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‘Economy’ Archive


News Update: A Challenging Year Ahead for Global Markets


Even though there were steps made toward economic recovery in the last year, a few factors are making that challenge even tougher in 2022. With rising inflation, an increase in interest rates, and disruption to international supply chains, the new year is set to be a tough one for global markets.




News Update: Economic Threats in the New Year


One can’t be blamed for trying to be optimistic at the start of a new year, but it looks like some new threats (and old ones, too) to economic recovery could be poised to make 2022 as challenging as years past.




Key Takeaways from the Autumn Budget Statement 2021


On 27 October, Chancellor Rishi Sunak delivered his Autumn Budget Statement and Spending Review (SR21) to Parliament. Ahead of the statement, economic recovery and funding those efforts has been the focus of the government after the coronavirus pandemic ravaged the country for over a year. Now that emergency support is winding down, the budget set […]




News Update: Sunak Won’t Cut Taxes Until Finances are Stable Again


A bit of bad news for those worried about potential tax cuts: Chancellor Rishi Sunak stated that he would only begin to consider cutting taxes when public finances are stable after the toll the coronavirus took on the national economy.




Is it Time to Act Before Mortgage Prices Rise?


The UK has been enjoying over a decade of low-interest rates since they were slashed during the financial crisis. What was meant to be a temporary measure has lasted 13 years due to the economic slowdown that occurred shortly after. But with inflation on the rise, along with rates on bonds, and general worry from […]




News Update: Is UK Wage Inflation a Good Thing or Cause for Concern?


Prime Minister Boris Johnson announced recently to the BBC that wages were finally on the rise. The Office for National Statistics backs the PM’s claim, stating that annual growth of wages sits between 3.6% and 5.1% from May to July. And the Bank of England (BoE) estimates that in the private sector, pay growth is […]




News Update: Economic Recovery Optimism


As the results of economic recovery efforts start rolling in, the UK government is optimistic about the future. Optimism should remain cautious, though, as the future isn’t certain and the spread of COVID-19 remains a threat.




News Update – Inflation, COVID Variants and More Disrupt Recovery


Don’t start celebrating wide-scale economic recovery just yet. As COVID-19 continues to rise in some parts of the world, the threat of variants and resurgences, and various economic factors threaten a permanent return to economic prosperity any time soon.




Diversified Savings – Stocks and Shares ISAs


Individual Savings Accounts are a great way to help you save money and tax. For the 2021/22 tax year, you can contribute up to £20,000 across the different types of ISAs. While many people fall back on the standard Cash ISAs, don’t forget that you should treat your savings plan the same as your investment […]




Tax Update: Alternative Minimum Tax – What it Would Mean for UK taxpayers?


In an attempt to recoup funds sorely needed after the country was ravaged by coronavirus, the Chancellor is considering new ways to gain potential missing income from the UK’s top earners.




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