Financial
Economic Review – November 2023
The Bank of England (BoE) Governor has described the latest batch of inflation statistics as “quite encouraging,” adding that he expects a “noticeable drop” in the headline rate when the next set of data is released later this month. In our economic review this month we begin by looking at Inflation and data that indicates…
Read MoreDon’t overlook trusts, they could be a useful way to pass on wealth
Trusts may be a useful way to pass on wealth, but research suggests it’s an option some people are dismissing. You can place a variety of assets in a trust, from investment to property, for the benefit of another person, known as the “beneficiary”. The trust is then managed by one or more trustees according…
Read MoreQuarterly Financial Bulletin – Autumn – 2023
Several months have passed since the Spring Budget, which, although not necessarily packed with good news stories, held one announcement that certainly did bring considerable cheer to higher rate taxpayers. A recent survey has revealed the dramatic impact that Chancellor Jeremy Hunt’s decision to scrap the pension Lifetime Allowance (LTA) is having on people’s retirement…
Read MoreEconomic Review – October 2023
Last month, the Bank of England announced a pause in its long run of interest rate rises following an unexpected dip in the UK headline rate of inflation and ‘increasing signs’ that higher rates were starting to hurt the real economy. In our economic review this month we begin by looking at the Monetary Policy…
Read MoreEconomic Review – September 2023
The latest gross domestic product (GDP) statistics revealed that the UK economy grew more strongly than expected in June, although more recent survey data does suggest a renewed contraction looks ‘inevitable.’ In our economic review this month we begin by looking at data from the Office for National Statistics which shows the UK economy grew…
Read MoreEconomic Review – August 2023
Data released by the Office for National Statistics (ONS) showed the UK inflation rate fell by more than expected in June, leading analysts to predict that interest rates are now likely to rise less sharply than previously feared. In our economic review this month we begin by looking at the lowering inflation data, and the…
Read MoreQuarterly Financial Bulletin – Summer – 2023
Although the global economy continues to face significant headwinds, statistics released during the first few months of the year have revealed unexpected signs of resilience. In our quarterly bulletin this month we start by looking at the positive data collected during the first few months which indicates a positive change. Next we look at the…
Read MoreEconomic Review – July 2023
The Bank of England (BoE) has sanctioned another hike in its benchmark interest rate after citing ‘significant upside news’ which suggests inflation is likely to take longer to fall back to the Bank’s target level. In our economic review this month we begin by looking at the Bank of England’s decision, inflation and what may…
Read MoreEconomic Review – June 2023
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. In our economic review this month we begin by looking at the revised figures from the IMF and the factors behind them. We also look at…
Read MoreEconomic Review -May 2023
While the latest gross domestic product (GDP) statistics revealed that the UK economy stagnated in February, recent survey evidence paints a more positive picture with signs of ‘encouraging resilience’ and ‘growth momentum.’ In our economic update this month we look at the data behind these comments and conclude the outlook for the UK is not…
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