Welcome to our news page! Below you will find a range of content focused on financial topics from pension planning to mortgages. We hope you find the articles of interest.

Does the rate cut affect your mortgage?

With the Bank of England cutting their interest rate from 0.5% to 0.25%, many households in the UK will be hoping to see a knock on affect. The most noticeable change would be expected to be in mortgage payments. An estimated 11.1 million households in the UK have a mortgage. The Office for National Statistics (ONS)...

Inheritance Tax receipts reach records high of £4.6bn

Inheritance tax receipts have reached record levels under the current system, as HM Revenue and Customs gathered £4.6bn during 2015/16. Receipts were 22 per cent higher than in the previous year and nearly £1bn higher than the previous peak in 2007/08. Since then IHT receipts had slumped after that year because of policy changes and...

The Bank of England’s Monetary Policy Committee (MPC) has voted to cut the Bank Rate to 0.25%.

The Bank of England’s Monetary Policy Committee (MPC) are currently playing a trade-off between delivering inflation at the target (2%) and stabilising activity around the UK economy’s potential for growth. The fall in the value of sterling has inflationary pressures – the cost of imported goods will rise because our currency can’t buy as much of...

Referendum – One Week On

Since the outcome of the referendum was announced, events have moved quickly. Stock markets have fallen around the world and the pound has devalued by around 10% to date against the US Dollar and 7% against the Euro. Despite this the FTSE 100 now currently stands at a higher level than it was in April...

New & Old State Pensions compared. What does the change mean for you?

A new State Pension system was introduced on 6 April 2016. Here we explain the reforms, and what has changed. Why did we need a new State Pension? The old State Pension system was complex, had high levels of means-testing and produced inequality – for example, women tended to have lower State Pensions than men....