Recovery ‘broadening’ but still not balanced says Bank of EnglandRecovery ‘broadening’ but still not balanced says Bank of England
Category: Business
Autumn Statement 2013: New Isa limits announced for next yearAutumn Statement 2013: New Isa limits announced for next year
Autumn Statement 2013: New Isa limits announced for next yearExperts had claimed that the lifetime limit could be capped at £100,000 – a figure that seasoned savers may have already reached – but that has not transpired.
Bank of England policymakers to hold interest rates at record low, but unemployment target could be lowered to ensure rock bottom ratesBank of England policymakers to hold interest rates at record low, but unemployment target could be lowered to ensure rock bottom rates
There are predictions from economists that the economic recovery will see Bank governor Mark Carney lower the unemployment target.
Investing conmen: Four ways fraudsters try to get hold of your savingsInvesting conmen: Four ways fraudsters try to get hold of your savings
Experts had claimed that the lifetime limit could be capped at £100,000 – a figure that seasoned savers may have already reached – but that has not transpired.
Investing conmen: Four ways fraudsters try to get hold of your savingsInvesting conmen: Four ways fraudsters try to get hold of your savings
Scammers are targeting those who want to chase huge returns with offers of investments in carbon credits, diamonds, wine or shares that can be worthless.
Npower to axe 1,400 jobs andNpower to axe 1,400 jobs and
The energy group employs 9,600 in the UK but is expected to slash further roles over the next two years.
CITY INTERVIEW: Virgin Atlantic boss Craig Kreeger aims to haul airline out of the redCITY INTERVIEW: Virgin Atlantic boss Craig Kreeger aims to haul airline out of the red
‘I’ve been very committed publicly and by our board to be profitable next year [ending December 2014],’ says Kreeger (pictured).
BlackRock buys British as small UK firms look set to flourishBlackRock buys British as small UK firms look set to flourish
The fund invests mainly in UK shares with a bias towards medium-sized and small firms. It has done well in the downturn.
JRF: British families rocked by steepest fall in living standards for a generationJRF: British families rocked by steepest fall in living standards for a generation
Families are being forced to dip into their savings just to make ends meet as disposable incomes plummet in the biggest quarterly drop since 1987.
Guy Opperman MP: Regional banks are a force for goodGuy Opperman MP: Regional banks are a force for good
Imagine a local bank in your local town, run by local people with some of the profits going back into the local community; I want to see created a multitude of small local banks.
INVESTMENT EXTRA: Land of the rising marketsINVESTMENT EXTRA: Land of the rising markets
It’s no secret that Japanese shares are soaring this year. Japan’s stock market, the Nikkei, has jumped a huge 30pc since January 1, topping 13,000 for the first time since 2008.
Average mortgage fee risen 8% in four months to hit a 25 year highAverage mortgage fee risen 8% in four months to hit a 25 year high
On average fees have risen 8 per cent in just four months, but fees on a benchmark five-year fix are up an astonishing 30 per cent since January.