Mark Carney, the new Bank of England governor, today gave his first major speech since taking office at Threadneedle Street.
Addressing representatives of the CBI East Midlands, Derbyshire and Nottinghamshire Chamber of Commerce and the East Midlands Institute of Directors, the Canadian-born governor reaffirmed his commitment to ‘forward guidance’ – a policy which only a few weeks ago confirmed that interest rates would be kept at the historically low Read More
More than a quarter of British retirees are likely to downsize in order to fund the rest of their retirement, research published by Prudential reveals today. More than a quarter of British retirees are likely to downsize in order to fund the rest of their retirement, research published by Prudential reveals today. Read More
Nearly half of Britons regard themselves as savers and ‘take a keen interest in savings and investments’, according to research published today by Aviva.
Based on a study of 2,000 adults, 46 per cent say they would class themselves as ‘savers’; 84 per cent claim they are ‘careful with money’; and 56 per cent of those polled insist that they ‘get a buzz from finding good deals on mortgages, savings, and investments.’ Nearly half of Britons regard themselves as savers Read More
Do you consider yourself to be wealthy? Do your friends and family and your contemporaries believe you to be wealthy? A recent poll, carried out by our company, found that this is likely to depend on where you live in the world.
Our survey told us that for people to be considered wealthy in Hong Kong, they would need some 2.8 million USD, in the United Arab Emirates it’s slightly less at 2.6 million USD, the US would be 1.4 million USD, UK 1.3 million USD and finally in South Read More
FATCA is having a marked effect on the millions of American expats across the world who have found themelves in deep trouble due to a lack of available and sensible financial advice, and are responding by giving up their US passports. FATCA is having a marked effect on the millions of American expats across the world who have found themelves in deep trouble due to a lack of available and sensible financial advice, and are responding by giving up their US passports. Read More
Today’s announcement from HMRC on pension transfers into QROPS (Qualifying Recognised Overseas Pension Schemes) adds further credibility to the sector and is further proof that QROPS are becoming ever-more mainstream. Today’s announcement from HMRC on pension transfers into QROPS (Qualifying Recognised Overseas Pension Schemes) adds further credibility to the sector and is further proof that QROPS are becoming ever-more mainstream. Read More
One of the things that most characterises our age is our addiction to instant gratification. Sure, it is wonderful to have tools like internet shopping, which means that we are never more than a 24-hour delivery period from anything our hearts could possibly desire, but when it comes to success in business there is, I believe, no such phenomenon as overnight success. One of the things that most characterises our age is our addiction to instant gratification. Sure, it is wonderful to have tools like internet shopping, which means that we are never more than a Read More
Trip Advisor, the travel and hospitality review site, is once again hitting headlines after mischievous users of the site managed to have an entirely fictitious Brixham (Devon, UK) restaurant propelled to the top of the rankings. Trip Advisor, the travel and hospitality review site, is once again hitting headlines after mischievous users of the site managed to have an entirely fictitious Brixham (Devon, UK) restaurant propelled to the top of the rankings. Read More
The UK’s career politicians are hindering British business, according to a new poll of FTSE 100 firms’ bosses.
A staggering 89 per cent of those surveyed in the research, carried out by Korn/Ferry, one of the world’s largest recruitment and management consultancies, said that they believed that the current crop of MPs were holding back the country’s business potential due to “a lack of commercial experience.” The UK’s career politicians are hindering British business, Read More