News Archives - Page 265 of 287

Fidelity windfall ISA closure

Aug 23, 2010

Fidelity has decided to close its windfall Individual Savings Account (ISA) scheme, after the number of accounts dropped from 200,000 to 34,000.

The 8% interest rate prediction

Aug 22, 2010

After several predictions during the summer of low interest rates in the UK for a long time, an economist has come out with a forecast that the Bank Rate will rise to 8% by 2012, if inflation gets out of control.

Market numbers: 20th August 2010

Aug 21, 2010

The FTSE 100 index of leading UK company shares finished the week at 5,195.28, down 16.01 points or -0.31% on the day and down 80.16 points (-1.52%) over the week.

China moves into second place

Aug 18, 2010

China has moved into second place in world economic terms, after provisional figures found that it became the second largest economy in the world at some point in June.

Getting on the property ladder

Aug 17, 2010

Informed Choice chartered financial planner Martin Bamford reflects on property purchase and getting on the housing ladder.

Easing inflation

Aug 17, 2010

Price inflation in the UK has eased again, with the official figures for the year to July 2010 showing the Consumer Prices Index (CPI) measure falling from 3.2% to 3.1%.

Plans to restrict pension transfers

Aug 16, 2010

A recent consultation from the Department of Work and Pensions (DWP) contained proposals to stop people from transferring their defined benefit pension benefits to a defined contribution pension scheme, such as a personal pension.

The myth of free banking

Aug 16, 2010

We all like to think we are getting a good deal. The availability of ‘free’ banking probably falls into this description, but in reality banking services are never free.

Market numbers: 13th August 2010

Aug 14, 2010

The FTSE 100 index of leading UK company shares finished the week at 5,275.44, up 9.38 points or +0.18% on the day and down 56.95 points (-1.07%) over the week.

Money Sickness Syndrome