News In Review
“For all our disagreements, the world is undeniably heading in the right direction” At a Downing Street news conference on Sunday evening, following the conclusion of the COP26 Summit, Boris Johnson hailed the climate deal as “game-changing”, before adding that it sounds “the death knell for coal power.” Despite a late intervention by India and […]
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‘Flip the context’ to protect your savings
The Financial Conduct Authority (FCA) has revealed that over £2m was lost to pension scammers in the first five months of 2021. The average amount lost so far in 2021 is £50,949, compared to £23,689 in 2020. The FCA research shows that pension holders were nine times more likely to accept ‘advice’ from someone online […]
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News in Review
“We think there will be some need to increase interest rates to bring inflation sustainably back to target” Following many hours of discussions, the Monetary Policy Committee (MPC) decided to retain the Bank of England (BoE) base rate at its record low of 0.1% at its meeting last week. The decision was made despite predictions […]
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Best ways to add value to your home
Several months of double-digit house price growth has benefited homeowners looking to sell. However, if you want to boost the asking price of your home even further, it’s important to understand which projects will add the most value once you’ve factored in the cost of the job itself. The most valuable projects Loft conversions can […]
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Inflation debunks ‘cash is king’ mantra
A modest level of price inflation is generally seen as acceptable and even as a sign of a healthy economy. For some years, the Bank of England’s target for annual Consumer Prices Index (CPI) growth has been 2%; not a steady 2%, as short-term fluctuations are inevitable, but an average of about 2% over several […]
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COVID prompts uplift in grandparental support
Most grandparents are acutely aware of the challenges their grandchildren face as they progress through education and into the workplace. University tuition fees and other costs can leave the upcoming generations with debts before they begin full-time work, making it more difficult for them to accumulate the deposit on their first property purchase. The impact […]
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News in Review
“The world is looking to you” All eyes turned to Glasgow on Monday as world leaders convened for COP26, which is being hailed as the most important climate change summit since the Paris Agreement was struck in 2015. The next couple of weeks are set to be packed with important announcements about the future of […]
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Young adults struggle to understand the mortgage process
It is hardly a secret that young people face significant barriers on their way to purchasing their first home. Quite apart from prohibitive house prices and stringent affordability criteria, a lack of understanding of how the mortgage process works is also holding them back. According to a survey1, 52% of adults aged 18–34 say they […]
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UK investors plan to continue lockdown habits
During the pandemic, many people have been able to significantly increase their investment contributions, as spending on travel, leisure and hospitality plummeted. Now, a poll1 has revealed that, far from reducing their investment contributions as restrictions loosen, 76% of UK investors intend to keep up their lockdown habits, with half planning on reducing everyday spending […]
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