Spring into action

Spring is very much a season of hope; a time to look forward and plan. While that’s not always easy amid a flurry of headlines concerning the cost-of-living and immense global political tensions, it’s important to look beyond short-term bouts of market volatility and ensure your financial objectives remain firmly aligned to your life goals […]

Economic Review March 2022

Bank Rate raised again Last month, the Bank of England (BoE) sanctioned a further increase in its benchmark interest rate as inflation continues to surge significantly ahead of the Bank’s target level. Following a meeting held in mid-March, the BoE’s nine-member Monetary Policy Committee (MPC) voted by an 8-1 majority to raise Bank Rate from […]

News in Review

“This is a moment of consequence and peril for the world” Last Thursday, major news broke as Joe Biden ordered an unprecedented release of crude oil from America’s Strategic Petroleum Reserves to tame rising energy costs. In an attempt to combat what the US President branded “Putin’s price hike,” he issued the release of one […]

News in Review

“The government will support the British people” Rishi Sunak opened the Spring Statement on 23 March by speaking about his admiration for the Ukrainian people, commending the strength of the UK economy to help fund their army and impose sanctions on Putin’s regime. The Chancellor warned that actions against Russia are costly and present a […]

Spring Forecast Statement 2022

Chancellor of the Exchequer, Rishi Sunak, delivered his 2022 Spring Statement on 23 March, confirming implementation of the politically contentious 1.25 percentage-point rise in most National Insurance contributions, though with revised thresholds to mitigate the impact. He declared that his overall plan “builds a stronger, more secure economy for the United Kingdom.” The fiscal update […]

News in Review

‘The economy has recently been subject to a succession of very large shocks’ Last Thursday, as highly anticipated, the Bank of England (BoE) announced the third increase in Bank Rate in four months, placing more pressure on household finances. The Monetary Policy Committee (MPC) members voted by an eight to one majority in favour of […]