Cash is specialStill use cash? You’re a dinosaur. Last year in the UK, a mere £1 in every £5 was spent in cash. Most people now use debit or credit cards (or some other kind …
Cash is dying, but we’ll miss it when it’s gone
Author: admin_mm
US repo rate spike: an “alarming echo” of the financial crisis
The US Federal Reserve injected $200bn into the systemLast week’s spike in US repo rates was “an alarming echo of the financial crisis”, says The Economist. The usually placid repo – short for “repurchase agreement” …
If you intend to retire later than originally planned, tell your pension provider
As life expectancies rise and people extend their careers, many will retire later than they originally anticipated. In theory, that should give you extra years to generate valuable income. But failing to share your plans …
Doctors’ pension row spreads to other arms of the public sector
The government’s attempts to resolve the crisis that has seen doctors refuse to take on extra shifts – or even opt for early retirement – because of pension tax rules are at risk of backfiring. …
Beware the pension consolidation trap
Do your research before you pile it all into one schemeCombining your pensions in a single plan isn’t the no-brainer it may seem. Financial advisers and pension providers routinely tell savers to consolidate their disparate …
Bitcoin has just crashed hard – where will it go next?
This article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek’s executive editor John Stepek and guest contributors explain how current economic and political developments are affecting the markets and your …
Money Minute Wednesday 25 September: UK mortgage approvals
For more like this, sign up to Money Morning, our free daily email. This morning, in the UK, we get official data on mortgage approvals from the Bank of England. The approvals data gives an …
What investors can learn from Thomas Cook’s collapse
Around 600,000 tourists have been stranded abroadThis article is taken from our FREE daily investment email Money Morning. Every day, MoneyWeek’s executive editor John Stepek and guest contributors explain how current economic and political developments …
Labour’s plans for non-doms could prove costly for the UK
There is a lot of mildly disturbing silliness coming out of the Labour party at the moment. But, with the genuinely nuts (the expropriation of private school assets by the state, for example) grabbing the …
How to cut the cost of private education
Eton spent £6.5m on over a fifth of its students this yearYou needn’t be an oligarch or an aristocrat to get your child into a top fee-paying school. A private education has long been seen …