News in Review
‘The Committee judges that UK inflation expectations remain well anchored’ Last week, the Bank of England’s Monetary Policy Committee (MPC), unanimously voted to maintain base rates at an all-time low of 0.1%. In a statement released on Thursday, the MPC shrugged off concerns over a pick-up in inflation, saying its expectation is that ‘the economy […]
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News in Review
“There is pent-up demand and ambition across many sectors” Last Friday, the Confederation of British Industry (CBI) published its latest economic forecast, which predicts UK GDP growth is set to bounce back to pre-COVID levels by the end of the year, despite the four-week delay in lifting all lockdown restrictions. The industry body said the […]
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Dividing your finances on divorce
The past year has sadly put huge strain on many relationships, with couples locked down together for months on end whilst trying to work remotely and home school their children, bringing relationships to breaking point. This brings financial challenges. Separating your finances When a couple divorce, they need to decide how to fairly divide financial […]
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Are you unwittingly invalidating your home insurance?
One in four UK households have no home contents insurance whatsoever, a situation made worse by the pandemic, as many people tighten their financial belts. Even if you are insured, you may not be aware that there are several ways to potentially invalidate your policy, leaving your precious possessions at risk. Here are some surprising […]
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News in Review
‘Shared beliefs and shared responsibilities are the bedrock of leadership and prosperity’ The G7 Summit in Cornwall dominated headlines over the weekend, with leaders of the ‘Group of Seven’ (UK, US, Canada, Germany, France, Italy and Japan) meeting to discuss global worldwide issues, including vaccination programmes, economic recovery and climate change. The Prime Minister hosted the […]
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Retirement finances: Take back control
Two pieces of research have again highlighted consumer confusion and concerns around pension provision and thereby the necessity for people to take control of their retirement planning. State pension overestimated Firstly, a survey by Which?1 found that three in ten people overestimate their future state pension income, some by almost £50,000 over the course of […]
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The financial basics you wish you’d learnt at school
A survey of British employees reveals that a significant proportion of working adults wish they’d been taught more about basic financial topics at school. According to research1, the number one topic UK adults wish they’d learnt more about at school is pensions: 40% of respondents to a survey said that learning about pensions at school […]
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News in Review
‘We will continue to work together to ensure a strong, sustainable, balanced and inclusive global recovery that builds back better and greener from the COVID-19 pandemic’ Ahead of the G7 Summit in Carbis Bay, Cornwall, later this week, where leaders from some of the world’s most influential countries are meeting to discuss major global issues, several Finance Ministers […]
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