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Economic Review September 2023

By Jenny Procter

Download your copy here. Rate-hike pause as inflation dips Last month, the Bank of England announced a pause in its long run of interest rate rises following an unexpected dip in the UK headline rate of inflation and ‘increasing signs’ that higher rates were starting to hurt the real economy. Following its latest meeting, which … Continued

Your big goals and how good financial planning can help

By Jenny Procter

As financial professionals, it’s very easy for us to start by looking at the products our clients may need: the pension, the investment plan, the right insurance policy. We spend our working lives considering the detail of these products, and we know they are the solution to many of our clients’ challenges. But as a … Continued

Sheldon Flanders & Pearl Rose insurance partnership announcement

By Jenny Procter

I am very pleased to announce that Sheldon Flanders Financial Services is now able to offer our clients a full range of employee benefits. We are partnering with Fiona Amadi of Pearl Rose Insurance who specialises in offering group life insurance, health care and income protection policies. Fiona will work closely with the Sheldon Flanders … Continued

Economic Review – August 2023

By Jenny Procter

Download your copy here UK growth rate exceeds expectations The latest gross domestic product (GDP) statistics revealed that the UK economy grew more strongly than expected in June, although more recent survey data does suggest a renewed contraction looks ‘inevitable.’ Official data released last month by the Office for National Statistics (ONS) showed the economy … Continued

UK inflation rate declines

By Jenny Procter

Download your copy here Data released by the Office for National Statistics (ONS) showed the UK inflation rate fell by more than expected in June, leading analysts to predict that interest rates are now likely to rise less sharply than previously feared. The latest inflation statistics revealed that the Consumer Prices Index (CPI) 12-month rate … Continued

Economic Review June 2023

By Jenny Procter

SFFS_Economic_Review_June_23 Download your copy here Inflation persistence forces rates higher The Bank of England (BoE) has sanctioned another hike in its benchmark interest rate after citing ‘significant upside news’ which suggests inflation is likely to take longer to fall back to the Bank’s target level. Following its latest meeting, which concluded on 21 June, the … Continued

Signs of optimism in global economy

By Jenny Procter

Download your copy here Although the global economy continues to face significant headwinds, statistics released during the first few months of this year have revealed unexpected signs of resilience. This has led economists to begin upgrading growth forecasts, while the World Economic Forum’s latest Chief Economists Outlook reported signs of ‘nascent optimism.’ Growth stronger than … Continued

May 2023 Economic Review

By Jenny Procter

Download your copy here. UK growth forecasts upgraded Revised projections released last month by both the Bank of England (BoE) and International Monetary Fund (IMF) suggest the UK economy is now set to avoid recession this year. The BoE’s latest forecast predicts the economy will grow by 0.25% across the whole of 2023, a significant … Continued

Recent signs of economic resilience

By Jenny Procter

You can download your copy here While the latest gross domestic product (GDP) statistics revealed that the UK economy stagnated in February, recent survey evidence paints a more positive picture with signs of ‘encouraging resilience’ and ‘growth momentum.’ Official data released last month by the Office for National Statistics (ONS) showed that the economy saw … Continued