Online influencers are a big deal these days, building up hugely devoted audiences as they offer their insights on everything from fashion and interior design to parenting and travel. But many are also proffering financial advice and sharing their tips on how to save, spend and invest your hard-earned money. On the one hand, it’s […]
Introduction Sluggish growth and high inflation have stubbornly persisted across much of the globe in recent months, and September was no different. But some major economies are performing better than others as they grapple with global economic headwinds, and emerging markets in Asia are bucking the prevailing trend by enjoying strong rates of growth. As […]
In this EBI article, we explore the reasons why long-term passive investors may prefer to hold bonds over cash in their portfolio, despite the high rates currently on offer through cash savings accounts. Click here to read more
Overall Market Backdrop, September: In September, the Bank of England opted to maintain its current interest rates, keeping them steady at 5.25%, the highest they have been in 15 years. Inflation, which measures the rate of price changes over time, declined to 6.7% for the year ending in August. Russia made an unexpected announcement on […]
Being in debt can seriously knock you off course as you work to reach your financial goals. It’s therefore really important to minimise and avoid racking up avoidable debt wherever possible, such as with your credit card. It’s all too easy to flash the plastic and not think about what it’s costing you in the […]
Life is what happens to you while you’re busy making other plans, as the song goes. So even if you’re highly organised and across every detail, an unexpected curveball can still come your way, and this can often be extremely costly. That’s why it’s always recommended to have an emergency fund in place: your safety […]
Any financial planner will tell you that your will is a vitally important element of your financial plan. With this legally binding document in place, you can take control of your destiny and be sure that your assets will be distributed in line with your wishes. But simply writing a will isn’t enough, as your […]
Introduction Sluggish economic growth in major economies was again a common theme throughout August, as policymakers across the globe continue to battle against high inflation. As always, let’s take a closer look at key markets across the world to find out what’s been going on… UK The UK is continuing to narrowly avoid recession, despite […]
Overall Market Backdrop, August: On August 3rd, the UK’s monetary policy committee (MPC) voted to take interest rates to a 15-year high, raising rates from 5% to 5.25%. Recent market fluctuations highlight Europe’s vulnerability to price surges and instability within the gas industry, whereby rising energy prices will make it even more challenging for the […]
Introduction It was a mixed picture across the globe in July, with many major economies beginning to see their efforts to tackle inflation pay off. But while progress is being made in some countries, growth remains sluggish and inflation remains high in several key markets, most notably the UK. As always, let’s take a closer […]