Are we in middle of a tech boom

server-room-typical

For those watching the markets of late. Much of the recent stellar performance has been due to fantastic earnings from just a few technology companies such as Apple. The question is, are we in the midst of a tech bubble? For those with a short memory, the tech bubble crash after the millennium was a [...]

Make the most of your full 2012 ISA allowance

bank-of-england-ISA

Time is almost up for savers to use this years ISA allowance.  You can earn up to 3.5% to 4.5% if you are prepared to tie up your assets for a number of years. The tax year ends on the 5th of April – so you need to get cracking before the deadline next week. [...]

Are highstreet bank ISA’s a good deal?

bank-of-england-ISA

With the impending deadline for the current Tax year imminent, many people will be looking to invest spare money in the government backed tax free wrapper. However despite the claims of some of the high street banks, many of the banks simply do not offer very good value on ISA’s for a number of reasons: [...]

Virgin Banks to change the face of UK Banking…forever?

virginbanks

Sir Richard Branson’s quest to make banking “better” and more “friendly” has started with the take over of Northern Rock. Despite being quote controversial, Branson has a habit of disrupting the playing field, carving out a niche for exciting and valued products that consumers love to use.  “We will be a very formidable player,” Branson [...]

How to get almost a 20% return on your investment

20percentdividend

This is no joke and no scam. There are companies out there that are paying almost 20% in dividends per year. Don’t believe me, then look at the top few companies in the mortgage REIT (mREIT) sector such as Annaly Capital Management and AGNC who are offering around 14% and 17% respectively from investing in mortgage backed [...]

What is a REIT (Real Estate Investment Trust) and what it means for you

Mortgages and NewBuy

REIT’s are tax wrappers for investing in real estate. There is no corporation tax payable form the company provided they distribute 90% of the taxable income back to investors – who might be shareholders such as you and I. The REIT is rather analogous to a mutual fund and something that both institutional and private investors alike can [...]

Fuel panic buying grips Britain

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In the face of a possible strike, motorists stock pile fuel resulting in nationwide shortages. Garages are closed and out of fuel as tempers fray. Is it time to fill the jerrycan?

First group plc shares slide

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The UK travel and transport operator shares dropped to nearly the lowest in three years because of challenging trading conditions. Continuing worldwide trading difficulties are hitting margins and the share price, with the steepest decline since Jan 2009. The shares currently offer a 10% dividend.

UK Stockmarket decline

FTSE100

The uk stockmarket fell for a third day in a row as Greece comes under renewed fire over the European crisis. The FTSE 100 dropped to its lowest levek since the end of Jan 2012 as Greece looks to increase the ceiling on its borrowing.

Latest 2012 Budget News

parliament

Its been an interesting budget – and while the Chancellor has agreed to give a tax hand out to those in the middle, there are those who consider this a millionaire budget – favoring those with a great deal of wealth. Whether the budget goes far enough to get the UK moving again, time will [...]

Making money till payday arrives

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There’s nothing new under the sun, as the old expression goes. The same applies for making some extra cash before next payday. Now there are various lenders who offer a more technologically relevant solution to the age old solution of a payday loan. According to one group, consumer focus, the number of people approved for [...]

Sainsbury is now the 2nd largest online grocer

sainsburysovertakestesco

Sainsbury has overtaken asda to become the second largest online retailer with a twenty percent rise year on year. Tesco remains at position one as the market leader. Clearly we are becoming a nation of online shoppers as more of us are doing our grocery shopping online. Already there are implications for small retailers wuth [...]

Payday loan regulation on the cards?

redtapepaydayloans

The roll-over of so called payday loans which may cause debts to increase have been suggested to be limited as was announced by the Commons’ Business Committee. The regulator has suggested that there should be a fast-track system to remove or suspect credit companies licences. MP’s have been saying that vulnerable people are at risk [...]

Its rare when china lowers its forecast

chinalowersworldforcats

The chinese premier has lowered the expected growth from 8% to 7.5% in an almost unprecedented move in nearly 7 years. Still its a tiny reduction and china is still growing at an incedible pace.

Weakness in the eurozone hits world markets

The problems in greece are excacerbating the stock market situation with european markets down this morning in response to the fact that greece may finally default.

RBS and Halifax raise mortgage rates

Both these companies have decided that they well increase the standard variable rate to aroound 4.25% in the coming months. Despite low intetest rates this will potentially put strain on homeowners who are already facing low or little wage inflation.

Where do you score on Britains Misery index?

The office of national statistics has compiled happiness studies for a wide range of people. The results are too numerous to publish here, but suffice to say, the british might not be the happiest!

Britain is the most expensive place in europe to buy fuel

Its now official that Britsin has the highest fuel duty of all our european neighbours leading some to claim the governments strategy is killing businesses by preventing people from looking for work because of the sheer cost of petrol. Quentin wilson who used to appear on BBCs top gear laments that excessive duty is causing [...]

Approval Loans and Payday Loans