UK economy

August 3, 2022
Bank of England’s rate hike would be harmful to UK economy premium
The forecast interest rate hike by the Bank of England to be announced on Thursday is harmful to the economy and is, in effect, a misery rate rise. The latest decision comes amid skyrocketing prices and indications the UK may face a recession this year. As the Bank of England took a passive stance for much too long in 2021 as the country was emerging from Covid lockdowns and prices were starting to soar, they now feel the need for an aggressive move on rate hikes. Yet I Read More
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Nigel Green
August 12, 2020
Recession in Britain will lead investors to seek options overseas premium
A rising number of UK and global investors will move their assets overseas as the country enters its worst ever recession. It was announced on Wednesday that Britain’s economy suffered its largest decline on record between April and June as coronavirus lockdown curbs drove the UK officially into recession. Indeed, the economy contracted by 20.4% compared with the first quarter of 2020. This is the deepest recession in UK history, and the deepest ever of Read More
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Nigel Green
January 12, 2015
The latest vow to slash Inheritance Tax premium
In an interview with The Sunday Times - and in a clear attempt to court pensioners and home owners - Chancellor George Osborne has pledged to slash inheritance tax (IHT). In an interview with The Sunday Times - and in a clear attempt to court pensioners and home owners - Chancellor George Osborne has pledged to slash inheritance tax (IHT). Read More
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Nigel Green