News

UK car sales see sharp drop in October as both consumers and businesses cut back

Further disappointing and worrying news for the car sector as the Society of Motor Manufacturers & Traders (SMMT) reports a sharp 12.2% year-on-year (y/y) drop in new registrations

Smaller Lifetime Care Awards Means Accident Victims Need to Take More Investment Risk

Lump sum pay-outs need to last at least 50 years, warns IW&I

Average age of award recipients is just 10 years old

IW&I welcomes regular review of the discount rate

Hammond’s reported pension tax relief cut is ‘fundamentally flawed’

The Chancellor’s reported slashing pension tax relief for older workers is misguided, short-sighted and counterproductive, warns

Cable: FCA report confirms RBS took small businesses to the brink

The Financial Conduct Authority has confirmed it is investigating whether “further action” is needed against Royal Bank of Scotland (RBS) for the way it treated small business customers.

Economic Diary for Week Commencing 23rd October 2017

Graham Spooner, Investment Research Analyst at The Share Centre, gives his thoughts on what to expect from companies announcing results week commencing 23 October 2017.

Spain and Catalonia’s constitutional crisis is an “alarm call” for investors

Spain’s constitutional crisis, triggered by Catalonia’s push for independence, is an “alarm call for global investors”

46.2% of Toys and Games Will be Sold Online by 2022

By Molly Johnson-Jones, Senior Retail Analyst at GlobalData

The UK toys & games market will grow 16.2% over the next five years

Savers missing out on almost £4 billion amid high inflation and low interest rates

Low cash ISA rates and high inflation have left UK savers £3.81 billion short

Police and prison officers will be hundreds of pounds a year worse off by 2022, TUC analysis reveals

Government’s so-called “pay rise” is really a pay cut, says TUC

Police set be £450 a year worse off by 2022, prison staff will be £980 down

Monarch’s collapse is a red flag for pension savers

The collapse of Monarch is “a not-to-be-ignored red flag” for people on the cusp of retirement, warns the boss of one of the world’s largest independent financial services organisations.

SONIA reform to be implemented on 23 April 2018

The Bank of England has today confirmed that its reforms to the SONIA interest rate benchmark will take effect on Monday 23 April 2018.

Time to Grow Our Way Out of Austerity Says the CBI

The UK needs a Budget that will enable the country to grow its way out of austerity, the CBI has said in its submission to the Chancellor of the Exchequer.