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Finance jargon 'puts off customers'

Finance jargon 'puts off customers'

Banks and building societies are driving customers away by bombarding them with financial jargon, research carried out for Treasury-backed body NS&I has found.

Ukraine tensions affect US stocks

Ukraine tensions affect US stocks

The US stock market paused yesterday amid tensions over Ukraine, following four days of gains.

Co-op Bank loses 38,000 customers

Co-op Bank loses 38,000 customers

The Co-operative Bank suffered a customer exodus amid a "hurricane of negative publicity" as 38,000 current account holders left in the first half of 2014 following its near-collapse last year.

EDF pays £3m for complaint failings

EDF pays £3m for complaint failings

EDF Energy is the latest of the Big Six energy companies to pay out millions after an investigation by watchdog Ofgem found it had breached complaint handling rules.

'Capital flight risk' after a Yes

'Capital flight risk' after a Yes

Uncertainty over currency in an independent Scotland could lead to "capital flight" from the country, according to the chairman of HSBC.
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Vodafone and Astra rise on rumours

Vodafone and Astra rise on rumours

Vodafone and AstraZeneca were lifted by takeover chatter on a quiet day for the FTSE 100 Index today featuring little in the way of major economic or corporate data.
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Losses fall as cooker sales heat up

Losses fall as cooker sales heat up

Cast-iron cooker maker AGA Rangemaster said the appetite of British householders for buying kitchen appliances was growing despite uncertainties around interest rates and the mortgage market.
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Exchange owner in £1bn rights issue

Exchange owner in £1bn rights issue

The owner of the London Stock Exchange plans to raise almost £1 billion in a rights issue to help fund the acquisition of a US-based rival.
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Ukraine tensions affect US stocks

Ukraine tensions affect US stocks

More tensions in Ukraine have left the stock market slightly lower in quiet trading.
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Younger workers 'bear heavy burden'

Younger workers 'bear heavy burden'

Workers under the age of 30 have been hit by a real-terms drop in weekly wages of around 10% under the coalition, analysis released by Labour shows.
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