News in Review

“Monetary policy must… navigate a narrow path” Interest rate rises were big news last week on home shores, across the pond and in Australia, as central banks acted in an effort to curb inflation. The Monetary Policy Committee voted by a 6-3 majority to increase Bank Rate by 0.25 percentage points to 1%, with further […]

Economic Review – April 2022

IMF cuts growth forecast The International Monetary Fund (IMF) has warned that economic damage from the Ukraine conflict will contribute to a significant slowdown in the global economy with the UK set to be amongst the hardest hit. In its latest assessment of world economic prospects, the IMF said the war in Ukraine is driving […]

Get your ducks in a row for the 2022/23 tax year

Effective tax planning strategies can help shield you from the chill this spring. While there’s minimal change in the operation and structure of the taxation of UK individuals in the 2022/23 tax year, the ‘no change’ element is significant. Excluding the 1.25 percentage point increase to National Insurance and Dividend Tax rates from April 2022, […]

Second-best year on record for fund inflows

Despite the pandemic, new stats from The Investment Association (IA)1 show investors added over £43bn to funds last year, the second highest recorded. The IA details a key finding ‘inflows to responsible investment funds totalled a record £16bn, up £4.3bn on 2020.’ In December, net retail sales reached £2.3bn. Equity funds were the most popular […]

Home Finance – In the news

New government initiative ‘The Older People’s Housing Taskforce’ With demand for homes for older people four times higher than supply, the government has been urged to investigate1. The UK’s largest retirement housebuilder is requesting the introduction of rules to ensure 10% of new housing is designed for pensioners. A new government initiative ‘The Older People’s […]

News in Review

“The American economy – powered by working families – continues to be resilient in the face of historic challenges” The US economy contracted in Q1 as surging inflation and supply disruptions weighed on output. A slower pace of inventory investment by businesses also weighed on the growth of the world’s largest economy, as did fading […]