President Trump is set to announce on Wednesday global tariffs that he says will combat unfair trade treatment by other countries and make sure American exporters remain competitive. On Monday, the Office of the United States Trade Representative released a wide-ranging report on foreign trade barriers that could hint at some of the trade battles the Trump administration aims to …
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Bigger stamp duty bills for some home buyers as discounts shrink
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Stamp duty discounts have shrunk, adding thousands of pounds to the costs paid by some home buyers. The …
Read More »Price points where April 1 stamp duty changes could hit hardest
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Some home buyers face higher stamp duty costs from Tuesday, and website Rightmove has calculated the impact at …
Read More »Monzo muscles in on home insurance market to target underprotected renters
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth Monzo has become the first UK digital bank to launch contents insurance as challengers continue to take on …
Read More »Barclays saw contactless spending hit record level in 2024
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth A record 94.6% of eligible in-store card transactions were contactless last year, according to Barclays. Transactions were considered …
Read More »American Wealth Is at a Record High. Sentiment Is Low, and Falling.
America is more prosperous than ever. U.S. household net worth reached a new peak at the end of 2024. The unemployment rate has levitated just above record lows for three years. The overall debt that households are carrying compared with the assets they own is also near a record low. But even a land of plenty has its shortcomings, influencing …
Read More »Estimates Imply That Tariffs Could Fall Heavily on Consumers
President Trump has said that his aim in imposing tariffs is to force companies to move production back to the United States. If manufacturers make their goods in America, he argues, they won’t have to pay the tariffs. But the latest revenue projections proffered by his administration call into question what Mr. Trump wants to achieve with the tariffs he …
Read More »What the government must do to develop the ‘investing culture’ they want
Rachel Reeves, and the wider UK government, want to encourage and develop what they call the “culture of retail investing” across the country. Whether through Individual Savings Account (ISA) reform, encouragement through taxation or some other means, it appears the leaders will make a renewed push to get members of the public keen to invest their money once more rather …
Read More »Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
President Trump’s sweeping tariffs are expected to raise the cost of cars, electronics, metals, lumber, pharmaceuticals and other products that American consumers and businesses buy from overseas. But Mr. Trump and his advisers are betting that it can sell an inflation-weary public on a provocative idea: Cheap stuff is not the American dream. “I couldn’t care less if they raise …
Read More »Savings protection limit could be increased to £110,000 later this year
Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The deposit protection limit for savers if their bank or building society fails could be raised by £25,000 …
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