Category: Business Finance

(announced on 8th July 2020) Key Headline Announcements On Wednesday, 8 July 2020, the Chancellor, Rishi Sunak, pledged to protect, support and create jobs and get pubs and restaurants going again as he unveiled a package to kickstart the economy’s […]

It was media heaven last week as the headlines screamed about the worst week for investors since the global financial crisis in 2008 The Coronavirus has encapsulated the fears of investors; like the disease, they fear the spread and fallout in markets will ultimately lead to the next recession. Policymakers around the world look to grapple with the consequences of transport and supply chain disruptions resulting from efforts to contain the outbreak. A degree of forbearance is needed for companies who have been affected the most from the global supply chain disruption. It is important that any policy response needs to be granular and specific, as the previous blunt tool of interest rates cuts will arguably not be sufficient in this instance.

Assets managed by investment companies have surpassed £200 billion for the first time. An investment company often referred to as an investment trust, is a form of a collective investment fund. It has a closed-end structure, which differs from unit trusts or open-ended investment companies OEICS), where new units are created and cancelled based on investor demand.

It’s official. The UK economy has shrunk in size for the first time in seven years. According to the latest official figures from the Office for National Statistics (ONS), the British economy contracted during the second quarter.

Many organisations have made a case for Modern Monetary Theory (MMT) in recent years. In simple terms, MMT is an argument that nations that issue currencies, like the UK and Pound Sterling, can never run out of money in the […]

Will you be better or worse off because of today’s Budget? In a relatively quiet Budget our summary answers that question, please read on to find out. Winners Earners The Chancellor brought forward an election pledge to increase both the […]