BlogAutumn Mini Budget Overview 2022
So what was it? A ‘fiscal event’? A Mini Budget? Or a full-blown Budget from a new Chancellor determined to take the UK in a very different direction from previous occupants of 11 Downing Street? As we will see in more detail below, reactions to the measures introduced by Kwasi Kwarteng on Friday September 23rd
Will the cost of living crisis mean we all go back to cash?
As the writer Mark Twain supposedly said, “Reports of my death are greatly exaggerated.” Could 2022 be the year that cash says the same thing? Many clients reading this will remember the traditional method of budgeting used by their parents or grandparents: a pot for gas, a pot for electricity, one for food, another for
The outlook for the UK’s small businesses
The new Prime Minister’s in-tray is overflowing. Inflation, the cost of living crisis, war in Ukraine, US/China tensions but buried under all that paperwork is, hopefully, another sheet of A4. One that’s absolutely vital to the country’s economic health, that will play a crucial part in our eventual economic recovery; the UK’s small businesses. Of
Teach your kids good financial habits as they head to uni
You’ve worked hard to be able to afford to send your child to university, and now the time has come for them to fly the nest and strike out on their own. So naturally, you’ll want them to start their adult life with good financial habits. Here are a few bits of wisdom you could
September Market Commentary
August started with US Speaker Nancy Pelosi visiting Taiwan. We comment on China’s reaction below and we also describe the environmental and economic challenges facing the country. With domestic crises brewing at home, some commentators have noted the convenience of an external crisis for the CCP (Chinese Communist Party). “The position of the Chinese government
What will my partner inherit if I die without a Will?
Couples who live together but aren’t married sometimes refer to their boyfriend or girlfriend as their common law partner. But what does that actually mean in legal terms? Well, to be blunt, not a lot, as you’re not related to your partner either by blood or by marriage. So if you die suddenly, they won’t
Interest rates tipped to top 2% in the next year
As the inflation crisis in the UK has deepened, the Bank of England has been forced to act decisively by hiking interest rates. In December 2021, interest rates stood at 0.1 per cent, but they’ve since been raised five times and now stand at 1.25 per cent. So the question on everyone’s lips right now
August Market Commentary
Introduction As many readers know, this Bulletin is written from notes we compile throughout the month. One of the most interesting aspects of this is the occasional feeling of ‘was that really this month’ as we start to write the Bulletin. So it was this month. The race to replace Boris Johnson seems to have
Will you switch banks for 5%?
Low – or, in many cases, non-existent – interest rates on deposits have been one of the most common complaints from our clients over the last few years. With inflation hovering around 9% – and quite likely to go higher before it falls again – the interest you receive on your savings has become ever
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Tax cuts reversed
October 19th, 2022• Comments Off on Tax cuts reversed• Posted By Greenwood
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