by admin | Jul 8, 2015 | Blog, Business, Economy, Finance, Government, Market Update, Small Business Blog
A budget claimed as putting ‘economic security and working people first’ saw an increase in National Insurance Contributions, the removal of Employment Allowance for companies where the director is the sole employee, outlined plans for Dividend changes, fuel duty being frozen, a new National Living Wage, the Annual Investment Allowance permanently set, and Corporation Tax being reduced. A [...]
by admin | May 15, 2015 | Blog, Business, Economy, Finance, Financial Markets, Government, News, Small Business Blog, Uncategorized
The mix of data used by the MPC to set their inflation target set the tone of the Quarterly Report from the Bank of England and the position of UK fiscal austerity. A cautious report, showing downward revisions to the near-term inflation and GDP forecasts, and a general indication that the next move for interest [...]
by admin | Feb 13, 2015 | Blog, Business, Economy, Finance, Government, Market Update
Expectation from the Bank of England is that inflation will turn negative, but interest rates may rise, stated the first inflation report of the year. However, the anticipated dip is unlikely to lead to a deflationary spiral. The Bank left 2015 growth forecast unchanged at 2.9% but raised 2016 forecast to 2.9% from 2.6% (three months ago). [...]
by admin | Aug 15, 2014 | Blog, Business, Economy, Finance, Financial Markets, Government, Market Update, Small Business Blog
For they surely will.... Inflation Report Recap. August 2013 - Forward guidance would use several indicators, mainly based upon unemployment, labour market, working hours and surveys of ‘spare capacity’ in companies. The degree of spare capacity would reflect upon any increase in Bank Rate. 18 additional indicators were added for degrees of space to the projections. [...]
by admin | May 16, 2014 | Blog, Business, Economy, Finance, Financial Markets, Government, Miscellaneous
He’d said, at the World Economic Forum, “Once goal setting is done, the Central Bank needs to be more determined toward output and there must a better understanding with set goals and the tolerance level of banking operations" and being in a bad - but improving - place is, according to Mark Carney, Governor of the [...]
by admin | Mar 3, 2014 | Blog, Business, Business Finance Junction, Business Notes, Economy, Finance, Financial Markets, Government, In Business, Monthly Musings, News, Newsletter, Noteworthy News, Small Business Blog
The banking industry has seen a rise in consumer confidence for two years in a row, according to a new survey of 32,000 banking customers in 43 countries. The study around the world showed confidence increasing most in India, followed by Saudi Arabia, with confidence falling the most in Ireland and Spain.The survey showed 60% [...]
