PERSONAL FINANCE NEWS September 16, 2010 HALF OF WOMEN WITHOUT A PENSION Almost half of all British women of working age do not have any pension provision, a study conducted by Baring Asset Management showed earlier this week. The total number of women who have yet to retire without a pension is increasing year-on-year. Equally shocking, a fifth of all working [...]
A farmer’s work is never done September 16, 2010 ANYONE who watched Channel 4’s Young Black Farmers series will remember Wilfred Emmanuel-Jones. He brands himself “The Black Farmer”, the entrepreneur behind the gluten-free food range of the same name. He lives between his London office, his Devon farm and his Wiltshire home where he stood as the Conservative party candidate earlier this year. Born [...]
Business plans need to measure up too September 16, 2010 DESIGN entrepreneurs have come from across the globe to London Fashion Week, starting today, to show off their creations. The industry oozes exclusivity, appearing the preserve of the wealthy and connected. It begs the question of how difficult it is for somebody to set up and grow a business in this world. Do creative geniuses [...]
IMPACT OF VAT September 16, 2010 Q.As a small business-owner, what do I need to know about the VAT increase? A.The standard rate of VAT is 17.5 per cent at the moment but this will be rising to 20 per cent in three months time. If you are a business that issues VAT invoices, then you must use the 20 per [...]
Credit Suisse expands into UK ETF market September 15, 2010 COMPETITION in the exchange-traded fund (ETF) market stepped up another notch yesterday when Swiss bank Credit Suisse launched 45 ETFs on the London Stock Exchange (LSE), solidifying its European presence and paving the way for a global launch of its ETF product. For the past decade, new arrivals in the European ETF space have been [...]
Use forex products to gain as Japan wrestles the yen September 15, 2010 THE yen lurched downwards 2.4 per cent versus the dollar and 2.8 per cent against the euro yesterday as the Bank of Japan (BoJ) waded into the forex markets to weaken the currency. While many institutional investors are not permitted to bet directly on forex, a wide range of currency-tracking products enable them to benefit [...]
LISTED PRODUCT NEWS September 15, 2010 RBS SEMINAR ON TECHNICAL ANALYSIS RBS is tonight hosting a seminar where Jackson Wong from research and analysis provider Investors Intelligence will be giving a full market update from a technical analysis perspective. Wong is a technical analyst specialising in indicators and chart patterns in the global fixed income markets. He will focus on the [...]
THE TIPSTER September 15, 2010 SUGAR prices have hit a high this year at 24.87 cents per pound. An increase in demand and export bottlenecks in Brazil could see further rises. Spreadex has a Sugar No 11 October contract at 24.08c -24.18c. Next stormed ahead yesterday following a fantastic trading update. The jump could be a precursor to further share [...]
Commodities drag FTSE 100 down as US output eases September 15, 2010 COMMODITY stocks pulled Britain’s top shares lower yesterday as US data showed a sharp slowdown in industrial output, and after investors switched into the dollar after The Bank of Japan’s yen intervention and recent sharp gains. The FTSE 100 index closed down 11.85 points, or 0.2 per cent at 5,555.56, snapping a five session winning [...]
Wall St edges up despite poor data September 15, 2010 STOCKS advanced yesterday on Wall?Street but remained hemmed in a recent trading range as disappointing economic data hindered the S&P 500 from breaking through a stubborn technical level. Markets were pressured early by a report showing a measure of New York state business conditions slipped to the lowest level in more than a year, while [...]
