Finance in the News – w/c 29.08.22

Share

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

FINANCIAL TIMES

Landlords face fresh dilemmas amid the economic storm
Many buy-to-let investors plan to sell all or part of their portfolios.
UK households to be hit by 80% rise in energy bills
A typical gas and electricity bill will rise to £3,549 a year from October.
Soaring UK rents leave tenants facing eviction and homelessness
Growing number are unable to keep up with payments in a rapidly overheating market.
Green bond rate increased to 3%
Three-year deal brings NS&I offer closer to rivals.
Don’t let energy price wars nuke our personal finances
As price cap heralds 80% rise in bills this winter, there’s no time to waste.
Why sustainable investors may rue going passive
Any fund manager not assessing a company’s ESG credentials is flying blind.

THE TIMES

Bankers’ fees tumble as volatility hits dealmaking
A slump in dealmaking this year is hitting investment bankers’ fees.
Food bills ‘will rise by £37 a month’ because of impact of drought
The average household will pay £37.41 more for food each month by December next year, a rise of about 12%, because of the impact of the drought on crops, according to the Centre for Economics and Business Research.
Experts tell Bank to think hard before bond sell-offs
A sharp sell-off in gilts and volatile markets should give the Bank of England “pause for thought” before starting the sale of its bond-holdings next month, analysts have warned.

THE TELEGRAPH

Money Makeover: ‘How do I generate £32,000 a year from my savings?’
The Telegraph’s readers downsized, freeing up £770,000 – now they want to turn this into a reliable income.
‘The energy crisis is worse than the pandemic – I’m having to close my business’
Small firms are facing ruin due to sky-high energy costs and less money in consumers’ pockets.
Tax-savvy investors need to make sure they own stocks with low debt – these are The Telegraph’s picks
Questor Inheritance Tax Portfolio: Impressive recent updates and sound long-term strategies mean these stocks remain worthwhile holdings

THE GUARDIAN / OBSERVER

Crypto crash: how a teacher’s dream investment turned into a nightmare loss
Small-scale investors left counting the cost this year after value of digital assets fell off a cliff.
Want to turn your leasehold into an Airbnb? It may be against the rules
Owners planning to rent out their home short term may not realise it’s breaking the terms of their lease.

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/

Share

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.