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Rise in Olympics job vacancies

Thousands of jobs are being created for the London Olympics The number of Olympics-related jobs being advertised has increased significantly in recent weeks, with vacancies for work ranging from security to catering.

Adecco, the official recruiter for the London Games this summer, said there had also been a big rise in the number of jobseekers applying for the posts.

Mothers 'forced into low pay jobs'

A study found 44 per cent of mothers who go back to work part-time feel they were forced to take lower skilled jobs Mothers returning to work part-time after having children are being forced to take lower skilled jobs, new research suggests.

A study found that 44% of British mothers who go back to work part-time feel as though they were forced to take lower skilled jobs than they would have if they worked full-time.

Campaign targets tax cheat builders

The taxman is targeting builders and other construction workers in a crackdown Tax cheats working in the building and construction industries will be targeted in a new crackdown this year.

HM Revenue and Customs (HMRC) said the clampdown will put several hundred thousand tradespeople under the spotlight, such as roofers, window fitters, bricklayers, carpenters and joiners.

Further QE 'bad news' for retirees

Annuity rates are expected to be hit by further quantitative easing this year, experts have predicted Further quantitative easing (QE) is likely to spell bad news for people set to retire this year, analysts have warned.

Those planning to buy an annuity, which sets the size of their pension for life, were advised to "get on with it", with downward pressures on rates expected to continue in 2012.

Bank set to add £50bn economy boost

The Bank of England is expected to launch a new round of quantative easing and keep interest rates on hold The Bank of England is expected to unleash another multi-billion round of emergency support for the UK economy on Thursday despite signs that the UK's financial health may be starting to improve.

The Bank's Monetary Policy Committee (MPC) is forecast to increase its quantitative easing (QE) programme by £50 billion to £325 billion in a bid to stave off a recession, while it will also hold interest rates at record lows of 0.5%.

HomeServe cuts amid slow recovery

HomeServe, which insured three million homeowners in the UK last year, is to cut its workforce by 200 HomeServe is to cut 200 jobs after admitting it was taking longer than expected to recover from accusations that it mis-sold policies.

The firm, which last year insured three million people in the UK against burst pipes, broken down boilers and electrical problems, stopped making outbound sales calls in October and retrained staff after a review into whether its pricing policies were clear.

Pledge to clear benefit backlog

A backlog of new incapacity benefit claims has occurred because of changes to the way cases are assessed, it has been stated The Government has pledged to clear a backlog of cases involving claims for incapacity benefit payments after admitting that new claims had fallen behind.

Employment Minister Chris Grayling said the backlog was temporary and would be cleared by the French firm dealing with the cases.

RBS boss 'underestimated' bonus row

Stephen Hester said he considered resigning over the controversy surrounding his one million pound bonus Royal Bank of Scotland boss Stephen Hester has admitted he had "underestimated" the furore his £1 million bonus would cause.

Mr Hester, chief executive of the 83% state-owned bank, disclosed that he had considered resigning amid the political storm. But he said he believed it was essential to defuse the "timebomb" of the bank's balance sheet for the benefit of the taxpayer.

Lloyds TSB launches Junior Isa deal

Junior Isas have been hailed as having the potential to be the most successful children's savings scheme of all time Competition in the Junior Isa market has increased as Lloyds TSB announced a new deal and urged the Government to open up the accounts to parents who already hold Child Trust Funds (CTFs).

Lloyds TSB is one of the best-known names yet to launch such an account, and its Junior Cash Isa will be available from February 13 at a tax-free flat rate of 3% AER.

Britons 'compulsive bank checkers'

Many people know their bank balance to the nearest five pounds thanks to internet banking, research suggests Nearly four in 10 people know the balance of their current account to the nearest £5, as the squeeze on finances and the rise in internet banking has bred a "generation of compulsive bank balance checkers", research has found.

People become cash-strapped 17 days after payday on average, but one in 10 consumers said their finances come under pressure within a week of receiving their monthly salary, Halifax's survey said.