Taxman targets property profits

Home owners who have failed to declare their capital gains could soon be facing bills running into tens of thousands of Pounds.

HM Revenue & Customs (HMRC) is trawling Land Registry data to identify taxpayers who have bought and sold properties but failed to disclose disposals in tax returns, according to research by accountants UHY Hacker [...]

US home sales see steep drop in December

Sales of existing US homes fell 16.7% in December, according to the National Association of Realtors (NAR).

Sales had risen from September to November as first-time buyers took advantage of tax credits.

The decline in December was expected as buyers rushed to complete deals before the original 30 November deadline.

The first-time buyer tax credit has since been [...]

Credit cards you guide to unsecured loans in plain english

Credit cards you guide to unsecured loans in plain english What exactly is a credit card?How do credit cards work?Do all credit cards offer the same service?How do [...]

Credit Cards USA

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- More than 70 credit cards available from major card issuers, including:

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All Business Charge Foreign Poor Credit Pre-Paid Regular Reward – [...]

Credit Cards USA

Credit Cards USA- More than 70 credit cards available from major card issuers, including:

Just fill in the 5 boxes and see which company will give you the best rate for your requirements!

Card Category:

All [...]

Wall Street lower on gloomy data

US investors opt to take profits on release of disappointing data and as Bernanke warns that America must curb its budget deficit.

Gloomy housing sector data and continued layoffs led to a subdued Wall Street opening as investors played safe with their profits after a succession of session gains.

Investors were also reacting to a warning from [...]

US Government nationalises GM in Chapter 11 bond deal

The US Government will take a 60 per cent stake in General Motors (GM) as the carmaker files for Chapter 11 bankruptcy protection today, officials of the Obama Administration revealed.

President Obama said that the move would stop the company being broken up, as it prepared to make the world’s largest industrial bankruptcy filing.

The United Auto [...]

US Loans markets defy FED as Treasury yields spike

The US Federal Reserve Board (FED may soon be forced to launch fresh blitz of quantitative, or risk seeing economic recovery snuffed out by the latest surge in long term borrowing costs.

Yields on 10 year Treasury bonds have risen relentlessly since March when the Fed first announced its plan to buy $300bn (£188bn) of US [...]

US stress tests of banks a focal point for loan calculator

The results of the US banks stress testing is expected tomorrow after the markets in New York close- this is to be followed by a press conference from the Banks involved on Friday at which one would assume, they will argue their opposition to the findings.

Rumours and articles abound this morning concerning Bank of [...]

Loan Calculator radar set on Thursday’s ECB rate decision

Last month the European Central Bank (ECB) surprised the markets by only cutting interest rates by 25 basis points to 1.25%- a record low but when compared against the UK interest rates of 0.5% and against the US of 0-0.25% then comparatively still high in the current global climate.

The market wanted to see more [...]

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