Finance in the News – w/c 09.11.20

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

FINANCIAL TIMES

“UK house prices rise in October ahead of second lockdown”
Halifax reports 7.5% annual increase but says growth will slow into next year.
“Pandemic drives financial advisers to speed tech change”
Digital shift could cut costs and open sector for broader range of clients.
“Pressure grows to support excluded self-employed”
Sunak extends SEISS — but millions are set to miss out.
“Loan ‘holidays’ extended to six months after new English lockdown”
FCA confirms borrowers will be able to seek relief from mortgage and loan payments.
“The upside of a close race for the White House”
Investors focus on the positives in a conflicted and confusing election result.
“The dim glow of the UK stock market”
Could there be an upside to the lack of confidence affecting share values?

THE TIMES

“Seven reasons why this lockdown will be different for your finances”
Last time we unexpectedly paid off credit cards, took mortgage breaks and stopped using cash. Don’t expect a repeat performance.
“Why Covid stress or a miscarriage could stop you getting insurance”
Workers seeking income protection are finding that a single phone call to a counsellor can rule them out.
“Covid has hit my business. Why won’t Lloyds just be flexible?”
A look at the response of banks and how small businesses and the self-employed are still penalised.

THE TELEGRAPH

“The ultimate buy-to-let practical guide: how to strategise your investment”
Experts share their tips on how to invest in property while being tax-efficient, and getting returns within six months.
“Shares, bonds and gold have had a mixed year – here’s what a second lockdown means for prices”
Prices for all three investments collapsed in March but things will be different this time around.
“’I’ve made 30pc flipping blue chips but I still love Aim stocks’”
In the first of a new series, the Telegraph looks at investors that have made exceptional returns this year.

THE GUARDIAN / OBSERVER

“How to put the spiralling cost of a mobile phone on hold”
If you buy a handset with a hefty price tag, get tied into a lengthy contract and fail to check bills, you can end up spending a fortune. But there are ways to save.
“How financial services watchdog has reacted to UK consumer worries in Covid”
Chief ombudsman Caroline Wayman highlights financial challenges for people during pandemic.

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