While many economies are still struggling with high inflation there are signs that the pace is starting to slow, which could pave the way for interest rate cuts later this year. To reflect this, the OECD has lifted its 2024 global growth forecast by 0.3%, when compared to the end of 2023, to 2.9%. However,
Humanity is becoming increasingly aware of how we treat our planet. With more people experiencing the effects of climate change and global warming than ever before, the campaigns to protect the Earth are becoming more urgent. Earth Day has advocated for permanent, global change to save our planet for over 50 years. Named the planet’s
Financial reviews provide you with a chance to ensure your financial decisions continue to reflect your goals and circumstances, and to assess if you’re on track. They could also be a useful way to reduce behavioural bias. Over the last few months, you’ve read about why financial reviews are important and why you may need
Economies around the world continue to struggle with high inflation and weakening demand affecting GDP. Read on to discover some of the factors that may have affected your investment portfolio in September 2023. When reviewing short-term market movements, remember to focus on your long-term investment goals. UK Official data shows the UK economy contracted by
The latest release from HMRC shows it collected a record £16.7 billion in 2021/22 through Capital Gains Tax (CGT) – a 15% increase on the previous tax year. Cuts to a tax exemption could mean CGT receipts might climb even further. CGT is a type of tax you pay when you sell or dispose of
Creating a financial plan is just the first step to reaching your goals. While you may have carefully set out what you need to do, financial reviews are still essential. Often, it’s advised that you review your financial plan once a year or following major life events. Over the next few months, you can read
Reducing your energy consumption can be a great way to cut your carbon footprint, lessening your personal impact on the environment and potentially helping to limit the devastating effects of climate change. As living costs and the price of energy are soaring, taking action to lessen your usage can also be an effective tool to
A trust can be a valuable financial tool when you want to pass on wealth to loved ones. Rather than simply handing over assets, you can set out your wishes and maintain control over how they’re used. So, understanding what your wishes are and how to ensure they’re followed is important. A trust is a
Money and financial goals are still sometimes viewed as taboo subjects, even within relationships. If you’ve been putting off conversations about finances, creating a plan together could have many benefits. Talk Money Week takes place between 7 and 11 November, so it’s the perfect time to think about who you discuss your finances with, and
Financial advice is a complex topic and often requires a professional planner to get it right. The very idea of seeking it can seem daunting, with many people unsure of where to start or who to go to. A recent trend has seen an increase in the viewership and production of content on social media
Winter is behind us and it’s that time of the year when people give their homes a spring clean. But don’t just focus on tidying up your material possessions – take some time to clean up your finances too. It could help get you on track for the coming tax year, as well as boost
The start of a new year is the perfect time to get your finances in order. A few simple changes could improve your finances in 2021 and beyond, setting you up for a healthier financial future. So, whether your finances are in a muddle or you just want to ‘do better’, here are five new