The gap in pensions is expected to grow further in 2013, according to predictions by the financial advisor Bestinvest.
Hometrack the online valuation company, claims house prices are 10% higher in London than they were at the peak of the market. However, the new research claims that overall prices have fallen across two thirds of the country. They predict a national fall in prices of 1% in 2013.
The impact of social media and the necessary legal curbs to prevent its abuse has been in the headlines throughout 2012. We have witnessed a number of prosecutions for comments made on both Twitter and Facebook and those who have fallen foul on the limitations of free speech, enshrined in Article 10 of the European Convention on Human Rights have received some harsh sentences. In the middle of the year, Matthew Wood who was 20 at the time received a 12 week prison sentence for posting offensive views comments on Facebook regarding missing 5 year old April Jones. He was prosecuted under s.127 Communications Act 2003. Azhar Ahmed received a community sentence for derogatory comments claiming that British soldiers can die and go to hell, after the deaths of service personnel.
Buying a holiday home on the promise of high returns and occupancy rates may seem enticing, but there are risks for buyers who do not choose carefully. The ease which guests are connected to properties through online advertising portals offering and advertising properties and completing the cash transaction all at the click of a button have led many investors to enter this space.
UK citizens classed as 'neither old nor young' (NONY), appear in no hurry to settle down according to Bright Grey's Generation Now report. The need for independence seems low on the agenda for at least 5 million 25-40 year olds who class themselves as financially dependent.