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September 24, 2014 - Latest:

Tesco shares tumble further on poor sales

Tesco shares tumble further on poor sales

Tesco’s accounting troubles saw its shares tumble further today to around half the price they were a year ago. Sales figures showed it was the worst-performing UK supermarket over the [...]

Mansion owners, tobacco firms and tax avoiders to pay for NHS boost, says Miliband

Mansion owners, tobacco firms and tax avoiders to pay for NHS boost, says Miliband

Labour leader Ed Miliband has announced plans to make mansion owners, hedge funds, tax avoiders and tobacco companies pay for extra resources in the NHS. Speaking at the Labour Party [...]

Best savings deals are closed to many

Best savings deals are closed to many

Millions of savers who are seeing their returns squeezed by rock bottom interest rates are now finding that many of the highest paying accounts are out of their grasp due [...]

Downsizers set to release £137bn over next five years

Downsizers set to release £137bn over next five years

Retirees are set to release nearly £137 billion from their properties by downsizing over the next five years, new figures reveal. Nearly 1.4 million people, representing 12% of the UK’s [...]

Barclays hit with £38m fine for putting clients’ cash at risk

Barclays hit with £38m fine for putting clients’ cash at risk

Barclays has been handed a record £38 million fine for failing to separate clients’ money from its own. Today’s penalty from the Financial Conduct Authority (FCA) follows a payout of [...]

Mortgage lending up 15% in August

Mortgage lending up 15% in August

New mortgage lending rose by 15 per cent  to £11.1 billion in August compared to a year earlier in a sign that the market is beginning to moderate and show [...]

Holidaymakers unfairly penalised by insurers for having a drink

Holidaymakers unfairly penalised by insurers for having a drink

Holidaymakers who have accidents after having only one or two drinks are being unfairly accused of “alcoholism” by insurers seeking to reject their claims, the Financial Ombudsman Service has warned. [...]

The Royal Mint launches bullion trading service

The Royal Mint launches bullion trading service

UK coin maker The Royal Mint has launched its very own online bullion trading service for retail investors. At Royalmintbullion.com individuals can buy gold and silver through the site which [...]

Brokers tip plastic packaging supplier RPC as a ‘buy’

It may not be the most recognisable name on the stockmarket but brokers are tipping plastic packaging supplier RPC as a company to watch. The FTSE 250 listed firm, which [...]

UK retail sales edge up in August – helped by a dash for vacuum cleaners

UK retail sales volumes firmed by a solid if uninspired 0.4% month-on-month in August having been flat in July and edged up 0.1% in June official figures show. While last [...]

Retail investors should be wary of Alibaba hype if they have missed out on the ‘IPO pop’

Chris Beauchamp, Market Strategist at IG Group, discusses what to look out for in Alibaba’s upcoming IPO:  Alibaba’s IPO is finally upon us, and the hype and enthusiasm is still [...]

Asos shares fall further on profit warning

Shares in the online fashion retailer ASOS have fallen by 8.6 per cent today as the company posted a profit warning. It closed at 2,214p this afternoon after earlier warning [...]

Twenty-somethings admit to costly financial mistakes

Three quarters of adults in their twenties have made financial mistakes that have ended up costing them for years to come. A new study from the Government-backed Money Advice Service [...]

A third of Brits plan to stay invested in retirement

Around a third of UK adults are planning to use the stockmarket to help them outstrip inflation and manage the rising cost of living in retirement. New research from retirement [...]

Just one week left to save the union

With one week to go today Azad Zangana, European economist at fund manager Schroders gives his latest economic insight into the Scottish Referendum… On the 18th of September, Scotland will decide [...]

Skipton launches new fixed rate bonds and Isas

Skipton Building Society has launched a new range of fixed rate Isas and bonds with rates increasing by up to 0.25%. The two year fixed rate Isa rises to 2.00% [...]

The investment impact of more sanctions on Russia

Jan Dehn, Head of Research at Ashmore discusses the situation on the ground in Ukraine and his view of the impact of more sanctions on Russia below. Pro-Russian separatist rebels [...]

Sterling steals ugly stick from single currency

Alex Plester, a senior foreign exchange broker with City firm VFX Financial plc, examines the turbulent events in the currency markets as polls show a surge of support for Scottish [...]

Struggling households sell possessions to survive

One in ten households have resorted to selling their possessions in a bid to meet their housing costs, new figures from the housing charity Shelter reveal. Over three million households [...]

‘Euro sinks, dollar surges with sterling somewhere in the middle’

Alex Plester, a senior foreign exchange broker with VFX Financial, takes a look at the big developments in the currency markets last week. Last week’s events have seen currency markets [...]

ECB rate cut and asset buying programme – analysts’ views

Expert views on the European Central Bank moves on interest rates and the asset buying programme Interest cut will have limited impact Schroders European Economist Azad Zangana, and Fixed Income [...]

Critical illness cover extended to maximum 40 years by insurer Zurich to take account of longer mortgage terms

Insurer Zurich has increased the maximum term for its critical illness cover from 30 to 40 years to take account of customers with longer mortgages and better reflect changing retirement [...]

Should investors be shifting their portfolios because of the global political crises?

Kleinwort Benson’s chief investment officer Mouhammed Choukeir asks whether investors should be adjusting their portfolios to cope with global political risks. He notes that historic crises – even those as [...]

Better days ahead for Europe’s banking sector?

Justin Bisseker, European banks analyst, at fund manager Schroders discusses a significant autumn of developments in the European banking sector, which should be beneficial for the sector and the broader [...]

A year on from Fed tapering, emerging markets have proved their resilience unlike their developed market peers

Jan Dehn, head of research at Ashmore discusses the resilience of emerging markets and why developed markets are sustained by deliberate policies of asset price inflation instead of reforms below. [...]

A quarter of Brits have turned down wedding invite due to costs

A quarter of Brits have had to turn down an invitation to a wedding because of the cost of attending. The cost of stag and hen parties, travel to the [...]

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