Category Archives: Financial News

The 2022 investment environment has been dominated by surging inflation, tightening monetary policy and faltering economic growth, against a backdrop of geopolitical uncertainty and energy insecurity. It has been a torrid year for stock markets. In the US, the S&P500 has dipped by over 20% year to date, while the Read the full article…

The Autumn Statement was delivered by Chancellor Jeremy Hunt on 17 November 2022. The Office of Budget Responsibility (OBR) confirmed that the UK is currently in recession (defined as two consecutive quarters of negative growth). The OBR also forecasts that the UK economy will shrink by 1.4% in 2023, with Read the full article…

As the Conservative Party appoint their fifth leader – and UK Prime Minister – since the Brexit vote in June 2016, the hope is that Rishi Sunak can now stabilise the UK economy, left in a decidedly precarious position by his predecessor Liz Truss. The tax cuts announced in the Read the full article…

As the UK moves onto its fourth Chancellor in the space of four months, the majority of the changes in taxation announced in Kwasi Kwarteng’s “Mini-Budget” of 23rd September have been axed. As things stand, the key changes to taxation will now be as follows: National Insurance The increase to Read the full article…

For most retirees, the State Pension forms the foundation block of retirement income. Anyone now reaching State Pension age with their full entitlement receives a guaranteed income of £185.15 per week (£9,660.86 per year). The “triple lock” currently means this income increases each year by the higher of: • National Read the full article…