Topics covered this week in the attached: UK gilts/government bond conundrum 2014 UK growth highest since 2007, but Q4 slowest quarter of the year Quarterly earnings season begins & Apple records highest ever corporate profit The Art of War in stimulating demand: China gives 39 million public workers a 60% pay rise Are Greek banks… Read more »
Q. I am a pensioner with an annual income of about £13,500. Will I be able to benefit from the new 0% starting rate for tax? A. Yes with any savings income. From 6 April 2015 the 10% rate that currently applies to savings income falling within the starting rate band of £2,880 will be abolished and… Read more »
Q. I have heard that only half of people will qualify for the full state pension when they switch to the single tier pension in 2016. How is this? A. Currently people reaching state retirement age receive a pension made up of two elements. First there is the basic old age pension. Then there is the State… Read more »
Topics covered this week in the attached: ECB credibility restored – but Risk-on/risk-off is back We applaud the ECB – now politicians should “get to work” Bank of England unanimous again in keeping rates low 7.3% Chinese GDP growth disappoints (some) Return of the currency wars? Personal Finance Compass For the Market Comment please click… Read more »
Topics covered this week in the attached: Swiss capitulation Letters to the chancellor Fed “Beige Book” is encouraging amid disappointing retail sales Swiss Franc soars after National Bank drops Euro-peg: A failed game of chicken! Tumbling commodity prices: Harbingers of economic decline or false signal? World Bank cuts growth forecasts Personal Finance Compass For the… Read more »
