Wages Could Finally Outstrip Inflation
New research suggests that wages could rise by more than inflation for the first time in almost six years this month and that the UK economy will see “decent but unspectacular” growth this year.Continue reading
Monthly Archives: April 2014
More People Switching Accounts
More than 600,000 people have changed their current account provider in the first six months of a scheme designed to make switching banks easier, a rise of 14 per cent on the same period a year ago.Continue reading
Trade Deficit Narrows
The UK’s trade deficit narrowed more than expected in February, helped by a fall in imports, mainly in aircraft and aircraft parts, which fell 46.3 per cent, contributing to three-quarters of the total fall in imports in the month.Continue reading
Further Boost To UK Economic Growth Forecast
A new report from the International Monetary Fund (IMF) has predicted that UK economic growth will reach 2.9 per cent in 2014 and says that the country will be the fastest-growing in the G7 group of nations this year.Continue reading
Record High For UK Services Export Sales
The UK services sector exports rose to an all-time high in the first quarter of this year according to the latest Quarterly Economic Survey from the British Chambers of Commerce (BCC).Continue reading
Happy New Tax Year For Some
Today (April 7) is the first working day of the new tax year 2014-15 and with it comes a number of changes to taxes, pensions, savings and the financial environment generally.Continue reading
Pensioners Can Pay A Weekly Top Up
Pensioners over the age of 61 will be able to get higher pensions by topping up their payments by up to £25 a week from the autumn of 2015 under new Government plans. Continue reading
A New Tax Year Approaches
With the new tax year ending this weekend (April 5), there are a number of important allowances and tax reliefs that will be lost if people do not use them now, although others can be carried over to the 2014-15 tax year.Continue reading
House Price Rises Showing ‘Moderation’
Although house prices in the UK rose in March for the 15th consecutive month, taking the average value of a home in the UK to the highest since January 2008, the rise was only 0.4 per cent, compared with a 0.7 per cent rise in February.Continue reading
Surge In High-Growth Firms Across The UK
New research shows that the number of high-growth firms in the UK increased by 30 per cent last year, with the rise in such operations being spread out across the country, not just centred on London and the South East.Continue reading
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