BlogMay Market Commentary
Introduction Some of the numbers in this month’s Bulletin are simply staggering. Whether it’s Amazon’s profits or the ‘investment’ (which could alternatively be considered ‘spending’, depending on your political viewpoint) announced by President Biden. There was a time where the ‘standard unit’ of currency we talked about was a million. Company profits and valuations were
What are Freeports?
Many people will have heard Chancellor Rishi Sunak announce the creation of eight freeports in his Budget speech. The freeports – which are due to become operational later this year – will be at East Midlands Airport, Teesside, the Humber, the Solent, Plymouth, Liverpool City Region, Felixstowe and Harwich, and the Thames. But what is
The Net Zero Innovation Portfolio
Most of the headlines in Rishi Sunak’s recent Budget were made by the tax rises, both for individuals and companies, and by the inevitable bill for the pandemic. There was a strong ‘green’ theme running through the Budget. This was shown through the National Infrastructure Bank being established in Leeds, and the Bank of England’s
Welcome to the National Infrastructure Bank
One of the most eye-catching announcements in Rishi Sunak’s recent Budget was the creation of the National Infrastructure Bank, which – as part of the Government’s commitment to economic ‘levelling-up’ across the UK – will be based in Leeds. What is the new bank? Why is it being introduced? And what impact might it have
Major pension funds commit to net zero carbon by 2050
A new Net Zero Investment Framework has been launched by the Institutional Investors Group on Climate Change (IIGCC) which outlines a commitment to net zero carbon emissions by 2050. The framework aims to encourage investors to develop an investment strategy that achieves net zero, and the framework is already being put into practical use. At
Does an increase to capital gains tax look likely?
While Rishi Sunak’s spring budget introduced a variety of new initiatives and updates to multiple taxes, one suspected change was missing from the big red book. Analysts had posited that a capital gains tax hike would be a likely inclusion in Sunak’s budget, expecting it to be brought more in line with income tax and
How much should I be saving towards my pension?
Research shows that we put ambitious targets on our retirement income and then underestimate how much we need to save to get there. Before we delve into how much you should be saving, here’s a quick overview of the two main types of pension schemes: In a defined benefit scheme your employer promises to deliver
Minimum age for pensions freedoms rises to 57
The government has confirmed that the minimum age for drawing a personal pension is to rise to 57 in 2028. Savers who pay into a personal pension either directly or through their workplace can currently access their money at 55. However, the government plans to raise the age as a result of increased life expectancy.
Can Investing in one Company make you a Millionaire?
We all know that investments can rise and fall in value. That a prudent investor spreads their risk across different sectors and across different markets. And we all remember our very first financial adviser, our Grandma, who told us not to put all our eggs in one basket. But between Christmas and New Year there
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The Beijing Billionaires
May 5th, 2021• Comments Off on The Beijing Billionaires• Posted By Greenwood
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