Isla Beale

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Premium Bond prizes will be cut from May, announces NS&I

<b>Savers will have a slimmer chance of winning some of the biggest Premium Bond prizes from May, says National Savings and Investments (NS&I).</b><p>The estimated number of tax-free £100,000 prizes each month will fall from three to two, and there will also be two fewer £25,000 prizes.<p>The reduction is part …

Finance

AA may have to raise prices because of tax increase

<b>The AA has warned that it may have to raise its prices because the government has doubled the tax rate on insurance policies in less than two years.</b><p>The breakdown service, which also reported a rise in personal memberships of 0.4% to 3,335,000 in the six months to the end of January, said it had so …

FTSE 100 - BBC News

Posted at 17:05<p>FTSE jumps<p>Posted at 11:40 27 Jul<p>Reckitt Benckiser tops FTSE 100 risers<p>Reuters<p>The FTSE 100 has extended gains and is now 0.54% ahead at 7,704.73.<p>Consumer products giant Reckitt Benckiser continues to lead the risers, with its share price up 7.4% at £67.84 after lifting its full-year …

UK market 'challenging', says New Look boss

<b>The chief executive of fashion retailer New Look has warned of a "challenging UK market" after his company suffered a 37.6% drop in pre-tax profits in the three months to Christmas.</b><p>Anders Kristiansen said "reduced footfall and a highly promotional environment on the high street" had contributed to …

Menswear

Bank of England sees inflation spreading beyond food and fuel

<b>The Bank of England says price rises already seen in food and fuel will spread to other goods later this year.</b><p>In a monthly report of business conditions, the Bank said the cost of manufactured goods would also rise.<p>Companies which made bets to mitigate against last year's drop in sterling will soon …

Bank of England