Citywire - Personality Finance

The latest news from the finance industry.

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Dec 5 The tax man cometh for the buy-to-let evaders

In the past four months the Revenue has launched 7,371 informal investigations into buy-to-let landlords whom it thinks may have underpaid tax.

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Dec 4 What about the savers?

While much will be made of today's interest rate cut and whether it will be passed on in full to mortgage borrowers, little is said about the many millions more savers.

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Dec 4 Struggling against spiralling bank charges

One man's story illustrates just how badly the banks penalise those least able to deal with financial setbacks.

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Dec 3 Base rate tipped to match all-time low on Thursday

Economists say interest rates could be brought down by 100 basis points on Thursday as the Bank of England moves to tackle the recession.

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Dec 3 No middle ground in escape from the crunch

Awash with cash from recent record oil prices, the Middle East was expected to provide protection from the credit crunch, however, the region has come unstuck as the downturn turns global.

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Dec 2 Mortgage rates will not come unstuck

Even if the Bank of England cuts the base rate again this week, it is unlikely to have much impact on rates charged to new borrowers and those looking for a remortgage.

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Dec 1 Five ways to take advantage of the credit crunch

The recession could present a good opportunity to mitigate the costs of inheritance and capital gains tax for those wishing to pass assets onto the next generation.

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Nov 30 Time to swat up on pensions

About 10 million people don't get a pension contribution from their employer. But this is set to change.

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Nov 29 Playing the waiting game

The odds are still stacked high for many. But what is next for the housing market?

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Nov 28 A property market built on sand

Investors trying to walk away from the ailing Dubai property market are being severely stung.

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