Month: April 2020

It probably comes as no surprise that much of the market update for March will be linked to the coronavirus pandemic. What started as a virus in Wuhan, China, has quickly become a global issue that’s affecting millions of people worldwide and implications for stock markets. As governments around the world impose measures to try

With more than 1.8 million confirmed cases of coronavirus worldwide and fears that up 80% of the UK population will fall ill as a result of the global pandemic, many people are looking to their insurance providers to clarify what will and won’t be covered. If you have not received any clarification directly from your

The current coronavirus pandemic has had a significant impact on the UK and global economy. If you’re self-employed, you may find that contracts have been paused or that new work has dried up, affecting your finances in the short and long term. However, steps have been taken to provide support to the self-employed that you

World Book Night – a national celebration of the joy of books and reading – turns ten this year. On the night of 23 April, tens of thousands of free books will be handed out to organisations across the country. The event is run by the Reading Agency charity, and it aims to help tackle

Over the last few months, speculation that the Bank of England would increase its base interest rate has been mounting. However, the impact of Covid-19 has changed that, leading to the central bank making two cuts to the interest rate in quick succession. Coinciding with the 2020 Budget, the base rate was cut from 0.75%,

As the coronavirus pandemic continues to dominate world headlines, here’s what it might mean for your pension and retirement plans. The pandemic has created uncertainty in economies around the globe. As a result, stock markets have experienced shocks and over the last few weeks have seen significant falls. Fears of a recession following the pandemic

We’ve now entered a new tax year. Whilst some changes were made during the 2020 Budget, other allowances and exemptions have stayed the same. Planning can help you make the most out of your finances over the next 12 months. So, which allowance should you keep in mind? 1. Personal allowance and National Insurance The

After delays and resignation, the Budget was finally delivered on March 11th. The announcements made could have an impact on your personal finances and businesses, as well as affecting where public spending goes. The Budget 2020 document is over 100 pages long, so we’ve put together a summary of the key points from this year’s

While the coronavirus pandemic has affected the health of hundreds of thousands of people worldwide, it has also had a devastating effect on small and medium-sized businesses in the UK and beyond. Following a £12 billion package of measures announced in the Budget, the Chancellor has since unveiled a substantial support package designed to help