[vc_row][vc_column][vc_column_text]Bank of England’s monetary stimulus depresses investment returns which is increasing pension gaps; joblessness predicted to hit 5.5% by the end of next year. Meanwhile the FTSE 100 is booming. It’s not just workers fretting about the yawning funding gaps in UK companies’ pension plans. In the aftermath of the Brexit vote, investors are getting worried as…
The UK is predicted to avoid a recession and the world Economy will stabilise according to economists at credit agency’s Moody’s. Although markets dived on the referendum result in June, stock prices have recovered and now economists also believe the impact of the vote will be relatively modest, compared with some early fears. The lower…
LONDON, Aug 14 (Reuters) – Britain’s exit from the European Union could be delayed until at least late 2019 because the government was too “chaotic” to start the two-year process early next year, the Sunday Times reported, citing sources it said were briefed by ministers. Britain voted to leave the EU on June 23, but…
A group of British expats in France are bringing a legal challenge to Brexit, pushing the UK parliament to have a vote on the triggering of Article 50. As it stands the Prime Minister can start the 2 year process of leaving the EU now through a process called the Royal Prerogative, however lawyers believe Parliament…
Leaving the EU could cause a major funding blow to UK Universities. 2.3 million students studied at universities across all levels in the UK in 2014- 2015. 436,585 of these, roughly 19%, came from other countries. In recent years there have been more students from other EU member states enrolling in universities throughout Britain, with…
Voters in France, Germany, Spain and Italy state that the UK should be offered a tough Brexit deal, rather than favourable terms, according to a survey that reveals the gulf in expectations between Britain and the EU. A poll by Ipsos-Mori showed that 39% of French people think the EU should offer the UK unfavourable…
Over half a million EU nationals resident in Britan may be forced to leave the UK in the wake of Brexit according to the latest analysis. The Social Market Foundation (SMF) has found 590,000 EU nationals currently living in the UK would not meet the residency requirements to be automatically guaranteed the right to remain…
UK may have to pay £50 billion into the EU pension fund. About 60% of the votes from the UK to leave the EU are pensioners, and it is the pensions they rely on which will be the hardest hit. The combined deficits of all U.K. defined-benefit pension schemes, normally employer-sponsored and promising a specified monthly payment…
Cyprus gives tax breaks to lure expat home buyers. The new draw for pastures new on the Island of Cyprus is an array of government incentives. Instant residency, half price title deeds, tax breaks for property owners and a chance to obtain a European Union passport. Last summer Cyprus passed legislation that allowed anybody who spends…
Overseas buyers mortgage enquiries have risen 50% since the Brexit vote. International property investors are expected to flood the UK and take advantage of favourable buying conditions by snapping up a wide range of homes across the country, according to a new report. The demand increase from buyers abroad is to be expected, with Sterling…