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The latest news from the finance industry.

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Dec 5 The tax man cometh for the buy-to-let evaders

In the past four months the Revenue has launched 7,371 informal investigations into buy-to-let landlords whom it thinks may have underpaid tax.

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Dec 4 Woolworths to slash prices up to 50% on Friday

Woolworths' administrators say the group will slash prices by as much as 50% on Friday.

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Dec 4 Thursday Closing Market: FTSE dips as BoE action fails to cheer

UK blue chips end lower as widely expected rate cut fails to boost markets.

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Dec 4 Morrisons deal for Co-op stores is 'reasonably priced' says top investor

Fund manager says takeover deal fits with group's strategy and praises 'very good' performance.

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Dec 4 Pound still weaker after hitting new low

Sterling falls to new low against the euro before biggest ever Eurozone rate cut helps it recover some ground.

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Dec 4 Lloyds cuts savings rate, others have yet to make a decision

While the Bank of England continues to cut rates to stimulate the economy, the banks are mostly yet to decide whether to follow suit.

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Dec 4 ECB joins recession battle in 0.75% rate cut

The European Central Bank (ECB) has cut interest rates by 75 basis in a move which represents the biggest cut in its history.

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Dec 4 Thursday Midday Market: FTSE off highs after BoE cuts rates

UK markets moved off highs in lunchtime deals as the Bank of England's 100 basis point rate cut had been widely expected.  

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Dec 4 What about the savers?

While much will be made of today's interest rate cut and whether it will be passed on in full to mortgage borrowers, little is said about the many millions more savers.

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Dec 4 Interest rates cut to 2%

The Bank of England has cut the base rate by 100 basis points to 2%, its lowest-ever level since the Bank was founded in 1694.

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