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Cancer charity loses out as bank ends credit card deal |
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Halifax and Bank of Scotland charity credit cards will be withdrawn from the end of February.
Lloyds Banking Group which manages the card schemes says they are no longer a cost-effective way of donating to charity.
In 2009 the cards raised around £1.1m for Cancer Research UK, the NSPCC and the Scottish SPCA.
The charities say they are disappointed with the decision, but hope to explore other opportunities with the bank.
The Cancer Research UK donation credit card was launched 23 years ago in 1988 and the NSPCC card was first issued 17 years ago.
The Scottish SPCA card has been available for 15 years.
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CBI says retail sales fell in January |
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Retail sales fell in January as shoppers reined in their spending at the start of the year, the CBI says.
Its monthly survey of the distributive trades found 44% of retailers said sales volumes were down on a year ago.
With 22% saying they had seen sales rise in January, there was a negative balance of 22% of retailers, the lowest since March 2009.
Retailers expect sales volumes to continue to fall in February, albeit it at a slower pace than this month.
They reported January sales as disappointing for the time of year.
Hardware and DIY stores gave the gloomiest report among the retail sector, with online and mail-order faring the best.
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UK house sales down 11% in 2011 |
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UK house sales fell 11% last year to 869,000, one of the lowest totals on record, HM Revenue & Customs has said.
It means the property market has been in a three-year slump, with sales roughly half the levels recorded in the run up to the banking crisis in 2007.
Sales have been depressed by a combination of mortgage rationing by lenders, and rising unemployment.
The record low was in 2009, when just 848,000 homes were sold, the fewest since modern records began in 1978.
The Council of Mortgage Lenders (CML) has predicted that total lending, to both buyers and people remortgaging, will fall again this year, which suggests that sales may fall further.
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Peacocks administrators KPMG 'look for buyer' for clothing chain |
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Administrators for Peacocks say they are looking for a buyer for the clothing retailer.
A total of 249 staff, almost half the head office workforce in Cardiff, were made redundant on Thursday.
It has also been announced that vouchers for the store are no longer being accepted to pay for goods.
KPMG confirmed it would retain the remaining 266 employees at the Cardiff office and continue to run Peacocks' stores as it seeks a buyer.
The administrators said they were using all their contacts in the retail industry to try to find a buyer for the firm, which employs 9,000.
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UK retail sales rise 0.6% in December |
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UK retail sales volumes rose by 0.6% in December, official figures show, after heavy discounting by stores.
The Office for National Statistics (ONS) also said that sales rose by 2.6% over the year to December.
The sales figure for November was revised down to show a fall of 0.5%, rather than the 0.4% originally estimated.
Retailers, including Marks and Spencer, have said that they marked prices down sharply in the run-up to Christmas.
The increase in sales volumes was largely driven by clothing and footwear sales, which rose 1.8% on the year.
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