Swoop For UK Manufacturer

By Mark Kleinman, City Editor Another slice of Britain's industrial base is poised to fall into European hands with a near-£1bn takeover of Edwards Group, a Sussex-headquartered high-tech manufacturer. Sky News can reveal that Edwards, which is...

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