WOMEN in the UK are saddled with significantly more debt than men. New research from financial expert Sesame reveals that, on average, women over 35 owe £8,219, compared with the £3,436 borrowed by their male counterparts – a massive 139 per cent…
Tag: Business
Scotsman: Pensions Regulations Unveiled
THE government yesterday laid out its final regulations designed to improve the pension aspects of the age discrimination regulations.
Scotsman: Albannach Hosts Seminars On Investment Opportunities
ALBANNACH Financial Management is hosting seminars in its Edinburgh office on alternative investments on 14 and 15 November.
Scotsman: Egg Warning On Mortgages After Rate Rise
INTERNET bank Egg has warned that this week’s 0.25 per cent increase in the Bank of England’s base rate, coupled with the same increase in August this year, will mean that the eight million or more people with standard variable rate mortgages could…
Scotsman: Matthews’ Fears Over UK ‘savings Gap’
TREVOR MATTHEWS, head of life and pensions at Standard Life, has called on the financial services sector to make it as easy to save as it is to borrow.
Scotsman: Home Owners Face Heavier Bills In New Year As Bank Raises Rates
INTEREST rates are likely to rise again early in the new year, home owners were warned yesterday, after the Bank of England increased borrowing costs to the highest level for five years.
Scotsman: Aegon Still Building On The Success Of UK Pensions ‘A-Day’
FURTHER increases in pension business and a diversification of its product range helped Aegon UK, the Edinburgh-based life and pensions group, to deliver increased sales.
Scotsman: Matthews Fears ‘can’t Save, Won’t Save’ Culture
EASY access to credit and overspending is widening the already large savings gap in the UK and is causing great concern, according to Trevor Matthews, chief executive of Standard Life Assurance.
Scotsman: Pension Changes Help Boost Aegon UK
AEGON UK, the financial services firm, said it was continuing to benefit from changes to the UK pension system heralded by A-Day, helping it boost underlying earnings over the first nine months of 2006 by 22 per cent to £127 million.
Motley Fool: Lending Value
ShareHitachi Capital (LSE: HCU)Websitehitachicapital.co.ukPrice256pMarket cap£109mDirectors own<1%Other majors65%Eps y/e 31/03/0626.4pHistorical P/E9.7Div y/e 31/03/0611pHistorical yield4.3%Tangible book 30/09/06138pP/TBV1.9Eps forecast 31/03/0727.6pEps forecast 31/03/0829.5pForward P/E 31/03/079.3Div forecast 31/03/0712pDiv forecast 31/03/0813pForward yield 31/03/074.7% Hitachi is a finance company, lending money for business and consumer purchases. It is not a pyad play for two reasons. Firstly, it trades well over book with a P/TBV of 1.9 and secondly, it does not have net cash. Companies involved in money lending rarely have net cash because they normally finance the majority of their lending via debt. The effect is that gearing is enormous and way above any kind of usual value criterion.