“America can breathe a sigh of relief” Last Thursday, the US Congress approved a deal to lift the country’s borrowing limit, thereby averting a crisis mere days before the country was due to default on $31.4tn of debt. The bipartisan deal passed through the Senate by 63-36, after navigating the Republican-controlled House of Representatives by […]
Category archives: All
Crystal clear decision-making
In today’s increasingly complex and challenging world, financial advice to help people navigate through life’s journey is more important than ever; a point vividly highlighted by a new study from the Financial Services Compensation Scheme (FSCS)1 which raises fears over the consequences of a worrying financial ‘advice gap’. Scammers’ paradise FSCS research shows that almost […]
Time to review your resilience
Awareness of the importance of protection has risen since the pandemic and led many to reassess their financial and personal priorities. It’s sensible to review your protection cover once a year and to discuss it with those close to you to make sure it still meets your needs. Have the conversation Only half (52%) of […]
Economic Review – May 2023
UK growth forecasts upgraded Revised projections released last month by both the Bank of England (BoE) and International Monetary Fund (IMF) suggest the UK economy is now set to avoid recession this year. The BoE’s latest forecast predicts the economy will grow by 0.25% across the whole of 2023, a significant upgrade from February’s prediction […]
News in review
“The return to single digit inflation suggests the UK has turned a corner” Official data released by the Office for National Statistics (ONS) last week revealed that inflation returned to single digits in April, following seven consecutive months residing above 10%. The Consumer Prices Index (CPI) increased by 8.7% in the 12-month period to April, […]
Residential Property Review – May 2023
Mixed market signals in May Recent releases from Savills presented mixed signals for the residential market, with the UK Housing Market Update pointing to recovering market activity in May, even as the English Housing Supply Update for Q1 2023 revealed a quarterly drop of 20% in new homes completed. The number of new sales agreed […]
Commercial Property Market Review – May 2023
Spotlight on UK retail The recently released shopping centre and high street spotlight from Savills for Q1 has highlighted that although the UK retail investment market has faced challenges, the occupational market has remained buoyant. From a volume perspective, emphasising consumer cautiousness in the face of high inflation, retail sales declined 3.2% year on year […]
Landlords tune in?
More than two in five landlords are not aware of the proposed Renters’ Reform Bill, a new study1 has claimed, despite the impact it will have on their portfolios. Should landlords be worried? What could change? The proposed legislation, which is set to be voted on before May 2023, includes many significant elements. If passed […]
Offsetting fiscal drag
The gradual reduction of disposable income due to inflation and changes in tax brackets, or frozen tax allowances, will weigh on your finances, causing ‘fiscal drag.’ By implementing various strategies, you can potentially reduce the impact of fiscal drag on your investments and increase your chances of achieving your long-term financial goals. The worst thing […]
News in review
“The sky’s the limit for British and Japanese businesses and entrepreneurs” Rishi Sunak attended the G7 Summit in Hiroshima on Thursday, stopping off in Tokyo to agree new defence and economic deals; a UK business summit for Japanese corporations in the capital has resulted in a reported £18bn investment in UK property, windfarms and other […]