News in Review

‘The Committee judges that UK inflation expectations remain well anchored’ Last week, the Bank of England’s Monetary Policy Committee (MPC), unanimously voted to maintain base rates at an all-time low of 0.1%. In a statement released on Thursday, the MPC shrugged off concerns over a pick-up in inflation, saying its expectation is that ‘the economy […]

News in Review

“There is pent-up demand and ambition across many sectors” Last Friday, the Confederation of British Industry (CBI) published its latest economic forecast, which predicts UK GDP growth is set to bounce back to pre-COVID levels by the end of the year, despite the four-week delay in lifting all lockdown restrictions. The industry body said the […]

Could you be invalidating your home insurance without realising?

Home insurance may not be a legal requirement, but it’s essential if you want to protect your belongings against theft or damage. Avoid invalidating your cover Even households that have cover in place need to take care to ensure they don’t accidentally render their policy worthless. Although many householders are aware that actions such as […]

News in Review

‘Shared beliefs and shared responsibilities are the bedrock of leadership and prosperity’ The G7 Summit in Cornwall dominated headlines over the weekend, with leaders of the ‘Group of Seven’ (UK, US, Canada, Germany, France, Italy and Japan) meeting to discuss global worldwide issues, including vaccination programmes, economic recovery and climate change. The Prime Minister hosted the […]

News in Review

‘We will continue to work together to ensure a strong, sustainable, balanced and inclusive global recovery that builds back better and greener from the COVID-19 pandemic’ Ahead of the G7 Summit in Carbis Bay, Cornwall, later this week, where leaders from some of the world’s most influential countries are meeting to discuss major global issues, several Finance Ministers […]

Economic Review – May 2021

BoE upgrades growth forecast The Bank of England (BoE) has significantly increased its 2021 growth forecast, as survey evidence continues to highlight a strong economic rebound, fuelled by the easing of lockdown restrictions and rapid vaccine rollout. In early May, the BoE revealed its latest predictions for the UK economy, which included a growth forecast […]