Deteriorating sentiment as COVID-19 impacts The Royal Institution of Chartered Surveyors recent ‘UK Residential Market Survey’ has reported that despite the residential property market experiencing a notable pickup in momentum at the start of the year, sentiment across the market has deteriorated sharply as a result of the COVID-19 outbreak. The survey highlights that following […]
RATES CUT TO RECORD LOW The Bank of England (BoE) sanctioned two emergency rate cuts during March in a bid to address the impact of the COVID-19 pandemic, leaving interest rates at a historic low of 0.1%. Amid growing concerns surrounding the economic repercussions of the COVID-19 outbreak, the BoE announced an unexpected half a […]
DIVIDEND GROWTH REACHES HIGHS UK companies paid out a record £110.5bn in dividends in 2019, which was 10.7% up on 2018. This may be good news for income investors, although higher payouts will mean more investors are subject to Dividend Tax, unless investments are held in tax efficient wrappers. Ongoing uncertainty around Brexit throughout the […]
