Blog

  • Is recent instability a cause for alarm for emerging market investors?

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    Over the last two decades, emerging markets have been attractive to investors and investment strategies have followed an ever globalising trend. High growth rates in developing nations have meant that large profits have been generated in riskier assets outside of the more stable markets that have long dominated global economics. Often double-digit...
  • Alexander Beard Group branch out into Lloyd’s broking market

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    Alexander Beard Group branch out into Lloyd’s broking market Cheshire headquartered international financial services business, Alexander Beard Group (ABG), are delighted to announce the launch of Chilton Beard Limited, a new broker in the London Insurance Market, offering direct access to the Lloyd’s and London Markets. Based in the City of London...
  • Interest rate rise: What does this mean?

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    The Bank of England has raised interest rates from 0.5% to 0.75%, only the second rise in a decade. Currently, interest rates stand at their highest since 2009 and reflect what the Bank of England perceive as a general pick-up in the economy. The Bank said that a rise in household spending has strengthened the British economy. Economic growth for t...
  • Do androids dream of income tax?

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    By 2030, it is estimated that one in five jobs in Britain will be automated. When you consider that the workers currently doing these jobs pay income tax, this may pose quite a problem for the Inland Revenue. One solution that has been suggested is that of a ‘robot tax’. You could be forgiven for not knowing that the word ‘robot’ comes from the Cze...
  • What does the US trade war with China mean for the rest of the world?

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    Trump’s presidency has seen U.S. trade policies return to a bygone era of protectionism. At the start of July, the U.S announced $34 billion of tariffs on Chinese goods, suggesting that Trump has China firmly in his sights. With $16bn more in the pipeline and Trump advising his administration to prepare to collect a further $200bn worth of Chinese...
  • UK properties slower to sell than a year ago

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    While people may be experiencing difficulties in selling their houses, the flip side for those buying a property is that house prices haven’t been rising. This is good news for first time buyers in particular. According to the Halifax, the UK’s largest mortgage lender, in the year leading up to June 2018, house prices rose at their slowest pace sin...
  • Can we make inheritance tax simpler?

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    Inheritance tax (IHT) has existed in the UK for over 300 years. In its current form, it was brought in to replace the old Capital Transfer Tax; a measure that was brought in itself as a form of wealth distribution in order to regulate disparity between rich and poor. Although in concept the idea is quite simple, in reality, the caveats and bureaucr...
  • What is Making Tax Digital (MTD)?

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    HMRC is striving to revolutionise the UK tax system and plans to do that through the Making Tax Digital (MTD) initiative. HMRC wants to be the most efficient tax authority in the world, and embracing the use of digital data appears to be the path towards that. The current system can be scrutinised for not being effective enough, efficient enough or...
  • Can a lack of knowledge of tax rules ever save you?

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    Staying on top of the latest tax legislation probably isn’t at the top of the to-do list of the majority of UK citizens, and that’s understandable. If you were to miss something though, would you be let off? Or would your ignorance turn out to be not so blissful, after all? HMRC agrees that a reasonable excuse can stand as a valid defence for an ap...
  • A universal pension lesson: Start saving as early as you can

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    When it comes to saving for your pension, the old adage repeated to revising students rings true; little and often. Lots and often if you can manage it, but the most important thing is that you don’t try and cram all of your preparation in at the last minute. The earlier you start preparing, the better off you’re going to be. A recent This Is Money...