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A week in financial figures – 9 August 2022
The main news item over Friday and the weekend was the July non-farm payrolls report from the US. The increase was 528k, much faster than consensus for 250k and compared to 398k in June. This was the strongest payroll gain in five months and the release noted widespread job growth led by gains in leisure,…
News update: 28 November 2022
Today China developments are dominating headlines, with COVID frustrations boiling over as lockdowns triggered civil unrest in multiple cities including in Beijing and Shanghai – where police appeared to struggle to disperse crowds. The protests reflect the most direct challenge to party authority since Tiananmen Square in 1989 with protesters openly chanting for the CCP and President Xi to…
Advisers Every Business Owner Should Have on Speed Dial
It’s become distinctly clear over the years that every successful businessmen has four professional key advisers on speed dial. Some are relied upon more than others but they each have a critical role to play keeping the business person focused on the important issues at hand. The Lawyer The reasons for having a trusted attorney are…
Alternative Property Investments to consider
Buy-to-let investors have seen the introduction of a raft of changes to tax rules in recent months which make being a landlord a less attractive option for many. Changes include a new 3% stamp duty land tax surcharge introduced in April 2016 on top of standard stamp duty rates for anyone buying a second home,…
Using Home to Fund Retirement is a “Delusion”
Using Home to Fund Retirement is a “Delusion” says former Minister Steve Webb, Britain’s former Pensions Minister, has stated that planning to downsize your home to secure a retirement income is a “delusion”, according to the BBC. He said that the 3 million British people who are relying on their homes for retirement are in for…
Tech Firm 24.3 Billion Takeover in Jeopardy
Britan’s Most Valuable Tech Firm’s £24.3 Billion Takeover in Jeopardy What seemed to be the biggest major takeover of a UK company since leaving the European Union by the Japanese internet firm Softbank Group has been placed into doubt. The deal for the largest tech firm in the UK, Arm Holdings for £24.3 billion (29…
