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Thursday, June 17, 2021

A new Isa is offering tax-free returns of 12% – so what’s the catch?

The ‘innovative finance’ Isa is being hailed by some as the answer to years of miserable interest rates. We look at who’s offering them and how they work

Eight in 10 Britons rely on cash for everyday payments, report finds

Study says 97% of population carry coins or notes after report warned of cash’s demiseCash is still king across large parts of the UK economy, with more than...

Provident Financial needs to gets its skates on if it’s to save itself

An unwelcome bid from its former boss’s upstart rival could be short, sharp and painfulIn the unlovely world of subprime lending – a place of high interest...

Investors urge HSBC to stop bankrolling coal-burning projects

Bank urged to close loopholes allowing it to lend to projects in countries until 2023A group of powerful HSBC shareholders have written to the bank’s CEO, John Flint, urging him...

Trump’s tariff war pushes US trade deficit to 10-year high

Trade imbalance rose to $621bn in 2018 despite new tariffsDeficit jumped 19% in December aloneThe US trade deficit hit a 10-year high in December, dealing a blow to...

No-deal Brexit would plunge UK economy into recession – OECD

Annual growth will fall below 1% for first time in decade even with a deal, says thinktankA no-deal Brexit would plunge the UK economy into recession and annual growth will...

Goldman Sachs relaxes dress code for ‘more casual environment’

Wall Street bank makes firm-wide decision because of ‘changing nature of workplaces’Goldman Sachs has relaxed its dress code, allowing its bankers to swap their bespoke suits for a more...

UK cash system ‘on the verge of collapse’, report finds

Review predicts cash could fall to just 10% of all payments in the next 15 yearsMore than 8 million UK adults would struggle to cope in a cashless...

The IMF is certainly no ally of women

Emma Burgisser is sceptical of Christine Lagarde’s claims to have embraced women’s empowerment As head of the most powerful influencer on economic policymakers around the world, Christine Lagarde’s claims to...

A Beginner’s Guide To Cryptocurrency Investing

If you want to nail one of America’s current affairs, you might consider investing in the cryptocurrencies, if not anything else. The digital world of crypto could be your Millennial go-to place...

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