Finance in the News – w/c 22.08.22

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

FINANCIAL TIMES

“Investing in volatile times: Alphaville’s top tips”
The FT’s markets blog offers advice to personal savers.
“Wealth managers warn retail investors over rising inflation”
Alert follows 10.1% surge in UK consumer prices that was revealed this week.
“One-fifth of property sellers miss CGT payment deadline”
Failure to pay tax bills came despite an extension to the reporting time limit.
“Deadline looms for trustees of non-taxable trusts”
Just two weeks remain before those who fail to register with the HMRC are likely to face penalties/.
“Record wage drop signals more cost of living pain for UK households”
Pay falls 3% in real terms but not enough to bring down inflation to Bank of England target.
“Read the fine print before consolidating pension pots”
Older schemes may have advantages worth keeping.

THE TIMES

“Ways to save money on pet food, healthcare and insurance”
The cost-of-living crisis has us all thinking of ways to reduce costs — from kitty litter to snake warmers.
“Not dramatic enough: HMRC’s harsh review of theatre’s tax claim”
A Scrooge-like refusal to grant £170k relief to a much-loved annual Christmas show has been overturned.
“Annuities are back in fashion — but should you get one?”
Rates have improved about 30% this year.

THE TELEGRAPH

“‘My husband died and now I’ll only get £15 a week from his state pension’”
Grieving spouses have been blocked from inheriting state pensions because their partner died too early.
“Parents in turmoil as hundreds of after-school clubs face closure”
Wraparound’ care sector hit by pandemic, cost of living crisis and staff shortages.
“‘I’ve put 95pc of my pension into oil stocks’”
Britain’s army of DIY investors are trying to fight back against inflation.

THE GUARDIAN / OBSERVER

“GPs could prescribe money off energy bills under Treasury plan”
Proposal would mean doctors would assess whether patients are struggling enough to require help.
“Britain’s growing dormant cash pile set to be a windfall for charities”
The government is expanding a scheme that channels unclaimed money to good causes.

Articles on this website are offered only for general information 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.

Past performance is not a guide to future performance and may not be repeated. Capital is at risk; investments and the income from them can fall as well as rise and investors may not get back the amounts originally invested.

Your home may be repossessed if you do not keep up with payments on your mortgage.

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.

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