Five things investors learned last week
- 21 December 2013
1) The Federal Reserve has started tapering by $10bn a month with markets calm and even benefiting.
2) Yet Bank of England governor Mark Carney acknowledges the great risks to the economy of unwinding quantative easing.
3) Hargreaves Lansdown has suggested the Invesco Perpetual allows free switches from its funds into Neil Woodford’s new venture as Citywire reports.
4) UK growth continues to be revised up with the ONS saying September2012 to September 2013 saw growth was 1.9% as it revised figures for previous quarters.
5) Gold has suffered its largest falls in 30 years in 2013 as Investment Week reports.
- An end in sight for PPI calls as financial watchdog sets 2018 complaints deadline
- Why the price of oil has “changed for a generation”
- Confidence in house price growth remains robust despite the threat of higher interest rates
- Lloyds shares to be offered to the public at a discount
- Leading trade body calls for single rate of tax relief on pensions at 25% or 33% as current system "benefits the rich"
- Avoid a Hallowe'en horror by remembering to switch energy deals warns Gocompare
- Bank account review - Which? calls for compensation for customers suffering poor service
- Average rate offered by easy access ISAs collapses to its lowest on record
- Virgin to offer half price refund for West Coast trains more than half an hour late
- Generous grandparents putting their own finances at risk by giving away too much cash