February 2024 - Philip J Milton & Company Plc

Two million ‘face debt’ after self-assessment tax returns

An unpleasant surprise often awaits people doing their self-assessment tax return for the first time – and a recent study shows many end up in debt as a result. The self-assessment deadline of January 31 is now past of course, but analysis by Royal London has shown that up to two million people could resort...

Inflation, deflation and market views

US inflation figures are higher than hoped (3.1% v 2.9% expected), jolting the market again and pushing Euro:Sterling to the highest since August 2022 and strengthening the Dollar. Our inflation at 4% was slightly less than expected but we have now entered ‘Recession’ with ‘two quarters of negative growth’ – good in attacking inflation but...

Are you confident about your retirement plan?

A recent study by Standard Life has shown that less than one in 10 of those aged over 65 feel confident about managing their retirement finances. Retirement is of course an uncertain time for many people, whether financially or simply the trepidation of entering the unknown and perhaps not knowing how you might spend your...

Consumer confidence

‘Consumer Confidence’ has risen for the third month and now at a two-year high, regardless of what negativity you may hear in the media. This seems to be supported by buoyant consumer spending since last autumn as well. It’s good, as it will reflect in economic output but will too much enthusiasm dampen the Chancellor’s...

Two million ‘face debt’ after self-assessment tax returns

Inflation, deflation and market views

Are you confident about your retirement plan?

Consumer confidence

Risk Warning

Find us on Facebook

Recent Tweets

Philip J Milton & Company Plc

Financial Ombudsman Service