What does the election result mean for your personal finances?

What a few hours it has been! The exit poll has been proved broadly correct, and we now know that the Conservatives will form the next government, albeit with support from the Democratic Unionist Party (DUP). Now that has been confirmed, we can look forward, and ask: How will your personal finances be affected by the result? When the Tories wrote their manifesto a few short weeks ago, they did so in the hope, and probable expectation, of an increased majority. The reality is very different, we can therefore expect some of the ...

Budget 2013: The headlines

Budget 2013 the headlinesGeorge Osborne’s day started with him joining Twitter, whilst in a controversial development his budget was published in the London Evening Standard even before he took to his feet. This was Mr Osborne’s fourth budget since becoming Chancellor and started in a combative tone saying: “This was a Budget for people who aspire to work hard and get on”, that he was “putting right what went so badly wrong” and he was “slowly but surely fixing the problems”. He also recognised that “progress had been ...

Savings: Investment Sense extends best buy tables to include business deposit accounts

Investment Sense extends best buy tables to include business deposit accountsMost people know about the benefits of shopping around for the best buy savings accounts, especially in these times of rising inflation and low interest rates. However, not everyone knows that a business can also open a savings account, to hold any spare capital that their business might have. There are a number of reasons why businesses might hold capital, which is not needed on a day to day basis. For ...

Autumn Statement 2012: The headlines

George Osborne 150pxToday’s Autumn Statement by Chancellor. George Osborne, had the distinct feel of a full on Budget, with wide ranging measures that will affect pension savers, business owners, employees, and pensioners. Despite admitting that he will miss one of the key targets he’d previously set, the Chancellor began his Autumn Statement in a bullish fashion, saying: “Our economy is healing”, “Britain is on the right track” and “Turning back now would be a disaster.”...