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Five things investors learned in the last week 27 Aug 2013 | 06:06 pm
1) The United Kingdom was even further away from that dreadful double dip than we thought. Growth has now been revised to 0.7% from 0.6% in the second quarter, boosted by higher output across constru...
China growth will not fall below the 7-7.5% range argues Deutsche Asset and Wealth Management 27 Aug 2013 | 02:44 pm
China’s growth rate will not fall below the 7 to 7.5 per cent range so it will not face a hard landing argues Asoka Woehrmann, Co-CIO of Deutsche Asset & Wealth Management. In a brief note issued tod...
Pocket money averaging £5.75 a week 27 Aug 2013 | 01:31 pm
Three quarters of parents pay pocket money with an average of £5.75 paid each week or £23 a month. The Aviva Family Finances Report suggests that parents are contributing £43m in pocket money every we...
Mindful Money shares update – Petrofac, Admiral, G4S and WPP 26 Aug 2013 | 04:42 pm
Following the bank holiday weekend, the market awaits updates from oil services group Petrofac, insurer Admiral and advertising giant WPP. Philip Scott round ups what the brokers are saying. On Tuesd...
FTSE 100 Friday close: Tapering concerns dominate 23 Aug 2013 | 09:03 pm
Traders were cheered by the revised UK economic growth figures as the FTSE 100 closed 45.23 points or almost 1 per cent higher on Friday at 6,492.10 writes Philip Scott. Official figures from the Off...
Digging deeper into the world of card protection policies 23 Aug 2013 | 07:06 pm
Investigative journalist Tony Levene, looks at the card protection policy universe. The Financial Conduct Authority (FCA) has reached an agreement with Card Protection Plan (CPP) , 13 high street ban...
0845 numbers costing mobile users more than £1bn 23 Aug 2013 | 04:44 pm
Consumers are ringing up a massive £1.3bn bill every year as a result of calling 0845 and 0870 numbers from their mobile phones writes Philip Scott. Research from Post Office HomePhone and Broadband,...
Lower for longer – the path to Fed tightening 23 Aug 2013 | 04:25 pm
M&G Investments bond fund veteran, Richard Woolnough, looks over the US Federal Reserve’s latest meeting’s minutes The disclosure of the latest Federal Open Market Committee (FOMC) meeting minutes la...
Is now the time to invest in a European fund? 23 Aug 2013 | 04:06 pm
Positive news has eluded the beleaguered Eurozone for quite some time but recent positive numbers are hinting at a recovery writes Philip Scott. All of which beg the question – is now the time, to bag...
UK economic growth better than expected at 0.7% 23 Aug 2013 | 02:07 pm
The UK’s economy grew by 0.7 per cent in the three months to June, an increase from the preliminary estimate of 0.6 per cent, according to official figures writes Philip Scott The Office for National...