Investment into VCTs surges
The recently announced dividend tax rise is likely to increase demand for investment into venture capital trusts (VCTs), expert say. Read More
Green investment trusts in demand
Booming demand for green infrastructure investments has helped power a record run of fundraising for UK investment trusts, with managers breaking the previous annual record for capital raising in the first nine months of 2021. Read More
UK house prices up
British house prices rose at the fastest annual rate since early 2017 in the three months to the end of June, mortgage lender Halifax said on Friday, adding to other signs that the housing market has stabilized after weakening on Brexit worries.
Avoiding the final salary pension trap
If you are on course to pick up a retirement income of £50,000 a year or more from a final salary pension then you may face the prospect of seeing a slice disappear because of daunting taxes.
Continued slump for London house price growth (House prices).
The headline rate of house price growth across London boroughs has slowed to 1%, down from 4.3% a year ago. This is the lowest annual rate of growth since August 2011. In contrast, regional cities such as Edinburgh, Liverpool and Manchester are registering house price growth in excess of 7% per annum (House prices).
House prices will soar, says Prof
An economics professor who used to be on the Bank of England’s Monetary Policy Committee says house prices in the UK will keep on rising until they reach 15 times average income, says the Mail. The prediction is based on analysis of the effects of commuting.