Client News
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September 2024
September Market Commentary
As inflation cools and interest rates look likely to come down over time, the world is expecting a gradual return to economic normality in the second half of 2024. However, it’s never quite that straightforward. Changes in government around the world create temporary blips as we wait to see if policy will change with personnel,…
School Fees Hit With VAT from January 2025
Private schools will lose their special status from January 2025 and have to add VAT to their fees from that date, Labour have confirmed. Whilst schools can also recover VAT for the first time and offset some of their own costs, it’s unclear how many schools will do this in practice so parents are bracing…
Property vs Pension
Investing in property as a retirement strategy has become popular, particularly after the post-financial crisis housing boom, driven by low interest rates and government incentives. Many who ventured into buy-to-let investments instead of traditional pensions benefited from a period of cheap mortgages and rocketing house prices. However, the outlook for buy-to-let may not be as…
Gloomy Starmer: Budget is “Going to Be Painful”
Speaking in the Downing Street ‘rose garden’, made famous during the pandemic for lockdown parties and ‘that’ Dominic Cummings interview, Keir Starmer delivered a sobering speech on 27th August that sets the tone for the budget at the end of October. It’s “going to be painful” he said, asking the country to “accept short-term pain…
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