Voices

As the retirement age advances, workers are more likely to switch profession

Salesmen go after Widows

Widowswindfall adds to siege of mutuals

Christmas has come early for members of Scottish Widows. Following last week's overwhelming vote in favour of a takeover by Lloyds TSB, the insurer will be paying out windfalls next June worth an average of pounds 5,600 to 1.6 million investors

Scottish Widows vote for pounds 5,600 Lloyds windfall

SCOTTISH WIDOWS members have voted overwhelmingly in favour of a takeover by Lloyds TSB, triggering bumper windfalls for 1.6 million policyholders.

Standard Life joins `red chip' in HK venture

STANDARD LIFE, the Edinburgh-based mutual life insurer, is preparing to move into the Hong Kong life and pensions market through a joint venture with China Everbright, one of China's leading companies .

The Player: Banking on people to win

PERSONAL DETAILS: Aged 56. Lives in London during the week and Northamptonshire at weekends. Drives a BMW 7-Series. Outside work, his interests include music and theatre. He has played the violin since school and is a non-executive director of the Royal Philharmonic Orchestra and a trustee of the Royal Theatre, Northampton. Mr Ellwood was paid a total of pounds 739,000 in 1998, including a salary of pounds 475,000.

Lloyds TSB restructures as e-commerce tops the agenda

LLOYDS TSB, Britain's largest high-street bank, is to cut the number of its operating divisions from five to two in a reshuffle of top management designed to give greater emphasis to developing e-commerce throughout the group.

Personal finance: Can CATs get the cream?

Regulators want to promote the kitemark on domestic ISAs, but unmarked ones can give a better return, writes Paul Slade

Market report: Huge Unichem trade gives dealers a merger headache

THE CHEMISTS' group Alliance Unichem was nursing a bit of a hangover yesterday as a large broker attempted to sell a chunk of shares.

Standard Life staff shun pounds 50,000 bonuses to join Halifax Net bank

STAFF AT Standard Life Bank are shunning loyalty bonuses of up to pounds 50,000 being offered in an attempt prevent them been poached by Halifax's new Internet-based bank being set up near Edinburgh.

Widows investors lose out on windfall

THOUSANDS of Scottish Widows investors who took out with-profit policies earlier this year have discovered they will not receive the windfalls they expected.

`Scottish Widows has come up with a fiendishly complex payout plan'

ANOTHER WEEK, another windfall. Hard on the heels of the Bradford & Bingley's payout plan for its demutualisation come the proposals from Scottish Widows on how to compensate its 1.6 million members when it sells up to Lloyds TSB.

Scottish Widows cuts windfalls by pounds 300 for 1m policyholders

WINDFALLS FOR almost a million Scottish Widows policyholders will be cut by an average of pounds 300 because of a shortfall in assets needed to back existing policies.
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Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone
Amazon is buying Twitch for £600m - but why do people want to watch others playing Xbox?

What is the appeal of Twitch?

Amazon is buying the video-game-themed online streaming site for £600m - but why do people want to watch others playing Xbox?
Tip-tapping typewriters, ripe pongs and slides in the office: Bosses are inventing surprising ways of making us work harder

How bosses are making us work harder

As it is revealed that one newspaper office pumps out the sound of typewriters to increase productivity, Gillian Orr explores the other devices designed to motivate staff
Manufacturers are struggling to keep up with the resurgence in vinyl records

Hard pressed: Resurgence in vinyl records

As the resurgence in vinyl records continues, manufacturers and their outdated machinery are struggling to keep up with the demand
Tony Jordan: 'I turned down the chance to research Charles Dickens for a TV series nine times ... then I found a kindred spirit'

A tale of two writers

Offered the chance to research Charles Dickens for a TV series, Tony Jordan turned it down. Nine times. The man behind EastEnders and Life on Mars didn’t feel right for the job. Finally, he gave in - and found an unexpected kindred spirit
Could a later start to the school day be the most useful educational reform of all?

Should pupils get a lie in?

Doctors want a later start to the school day so that pupils can sleep later. Not because teenagers are lazy, explains Simon Usborne - it's all down to their circadian rhythms
Prepare for Jewish jokes – as Jewish comedians get their own festival

Prepare for Jewish jokes...

... as Jewish comedians get their own festival
SJ Watson: 'I still can't quite believe that Before I Go to Sleep started in my head'

A dream come true for SJ Watson

Watson was working part time in the NHS when his debut novel, Before I Go to Sleep, became a bestseller. Now it's a Hollywood movie, too. Here he recalls the whirlwind journey from children’s ward to A-list film set
10 best cycling bags for commuters

10 best cycling bags for commuters

Gear up for next week’s National Cycle to Work day with one of these practical backpacks and messenger bags
Paul Scholes: Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United

Paul Scholes column

Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?