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Latest Alternative Investment company news
Money education charity Credit Action has published its Debt Statistics for December, a monthly release detailing the level of debt in the UK.
Key statistics from the release, which shows month-by-month trends, include:
£55,808 is the average household debt (including mortgages)
£29,539 is the average amount owed by every UK adult (including mortgages)
£174m is the personal interest paid in UK daily
£15.68m of loans are written-off every day by banks & building societies
Every 14.28 mi... [more]
Last week, on 23rd november, Bank of England released the minutes of the Monetary Policy Committee (MPC) meeting held on the 9th and 10th November 2011 showing a unanimous vote in favour of keeping the base rate on hold at 0.5%, unchanged from the previous month. Furthermore, every member of the committee voted in favour of holding the level of asset purchases steady at the previously agreed £275 billion.
The MPC's central view continues to be that inflation will fall sharply by the end of 2... [more]
The number of business owners prepared to consider an MBO has tripled in the last three years, as entrepreneurs have had to consider all options in a difficult economic market according to new research by Coutts.
However, most entrepreneurs will only instinctively sell their business to their own management team as a last resort, although those that have been through a management buyout (MBO) say it is the best way to exit a business. The research was launched on the 17th of october in a... [more]
Over the last ten years, investors in the finest vintages have watched prices sky-rocket. Many have called it the investment of the decade. Others have celebrated 800% plus gains on their treasured purchases.
At a time when the mainstream financial markets are in turmoil, wine offers consistently strong returns outperforming other traditional assets and investments. It has many advantages over other forms of investments including being stable, Capital Gains Tax exempt, easily realisable, cons... [more]
The Japanese earthquake and tsunami are likely to have a significant impact on the world economy. 20% of Japanese nuclear capacity is likely to be out of action for the immediate future. This would reduce power output by 6% which in turn should reduce GDP by 2%. Since growth was previously forecast to be 1½% this year, expect a fall in GDP for Japan of about 1% this year.
For the world economy, as Japan accounts for 8% of world GDP, cebr estimates that world GDP growth is likely to be about 0... [more]
According to the latest forecast from the Centre for Economics and Business Research (Cebr), after recording year-on-year growth of 6.4% in 2010, the housing market recovery will stall in 2011, leaving house prices 1.7% lower compared to last year.
Anaemic growth in disposable incomes and higher unemployment throughout 2011 will cause house prices to fall, particularly in regions most vulnerable to public sector cuts. However, affordability for first-time buyers will reach an 8-year high in 2... [more]
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