March 2013 - Charterbridge

Charterbridge

googleplus linkedin

Monthly Archives: March 2013

ICAP warns eurozone crisis will hit profits

ICAP warns eurozone crisis will hit profits Interdealer broker ICAP has warned investors to prepare for lower revenues, causing the shares to suffer their biggest fall in four months. Blaming the latest eurozone ructions for dashing hopes that the buoyant trading volumes it enjoyed at the start of the year would continue, the FTSE 100 […]

One foot in gym for pensioners

One foot in gym for pensioners The average retired person enjoys three holidays a year and is fitter than during working years, research by Skipton Building Society indicated yesterday. The Times, p. 33 Osborne’s Help to Buy scheme ‘risks creating housing bubble’ George Osborne defended his controversial plans to help Britons on to the property […]

Slump in home loans as market stagnates

Slump in home loans as market stagnates The British Bankers’ Association has concluded that mortgage lending declined in February by the biggest monthly amount in more than 15 years, with £7.8bn of home loans agreed to and net lending by banks declining to £982m. The Guardian, p. 25 Also appeared in : The Times, p.40 […]

Fujitsu invests £800m in UK

Fujitsu invests £800m in UK Fujitsu has injected £800m of investment into its UK arm to help cut the deficit across three of its defined-benefit pension schemes. City AM London, p. 10 Minister fails to rule out second home subsidies for wealthy A senior Treasury cabinet minister has refused to rule out allowing rich people […]

Weekend economic news headlines

Time for a financial review? Three questions you should be asking. New regulatory guidelines, known as the Retail Distribution Review (RDR), have indirectly resulted in many banks and building societies withdrawing face-to-face advisory services. The Telegraph Investment & Savings Service, provided by Skipton Financial Services (SFS) provides a no-obligation review service. The Daily Telegraph Your […]

Pension pots could be used for housing investments

Pension pots could be used for housing investments Savers may be allowed to invest in housing through their pension pots for the first time under Treasury plans. The Daily Telegraph, p. 5 Fund managers’ bonus cap ‘even more draconian than for banks’ European politicians sparked consternation across Britain’s asset management industry yesterday as they voted […]

Parents gain choice on savings

Parents gain choice on savings Under Budget proposals parents will be able to unlock more than £4bnworth of children’s savings trapped in low-interest accounts and transfer them to higher-paying Junior Individual Savings Accounts (Jisas). This abstract from the Financial Times was produced by Kantar Media Financial Times, p. 14 Savers in search of inflation-proof haven […]

New state pension due in April 2016

New state pension due in April 2016 The government confirmed yesterday that the new simplified state pension will be introduced a year ahead of schedule in April 2016. The decision to implement the £144-a-week flat payment earlier than planned will mean the government has to provide fewer national insurance rebates on contracted-out pensions, boosting Treasury […]

Britons face double blow of tax and falling house prices

Britons face double blow of tax and falling house prices British expats caught up in Cyprus’s financial crisis are facing a ‘double whammy’ of taxes on their savings while the values of their homes plunge in a depressed property market. The Daily Telegraph, p. 17 Expats’ Pensions are safe, says Treasury Thousands of British expats […]