The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts. The Monetary Policy Committee voted 6-3 to increase the rate to its highest level for over a decade. The move is intended to curb inflation which has declined slightly but remains stubbornly high at 10.7%. […]
Archives for December 2022
Treasury Committee backs appointment of new FCA chair
The Treasury Committee, the influential House of Commons group of MPs, has backed the appointment of new FCA chair Ashely Alder who will take over at the FCA from February. In its report today on the appointment, the committee wished Mr Alder “every success” in the new role. The committee said it was, “satisfied that […]
Treasury Committee backs appointment of new FCA chair
The Treasury Committee, the influential House of Commons group of MPs, has backed the appointment of new FCA chair Ashely Alder who will take over at the FCA from February. In its report today on the appointment, the committee wished Mr Alder “every success” in the new role. The committee said it was, “satisfied that […]
Furnley House acquires Midlands IFA firm
Financial Planning firm Furnley House, the financial services arm of Superbia Group, has acquired Nottingham-based adviser firm CDG Financial Services Ltd. The deal, for an undisclosed sum, paves the way for the retirement of CDG owner Phil Wort. Corporate lender firm Shawbrook helped finance the deal with initial backing of £3.9m. The funding will be […]
Furnley House acquires Midlands IFA firm
Financial Planning firm Furnley House, the financial services arm of Superbia Group, has acquired Nottingham-based adviser firm CDG Financial Services Ltd. The deal, for an undisclosed sum, paves the way for the retirement of CDG owner Phil Wort. Corporate lender firm Shawbrook helped finance the deal with initial backing of £3.9m. The funding will be […]
World Series champion Dexter Fowler on what he would tell his younger self about money
World Series champion Dexter Fowler on what he would tell his younger self about money
The case for life insurance as a high-inflation hedge
Key insights into small business performance in 2022
While many hoped 2022 would be a year of recalibrating and regaining some certainty, it instead brought more change that small businesses have had to adapt to. We’ve been talking to our customers throughout the year, gathering information on how they’re feeling, how their business is performing, and the key challenges they are facing. Thanks […]