News in Review

“Mark my words: with this Plan for Change, we will stick to it. Country first, party second”  Key takeaways  Prime Minister Sir Keir Starmer delivered a speech last Thursday at Pinewood Studios on the government’s ‘Plan for Change.’ In it, he set out “six milestones” to be completed before the next general election, with new […]

A third of Gen X think they will never retire

Recently released research1 suggests a significant proportion of working age people are no longer planning a traditional ‘hard stop’ retirement, with 45 to 54-year-olds most likely to feel they will continue working beyond pensionable age.  Work work work  According to the survey, more than a fifth of working age adults think it unlikely they will […]

News in Review

“Housing affordability has improved over the past year, thanks to stabilising property prices, strong wage growth, and easing interest rates”  Buying a home is becoming more affordable relative to income, according to the latest Halifax           Affordability Review released last Thursday, as the house price to income ratio continues to fall.  Strong wage growth combined with […]

Economic Review November 2024

Interest rates set to fall more gradually  Last month, the Bank of England (BoE) cut interest rates for only the second time since 2020 but also warned future reductions were likely to be more gradual due to the prospect of inflation creeping higher next year.   Following its latest meeting, which concluded on 6 November, the […]

News in Review

“We know that families across Britain are still struggling with the cost of living”  UK inflation was 2.3% in October, according to figures released last week by the Office for National Statistics (ONS), the first rise in the UK’s consumer prices index (CPI) for three months.  As well as faring worse than economists had expected, […]

News in Review

“Harnessing the power of this multi-billion-pound industry is a win-win, benefiting future pensioners, and our wider economy”  Last Thursday, Chancellor Rachel Reeves used her first Mansion House speech to outline her new plan for pension funds, intended to shake up UK pension saving and unlock £80bn of investment.  Ahead of the speech, the Chancellor revealed […]