“The economy has recovered more quickly than expected, creating a growth dividend for the Treasury” Some interesting data was released last week, which prompted speculation as to the Chancellor’s intentions regarding the rise in National Insurance Contributions (NICs) in April. The data showed that government borrowing reached nearly £17bn in December; despite this being the […]
Monthly archives: February 2022
How to minimise your risk of property chain collapse
Picture the scene: you’ve found your dream home, you’re almost ready to exchange contracts, and then you get the call… your buyer has pulled out. Domino effect Such unexpected events in the property chain can leave your own purchase in jeopardy. Many property transactions are interlinked in this way, with the decision of one buyer […]
Gen up to protect yourself from pension scams
With pension scam losses totalling millions each year, good news came in November, when new regulations came into force to protect pension savers and stop suspicious scam transfers. From 30 November 2021, pension trustees and scheme managers received new powers to intervene. Previously pension providers were not allowed to refuse to carry out a transfer […]
Lights, camera, action!
Did you know that Jackie Chan’s stunt team has been blacklisted by all insurance companies, leaving Chan to pay out himself for any injuries? Fortunately, for most people it is considerably easier to get covered, so there is no excuse to be uninsured. Over a third of people say they are more likely to buy […]
Economic Review – January 2022
Economy regains pre-pandemic size The UK economy grew strongly in November to move beyond its pre-COVID level with increasing momentum recorded across all industry sectors prior to the arrival of the Omicron variant. Data released by the Office for National Statistics (ONS) revealed that the economy grew by 0.9% in November. This was much stronger […]