One unexpected upside from a “Hard(er) Brexit” may be cheaper giant Toblerones. But will this be enough to compensate airline investors for suddenly cheaper shares? Last year, the triangular chocolate bars conspicuously sold at airports became...
Read morePensions freedom has not liberated retirees
When George Osborne, then the UK chancellor of the exchequer, decided that from 2015, those aged over 55 could take much more of their pension in cash, there was a chorus of warnings from experts. The move was likely, they said, to lead to...
Read moreShell sells stake in Irish gas field to help cut debt
Royal Dutch Shell has raised a further $1.23bn in support of its debt-reduction drive with a deal to sell its stake in Ireland’s Corrib gas field to a Canadian pension fund. The Anglo-Dutch group will hand its 45 per cent share of Corrib to...
Read moreRetired businessman wins equal pension benefits for husband
A retired businessman has won equal pension benefits for his husband in a ruling by the UK’s highest court that could have far reaching consequences for the pensions industry. John Walker, 66, brought his case to the Supreme Court in an attempt...
Read moreMarkets Live: Wednesday, 12th July, 2017
11:01 am Hiya — welcome to Markets Live Suppose this fella deserves to be our pic of the day 11:02 am (Sorry bear with, tech snafu) 11:03 am Alf Göransson, of course 11:04 am It was used for a loan application and then a bankruptcy...
Read moreIAG calls for EU to relax ownership laws as Brexit concerns mount
International Airlines Group has pleaded for the EU to overhaul its “arcane” airline ownership laws, which rivals and analysts warn could force the owner of British Airways and Iberia to buy out a quarter of its shareholders or risk being broken...
Read moreFCA says ‘intervention’ may be needed after pension freedoms
The City regulator has said it will investigate whether over-55s moving their retirement cash into pension drawdown products are making unsuitable investments or being stung by high charges. The Financial Conduct Authority on Wednesday identified...
Read moreJapan’s foreign bond buying influenced by currency swings
To a Japanese bond investor, the world truly is flat. Not only in the sense that they can invest around the world at the click of a button, but that the choices available to them have become extremely compressed. For instance, benchmark bond...
Read moreBT AGM set to bring stormy start for new chairman
July 12, 2017 by: Nic Fildes, Telecoms Correspondent Jan du Plessis will endure a torrid introduction to his tenure as chairman BT of on Wednesday as he faces shareholders at the annual meeting after a run of problems at the UK telecoms company...
Read moreMarkets Live: Tuesday, 11th July, 2017
11:01 am Hi there. Welcome to Markets Live It may just be me, but it suddenly feels rather Tinhat ish This bond sell of has been rumbling on — and not really affecting equites 11:02 am But suddenly it is, perhaps That’s the German 10...
Read moreDoes my property qualify for woodland IHT relief?
I am now in my early 90s and I am making plans to transfer assets to my two children. My biggest asset, which accounts for most of my wealth, is my home. This is a four-bedroom property in almost 100 acres of woodland. The size of the surrounding...
Read moreThe myth of the German jobs miracle
Christian Odendahl is one of the finest analysts of the German economy writing in English. So it’s worth your time to closely read his review of the country’s labour market reforms of the early 2000s, sometimes called “Agenda 2010” or the “Hartz...
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