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PENSION scam victims could lose 22 years’ worth of savings within just 24 hours, according to a new analysis by the Financial Conduct Authority and The Pensions Regulator . Daily Express :: Finance Feed
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Retirees and homeowners most vulnerable to ‘very big whack’ of stamp duty – ‘It’s unfair!’
RETIREES, homeowners and first-time buyers bear the brunt of “unfair” stamp duty, a tax expert told Express.co.uk. Daily Express :: Finance Feed
Read More »Pound US dollar exchange rate: GBP/USD sinks on Bank of England division
The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...
Read More »Bank of England: Carney says ‘global picture darkened’ – gloomy growth and interest update
THE BANK OF ENGLAND has issued a gloomy UK growth forecast, with Governor Mark Carney warning the “global picture has darkened”. Daily Express :: Finance Feed
Read More »Help To Buy ISAs: First time buyers should open ISA NOW before scheme ends, expert warns
HELP TO BUY ISAS can currently be opened by new savers, if they’re eligible for one, however the deadline for doing this is approaching. When does the Help to Buy scheme end? A finance expert has urged savers to take advantage of government schemes in order to get on the housing ladder. Daily Express :: Finance Feed
Read More »How much Inheritance Tax do I have to pay? When does 40 percent rate of tax apply?
INHERITANCE TAX may be required to be paid on a deceased person’s estate, above a certain threshold. What is the threshold and when does the standard Inheritance Tax rate of 40 percent apply? Daily Express :: Finance Feed
Read More »Pound euro exchange rate subdued as Conservative election campaign gets off to shaky start
At the time of writing the GBP/EUR exchange rate is rangebound at €1.162, with the pound struggling for direction as the UK General Election campaign train gets into full swing. The race for Number 10 was officially triggered in the early hours of Wednesday morning as parliament was dissolved. Daily Express :: Finance Feed
Read More »Pound US Dollar (GBP/USD) exchange rate rangebound as investors await BoE’s next move
The pound was left flat against the US dollar today, with the pairing currently trading at around $ 1.288 as politicians embarked on the campaign trail ahead of December’s general election. Political uncertainty weighed on Sterling today as politicians launched their campaigns for the December 12 general election. Daily Express :: Finance Feed
Read More »CRYPTOCURRENCY: Turkey to launch digital currency next year
Turkey has announced it will have a national digital currency issued by its central bank for 2020. President Tayyip Erdogan revealed economic recovery plans earlier this year for the struggling nation which has been crippled with debt and austerity measures. As part of the economic rescue package, the bank could begin issuing digital lira by next Christmas. Daily Express :: ...
Read More »Universal Credit adverts banned as watchdog rules the government ads ‘misleading’
UNIVERSAL CREDIT: The Advertising Standards Authority has ruled that a number of claims in the Department for Work and Pensions series of “myth-busting” advertisements about Universal Credit earlier this summer were misleading. Daily Express :: Finance Feed
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