Finance in the News – w/c 30.11.20

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

FINANCIAL TIMES

“Starting a business in the midst of a pandemic”
The opportunities and risks of launching a venture.
“Wealthy use Covid uncertainty to challenge divorce settlements”
Economic confusion makes it hard to value assets and results in cases being reopened.
“Treasury enjoys boost in capital gains tax receipts”
Tax take hits £72m in October as business owners sell assets.
“They’ve saved Christmas — now save small businesses”
The chancellor failed to send a message to millions excluded from support at the spending review.
“ESG: a trend we can’t afford to ignore”
The pace of green change has rapidly accelerated as a by-product of the pandemic.
“The coming commodities surge”
As demand recovers, so will value stocks, energy and raw materials.

THE TIMES

“How a cheaper pension will last you an extra 16 years”
We shop around for energy, insurance and broadband, so why are we not getting a better deal on fees for retirement pots that are worth thousands?
“Will you earn 5% a year on an infrastructure boom?”
The chancellor’s proposed billion-pound infrastructure spend will provide much-needed jobs and should boost the economy — but can investors benefit too?
“First-time buyers boost as ban lifted on deposits from Bank of Mum and Dad”
Nationwide, Britain’s biggest building society, has done a U-turn on its ban of buyers who receive help from the Bank of Mum and Dad.

THE TELEGRAPH

“More than a million older workers delay retirement due to pandemic”
Older people have faced a triple whammy of pay cuts, falling pensions and pressure to help younger relatives.
“How to make sense of the contradictory house price headlines”
How can house prices be both up and down at the same time? Here’s what you need to know about the numbers.
“Stingy Premium Bonds won’t make good presents this Christmas – try ‘liquid gold’ instead”
I’ll be buying The Boy whisky this Christmas and hoping it turns into his house deposit.

THE GUARDIAN / OBSERVER

“Break up UK’s big high street banks, say cross-party MPs”
Group says major banks stifle competition and exploit both vulnerable and loyal customers.
“What are your options if you need a mortgage when you’re over 80?”
With people living and working longer, age need not be a barrier to getting a loan. The Guardian looks at all the options for ‘later life’ borrowing.

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