PM May created ‘blind trust’ to control her investments…so we have no idea what is in it

Opposition parties have pushed for the PM to disclose her finances and wealth after it was discovered she had set up a “blind trust” to handle her investments. A “blind trust” allows a way for a person to keep a stock and share portfolio away from the public gaze and a private matter. The use of this type of financial arrangement, might feel like a one rule for us and one rule for them, to the general public struggling to...

Happy New Year! Pound slumps after May’s recent hard-Brexit comments

PM May’s first major interview of 2017 sent the pound into free fall after she made comments hinting at a “hard-Brexit.” She told Sky News that the UK will not try and keep “bits of EU membership.” During the interview she said: “Often people talk in terms as if somehow we are leaving the EU but we still want to kind of keep bits of membership of the EU. We are leaving. We are coming out. We are not going...

Managing money stress this January

Managing money stress: 8 top tips to help manage your finances Almost half of people in the UK are said to be suffering from stress in some form and the most common cause of this stress is money. Yet, if you are feeling that money is an issue for you then you don’t need to suffer in silence. There are things you can do to wrest back control. Here are eight top tips for you to try… Have a spending...

5 Important Principles for Successfully Investing in Forex

Everyone who joins Forex expects to get the best results at the end of the day. However, the outcome depends on the different formulas one employs when trading. The truth is that there is no single formula for trading in forex. It all depends on a combination of many techniques characterized by balance, talent and being mindful of trends. This article is to remind people who are trading about the key principles of successful Forex trading strategies. The Right Approach...

Binary Options Trading – The Truth

Binary options trading has become all the rage. It provides people who have no previous experience with finances the opportunity to make money through the Forex and commodities markets. Binary options trading basically gives you a “yes” or “no” option. You predict whether a trade will appreciate or depreciate over a defined period of time, and if you are right, you profit. It might sound to you like nothing more than a gamble, which is why there are those who...

Why The Potential Gold Slump Will Be Temporary, Hence Presenting a Buying Opportunity

The price of gold has been volatile in recent weeks mainly due to the upcoming US Federal Open Market Committee meeting, during which a decision on the US interest rate will be made. Gold started the second full week in December dipping to a nine-month low. And it’s likely that the yellow metal will remain volatile for some time, at least until investors figure the best path following the FOMC rate decision. Given a handful of positive data regarding the...

What happens if I can’t afford to pay HMRC?

Your company is in debt, and your main credit is the most intimidating and powerful of them all: HMRC. What can you do, as a director, if your business owes money to HMRC that it just can’t afford to pay? MGJL has helped distressed companies manage their debts (including HMRC arrears) since 2007. Over the years, they have helped numerous companies recover from dire financial situations that involved serious tax debts to HMRC. Being in debt to HMRC is a...

The benefits of having a prepaid business account

From high tech to heavy industry, many of the world’s most successful businesses depend on credit to survive, operate and thrive. But an increasing number of businesses are letting credit take a backseat to prepaid business cards, at least when it comes to employee spending. Prepaid business cards, like the Prepaid Mastercard offered by icount, have become a popular alternative to credit cards for many UK businesses, both small and large. Companies tout their ability to reduce fraudulent spending as...

Why your business needs a forensic accountant

For any business owner, the key to success is simple: knowing where your money comes from and where it goes. Whether you sell a product or offer a service, having a deep understanding of your business’ finances gives you more power to make informed, effective decisions that fuel growth and help make each quarter more successful than the last. The stronger your understanding of your business’ finances, the more capably you’ll be able to operate and grow. Enter the forensic...

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