The impact of raising the State pension age
New research shows how the most recent increase in state pension age has hit those affected. The last change in State pension age (SPA) was phased in between December 2018 and October 2020. Over that period, the SPA for both … Continue reading
Flaming June sees interest rates flare
June was a month for rising interest rates on both sides of the Atlantic. Source Bank of England, Federal Reserve June was a notable month for interest rates: Firstly, the US central bank, the Federal Reserve (the Fed) increased its … Continue reading
Spiking inflation: what’s going on?
In April, UK inflation reached a level not seen since the early 1980s – many people’s entire adult lives. Source: ONS. UK inflation was widely expected to jump in April as the new Ofgem utility price cap took effect. Nevertheless, … Continue reading
The Chancellor’s May economy statement: all about energy
In late May, the Chancellor announced new measures to counter the rising cost of living, in particular energy prices. Source: Ofgem. Initial measures for 2022 In early February 2022, the Chancellor announced a package of measures to reduce the impact … Continue reading
Buy-to-let tax changes bite with rising interest rates
Changes to tax rules made some years ago could soon inflict financial pain as interest rates rise. In the post-election Budget of 2015, the then Chancellor, George Osborne, announced a surprise set of changes to the tax rules for buy-to-let … Continue reading