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The Growth Plan 2022
How have pensions and investments been affected?
From the perspective of Will Cox - pensions transfer specialist at Littlewick Wealth Management
Understanding the political and economic climate is an important part of business decision making in every sector. However, business owners are often too busy to analyse and process what is going on around them.
That’s why SiGNAL are launching ‘Emma’s Topical Ten’, a series of ten minute interviews that look at current events through the eyes of a business owner in a particular sector. We hope that the series will help to keep you fully informed with everything you need to know for your business.
Episode 1 The New Government and The Growth Plan for 2022 - Presented to Parliament Sept 23 2022
When newly selected PM and Chancellor Truss and Kwarteng presented their Growth Plan to Parliament it caused a great deal of controversy, not least within the Conservative Party itself.
The sudden announcement of drastic unfunded tax cuts for the wealthy combined with cuts to welfare sent markets into freefall and in the days that followed the pound fell to record lows, the IMF sent a stern warning to the UK government and the BoE responded with quantitative easing measures to try to steady the ship.
But what did small business owners in the housing and financial sectors make of the economic and political rollercoaster? And with their expert knowledge of finance and housing what advice do they have for us?
You can find out more about Will HERE