#News

UK inflation rate leaps to 2.3%

UK inflation rate leaps to 2.3% Rising fuel and food prices helped to push last month’s inflation rate to the highest since September 2013. Inflation as measured by the Office for National Statistics’ Consumer Prices Index (CPI) jumped to 2.3% in February – up from 1.8% in January. The increase has pushed the rate above the Bank of England’s 2% target. Food prices recorded their first annual increase for more than two-and-a-half years, standing 0.3% higher in February than a…

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Theresa May to trigger article 50 on 29 March

Theresa May to trigger article 50 on 29 March Theresa May will trigger article 50, the formal mechanism for starting negotiations for Britain to leave the European Union, on Wednesday 29 March, the prime minister’s spokesman has confirmed. The UK’s permanent representative to the European Union, Sir Tim Barrow, notified the EU on Monday morning that a letter should be expected on that date. The move will put the UK on course to leave the EU on the same date…

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HAVE YOU FILED YOUR 2016 TAX RETURN?

HAVE YOU FILED YOUR 2016 TAX RETURN? Make sure you maximise your tax relief for 2016.  Even if you have a Permit B and are taxed at source you may be eligible to claim essential tax relief. By completing the below form our advisors will be able to help you file your 2016 tax return and also explain how much tax relief you are entitled to.

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Final salary pension deficit of biggest listed firms in UK ‘hits £137bn’

Final salary pension deficit of biggest listed firms in UK ‘hits £137bn’ Consultancy says combined deficit has trebled from £39bn in previous year despite stock market ending year on high The FTSE 100 ended 2016 at an all-time high. Photograph: Daniel Leal-Olivas/AFP/Getty Images Rupert Jones The combined final salary pension deficit of the UK’s 350 largest listed companies more than trebled to reach £137bn in 2016, despite the stock market ending the year on a high, according to a leading…

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SuisseRock Clients Benefit From Returns of 5.55% in 2016

What returns did you receive on your savings last year? With interest rates so low it has never been more important to maximise your savings to ensure they are working hard for you. Working in Switzerland we all enjoy a healthy income and as a result tend accumulate this capital in our UBS or Credit Suisse accounts. This would be great if they offered 2-3% returns, which would allow you to compound your growth while living and working in Switzerland.…

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