The Bank of England lowers growth forecast
The Bank of England has lowered its growth forecast for 2017 to 1.7%. Its previous forecast in May was 1.9%. They also cut their forecast for 2018 from 1.7% to 1.6%.
Farrell Financial Planning are independent financial advisers (IFAs) based …
Happy new tax year
Today (6th April) marks the start of the 2017/18 tax year. This means you can now start to utilise your pension and ISA allowances for tax year 2017/18.
In addition to this Lifetime ISAs (LISAs) can be invested in for …
Budget 2017 – a date for your diary
Chancellor Philip Hammond will deliver his budget to parliament on Wednesday 8th March 2017.
The budget would normally set out the government’s financial plan of action for the next few years. However, this will not be the only budget the …
UK house price growth slowest since 2013
The annual rate of growth in UK house prices has slowed to its lowest level in three and a half years, according to the Halifax.
UK house prices increased by 5.1% in the year to February 2017, which is the …
Bank of England cuts interest rates to new record low and restarts QE
The Bank of England has cut UK interest rates to a new record low of 0.25%. This is the first change in interest rates since March 2009.
The Bank of England has also announced it will pump a further £70 …