Finance in the News – w/c 17.08.20

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

FINANCIAL TIMES

“‘Eviction day’ looms for cash-strapped renters”
Courts to grapple with huge backlog of possession claims from buy-to-let landlords.
“Bank scam victims face refund “lottery””
Banks are unfairly blaming victims for fraud losses, according to a new report
“Estate agents fear ‘boom followed by bust’”
Influential Rics survey predicts sales surge from stamp duty holiday will be short-lived.
“‘Dividends cut by 445 LSE-listed companies”
Some yields still remain attractive even after changes, analysts say.
“Pensions cash a temptation for silver job seekers”
If you’re made redundant in your fifties, should you dip into your retirement funds?
“New crop of ETFs offer creative investing ideas for volatile times”
Fresh approaches abound in funds focused on gold, Chinese equities and ESG.

THE TIMES

“The hidden costs of comparison websites”
We use them to get a better deal, but up to a quarter of what we pay is taken as commission.
“Can first-time buyers survive without the Bank of Mum and Dad?”
Lenders want younger buyers to stand on their own two feet — while scrapping low-deposit deals.
“How to retire when the country is in a deep recession”
Katherine Denham asks the experts what you should do if your pension pot has plummeted.

THE TELEGRAPH

“Self-employed could face six week support gap in emergency bailout scheme”
Applications for the second SEISS grant open on Monday, but claimants are only eligible if business has been hit on or after July 14.
“The best British income funds amid the dividend chaos”
Liontrust Income is the best fund when balancing returns, yield and risk.
“Is Bitcoin really ‘digital gold’ – and should you own some?”
One fund manager said Bitcoin could rise five-fold within two years although another admitted that ‘it could go to zero’.

THE GUARDIAN / OBSERVER

“Housing market has busiest month in more than 10 years”
The pandemic has ‘rewritten the rulebook’ as pent-up demand boosts the market, says Rightmove.
“John McDonnell calls for year’s extension to ban on evictions”
Moratorium in England and Wales during coronavirus crisis is due to end next week.

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

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