US home sales in record July slump

San Francisco housing. Sales of previously owned homes fell to a 15 year low in July Photograph: ISOPRESS/REX FEATURES Fears intensified today that the US was heading for a double dip recession after figures showed home sales slumped twice as fast as expected last month to a 15-year low. The... 

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Zurich Insurance fined £2m for losing customer details

The FSA says Zurich Insurance’s data loss could have put customers at risk of burglary. Photograph: Stone/Getty Images The Financial Services Authority has fined the UK division of Zurich Insurance more than £2m for failing to prevent the loss of customers’ confidential information. The... 

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Inflation dips but low credit interest continues to erode savings

Higher-rate taxpayers need to find an account paying at least 5.17% to help protect the value of their savings Inflation fell marginally in July, but savers are still struggling to find savings accounts that will protect their money from being eroded, leading to warnings that life for families... 

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Apple Engineer Warned About iPhone 4 Issue

AP Photo/Kiichiro Sato Piotr Kubiak of Oakland, Ill., shows off his new iPhone 4, right, next to his old iPhone outside of an Apple store Thursday, June 24, 2010, in Chicago. A senior engineer at Apple raised concerns that the design of the iPhone 4′s antenna could lead to signal problems long before... 

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George Osborne denies welfare dispute

George Osborne described the welfare bill as ‘completely out of control’. Photograph: Anthony Devlin/PA George Osborne today played down suggestions he is embroiled in a tense dispute with cabinet colleague Iain Duncan Smith, amid reports that the Treasury is demanding big savings... 

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