The FTSE 100 was relatively benign in September, ending the month at 7,510.20, which was 1.0% higher than the August closing figure of 7,432.42. In the US, the Dow Jones Industrial Average’s performance was up 1.9%, closing September at 26,458.31. In terms of £ Sterling, it ended September at 1.30 US Dollars. This was 0.6%…
Market update – August 2018
The FTSE 100 had a difficult August, ending the month at 7,432.42, which was 4.1% lower than the July closing figure of 7,748.76. In contrast, in the US, the Dow Jones Industrial Average’s performance was up 2.2%, closing August at 25,964.82. In terms of £ Sterling, it ended August at 1.30 US Dollars. This was 1.2%…
Financial planning in divorce, dissolution and separation
Going through a divorce or separation can be stressful. We will help relieve some of that stress and support you through difficult financial decisions by building short and long term financial planning strategies. We can help you through the financial complexities of divorce proceedings, dissolution and separation. Together, we can identify and prioritise your financial…
Bank of England Base Rate rise and market updates for July 2018
The Bank of England Base Rate The Bank of England’s Monetary Policy Committee today raised interest rates for the first time since November 2017. The change is a small one, moving from 0.5% back up to 0.75%. Whilst today’s move is unlikely to have a significant impact on your finances, those on variable rate mortgages…
Market update – July 2018
July saw the resignations of Boris Johnson and David Davis following the reported cabinet “agreement” on the UK’s future relationship with the EU after Brexit as well as Donald Trump’s visit to the UK. Parliament is now two weeks into the summer recess. The FTSE 100 ended July at 7,748.76, which was 1.5% higher than…
Market update – June 2018
The 44th G7 summit was held in June and Donald Trump continued his trade war with aluminium and steel tariffs, which have been reciprocated by the country’s largest partners, including Canada, Mexico, the European Union and China. The FTSE 100 ended June at 7,636.93, which was 0.5% lower than the May closing figure of 7,678.20. …
Market update – May 2018
The FTSE100 ended May at 7,678.20, which was 2.2% higher than the April closing figure of 7,509.30. It is now 8.8% higher than the March closing figure of 7,056,61 and more or less back to the 2017 closing figure of 7,687.77. In the US, the Dow Jones Industrial Average rose 1.0% to close May at…
Market update – April 2018
Following the Easter weekend, global stock markets rallied in April as fears of a trade war between the United States and China reduced on the back of a Trump “friends” tweet. However, the biggest gains were in the UK following Mark Carney’s surprising announcement that the expected interest rate rise in May was now less…
The 2018/19 tax year
The 2018/19 tax year starts at the stroke of midnight between the 5th and 6th of April. While many individuals leave tax planning to the end of the tax year, you can look to maximise the benefits by using your personal tax allowances* and reliefs straight away. Please get in touch to take advantage of…
Market update – end of March 2018
March was another difficult month for global stock markets with the threat of a trade war between the United States of America and China affecting confidence. While this appeared to cool as we ended the month, we were then presented with a rise in US interest rates and the anticipation of an increase in UK…
