PPI payouts are a ‘bit of a lottery’
Craig TaylorPeople who were mis-sold payment protection insurance (PPI) can receive widely differing compensation, a BBC investigation has found. BBC News – Business
Business
UK rates may rise at ‘turn of year’
Bank of England governor Mark Carney indicates that UK interest rates could rise “at the turn of this year”. BBC News – Business
UK unemployment total up by 15,000
UK unemployment rose for the first time in more than two years in the March-to-May period, according to the latest official figures. BBC News – Business
PM in bid to eliminate gender pay gap
David Cameron is to press ahead with plans to force large firms to publish data on the gender pay gap among staff, saying he wants to eliminate the problem “within a generation”. BBC News – Business
US rates ‘set for rise this year’
Federal Reserve chairwoman Janet Yellen repeats her view that the central bank is likely to start raising interest rates this year. BBC News – Business
Greece hopes give boost to US markets
Wall Street closes up, buoyed by fresh hopes that Greece will agree a new bailout deal with its creditors. BBC News – Business