Uncategorized
Deficit Pension Schemes in the UK
Based on recent surveys on various pension schemes in the UK, a worrying trend is developing. This is the increase in deficits faced by some of the biggest companies in the UK in their Defined Benefit Pensions. Based on reports, this deficit skyrocketed to about £460 Billion as of September 2017. This figure, however, dropped…
Continue reading
Where Does Dubai’s Property Market Stand Globally?
It is safe to say that Dubai’s property market has had a slow three years. After a 3-year slump, with average property prices dropping 21 percent from November 2015 to April 2017, analysts believe that the market has bottomed out. Contributing heavily to the market’s position is the strength of the dollar. With the surge…
Continue reading
The stunning collapse of the British pound
Further to the recent Brexit referendum the pound has plummeted against other currencies. So how much lower can it go? Here are some of the more bearish, or pessimistic, forecasts. Below parity Jim Rogers, investor and chairman of Rogers Holdings: “It is going to go down a lot,” he told the BBC in an…
Continue reading
Why Professional Expats Are On The Move
Why Professional Expats Are On The Move Research aimed at explaining why professional expats move between countries has thrown back some baffling results. Close to 200,000 expats were asked about their travels and the results were sifted to put together a list of the top five countries they leave and are attracted to. Four of the…
Continue reading
After Brexit Taxes will Rise
After Brexit Taxes will Rise After UK votes to leave EU, UK is now going from Economical challenges and to deal from these challenges UK Finance minister George Osborne announced that UK have to raise taxes. UK Finance minister George Osborne said that “We are absolutely going to have to provide fiscal security to people,…
Continue reading
UK votes to leave the EU
UK votes to leave the EU With the UK’s referendum concluding in the unexpected result of voting to leave the EU, market sentiment has reacted negatively this morning. Ahead of the referendum, both UK equities and sterling had risen as expectations of a ‘remain’ vote increased. However, the initial reaction as results filtered through overnight…
Continue reading