Uncategorized

Summer Budget changes for owners of family businesses

July 24, 2015 by TIna

Category: financial planning & Uncategorized

There are almost 3 million family businesses in the UK, employing 9.4 million people. These are estimated to contribute a quarter of the UK’s GDP and generate tax revenues of £102 billion, according to the Institute of Family Business. Family businesses are therefore crucial to the economic well-being of not only many families, but to the country’s economic growth ambitions. With that in mind, many family businesses will have been keeping a close eye on the Summer Budget, which announced a range of measures likely to impact them in some way.

One in five reaching State Pension age, return to work.

July 23, 2015 by TIna

Category: pensions & retirement & Uncategorized

More than one in five (21%) of pensioners have gone back to work since they reached the State Pension age, or are planning to do so in the future, according to new research from Prudential. The rise of the retired jobseeker, along with the growing trend for a period of pre-tirement as previously identified by Prudential, shows how the modern retirement reality continues to shift further from the traditional norm of giving up work for good on a set date.

UK Mortgage lending trends – May 2015

July 22, 2015 by TIna

Category: Housing & Mortgages & Uncategorized

The Council of Mortgage Lenders’ (CML) latest figures for mortgage lending (May 2015) show that whilst lending levels recovered in May compared to April, they were down compared to a year ago. First-time buyers saw a decline in lending volumes, 13% down, compared to last year, but up slightly (3%) on the previous month, with total May loans estimated to be around £3.4 billion.

The Budget impact on Mortgage Lending

July 21, 2015 by TIna

Category: Budget & Mortgages & Uncategorized

The Council of Mortgage Lenders’ (CML) members are banks, building societies and other lenders who together undertake around 95% of all residential mortgage lending in the UK. There are 11.1 million mortgages in the UK, with loans worth over £1.3 trillion.

Why the Greek crisis matters to us

July 13, 2015 by TIna

Category: Economy & Lifestyle & Uncategorized

Why should you care about the Greek financial crisis? Does it really matter what happens to Greece? Wouldn’t it really be a good thing if it went back to the drachma, the currency collapsed and holidays became dirt-cheap again?

The history behind the ‘Grexit’

July 10, 2015 by TIna

Category: Economy & Lifestyle & Uncategorized

According to Business Insider magazine, Greece’s economic woes began in the 4th Century BC, a time when Plato and Aristotle were alive. Thirteen Greek city-states borrowed from the Temple of Delos, but most of the borrowers defaulted and the Temple lost 80% of the money it loaned.

Summer Budget changes for owners of family businesses

One in five reaching State Pension age, return to work.

UK Mortgage lending trends – May 2015

The Budget impact on Mortgage Lending

Why the Greek crisis matters to us

The history behind the ‘Grexit’

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