The latest Daily Mail Cost of Living Index reveals prices paid at the pumps are lagging behind the 55% fall in the value of crude oil. Diesel has come down by just 7% in a year.
The European Commission has launched an inquiry, following an official complaint from the European umbrella organisation for motoring groups, […]
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 average household is £45,000 poorer because the value of their home and savings have crashed in the credit crunch.
A report reveals Britain’s household wealth is the lowest for 40 years. The figures relate to the average family’s assets, which include the value of their home, investments in pensions, shares and individual savings accounts.
The […]
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 […]
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 […]
It's difficult to know where to draw the ethical line in the current economic climate should we be helping stores to stay afloat, or taking advantage of the massive savings to be made?
When it comes to our pockets, I think we all know the answer to that one and handily even […]
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 […]
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