18 October 2022 On 23 September 2022, the former chancellor of the Exchequer, Kwasi Kwarteng, delivered an emergency “mini-Budget” following the election of prime minister Liz Truss. In his speech, Kwarteng announced a series of measures that aim to help the UK “reach a trend rate of growth of 2.5%”. In the weeks following this […]
15 September 2022 If your child will be going to university this year or is planning to further their education in the future, you undoubtedly feel proud. However, you may also worry about what it means for your child financially. As a parent, it is important to understand what expenses students face, how they will […]
02/09/22 Over the last few years, rising house prices have made it tougher for younger buyers to get onto the property ladder. This has led to the rise of the so-called “Bank of Mum and Dad” providing billions of pounds to help their children to buy their first home. Indeed, Savills analysis, published by MoneyAge, […]
02/09/22 One of the key drivers of soaring inflation and the cost of living crisis has been the sharp rise in energy bills. Indeed, the Office for National Statistics say that the largest upward contributions to the annual inflation rate in July 2022 came from housing and household services – principally from electricity, gas and […]
02/09/22 Have you considered how you might meet the cost of care if you need it in later life? If you haven’t, you’re not alone. While no one wants to consider needing help when they are older, new research from Canada Life has revealed that more than 7 in 10 (72%) over-60s have not thought […]
22/08/22 One of the most iconic films ever made, The Godfather, turns 50 this year. Directed by Hollywood heavyweight Francis Ford Coppola, and released in 1972, The Godfather is a bloody tale of five Italian-American families vying for power in 1940s New York. Central to the story, the Corleone family is headed up by Marlon […]
22/08/22 If you are approaching retirement age, it is likely you are relying on receiving the new State Pension when you become eligible. Although the State Pension may not fund your entire retirement lifestyle, it acts as a foundational fund that will be supplemented by your private pension, and any other savings you have. Now […]
22/08/22 The “cost of living crisis” is a phrase that no doubt has rung in your ears for a few months now. With inflation at a 40-year high, and the Bank of England (BoE)’s base rate at its highest since 2008, UK households are experiencing affordability issues across the board. Plus, with economists forecasting a […]
17/06/2022 Last quarter, you read about the significant market downturns that occurred around the world at the start of the year. The “perfect storm” of the ongoing Covid-19 pandemic and the Russian invasion of Ukraine in February created a difficult environment for markets at the start of the year. Indeed, throughout Q2, there have been […]
If you mistakenly received your local community’s £287,000 Covid-19 relief fund tomorrow, what would you do? Of course, morally, you would elect to report this mistake to the relevant authorities. However, a 24-year old Japanese man, who has remained anonymous, had a different idea. According to the Guardian, when this really happened to him, he […]