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The Coalition Government has now confirmed details of the long awaited savings plan analysts had been expecting since the withdrawal of Child Trust Funds (CTF) last year. The Junior ISA will be launched in November and will extend to under 18s the same tax benefits which parents (and all adults) already enjoy. Their exact structure[.....]
Equity markets in March were dominated by the earthquake in Japan and its repercussions although other events also served to drag them lower. After a short-lived rise at the start of the month, the markets had already started to drop as a result of the Middle East crisis before the earthquake hit on 11 March.[.....]
There has been only one story in Japan since the end of February – the earthquake and its aftershocks, both human and economic. Whilst news analysts have contemplated the human devastation, markets have focused their attention on the costs of the disaster, ie: the rebuilding, its effects on economy and the extent to which companies[.....]
The UK economy contracted unexpectedly during the fourth quarter of 2010 after activity was hampered by unusually wintry weather. According to final revised figures from the Office for National Statistics (ONS), the economy shrank by 0.5% over the quarter. This contraction came after the economy had unexpectedly grown by 0.7% during the third quarter and[.....]