News

  Happy Easter everyone and I hope you all managed to enjoy a bit of sunshine even during lockdown. Investment Week have just released an interesting article about the amount of cash that the average FTSE 100 company holds. ‘The average FTSE 100 firm has enough cash to operate for 20 months without incurring [...]

  As advised in our previous news story, due to the dramatic reduction in work for understandable reasons, we have now placed 50% of our Administration team on Furlough Leave for 3 weeks commencing today. Whilst the number of Administrators has reduced, our commitment to our clients remains the same and we are very [...]

Morning and Happy Easter to everyone. At least the sun should be shining and the weather glorious. It’s a shame we wont be able to go anywhere but it could be worse. Anyway, the Board of Directors met yesterday to discuss the ongoing crisis engulfing the world and the continued lockdown with its knock [...]

8th April 2020 'The Greatest Fear is that of the Market Going Up and Not Participating in the Rise Rather Than The Market Going Down' This is an article from Brewin Dolphin regarding the markets and the fear and greed index. The markets have rallied a little in the last few days, but the [...]

3rd April 2020 One of our most popular individual funds we use is the Fundsmith Equity fund. It’s a very concentrated fund with 29 stocks and managed by Terry Smith. He set the fund up 8 years ago and it now managers c£18BN and is a global equity fund that focuses on quality company’s [...]

Update from The Pensions Regulator (TPR) The TPR have issued an update to Trustees of Defined Benefit Pension Scheme (final salary schemes) that focuses on what they should do during this present crisis. Part of the guidance is around transfers out of DB schemes which may affect some of our clients. Trustees should give [...]

Well, the first weekend is over since the announcement of the lockdown and it is incredibly quiet on the roads which shows that people are heeding Government advice about self isolating. The stock market was down -6% on Friday and was giving back some of the gains made during the week. Currently the FTSE [...]

During yesterdays update, Rischi Sunak announced that a scheme has been set up to support the UK's self-employed affected by the Coronavirus outbreak. Please see details of this below: This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for [...]

Markets were slightly up yesterday with the expectation that the US would finally agree their financial package, which they did in the early hours. However, hot on the heels of that the US announced 1000 deaths from Covid 19 so we will see how that will play out today. Currently FTSE 100 is flat [...]