During November, Theresa May secured her Brexit deal that was signed off by the leaders of the 27 remaining European Union leaders in less than an hour. While this was a small victory for Theresa May, she faces a much bigger struggle to get this approved by the UK Parliament with the crucial vote due…
UK and EU agree draft withdrawal deal
On Tuesday 13th November, the UK and the EU agreed a draft Brexit withdrawal deal. The deal covers the terms under which the UK will leave the EU: the financial settlement, residency rights, a backstop to avoid a hard border in Northern Ireland and the transition period; It does not establish the future trading relationship…
Market update – October 2018
October proved a difficult month for the stock market. The trade tensions between the US and China, on-going Brexit negotiations and the EU’s rejection of Italy’s draft budget all seemed to weigh heavily on global equity markets. The FTSE 100 ended October at 7,128.10, which was 5.1% lower than the September closing figure of 7,510.20….
Market update – September 2018
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…
