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Raising retirement age will not fill the ‘black hole’

Recent figures have suggested that the government will be forced to cut back on healthcare spending, raise taxes or increase borrowing to care for the UK’s ageing population, even if the retirement age was immediately raised to 75. An economic study has found that population growth slowing and the increase in cost for healthcare are […]

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Average price for first home reaches record high

A recent study has found that the average deposit first-time buyers need to pay on a home has now risen to nearly £33,000. This is thanks to the average price of a first home now climbing to a record figure of £207,693. The Halifax First-Time Buyer Review discovered that almost half (47%) of all house […]

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Will interest rates ever rise?

The deputy governor of the Bank of England has stated that the bank should not be tempted to increase interest rates due to “imponderables” within the UK economy. The comments from Ben Broadbent, an ally of the governor of the Bank of England, Mark Carney, and a member of the Monetary Policy Committee (MPC), were […]

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August Market Commentary

July got off to the best possible start when Janet Yellen, Chair of the US Federal Reserve, announced that there would be no more financial crises “in our lifetime.” Speaking on a trip to London, she said that the reforms of the banking system since the 2007 to 2009 crash had “minimised the risk of […]

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