Although interest rates remained at 4.75% this month, a lot of people believe that the Bank of England will raise them to 5% in the next few months. And although this isn’t great news for those with a variable mortgage, it does mean that savers can start earning a decent rate on their cash.
Motley Fool: A Small-Cap That Beat The Market Correction
With the benefit of hindsight, May this year was not a great time to buy shares. By mid-June, the FTSE 100 had slumped more than 10% and it has taken a further four months for the index to regain its earlier high*. Sadly, many stocks popular with private investors — such as NXT (LSE: NTX), Stanelco (LSE: SEO) and Aminex (LSE: AEX) — remain well below their 2006 peaks**.
This Is Money: The £50 ‘global Warming’ Jet Tax
Holidaymakers could be hit with a ‘global warming’ tax of up to £50 under plans aimed at forcing airlines to reduce gas emissions
This Is Money: More Women Join Millionaires Club
Women are becoming wealthier at a faster rate than men – with the number of female millionaires rising by 11% last year
This Is Money: New Threats On Council Tax
A new army of council tax inspectors will have the right to enter homes – and fine householders who refuse to co-operate
This Is Money: Lloyds TSB Wrote ‘false Notes’
A Lloyds TSB hand-written note misled the public into believing the product advertised was recommended by people they knew
Scotsman: Scots Escape Stamp Duty Trap
SCOTTISH first-time buyers are more likely to escape the burden of stamp duty than those across the UK as a whole, according to the Council of Mortgage Lenders.
Scotsman: Shop In Safety While Online
IN A bid to make online shopping safer, Visa has launched what it says is the UK’s first fully virtual, prepaid credit card, branded WWWcard, writes Rosemary Gallagher.
Scotsman: Buy-to-let Yields Fall North Of The Border
RENTAL yields on buy-to-let properties in Scotland have fallen from an average of 6.5 per cent at the start of the year to just under 6 per cent, according to buy-to-let broker Landlord Mortgages.
Scotsman: Private Pension Firms ‘no More Expensive Than State’
INSURANCE companies could deliver the government’s new personal accounts for pensions at no more cost to individuals than if they were offered through a centralised state-managed scheme, according to independent research.