Latest
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Sterling accelerates its recovery after chancellor’s U-turn on taxes
News The pound has recovered after Kwasi Kwarteng U-turned on abolishing the top rate of income tax. Saloni Sardana explains what's going on..
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October’s Premium Bonds: how to check if you are a winner
News NS&I has added almost 110,000 more prizes to October’s Premium Bond draw – are you a winner?
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Kwasi Kwarteng U-turns on top tax rate decision
News Kwasi Kwarteng has U-turned on his top tax rate reduction announced in his mini-Budget at the end of September.
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Bank of England spends £65bn to “restore orderly market conditions”
News The Bank of England has said it will spend £65bn buying bonds to stabilise the financial markets after the government’s mini-Budget. Saloni Sardana explains what’s happening.
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The end of cheap money hits the markets
News Markets have swooned as central banks raise interest rates, leaving the era of cheap money behind.
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Hundreds of mortgage products withdrawn as interest rates surge
News Hundreds of mortgage products have been withdrawn after sterling crashed to the lowest levels in decades against the dollar and the Bank of England said it wouldn’t hesitate to step in and raise interest rates further.
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What changes to the pensions charge cap mean for you
News The government could raise the pensions charge cap – the amount you can be charged in your workplace's default pension fund. Saloni Sardana explains why, and what it means for you.
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Investors are still in denial about inflation and interest rates
News There are worrying signs that inflation is becoming embedded in the economy, but many investors are struggling to adjust to the new reality.
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Mini-Budget: stamp duty and income tax cut as Kwarteng targets growth
News Chancellor Kwasi Kwarteng announced sweeping tax cuts in his mini-Budget statement. Here's what was said.
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National Insurance increase will be reversed in November, says chancellor
News The UK government has ditched the 1.25 percentage-point National Insurance rise, which will see workers pocket more pay and reduce tax for UK businesses. Saloni Sardana explains what the changes means for you.
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Interest rates rise to their highest in 14 years – here’s what it means for you
News The Bank of England has raised interest rates by 0.5 percentage points to 2.25%, the highest level since December 2008. Saloni Sardana explains what it means for your money.
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Paypal, bitcoin, and the weaponisation of money
News Recent events have shown how both business and governments can “weaponise” money and shut down dissent. What to do? Buy bitcoin, says Dominic Frisby.
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Commodity prices are taking a breather
News Commodity prices have fallen back after spiking early in the year. Iron ore is down 36% from its March peak, while copper has lost 20% since 1 January. And there could be further falls to come.
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Seoul attempts to close the “Korea discount” for stocks
News South Korean stocks suffer from the “Korea discount” – with the country still classified as an emerging market, investors are reluctant to pay a premium.
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The fallout from Europe’s energy crisis
News The soaring price of gas could see the EU impose a cap on the price of electricity generated by nuclear and renewables, while signs of strain appear in the energy derivatives market, and investors are dumping European stocks.
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Japan's stockmarket gets a boost from the weak yen
News Japan’s stockmarket has outperformed so far this year, with corporate profits at their highest since 1954 and a weak yen inflating overseas earnings.
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The latest news on the energy price cap
News The government is to bring in an “Energy Price Guarantee” to help householders with their energy costs, plus a huge package of support for businesses. Rupert Hargreaves looks at what's planned.
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Upcoming IPOs in 2022: which companies are planning to list this year?
News Rupert Hargreaves explains what an IPO is, how public and private companies differ, and picks out some of the more notable companies set to list on the stock exchange this year.
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Are we heading for a sterling crisis?
News The pound sliding against the dollar and the euro is symbolic of the UK's economic weakness and a sign that overseas investors losing confidence in the country.
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Brazilian stocks will bounce back in 2023
News Brazil's Ibovespa stockmarket index has fallen by 9% since it peaked in April. But with an election in 2023 and current president Jair Bolsonaro on course to lose, Brazilian stocks could bounce back.
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What Jay Powell's Jackson Hole message means for markets
News Jay Powell delivered a hawkish speech on inflation at last week's Jackson Hole meeting. Alex Rankine explains what his speech means for markets.
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Are stocks back in a bull market or is this just a bear market rally?
News The S&P 500 index gained 17% between its June lows and 16 August, while the Nasdaq Composite rose more than 20%. So are stocks back in a bull market or is this just a brief rally before they resume their slide?
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Curtain falls as Cineworld files for bankruptcy
News Cinema chain Cineworld is filing for bankruptcy in the US, and shareholders are likely to be wiped out. How did it come to this?
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European stocks are ignored and cheap – but possibly not for long
News European stocks are out of favour, with some analysts predicting their worst year since 2008. But the worst of the sell-off could be over, and European value shares in particular look appealing.
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House prices are cooling as mortgage costs rise
News UK house prices rose at 7.8% in the year to June – down from 12.8% in the year to May. Is this the start of a house-price crash?
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A new legal headache for Haleon
News Haleon, GSK’s former consumer-products arm, spun off last month, has made a dismal debut on the stockmarket.
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US inflation may have peaked, but it remains a threat
News US inflation fell to 8.5% in July, down from 9.1% the previous month. But structural, not transitory, forces are pushing inflation higher. It could be around for some time yet.
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A turning point in economic history as globalisation comes to an end
News Nancy Pelosi’s visit to Taiwan could mark a turning point as Western firms swap low costs for resilience, moving away from China to more “friendly” countries.
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Britain’s ten most-hated shares – w/e 12 August
News Rupert Hargreaves looks at Britain's ten most-hated shares, and what short-sellers are looking at now.
