Skip to Content

July 24, 2014 - Latest:

British savers duped into bogus pension schemes to the tune of £495m

British savers duped into bogus pension schemes to the tune of £495m

Britons saving for their retirement are being urgently warned to avoid falling victim to pension scams. According to the Pensions Regulator, the amount of funds paid into hoax pension schemes [...]

Consumer group Which? shines a light on insurers’ “sneaky charges”

Consumer group Which? shines a light on insurers’ “sneaky charges”

Consumer campaign group Which? has launched a campaign aimed at clamping down on financial firms that trick people with sneaky fees. With its Stop Sneaky Fees and Charges campaign, Which? is calling [...]

The UK’s economic recovery loses some traction as retail sales disappoint in June

The UK’s economic recovery loses some traction as retail sales disappoint in June

The hot weather is keeping shoppers off the High Street and potentially endangering the UK’s economic rebound as official numbers show a paltry rise in retail sales in June. Sales [...]

Government must tackle the UK’s “debt hangover” as the period of low interest rates comes to an end

Government must tackle the UK’s “debt hangover” as the period of low interest rates comes to an end

The UK’s household debt hangover must be a priority for the next Parliament as the end of the holiday period for borrowing costs draws nearer 
a new report has warned. [...]

Retirement guidance should help you make better decisions – but remember the system hasn’t been tested before

Retirement guidance should help you make better decisions – but remember the system hasn’t been tested before

If you are nearing retirement – in fact if you are just considering taking tax free cash – you about to be given a huge new range of choices when [...]

Weak labour market still concerning Bank of England’s MPC

Older workers and benefit reforms increase supply of labour

Weak labour market still concerning Bank of England’s MPC

The Bank of England Monetary Policy Committee unanimously voted to keep interest rates on hold, the latest minutes show. All nine members voted to keep rates at 0.5% amid concerns [...]

Fixed tariff energy customers warned to switch before the end of July to avoid being penalised by average £85.80

Fixed tariff energy customers warned to switch before the end of July to avoid being penalised by average £85.80

Price comparison site GoCompare is warning households on fixed tariff bills they could be switched on to a much higher standard tariff if they fail to choose a new deal [...]

Government incentive to encourage retirees to delay taking state pension slashed by almost 50%

Government incentive to encourage retirees to delay taking state pension slashed by almost 50%

Following the Government’s media salvo on pension reform this week it has now also confirmed that the amount of extra state pension people receive when they defer retirement will be [...]

British men twice as likely to dodge the doctor as women

British men are almost twice as likely as women to avoid going to a doctor when experiencing a serious health symptom says new research from protection specialist LV=. The firm’s [...]

Can Twitter become a viable alternative to Facebook?

Janet Yellen, Federal Reserve Chair, commented recently that, “Valuation metrics in some sectors do appear substantially stretched—particularly those for smaller firms in the social media and biotechnology industries.” Brenda Kelly, [...]

Your glasses may be stylish but is your eye test more important? The MM interview

The Mindful Money interview with Jeremy Chadwick, managing director, VSP Vision Care VSP Vision Care is a global firm specialising in providing eye care to employees as a workplace benefit. [...]

Households need to act swiftly or risk being hit with an energy bill rise of almost £200

Consumers on some fixed energy deals could see their bills rise by up to £188 a year unless they take swift action to move to a better deal. According to [...]

Britons turn away from big white weddings in favour of getting on the property ladder

More than a quarter, at 28%, of those aged between 18 and 34 would spend a £20,000 gift from their parents on a deposit for a house according to research [...]

Small caps firms embracing self-improvement to up their earnings

Henry Lowson, manager of the AXA Framlington UK Smaller Companies fund looks at how smaller companies are building value through acquisitions and expanding their global footprint… Smaller companies with good [...]

Eurozone annual inflation remains stable at 0.5% in June

Following the European Central Bank’s recent actions to stave off a period of deflation and boost economic growth in the Eurozone, the cost of living stabilised in the troubled region during [...]

100 year old investment trusts – the 10 that have increased their dividends for at least 30 years

As the centenary of the Great War approaches, the Association of Investment Companies (AIC) has taken a look at the investment companies that have been around for a hundred years [...]

592,695 current account switches in 2014

There were 592,695 current account switches in 2014 in the year to the 30th June – a 16% year-on-year increase on the year before says the Payments Council. In addition, [...]

Bill Mott, veteran income fund manager, to retire

Bill Mott is to retire from fund management stepping down from the PSigma Income fund. The current co-manager, Eric Moore will become co-manager alongside Gervais Williams. Mott will retire from [...]

Eurozone looks set for more disappointing growth numbers

The sharp fall in eurozone industrial production in May suggests that the recovery in the sector is flagging before it has even really begun. According to Capital Economics, production dropped [...]

UK families unaware of tax breaks that could benefit children

UK families could be using simple tax breaks to save for their children in the future, but many parents are not aware of how they could be saving on tax, [...]

Impact of tougher mortgage lending rules “more subtle than dramatic”

The impact of the Mortgage Market Review (MMR), which introduced stricter lending criteria appear to be “more subtle than dramatic” says an industry trade body. The MMR, which was launched [...]

This is an “unloved” rally. Expect a bumpy transition to a normal environment says JP Morgan’s Stephanie Flanders

The market rally in the first half of 2014 is “unloved” says Stephanie Flanders, chief market strategist, UK and Europe at J.P. Morgan Asset Management because investors know the days of cheap [...]

Platinum and Palladium ETPs see largest inflows in the second quarter

Platinum and palladium were the commodity Exchange Traded Products (ETPs) with the strongest demand in the second quarter with inflows $400m and $410m of inflows respectively according to ETF Securities. [...]

The Share Centre maintains M&S as a buy despite mixed results

The Share Centre has recommended investors buy Marks & Spencer despite a mixed set of results which saw food sales rise but clothing and online sales fall. Sales at the website were down [...]

The official return of bubble economics – Ashmore’s Jan Dehn

Last week’s Fed and ECB announcements have given both institutions the opportunity to speculate. Jan Dehn, Head of Research at Ashmore discusses the concept of bubble economics and the challenges [...]

Rents rise 4% in Prime Central London with Marylebone leading the way up 23%

Rents in central London has risen by around 4% this year says property investment firm London Central Portfolio reaching an average of £1.05 per square foot whilst void periods have [...]

Recent Comments