Keep your powder dry and let the worm turn
What will the Autumn Statement mean for you and the UK?
The much-anticipated Chancellor’s Autumn Statement on Wednesday contained some good news for workers and measures that will help ISA savers and investors, but the overall effects on the UK economy remain to be seen.
Chancellor Jeremy Hunt announced he was cutting the rate of National Insurance from 12% to 10%. This will be effective from...
Investment value and the Autumn Statement
I am pleased to report that whilst I have been in South Africa, with the Autumn Statement happening, values on market investments seem to have been nudging gently upwards, after unrelenting negativity. That’s helpful but the opportunities are not quite so attractive of course then – but still compelling.
We have just issued what we...
Don’t put pension planning on the back burner
Assurances have been made that the State Pension age is ‘unlikely’ to rise to 68 years-old but the ongoing speculation does bring into focus the need to have a clear understanding of the issues and to plan for retirement.
The current age is 66 and the Work and Pensions Secretary recently said in parliament it...
Planning ahead: Money changes still to come in 2023
What else is likely to happen in the months ahead to affect your outgoings and money matters, especially with costs continuing to increase, at least in the short term?
London-based newspaper Metro has undertaken an interesting exercise looking at possible changes to household bills still to come in the rest of this year.
Most are fairly...
Would you remove your own appendix to ‘save money’?
UK tax boost and healthy investments
So we’re told the Chancellor had £31billion more in tax receipts in January than he expected. So much for forecasts… who’d like to forecast how many forecasters predicted that? It may be very controversial to say so, but Liz Truss and Kwazi Kwarteng were the closest but that’s another story (and their problem was...
Careful investment and risk
New Year rally
Well, welcome to the highest ever levels for the FTSE100, what a pleasant ‘Father Christmas’ (well New Year) rally. The thing is, our market isn’t dear so the levels are nothing about which to be worried either. The same week also saw not the Bank of England Governor’s wish (he said wrongly in public...