Today is the last day of the UK tax year. Hurrah! Fair enough, the end of the tax year can’t really compete with this afternoon’s Grand National, the 172-year old steeplechase that will be watched by 600million viewers worldwide. But paying closer attention to your taxes will almost certainly leave you richer than betting on [...]
April 2008
More evidence that house prices are really falling comes from the Nationwide building society, in its latest official house price index. While it tries to draw attention more to annual figures in the accompanying commentary, which are still very much up, the quarterly figures for January to March 2008 are dreadful. House prices haven’t fallen [...]
Stock markets have been falling for months, led by a collapse in confidence in the financial system and plunging bank stocks. In the UK we’ve seen Northern Rock crumble, while in the US the investment bank Bear Stearns lived up to its name after jitters led to rumours which led to a run on its [...]
If you invest in the stock markets and recently you’ve had to check your portfolio with a stiff drink, at least you’re not alone. According to the FT: Stock markets finished their worst quarter in more than five years on Monday with further losses as investors continued to favour less risky assets. The losses have [...]