Read the latest news and articles from the Gem & Co team
Introduction At the start of 2016, Brexit was seen as unlikely and President Trump was seen as impossible. David Cameron was busy negotiating a deal with his European counterparts which would surely secure a comfortable majority for the ‘Remain’ camp – and while Donald Trump might manage a few wins in the primaries, he’d eventually
Read moreIntroduction Well, for the second time this year the pollsters and the bookmakers had it spectacularly wrong. First Brexit, now President-elect Donald J Trump. By 306 Electoral College votes to 232 the 70 year old billionaire overturned the predictions and beat Hillary Clinton. Yes, there is still the small matter of challenges to the result
Read moreRecent statistics from City of London Police suggest that losses due to fraud after pension freedoms were introduced could be around 25% higher than was initially estimated.The figure originally reported to the force for the first six months from April 2015 was £10.6 million.This figure has recently been revised to £13.3 million following updated statistics,
Read moreA recent study has found that the average house in the UK now takes 91 days to sell. The figure is cited in the ‘City Rate of Sale’ report conducted by the Centre for Economic and Business Research (CEBR) and the Post Office, which examines the average amount of time properties are on the market
Read moreWith Republican candidate Donald Trump defying both the polls and expectations across the globe and convincingly winning the US election over Democrat candidate Hillary Clinton, 2016 will undoubtedly go down as the year of the political upset. The US dollar took a considerable hit after Trump’s victory was confirmed, but bounced back to a thirteen-year
Read moreIntroduction The New Chancellor For the last six years, the government’s Budget and Autumn Statement have been synonymous with George Osborne – but as we all now know, the former Chancellor fell victim to Theresa May’s post-Brexit reshuffle. In fact, with his Tatton constituency likely to be impacted under the proposed boundary changes, our former
Read moreIntroduction We left you last month having reported on September as a month where ‘nothing much happened’ on the world’s stock markets. For many of the major markets October was much the same: only three of the twelve markets we cover were down in the month, but most managed only small gains. As you’ll see
Read moreThe popularity of investing in property to fund retirement remains prevalent, in spite of the government’s attempts to make buy-to-let less and less attractive. But is buy-to-let investment really a viable alternative to a pension pot, for example? A recent study has investigated the numbers behind each option. The research looked at how £100,000 would
Read moreThe latest figures surrounding the pensions lifetime allowance (LTA), which governs how much your pensions can be worth without triggering an extra tax charge, suggest that a considerable number of middle-income earners are being hit by the lower threshold. The amount collected from pensions exceeding the LTA by HMRC during the 2015-16 tax year came to
Read moreResearch from the Institute of Fiscal Studies (IFS) surrounding wealth in the UK has been making headlines in recent months. The study has found that people born during the 1980s are now half as wealthy as those born in the 1970s were at the same stage in their lives. This makes children born during the
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