Finance in the News – w/c 31.10.22

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

FINANCIAL TIMES

Mortgage shock: what next for embattled borrowers?
Spiralling home loan rates add to households’ cost of living pressures
Lost UK pension pots soar to 2.8mn
£26.6bn has gone missing as more workers move jobs and home
Harry Nimmo: UK small companies will recover in six months
Retiring veteran fund manager Harry Nimmo optimistic for investments
Greenwashing faces fresh curbs in UK regulator’s crackdown
FCA rules will govern terms such as ESG in fund marketing and will affix consumer labels to sustainable investments
Time for a currency hedge for sterling investors?
Savers expecting pound’s recovery can protect dollar-based holdings
Investing to beat the inflation monster
Look for value in unloved sectors such as car making.

THE TIMES

There’s one rule for your money: don’t do nothing
Political and economic uncertainty are making it hard to plan, but you still need to make the right choices for your finances
Why expensive funds aren’t always worth the price tag
The most expensive funds consistently underperform cheaper alternatives, costing investors thousands of pounds in unnecessary fees as well as lost returns.
Pasta, rockets and posh wellies: would you take a punt on VCT investing?
Venture capital trusts offer generous tax breaks, dividends and the chance of backing the next big thing, but you may need to be quick to bag a bargain.

THE TELEGRAPH

The property coldspots where demand from buyers is falling furthest
Zoopla warns of looming fall in prices ahead of Bank of England meeting on Thursday.
First-time buyers need to quadruple deposits to beat mortgage mayhem
Average borrower would need to find an extra £81,510 to get onto the housing ladder.
How to use a credit card to boost your savings
The practice of ‘stoozing’ is becoming popular again – but it is not risk free.

THE GUARDIAN / OBSERVER

Sadiq Khan calls for rent freeze as rough sleeping rises by a fifth in London
Mayor demands government action including end to benefit cap and more resources for councils as cost-of-living crisis bites.
Air fryer and slipper sales surge as UK strives to reduce energy use
Consumers move quickly to prepare for unaffordable energy bills despite mild autumn, finds market research.

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.

All of these require a personal subscription to access the news and you will need to organise this directly with the newspapers concerned.

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

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