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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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Don’t Fall into the Inflation Trap as you get Older

Category: Uncategorized

Earlier this month, the Office for National Statistics updated the ‘national shopping basket’ – the national basket of goods that the ONS uses to monitor rising prices. The big news for the headline writers was that ‘Champagne was out; e-books were in,’ as a nation struggling with the recession stopped celebrating and started reading books at 99p.

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Long Term Care Fees

Category: Uncategorized

It is estimated that 1 in 5 men and 1 in 3 women in the UK over age 65 will need care within their lifetime.

NHS Continuing Healthcare

If a person's medical condition is unstable and/or unpredictable and necessitates the need for constant 24 hour specialist/acute nursing care, they may be eligible to receive NHS Continuing Care. This means that the NHS will contribute towards the cost of care.

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The Remarriage of a Widow or Widower

Category: Uncategorized

It is perfectly realistic for a widow(er) to form another relationship. However when the survivor dies the estate of both parents can finish up in the hands of another family. It usually happens accidently. Whilst IHT can absorb 40% of family wealth over up to 2 nil rate bands this potential threat can deprive the next generation of 100% of their wealth.

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