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Financial Planning, Investment, Long Term Care, Pension
Despite production cuts agreed by OPEC, US Shale production has steadily increased, overwhelming any action to prop up the oil price.
This has great relevance to investors, as the near doubling in oil prices since the low point of around $28 at the start of last year is the primary driver of the inflation we've seen creeping up across the globe.
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TRUMP PROPOSES TO LOOSEN BUSINESS TAX RATE AND DRAGHI KEEPS RATES FLAT
What we got was a single page of tax wishes, which as far as we could tell consisted of a lot less tax, coincidentally (we're sure) for Donald Trump, but also individuals and corporations.
It’s easy to jump on the huge fall in the FTSE100 as another sign that ‘markets do not like uncertainty’.
I’ve heard that for a long time and there are as many times it remains true as untrue. Furthermore, this election appears to have been called on the possibility of gaining a larger majority, diluting her anti Eurosceptics in the party and strengthening her poker hand for negotiations with Brexit.
Friday morning saw another piece of poor economic data for the UK: retail sales slowed 1.4% quarter on quarter. We have also seen two consecutive months of decline in the index of production, whilst inflation is over the BoE's target, with the potential for further rises to come.
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Brutal costs of using banks to exchange foreign currency
With the Easter holidays upon us, and the Summer season on the way, I thought I would cover the ways to save significantly on holiday purchases, and rather than paying banks, you might enjoy an extra few bottles of wine here and there.
Many used a mortgage to top up their purchase, but with the new government’s ever changing goalposts, borrowers are being crippled with a frightening financial imprisonment.