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 […]
Financial Services Authority officials have been taking particular interest in exposure to Irish institutions.
This is over and above the usual regulatory monitoring requirements, suggesting it has particular concern about the security of these loans - made with the savings of society members.
The FSA’s anxieties centre on the building society sector, which lost a collective £200m […]
Accountancy giant PricewaterhouseCoopers reckons the total annual tax rise needed because of the deepening black hole in the Treasury finances could reach £25bn.
Its report today, which warns that the banking crisis and recession are placing the public finances under ’severe strain’, follows claims in the Commons last night that Labour’s latest bank bail-out means […]
Spencer Winfield at stockbroker Charles Stanley replies: Warren Buffett, arguably the most famous US fund manager, once said that to be a good investor ‘one should be fearful when all around you are greedy and greedy when all around are fearful’.
It is presumably with this sentiment in mind that some investors started […]
The Bank of England is expected to announce today that it is ready to embark on a programme of ‘ quantitative easing’.
A letter from Chancellor Alistair Darling, giving permission to the Bank to go ahead with the move, is likely to be published this morning.
The Bank’s monetary policy committee, which sets interest rates, decided […]
If you are looking for the best auto insurance quotes in Michigan, here are a few things that will ease the process and guarantee that you get a good deal.
Safety and security features – when you purchase a car, make sure that you have the alarm system, anti-lock brakes, daytime running lights and any other […]
My opinion is that I would claim from the bus company who would then claim for their losses from the other driver.
I cannot understand how I am expected to claim damages from a driver who was not involved in an accident with my vehicle T.S., Dunfermline, Fife
Ian Crowder at AA insurance replies: […]
Millions face hefty car insurance price rises and the cost of travel cover could double if firms are no longer able to take customers’ ages into account when assessing risk, insurers claim.
All other forms of insurance will also be hit by the ‘unintended consequences’ of the Government’s legislation, the Association of British Insurers said.
But […]
Des Hamilton, technical director at the Pensions Advisory Service, replies: Different rules apply according to when a woman becomes widowed. In your case, there are three choices available. You can:
1. Claim your state retirement pension at age 60. This will be based on your national Insurance (NI) contribution record, your late husband’s NI […]
It amounts to a massive admission of failure during the boom years leading up to the credit crunch when previous chief executive Sir Fred Goodwin led the bank to the brink of disaster.
But new boss Stephen Hester warned: ‘There is no alternative.’ >>Chris Blackhurst gives his verdict on Sir Fred Goodwin’s pension
A key […]
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