Worldwide Financial Planning

This week the World Economic Forum in Davos provided some refreshingly original news. While Trump and Brexit were still firmly on the agenda, one of the key events was the address by Chinese president Xi Jinping – the first by a Chinese leader at the summit.

The transferable marriage allowance allows couples who are married or in a civil partnership, to transfer part of their annual allowance to each other.

In truly unprecedented fashion the entire world was shaken by a single press conference. Currency markets convulsed, entire sectors crashed
and the global geo-political order was strained, all in the space of an hour.

Research by comparison website, uSwitch, found that 85% of people expected to carry credit card debts into the New Year, while 52% still expect to be paying these debts off next Christmas.

Elsewhere the positive end to the year enjoyed by the markets has carried over, with most markets gaining on their previous record high valuations. Even more Brexit controversy, with the UK ambassador to the EU not only resigning but giving the government both barrels on the way out, failing to have much impact.

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