YOUR MONEY
Resources
Principal content
Matthew Vincent: We are all oil barons now
What do Tony Hayward, Jim Ratcliffe, Tony Woodley and investors in a FTSE 100 tracker fund have in common? In the case of the first three, arguably not enough. But all four have found that they have a lot more invested in oil than they originally thought.
Death of advisers is no tragedy
This week, the Financial Services Authority wrote its own version of Death of a Salesman. It proposed that only individuals who recommend financial products from across the whole market can call themselves “advisers”. And this is a lot less of a tragedy
Matthew Vincent: Avoid the gridlock in a new convertible
Why are U-turns inevitably “humiliating”, “damaging” or “panic-induced” when performed by politicians and chief executives of FTSE 100 companies, but generally deemed prudent (if often illegal) manoeuvres when pulled off by cab drivers?
Matthew Vincent: Time flies but houses sink
The latest taxpayer-funded scheme to let banks rebuild their balance sheets will do little to restore fair value to equity or mortgage markets. The only compensation for borrowers - who get no state help - might be to cash in on banks’ profits
Matthew Vincent: Bank fiddles as market burns
I'm not sure I need to bother writing this column this week. Instead, I'm thinking of asking a former journalist to lead a working group that will review conditions on page 4 of FT Money , and report back at the end of the year.
Matthew Vincent: Bank fiddles as market burns
I’m not sure I need to bother writing this column this week. Instead, I’m thinking of asking a former journalist to lead a working group that will review conditions on page 4 of FT Money, and report back at the end of the year.
Matthew Vincent: How to play the waiting game
As Vladimir and Estragon spend two acts proving in Beckett’s Waiting for Godot, it’s all too easy to wait for a better offer that never turns up. And, as a property owner or an equity investor, you may know this feeling of indecisive paralysis all too well.
Sharlene Goff: Little choice over nooses
The government’s motto may be that a mortgage is for life, not just for new homes, but lenders and brokers think differently. They say long-term mortgages are inflexible, expensive and out of sync with modern day living.
Matthew Vincent: Playing hell with taxation
Lust, gluttony, avarice, sloth, anger, envy and pride. You may recognise these as the seven deadly sins. This week, drinking, smoking, driving big cars and using plastic bags were singled out by Alistair Darling, chancellor of the exchequer, as the taxable deadly sins of 2008-09.
Matthew Vincent: Time to import a good idea
American problems quickly become British problems – as UK investors and homebuyers are all too aware. We have seen relaxed monetary policy fuel a housing boom and credit binge on both sides of the Atlantic, resulting in record levels of indebtedness, historically low household savings ratios, and stricter mortgage-lending criteria that lock out first-time buyers.
CLASSIFIED