The amount that can be saved in a pension tax free each year – the annual allowance – has been set at £40,000 since April 2014. After the budget on 8th July there will be what is called a post-alignment…
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The global turmoil in stock markets has prompted many economists and bankers to put back their expectations for a September rise in the US Federal Reserve funds rate. Barclays Bank is now predicting a March 2016 rate rise, while some…
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From September 2014 through to June 2015, we witnessed a remarkable stock market boom in China. This Bull Run was supported by the further opening of the Chinese stock market to international investment and by the Chinese authority’s encouragement of…
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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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