Finance in the News – w/c 07.03.22

Short summaries of recent articles we think you will find useful from some of the UK’s broadsheets.

FINANCIAL TIMES

“Seven things women need to know about money”
Ahead of International Women’s Day, experts share inspirational tips on how to transform your finances.
“UK households feel the pain of inflation”
Some consumers raid their savings to cope with big jumps in fuel and food bills.
“Financial Conduct Authority investigated 300 UK crypto firms last year”
UK financial watchdog is looking to stamp out scams and unregulated ventures.
“UK house prices surge in February despite rising mortgage rates”
Nationwide house price index climbs 12.6%, pushing average cost of home over £260,000.
“Higher earners still facing tax bills over child benefit claims”
HMRC needs to do more to bridge gap in awareness, says OTS.
“Are defence stocks now ESG?”
Surely supplying weapons to the invaded underdog in an unprovoked fight is a social good.

THE TIMES

“Rule change spells bigger and longer mortgages”
The Bank is set to ditch stress tests to let buyers borrow more.
“How much of your money is in Russia?”
Shares, funds, trusts and even the Church of England pension are caught up in Russia — and getting out will take time.
“What war in Ukraine means for inflation and your investments”
Russia’s invasion will push up prices faster than wages — so you need to invest even more wisely.

THE TELEGRAPH

“Hargreaves Lansdown pockets £60m in ‘hidden costs’ from savers”
Britain’s biggest broker under fire for creaming interest from customers’ cash.
“The best and cheapest ways to add value and space to your home”
Home improvements have never been so popular – here are the top tips on making the most of your property.
“Energy deals rising by £100 a day as Russian gas fears up prices”
Average 12-month deals costs more than £3,400 per year for households.

THE GUARDIAN / OBSERVER

“How long for UK gender pay gap to be bridged at top of finance? About 30 years”
Aviva boss Amanda Blanc warns of ‘frustratingly slow’ pace of changes in pay at senior levels.
“Ukraine crisis puts Sunak under new pressure to axe national insurance rise”
Tory MPs and business groups urge chancellor to scrap increase intended to fund NHS and social care amid fears of stagflation.

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