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September 2024
What is GDP and How is it Calculated?
Gross Domestic Product (GDP) is a key economic indicator that measures the total monetary value of all goods and services produced within a country’s borders over a specific period, typically a quarter or a year. Every government in every country wants to drive growth in GDP, as it generates greater revenue for public spending without…
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…
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