[ Wages have increased to their highest level in almost two-and-a-half years, according to official figures, raising questions about whether the Bank of England will press ahead with an expected cut to interest rates this summer. The latest numbers from the Office for National Statistics (ONS) show average regular pay, excluding bonuses, stood at 6 … Read more
[ The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks rose ahead of a key U.S. inflation reading. Markets were largely rangebound ahead of Friday’s much-anticipated U.S. core personal consumption expenditures (PCE) … Read more
[ In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at [email protected]. Question: … Read more
[ Year Created: c.600 BCE Country of Origin: Lydia, Western Asia Metal Used: Electrum The Lydian lion was the first coin in the world and the origin of coinage. The coin was minted by the kingdom of Lydia, which was located in modern-day Turkey and was known for its rich deposits of electrum, a natural … Read more
[ In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at [email protected]. Question: I’m about to … Read more
[ House prices reached a nine-month high in December, reaching £287,105, according to the Halifax house price index. The average price of a home rose by 1.1 per cent last month, the third monthly consecutive rise and means house prices rose by 1.7 per cent, or £4,800, during 2023. This beat previous expectations that house … Read more
[ Dear Rocio, What needs to be done to simplify the pension system for savers? Name and address supplied. Rocio says: My husband is going to be getting an extra Christmas gift this year, but I’ll not share what it is in case it ruins his surprise. As I was wrapping presents I remembered that … Read more
[ SYDNEY/LONDON: Shares and bonds on Friday globally continued to bask in the glow of Wednesday’s Fed meeting, with MSCI’s world share index set for a seventh straight winning week, its longest run in six years, and the benchmark 10-year Treasury yield below 4%. Europe’s broad STOXX 600 benchmark traded at a 23-month high, up … Read more
