Budget Summary: Summer Without A Picnic?

Budget Summary: Summer Without A Picnic?

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 [...]
The Uncertainty Of Inflation

The Uncertainty Of Inflation

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). [...]
When Will Interest Rates Rise?

When Will Interest Rates Rise?

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. [...]
Pitching Goals

Pitching Goals

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 [...]
Business Finance Junction – March 2014

Business Finance Junction – March 2014

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% [...]