Barrister boosts inquiry into busted banks but will it help shareholders?
Taxpayers and other shareholders in Britain’s busted banks may be encouraged to learn that, for the first time, the Parliamentary Commission on Banking Standards has appointed a barrister to quiz...
View ArticleHigh house prices make Britain's young put home ownership before marriage
High house prices and low mortgage availability mean more than a quarter of young people regard buying a home as a bigger commitment than getting married, according to Halifax. But lawyers warn that...
View ArticleA New Year resolution for the highest risk-free tax-free returns in 2013
Here’s a New Year resolution to make 2013 – and every year after – happier and more financially secure than it would otherwise be, despite the worrying and insecure economic outlook. Pay down debt...
View ArticleWhose house is it anyway? The equity release empire strikes back
Leading economist Ros Altmann argued in this space yesterday that equity release providers charge too much to unlock wealth in bricks and mortar for older homeowners who are short of cash – but...
View ArticleMortage lenders fear wealth risks of Pensioners Up To Here In Debt or PUTHIDs
Pensioners Up To Here In Debt – or PUTHIDs – are one reason rising numbers of mortgage lenders are withdrawing interest-only homeloans. They fear that baby boomers keen to continue their live-now...
View ArticleWinners and whingers as house prices prepare for take-off
Sales of houses and flats hit a three-year high as the property market begins to recover from the credit crisis, according to the Royal Institution of Chartered Surveyors. RICS members reported...
View ArticleNew £7bn investment trust chief is ‘a chef who eats in his own restaurant’
The appointment of Simon Crinage to head Britain’s biggest investment trust manager should please anyone who takes comfort from seeing a chef eating in his own restaurant. While the City is...
View ArticleCancer survival rates improve but most people remain financially exposed
Medical advance means more people diagnosed with cancer are surviving for longer, according to new figures from the Office for National Statistics (ONS), but relatively few people have any financial...
View ArticleA simple way to solve the interest-only mortgage scandal
The interest-only mortgage scandal, which could cost hundreds of thousands of homebuyers the roof over their heads, is a reminder that many people have followed the government’s lead and lived beyond...
View ArticleRetirement in the red: one in 10 pensioners worries about mortgage debt
More than one in 10 pensioners is worried about mortgage debt, according to the Office for National Statistics (ONS). As rising numbers retire in the red, should we worry about pensioners following the...
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