Bitcoin plummets as sentiment turns negative

The price of the leading cryptocurrency has dropped through a critical $20,000 support level as the digital token continues to collapse. It’s the lowest price for Bitcoin since 2020, with analysts expressing concern that sentiment for the cryptocurrency could continue to plummet. In the latest price drop, Bitcoin fell below $19,000, losing around 9% of its value in 24 hours. …

Male, pale and stale continues to dominate UK boardrooms

There is still no female leadership at half of the UK’s largest companies. According to new research, half of listed UK companies have no women in the boardroom, and more than 40% still fail to meet targets for female executive leadership. The annual Women on Boards UK study, called the Hidden Truth About Diversity and Inclusion in the FTSE All-Share, …

June 2022 Investment & Economic Update

Our latest monthly investment update for June 2022 looks at how the global investment markets, economy, and commodities perform. The FTSE 100 index of leading UK company shares closed at the end of May at 7,607.66 points, up 63.11 points or 0.84% during the month. Markets across Europe started June on a positive note, despite a new warning about food …

Cost of living crisis preventing financial milestones

Could the cost of living crisis stop you from achieving critical financial milestones? A new poll by interactive investor found that 36% of consumers are worried about the impact of rising prices on their financial planning. The poll of more than 3,000 website visitors found that 21% expect to delay their retirement plans due to surging price inflation. A further …

Consumer credit adverts are misleading borrowers

The financial services regulator has warned lenders and brokers to stop using misleading terms in advertisements or face regulatory action. The Financial Conduct Authority (FCA) has warned that the cost of living crisis is causing more people to borrow money. When borrowing, marketing that fails to provide clear information and warnings about the potential consequences of borrowing money can place …

How working from home can help beat Putin!

As strategies to defeat Putin’s invasion of Ukraine goes, it’s certainly novel. The European Union (EU) is asking citizens to use less Russian energy by driving less, turning down their air conditioning, and working from home three days a week. By following these steps, individuals living in the EU could save around £375 a year – while also helping to …

Robust house price growth during the pandemic, but what next?

What has happened to the value of your home since the onset of the first lockdown two years ago? New figures from lender Halifax show the average UK home has risen in value by £43,577 since the onset of the Covid-19 pandemic. According to Halifax, the 18.2% increase in typical house prices means the average home is now worth £282,753. …

national insurance tax hike

National Insurance tax hike explained

The controversial National Insurance tax hike has come into force, with workers and employers feeling the pinch from today. Employees, employers and the self-employed will pay an extra 1.25p in the pound in National Insurance, with the tax revenue earmarked for increased government spending on social care. Next year, the extra National Insurance tax will be called the Health and …

April 2022: Investment & Economic Update

Our latest monthly investment update for April 2022 looks at how the global investment markets, economy, and commodities perform. The FTSE 100 index of leading UK company shares closed at the end of February at 7,515.68 points, up 57.43 points or 0.77%. European markets ended March relatively stable as investors waited for news of US jobs data. Analysts in the …

avoid online scams

Watch out for these deplorable Ukraine-related scams

Beware of this malicious new scam attempting to take advantage of the crisis in Ukraine. Action Fraud is warning about a string of fake emails that claim to be raising funds for Ukrainian refugees. According to the national fraud reporting centre, almost 200 reports of these fraudulent emails have been received. Fraudsters are claiming to be raising funds for victims …