POUND Sterling is trading within very similar ranges as this time yesterday ahead of the release of public sector borrowing data and after Europe sealed a deal for Greece. Risk appetite is continuing to aid sterling, which is reflected in the price particularly against the USD. Public sector borrowing data is forecast to show a [...]
Tags: Deal
In May of last year I moved from Amsterdam to this wonderful country to write this blog about the world of finance. I like it here and now I want to give something back. I have therefore decided to solve one of the UK’s pressing problems. The Joris Luyendijk banking blog Anthropologist and journalist Joris [...]
Recently, I’ve been fine-tuning my estate plan. I’m also toying with longer-term CD and bond maturities to improve yields. This has me investigating what happens if I (now 65) die before my investment matures. I don’t want my estate or payable-on-death beneficiaries stuck with the interest rate and/or market value risk. I want them able [...]
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Tags: Credit Union, Union, Velocity Credit, Velocity Credit Union
POUND Sterling has regained recent loses against the Euro but remains low against an in demand USD, moving near to an 18 month low. The pound along with the Euro, remains vulnerable to a big reduction in investor appetite for risk as pressure mounts from rating agencies on Euro zone nations. There is no UK [...]
Tags: Euro