Finance in the News – w/c 09.12.19


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


“Hiring a nanny: what I wish I’d known”
Recruiting and employing a carer for your children is more costly and complex than many imagine.
“UK property funds come under pressure”
M&G Property Portfolio halts investor withdrawals, blaming economic and political conditions.
“Italian wine investors return to ancient pedigrees”.
The region of Piedmont is attracting growing demand.
“The general election and your finances”
With a week to go, what changes could the major parties bring in?
“My Christmas book choices: fuel for the post-lunch argument”
From social mobility to how tax policy has shaped our history — and future.
“Central banks’ next move will be crucial for investors”
The FT portfolio has enjoyed a good run in 2019 — but can it continue?


“I sold my house to fund Mum’s care”
A daughter has made radical changes for her mother’s old age.
“While a man retires with a £315,000 pension, a woman makes do with barely half that pot”
Startling new data shows how vital it is that saving for retirement is rethought.
“Millionaires must publish their tax bills, says Labour”
The shadow chancellor wants to mimic the Scandinavians — but only for £1m-plus earners.


“Why Britain’s biggest fraud risk is lying in your desk drawer at home”
When Kelly Banks noticed that £1,200 had been spent on her credit card in House of Fraser, her heart stopped.
“Social care crisis escalates as average cost tops £50,000 a year”.
Older people living in care homes are being charged more than £1,000 a week, a report has found, as the cost has spiralled at almost double inflation in the past 20 years.
“The top 10 income funds to pay you a monthly salary”
Unfortunately, many popular income funds pay dividends only every quarter, which gives investors the problem of matching lumpy income with their regular outgoings.


“How ‘lifestyle’ spending choices are luring a generation into debt”
It’s an old ploy: offer interest-free loans and cash in as people fail to pay up. But now a new twist is targeting young buyers.
“Make do and lend to a refugee entrepreneur this Christmas”
Lendwithcare gift vouchers let Britons help people living in camps grow their own businesses.

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