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Image source: Getty Images In the UK, individuals can open a Stocks and Shares ISA from age 18, with an annual allowance of £20,000. Over 13 years — by age 30 — that’s a potential £260,000 in contributions. Even with strong returns, that alone likely won’t reach £1m. In fact, it would require 20% annual returns to hit £1m in time — that’s incredibly hard to achieve over the long run. But starting earlier changes everything. While a child can’t open an ISA themselves, a Junior Stocks and Shares ISA can be opened by a parent or guardian from birth. Once the…

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Net Rental Income (NRI) Growth: 5.2% growth in the first half of 2025. Retail Occupancy Rate: Maintained at 95%. Average Rent per Square Meter: Increased by 3% to 25.8 per square meter. Net Fair Value Gain: 34.3 million, primarily driven by improved cash flow in key assets. Debt Repayment: Over 750 million repaid in loans and debt in the first six months. New Green Bond Issuance: 100 million issued in April 2025. Net Rental Income for the Quarter: 53.3 million, 1.4 million below the previous year’s second quarter. Like-for-Like NRI Improvement: 6.8% on a quarterly basis. Property Valuation Gain: 33.55…

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Image source: Getty Images I’m a huge fan of earning money by doing nothing, even while I sleep. Therefore, I have a solid strategy to build up my family’s passive income over time. Passive income is earnings that come other than from working. Obviously, some forms of income require effort, such as managing and letting out properties. Other sources — such as putting money in savings accounts to earn interest — are more of a ‘fire and forget’ option. However, I don’t keep large sums on deposit, because I know no-one who got rich going down this road. Instead, my…

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Image source: Getty Images Opening a Stocks and Shares ISA for a child at birth or a very young age could be one of the most powerful financial gifts a parent or guardian can give. With time, consistency, and the power of compounding, even modest monthly contributions have the potential to grow into a substantial sum. This could possibly even making that child a mid-life millionaire. In the example below, just £300 a month — totalling £3,600 a year — is invested from birth. Assuming a 10% annualised return, the ISA portfolio grows steadily year after year. By age 18,…

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This week we’re joined by Emily LaFlamme of the Center for Neighborhood Technology in Chicago. Emily chats about the Elevated Works technical assistance program that helps developers bring equitable transit-oriented development to life.Scroll past the audio player below for a partial edited transcript of the episode — or click here for a full, AI-generated (and typo-ridden) readout.Jeff Wood: So let me hear more about the technical assistance program. ’cause I found that one of the most interesting things about what you all been doing.Emily Laflamme: for the last two and a half years, we’ve been running a technical assistance program in partnership with the City of…

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The draft standard, which falls under Article 6 of the Paris Agreement, also known as the Paris Agreement Crediting Mechanism (PACM), was published with a call for written input by the UN Framework Convention on Climate Change (UNFCCC) on 15 July. Submissions for the standard, titled Addressing non-permanence / reversal, closed on Monday.The International Emissions Trading Association is the latest to express concern over the draft standard, saying that it contains “a number of serious issues, including misrepresentations, ambiguities, incorrect definitions, false dichotomies, and a lack of clear structure.“If approved in its current form, the standard would effectively exclude all land-based (carbon removal) activities from…

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The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.47%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their…

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