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Best Cash ISA for End of Tax Year Last Chance / Personal Finance
Whilst George Osbourne prepares to mask Budget 2012 tax rises by means of the stealth Inflation tax on indexation of allowances, against which one of the primary ways savers have to protect the value of their wealth against inflation theft is via Cash ISA's, for which the deadline deadline for utilising 2011-2012 allowances is imminent (5th April 2012) therefore this is your last chance to use it or lose.
The market interest rates have been continuing a trend towards normalisation which is resulting in a uptrend in interest rates as the market is further breaking away from the UK base interest rate of 0.5% that to all intents and purposes is irrelevant for all UK retail customers where even the best mortgage rates charged can be at least eight times higher and now the same holds true for the ISA market as new fixed rate ISA's illustrate.
How Protect Your Bank Deposits, Savings From Collapse of Euro-zone Financial Armageddon / Personal Finance
The Governor of the Bank of England, Mervyn King, woke up form financial paralysis to warn UK Banks to prepare themselves against the risks of a collapse of the Euro-zone by forgoing annual bonus payments (based on fictitious tax payer funded profits) and instead shore up their capital against the wave of defaults and bankruptcies both banking and commercial that would follow a collapse of the Euro-zone.
"The crisis in the euro area is one of solvency and not liquidity
And the interconnectedness of major banks means the banking systems and economies around the world are all affected.
Savers Protect Your Deposits From Bankrupting Banks and Quantitative Inflation / Personal Finance
The Euro-zone continues to teeter over the edge of the financial abyss as bankrupting countries that cannot print Euro's threaten the collapse of its banking system that would would soon collapse the whole global banking system in a matter of hours as electronic bank runs sweep across the worlds financial system resulting in trillions of dollars worth of deposits being withdrawn in a matter of hours and thereby collapsing first the Euro-zone and then within 24 hours the UK, USA and Asia along with it. My recent article (Euro-Zone Prepares to Print Trillions in Advance of Greece Debt Default) covered the potential consequences for the world in the event of financial armageddon, this article continues on from the last article that covered the inflationary depression consequences of money printing that the likes of Britain and the United States are engaged in and that the Euro-zone WILL eventually replicate (Bank of England's Quantitative Inflation Bankster's Paradise Inflationary Depression Economy ).