Income alternatives: Where should you look for income in your portfolio? April 23, 2015 Once upon a time, bonds could always be relied upon to deliver a consistent fixed income. Sadly, those days are long gone, and now most bonds pay a miserly return – with some even in negative territory. But income is still useful for many investors. We asked the experts to name their top alternatives. COMMERCIAL [...]
Surviving the lifetime allowance: You could face 55pc tax on your pension savings unless you plan carefully April 23, 2015 The chancellor’s generosity couldn’t go on forever. Just days before his transformational reforms to pensions were enacted – the end of the compulsory purchase of annuities has at last given savers real power over their money when they reach 55 – George Osborne announced that the pensions lifetime allowance (LTA) would fall from £1.25m to [...]
Unleash the Junior Isas: How do the experts invest to unlock decades-long returns April 23, 2015 With a time horizon of up to 18 years, Junior Isas have tremendous growth potential. Annabelle Williams asks the experts how they invest to unlock decades-long returns. One of the best ways to save for your child’s future is the Junior Isa (Jisa). As with an adult Isa, there is an annual allowance for each [...]
The help to buy Isa: How helpful is it and what does it really offer first-time buyers? April 23, 2015 Chancellor George Osborne threw would-be first-time buyers a lifeline in his Budget last month: the Help to Buy Isa has been dubbed a key part of the government’s savings revolution, offering assistance to those who want to get onto the property ladder. Due to come into force this autumn, this new Isa wrapper will mean [...]
Behold the era of market meddling: Whoever wins the General Election, the age of intervention is upon us April 23, 2015 In the run up to every General Election, the business community voices its concerns over what a Labour government would mean for UK plc. There is the regular letter to The Telegraph, signed by 100 business leaders, in a show of support for the Conservatives. There is much worry, and some hysteria too. Many readers [...]
£5m bail for Navinder Singh Sarao: 2010 flash crash maths whizz awaits extradition hearing April 22, 2015 The British day-trader accused of causing the 2010 US Flash Crash must put up £5.05m in bail money as he fights extradition to the United States over fraud charges. Navinder Singh Sarao, 36, who ran a small futures trading company called Nav Sarao Futures from a house in Hounslow, is charged with several counts of [...]
Dave Lewis admits long road ahead for Tesco recovery April 22, 2015 Tesco boss Dave Lewis admitted yesterday that he faced a larger task than expected turning around the struggling supermarket giant, as it reported the worst results in its 96-year history. Lewis – known as “Drastic Dave” for his radical overhaul of businesses at Unilever and now at Tesco – acknowledged that the task of turning [...]
Banks forced to compete hard for current accounts April 22, 2015 Britons have been shaken out of their traditional apathy towards their banks, as the switching scheme has successfully encouraged them to shop around, new data shows today. The seven-day switching service was used by 1.14m people to change current accounts, the Payments Council said, up seven per cent on the year. And the proportion who [...]
General Election 2015: KPMG chairman Simon Collins wants more focus on business and a long-term housing strategy April 22, 2015 ELECTION COUNTDOWN: 14 DAYS TO GO Every day until the final week of the election campaign, we ask a business leader to say what policies would entice them to vote for a particular party. SIMON COLLINS: CHAIRMAN, KPMG ■ My top ask is for politicians to promote business. Business creates the wealth, [...]
Arris to buy Yorkshire set-top box maker Pace in $2.1bn deal April 22, 2015 Communications equipment maker Arris Group Inc will buy British set-top box maker Pace Plc in a $2.1bn cash-and-stock deal to expand into the satellite businessand boost its business outside North America. Pace shareholders will receive 1.325 pounds ($2) in cash and 0.1455 new Arris shares for each share held, the companies said last night. Arris [...]
