May Market Update

Geopolitical tensions increased in May, as did concerns over the strength of global growth. Trade tensions intensified between the US and China, and later in the month between the US and Mexico, as President Trump announced plans to impose a 5% tariff on all Mexican...

CBI WARNING O ER NO-DEAL BREXIT

The CBI has warned potential Tory leadership candidates about the consequence of a no-deal Brexit, as the Prime Minister’s announcement of her imminent departure has effectively put the Brexit process on hold until a new leader is elected. On 24 May, Theresa May...

UK GROWTH BOOSTED BY STOCKPILING

The UK economy benefited from a sharp one-off boost to growth in the first quarter of the year as manufacturers stockpiled ahead of a Brexit that never came. Data released by the Office for National Statistics (ONS) revealed that gross domestic product (GDP) rose by...

WHO IS HIT HARDEST BY INHERITANCE TAX?

The Office of Tax Simplification has been tasked by the Chancellor to make Inheritance Tax (IHT) simpler and more streamlined, and to review the rules on gifting, pensions and property. Recommendations are due to be announced shortly. In a recent consultation, more...

WHEN WAS THE LAST TIME YOU REVIEWED YOUR WILL?

Having taken the important and responsible step of making a Will, many people simply put it in a safe place and forget about it. However, there are times throughout your life when it makes sense to review and revise its contents. Family changes Over the years, family...

WHAT WILL INFLUENCE YOUR INCOME NEEDS IN RETIREMENT?

There’s a lot to think about when you’re planning your income needs in retirement, and a variety of factors that can influence the amount of income you might need. Working for longer The concept of retirement is now more fluid, with workers choosing to continue into...