Finance in the News – w/c 18.01.21

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

FINANCIAL TIMES

“How Covid-19 rebooted retirement”
Pandemic has prompted the over-50s to reassess their financial priorities.
“UK fintech offers world’s ‘first’ net zero pension fund”
Retirement savers offered growing range of green options.
“Investors urged to exercise caution after bitcoin price swings”
Cryptocurrency lost more than $150bn in value this week, before bouncing back.
“Tax deadline sparks payment and filing concerns ”
Thousands opt to delay paying tax bills as January 31 cut-off looms.
“Why house prices may dip but will not crash”
In the long run, rising inflation fears will support property market.
“Wildebeest investors and the dangers of the herd”
Safety in numbers is not always the best approach.

THE TIMES

“Be careful with trends even if they sound plausible”
Whether it pops or deflates, the bubble simply won’t last
“The Biden bounce adds fizz to the buoyant US”
But the change of president could be a double-edged sword for tech giants.
“Brexit bumps up expats’ bank charges”
Expats living in the European Union who move money between UK banks and local accounts are being hit with hefty charges because of Brexit.

THE TELEGRAPH

“Post-pandemic city exodus? These property hotspots are bucking the trend”
City living has suffered during the pandemic, but some village-like pockets have thrived.
“History shows a ‘one-off’ wealth tax would be anything but”
The idea of a tax on wealth, including people’s homes, is attracting growing interest.
“Desperate property buyers borrow at 16pc a year to beat stamp duty deadline”
Expensive ‘bridging’ loans that can be taken out in days are one way to make sure purchases complete before March 31.

THE GUARDIAN / OBSERVER

“Home buyers face unexpected tax bill when stamp duty kicks in”
Rightmove says buyers could be hit with £15,000 bill as rush to complete is causing delays.
“Self-assessment tax return”
Top tips to help you with the process.

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