Finance in the News – w/c 11.01.21

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

FINACIAL TIMES

“Debt dangers hang over markets”
With assets fully priced, investors face trouble chasing returns while trying to limit risks.
“NS&I rate cut drives savers into investments”
Government-backed provider latest to join the race to the bottom for savings rates.
“Bitcoin: a symptom of market mania — or the new gold?”
Some believe the cryptocurrency to be a go-to asset for those seeking a safe haven.
“Millions set to benefit from leasehold property reforms”
Owners of properties in England could save ‘tens of thousands’ on the cost of extending leases.
“Pension funds need a radical rethink”
Fragmented schemes with limited investment horizons are detrimental to savers and the economy.
“‘Best of British’ stocks and where to find them”
Tomorrow’s UK market stars are not always in obvious sectors.

THE TIMES

“Year of the merciful taxman”
As self-assessment deadline looms, HMRC may have to go easy.
“You must pay what you owe — but maybe not just now”
Tax owed is money that must be paid. Even during the harshest financial downturns it is critical that those who have made profits, earned income and cashed in gains, pay what is owed to the Exchequer. But there are also times when leniency and understanding is needed — and now is one of them.
“Expat landlords — the new Brexit mortgage prisoners”
Expats with homes overseas and in the UK could find themselves locked into expensive deals.

THE TELEGRAPH

“Over-55s at the mercy of a new pensions ‘experiment’ next month”
Savers risk being funnelled into investments that don’t match their retirement needs in reforms that take effect next month.
“In charts: three signs stock markets are in the ‘greatest bubble in history’”
Profit signals, optimism and IPOs all point to investor exuberance.
“What will happen to house prices in 2021?”
The property market is set for a rollercoaster year.

THE GUARDIAN / OBSERVER

“HMRC to waive fines for taxpayers who file late returns due to Covid”
Millions of workers stand to benefit if they can show valid reason, including having to home school children.
“70,000 households in UK made homeless during pandemic”
Increase comes despite government pledge that ‘no one should lose their home as a result of the coronavirus’.

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