2 p.m. New York time on Thursday 17 September had been much anticipated by investment professionals around the world. It was the hour when the Federal Reserve Open Market Committee would release its meeting statement, revealing its latest interest rate decision. Ahead of the announcement there had been much speculation that an interest rate 'lift-off'…
Read moreMonth: October 2015
A Miserable Summer It was not just the poor weather that made it a bad summer for investors! Index Third Quarter Change FTSE 100 - 7.04% FTSE All-Share - 6.57% Dow Jones Industrial -7.58% Standard & Poor's 500 -6.94% Nikkei 225 -14.07% Euro Stoxx 50 (€) -9.45% Hang Seng -20.59% MSCI Emerging Markets (£) -15.42%…
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Buy To Let - A Future Tax Trap A close reading of the summer Finance Bill has highlighted a further tax consequence of the government's moves to limit tax relief for interest on buy-to-let mortgages. The July Budget included an attack on individual investors in buy-to-let residential property. As well as abolishing the 10% wear-and-tear…
Read moreThe Chancellor has announced the date of the Autumn Statement. In late July, the Chancellor announced that the results of the Spending Review would be announced on 25 November. At the time he made no reference to the Autumn Statement, probably because the focus was still on his July Budget. However, in the beginning of…
Read moreNew EU rules about succession came into force on 17 August. If you own a holiday home on the continent, new EU regulations on cross-border succession could be important to you, even though the UK has opted out of the legislation. The new regulations will allow you to choose for your overseas property to be…
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