Category Archives: Finance Bill

November Market Commentary

October was, to put it mildly, an eventful month. It was a month which saw the majority of markets on which we report down steeply, as fears of higher interest rates in the US combined with worries about the US/China trade war. There was, however, one market that went up sharply: Brazil elected a new president – a man who, I suspect, will feature prominently in future commentaries.

In the UK, the Prime Minister survived the latest round of calls for her head, and the Chancellor delivered his Budget a month earlier than everyone had expected. Continue reading

The upsides and downsides of downsizing

Row of typical English terraced houses in West Hampstead, London

If your family has grown up and flown the nest and you’re moving closer to retiring, it’s likely that you’ve at least thought about downsizing your home. For some it can be for practical reasons, for others it might be a desire to be closer to their children if they’ve relocated, for others still it might simply be the desire for a change of scenery as they move into the next chapter of their life. But there are pros and cons to downsizing which need to be considered before you make what is always going to be a fairly major personal and financial decision. Continue reading

What will be the impact of the Brexit divorce bill?

Thanks to the ‘breakthrough’ deal struck in early December last year by Prime Minister Theresa May with the EU, we now know that there will not be a ‘hard border’ with Ireland, that the rights of both EU citizens in the UK and UK citizens in the EU will be protected, and that the ‘divorce bill’ figure will be somewhere between £35 billion and £39 billion. Since before the EU referendum result was known at the end of June 2016, the ‘divorce bill’ – the money the UK will need to pay to the EU as a result of Brexit to cover its financial liabilities – has been a hot topic of debate. Continue reading

What will be in the Autumn Budget?

Following the final Spring Budget delivered in March this year, the Chancellor Philip Hammond is set to deliver his second budget of the year – and the first to be delivered in the new Autumn slot – on 22nd November. Mr. Hammond’s speech will follow his underwhelming performance at the Conservative Party Conference at the beginning of October, as well as delivering the first major set of financial plans from Theresa May’s government, following her less-than-successful gamble to call a snap election in June this year. Continue reading

What will the new Finance Bill contain?

A second draft of the Finance Bill 2017 was introduced in September following the first draft released earlier in the year. The government used this second version to reintroduce measures that had been taken out of the earlier, shorter draft following Theresa May’s decision to call a snap election. Continue reading