7th July 2016

Westminster

The economic effects of leaving the EU could cause unemployment to rise in the UK which would reduce the pressure for wage growth. The Treasury estimated that wages will be between 2.8% and 4% lower at the point of maximum impact. However, if the UK remains a member of the EU for at least another […]

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5th July 2016

Broken UK Euro Egg

The UK’s exit from the European Union after 43 years is now set to happen. The vote by a majority of British people to leave the European Union on Thursday 23 June represents a very significant decision for the UK, for the European Union and indeed for the wider global economy. The UK voted to […]

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1st July 2016

Existing commitments re-examined in post-Brexit climate During the referendum campaign, the Prime Minister, David Cameron, said the so-called ‘triple lock’ for state pensions would be threatened by a UK Brexit. In their 2015 election manifesto, the Conservatives promised to extend the triple lock on state pensions – a guarantee that they rise every year until 2020 by […]

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1st July 2016

Maintaining a long-term perspective is the key to investment success As was widely predicted, a vote to leave the EU wiped billions off companies’ share prices. Low interest rates and volatile stock markets are likely to be the order of the day for the foreseeable future, and any rise in interest rates would be good […]

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1st July 2016

No laws have changed A week before the EU referendum, the Chancellor of the Exchequer, George Osborne, warned that a vote to leave the EU might result in tax increases too. He spoke about a 2p rise on the basic tax rate (currently 20p in the pound) and a 3p rise in the higher rate (currently 40p). He […]

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1st July 2016

Will the Bank of England cut interest rates? Before the EU referendum vote, the Treasury predicted a vote for Brexit would mean a rise of between 0.7% and 1.1% in borrowing costs. The Prime Minister, David Cameron, claimed the average cost of a mortgage could increase by up to £1,000 a year.

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1st July 2016

For the UK to leave the European Union, it has to invoke an agreement called Article 50 of the Lisbon Treaty. The Prime Minister, David Cameron, announced on Friday 24 June he would be stepping down as prime minister by October, and he or his successor will need to decide when to invoke Article 50 which […]

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1st July 2016

One of the most important relationships you may ever have Few people really have the time to understand the significant number of financial products on the market at any time. If you’re looking to invest, buy a protection product or plan for the longer term, expert professional financial advice is essential to help enable you […]

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1st July 2016

Getting your pension in shape to enjoy the kind of lifestyle you want in later life ‘Will I be able to afford the retirement lifestyle I want?’ is a question that many people ask but struggle to figure out. There are many ways to assess your likely income in retirement and work out how much […]

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1st July 2016

Investment company growth story of the decade Over a third of the investment trust company sector is invested in alternative assets suggests research from the association of investment companies (AIC). The term ‘alternative’ is used to cover many other types of investments that are not traded on stock markets. These might include the shares in […]

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