Putting your money into a best-buy savings account can frequently give you a better return than buying shares, according to a major new piece of research looking at the performance of savings and investments since 1995.
Suppose I offer you a bet on the toss of a (non-rigged) coin. If you win you get £100, if I win you give me £1. Would you take the bet? Of course you would.
Bank of England governor Mervyn King warned of "a choppy recovery" for the UK economy today as he braced households for slower growth and stickier than expected inflation.
Former investors in nationalised lender Bradford & Bingley (B&B) should receive no compensation for their shares, the independent valuer of the stricken business has said.
Investors who buy and sell shares via stockbroker Hoodless Brennan (HB), without receiving investment advice, must act fast to continue trading and maintain their cheap rates.
30 June 2009
Suggest a story
Got a money-related news story that affects you? Email us