One-year fixed rate bonds have been a firm favourite among savers for months. But a new sweet spot has emerged, and short-sighted savers could miss out on higher returns if they stick with the ever popular one-year staple. Two-year fixed bonds are the new star of the show, as inflation falls and interest rates are … Read more
By Live Commentary Updated: 15:16 BST, 30 April 2024 The FTSE 100 is up 0.5 per cent in midday trading. Among the companies with reports and trading updates today are HSBC, Whitbread, Metro Bank, St. James’s Place and Hargreaves Lansdown. Read the Tuesday 30 April Business Live blog below. > If you are using our … Read more
Seeking financial advice has been a growing trend in the US since the onset of the pandemic, which caused a recession, volatility in the stock market, and rising living costs. These factors compelled many to sort out their finances by connecting with financial advisors. However, finding the right advisor can be challenging, even if you … Read more
Leading Colorado Democrats and the state’s oil and gas industry announced a preemptive armistice Monday — one that seeks to defuse the latest round of dueling ballot initiatives and legislation aimed at the industry and its environmental impacts. The proposals, described to reporters by Gov. Jared Polis and legislative leadership, include imposing a new per-barrel … Read more
Lightning-quick gigabit broadband is now available in 24 million UK homes, equating to four in five households. Gigabit broadband is capable of download speeds of 1 gigabit per second, or 1,000 megabytes. Now regulator Ofcom has confirmed that the broadband is available to 80 per cent of UK homes, up from 73 per cent a … Read more
Customers who opened HSBC’s one-year Isa say it is fraught with problems The Isa does not appear in online banking and cash transferred does not show The issue affects customers who opened an Isa after April 10. Are you one of them? Email [email protected] By Helen Kirrane Updated: 17:00 BST, 29 April 2024 Customers who … Read more
Artificial Intelligence (AI) is not just a buzzword, it’s a game-changer in the stock market. From automating complex and redundant processes to solving long-standing industry challenges, AI is revolutionizing the way we trade. With the launch of ChatGPT and other natural language processing (NLP) chatbots and AI’s use in autonomous driving, the tech is becoming … Read more
By Live Commentary Updated: 12:35 BST, 29 April 2024 The FTSE 100 is up 0.6 per cent in midday trading. Among the companies with reports and trading updates today are Ocado, Hipgnosis Songs Fund, Entain and Beazley. Read the Monday 29 April Business Live blog below. > If you are using our app or a … Read more
By City & Finance Reporter Updated: 00:05 BST, 29 April 2024 Ocado boss Tim Steiner faces a shareholder revolt over his pay today. Investors have been urged to vote against the £15m pay policy by advisory groups Glass Lewis and Institutional Shareholder Services (ISS). They say a new scheme may cause ‘excessive pay’. ISS said … Read more
Fallen hero: Closed fund’s boss Neil Woodford The Woodford investment scandal is like a sore that never properly heals. Five years on from the dramatic (and costly) closure of the £3.7 billion Equity Income Fund run by Neil Woodford, the financial wounds it inflicted upon investors continue to weep. In recent weeks, the 300,000 investors … Read more
