You are currently browsing the RSS Financial weblog archives for February, 2010.
Chancellor closes two inheritance tax loopholes
The inheritance tax (IHT) nil rate band is to be held at 325,000 in 2010, while the elimination of two loopholes in IHT rules may result in closer scrutiny of funds that are transferred into trusts used for IHT purposes.
Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.
Retail sales tumble in January snow
LONDON (Reuters) - Retail sales fell at their sharpest monthly pace in 1-1/2 years in January as the cold and icy weather pushed down purchases of household goods at the fastest pace since 1988, official figures showed on Friday.
Fall in income drawdown
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research
Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative
40 per cent tax to hit more middle-income taxpayers
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling’s pre-Budget report (PBR) this week
What Is The Difference Between A Money Market And A Personal …
Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative
Best 18-Month CD Rates Reach 1.95% APY
MONEY MARKETS-T-bills tick higher, FOMC minutes on tap Reuters India
Government may lift Northern Rock guarantee
LONDON (Reuters) - The government is considering lifting a guarantee protecting deposits with Northern Rock within weeks, sources familiar with the situation said, a move that would draw a line under troubles at the nationalised bank as it is prepared for sale.
Bank of England halts QE
LONDON (Reuters) - The Bank of England announced on Thursday no increase to its unprecedented 200 billion pound asset-buying programme, but left the door open to more so-called quantitative easing if economic conditions deteriorated.
2.30% APY Best money market rates with Georgia Primary Bank at …
Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.
40 per cent tax to hit more middle-income taxpayers
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling’s pre-Budget report (PBR) this week
Battle looms over BA pensions
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain’s Iberia
How To Juice Your Fixed Income Yields With International Money …
Currency trading: Trading in The Globally Largest Market On-line …
Investors take fright at ‘fiscal fiction’
Investors took fright at the perceived timidity of the government’s plans to balance the books with one of the biggest sell-offs of British gilts this year
House prices higher than year ago
House prices rise year-on-year for the first time since mid 2008 in November as sales continued to pick up, in a sign of the rapid recovery in the housing market