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October 23, 2014 - Latest:

Mortgage approvals drop to 14-month low in September as market eases further

Mortgage approvals drop to 14-month low in September as market eases further

Mortgage approvals dropped back for the third month running to a 14-month low in September further fuelling evidence of a slowdown across the UK’s property market. According to the latest [...]

Pensioners could be hit with 45% tax charge shock when new freedoms kick-in

Pensioners could be hit with 45% tax charge shock when new freedoms kick-in

Retirees withdrawing even very small amounts from their pension next April could find that they are hit with the highest rate of income tax according to analysis of draft guidance [...]

Tesco chairman steps down as group confirms it actually overestimated its half year profits by £263m

Tesco chairman steps down as group confirms it actually overestimated its half year profits by £263m

Shares in troubled supermarket giant Tesco have fallen sharply in early morning trading as the embattled retailer confirmed that it actually overestimated its half year-profits by £263m – £13m more [...]

GSK is a “buy”, but pharmaceuticals still under pressure says Share Centre

GSK is a “buy”, but pharmaceuticals still under pressure says Share Centre

The Share Centre has recommended GlaxoSmithKline as a “buy”,  although the pharmaceuticals sector as a whole sees profits and revenues under pressure. Graham Spooner, investment research analyst at The Share [...]

Car insurance premiums start to rise as fake whiplash claims continue to plague insurers

Car insurance premiums start to rise as fake whiplash claims continue to plague insurers

The cost of car insurance has once again started to rise after more than a year of falling premiums, as whiplash claims remain high. In the three months to the [...]

Pound falls on Bank of England minutes

Pound falls on Bank of England minutes

The pound has fallen as the Bank of England’s Monetary Policy Committee (MPC) minutes revealed that the majority of members were against raising interest rates in their latest meeting. MPC [...]

Lenders cut mortgage rates to record lows

Lenders cut mortgage rates to record lows

Nationwide Building Society will tomorrow launch its lowest ever two-year fixed rate mortgage at 1.74% for existing home loan customers and 1.74% for new borrowers. The deal requires a 40% [...]

Disappointment as Government’s Pensioner Bonds will not pay monthly income

Disappointment as Government’s Pensioner Bonds will not pay monthly income

Older savers looking forward to the launch of the Government’s Pensioner Bonds in January have learnt that it will not provide a monthly income. The Chancellor announced the launch of [...]

Lloyds expected to axe 9,000 jobs over the coming three years as part of strategic review

Lloyds Banking Group is reportedly planning to axe some 9,000 jobs – around 10% of its entire workforce over the coming three years. According to BBC News, details of the [...]

Are bank stocks the new utilities?

The aftermath of the financial crisis has witnessed Britain’s banks evolve to become more like utilities, characterised by low growth and more consistent returns on capital, claims wealth manager Brewin [...]

Is gold starting to shine once again?

Martin Arnold, director of global FX & commodity strategist at ETF Securities comments on the upcoming Swiss Referendum explains how it could impact the gold price… Gold is recovering alongside [...]

Address inconsistencies cause chaos for borrowers

Addresses that are not listed on online forms are wreaking havoc for thousands of consumers who want to borrow money, but do not have an accurate credit report. A new [...]

Is small cap M&A about to take off asks AXA IM

Henry Lowson, manager of the AXA Framlington UK Smaller Companies fund, outlines why he believes the stage is set for small caps to flourish below. M&A trickling down the market [...]

Burberry still a buy underpinned by Asian middle class says the Share Centre

The Share Centre says it backs Burberry as a buy despite some economic headwinds facing Europe. Investment research analyst Helal Miah says: “Burberry reported first half numbers which were in-line [...]

Yet another emerging market sell-off due to faltering US growth despite strong EM fundamentals

Jan Dehn, Head of Research at Ashmore discusses Emerging Markets asset prices and currencies, which have been buffeted by the shifting sentiments about the US, Europe and Japan, although, he [...]

Inmarsat tipped by the Share Centre

The Share Centre has picked Inmarsat as its share of the week. Investment research manager Sheridan Admans says that the global provider of mobile satellite communications services showed in its [...]

Fed begins to worry about the rest of the world

Keith Wade, chief economist at Schroders, comments on the September Federal Open Market Committee meeting minutes released on Wednesday… The minutes of the September Federal Open Market Committee meeting took a [...]

The Share Centre suggests five UK stocks that should do well this winter

A leading stock broker has compiled a list of what it is calling its winter stock picks. Ian Forrest, investment research analyst at The Share Centre, has compiled a list [...]

Pensioners are the UK’s savviest and ‘switchiest’ savers

New research commissioned by Gocompare.com Savings has found that when it comes to looking after their nest eggs, the UK’s over 65s are leading the pack. Researchers asked over 2,000 [...]

European Central Bank latest: Draghi disappoints

In its latest policy meeting the European Central Bank, as expected, kept interest rates unchanged but it announced operational details about its bonds purchase programmes. Azad Zangana, European economist at [...]

US bank stress tests to “lose importance” to investors…

Simon Laing, head of US equities at Invesco Perpetual, looks at how much benefit banks will get from rate rises and how much capital can be returned to shareholders… It’s [...]

DVLA website crashes as motorists try and renew car tax

Thousands of motorists were unable to renew their car tax earlier today as the DVLA website crashed under the new system which has scrapped paper discs. The BBC reported that [...]

Free iPad with your mortgage? Borrowers warned to look past gimmicks when choosing a home loan

Lloyds Bank is attempting to win new customers by offering a free iPad Mini to first-time buyers and home movers who take one of its mortgages. The bank is offering [...]

Parents look to royalty when it comes to kitting out their newborns

While mums and dads always want the best for their children, new figures released today show how far such aspirations reach with almost half of saying they have been influenced [...]

Three stock picks from F&C European Small Cap manager Sam Cosh

Sam Cosh, manager of the F&C European Small Cap Fund highlights three stocks he is currently finding attractive Profiting from pints The recent Scottish referendum has highlighted the strong patriotism [...]

Following the success of Alibaba’s listing‏, what’s next for IPOs?

Tom Stevenson, investment director at Fidelity Personal Investing, looks at the possibility of a surge in IPOs following the success of Alibaba’s listing… Bankers who sat on their hands during [...]

First time switchers could cut energy bills by a quarter

Britons could cut bills by a quarter by switching for the first time with households losing out by £323 a year by remaining with traditional energy supplier according to calculations [...]

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