Archive for December, 2009

31 Dec

Five money saving New Year’s resolutions

Losing weight, doing more exercise and sorting out finances are at the top of over 27m resolution lists according to comparison website Gocompare.com. Although This is Money can't help you shed your post Christmas pounds or force you into your exercise gear we can help with sorting out [...]

29 Dec

Worst ever decade for investing nears end

It had actually gone higher earlier in the day, reaching 6,950.6.
Buoyed by the technology boom, investors threw money at anything that came within the TMT - technology, media and telecoms - sector.
A new index, the FTSE techMARK was launched - in its first two weeks, it shot up [...]

29 Dec

Inheritance tax will hit 4m, say Tories

Reopening the class war row with the Government, the Conservatives warned that middle-income earners will be hit by the tax - despite the Chancellor's claims that only the rich have to pay.
New figures show that Middle England's potential liability under the tax is in excess of £250bn.
Inheritance tax currently kicks in on estates worth [...]

29 Dec

FTSE 100 recovers to pre-Lehman high

The index's Christmas rally continued today with a gain of 40 points that put the blue-chip index above 5,440, a high not seen since global markets dived after the fall of Lehman Brothers in September 2008. The Footsie has made strong gains in recent weeks, particularly over the Christmas period as positive [...]

28 Dec

Frenzy as shoppers rush to beat VAT rise

Shoppers ignored the traditions of a quiet, family Sunday to rush to the High Street and grab bargains of up to 50% off the normal price.
Two of the country's biggest retailing giants, John Lewis and Marks & Spencer, started their sales yesterday.
Both were closed on Boxing Day unlike most of their high-street rivals.
John Lewis [...]

27 Dec

How to earn a profit from emerging markets

This means moving money away from established markets in the West and instead placing a far higher proportion of their assets in Asia and Latin America.
That is the clear consensus from leading investment advisers who highlight emerging markets, international equity income funds and absolute return funds as the key building blocks for a portfolio [...]

24 Dec

Footsie rally will not be repeated in 2010

The blue chip index currently stands just above the 5,400 mark, but the survey showed that over 80% of readers expect it to stay below 6,000 in 2010.
Attracting 35% of the vote, the most popular finishing range for the index was between 5,500 and 6,000, suggesting that you believe the barnstorming gains of 2009 [...]

22 Dec

Where to save children’s Christmas money

But while these Scrooges short-change children on their easy-access savings, they offer much higher rates to adults.
Parents looking for a home for Christmas money given to their children should take great care to avoid these skinflints who rip off the kids.
Cheltenham & Gloucester, part of the taxpayer-subsidised Lloyds Banking Group, pays a shameful 0.05% [...]

21 Dec

Middle class professions suffer in recession

Jobseeker's Allowance claims for some professions have risen by more than 900%, with architects, surveyors, accountants and lawyers among the hardest hit.
Office for National Statistics data reveals that almost every sector has been affected by rising unemployment, with large numbers of casualties in the South and East.
In a disclosure that will fuel anger about [...]

21 Dec

Prepare for second year of pay freezes

Although it expects the country to emerge from recession during the final three months of this year, employers are likely to refuse pay rises as unemployment continues to rise until next autumn.
The business organisation also believes interest rates will rise next year, possibly reaching 2%. And it warned of the risk of strikes as [...]

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