SAVINGS have received a welcome boost following last month’s increase in Bank of England base rates, and a second one is expected before the end of the year, but savers must keep a watchful eye on their accounts to avoid being shortchanged.
Tag: Business
Scotsman: Give Up Your Pension For Cash Now – Deal Or No Deal?
HAVE you ever watched the television show Deal Or No Deal? You get to gamble against the banker, but you have no idea how much money is in the box.
Scotsman: No Escaping Taxman When Handing Over Your Assets
TRUSTS have, perhaps, a certain image – a magical device that gets rid of all tax liabilities, particularly inheritance tax (IHT).
Scotsman: Merger Mutually Beneficial
THE merger between Nationwide and Portman building societies announced last week is tipped to trigger a wave of further consolidation, as societies unite to form new giant mutuals capable of giving the banks a run for their money.
Scotsman: Regulator Launches Probe Into Growing ‘cash For Company Pensions’ Scandal
THE Pensions Regulator is poised to launch an investigation into a cash sweeteners scandal which threatens to throw the spotlight on the role played by trustees, actuaries, lawyers and financial advisers.
Scotsman: Rising Bank Fees Cost £3bn A Year
THE row about bank charges escalated last week with the publication of a report claiming they have risen by 20% over the past three years.
Scotsman: New Homebuyers Struggling To Cope
FIRST-time buyers are stretching themselves further than ever before to get a foot on the property ladder, but more than one in 10 fall into almost immediate financial difficulties, according to two new reports.
Scotsman: How To Survive If Your Debt Is Getting Out Of Control
CONSUMERS now owe billions but what do you do if you can no longer cope?
Scotsman: Pensioners Relying On Credit To Survive
MANY Scots will have to borrow to live if all they have to exist on is state provision.
Scotsman: Educated In The True Art Of Investment Finance By Uncle Archie
IT OCCURS to me that I’m part of probably the luckiest generation ever. I belong to the baby boomers, those born within a couple of years of the end of the Second World War.