News in Review
“The current approach to self-isolation is closing down the economy” During a week which saw the delayed Tokyo Olympics finally get underway, the news agenda on these shores was largely dominated by the so-called ‘pingdemic’. After it was revealed that almost 620,000 alerts were sent to Test and Trace app users in England and Wales […]
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In the News – Money
Holiday selfie could invalidate insurance With travel back on the agenda for many, think twice before posting a holiday selfie on social media. Your insurer may consider this as advertising the fact that you are away from home, leaving your property unoccupied and invalidating your insurance cover. Unfortunately, more and more criminals are using social […]
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In the News – Wealth
Dividend decline slowing From Q2 2020 to Q1 2021, the pandemic cost investors almost £45bn in lost dividends. After such a tumultuous year, the good news is that the latest UK Dividend Monitor1 highlights that in Q1 this year, dividends fell at their slowest rate since the beginning of the pandemic. In a positive sign, […]
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News in Review
“With every day that goes by our economy is slowly and cautiously picking itself up off the floor” Ahead of so-called ‘Freedom Day’ on Monday, Boris Johnson urged people to exercise caution as most restrictions on social contact were lifted in England. With the Prime Minister and Health Secretary currently isolating, and UK daily infections […]
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Value of holiday homes soars
The rise of the ‘staycation’ has led to a considerable jump in the price of holiday homes, according to data1. Holiday let mortgage applications show that average purchase prices rose by 12% between October 2020 and March 2021, leaping from £387,993 on average to £435,476. Mortgage applications increase by a third The number of holiday […]
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Reasons to be cheerful
As the country emerges from lockdown, an increasing sense of optimism seems to have filled the air with a much more familiar feel returning this summer. And there’s plenty to look forward to over the coming months, with a host of major sporting events including the Olympics to excite and enthral us, audiences returning to […]
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Growing optimism for a Great British summer
Although the weather may have a different opinion, there does seem to be a growing sense that 2021 will prove to be a Great British summer. Staycations are all booked; a packed sporting schedule featuring the Euros, Wimbledon, The Open, the British Grand Prix and test cricket awaits, and the Proms are set to make […]
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Summer may be here but what about the LTA freeze?
The sun may be shining (if the Great British summer permits!) but the Lifetime Allowance (LTA) freeze is most certainly here. The pension LTA has been frozen at its current level of £1,073,100 until April 2026. So essentially, the total amount you can hold in your pension without being taxed on withdrawals is static for […]
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Bright summer expected for the housing market
House prices are predicted to continue rising this summer as buyer demand shows no sign of slowing down. According to data captured from conveyancing quotes by one comparison site, deals agreed between buyers and sellers during springtime could result in house price increases of 2.9% in June and 3.7% in July1. Fastest growth rate in […]
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