Introduction The Fed cut interest rates in September which, despite the Bank of England holding at 5%, is now expected to be the direction of travel for much of the developed world as it returns to some form of financial normality into 2025. China’s financial stimulus was another big story in September, as it was […]
The energy price cap rises by 10% from 1st October. Many people have been submitting meter readings and some are switching to fixed tariffs ahead of the change. Why Submit A Reading Now? Whilst you will be charged at the new price whether you submit your reading now or later, many energy bills are based […]
The Government has released data showing that a huge £1.4bn is currently sat unclaimed and unused in Child Trust Funds (CTFs). CTFs were made available to all children in Britain born between 1 September 2002 and 2 January 2011. Parents were issued a voucher for £250 or £500 to be paid into the CTF at […]
Competition for jobs in the UK has reached its highest level in three years, with more than two jobseekers per vacancy, according to new research from jobs site Adzuna. The report reveals a 0.5% drop in advertised vacancies, with 857,000 roles available in August, down from July. This indicates a potential stagnation in the UK […]
Overall Market Backdrop, September: UK interest rates remain unchanged, while US rates fall by 0.5%. Chinese equities surge after government stimulus packageannouncement. Escalating Middle East tensions pose growing threat to global stability, and energy markets. Click here to read more
Overall Market Backdrop, August: Despite significant volatility, global stock markets ended the month flat. Bank of England cuts rate by 0.25% to 5%. Europe keeps global stocks markets in the green for August. Click here to read more
Speaking in the Downing Street ‘rose garden’, made famous during the pandemic for lockdown parties and ‘that’ Dominic Cummings interview, Keir Starmer delivered a sobering speech on 27th August that sets the tone for the budget at the end of October. It’s “going to be painful” he said, asking the country to “accept short-term pain […]
Introduction As inflation cools and interest rates look likely to come down over time, the world is expecting a gradual return to economic normality in the second half of 2024. However, it’s never quite that straightforward. Changes in government around the world create temporary blips as we wait to see if policy will change with […]
Gross Domestic Product (GDP) is a key economic indicator that measures the total monetary value of all goods and services produced within a country’s borders over a specific period, typically a quarter or a year. Every government in every country wants to drive growth in GDP, as it generates greater revenue for public spending without […]
Data provided exclusively by Zoopla to the BBC in August suggest that the rental market has cooled in 2024, with rent rises at their slowest rate for three years, but rents continue to rise. The rental market came down from a peak increase of 12% in 2022 to 5.6% in 2024. On average there are […]