Labour have won the 2024 UK General Election with a significant majority – gaining over 400 seats and an estimated 35% of the vote. From taxes and pensions to how the stock market has reacted, here’s what a new Labour government could mean for you and your money.
January is an opportunity to make resolutions and commitments. There is no reason why we shouldn't use it to bring order to our finances as well! This week, Tom Fleming takes you through several painless tweaks you can make so you can be sure that your finances are still on track after all the commotion of Christmas.
The Bank of England has just voted to hold interest rates at 5.25% for the third time in a row. The US central bank has signalled it could start cutting interest rates next year if inflation continues to fall.
October may have been a month to forget, but November was certainly one to remember. In fact, 2022 was a whole year to forget for investors. This year, on the other hand, has very much been characterised by returns on risk assets – US technology in particular.
Interest rates look as though they are starting to level off, catalysing the emergence of a new investment environment with opportunities that have not existed for a long time. This week, Investment Analyst Nick Harrington considers what 2024 might hold for investors.
As the Treasury and the country more widely gear up for the Autumn Statement, the UK is on a glide path to normal inflation levels. Pay rises are now outstripping inflation by the highest levels for two years, and the current interest rate hike cycle appears to have peaked. It’s been a good month so far – the best this year. Will December deliver further gains?
