After the chancellor autumn statement yesterday afternoon and receiving a document from my financial advisor. I asked if there would be any impact on us.
This was the response I got back –
“The NI cut will help Claire as of January. Should be a decent monthly difference to take home pay.
Savings rates are looking good, with Cash ISAs and Premium Bonds preferable (as tax is starting to touch on people’s earned interest). Largely, with inflation cooling as hoped, interest rates should have peaked, then we’ve seen some a very good turnaround this month for you portfolio (4%ish just during November) helped by some positive comments from the US Federal Reserve backed up by the Bank of England recently. So sentiment seems to have moved a lot and the outlook is improving. Fingers crossed for a better year ahead.”
Hopefully this will be case after a bumpy ride this year with the markets.
Happy to recommend my financial advisor too.
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