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November 27, 2014 - Latest:

Millions overcharged by faulty pre-pay gas meters

Millions overcharged by faulty pre-pay gas meters

Millions of customers have been overcharged by energy companies because of faulty gas meters, an industry body has admitted. Energy UK said that up to 1.5 million gas pre-payment meters [...]

Is Stamp Duty reform on the cards? Hargreaves Lansdown’s predictions for Autumn Statement

Is Stamp Duty reform on the cards? Hargreaves Lansdown’s predictions for Autumn Statement

A clue in the wording on HM Revenue & Customs website could suggest the Chancellor is planning reforms to Stamp Duty in next week’s Autumn Statement, Hargreaves Lansdown suggests. In [...]

Surprise dip in business investment but consumer spending remains strong

Surprise dip in business investment but consumer spending remains strong

UK Business investment dropped unexpectedly in the third quarter of the year,  but consumer spending held up, official figures show. Business investment was 0.7% lower in the three months to [...]

Warning about council tax scammers

Warning about council tax scammers

A Government agency has warned against  scams by companies offering to challenge your council tax band. The Valuation Office Agency (VOA)  said it can be contacted to check or query [...]

UK interest rates should rise next year, says OECD

UK interest rates should rise next year, says OECD

The Bank of England should put up interest rates in mid-2015 in order to keep the UK economy in check, the Organisation for Economic Co-operation and Development (OECD) has urged. [...]

Ballooning sovereign debt threatens global recovery, Standard Life warns

Ballooning sovereign debt threatens global recovery, Standard Life warns

Developed market economies are still vulnerable to an economic shock unless more is done to boost growth and reduce debt, Standard Life Investments has warned. Sovereign debt in the developed [...]

Mortgage approvals drop 16% to lowest in 17 months

Mortgage approvals drop 16% to lowest in 17 months

The number of mortgages approved by banks has dropped by 16% to the lowest level for 17 months, providing further evidence of a cooling property market. The British Bankers’ Association [...]

Brighton is the gazumping capital

Brighton is the gazumping capital

Brighton has become the gazumping capital of Britain as 35% of people surveyed said they have been a victim of this frowned-on practice in the past. This figure compares to [...]

Axa Wealth to remove regular charges on platform in response to pension changes

Axa Wealth is set to it remove the regular charges on both its Pension Investment Account and drawdown services available via the Elevate platform. The charges will be removed for [...]

Schroders to launch fund for retirees using new pension freedoms

Schroders is launching a global multi-asset income fund  targeting investors who plan to take advantage of the new pension freedoms being granted by the Government and who are seeking an [...]

Business lobby, the CBI, calls on Chancellor to focus more on infrastructure investment

Business lobby, the Confederation of British Industry (CBI) is calling on the Chancellor George Osborne in his Autumn Statement to focus on infrastructure investment, encouraging innovation and removing barriers to [...]

Brokers backing Prudential following strong market update

Given Prudential’s latest market update, brokers at The Share Centre are optimistic on the outlook for the life insurance giant and are tipping it as a ‘buy’. Following a strong [...]

Capricorns are most likely to buy a new car

Dealers looking to increase their new car sales in next year may well want to open their sales pitch by checking when customers celebrate their birthday. A recent survey by [...]

Gross mortgage lending jumps 8% year-on-year in October

Gross mortgage lending jumped 8% on an annual basis to reach £19bn in October according to the latest estimates from the Council of Mortgage Lenders (CML). The trade body’s latest [...]

Generalist VCTs dominate as trade body publishes the top 20 performers of the last decade

The Association of Investment Companies has published the statistics for the top 20 performing Venture Capital Trusts in the last ten years. The top 20 performers have paid out average [...]

Japan and Korea offer insight into the future‏ – comment from Ashmore

Jan Dehn, head of research at Ashmore discusses why taking a look at Japan and Korea could help form a view about the future, with both countries offering great insight [...]

Britons set to splash more than £17bn on Christmas cheer

British festive expenditure is set to top £17bn this year with Britons expected to splash out an average of £383 per person claims new research from MoneySuperMarket. The comparison site [...]

A third of young drivers happy to lie if it means a cheaper deal on car insurance

A third of young drivers are happy to lie if it means getting a cheaper deal on their car insurance. Research from switching site, found that 33% of UK [...]

The reorganisation of Royal Mail continues with asset stripping high on the agenda, but will staff be next?

Alastair McCaig, market commentator at IG Group discusses the outlook for Royal Mail ahead of its results on this week… On Wednesday 19 November, ahead of a busy Christmas period, [...]

The launch of China’s Stock Connect scheme – expert reactions

Today marks the opening of the first trading link between Shanghai and Hong Kong. The scheme dubbed, Stock Connect, gives China the ability to open up its equity capital market [...]

Government extending 24-hour visa service to attract more business to Britain

Downing Street has today unveiled plans to extend its 24-hour visa service in a bid to attract more investment in the UK. As the Prime Minister David Cameron arrives in [...]

Bank of England Inflation Report: “A cautious outlook”

Schroders European economist, Azad Zangana, comments on this week’s Bank of England Inflation Report… Bank of England (BoE) Governor Mark Carney delivered a cautious outlook when presenting the November Inflation Report [...]

The Money Taboo: Millions are stressed but talking about finances remains off limits

A massive 41% of Britons admit that money problems remain one of their biggest stresses yet nearly half, at 46%, refuse to talk about their woes according to new research [...]

Five reasons why it may be time to scoop up US high yield bonds

A leading US bond fund manager says it may be time to snap up high yield bonds after a period of painful repricing. Western Asset, an affiliate of giant US [...]

Unpaid carers over-50 number 3.6 million

There are more than 3.6 million over-50s caring for relatives and loved ones without pay, a study by Saga has revealed. Unpaid carers save the taxpayer millions every month and [...]

Invesco Perpetual’s Mark Barnett: “Opportunities and risks in the UK market”

With the British economy having improved over the past 12 months, Mark Barnett, head of UK equities at Invesco Perpetual looks at whether that rate of improvement can be maintained… [...]

Cheap oil: The impact on the economy and markets

The price of oil has dropped sharply in the last month as lukewarm global growth has reduced demand expectations even as supply remains steady. Erik Knutzen, chief investment officer, multi-asset [...]

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