London Informer

For the sake of transparency the ‘for-profit’ company should declare its cut of each donation during the actual payment process. And maybe it should take a little less.

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Worrying economic data from both sides of the Atlantic saw banks drag London’s leading shares index into the red today.

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Once it was British Rail which used to lead the world in feeble excuses. Now Thames Water has tried to convince us that the deluge won’t end the hosepipe ban because it is the wrong time of year for rain.

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At a record price of £525,000, the buyer could buy three of Britain’s ‘average’ homes, which currently cost £160,000 each, for the same price, and still have £45,000 left over in change.

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With Britain back in recession, one leading economist predicts the Bank of England base rate could stay at a record low for another three years. But others expect rates to start  increasing from late next  year.

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The temperature was turned up at Drax as shares of the UK’s largest power station sparked 8.5p higher to 551.5p. Punters switched on to revived talk of a possible bid north of £7 a share.

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It made a £49million profit on its investments during the first three months of the year. But it said returns from shares had been eroded by low yields from corporate bonds.

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Banks led a rally on London’s leading shares index today after taxpayer-backed Lloyds Banking Group’s first quarter trading update cheered investors.

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Top stock-picking students posted gains of more than 20 per cent in three months in a national competition organised by the ifs School of Finance and sponsored by Financial Mail.

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Expedia promised to do better when we asked why it was delaying refunds a year ago, but This is Money’s inbox is still full of readers who have been left waiting – what is going on?

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Average house prices fell 0.6 per cent in March to £160,372, with properties in London and southern regions all falling but a surprising spike appearing in the North East.

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News report on the latest inter-bank lending rate (LIBOR) including recent history, predictions and the latest trend graph

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A flicker of life has been spotted in the property market by RICS, but will the spring and summer bounce arrive in 2012? We analyse the latest house price reports.

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Concerns over Spain’s economy and political tensions in Europe continue to limit progress on the markets.

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Researchers found that 2,112 businesses became insolvent in March, equal to 68 per day and nearly two-thirds were small firms employing between one and 50 staff.

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