2023 inflation forecast: the only way is down?

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

Company cars: not-so-free fuel

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

Premium bonds: rate cut and prize boost 

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

Your New Year financial checklist 

2022 was an eventful year, giving you good reason to think about your financial planning for 2023.   Last year we saw three prime ministers, four chancellors, no formal Budget (even if the Autumn Statement looked remarkably like one), high inflation, … Continue reading

Cohabitation law reforms rejected 

The government has rejected proposals to modernise cohabitation laws in England and Wales, leaving it up to individuals to arrange their financial affairs for partners and dependents.   In August, the House of Commons Women and Equalities Committee published The rights … Continue reading