CashNews.co The UK Financial Conduct Authority (FCA) has secured convictions against two crypto fraudsters, marking a significant step in its battle against digital asset fraud. Raymondip Bedi and Patrick Mavanga were found guilty of defrauding 65 investors out of £1.5 million through a sophisticated cold-calling scheme. The duo pled guilty to conspiracy charges, with Mavanga […]
CashNews.co Gatehouse Bank has expanded its refinancing options, offering more flexibility for various clientele. UK residents, expats, and international residents can now access refinancing for buy-to-let and residential properties. The bank has introduced refinancing for Home Purchase Plan products for international customers. Green home finance products are included, with benefits for energy-efficient homes. The initiative […]
CashNews.co On today’s installment of Wealth, host Brad Smith covers a wide range of topics affecting investors’ portfolio and even their personal finances. The program welcomes Redfin chief economist Daryl Fairweather to talk more about how Donald Trump’s reelection could reignite inflation fears and further spur housing affordability concerns. Bob Powell, host of Yahoo Finance’s […]
CashNews.co Retailers are bracing for substantial cost increases following recent Budget announcements. The National Insurance hike will impose an estimated £2.3 billion additional cost on employers. Minimum wage increases are predicted to raise retail wage bills significantly in the coming years. Business rates reform is on the horizon, promising relief but bringing uncertainty. Increases in […]
CashNews.co Marsden Maritime Holdings’ (NZSE:MMH) stock up by 4.2% over the past three months. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company’s financials don’t look very promising. Particularly, we will be paying […]
CashNews.co The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But as Peter Lynch said in One Up On Wall Street‘Long shots almost never pay […]
CashNews.co There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Put simply, these types of businesses are compounding machines, […]
CashNews.co European stocks finished firmly higher on Thursday as traders weighed up a barrage of economic data and central bank meetings from the UK, Sweden and Norway, with markets rebounding after a sharp US election-related slump. The market reaction to Donald Trump’s election victory from either side of the Atlantic couldn’t have been more different: […]
CashNews.co High street building society Nationwide is sending £175 to new customers for a welcome boost in time for Christmas. Bank switching is big business right now, with both banks and building societies offering cash bribes to try to lure customers from rivals. Current account holders tend to be the most stubborn around, with research […]
CashNews.co HMRC has issued a clarification about tax codes after a person got in touch concerned that their code had suddenly changed. A customer reached the government organisation over X to ask: “My husband was entitled to claim state pension in September this year but hasn’t claimed it. Could you please advise why his tax […]