Their combined current value is now only £49,000 and decreasing.
Should we pull out what is left and reinvest elsewhere or sit it out until the five-year term is up? M.B., Folkstone, Kent
Danny Cox, head of financial planning strategy at independent financial adviser Hargreaves Lansdown, replies: You are right to review your investments and […]
Experts are battling to interpret data and use it to predict the next turn of events, but few, if any, foresee a swift return to stability and growth.
However, a rift is forming between those who fear a resurgence of inflation, sparked by rampant government spending, and those who fear the opposite - a long […]
The squeeze has become so tight that some middle-class families are pawning diamonds and cars to pay school fees, it has been claimed.
But with some medium term financial planning, there should be no need to take the engagement ring or BMW down to the pawnbrokers.
So what are the best ways to save and pay […]
As the level of compensation offered in Ireland is now higher than the UK, the vast majority of Irish banks are covered solely by the Irish system, not the UK’s Financial Services Compensation Scheme (FSCS).
Many savers are worried about this. Here Richard Dyson addresses the issue…
There are two Irish banks falling outside the UK’s FSCS: […]
Despite the ongoing stock market bedlam embattled investors appear be taking a more aggressive approach to investing in the next tax year.
Given that the Bank of England has continually been hacking away at the bank rate since last October, the sentiment should arrive with minimal surprise.
With interest rates now standing at a […]
Stockbroker belt towns such as Windsor in Berkshire, one of the most sought-after areas to live in the UK, are among the hardest hit since the recession kicked in.
It is one of 16 towns and cities in the UK where prices have dropped by at least 20%.
Burton-on-Trent in […]
Quidco, the UK's largest cashback website, is offering a novel way to raise money for charities that will not see you having to dip into your pockets. Now you can donate as you shop.
Quidco's new service enables you to donate cash-back earned through buying goods online to a cause close to your heart - be […]
It also predicts a deep recession lasting throughout next year and a ‘very real probability’ that Britain will go bankrupt.
The report leaked yesterday from financial analysts Numis Securities says that the collapse in house prices is not ‘anywhere near over’.
They have already fallen 21% from their peak, but the report says they will slump […]
Bags from expensive designer clothing stores appear randomly around your home and you get the sinking sensation your wife often tells white lies about her whereabouts.
There are strange calls to the house which she responds to awkwardly and quickly dismisses. Is it an affair? Something is wrong but you don't quite know how […]
Savers are being hit hardest, with average branch rates for an instant access account plummeting to just 0.17% in February compared with 2.69% a year ago.
But customers who go overdrawn on their current accounts are being stung by average rates of 18.62%, according to the Bank of England, up from 17.58% this time last […]
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