Finance Daily Newsletter - January 2007
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Interest rates rise to 5.25% - highest level since May 2001!

Due to the continued high performance of the UK economy and higher than expected salary increases for January - averaging at the upper end of three to four per cent - the Bank of England Monetary Policy Committee (MPC) has decided to increase base interest rate levels to 5.25% for January. The decision was made following the announcement that consumer price inflation has risen to 2.7% - the highest level in more than a decade. Read On

Today's interest rate rise aside, this month we also take a look at all new REITs - Real Estate Investment Trusts - and ask if commercial property can still offer great returns; tips to combat ID theft; and house price predictions for 2007. Plus, as the January tax-deadline looms, tips on how to pay-less tax and advice on how to file your tax return online!


Money Features

The REIT Stuff: Real Estate Investment Trusts (REITs) promise to be a tax-efficient way to invest in commercial property. But are they worth it?

Personal Account Q&A: Find out what the government's proposed new 'compulsory' pension scheme - personal accounts - will really mean for you.

Pay Less Tax: No matter how financially savvy you think you really are, there is always something you can do to limit the amount of tax you have to pay.

10 Top Stocks for 2007: Analysts at Charles Stanley, one of the UK’s leading independently-owned stockbroking groups, select ten companies to watch over the next twelve months.

Your Investment Portfolio: Gilts, corporate bonds and other fixed interest investments are often overlooked as 'boring.' But, finance expert James Norton argues, every portfolio should hold them.

House Price Predictions: Interest rate rises have done nothing; mortgage lending is at its highest level ever and City bonuses are likely to have a knock-on effect across the country in months to come: so, what does the future hold for the housing market in 2007?

Tips to Combat ID Theft: Having your identity stolen can be a nightmare, both emotionally and financially. Follow our advice to make sure it doesn’t happen to you.

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Money News

What money stories caught our eye this month..

File Your Tax Return Online to Beat the Fine: With the self-assessment deadline falling at the end of January, filing your tax return online is the best option for the time-pressed self-employed.

Buy-to-Let Confidence Remains High: According to a recent survey of landlord’s confidence in the buy-to-let market remains high for 2007.

The Future of Lending: Slower growth and more debt will characterise the future of the UK's burgeoning lending industry in 2007, a leading new report claims.

Card Holders Switching to Cut Costs: Despite a decline in the availability of zero per cent interest deals, people in the UK are continuing to switch credit cards.

To view the latest personal finance and money news, Click Here

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