Author name: sadsadkari

Today's Markets: Carry on up Threadneedle Street

Today’s Markets: Continue to Threadneedle Street

CompassNope One-off renewable energy tax comes after days of speculation The UK’s biggest renewable energy producers are grappling with the prospect of a new government tax that will limit the profits they can make from extreme electricity prices. A new bill, which reached parliament on Wednesday, outlines a “cost plus revenue limit” where the government …

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Mini-budget won’t deliver promised growth, leading economists tell MPs | Mini budget 2022

Senior economists have dismissed Liz Truss’s chances of achieving 2.5% economic growth over the next few years, as they said her government’s ‘guerrilla tactics’ in last month’s mini-budget had played a major role in scaring the markets. Speaking to the Commons Treasury Committee, economists said the 2.5% growth target was “almost impossible”. The committee launched …

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Bank of England issues mortgage repayment warning

Bank of England issues mortgage repayment warning

The proportion of homeowners unable to pay their mortgage payments could rise in coming months as interest rates soar, the Bank of England warned today. The average two- and five-year fixed mortgage rates available are already at their highest level since the financial crash of 2008, driving up costs for borrowers. Regardless of deposit size, …

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Barratt signals drop in new home orders as mortgage rates rise | Barratt Developments

Barratt Developments reported a slump in new home bookings in recent weeks as the housing market is hit by economic uncertainty and rising mortgage rates. Shares of Britain’s biggest homebuilder fell 8% in early trading on Wednesday, the biggest drop on the FTSE 100, and dragged down share prices of its homebuilder rivals after having …

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3 Times You Should Absolutely Use a High Yield Savings Account

3 Times You Should Absolutely Use a High Yield Savings Account

Insider experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. A high yield savings account has a higher interest rate than a …

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There is no exact monetary amount everyone needs to retire, the amount of money you need for retirement depends on your individual situation, experts say.

How much money do you need to retire? Here are some questions to consider.

Many people look forward to retirement. You can do all the things you never had time to do because of work and other obligations. Retreat isn’t as easy as sitting by the pool or strolling along the beach. It can take years of preparation and saving to ensure you have a comfortable and secure lifestyle …

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'Recess is over,' police tell Oxford Street sweets after major raid

‘Recess is over,’ police tell Oxford Street sweets after major raid

Police raided shops in Oxford Street (Picture: Westminster City Council) Cops and shopkeepers raided toy and confectionery shops in Oxford Street and found over £200,000 worth of counterfeit goods. The stores on London’s most famous shopping street has been accused of being at the center of a tax avoidance scandal. Yesterday a joint operation made …

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France orders striking fuel refinery employees back to work |  Oil and Gas News

France orders striking fuel refinery employees back to work | Oil and Gas News

The energy ministry says it has requisitioned staff at a depot in Normandy as the confrontation with the CGT union intensifies. The French government has announced it will order workers at an ExxonMobil fuel depot to return to their posts in a bid to secure supplies of gasoline after weeks-long strikes that led to shortages …

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