This Spring Statement was always intended to be a fiscal non-event. Chancellor Rachel Reeves had promised that there would only be one major economic event each year and last October’s controversial budget was most definitely intended to be it. Speculation has been rising that this Spring Statement might break that promise, and bring some surprises …
Financial scams are a rising problem in the UK, with more than £1.17 billion in financial losses in 2023, according to banking body UK Finance. UK Finance’s most recent figures suggest over £570 million was stolen in the first half of 2024. Almost everyone knows a friend or family member who has been a victim …
Annuity sales hit their highest level in a decade in 2024, with higher rates tempting retirement savers to swap their pension pots for a guaranteed income for life. Insurers sold 89,600 annuities last year, up 24% on the year before – and the highest level since 2013, according to trade body the Association of British …
One in every 42 homes – more than 700,000 – in the UK is now worth more than £1 million, according to new research from estate agency Savills. The vast majority of these – just under 350,000 – are in London while another 160,000 are in South East England. This means one in every 11 …
Introduction The FTSE 100 hit another record high in February, and both the UK and the Eurozone fared surprisingly well in the face of Trump’s tariff threats. How long European equity markets will continue to outpace US markets remains to be seen but for now it is with some irony that Trump’s aggressive economic policy …
