Dec 19, 2020 | Newsletter
The UK government has pledged £7.3bn in a refreshed package of support for self-employed people. But critics say that almost 3 million workers may be out of pocket, with the second coronavirus lockdown in England, and the Covid-19 restrictions in Scotland, Wales and...
Dec 17, 2020 | Newsletter
Billions of pounds in support for struggling households has been paid out since the first lockdown, protecting more than 9 million jobs. The furlough scheme had been due to end on October 31 but has now been extended for a month. It means staff who cannot work will...
Dec 15, 2020 | Newsletter
Yearly house price growth increased to 5.8% in the year to October 2020, Nationwide’s House Price Index has found. This represents an increase from the 5% growth in September 2020. Monthly price growth has slowed from 0.9% between August and September to 0.8% between...
Dec 15, 2020 | Newsletter
Coronavirus has altered the retirement plans of one in eight older workers, with one in three reporting a worse financial situation, according to research by the Institute for Fiscal Studies (IFS). The think tank’s study was based on a survey of data from the English...
Dec 13, 2020 | Newsletter
UK companies’ Q3 dividend pay-outs were the lowest for ten years and almost half the level seen in Q3 2019, according to the Link Dividend Monitor. British firms paid just £18bn to shareholders in Q3 2020 on a headline basis, 49.1% lower than their Q3 2019 total...
Dec 11, 2020 | Newsletter
The state pension is set to rise just £4.40 a week next year, in the smallest rise allowed by legislation. The increase means the ‘new’ basic state pension is set to rise from £175.20 to £179.60 a week – representing £228.80 a year. The ‘old’ basic-rate state...
Nov 30, 2020 | Newsletter
Gold and Bitcoin may be more popular assets among investors at the present time. However, their recent price gains and the appeal of British shares may mean that investing your money in the stock market is a superior move. The short-term prospects for cheap UK shares...