Pound rebounds as ONS admits recession forecast was wrong

ghello. The pound is rallying as its early Friday rally saw it briefly erase all the losses it has suffered since Kwasi Kwarteng began his speech last Friday. It comes…

Pound falls again as Bank rules out emergency rate hike

VSChancellor Kwasi Kwarteng must do more to reassure markets about his plans for the economy after the pound’s fall, a senior adviser to Liz Truss has said. Gerard Lyons, an…

Pound falls to lowest since 1985 as Kwasi Kwarteng delivers mini budget

ghello. All eyes are on Kwasi Kwarteng today as he prepares to unveil a series of tax cuts in his mini budget. Economists at the Institute for Fiscal Studies said…

Bank of England set to announce big interest rate hike – live updates – The Telegraph

Bank of England set to announce big interest rate hike – live updatesThe Telegraph What to watch for in the BOE rate decisionBloomberg Markets and Finance UK households risk £3bn…

The trust whose dividend has increased for 56 consecutive years

While the June dividend increase of 2.6% is miles away from the current inflation rate and we cannot expect the current year increase to be in the 10 %, we…

Jacob Rees-Mogg cuts business energy bills in half

ghello. All eyes are on the Business Secretary this morning for details of a multi-billion pound support package to help businesses cope with soaring energy bills. Jacob Rees-Mogg is set…

Interest rates are expected to climb to 3.75% by the end of the year – live updates

ghello. China is spending record sums on Russian energy as it continues to increase its dependence on the Kremlin in the wake of the war in Ukraine. Beijing paid a…

Four personal finance rules that need an overhaul – Articles

Some of the best-known rules of thumb in personal finance have lost their usefulness. While it’s helpful to have a starting point for a housing budget or savings goal, or…

Can gamification help teach personal finance?

Every month a new survey seems to come out showing how ignorant most Americans are about both personal finance and the stock market – most recently, 8 in 10 adult…