A little more than a year after coronavirus hit our shores…
COVID support understandably featured front and centre of Chancellor Rishi Sunak’s second Budget on 3 March, in what is an extraordinary and challenging time for the UK and global economies. The Chancellor’s pledge to “continue doing whatever it takes” set the tone for proceedings, with the statement centring around a three-point plan offering support for […]
Read More
Economic Review – March 2021
BoE: Outlook ‘unusually uncertain’ The Bank of England (BoE) has expressed growing confidence that a near-term recovery is gathering pace, although policymakers appear split over the country’s longer-term economic prospects. Gross domestic product (GDP) figures released by the Office for National Statistics (ONS) showed the UK economy shrank by 2.9% in January as the third […]
Read More
News in Review
“We set out our roadmap and we’re sticking to it“ On Easter Monday, the Prime Minister confirmed that restrictions in England are to ease as planned on 12 April, with non-essential shops, gyms, hairdressers and outdoor hospitality venues set to reopen. Mr Johnson said, “We set out our roadmap and we’re sticking to it. And […]
Read More
A little more than a year after coronavirus hit our shores…
COVID support understandably featured front and centre of Chancellor Rishi Sunak’s second Budget on 3 March, in what is an extraordinary and challenging time for the UK and global economies. The Chancellor’s pledge to “continue doing whatever it takes” set the tone for proceedings, with the statement centring around a three-point plan offering support for […]
Read More
What did the 2021 Budget have to say about housing?
Rishi Sunak stood up on Wednesday 3 March to give his highly anticipated Budget speech to the House of Commons. While other coronavirus support measures were first on the agenda, the Chancellor’s speech also revealed some important housing measures. Extension of Stamp Duty holiday The Chancellor announced a three-month extension of the temporary £500,000 nil […]
Read More
Hopes of a “swifter and more sustained economic recovery”
Chancellor of the Exchequer, Rishi Sunak, delivered his second Budget on 3 March, which centred on a three-part plan to continue supporting people and businesses through the pandemic, to fix public finances once recovery is underway and to lay the foundations for the future economy. The Chancellor opened his statement by revealing the latest predictions […]
Read More
News in Review
“It is only because of months of sacrifice and effort that we can take this small step to freedom” The Prime Minister has stressed “we must proceed with caution”and warned that we do not know “exactly how strong” the country’s defences against another wave of COVID will be despite the UK’s “very impressive” vaccine rollout. […]
Read More
Mortgages: A brief history
To reach their dream of homeownership, most aspiring buyers depend on being offered a mortgage. In Q2 2020, the outstanding value of all residential mortgage loans had reached a staggering £1,513.3bn1. But where did it all start? Pre-1900s Estimates of homeownership are sketchy prior to the 20th century, but data from 1831 has led to […]
Read More
