A chartered financial planner at Alderley Edge-based Clarion Wealth Planning has begun a mentoring role as a ‘Big Sister’ for a local teenager. After undergoing training earlier in the summer, Clarion's Ella Davies (pictured) will mentor a Year Eight pupil as part of a year-long programme from … [Read more...]
News for: Finance
Food price rises put inflation back above 10%
The Office of National Statistics’ (ONS) Consumer Price Index (CPI) measure of inflation rose to 10.1% in September, returning to its July high with continued steep rises in food and drink prices. The 0.2 percentage point increase from August’s inflation figure was significantly driven by rising … [Read more...]
Government support with business and domestic energy bills begins
Schemes to support both businesses and households with rising energy bills have come into effect from 1st October. Businesses, charities and public sector organisations will be protected through the Government’s Energy Bill Relief Scheme from October, with all businesses who have entered into a … [Read more...]
Alderley Edge financial planners announce sponsorship of young golfers
Alderley Edge financial planners, Clarion Wealth Planning, have announced a three-year sponsorship of a professional junior golf coaching programme. Clarion is giving its support to the Cheshire Union of Golf Clubs as it looks to develop the county's next generation of golf pros. The most … [Read more...]
Chancellor announces series of tax cuts in plan to target 2.5%
Chancellor Kwasi Kwarteng has unveiled a series of major tax cuts for individuals and businesses with the announcement of his Growth Plan. In a series of announcements heralded as a ‘mini-budget’, the Chancellor has set out his ambitions for reaching 2.5% growth and to secure sustainable funding … [Read more...]
Interest rates rise to 2.25%
The Bank of England's base interest rates have risen to 2.25% after its Monetary Policy Committee voted in favour of an increase of 0.5 percentage points. Despite being at their highest level in over a decade following the 2008 financial crisis, interest rates remain well below the double figure … [Read more...]
Government outlines plans to cut business energy bills
Following an announcement earlier this month, Prime Minister Liz Truss has announced further details of plans to protect businesses from rising energy bills. Coming into effect from October 1st, the Energy Bill Relief Scheme will cap non-domestic electricity and gas unit prices will be capped at … [Read more...]
August inflation dips slightly to 9.9%
The Office for National Statistics' (ONS) Consumer Price Index (CPI) has recorded a 0.2 percentage point dip in August in the annual rate of inflation on the previous month’s high. The latest ONS data reveals inflation remains high, but dipped slightly to 9.9% year-on-year price growth, down on … [Read more...]
Clarion Wealth Planning accelerates carbon neutral plans
Clarion Wealth Planning is accelerating its plans to become carbon neutral as part of a new initiative called Best Service, Best Workplace, Best World. The company had been aiming for carbon neutral status by next April but is now expecting to achieve the milestone by the autumn. Clarion, … [Read more...]
Inflation exceeds 10% for first time since 1980s
The latest ONS Consumer Price Index (CPI) has seen inflation hit 10.1% in July, the first time the measure has hit double figures since 1982 according to historic estimates. The rise in the CPI, which indicates year-on-year increases in price, reflected price rises across all parts of the … [Read more...]
Research finds pensions seen as safer than houses for retirement
Analysis of ONS survey data by Handelsbanken Wealth & Asset Management has found that twice as many workers see occupational or personal pensions as a safer way of saving for retirement than property investment. More than half (57%) of retirement savers who are still working believe pensions … [Read more...]
Sixth consecutive rise brings interest rate to 1.75%
The Bank of England’s Monetary Policy Committee has again agreed to increase the base interest rate to 1.75%, its sixth rise since December 2021. Economists at the Bank of England voted 8-1 in favour of the 0.5 percentage point increase, putting rates at their highest since January 2009 at the … [Read more...]