In the recent July budget, legislation was introduced to provide for an additional main residence nil rate band for an estate if the deceased’s interest in a residential property, which has been their residence at some point and is included…
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Estate Capital’s 9th Annual Croquet Challenge Cup took place in Uplands in July and raised £670 for the Lords Mayors Charity Appeal which will be doubled thanks to Barclays Corporate who arranged to match the fund raising. Six local companies…
Read more... On 8 July, George Osborne delivered the first Conservative Government Budget for 19 years. Many headlines had already been flagged-up in advance so there were no immediate surprises. As usual ‘the devil is in the detail’ however, in this article…
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The Organisation of Petroleum Exporting Countries (OPEC) is expecting to leave oil production levels unchanged at 30 million barrels per day despite concern, in some quarters, that the oil price is well below US$100 per barrel. Saudi Arabia wishes to…
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The Russian economy not surprisingly contracted by 1.9% in Q1 because of low oil prices, weaker domestic spending and the heavy trade sanctions imposed from the West. The ECG expects Russia to contract by 4.5% this year and by 1.8%…
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The Mumbai Sensex Index hit 29681 to reach an all-time high at the end of January but has since given up some of these gains. As at writing it stands at 26768, a 10% decline, but still up on the…
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Latin American markets have come under pressure due to concerns over the timing of US interest rate rises, a rising US$ value, and disappointing economic data from Brazil. Weakness in the Brazilian equity market was accentuated by a sharp drop…
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The fortunes of the BRIC economies (Brazil, Russia, India and China) are diverging. Slower growth in China appears to be both planned and inevitable. As the economy decelerated further, interest rate cuts look likely. According to the IMF and OECD,…
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‘Falling income automatically raises questions over debt repayment’ Emerging markets (EM) have been going through a general slowdown over the past 12 months. A falling income stream automatically raises questions over debt repayment. The growth in emerging markets post economic crisis…
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