Finance in the News – w/c 04.02.19

Short summaries of articles we think you will find useful from some of the weekend’s broadsheets.

FINANCIAL TIMES

“Rush to re-mortgage ahead of Brexit”
In a highly competitive market, UK borrowers are fixing deals for up to 10 years.
“Couples urged to act to avoid £1bn a year in state pension losses”
Problems triggered by ‘wrong parent’ claiming child benefit.
“Don’t let your finances default to a bad deal”
Cash savings, mortgages and pensions can all quickly become poor value for money.
“Podcast: HMRC’s loan charge — tax avoidance or a mis-selling scandal?”
FT Money journalists discuss this week’s personal finance news.
“Six costly financial mistakes women need to avoid”
From pensions to pay rises, what women need to know about money management.
“How to make better financial decisions”
And why you should expect that your carefully laid plans could go wrong.

THE TIMES

“Why the wealthy are stashing cash”
Savers are selling stocks and retreating to the haven of the deposit account.
“Where should I put the cash from my buy-to-let?”
Experts advise a reader who is fed up of being a landlord.
“Financial tips for the sandwich generation”
If you are one of the 1.3 million people with the twin responsibilities of caring for older and younger family members, your finances may be suffering.

THE TELEGRAPH

“Consumers are caught in a maze – the ombudsman system must be reformed”
An influential group of MPs, the All-Party Parliamentary Group on Consumer Protection, has called for the Law Commission to review the entire ombudsman system.
“Five top venture capital trusts still offering a 30% tax break”
Investors have poured into venture capital trusts (VCTs) since the beginning of the year, in a tax-savvy effort to secure the most promising new issues, which are strictly limited and come with 30% income tax relief.

THE GUARDIAN / OBSERVER

“The tech giants won’t like it, but a digital tax must become a reality”
The OECD’s bid to tax digital services across the world’s 34 richest nations is a step towards fairness so say some commentators.
“We must rule out a hard exit. Business is at breaking point”
Uncertainty over Britain’s terms for leaving the EU is harshly affecting firms.

MAIL

“Big trouble brewing in China? A tale of two smartphone makers paints a darkening picture for the world’s second largest economy”
The slow-burning trade war between the United States and China is in danger of escalating while there are also warning signs in China’s domestic economy.

Please note that, due to copyright, we are no longer able to include a direct link to the newspaper article.

Source: https://www.techlink.co.uk/

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