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October 2, 2014 - Latest:

Experts say switch your energy tariff now to feel the benefits in chilly November

Experts say switch your energy tariff now to feel the benefits in chilly November

It has been a long, warm summer – way better than we could have hoped for and September has been mercifully benign on the weather front. But the days of [...]

Is a sustained market correction on the way?

Is a sustained market correction on the way?

Darius McDermott, managing director at fund broker Chelsea Financial Services looks at the current market backdrop and assesses whether or not it is time to batten down the hatches… In [...]

Wonga to write-off debts for 330,000 customers

Wonga to write-off debts for 330,000 customers

Payday lender Wonga is writing off debts, reportedly totalling £220,000, of 330,000 customers who are in arrears of 30 days or more writes Philip Scott. In addition, another 45,000 borrowers [...]

Bank of England to be granted further powers over property market

Bank of England to be granted further powers over property market

The Bank of England’s Financial Policy Committee (FPC) is set to have its powers extended to allow it to take further measures to avoid another property boom and bust scenario [...]

Challenger bank Virgin Money announces IPO but private investors are excluded from sale

Challenger bank Virgin Money announces IPO but private investors are excluded from sale

Challenger bank Virgin Money has today announced plans to float on the London Stock Exchange but private investors will be excluded from the sale writes Philip Scott. In a statement, [...]

More than half of UK mortgage holders are unprepared for a hike in interest rates

More than half of UK mortgage holders are unprepared for a hike in interest rates

More than 50% of UK homeowners are in for a financial shock when interest rates inevitably rise according to new research from the Money Advice Service writes Philip Scott. The [...]

Cameron pledges to cut tax for “30 million people”

Tories promise to take more people out of 40p tax band and increase personal allowance to £12,500

Cameron pledges to cut tax for “30 million people”

David Cameron has promised to cut tax for thirty million people if the Conservatives win next year’s election. In his Conservative Party conference speech, the Prime Minister said he would [...]

Customers urged to switch supplier as fixed energy deals end

Customers urged to switch supplier as fixed energy deals end

Households have been urged to check their energy bills as 12 fixed-rate tariffs are expiring at the end of the month, adding up to £205 to the cost of annual [...]

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 [...]

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 [...]

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