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November 2024
Investment market update: October 2024
While inflation is stabilising in many major economies, markets continue to experience some volatility, which may have affected your investment portfolio. According to the latest International Monetary Fund’s Global Financial Stability Report, markets could be underestimating the risks of conflicts and upcoming elections. Indeed, the rising price of gold suggests some investors are seeking a…
2 key Budget announcements that may affect your financial plan
Chancellor Rachel Reeves delivered the new Labour government’s first Budget on 30 October 2024. Amid the announcements were key changes to Capital Gains Tax (CGT) and Inheritance Tax (IHT) that could affect your financial plan. Ahead of the Budget, prime minister Keir Starmer said it would be “painful” as there was a £22 billion black…
Interest rates are predicted to fall to 3% next year and could slash mortgage repayments
There could be good news on the horizon for mortgage holders. Experts are predicting that the Bank of England (BoE) will gradually reduce the base interest rate over the next 12 months, which could slash your mortgage repayments. The BoE’s base rate has a direct effect on the cost of borrowing, including through a…
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