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From Victoria's Desk
The sun is out but is the change to a new government shining on the UK economy? Inflation is holding steady at 2%, giving us hope that the Bank of England may look to reduce interest rates soon (good news for those needing to borrow money). Initiatives for pension reform, workers’ rights, rental reform and new building projects aim to help build UK growth and benefit the individual. We’ll see how these play out over the coming months and years but there are some positive moves in there.
Key Articles I Have Read This Week:
BBC coverage of latest inflation figures which have remained static at 2% which provides some hope that interest rates may start to come down which is good news for borrowers: Read it here
This Is Money summarised the changes to pensions included in the Kings Speech. Read it here
Investment Markets This Week:
Based on open source data 19 July 2024
Best Cash Interest Rates This Week:
Based on open source data 19 July 2024