Tag: Finance
Debunking Common Myths in The World of Finance
You Need Lots of Money to Start Investing You may have heard people say you need copious amounts of money lying around to start investing. Although there is some truth to this, it isn’t the entire story. In reality, you could start investing with as little as £1 thanks to fractional shares and some brokerage…
The 3 Big changes in the Spring Budget
On Wednesday the 6th of March, Jeremy Hunt announced in Parliament what the Spring Budget will contain. This is expected to be the final budget ahead of an expected summer general election. Taxation The National Insurance tax will be reduced by 2%, on top of the 1% cut in the Autumn statement, for both employees…
India: Fastest Growing Economy in 2024
In the final three months of 2023, India’s GDP increased by a staggering 8.4%, going over and beyond analyst’s predictions of 6.6%. This places India as the fifth largest economy globally, with a GDP of $4.113 trillion. By 2027 they are set to rise to third place, overtaking Germany and Japan, who currently have GDPs…
Spring Budget 2024- What to Expect?
On the 6th of March 2024, UK Chancellor Jeremy Hunt is set to give an announcement regarding the UK’s financial plans and changes. After looking through various verified sources, finding the most common predictions for what Jeremy will announce, and making sure other sources also corroborate their claims, here is a summary of what we…
UK Chancellor To Sell Large NatWest Stake: Throwback to 2008 Financial Crisis
According to the Guardian on Wednesday 28th February, UK Chancellor of Exchequer Jeremy Hunt announced that he would look to sell the remaining 39% of the government’s stake in NatWest. During the 2008 financial crisis, the government gave a bailout to many banks by buying a substantial proportion of their stock. This was necessary to…
The FinTech Industry: Uncovered
What is a FinTech? FinTech, or Financial Technology refers to up-and-coming technology that looks to improve, or radically change the delivery of financial services. In the past 5-10 years, the number of FinTech startups almost doubled to 26,000, and in 2022 the global market revenue for this industry was USD 257.26 billion, and by 2030…
