Split capital investment trusts, often called 'splits', are a type of investment fund that divides its assets into different classes…
A repayment mortgage, also known as a capital and interest mortgage, involves paying off both the loan's capital and the…
The primary discount rate is the interest rate at which commercial banks can borrow money directly from the central bank.…
Explore the Pound Sterling (£), the official currency of the United Kingdom. Learn about its history, denominations, economic significance, and…
The Nikkei 225 is a stock market index for the Tokyo Stock Exchange. It comprises 225 top-rated Japanese companies, serving…
The New York Stock Exchange, or NYSE, is a prominent global stock exchange. It facilitates the trading of stocks and…
Negative equity occurs when the value of an asset, like a house or car, is less than the outstanding loan…
An income statement, also known as a profit and loss (P&L) statement, reports a company's financial performance over a specific…
A final salary pension scheme, also known as a defined benefit pension, guarantees a retirement income based on your salary…