Mini Budget 2022
New Chancellor, Kwasi Kwarteng, announced a sweeping package of tax cuts in his mini-budget last week – the biggest the UK has seen in the last half-century. Below we have outlined the main measures.
Basic rate income...
Eldon’s ’20 miles for 20 years’ Ullswater challenge
On Friday 30th September, the Eldon team completed their ’20 Miles for 20 Years’ challenge, with a 20-mile hike around Ullswater Way.
The purpose was to celebrate 20 years of the firm’s existence, with the funds raised...
UK CPI at 10.1%
Rising inflation has been a theme of 2022, and September’s inflation figure has now been announced, with the Consumer Price Index (CPI) at 10.1%. According to the Office for National Statistics, this has been driven by...
Lost Pensions
People are being encouraged to take action to trace their lost pension pots, with almost three million pots worth a total of £26.6 billion not currently matched to their owners.
The Pensions Policy Institute has published...
Autumn Statement 2022
The new chancellor, Jeremy Hunt, revealed the Autumn Statement on the 17th November. A summary on the headline points is provided below:
State Pension
The Triple Lock for the State Pension is being reinstated, with State...
Interest Rate Rises
In response to rising inflation, the Bank of England has been increasing the Base Rate and in November 2022 this rose to 3%. As a result, savings rates have been increasing steadily, and are now at the highest levels for...
Winter Newsletter & Christmas Hours
With 2023 fast approaching, we’ve been reflecting on the changes that 2022 has brought to us and our clients. The year started with a challenging outlook for investment markets, exacerbated by various unexpected...