Fed's Geopolitical Inflation Warning Signals Prolonged Global Pressure Recent commentary from a senior Federal Reserve official, reported by The Wall Street Journal, has shifted the market's focus squarely back to the persistent threat of inflation. Federal Reserve Governor Lisa Cook stated that the conflict in Iran and its resulting shock...
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4% Savings Rule UK: How It Works Before the Tax Year Ends
Understanding the 4% rule for UK savings and tax As the end of the tax year approaches on 5 April, many UK savers are reviewing their finances. A common piece of guidance that circulates is the so-called '4% rule', which relates to the tax treatment of savings interest. This isn't...
NS&I Compensation Explained for Affected UK Savers
NS&I compensation: what savers need to know If you have savings with NS&I, the government-backed provider, you may have heard about a recent issue affecting thousands of customers. This guidance explains what happened, who might be affected, and what the process for compensation involves. It’s important for UK savers to...
NS&I Savings After Death: How to Claim a Deceased Account
What happens to NS&I savings when someone dies? When a saver passes away, their funds held with National Savings and Investments (NS&I) should be returned to their estate. However, a recent issue highlighted that NS&I, the government-owned savings bank, has faced challenges in tracing the families of some deceased customers...
Oil Market Volatility Surges After Iran Intervention, Impacting UK Fuel Costs
Oil market volatility surges after US-Israeli intervention in Iran According to a report from Le Monde, global oil markets have experienced record volatility and intense speculation since the start of a US-Israeli military intervention in Iran. The conflict has triggered a sharp surge in Brent crude and diesel prices, with...