We take a look at some of the recent activity and events taking place in the UK and globally. For a more in-depth insight into how things may impact on your own financial planning priorities, please do get in touch. Enjoy a financial conversation as part of your regular financial planning review at SewellBrydenGunn.
Child Care costs in the UK are shown to be excessive compared to our European neighbours. At times reaching an average 40%pc of income, Child Care costs in the UK could be seen as another “tax on working families at the higher rate” since they are not tax deductable. Other countries appear to subsidise childcare costs and some do this to a considerable extent, it is reported…..
New UK high speed rail link proposal receives a mixed response…..
Collateralised Loan Obligations (CLO) (structured products) reported to be starting to gain favour again with European banks. Bundled packages of corporate loans, which have primarily been used to fund leveraged buyouts, are set to appeal to large investors prepared to take on some risk in return for high yields. The CLOs must be meet the new cenral regulations …..