Finance in the News – w/c 24.10.22

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

FINANCIAL TIMES

“Should investors brave the gilts horror show?”
Government bonds offer higher rates but can no longer be seen as ultra-safe.
“Tax experts urge review into IR35 off-payroll working rules”
Calls follow new chancellor’s move to reaffirm freelance regime.
“Wealth advisers urged to offer support, not technical tips”
Clients need regular reassurance in tough markets.
“Amazon launches UK portal for buying insurance”
Company says comparison service will initially focus on home and contents products
“Investing slows as UK cost of living crisis bites”
Rattled savers switch to cash accounts.
“Lettuce pray for our personal finances”
Future for tax, pensions and energy policy has been tossed into the political salad spinner.

THE TIMES

“Rishi Sunak set for No 10 as Boris Johnson quits race”
Ex-prime minister blames lack of unity among candidates.
“That didn’t last long: top savings rates vanish”
As savers rush to secure deals that disappear in hours, there are other investment options to explore.
“When will I get my state pension (and how much will it be)?”
An ageing population means retirement might be a long way off.

THE TELEGRAPH

“Money Makeover: ‘I bought my first home – can I do it up and upsize in two years?’”
A Times reader could have borrowed more but bought a fixer-upper to avoid negative equity.
“House prices falling in suburbs as Covid ‘race for space’ goes into reverse”
Values in city centres are rising at a faster rate than their outskirts.
“Taxpayers revolt as councils push cashless car parks”
Expecting drivers to pay-by-phone when they park will cut off the elderly and digitally excluded, charities warn.

THE GUARDIAN / OBSERVER

“From nanny sharing to apps: how to save money on childcare”
As costs rise, it is more important than ever to claim every bit of support you can.
“Starmer ‘should bring in workplace pension for the self-employed’”
Fabian Society also says Labour needs to be radical and introduce better provision for the lowest paid.

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