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Category Archives: Financial News
Spring Statement 2025
The first Spring Statement delivered by the current Chancellor of the Exchequer, Rachel Reeves, on 26 March, made for fairly gloomy headlines. The OBR (Office for Budget Responsibility) has downgraded its estimate of growth for the UK economy from 2% to 1% for the current year, although it has upgraded Read the full article…
Market Update – March 2025
Stock market performance for the year to date has been dominated by the potential impact of US trade tariffs. US markets had initially risen following Donald Trump’s inauguration, buoyed by his “America First” policy programme. These gains were short-lived, as US markets then declined sharply during February. Investors remain worried Read the full article…
Deadline for topping up state pension
The deadline of 5 April 2025 is fast approaching to pay voluntary national insurance (NI) contributions on gaps in your NI record between 2006 and 2018. Topping up can potentially make a huge difference to the amount you receive in state pension, and in some cases, partial years can be Read the full article…
Market Update – December 2024
2024 was dominated by geopolitical uncertainty, as over 80 countries, between them holding roughly half of the world’s population, voted in pivotal national elections. Meanwhile, interest rates remained at elevated levels for longer than expected due to inflation proving stickier than forecast, leading to increased market volatility. News and investor Read the full article…
State pension for 2025/26 tax year
The increase to the state pension from 6th April 2025 has been confirmed as 4.1%, taking the flat-rate state pension to £230.30 per week (up from the previous £221.20 per week). This equates to just over £12,000 per year or £1,000 per month. The increase was confirmed in the Autumn Read the full article…