Dealing with uncertainty in the economy featured heavily throughout the Chancellor’s speech, ensuring there is stable fiscal policy enabling businesses to plan ahead was central to today’s announcements.
Despite many experts predicting a rise in inflation to a two-year high, the latest figures from the Office for National Statistics (ONS), released last week, showed a decrease in the Consumer Prices Index (CPI) to 0.90%. Whilst this came as a surprise to many, inflation is still expected to rise sharply over the coming year, above the Bank of England’s 2% target.
It has been a quiet period overall for activity in the savings market, as providers appear to be holding a collective breath, in anticipation of measures being introduced to support savers in this week’s Autumn Statement. However, there are a small number of providers that are making waves in our best buy tables.
We come across many questions when speaking to clients about estate planning. One of the most common areas of misunderstanding surrounds the valuable ‘normal expenditure out of income’ exemption.
As Premium Bonds turn 60 many of you may be wondering if they have aged well, as they remain a popular choice for savers. Do they represent good value in today’s savings market and how do they compare to other options?
Last week marked the 5th anniversary of the launch of the Junior ISA and in that time, they have become a popular way for parents and grandparents to put money aside for children. But are they a good option for those looking to save for their child’s future and how have they fared in today’s rate cutting environment?