Cuts to interest rates are a key financial news theme in 2024 and we don’t expect that to change in 2025. Many central banks across the world are looking to reduce interest rates as inflation figures slowly return to normal. It is often heralded as great news for mortgage borrowers, but what about investors? Financial …
Gross Domestic Product (GDP) is a key economic indicator that measures the total monetary value of all goods and services produced within a country’s borders over a specific period, typically a quarter or a year. Every government in every country wants to drive growth in GDP, as it generates greater revenue for public spending without …
Research from the British Retail Consortium (BRC) has revealed that shop prices in August were down 0.3% from a year ago, the lowest rate since October 2021. However the drop in prices was driven by non-food goods, such as clothing and furniture, which many retailers have discounted due to the miserable summer weather and continued …
Cambridge-based tech company Raspberry Pi recently confirmed that it plans to list on the London stock market, which could see it valued at around £500 million. We’ve also seen reports that Chinese fast fashion brand Shein is considering floating on the London Stock Exchange instead of New York, following issues with US lawmakers. That’s great …
The Bank of England surprised us this month by holding interest rates at 5.25 per cent, bringing to an end a run of 14 consecutive interest rate hikes. So what does this mean for you and your money? Can we cautiously hope that interest rates have peaked? The Bank of England started hiking rates in …
Investing is an uncertain pursuit, as you have to carefully navigate an ever-changing financial climate. Perhaps the only certainty is that the value of your investments will go up as well as down, so it’s really important that you allocate your assets carefully to help you stay on course. So what key issues should you …
Households all over the country are under huge financial pressure as double-digit inflation continues to bite, and people are becoming painfully aware that their regular income will only go so far as prices keep heading up. With that in mind, it’s understandable that many will be looking for ways to generate additional revenue, such as …
Introduction High inflation continued to put the brakes on growth in many major economies throughout April, with the International Monetary Fund expecting global growth to fall from 3.4% in 2022 to 2.8% in 2023. As always, let’s drill down a bit further and take a closer look at what’s been going on across the globe… …
Silicon Valley Bank, the 16th largest bank in the US, was shut down by the country’s regulators last week, and we’ve now learned that HSBC has moved to buy the UK arm of the collapsed institution. Since the bank specialises in lending to technology companies, the rescue by HSBC will be a huge relief to …
Jeremy Hunt, the Chancellor of the Exchequer, has delivered his Budget, in which he unveiled big changes to pensions and childcare as part of an effort to tempt people back into work. Here’s our summary of the main announcements: Pensions The lifetime allowance – currently £1,073,100 – to be abolished The tax-free annual allowance for …
