Financial New Year Resolutions

Over half of people over 45 say they don’t set a new year’s resolution. But small changes from 1 January could make all the difference to your future. Here are three common goals for people at different stages of their saving and investing journey and how you can make...

What next for Capital Gains Tax?

Alarm bells will be ringing for many taxpayers and their advisers following the report published by the Office of Tax Simplification (OTS) on 11 November 2020. Its recommendations, which are made independently to the Government, have the potential to increase capital...

Will vaccines provide a market booster?

Pfizer and BioNTech recently announced that their coronavirus vaccine had been stunningly successful in trials. Moderna followed a week later, and then AstraZeneca and Oxford University. The stock market looks ahead and it’s not hard to see that a vaccinated world...

What does 2021 hold in store for oil stocks?

BP (BP.L) and Shell (RDSB.L) rose recently, amid reports that the Organisation of the Petroleum Exporting Countries (OPEC) and its allies were close to agreeing a freeze on oil output. OPEC is nearing a consensus, according to Bloomberg, after rejecting Russia’s...

The stamp duty stampede – what next?

The UK’s surging housing market could go into sharp reverse next year if the stamp duty holiday is not extended, risking a damaging slump, the government has been told. The £3.8bn stamp duty giveaway unveiled in July has been credited with fuelling a mini-boom in the...

Business leaders warn of no-deal Brexit

Business leaders have warned that a Brexit “tidal wave” of red tape is going to hit British industry on 1 January even if a trade deal is struck in the coming days. The Confederation of British Industry deputy director general Josh Hardie pleaded with the UK and EU to...

Inheritance tax bill warnings

The UK is in the midst of an economic crisis as a result of the coronavirus pandemic, putting the country in a double dip recession. The concerning state of the economy was once again highlighted recently as the national debt jumped to more than £2 trillion. The...

Will forced house sales pull prices down?

House prices were predicted to fall as soon as lockdown hit, but that hasn’t really panned out. The stamp duty holiday is being cited as a potential reason, so it’s definitely worth keeping an eye on prices when that ends. Commentators point out that...

Brexit and house prices

On 31st December, the post-Brexit transition period ends and, with or without a free trade deal with the European Union, the UK will start life outside the EU’s single market and customs union. That will, pretty much all economists tell us, have a substantial economic...

The benefits of active funds

When allocating funds in a portfolio, one of the questions investors face is whether to use active or passive funds. Simply put, active managers try to beat their benchmark. They will try to pick the best countries, sectors or stocks, and gather them up in a portfolio...