State pension payment delays

Hundreds of new pensioners could face anxiety and stress owing to delays in payments of their state pension, campaigners have said. The Department for Work and Pensions admitted that the pandemic and staffing issues had caused backlogs in payments to those reaching...

Protecting yourself from inflation

Inflation is back. Last month, the consumer prices index was up 3.2% and the retail price index up 4.8%. They will go higher. The Bank of England forecast that the CPI would reach 4% this autumn and could see the RPI hitting 6%. This is happening at a time when we are...

Energy cost crisis

Britons are bracing themselves for an expensive winter as a global surge in the cost of gas at wholesale has led many companies to drastically increase their prices. While many companies have reacted by hiking up costs even more for customers, others have taken...

What next for the bond market?

A lot of people, especially some of the economists, feel that inflation is structural in nature. In case inflation tends to be more sticky or tends to be more aggressive and violent, that could affect the bond market. One has to remember that for the last decade or...

UK dividend recovery at risk

A rapid recovery in UK dividends could be derailed by new rules governing how UK companies manage their cash flow liabilities, actuary Lane Clark & Peacock has warned. UK dividends have jumped 61% this year from the 2020 low with £19bn paid out in the second...

Inflation may prompt interest rate rise next year

A Bank of England policymaker has suggested that UK interest rates could rise in the next year if the recovery continues and rising prices lead to ‘more persistent’ inflationary pressures. Michael Saunders, a member of the Bank’s Monetary Policy Committee which sets...