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 […]
News
Q2 2022 market update
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 […]
3 surprising lessons a 24-year old Japanese man could teach you about handling a large inheritance
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 […]
What is “inflationary psychology” and how might it affect you this year?
20/07/2022 According to the Office for National Statistics (ONS), the UK’s rate of inflation now sits at a 40-year high, rising to 9.4% in June 2022. Indeed, in light of the Covid-19 pandemic and the Russian invasion of Ukraine, the prices of everyday goods have skyrocketed in recent months. These factors have formed somewhat of […]
Your complete guide to financial protection
17/06/2022 Financial protection is an important part of creating long-term security. Yet, it’s something that many people overlook. Appropriate financial protection can provide you or your family with an income or lump sum when you need it most. It can create a valuable safety net and help ensure you’re still able to meet financial commitments […]
The US printed more than $3 trillion in 2020 alone. Here’s why it matters today
17/06/2022 When a crisis hits a nation – or in the case of the Covid-19 pandemic, the entire world – governments and central banks have to act fast. When the pandemic hit in March 2020 and lockdowns were imposed throughout the world, economies suffered sharp declines. In response, the US Federal Reserve took a seemingly […]
Midlifers could be hit “twice” by the cost of living crisis. Here’s how
17/06/2022 Last month, you read about how supporting loved ones in retirement could affect your wealth this year. While supporting those you love is extremely important to you, it could also place a strain on your financial circumstances. Especially during the UK’s cost of living crisis, which saw inflation rise to 9% in May 2022, […]
What rising interest rates could mean for your mortgage, savings, and investments
17/06/2022 As the cost of living crisis continues to have an impact on British households, you could be spending more time worrying about money than usual. Indeed, inflation reached 9% in May 2022, reflecting the rapidly rising costs of goods and services around the UK. As a result, the Bank of England (BoE) raised the […]
The top 10 sporting events coming to the UK in summer 2022
23 May 2022 It’s fair to say that the UK is addicted to sport. After two years of events being affected by the Covid pandemic to some extent or another, there’s more of an excited air of anticipation than usual as we approach the summer. So, here’s a guide to 10 amazing sporting events you […]
Your guide to inflation and how it can affect your wealth
23 May 2022 In the 12 months to March 2022, the rate of inflation was 7%. In simple terms, inflation means the cost of goods rise. The higher the rate of inflation, the quicker prices are rising. It can affect your day-to-day budget and your long-term wealth. “Inflation is taxation without legislation.” – Milton Friedman, […]