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July Market Commentary

June was a good month for British and Chinese manufacturing, a disastrous month for General Motors (GM) and sadly, the England team who can now be found on the beaches of the Algarve. At least they escaped the anger directed at South Korea’s players, who were pelted with toffees on their return to Seoul! UK […]

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Over Two Million Over-55 Homeowners Bank On Downsizing

Up to 2.3 million homeowners aged 55 and over are banking on raising money from their homes through downsizing and on average hope to raise around £85,300 each from their property deals, according to new research from Prudential. When asked how they plan to make use of the money raised, over-55 downsizers are equally as […]

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7 Alternatives to Using Pensions to Save for Retirement

Faced with a hefty 55 per cent pensions tax bill because of HM Revenue & Customs new lower lifetime pensions allowance, many middle-to-high earners with generous pension arrangements are seriously on the lookout for alternatives to pensions as savings vehicles for retirement. That is quite a few savers potentially hunting around, considering that approximately 360,000 […]

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Hopeful Homebuyers Underestimate Cost of a Mortgage

Many homebuyers are living hopefully, underestimating the cost of mortgages and would need to heavily cut back on spending in order to make ends meet, according to research by Experian. The average price of a property targeted by first-time buyers is £235,000 while typical household income is £50,674, the research has found. When asked, these […]

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Demystifying Quantitative Easing

The policy of Asset Purchases by the Bank of England (or any other Central Bank) is often known as ‘Quantitative Easing’. We first saw QE in 2000 in Japan when the central bank used it to ease deflation. The US Federal Reserve (Fed) employed QE in 2008, while the Bank of England’s Monetary Policy Committee […]

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