A new Labour government – what next for housing? Following the Labour Party’s landslide election win, what changes might be in store for the UK housing market? In the Prime Minister’s introduction to the King’s Speech on 17 July, Sir Keir Starmer stated “Too many people currently live with the threat of insecurity and injustice, […]
Author archives: servicedemoevolvesites
News in Review
“We need to go further and faster if we are to fix the foundations of our economy” Last week, Chancellor Rachel Reeves announced the launch of a National Wealth Fund (NWF), which has been created to increase investment in the UK. A key Labour manifesto promise, the Chancellor pledged £7.3bn of state funding to “unlock […]
Holidaying in peace – check your home insurance
Are you looking forward to a long holiday this summer? Don’t spoil the fun and relaxation; make sure you leave your home fully insured. Inform your insurance provider You may think that it doesn’t make a difference whether you go on holiday for two weeks, a month, or more. However, most insurers require you to […]
In the news
Are you a magpie investor? Almost one in ten (9%) adults are. These so-called magpie investors buy luxury items hoping for an increase in value and an attractive return, according to new research1. The assets invested in include jewellery, watches, collectibles, classic cars, art, wine, whisky, and accessories such as clothes and handbags. Magpie investors […]
News in Review
“We need to move forward together” After a historic landslide victory for the Labour Party, Sir Keir Starmer became the seventh Labour Prime Minister on Friday. Securing a massive 412 seats, the incoming Prime Minister spoke outside 10 Downing Street for the first time, declaring “Our country has voted decisively for change, for national renewal […]
Don’t score an own goal: check your pension is protected
Football presenter Jeff Stelling has warned people to be on the ball and check their pension protection in a new campaign by the Financial Services Compensation Scheme (FSCS). Every year, the FSCS receives thousands of claims from people who have lost money from their pensions when their financial providers have gone out of business. The […]
Brighter outlook for global economy as inflation eases
At times in the past two years, it seemed to some that inflation would never come down. Double-digit inflation became routine. Now, with price rises back near normal levels, optimism is returning to financial markets. Disinflation diaries Inflation has fallen well below the multi-decade highs witnessed in many countries since 2022. In response, central banks […]
Positive news for UK dividends, but will it continue?
Dividend investors have been rewarded so far in 2024, with payouts from UK shares rising by 4.9% in the first three months of the year compared with the same period in 20231. The data tracks dividend payouts from 900 UK companies and comes as good news for income seekers. Computershare upgraded their headline forecast from […]
News in Review
“With consumer demand on shaky ground, an incoming government can help business by ensuring that the UK is the most attractive place to start, grow and run a business” New retail data from the Confederation of British Industry (CBI) has highlighted a softening in retail sales in June, with a similar expectation for July, as […]
Economic Review – June 2024
Prospect of rate cut moves closer While last month once again saw the Bank of England (BoE) leave interest rates unchanged at a 16-year high, the minutes to the Bank’s Monetary Policy Committee (MPC) meeting signalled a notable change in tone and economists now view a rate cut as the most likely outcome when the […]
