Daily Financial News

By Torley Wong

Does this mean you can give only one person £3,000 every tax year or can you give more than one person £3,000 each? S.P., City of London
Simon Moon from This is Money replies: I put your question to Matthew Cox at Skipton Financial Services who confirmed you can carry over […]

Everyone wants to pay their bills what they owe to their creditors, but there are times when many of us go through real financial problems like loss of a job, medical problems, or divorce. These reasons can spin your overall financial situation out of control. You try to negotiate with your creditors and work out […]

By Linsey Knerl
Grocery stores are celebrating the end of the month with some amazing loss leaders on staples like cereal, fruit, and even milk! Be aware of limits on these specially-priced items. (You may want to go back more than once during the sale week.) Stores are also reluctant […]

In the current economic climate many consumers are feeling the pinch and looking for ways to save money – and expenses, such as life insurance, could be one of the first monthly bills to be slashed.
A grim report, earlier in the week from the International Monetary Fund (IMF) warned that the UK was […]

Multi-millionaire entrepreneur John Duffield finally saw his dream snatched away today, at a bargain-bin price.
The once celebrated New Star has been scooped up by competitor Henderson Global Investors, for a mere 2p a share.
It is a deep discount for a firm whose stock was valued at some 98% more just 12 months […]

By Xin Lu

Alistair Darling set out the details of a radical £50bn scheme to head off a slump by injecting hard cash into the stricken economy.
The move represents a major step towards so-called quantitative easing, whereby the Government creates more money to ease the shortage of credit in the economy.
But it also takes the Bank a […]

By Will Chen

Get advice from trained financial advisers from the National Association of Personal Financial Advisers. Consumers can dial toll-free 888.919.2345 or go to Kiplinger.com to ask questions online. Normally these fee-only planners charge clients $150 to $300 an hour.

Figures from the Nationwide confirm that Britain is in the grip of the worst housing market crash since its records began in the 1950s.
A year ago, fewer than 100,000 homeowners were in negative equity but the average price of a home has dropped from £186,050 at its peak in October 2007 to £150,500 today […]