17 November 2022 It has been a tumultuous year in British politics, with three prime ministers and four chancellors holding office. After the calamitous “mini-Budget” ushered in the demise of Liz Truss and Kwasi Kwarteng, new chancellor Jeremy Hunt has delivered his first autumn statement. Hunt’s speech came at a tricky time for the UK […]
17 November 2022 As you will appreciate, this year has been very busy, and the aim of this article is to report on some of the work that we have been undertaking and some of our underlying thought processes. Read on to find out how our investment committee operates, and how we take extensive action […]
17 November 2022 Back in September 2022, the former chancellor of the Exchequer, Kwasi Kwarteng, announced his autumn mini-Budget. Speaking in parliament, Kwarteng announced a series of sweeping tax cuts and policy changes, including abolishing additional-rate tax and removing the cap on bankers’ bonuses. Following the announcement, many investors sold of UK assets for fear […]
17 November 2022 The cost of living crisis has led to a number of changes in our lives, and it isn’t over yet. Already, since December 2021, the Bank of England (BoE) has hiked the base rate eight times, bringing it to 3% in November 2022. Despite the BoE’s efforts, inflation rose to a 41-year […]
18 October 2022 If you are hoping to strengthen your portfolio and yield further profits this year, you might have been concerned by the volatility the markets have witnessed so far. Last quarter, we reported significant downturns across global indices, including the US S&P 500 declining by 20%, and the UK FTSE All-Share experiencing a […]
18 October 2022 You will be well aware by now that, following former chancellor Kwasi Kwarteng’s “mini-Budget” announcement on 23 September 2022, the value of the pound rapidly declined. The chancellor announced a wide range of tax cuts in his speech, claiming that “growth is not as high as it should be”. The chancellor then […]
18 October 2022 On 23 September 2022, the former chancellor of the Exchequer, Kwasi Kwarteng, delivered an emergency “mini-Budget” following the election of prime minister Liz Truss. In his speech, Kwarteng announced a series of measures that aim to help the UK “reach a trend rate of growth of 2.5%”. In the weeks following this […]
15 September 2022 If your child will be going to university this year or is planning to further their education in the future, you undoubtedly feel proud. However, you may also worry about what it means for your child financially. As a parent, it is important to understand what expenses students face, how they will […]
02/09/22 Over the last few years, rising house prices have made it tougher for younger buyers to get onto the property ladder. This has led to the rise of the so-called “Bank of Mum and Dad” providing billions of pounds to help their children to buy their first home. Indeed, Savills analysis, published by MoneyAge, […]
02/09/22 One of the key drivers of soaring inflation and the cost of living crisis has been the sharp rise in energy bills. Indeed, the Office for National Statistics say that the largest upward contributions to the annual inflation rate in July 2022 came from housing and household services – principally from electricity, gas and […]