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Author Archives: Emma
Market Update – December 2023
The Bank of England again held the UK interest rate at 5.25% at the November meeting of the Monetary Policy Committee (MPC). The rate at which prices are increasing, as measured by UK Consumer Price Inflation (CPI), reduced to 4.6% for October, a sharp drop from the September figure of Read the full article…
Autumn Statement 2023
The Autumn Statement was delivered by Chancellor Jeremy Hunt on 22 November 2023, setting out the Government’s tax and spending plans for the year ahead. The Office of Budget Responsibility (OBR) expects the UK economy to grow by 0.6% this year, 0.7% in 2024 and 1.4% in 2025. Key figures Read the full article…
State pension for 2024/25 tax year
The flat-rate state pension will increase by 8.5% to £221.20 per week (up from the previous £203.85 per week) from 6 April 2024. This equates to approximately £11,540 per year or £961 per month. The increase was confirmed in the Chancellor’s Autumn Statement on 22 November, using the figure for Read the full article…
Christmas opening hours
Freedom Financial Planning will be closed from 5.30pm Friday 15th December and will re-open at 9.30am on Tuesday 2nd January. Throughout 2023 we have continued to provide independent financial advice that is honest, practical and straightforward. We look forward to helping our clients work towards their financial goals in 2024. Read the full article…
Market Update – September 2023
The Bank of England held the UK interest rate at 5.25% at the September meeting of the Monetary Policy Committee (MPC). This ended the run of fourteen consecutive rate increases that began in December 2021. The Bank expects UK inflation “to fall significantly further” in the short term. Consumer Price Read the full article…