Many of us now have a lot more spare time on our hands.
This time, spent at home complying with government guidelines, can prove challenging, but also a welcome opportunity to explore new hobbies and interests.
According to new research, over 60s plan to spend more time enjoying their homes and gardens.
The dichotomy of wanting to supply a service, to keep your business solvent, but at the same time wanting to keep your family safe through social distancing, is a challenge for people and governments to find a solution to and tackle the fear of risk. If reopening is enacted too early, or people believe it is too early, fear of the virus could do more economic damage.
There is always an anomaly that appears during a crisis to disrupt markets or economies to an extreme, and the COVID-19 crisis is no exception. Rising production and collapsing demand, due to a deliberate policy of an economic shutdown, is causing an unprecedented glut in the oil market. This has sent oil prices for West Texas Intermediate (WTI) to a multi-year low, which reached negative at one point.
One of the unfortunate consequences of the coronavirus pandemic is a rise in scammers.
During challenging times, scammers seek to take advantage of the uncertainty to con people out of their hard-earned money.
Did you feel happier when you heard the news about Prime Minister Boris Johnson leaving hospital?
It has been 28 days since Boris Johnson delivered his address announcing that the UK will be placed in a state of lockdown. On Thursday, the Foreign Secretary, Dominic Raab, declared that the lockdown would be extended for at least another 3 weeks. It seems like we have settled into our social distancing routine. We have adapted to our working life and we have discovered new hobbies to replace our commutes.
We previously wrote, just two weeks ago, about the risk of economic forecasts during this period of uncertainty. The unreliability of data during the lockdowns will, in turn, make the forecasts equally unreliable. Although there is some consensus around how long economies will take to get back to pre-crisis levels, the range of forecasts for how much damage will be done is historically wide.
Over the past decade, many changes have been made to the UK retirement savings environment.
This has had an impact on how and when we believe we can retire. How has this affected your own thoughts on when you can retire?
While we expect markets to remain volatile to the upside and downside for the remainder of the year history teachers us that it is important to remain invested throughout.
We timing markets is a fools errand but time IN markets consistently delivers returns over time.
How are you getting on with balancing homeschooling and work? Schools have closed for the foreseeable future, all exams cancelled, and parents across the UK find themselves at home having to support their children’s learning and education. On a positive note, this gives parents the opportunity to teach their children everyday life skills – things…