Finance in the News – w/c 16.11.20


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


“Investment trusts stay on course through the pandemic”
The attraction of steady dividends has led to a resurgence in popularity in recent months.
“FCA pressed for details of pension transfers probe”
Regulator has opened fewer than 70 mis-selling inquiries.
“What does CGT review mean for investors?”
Report recommends raising tax rates and cutting allowances.
“Labour calls for UK pension funds to be carbon neutral by 2050”
Opposition party in push to align retirement schemes with Paris climate agreement
“A UK property market mini boom? For houses, yes — but not flats”
Demand for apartments is sluggish with fewer first-time buyers and the pandemic fuelling a search for space.
“How to sell yourself as a jobseeker in lockdown”
You’ll be interviewed via Zoom, but don’t forget to wear smart shoes.


“Dreaming of a rich retirement? £1m may not be enough”
It sounds a fortune, but the cap on pension saving could leave younger people with below-average income.
“Old-fashioned shares on the rebound”
The best-performing shares in the FTSE 350 in the two days after news of the Covid-19 vaccine breakthrough were “old economy” stocks, such as the retailer WH Smith and Mitchells & Butlers, the high street pub and restaurant chain, that suffered in lockdown.
“The landlords’ dilemma: Sell up or reduce rents”
Almost one third of landlords are planning to sell up as yields fall and changing work habits force people out of cities.


“The ultimate buy-to-let practical guide”
Follow these tips on how to navigate the welfare system and what you need to know about the new eviction processes.
“’One million freelancers plunged into debt that will last for ‘years to come’”
Report shows devastating the financial and metal health impact on self-employed.
“House prices begin to fall as sellers scramble to beat stamp duty deadline”
The average price of property coming to the market in October fell by 0.5pc as vendors try to transact before buyers lose the tax incentive.


“Rents in British cities fall by up to 15% amid Covid ‘exodus’”
London landlords have slashed rents as tenants in countryside pay more, says Hamptons.
“Why cashing in a pension pot as Covid bites should be a last resort”
It has become a quick fix for more over-55s, but it can come at a high price in retirement.

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.

You are now departing from the regulatory site of Finura. Finura is not responsible for the accuracy of the information contained within the linked site.



Other News

ISAs: 25 Years On

When they first appeared, in April 1999, ISAs were seen largely as a rebranding by the then Labour Chancellor, Gordon Brown, of two schemes introduced by his Conservative predecessors: Nigel Lawson (Personal Equity Plans – PEPs) and John Major (Tax Exempt Special Savings Accounts – TESSAs). Since that far off day, ISAs have undergone many changes.

How to talk to teenagers about money

The right financial education can make your children feel more confident about money so, when they are older, they have the knowledge and skills to meet their financial goals.

Podcast: How markets perform when rates are cut

In the latest Investor Download, Duncan Lamont, Head of Strategic Research at Schroders, takes us through what happens in markets when interest rates are cut.