In 2022, most of the world’s major share indices had their worst year since 2008, but the UK’s FTSE 100 was a star performer. Index 2022 Change FTSE 100 +0.9% FTSE 250 -19.7% Dow Jones Industrial -9.2% Standard & Poor’s … Continue reading →

The frozen personal allowance may be overtaken by the new state pension in only a few years, proving the income tax screw is well and truly tightening. Source: DWP, HMRC, OBR. The new state pension, payable to eligible individuals who … Continue reading →

Inflation surged in 2022, but can it reverse in 2023? Source: ONS, Eurostat, BLS.   Forecasters of inflation were way off target for 2022. For example: In December 2021, the Bank of England’s Monetary Policy Committee said “CPI inflation was expected … Continue reading →

If your employer pays for the fuel in your company car, it may cost you more than you expect. As the Autumn Statement was not a Budget, detailed publications that would normally emerge as the Chancellor sat down have taken … Continue reading →

From January, National Savings & Investments (NS&I) will increase its premium bond prize fund rate to 3% and reduce £25 prizes, instead increasing the number of higher-value prizes that are up for grabs.   In January 2022, about 98% of all … Continue reading →