Financial Mail has learnt that a 'severe shortfall' is predicted between the sum savers poured in - and which it is supposed to return, plus interest, at the end of a fixed term - and the value of the company's assets.
It is expected that investors who receive regular income will cease to get [...]
Sources said 270,000 of the petrolelectric hybrids worldwide may have to be checked.
Toyota has not confirmed a recall but has admitted the newest Prius models had a software problem affecting the brakes.
Official investigations have been ordered in the U.S. and Japan although British ministers have not so far followed suit.
The world's biggest car firm [...]
Can you advise how and where I can cash this in and how much interest that £1 might have accumulated? P.R., Walton-on-Thames, Surrey
Simon Moon from This is Money replies: A great deal has happened in Britain during the 35 years your £1 has been lodged in the National Savings Bank.
Your contribution then was [...]
Andrew Clare Professor at Cass Business School and chairman of Fathom ConsultingWHAT WILL £1 BUY IN EUROS THIS SUMMER?: €1.15 WHEN TO BUY: Now 'The halcyon days of 68p to the euro are long gone. Holidaymakers should expect to pay around 87p for a euro in the summer. For those who want [...]
The scenery is a mixture of mountains, beaches and picturesque fishing villages, and Crete has not suffered from mass tourism. It's hot in summer and so mild in winter that you can swim in the sea in December. So where is the best spot to buy into this [...]
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 [...]
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 [...]
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 [...]
With endless beaches, guaranteed sunshine, engaging people and only a five-hour flight from the UK, this archipelago 300 miles off West Africa was full of promise for holidaymakers and investors. So, what's happening now? 'Sal still looks a bit like the moon, but things have progressed [...]
Veteran stock picker Anthony Bolton warned that the equity market recovery looks likely to tail off in the first half of next year, urging investors to look for value among technology and healthcare stocks. The Fidelity International investment guru said: 'I think that the recovery phase is going [...]
© 2008 Daily Financial News