News about Charles Stanley

How YOU can cash in on the stock market 'feeding frenzy': These ten UK companies are ripe for a takeover bid

www.dailymail.co.uk, May 7, 2024
They have been described as sitting ducks: UK-listed companies that really ought to be more highly valued and are therefore ripe for being picked off by cash-rich foreign predators. For private investors, picking the right takeover target can mean a quick profit, as bidders normally have to pay well above the current share price to win control. And the bids have started coming thick and fast with every few days seeming to bring a new swoop for an unloved stalwart of the London stock market.

We're financial experts and this is how you can grow your wealth in the new tax year

www.dailymail.co.uk, April 29, 2024
Investors are urged to beat the end of tax year deadline, but once a new tax year rolls around it's also important to act early. This new tax year brings not only fresh Isa and pension allowances, but also a further tax raid on investors, a tweak to child benefit removal that could boost working families' income and new Isa rules. We asked Charles Stanley Direct's experts Lisa Caplan and Rob Morgan to explain what you need to know.

I'm an investment professional and this is where I am investing my Isa

www.dailymail.co.uk, March 25, 2024
With the close of the tax year, it is time for investors to consider using any of their remaining annual Isa allowances. Charles Stanley Direct Financial Planning, David Kell, discusses what he's doing with his Isa and claims that starting early is better than leaving things late.

John Lewis back in profit but STILL struggling to keep up with rival M&S

www.dailymail.co.uk, March 14, 2024
The Waitrose and John Lewis department store chain, led by chairman Dame Sharon White (pictured), made £56 million for the 12 months to January, after suffering a loss of £234 million a year ago. It was the first profit since the pandemic outbreak, but it came at a modest increase in revenues of 2% to £10.8 billion.

Why you might need to sell some of your investments now: How to cut your tax bill with a Bed & Isa

www.dailymail.co.uk, February 26, 2024
Investors may want to protect their funds in the event of a tax raid. The tax-free amount that investors can earn in both profits and dividends in any one year will be reduced again starting at the start of the new tax year on April 6, 2024. However, they can be placed in a tax-friendly shelter by selling investments and buying them back within a Stock & Shares Isa.

A FIFTH of small businesses turn to Bank of Mum and Dad for start-up help

www.dailymail.co.uk, January 8, 2024
Young buyers have long been aided in their quest for a helping hand with the property ladder by the Bank of Mum and Dad. However, now it seems that the 'bank' is expanding into business loans, as entrepreneurs more often look to their parents for assistance. According to new wealth management Charles Stanley's report, a quarter of UK startups are initially funded by inheritance and a further 19% by cash from parents.

Will the Magnificent 7 make investors richer in 2024?

www.dailymail.co.uk, January 6, 2024
If your pension or investment account increased in value last year, you may be tempted to praise your own stock and fund picking prowess as well as an overall increase in financial markets. However, there is also a chance that you owe a substantial share of your company's rise to just seven companies. These seven children are now so valuable - and saw such dramatic growth in 2023 - that they have been designated the Magnificent Seven. They are all tech companies and household names: Apple, Amazon, Google parent company Alphabet, Facebook-owner Meta, Microsoft, Nvidia, and Tesla.

Four investment trends for 2024 have been identified by experts, from Isas to Premium Bonds

www.dailymail.co.uk, December 27, 2023
It has been an amazing year for savers, who have had some of the highest savings rates since 2008. Saving experts predict that the savings market will grow or continue in 2024, from a cash Isa explosion to cash platform launches.

As inflation falls to 4.6 percent, the city is secure in its optimism peak

www.dailymail.co.uk, November 15, 2023
According to city analysts, the UK interest rates have now peaked after softer-than-expected inflation in October has denounced hopes that the inflation cycle has had the desired effect. Following evidence of a tighter labour market, decreasing wage rise, and weaker economic growth, a softer inflation print has boosted hopes that the BoE will continue with up to three rate cuts next year.

In 2024, wages will start to decline, fueling expectations for interest rate cuts

www.dailymail.co.uk, November 14, 2023
The Bank of England is hoping that signs of falling inflationary pressures will fuel calls for looming interest rate cuts, while the city is hoping that signs of slowing wage growth will be welcomed by the Bank of England. The figure rises above consumer price inflation, which stood at 6.7 percent in September, but it adds to a bleak economic outlook and a softer labour market as proof that BoE's base rate increasing cycle is having the desired effect.

Charles Stanley Direct becomes latest investment firm to launch a savings platform

www.dailymail.co.uk, November 2, 2023
Charles Stanley Direct is the most recent provider to announce a savings platform. Bondsmith and savers can open an account with a minimum investment of £1. Over the past few months, a slew of companies have launched savings pages, including over-50s specialists Saga and Savings Champion.

As inflation stays stagnant, Bank of England bets as bank rates remain unchanged

www.dailymail.co.uk, October 18, 2023
Inflation fell in September as expected, but analysts do not expect that persistent cost pressures will push the Bank of England into another interest rate hike next month. It comes after the BoE's last Monetary Policy Committee meeting in September, when the bank brought an end to 14 rate hikes in a row at 5.25 percent.

Six steps to do an annual health check on your investments

www.dailymail.co.uk, September 7, 2023
At least once a year, you should perform a complete health check on your investments, ideally at the same time to maintain continuity and build up a strong track record. However, be aware that if you overdo it and check too often, you may be tempted to make little improvements and rack up extra costs. So what is the best way to review your portfolio? Here's a look at our guide.

Charles Stanley's money coaching sessions cost £150 an hour

www.dailymail.co.uk, June 29, 2023
Start with a free 15-minute call to discuss your financial planning with a licensed financial planner, then choose if you want a more in depth video call at a set hourly rate. For £750 plus VAT, the OneStep Financial Planning service will be available alongside the firm's OneStep Financial Planning 'hybrid advice' service. We take a look at what the latest coaching sessions look like, what other money help is out there, and what to do before investing for financial assistance or assistance.

What the interest rate rise means for your mortgage and savings

www.dailymail.co.uk, June 22, 2023
In the Monetary Policy Committee's latest attempt to combat stubbornly high inflation, the Bank of England has risen base rate to 5 percent. We'll discuss why the Bank of England is raising interest rates and what it does for your mortgage, investments, and the wider economy.

When cash pays more, should you save or invest?

www.dailymail.co.uk, June 22, 2023
And long-term investors are more likely to be scouring the best buy savings rate tables right now. When compared to investment risks, guaranteed savings returns will be more palatable. However, research shows that stock market investments are still likely to outperform if you are tying up your money in the financial markets for ten years or more. In a time of persistent inflation and high interest rates, we round up expert advice on how to position your investment portfolio and make your cash holdings more profitable.

What the base rate has risen to 4.5 percent for your mortgage and savings

www.dailymail.co.uk, May 11, 2023
In the most recent attempt by the Monetary Policy Committee to combat inflation, the Bank of England's base rate has increased to 4.5 percent. The decision marks the bank's 12th base rate increase since December 2021, resulting in the country's biggest jump since 1989 - a change of 4.4 percentage points over 18 months.

Since selling them on eBay, Charles Stanley's grandson's grandmother's personal possessions have been returned to him

www.dailymail.co.uk, May 9, 2023
The Stanley family has returned the late pastor Charles Stanley's personal items, which his grandson had attempted to sell on eBay. Matt Brodersen, 29, came under fire for attempting to sell off his grandfather's engraved pocket watch bearing the initials 'CFS' for 'Charles Frazier Stanley'. An anonymous purchaser bought the items that contained a framed portrait of the pastor and some coins solely to return them to their families.

Pastor Charles Stanley's grandson is being chastised for selling items on eBay

www.dailymail.co.uk, April 28, 2023
Matt Brodersen, pictured left, sparked controversy after attempting to sell possessions that had once belonged to his late grandfather, renowned pastor Charles Stanley, just weeks after his death. In a widely circulated video, he said the decision to cash in came after the late-pastor's death earlier this month, aged 90, when relatives were able to 'grab some of his stuff'. According to an eBay listing, a portrait of the pastor is now auctioned for $1000 dollars, while a pocket watch is selling for at least $830.

Food prices are on the rise at their fastest rate in 45 years

www.dailymail.co.uk, April 19, 2023
The most recent inflation estimates from the Office of National Statistics show that overall consumer prices index inflation increased by 10.1% in March, down slightly from 10.4% in February. However, the overall 10.1% inflation rise masks the fact that food costs are rising at a much faster rate than anything else, with a 19.1% rise.

How to choose your investment strategy here is compared to regular or lump sum investment

www.dailymail.co.uk, April 14, 2023
You don't have to try the most awaited tactic. However, be aware of the new market conditions, how much money you have to invest, how long, and your risk tolerance. The financial markets have been tumultuous of late, making purchasing a substantial sum much more difficult than normal. However, money experts claim that if you intend to remain invested for a long time, it is better to get your money into the market immediately.

How to find out if you're owed a pension tax refund - and claim the money back

www.dailymail.co.uk, April 4, 2023
These refunds are so little known and understood that new analysis revealed that some of the UK's top paid employees earned out on a staggering £1.3 billion between 2016 and 2021. If or not you are owed a pension tax relief refund depends on your income, pension contributions, and what kind of pension plan you are following - read our seven-step guide to claiming it here.

How do you plan your finances for a travelling career break?We asked money experts

www.dailymail.co.uk, April 4, 2023
You may be looking forward to taking a week or two off work for a trip to warmer climates or a thrilling journey. But what about taking a longer break - perhaps a few months, or even a year? Staff sabbaticals are now being given as a reward for long service, but travel time can be prohibitively costly. We talked to wealth planning experts to find out what you should do about when planning your dream trip and what an impact a mid-career break could have on your future finances.

According to JEFF PRESTRIDGE, Ignore Isas is in danger financially

www.dailymail.co.uk, April 1, 2023
Thankfully, even though the country's budget and our own remain stretched, we have a government that supports saving. It does this by giving us generous tax breaks on income we shovel into our company or personal pension. In addition, it helps us to accumulate funds in an Individual Savings Account, which is similar to a tax-free wrapper. Although most of us are automatically enrolled in a pension scheme, the same hand-holding doesn't extend to Isas.