Spring Budget 2022

March 24,2022 - Furnley House

Spring Budget 2022 Yesterday, chancellor Rishi Sunak delivered his Spring Statement, setting out the government’s tax and spending plans and forecasts for the UK economy. The Spring Statement, one of two financial statements the chancellor makes every year, does not normally see big tax and spending decisions announced. Yet this Budget was set against a backdrop of rising fuel, energy and food costs. Figures from the Office for National Statistics

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Charity Summer Ball returns

March 23,2022 - Furnley House

The Furnley House Foundation Summer Ball is returning on Friday 1st July with The Zinthiya Trust as the headline charity. This year’s Summer Ball is taking place at the Marriott Hotel in Leicester and includes a 3-course meal and drinks, entertainment and a charity auction and raffle. Born out of local Financial Adviser and Mortgage Brokers Furnley House’s ambition to create opportunities and improve the lives of the local community,

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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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Bank of England Raises Interest Rates

December 16,2021 - Furnley House

Bank of England Raises Interest Rates The Bank of England has raised interest rates for the first time in three years, moving the base rate from 0.1% to 0.25%. The decision to increase interest rates has been made to try and curb rising prices. Inflation has increased by 5.1% in the year to November, and data released this week shows the price of goods is climbing at the fastest pace

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Community Awards recognise amazing charities and hand out £5,000

November 19,2021 - Furnley House

Community Awards recognise amazing charities and hand out £5,000 The Leicestershire Community Champions Awards returned on Thursday 18th November at the Leicestershire County Cricket Ground, with The Zinthiya Trust taking the flagship award of Charity of the Year. The event was set up by the Furnley House Foundation to celebrate the amazing people and organisations who have gone above and beyond to help their local communities. The Furnley House Foundation

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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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Gas prices: the latest worry for tired consumers

September 22,2021 - Furnley House

Gas prices: the latest worry for tired consumers Rising gas prices and energy companies going bust is the latest financial worry. Industry group Oil & Gas UK has said wholesale prices for gas had increased by 250% since January – with a 70% rise since August. We all need gas, whether it is to run our homes, to keep our grocery stores open and hospitals running, and a significant price

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Furnley House to provide ‘plantable’ books from Willsow to thank Leicester school for charity drive school for charity drive

May 21,2021 - Furnley House

Furnley House, a leading Leicestershire independent financial adviser has donated plantable children’s books from Willsow to St Patrick’s School in Leicester. The firm’s charitable organisation, The Furnley House Foundation, has provided all 223 students at the St Patricks Catholic Voluntary Academy school with a book as a thank you for the generous donations made for its Christmas Shoebox Appeal last year where the children donated supplies of toiletries, clothes, food

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Government-backed mortgage scheme launches

April 22,2021 - Kevin Dunn

Government-backed mortgage scheme launches Mortgage lenders are now offering the new government-backed mortgage deal, launched to help those with a 5% deposit to buy a home and get on the property ladder. The availability of the new mortgages comes as UK house prices hit record high levels. According to the Office for National Statistics house prices increased by 8.5% in 2020, reaching a record high of £252,000. This surge in

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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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