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‘Economy’ Archive


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.




News Update: Should You Pay Your July Payment on Account?


Usually, the 31st of July is the deadline to complete all your tax-related responsibilities. But this year, thanks to the coronavirus pandemic, the government is allowing for a deferment for your July Payment on Account.




Coronavirus – Market Effects Investors Need to Know


The outbreak of the coronavirus has predictably had an impact on the economy already, as many health crises often do. Normally, this kind of event causes short-term shockwaves through the markets, but could there be any long-lasting consequences?




Brexit Consequences for UK if Boris Gets His Way


It might seem hard to believe that the referendum that sparked Brexit was three years ago. After struggling with and failing to get Parliamentary approval on a plan, former Prime Minister Theresa May resigned in June. Boris Johnson has now succeeded May and has promised to fulfil Brexit by the deadline of 31st October – […]




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