New ISA limits for tax year 2013/14
The ISA investment allowance for the tax year 2013/14 will be raised to £11,520.
Up to £5,760 of that allowance can be saved in a cash ISA.
The remainder of the £11,520 can be invested in a stocks and shares …
Is your money going up in smoke?
A packet of 20 cigarettes costs around £7.72. If you smoke a pack a day and are thinking of giving up, you could invest around £2,817 a year and stop your money going up in smoke.
Investing for your future …
Count down to tax year end
As we move towards the end of this tax year we have an ideal opportunity to do the things we have been meaning to do all tax year, but never quite managed.
Almost everyone plans for Hogmanay on 31st December …
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
Although largely expected and good news for borrowers, this is not good news for savers.
If you are tired …
What is quantitative easing?
Quantitative easing (QE) is the Bank of England’s scheme to boost the economy by buying government debt. Essentially the Bank of England creates new money and uses it to buy loans to the UK government (commonly known as gilts).…