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How Much is Enough??
What figure do you have in mind when it comes to your retirement nest egg ? Anyone close to retirement will have these thoughts. Perhaps it would have been more prudent if they had thought about these matters much longer ago. However, we cannot turn the clock back, so the question remains, “how much is…
Time To Look Abroad? UK Workforce To Suffer “Dreadful” Wage Prospects
The Institute for Fiscal Studies (IFS) has outlined the wage prospects of UK workers as “dreadful” after Chancellor Philip Hammond’s first Autumn Statement. The IFS states that workers will be worse off financially in 2021 in real terms than they were in 2008, with lower income families to be the worse affected. Paul Johnson, Director…
A week in financial figures – 9 August 2022
The main news item over Friday and the weekend was the July non-farm payrolls report from the US. The increase was 528k, much faster than consensus for 250k and compared to 398k in June. This was the strongest payroll gain in five months and the release noted widespread job growth led by gains in leisure,…
5 Financial Milestones to Reach by the Time You’re 40
Your twenties were a time to explore career and financial investment trade offs against your long-term goals. Your thirties were a time to start planning for your future. Now, you’re in your forties, perhaps that has left you with a higher income, or maybe it has left you wondering about an early retirement. Regardless of your personal circumstances,…
Bank of England Governor Announces Inflation Rise
The governor of the Bank of England, Mark Carney, has announced that the fall in the value of Sterling will result in a rise of inflation on goods and services, starting with food prices in the next few years. Mr. Carney spoke at a public roundtable where he announced the rise, and warned that the…
Tech Firm 24.3 Billion Takeover in Jeopardy
Britan’s Most Valuable Tech Firm’s £24.3 Billion Takeover in Jeopardy What seemed to be the biggest major takeover of a UK company since leaving the European Union by the Japanese internet firm Softbank Group has been placed into doubt. The deal for the largest tech firm in the UK, Arm Holdings for £24.3 billion (29…