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UK inflation hits 0.2% but rate rise unlikely

UK inflation rose 0.2 per cent in the year to December, the first time the figure has exceeded 0.1 per cent since January 2015. However, inflation remains significantly below the Bank of England’s target of 2 per cent and experts say an interest rate rise is unlikely in the short-term. AJ Bell investment director Russ […]

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Challenger bank eyes RBS spin-off Williams & Glyn

Challenger bank Secure Trust is weighing up a bid for Royal Bank of Scotland arm Williams & Glyn, according to City AM. Santander and BBVA are also tipped to bid for Williams & Glyn, which has 300 UK branches. RBS must sell Williams & Glyn by the end of 2017 under the conditions of its […]

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Falling subscriptions push Apfa to £30k loss

Falling subscriptions fees from associate members pushed Apfa from profit to a deficit of £30,000 in the year to June 2015. The trade body’s audited annual report shows it made a £30,080 loss compared to pre-tax profits of £29,253 over the same period in 2014. Turnover also fell, from £797,842 in the year to June […]

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