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Stockmarket crisis
Could low share prices be an investment opportunity?
BBC Radio 4's Money Box was broadcast at 1204 GMT on Saturday, 1 February, 2003.
Investment options The FTSE 100 recently fell an unprecedented 13 days in a 15 day period. And stockmarkets around the world are waiting to find out whether there will be war in Iraq. What should investors be doing in the meantime, and what will happen to the markets if war is declared? We discussed whether low shares prices were an investment opportunity with:
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Complaint handlers The Financial Ombudsman is concerned about the increasing number of commercial complaint firms now targeting victims of financial products mis-selling. Louise Greenwood looked at whether the complaint handlers are helping people or taking advantage of them.
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Lloyds TSB current account Lloyds TSB has launched a new range of current accounts offering up to 3.2% interest on credit balances. We asked Tony Gibbons, Head of Current Accounts and Savings at Lloyds TSB, if the bank is bowing to the pressure from competitors offering better current account deals.
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Credit laws The biggest shake-up of credit laws in 30 years has been announced. We asked Melanie Johnson, Minister for Consumer Affairs, whether the changes will stop irresponsible lending.
Cash ISAs Bristol & West has launched a new fixed rate cash ISA at 4.35 per cent for one year. After the recent stock market falls, cash ISAs seem one of the best alternative safe haven investments. IFA Robin Baker of Chase de Vere explained the rules of cash ISAs, and suggested some of the best deals.
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Presenter: Paul Lewis |
From BBC Business News
Internet links:
The BBC is not responsible for the content of external internet sites Links to more Moneybox stories are at the foot of the page.
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