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August 23, 2014 - Latest:

Know what ISA, AER and FSCS mean? Then you’re in the minority

Know what ISA, AER and FSCS mean? Then you’re in the minority

Consumers are being bamboozled by jargon and technical language from banks and building societies, with only half of people knowing what an ISA is. Research from National Savings & Investments [...]

Buying instead of renting will save first-time buyers £1,300 a year

Buying instead of renting will save first-time buyers £1,300 a year

Getting a expensive deposit together to buy your first home could cost you less in the long run as new figures show renting costs £110 more a month than buying. [...]

HSBC plans account upgrade for 1.3m customers

HSBC plans account upgrade for 1.3m customers

HSBC is planning to upgrade 1.3 million banking customers to an ‘Advance’ account. From 10 November the high street bank will offer a new Advance bank account with as no [...]

Students targeted in new mobile phone scam

Students targeted in new mobile phone scam

Thousands of students may have been caught up in a mobile phone scam that is lumbering them with large debts. It is thought a dozen universities have been targeted by [...]

EDF Energy forced to make £3m payment after complaints failings

EDF Energy forced to make £3m payment after complaints failings

The energy regulator has ordered EDF Energy to pay £3 million to help ‘vulnerable customers’ after an investigation found the company was not handling complaints properly. The ruling means all [...]

First-time buyer sales at seven-year high, but you’ll need £26,000 to get on the ladder

First-time buyer sales at seven-year high, but you’ll need £26,000 to get on the ladder

The number of first-time buyers getting a foot on the ladder has risen to a seven-year high but they will have to spend £9,000 more than last year to secure [...]

Co-op Bank puts tumultuous year behind it as it slashes losses

Co-op Bank puts tumultuous year behind it as it slashes losses

Beleaguered Co-operative Bank has managed to slash its pre-tax losses to £75.8 million in the first half of the year, down from £845 million a year ago. The bank, which [...]

Planning some DIY over the bank holiday? It could be more costly than you think

Planning some DIY over the bank holiday? It could be more costly than you think

If you’re planning a spot of home improvement this bank holiday weekend, be warned you could find yourself lumbered with an expensive bill to put a DIY disaster right. Research [...]

Funny money: More than £1bn of loose change resting in coin jars countrywide

An estimated £1.3bn of loose change is sitting in coin jars across the country with the typical pot containing £40.80. The study from comparison site Gocompare found that 31.3m UK [...]

Brokers back UK house-builder Taylor Wimpey

Confidence is growing in Taylor Wimpey as analysts at The Share Centre upgrade their recommendation on the house-builder’s shares to a ‘buy’. While its stock is off by 10% over [...]

Does a ten year bund yield of 1% mean deflation?

Michael Krautzberger, Head of European Fixed Income at BlackRock, comments on German 10-year Bund yields crossing below 1% and provides some graphs for his analysis too.  German short-dated yields have been low for several [...]

UK households still pessimistic about their finances

The UK’s Markit Household Finance Index rose fractionally to 42.2 in August, up from 42.0 in July but still well below the neutral 50.0 value says Markit, indicating pessimism. Negative [...]

BHP Billiton – shares not capital on offer from demerger – but The Share Centre still says ‘Buy’

Mining giant BHP Billiton plans to spin-off some of its assets into a new (£8.4bn) metals and mining company specialising in aluminium, coal, manganese, nickel, and silver. BHP Billiton will [...]

Hargreaves Lansdown offers low cost income drawdown ‘retirement bridge’ to investors who have delayed annuity decision

Hargreaves Lansdown is offering a low cost drawdown plan which it terms a ‘retirement bridge’ with a minimum fee of £75+VAT. It says this will allow investors to draw their [...]

European real estate could return 7% a year but deflation remains a threat

Aviva Investors is forecasting that the European ex-UK real estate market could return up to 8.2% a year over the 2014-2016 period and 7% per annum over the longer term [...]

Guest blog – why the financial watchdog should not have banned Cocos from the retail market

Cormac Hollingsworth, research associate at thinktank the Social Market Foundation makes the case for why the financial watchdog should not have banned bank bonds known as Cocos from the the [...]

Eurozone should bounce back says Schroders’ Zangana

The Eurozone should bounce back from disappointing economic numbers says Schroders European economist Azad Zangana. In a note issued today, he writes: “Within the eurozone, Germany surprised most by posting growth [...]

Four million workers now in workplace pensions under new auto-enrolment system

Four million workers have now been automatically enrolled into a workplace pension according to the Pension Regulator. The regulator’s monthly declaration of compliance report shows that more than 21,000 employers [...]

Glencore still attractive for medium risk investors says The Share Centre

Glencore remains attractive for investors willing to accept a medium level of risk says The Share Centre. The broker says Glencore’s mixed production report is similar to the first quarter [...]

Bond funds a ‘hold’ not a ‘sell’ warns broker

Brewin Dolphin’s head of fund research Ben Gutteridge explains why investors should not sell their fixed income holdings in haste… The chorus of Western policy makers calling for tighter monetary [...]

Emerging market recovery: Are we nearly there yet?

Craig Botham, emerging market economist at Schroders, gives his view on the emerging market export recovery… The emerging market (EM) export recovery is seemingly always on the horizon, but never [...]

Investors – “Keep Calm and Carry On” when interest rates rise

In response to the Bank of England Governor’s comment last week that “the economy has edged closer to the point at which the Bank Rate will gradually need to rise” [...]

Expert views on Bank’s rate hold decision

Mindful Money looks at the expert views about interest rates in light of the Bank of England’s decision to maintain the base rate at 0.5%. Could there be a split [...]

The Share Centre tips three AIM stocks – Breedon Aggregates, Anpario and Amerisur Resources

The Share Centre has tipped three AIM shares to coincide with the anniversary of the shares being allowed to be held within an Isa. The three firms are Breedon Aggregates, [...]

Italy suffering triple dip

Italy has slipped back into a recession for the third time since 2007 with the economy contracting by 0.2% in the second quarter following on from a 0.1% fall in [...]

UK All Companies sector boasts most consistent fund performers in the last three years

The UK All Companies sector is the most consistent sector for top quartile performance over the last three years, according to the F&C FundWatch survey. The survey compiled by F&C’s [...]

Energy consumers warned to switch before five fixed price deals come to an end on August 31st

On Sunday 31 August five fixed energy deals will expire, at which point consumers who have not shopped around and switched to a better deal will be automatically rolled onto [...]

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