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 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 […]
While banking chiefs have come under the spotlight for the huge sums they are paid, the plight of rank and file bank staff who have lost much if not all of their savings, thanks to the spectacular collapse of the industry, has largely been overlooked.
Many banks encouraged their employees to buy […]
The deal was intended to save HBOS from collapse but instead the once successful Lloyds has been dragged down with its former rival.
Over the weekend Lloyds was effectively nationalised after the Government agreed to take a stake of up to 77% in return for a £260bn bailout.
Meanwhile, the portfolios of more than […]
Savers and investors can claim tax allowances, refunds and concessions that boost their income and enhance savings - the very wealthiest investors can get back more than £250,000 in tax each year, for example.
More modest savers can grab a slice of these generous tax concessions if they act within the next six weeks before the […]
Last night the best of the best within the UK's music scene descended upon Earls Court in London to celebrate the Brit Awards 2009.
As the great and the good nurse their hangovers today, This is Money decided to have a look at who were the winners and losers in the UK investment […]
Savings correspondent Alan O’Sullivan investigates the Nationwide savings rate conundrum.
The days of great variable savings rates from Nationwide are over, if its latest set of advertisements are anything to go by.
One of the adverts posted in the national press states: ‘Solid. Stable. Dependable. Exciting, aren’t we? Over 5,000 savings accounts were […]
The ultra low-cost US mutual fund group Vanguard has announced its intentions to launch into the already crowded UK market.
It gained fame for bargain tracker funds with fees that are a fraction of the cost of traditional rivals.
The group, which manages more than $1.1 trillion in assets and serves more than 23m individual and […]
Lloyds rushed out a grim trading statement to the Stock Exchange that confirmed what many in the City have long feared - the rescue of HBOS by Lloyds TSB at the height of the banking crisis will come at a very heavy price.
Lloyds, now 43%-owned by the taxpayer following the merger and […]
Managed by Jamie Allsopp, the fund was suspended from trading last December.
At the time, the impact of the credit crunch and the knock-on effect on global stock markets resulted in an increase in investors cashing in their holdings.
This led to a growing concentration of increasingly illiquid stocks within the portfolio, as Heart […]
© 2008 Daily Financial News