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The economy bounces back

Jun 5, 2021 | Newsletter

The Bank of England has upgraded its growth forecast for the coronavirus-hit UK economy and signalled it will not raise interest rates in the near term – despite seeing a looming spike in inflation ahead. The latest meeting of the central bank’s interest...

Over 50s employment prospects hit hardest by pandemic

Jun 3, 2021 | Newsletter

Official data reveals large proportion of over-50s have worked fewer hours and are more likely to have been made redundant in the wake of the pandemic. The figures from the Office for National Statistics showed that workers aged 50 and over were more likely to report...

The spectre of inflation becomes a reality

Jun 1, 2021 | Newsletter

UK inflation jumped in March, driven by the higher cost of petrol and clothes in a signal that prices are moving to an upward trajectory as the economy recovers from the coronavirus pandemic. The Office for National Statistics (ONS) said the consumer prices index rose...

Semiconductor stocks set to gain from microchip shortage

May 30, 2021 | Newsletter

The COVID-19 pandemic has brought about a rapid shift to digitization, accelerating the demand for various products and devices dependent on chips for their functioning. As people were forced to stay and work from home to curb the spread of the virus, it led to...

Mortgage wars

May 28, 2021 | Newsletter

A mortgage price war could be in the offing as banks flood the market with fresh deals. Hinckley & Rugby Building Society launched a two-year discount variable mortgage at 0.99% this month, the first sub-1% rate in a year. Meanwhile, a raft of state-backed 95%...

Bounce-back optimism for investors

May 26, 2021 | Newsletter

Investors searching for stronger returns post-Brexit are increasingly zooming in on the Far East, with Japan and China currently being the most attractive markets for UK investors. According to new data that City-based bank and brokerage firm Charles Schwab. Around...