The Bank of England is expected to cut interest rates from 5% to 4.75% on Thursday. However, the next cut may not come until next year. Economists widely expect last week’s Budget will add to inflation, meaning interest rates will be cut more slowly than they otherwise would be.

The Monetary Policy Committee voted by a majority of 8-1 to reduce #BankRate to 4.75%. Find out more in our #MonetaryPolicyReport: b-o-e.uk/mpr-nov-2024

Chancellor announces plans to ease regulations on financial sector to boost growth. She proposes loosening post-2008 crisis rules, shortening banker bonus waiting periods from 8 to 5 years, and creating large pension “megafunds” to drive long-term investment.

UK’s addiction to unhealthy, highly processed food costs £268bn annually surpassing the NHS budget. Research by the FFCC highlights health & financial impacts, including £92bn in government expenses for healthcare, social care, & welfare #healthandwealth ffcc.co.uk/publications/t…

Four takeover offers worth a total of £5.3bn boosted UK dealmaking this week, underlining Britain's position as Europe's foremost destination for mergers and acquisitions this year. Financial Times news.sky.com/story/sundays-…

Two out of five new mortgages taken out in the past three years are set to run past retirement age, data analysed by LCP from the Bank of England shows. It revealed that more than a million mortgages since 2021 run over pension age. inews.co.uk/inews-lifestyl…

St James’s Place joins FTSE 100 professionaladviser.com/news/4385725/s…

General Practice CRISIS NHS England has cut funding by 20% £/patient it has also expected GP practices to provide space for the extra 31000 ARRS staff GP is providing record number of appts But practices are closing, GPs leaving or unemployed Wes Streeting instituteforgovernment.org.uk/publication/ge…

Our Practice Manager was delighted to see children from one of the schools sponsored by St. James’s Place Foundation, enjoying a walk together in Delamere Forest. They arrived in their school bus, their smiling, happy faces saying it all! Princes Primary School #sjpfoundation

Labour MPs have warned Keir Starmer they are prepared to defy the government over its decision not to compensate millions of women affected by the change to the state pension age. The SNP is preparing to force a vote on the issue, and some MPs are willing to lose the party whip

NHS App upgrade to give patients more choice over treatment bbc.com/news/articles/…

Prices rose 2.5% in year to December down from 2.6% the month before, marking first fall in inflation for three months. Drop driven by hotel prices falling and smaller rises in airfares but prices continue to rise faster than ⁦Bank of England⁩ target. bbc.co.uk/news/articles/…

UK equities made headway and gilts recovered this morning after inflation unexpectedly dropped, easing pressure on chancellor Rachel Reeves and paving the way for further interest rate cuts. citywire.com/new-model-advi…

St. James’s Place plc today issues an update on new business inflows and funds under management for the year ended 31 December 2024: ow.ly/kCif50UQ0ux

HMRC says it’s too late to adjust format of the 2024/25 tax return to accommodate changes made to capital gains tax rates in 2024 Autumn Budget. Investors will have to take extra steps to accurately report gains made on assets on or after 30 October 2024. moneymarketing.co.uk/opinion/694090…

Bank of England cuts interest rates to 4.5%. It’s intended to boost consumer spending, but lower base rate can lead to lower returns for savers. bbc.co.uk/news/live/cly5…

When clients make your day… because you made theirs 🙌 #taxplanning #happyclients

⚠️ Beware of the rumours - with speculation about the Autumn Budget growing, caution could be the best approach. Learn more: ow.ly/HMXb50XcWah #Budget #UKEconomy