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.
As China’s economy falters, inflation continues to trend down in the US and there are grounds for optimism on this side of the Atlantic. The UK economy grew faster than expected in the second quarter, and the recent pullback is the perfect buying opportunity for those investors who have been playing it safe up until now.
The UK may have the highest debt interest costs in the developed world. The Bank of Japan made a surprise decision on its bond market and yield curve control, and Germany heavily invests in the semiconductor industry. Overall, the markets are enjoying some stability at last.
Wealth Manager Tom Fleming takes a look at wealth-building strategies for individuals at all stages of their careers, but especially for young people who are just beginning their professional lives. Consider sharing this guidance with your children to help them establish a strong financial foundation early on.
The US has successfully tamed inflation, unlike the Bank of England which faces the need for further interest rate hikes. The global economy undergoes a shift from a binary state to a more balanced one.
Property vs pensions, which is the better investment decision? Nick Rolf compares investing in property and pensions for retirement funding, discussing the advantages and disadvantages of both approaches, including tax benefits, potential returns, and risk factors.
2023 has seen significant movement in global financial markets, with AI stock surges, a banking crisis, and relentless interest rate hikes leading to a rollercoaster ride for investors. IQ’s CIO provides a summary at the halfway point of the year.
