Banks rescue package: will they start lending again?

January 19, 2009

Melanie Bien, director, Savills Private Finance, is a guest commentator. The opinions expressed in this commentary are her own.

Pre-budget report: what it means for personal taxes

November 25, 2008

Here is a guide on what the pre-budget report means for personal taxation by accountancy firm BDO Stoy Hayward.

You know things are bad when..

October 10, 2008
    You know exactly what the population of Iceland is and can also pronounce the name of its prime minister. Even the word ‘crisis’ seems to have lost its currency. Countries pop up for sale on eBay for 99p and get few offers. Posters on BBC messageboards stop discussing the undulating pitch of Robert Peston’s voice and listen to what he’s actually saying. The speech bubble on Page 3 of the Sun is given over to discussing the credit crisis. Financial market updates displace stories about Jade Goody on the tabloid front pages. Bad news stories from government departments are rushed out day after day and not even the Opposition seems to notice. Estate agents finally admit house prices have fallen but tell you now is a really great time to buy because the market is stabilising. People marketing get-rich-quick property seminars don’t get taken seriously any more. The Chancellor, writing in the Financial Times, says that “now, more than ever, we need new ideas”. Your primary school-aged children know that credit crunch is not a type of biscuit and that IMF isn’t just a fictional organisation in Mission Impossible. You go for a while without noticing one estate agent’s mini and then you see a whole bunch of them on the back of a car transporter. A pensioner on the evening tube train from Canary Wharf gives up her seat to a banker because she reckons he might need it. The Ivy rings to ask if you’d like a table tonight or any night. There are no spare trolleys when you turn up at Aldi to do your weekly shop.

Do you have any better suggestions? All contributions welcome – please send in your selection.

Tuesday’s headlines

April 22, 2008

mail-pic.jpgHere is a round-up of Tuesday’s headlines:

DAILY MAIL: Father of Four Taken to Court and Fined…Because he Overfilled his Wheelie-Bin by Just Four Inches

The little white lie that could spell financial ruin

March 26, 2008

cash.jpgA little white lie never hurt anyone, right? Wrong: it could have serious financial implications for your future. A growing number of people are getting into financial difficulty at a younger age and are then telling lies on applications forms to obtain credit, insurance and other products, according to CIFAS, the UK’s fraud prevention service.