Latest News and Articles
This week saw Donald Trump and Joe Biden each gather enough backing to set up a re-run of the 2020 battle for the White House, as they both secured their parties’ presidential nominations. Taking place on the 5th November, fireworks can be expected with no love lost between the two candidates. With just…
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The “British ISA” announced in the Spring Budget is expected to be delayed until after the general election, most likely becoming available in April 2025. The British ISA, which allows savers to invest £5,000 a year tax-free into the British stock market, will not be introduced in the new tax year after the Treasury concluded…
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In the same vein that the Mansion House Compact is looking to encourage investments into UK unlisted companies with pensions, Jeremy Hunt is looking to introduce the ‘Great British ISA’ as a £5,000 extension to the current £20,000 annual ISA allowance. Outside of the debate around the dictation of asset allocation, which should vary between…
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This year’s International Women’s Day celebrates the global theme of “Invest In Women: Accelerate Progress”, which emphasizes the importance of the equality and wellbeing of women in all aspects of life. This includes financial empowerment – much progress has been made in many social, economic, and political areas to improve equality for women. However, financial…
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It was a broadly positive week for equity markets. Investors welcomed the news on Thursday that the Federal Reserve’s preferred metric for inflation in January was in line with expectations at 2.4%. This supports the belief that we will start to see interest rate cuts in the United States, perhaps from the middle of the…
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Much of the growth in the S&P 500 over the past year has been fuelled by the emerging investment opportunity within artificial intelligence. Bang at the centre of this technology is Nvidia’s graphics processing units (GPUs). Nvidia’s GPUs enable researchers and businesses to extract valuable insights from large datasets through AI and machine-learning algorithms.…
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As earnings season continues, economic data was also the focus of investors’ attention this week. On Wednesday, UK inflation for January came in at 4% on an annualised basis. This showed prices were rising at the same rate as the December data, but were lower than market expectations of around 4.2%. The pound fell against…
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The Chancellor, Jeremy Hunt, will deliver his Spring Budget in the House of Commons on 6 March. While nothing is certain until the day, rumours are swirling about what his plan for the UK economy will include. Ahead of an election later this year, the government would not want to go to the…
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The intestacy rules for England and Wales have been changed…belatedly and with real consequences for some estates. If you do not have a valid will then the decisions about what happens to your estate on your death are governed by the laws of intestacy. These may not work as you might hope or expect them…
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Weekly Market Update – Week Ending 22/03/24
It was a strong week for financial markets with investors cheering central bank interest rate decisions. On Wednesday, the Federal Reserve (Fed) held US interest rates at the range of 5.25%-5.5%. The move was widely expected, but what pleased the market was that Fed officials are still forecasting three rate cuts for this year. There…
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