As the inflation crisis in the UK has deepened, the Bank of England has been forced to act decisively by hiking interest rates. In December 2021, interest rates stood at 0.1 per cent, but they’ve since been raised five times and now stand at 1.25 per cent. So the question on everyone’s lips right now …
Financial knowledge and awareness can affect countless aspects of our lives, from being able to budget for our weekly food shop and pay bills, to meeting our mortgage payments and having enough money to live off during retirement. So why are so few people receiving proper guidance and education on how to manage their finances? …
Do you know how much your home has gone up in value since you bought it? If you purchased your house more than 20 years ago, chances are it’s worth a great deal more than it was originally. According to Aviva, the average value of a property owned by 65 to 74-year-olds is now £287,000. …
Introduction As many readers know, this Bulletin is written from notes we compile throughout the month. One of the most interesting aspects of this is the occasional feeling of ‘was that really this month’ as we start to write the Bulletin. So it was this month. The race to replace Boris Johnson seems to have …
According to a recent report in City AM, there were 1.8m job vacancies advertised in the UK in the week to May 1st, up roughly 15% on the same period a month earlier. The report stated that recruiters were ‘in overdrive’ as they struggled to fill the vacancies, with Neil Carberry, Chief Executive of the …
If your glass is by nature half-empty, you didn’t need to look far for confirmatory information last month. Energy bills were going up – and are set to rise even further in October. Inflation was up again – with grocery inflation hitting its highest level for 13 years, And, of course, the National Insurance rises …
If you have assets such as land, property, cars, money and investments, you’ll want to be sure they go to your chosen beneficiaries in the future. That way you can be sure that your loved ones have financial stability in the future and that you’ve left them a meaningful legacy. But hang on, doesn’t that …
Introduction June was the month in which the war Vladimir Putin thought would last 100 hours passed its hundredth day – with all the attendant problems for food supply and the global economy. In the UK, Boris Johnson won his confidence vote by 211 votes to 148 – but the dark mutterings continued as the …
Putting money aside for the future is one of the most fundamental principles of good financial planning. But with inflation at a 30-year high, and set to rise even further over the coming months, countless families and households are struggling to pay the bills and put food on the table. As a result, the idea …
Last month, the UK’s inflation figures for March were released. Having been 6.2% in February, inflation had risen to 7%, the highest rate for 30 years. Across the Atlantic, the figures were even worse, as US inflation reached 8.5% – the highest since March 1981 – as the Ukraine war pushed up energy prices. In …
