UK unemployment has fallen to a 7 year low during Q3 2015 according to the Office for National Statistics (ONS). The number of people out of work fell to 1.75 million, a reduction of 103,000 between July and September. Within the UK economy there were 31.21 million people in work which is 177,000 more than
The Enterprise Investment Scheme (EIS) was set up to assist smaller, higher-risk companies raise capital by offering a range of tax reliefs to investors who purchase shares in those companies. Individuals who invest by subscribing for shares in an EIS can obtain income tax relief of 30% of the cost of the shares, in the
Christmas is less than two months away – hooray! Britain absolutely loves Christmas; you only have to look at the amount we spend every year for evidence of that. According to a report, UK shoppers spent £680 each on festive goodies in 2013, totalling a mind-boggling £43 billion. That spending shows no sign of slowing
Speed of Sight… Mike Newman achieved his 8th world record despite being born completely blind, by driving a racing truck at 120.04 miles per hour! Foresight actively support Mike in his record breaking endeavours. Simon Booth, Lissa Horton and Ben Mulroney were in attendance to watch Mike achieve his latest world record at Elvington Airfield.
Today saw the long anticipated judgments of the Supreme Court in two family law cases, which will have significant implications in cases where spouses fail to reveal information and be open about their true financial position. In the case of Sharland v Sharland the husband and wife had both given evidence at a final hearing
In only the second time since 1960, the rate of inflation in the UK has turned negative. According the Office for National Statistics the Consumer Price Index (CPI) dropped 0.1% annually. The Bank of England has warned that this weak pricing will persist in the economy into 2016. Petrol prices, along with clothing and footwear,
Following the release of the minutes from the last Federal Reserve meeting global markets are broadly higher. The minutes reflected caution over the timing and pace of interest rate rises in the US. This, according to Fed officials, is due to the growing risk to the US economy, mainly stemming from China. European equities are
The government wants to stop business owners being paid via dividends to reduce tax bills. This flies in the face of risk & reward for running a business & contributing to the economy. Life as a business owner means very long hours, low pay, stress, no holiday or sick pay & a life of uncertainty
We were recently invited by Sean Anstee, the leader of Trafford Council, to a select meeting of 250 of the region’s movers and shakers to hear George Osborne’s plans for the Northern Powerhouse. Mr Osborne explained his vision to redress the balance of power between the North and South and the exciting developments that he
If you own a holiday home in France, recent changes now mean you can leave the home to your chosen beneficiaries rather than having to comply with heir-ship rules. Previously, local laws dictated who could inherit and in what proportions. This has effected many people, including the turkey mogul Bernard Matthews who died in 2010 with
Foresight is a trading style of Foresight Independent Financial Planning Ltd, which is authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register No. 612587 at www.fca.org.uk/register/ Registered in England and Wales No. 05897811 Registered Address: Richmond House, 1a Heath Road, Hale, Altrincham, Cheshire, WA14 2XP The guidance and/or advice contained within the website is subjected to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk