Posts Tagged Finance

Chinese save four times as much as Britons

The average household in China has four times more savings than the average household in the UK, new research shows.

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Buy-to-let mortgage market ‘blooming’

The buy-to-let market is “blooming”, with 100 more deals on offer than a year ago and lower typical interest rates.

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HMRC keeps families waiting an extra week for child benefit

Families are being left waiting for their child benefit because the taxman is processing their claims too slowly, it has emerged.

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How to beat the annuity rate crisis

Annuity rates have fallen to a record low and there is little hope that they will recover. We offer some sensible alternatives

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Younger workers to retire with company pensions worth just a third of those paid to their parents

New research has highlighted the stark gap between the pensions of the baby-boomers and the younger generation.

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Virgin Money nears deal on MBNA portfolio

Virgin Money is in pole position to buy a key part of MBNA’s UK and Irish credit card business after a joint approach by Goldman Sachs and Apollo Management for the whole business appeared to have fallen by the wayside.

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The ECB will rescue Europe

Mid Wynd’s Michael MacPhee: Central bank have to will print money.

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Solar tariffs to be cut ‘in April at the latest’

Solar feed-in tariffs will be cut in April if the Government loses its appeal over a December cut-off date.

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New coins won’t work in parking meters and vending machines

Millions of 5p and 10p coins could be rejected by parking meters, vending machines and payphones as the Royal Mint rolls out new-sized coins from this month.

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Savers lose out on £44.5bn as Bank Rate stays at 0.5pc

Britain’s savers are losing out on £44.5bn because of the gap between inflation and Bank Rate.

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