Finance in the News – w/c 08.02.21

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

FINANCIAL TIMES

Beware the madness of markets
From tulips to GameStop, retail investors usually end up losers in speculative booms
Pensions comparison site in slow start
Several leading providers have yet to join pioneering government-backed scheme.
UK platforms see uplift after shorted stocks frenzy
Younger investors flock to brokerage providers.
Aspiring property buyers defy warnings of stamp duty crunch
Lockdowns have prompted reassessment of people’s housing needs, say agents.
Readers criticise private healthcare costs
Renewal premiums top the complaints prompted by James Max’s column.
Silver surge could signal coming commodities boom
Digital economy will still need metals and minerals.

THE TIMES

Made a profit from GameStop? Your app just told the taxman
All investment firms have to pass customers’ trading details to HMRC, warns Ali Hussain.
Andrea McLean: ‘My big film break turned out to be a tax dodge’”
The Loose Women star has bounced back from financial mishaps to run her own business and a mini buy-to-let portfolio, she tells Nick McGrath.
The pension funds at risk of a dotcom crash
Some of Britain’s biggest schemes have built up huge holdings in the tech stocks that many fear are overvalued.

THE TELEGRAPH

Taxpayers face wrath of HMRC debt collectors as arrears treble in a year
Those struggling to pay bills amass £65.5bn in IOUs.
Money Makeover: ‘Will my £140k pension cover lavish holidays and racing cars?‘”
Telegraph experts help reader Malcolm Ash invest for his trips abroad and his hobby racing Caterham cars.
Gender pension gap causing mortgage crisis for older borrowers
Retired couples applying for a loan have a gender pension gap seven times the national average.

THE GUARDIAN / OBSERVER

Banks accused of letting down online fraud victims
A voluntary scams code on refunds is not good enough, say campaigners, as ‘authorised push payment’ thefts double.
Are share-trading apps a safe way to play the markets?
After investors caused havoc on the markets last week in a battle over the shares of a video-game chain, The Guardian explores the promise and pitfalls of the apps they used.

Articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute financial advice. You should not act or rely on any information contained in this website without first seeking advice from a professional. Capital is at risk; investments and the income from them can fall as well as rise.

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Source: https://www.techlink.co.uk/

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