I’ve had a huge request for information on crypto, including from the young person who had not only her money stolen, but her family’s money that she introduced to the ‘nice man’.
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MIXED NEWS FOR THE UK AS TECHNICAL RECESSION IS CONFIRMED BUT INFLATION CONTINUES DROPPING
Most people would associate a recession with rising unemployment, something we have yet to see. So far belt tightening in the retail sector is dragging down growth figures thanks to poor Christmas sales but if it keeps up, we can expect job losses eventually. That the last six months haven’t exactly been great for the UK economy should come as no surprise to anyone.
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Last of the New Year financial tips
By Worldwide Financial Planning
Categories
Financial Planning, Investment
Pensions - go deep into that cupboard and take out that dusty old boring pension and make sure its fit for purpose. It won’t be long before you need it. There are a few obvious things to look at - charges, performance of the fund, and also how the pension’s rules are set up.
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MARKETS REASSESS THE TIMING OF RATE CUTS AS CHINA TAKES STEPS TO END THE SELL-OFF
The drop was sparked by a really positive US jobs report which showed more than 350,000 new jobs were created in January. This was far higher than expected and, combined with above inflation wage
growth, adds potential upward pressure for inflation.
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Lowering debt costs
By Worldwide Financial Planning
Categories
Financial Planning
There should be a connection between knowing what is in your wallet and how close to empty it is. I remember well as an 18-year-old shaking my trousers with dread the morning after a night out. It simply meant I was staying in for three weeks.
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US AND UK RATES LEFT UNCHANGED AS MARKETS ASSESS MIXED UPDATES FROM US TECH STOCKS
The recent modest reduction of inflation meant the decisions to leave rates unchanged was no surprise. Jerome Powell and Andrew Bailey tried to cool expectations of early rate cuts but weaker US jobs data re-established the positive mood in bond markets as UK, US and European goverment debt rallied.