Inflation: Watch the pennies, but not at the expense of the pounds

May 11,2022 - Furnley House

Inflation: Watch the pennies, but not at the expense of the pounds Inflation is a global concern and in the UK we are being warned to brace ourselves for further price rises. Consumers may be trying to reduce their outgoings by cutting down on the weekly shop or using less fuel, and even though these small savings add up, it is important not to lose sight of the bigger financial

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The Bank of England Raise Interest Rates rise to 0.75%

March 17,2022 - Furnley House

The Bank of England Raise Interest Rates rise to 0.75% The Bank of England has today raised interest rates to 0.75% despite a stern warning from the Chancellor, Rishi Sunak, that war in Ukraine is creating ‘significant economic uncertainty’ in Britain. Members of the nine-strong Monetary Policy Committee voted to increase the base rate from 0.5 per cent to 0.75 per cent in a move which aims to tackle rising

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An Autumn Budget for a New Age

October 28,2021 - Furnley House

An Autumn Budget for a New Age Budgets now come with a campaign slogan, and this autumn Rishi Sunak has presented the public with a Budget for a “new age”, one which he says will prepare the country for a post-Covid “age of optimism”. Mr Sunak faced a reprimand from Speaker of the House Sir Lindsay Hoyle for briefing the press earlier this week on upcoming Budget announcements before presenting

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Actor Daniel Craig says he won’t leave great sums of money to his children; Talking about Inheritance

August 26,2021 - Neil Haley

Actor Daniel Craig says he won’t leave great sums of money to his children; Talking about Inheritance “Isn’t there an old adage that if you die a rich person, you’ve failed?” the Bond actor Daniel Craig told Candis magazine, adding: “I don’t want to leave great sums to the next generation.” He says that his philosophy is to get rid of his fortune before he dies. Craig’s high profile and

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Family Fortunes

May 27,2021 - Matt Hughes

Family Fortunes was a British television game show which first aired in 1980 and ran for over twenty years. It was such a beloved and popular show that it was revived last year, this time bringing in a range of celebrity guests. The game involves two families providing answers to everyday questions that were surveyed by 100 members of the British public before the show (e.g., ‘Name something usually done

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From start-up to fast-growing business: Getting to grips with becoming an employer

April 15,2021 - Neil Haley

From start-up to fast-growing business: Getting to grips with becoming an employer If you are thinking about employing staff, your business is obviously doing well and growing. Hiring staff is an exciting next step for any aspiring company. It may be that you have secured a large contract and need a lot more help, your workload is becoming too much for you to manage alone or you are joining up

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Remortgaging: using equity in your home to fund life changes

March 18,2021 - Kevin Dunn

Remortgaging: using equity in your home to fund life changes Divorce, home improvements, debt consolidation; for many people time spent in lockdown during the Covid Pandemic has brought a desire for change. Whether you are reorganizing your finances to clear debt, remodeling your home to spark joy or accepting that a relationship is over, if you own your own home remortgaging is one of the ways you could facilitate the

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Budget 2021

March 03,2021 - Furnley House

Budget 2021: our view on what it means for  personal finances Today, Chancellor Rishi Sunak delivered his Budget, setting out the government’s tax and spending plans and forecasts for the UK economy. There were probably more eyes focussed on the Chancellor delivering his 2021 Budget than ever before. A year into the Covid pandemic, finances across the country have been severely damaged with a record £270bn borrowed by the government

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Aged 48 or under? Your retirement plans might have changed.

February 18,2021 - Matt Hughes

You may have missed in recent news that the age at which people can access their private pension money will change, raising the age from 55 to 57. This new rule will come in to effect in 2028, and it means that anyone currently 48 or under will have to wait an extra two years before they can access any of their private pension savings. This will not be welcome

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Divorce and Pension: Why forfeiting pension money in divorce could be a mistake

February 11,2021 - Paul Fazackerley

Emotions can run high when a marriage or civil partnership comes to an end. If you are facing divorce, then understanding how valuable pensions are in that conversation is extremely important. Pensions are often one of the most valuable savings pots grown during a marriage. Those who divorce later in life can often hold sizeable pension savings, and in some cases they might be as large as the value of

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