CashNews.co While Genco Shipping & Trading Limited (NYSE:GNK) shareholders are probably generally happy, the stock hasn’t had particularly good run recently, with the share price falling 17% in the last quarter. But at least the stock is up over the last five years. In that time, it is up 49%, which isn’t bad, but is […]
Surprise fees reduce man’s £250 savings account to just £12.39 | Personal Finance | Finance #UKFinance
CashNews.co A man has been left “shocked” to find that surprise fees slashed the money in his £250 savings account to just £12.39. Max Prince was one of the six million babies born between September 2002 and January 2011, granted a Child Trust Fund. The Government contributed £250 to each account to jump start savings, […]
FTSE dips 0.3% amid car finance hit and oil price drop, 28 Oct 2024 12:13 #UKFinance
CashNews.co Stocks in London trended lower on Monday, as oil majors retreated due to easing fears about Middle Eastern conflict, and car finance providers slumped further. The FTSE 100 index traded down 20.47 points, 0.3%, at 8,228.18. The FTSE 250 was 42.07 points lower, or 0.2%, at 20,778.66, and the AIM All-Share shed 3.15 points, […]
Money blog: Emma mattresses taken to court for ‘misleading shoppers’ | Money News #UKFinance
CashNews.co Every Monday we get an expert to answer your financial problems or consumer disputes. WhatsApp us yours here. Today’s question is… I want to put my house on the market. One of the previous owners was stabbed to death by a family member in the house. Do I need to tell prospective owners? Jane T […]
UK traders brace for Reeves to unveil £293 billion of debt sales #UKFinance
CashNews.co Bond traders expect the UK to present one of its biggest borrowing plans on record this week as Chancellor Rachel Reeves attempts to balance her government’s pledge to boost growth with calls for fiscal discipline. The Debt Management Office on Wednesday (Oct 30) is expected to announce a £15 billion (S$25.7 billion) increase in […]
Number of house sales in pipeline at highest in four years, says Zoopla #UKFinance
CashNews.co An estimated £113 billion-worth of homes are in the sales pipeline – marking the highest level of new sales agreed since autumn 2020, according to a property website. Across the UK, around 306,000 homes are working their way through the buying process to completion, 62,250 (26%) more than a year ago, Zoopla said. Momentum […]
UK Value Stock Estimates For October 2024 #UKFinance
CashNews.co As the United Kingdom’s FTSE 100 index grapples with headwinds from weak trade data out of China, investors are closely monitoring how these global economic challenges might affect domestic markets. Amidst this environment, identifying undervalued stocks becomes crucial as they can offer potential opportunities for long-term growth despite broader market volatility. Name Current Price […]
UK Finance Minister Rachel Reeves outlines 2024 October budget #UKFinance
CashNews.co UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. Anadolu | Getty Images LONDON — U.K. Finance Minister Rachel Reeves will deliver the government’s hotly awaited debut budget on Wednesday, putting to bed weeks […]
POLL: Are you worried about the Budget’s impact on your finances? | Personal Finance | Finance #UKFinance
CashNews.co Labour’s first Budget in 14 years is just around the corner, as Chancellor Rachel Reeves prepares to deliver her fiscal plans for the country this Wednesday. She has repeatedly said that “difficult decisions” are being made after inheriting “the worst set of [financial] circumstances since the Second World War” from the Conservatives. Reeves said […]
3 UK Dividend Stocks With Up To 8.3% Yield To Enhance Your Portfolio #UKFinance
CashNews.co The United Kingdom’s FTSE 100 index has recently experienced a downturn, influenced by weak trade data from China and its impact on global markets. In such volatile conditions, dividend stocks can offer a measure of stability and income potential, making them an appealing option for investors looking to enhance their portfolios amidst the current […]