UK inflation climbs to 0.7 per cent in March April 21, 2021 The UK’s Consumer Prices Index (CPI) rose to 0.7 per cent in March, from 0.4 per cent in February, official ONS figures showed this morning. CPI was boosted by rising fuel costs and clothing but was partially offset by falls in the price of food. The ONS said prices charged by manufacturers rose by 1.9 [...]
Fears of new variants drives FTSE down two per cent April 20, 2021 London’s main market plunged two per cent today, wiping out last week’s gains amid a bad day for big tobacco. The index joined in a global stock market rout on Tuesday, ending the day at 6,859.87, down 140.21 points. The drop pushed the FTSE 100 back through the symbolic 7,000 point mark it smashed last [...]
BA looks set to recover from pandemic, so why are its 40-something pilots giving up their gold-plated pensions? April 20, 2021 In turbulent times, when the future of a company is being called into question, it is not uncommon for staff to transfer out of their employer’s defined benefit (DB) pension scheme, if they have one. Although seen as “gold-plated”, some DB scheme members worry about their scheme falling to the pension lifeboat fund, and that [...]
Could this be ‘the’ year for the ‘other IFISA’? April 19, 2021 | Sponsored Whitni Thomas, senior manager in investor relations and crowdfunding at Triodos Bank UK While the most recent reports state that total ISA investment in the UK has now reached over £65 billion, the Innovative Finance ISA (IFISA) is still the lesser-known member of the ISA family of products. The IFISA was launched in 2016 to [...]
FTSE 100 pushes above 7,000 for first time since Covid crash as Wall Street hits new records April 16, 2021 London’s FTSE 100 rose above the 7,000-mark today for the first time since Covid pummelled financial markets last year. Across the Atlantic, Wall Street again hit new record highs on the back of a bumper set of earnigns from America’s banking giants. Speedy vaccine rollouts and government policy support has lifted investor confidence about a [...]
Turn your money into gold April 14, 2021 | Sponsored Historically, investing in physical gold and silver has had several drawbacks: costly storage fees, poor liquidity and a lack of yield. Kinesis has solved these problems once thought inseparable from the properties of the metals themselves. The digital platform enables users to instantly purchase fully allocated physical gold and silver, securely vaulted without charge. While [...]
Boost your investment by avoiding unnecessary risk April 14, 2021 | Sponsored The experienced team at Oakmount & Partners has a simple aim: to optimise investment performance over the medium to long term without exposing customers to unnecessary risk. Offering opportunities leading out to 2025 and beyond, the company’s goal is to achieve a greater rate of return on investment for its clients while maintaining the same high [...]
How to resolve a tax issue – talk to the experts April 14, 2021 | Sponsored Specialist tax advisers can ensure any tax dispute, enquiry or investigation regarding HMRC is resolved effectively and efficiently, minimising worry, time and cost. The Pannu Tax team has more than 100 years’ combined experience of helping clients resolve all manner of HMRC investigations and disputes. The team consists of former HMRC inspectors who later went [...]
Help combat climate change by making smarter investments April 14, 2021 | Sponsored Climate change represents one of the biggest existential threats to the planet and should be a top priority for us all. Pictet Asset Management is passionate about this, recognising that ambitious new climate goals will spur investments into the clean energy industry. The only way to meet the world’s growing demand for energy while decreasing [...]
Will ESG turn Bitcoin into a digital ‘stranded asset’ or monetary MySpace? (Part II) April 13, 2021 | City Talk In this second instalment of a two-part piece, Ben Ashby, Derek Usher and Gerard Fox explain why environmental, social and governance (ESG) factors will undermine Bitcoin’s eye-catching rise, here focusing on the ‘S’ and ‘G’. We at Good Governance Capital (GGC) are enormously enthusiastic and supportive of innovation and competition in finance. As former mainstream [...]