The financial crash after the Lehman Brothers collapse saw the biggest global monetary crisis since the end of WW2. It led to a lost economic decade for many – average incomes in the UK still languish far behind their 2008 peak.
For British companies who rely heavily on the E.U. export market, Brexit has been a nightmare, to say the least. Until recently, though, the full effects on British exporters have been unclear.
Before World War One, Britain was undoubtedly the global economic superpower – a role now played by the USA and soon to be filled by China.
The Office for National Statistics (ONS) has announced that GDP growth is down to 0.1% from last quarter’s 0.4%. This means that the first quarter of 2018 saw the UK economy at its slowest growth since 2012.
HMRC published the latest figures on personal income and taxation in the UK at the beginning of March.
The Bank of England has indicated that the pace of interest rate rises could speed up if the outlook remains positive.
The first month of 2018 was a good one for the major stock markets which we cover in this Bulletin.
Since before the EU referendum result was known at the end of June 2016, the ‘divorce bill’ has been a hot topic of debate.
Following the election one question where many seek answers, is how the result of the general election is likely to affect them financially.
With interest rates being cut to 0.25% last month it looks more likely than ever that Britain could experience negative interest rates.