View of the Day

The importance of financial education

How often do you meet someone at a party who declares self-deprecatingly, 'Oh, I’m useless when it comes to football/the Middle East/personal finances?' But whereas ignorance of the offside rule might be endearing, and confusio

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What would happen if member states left the euro?

•  The most realistic scenario for euro break-up is that one or more of the weaker
peripheral countries will leave the eurozone, introduce a new currency which then
falls sharply, and default on a large part of their government

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The industry must respond to Libor scandal

The revelation of attempts to manipulate Libor and other rates is truly shocking. Not just because of the impacts on financial contracts ranging from mortgages to derivatives. There is also a deeper reason.  

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The transition into adulthood

‘Money makes the world go round’, ‘money doesn’t grow on trees’, ‘do I look like I’m made of money’ – these are all too familiar refrains spouted by parents up and down the country to their offspring.

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The banking sector: to buy or not to buy?

If concerns about Europe and exposure to the amount of bad debt on European banks balance sheets weren’t enough for the banking sector to think about, the current furore surrounding the Libor fixing scandal isn’t likely to chan

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Beyond the Libor scandal

The current news flow in the financial sector is awful. London Interbank Offered Rate (Libor) is not some obscure financial product: it is close to the very centre of being a bank.

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Losing the will

It was reported recently that a son of a Derbyshire farmer lost an appeal over a promised inheritance of the family’s £1.2 million farm. The son was disinherited due to a falling out over the son’s choice of second wife.

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How to save money when buying foreign property

Buying property overseas can seem a daunting business. There are many challenges to contend with, from language barriers to unfamiliar red tape.

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Ignore interest rate predictions

Before 2007, when there was a long period of economic stability, people generally did not have a view on where the bank rate was headed.

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