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April Market Commentary

Category: Uncategorized

When I started making notes for this Bulletin at the beginning of March it was quite clear what the main ‘story’ was going to be.

On March 20th Chancellor of the Exchequer, George Osborne, would deliver his Budget – and with the UK in very real danger of slipping into a ‘triple-dip’ recession and the Conservatives trailing in the opinion polls, it was simply going to be the most important speech the Chancellor had ever delivered.

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Which? survey reveals worrying trend

Category: isas & savings & Uncategorized

In a recent Which? investigation, some of the UK’s biggest banks were identified as failing to give the right advice when it comes to transferring and managing their Cash ISAs.

In the investigation, Which? placed 180 calls to 15 leading banks and building societies to assess the quality of advice given to people who want to transfer their Cash ISA savings.

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Won’t Save, Can’t Save

Category: Uncategorized

The tough economic situation for many families means few are managing to put away anything in savings. Many are simply needing to support themselves and other family members in hard times.

According to the recently published seventh annual Savings and Investment report by Scottish Widows, 31% in a survey of over 5,000 people are currently not saving anything at all.

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The Budget Summary 2013

Category: Uncategorized

To say that George Osborne faced a difficult task when he stood up to deliver his Budget speech on 20th March was one of the year’s major understatements. Both economically and politically, the backdrop to his Budget was bleak, particularly with an increase of 48,000 in youth unemployment announced barely three hours before he stood up to speak.

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Moving up and falling down

Category: Uncategorized

In our society, material wealth plays a major part in determining where people are located in terms of the broad level they occupy. For most of the 20th century, in Britain we recognised a division of society into classes, and the people within them were labelled as upper class, middle class, lower or working class.

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