December’s unemployment figures showed an increase, however it was less than expected.
The number of unemployed people increased by 146,000 over the quarter to a total jobless figure of 1.97 million. However a forecast of over two million had been anticipated.
Redundancies increased by 259,000
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Created on: Wed 11 February 2009 12:39
Last modified: Thu 09 February 2012 07:12
This article was posted in
General info and tagged with
financial information
Most of us feel the Government take more than their fair share of tax , however how many of us actually make use of all the tax breaks available to us.
Tax advantageous investments such as individual savings accounts (isa’s) allow each eligible person to invest up to £7,200 each tax year. As
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Created on: Tue 10 February 2009 10:22
Last modified: Thu 09 February 2012 07:25
Many leading fund managers in the UK are concerned that one or more of the major banks in Britain would have difficulty proving their solvencyif they were required to value their assets at today’s values.
The Treasury has financed a £50 billion Bank of England fund to buy up corporate assets,
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Created on: Fri 06 February 2009 15:02
Last modified: Thu 09 February 2012 06:43
For many employees salary sacrifice could be the ideal way to enhance the contributions into your pension arrangement.
Salary sacrifice is an agreement between the employer and employee.
the employee agrees to take a reduce salary in exchange for their employer making a pension contribution.
Any
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Created on: Fri 06 February 2009 14:32
Last modified: Fri 06 February 2009 14:32
The Bank of England has announced cut interest rates by 0.5%, setting another record low for the Bank base rate.
Continued signs of recession in the UK were the main factor why the Bank's Monetary Policy Committee has reduced rates to 1%. The follows from the decision to reduce rates last month
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Created on: Thu 05 February 2009 13:28
Last modified: Fri 02 March 2012 10:01
Pensioners could possibly get help in this year’s budget.The chancellor, Alastair Darling has indicated that the Government should consider ways to boost the incomes of pensioners. The comment was made in response to the recent fall of interest rates.
With the Bank of England having cut rates
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Created on: Wed 04 February 2009 12:59
Last modified: Fri 02 March 2012 10:02
Economists are forecasting a further reduction of interest rates
on Thursday as the Bank of England try to combat the current recession. A rate cut of ½% is expected to be announced with the aim of avoiding a long and drawn out slump in the economy.
Experts say that while a further reduction
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Created on: Wed 04 February 2009 11:16
Last modified: Wed 04 February 2009 11:16
This article was posted in
General info and tagged with
financial,
interest rates,
investment
February already is a month to remember, with snow, wildcat strikes and to top it all the worst recession in decades.
Interest rates are at an all time low, reflecting the current poor economic conditions.
Whilst the interest rate reductions will benefit borrowers, it is little comfort for
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Created on: Tue 03 February 2009 07:40
Last modified: Tue 03 February 2009 07:40
The Royal Mail could take on a role as the ‘people’s bank’ as the government tries to increase lending to UK consumers.
Business secretary Peter Mandelson has announced that he would like the 12,0000 branch network to offer a range of financial services to its customers. The response comes
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Created on: Mon 02 February 2009 13:14
Last modified: Mon 02 February 2009 13:14
This article was posted in
General info
The woolworths brand has been purchased by Home Shopping Direct and will re-launch it as an on-line retailer in July.
The group run by the Barclay Brothers - who also own the Telegraph newspaper - has also bought the Ladybird childrenswear brand.
'We are delighted to be re-launching the Woolworths
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Created on: Mon 02 February 2009 13:04
Last modified: Mon 02 February 2009 13:04
This article was posted in
General info
It is now possible to sign up to the consilium blog for regular email updates
Created on: Fri 30 January 2009 11:02
Last modified: Fri 30 January 2009 11:02
This article was posted in
General info
Henderson Global Investors Investment Management has confirmed its bid for New Star, pledging to retain key fund managers.
The group has valued the deal at £115 million.
The combined fund management group will make it one of the largest in the UK.
More details on the accquisition will be
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Created on: Fri 30 January 2009 10:36
Last modified: Fri 30 January 2009 10:36
31st January is the last day for submitting your self assessment tax return.
Submission after this date could incur a fine from HMRC
Created on: Thu 29 January 2009 20:56
Last modified: Thu 29 January 2009 20:56
This article was posted in
General info
Invesco Perpetual will shortly write to clients that hold investments within the Global Dynamic Theme Fund. The company is proposing a change of name of the fund whilst altering the funds investment objectives.
If approved the fund name will be changed to the Global Opportunities fund. The
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Created on: Wed 28 January 2009 10:21
Last modified: Fri 02 March 2012 09:56
This article was posted in
Investment Advice and tagged with
Investment Advice
If you are an ex-smoker with life cover you could be missing out on the opportunity to save a substantial amount of money.
If you have managed to stop smoking for more than a year then it may be appropriate to rebroke your existing life cover the reduce the premiums.
In some cases it may be
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Created on: Wed 28 January 2009 06:52
Last modified: Thu 01 March 2012 08:23
This article was posted in
Life Assurance and tagged with
Life Assurance,
life cover
The Post Office has recently announced to over 500,000 savers that their cash will not be protectedunder the UK Financial Services Compensation Scheme.
Post office Savings accounts (excluding National Savings products) are underwritten by the Bank of Ireland and Anglo Irish Bank. The move by the
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Created on: Tue 27 January 2009 15:41
Last modified: Fri 02 March 2012 09:57
This article was posted in
Investment Advice and tagged with
deposits,
investment,
savings
2008 was a year to forget in many ways. A year of lamentable distinction as the world's largest 'credit bubble' burst. It saw the biggest bankruptcy ever, a record number of bank failures and almost $1 trillion in losses by financial institutions.The only stock market to show a positive return over
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Created on: Mon 26 January 2009 11:29
Last modified: Fri 02 March 2012 09:58
Whether you should remain contracted out of the state scheme is a complex issue.
If you are contracted out you should consider if it is still appropriate to remain out of the state scheme.
For more information please visit our contracted out web page
Created on: Fri 23 January 2009 18:11
Last modified: Fri 04 May 2012 08:06
This article was posted in
Pensions Advice and tagged with
contracting out
Make the most out of your investments.
