Category Archives: Financial News

It is a year since the world started to come to terms with the reality of life amid a global pandemic. Stock markets initially crashed, but global indices have since flourished, with the US Dow Jones, S&P 500 and Nasdaq Composite indices all reaching record new highs and Japan’s Nikkei Read the full article…

There has been a lot of speculation recently around the possibility of the UK’s interest rate becoming negative, meaning that banks and building societies would be charged to hold money on deposit with the Bank of England. This would be the first time the UK interest rate has ever been Read the full article…

The 2021 Budget was delivered by the UK’s Chancellor of the Exchequer, Rishi Sunak, on 3rd March 2021, promising continued financial support for furloughed workers, the self-employed and businesses. Additional fiscal support, in the form of tax and spending decisions, will total almost £65 billion overall for the current and Read the full article…

As the end of the Brexit transition period on 31 December approaches, it is still not clear whether the UK and EU will be able to agree a comprehensive trade deal. Although the briefings over the past few days have been more positive, both sides still state that major gaps Read the full article…

The rate at which defined benefit (sometimes termed “final salary”) pensions increase each year is likely to reduce, due to future changes to the RPI inflation rate recently confirmed by the Treasury. RPI (Retail Prices Index) is one of three main measures of inflation, the other two being CPI (Consumer Read the full article…