Matthew Tumbridge
@matt_tumbersIndependent Financial Adviser. FS, no BS.
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Thank you to all my customers who have left the feedback, resulting in me making the @VouchedFor Top Rated Advisers in today’s @thetimes
UK inflation accelerates sharply to 2.3% in October ft.com/content/5ff4d3… via @ft
BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says ft.com/content/88ed1d… via @ft
Not see this widely reported, but it should be: theguardian.com/business/2024/…
Attended a roundtable with a senior former government minister recently where Mansion House reforms were discussed. Savers barely mentioned - only 'pension funds' needing to justify tax incentives. Important to debate the risks of using other people's money to boost UK growth.
Isn't one of the FCA's jobs to protect consumers? Not cheerlead the government's push to get savers invested in whatever it wants
The Chancellor said in her Mansion House speech last night that she's written letters urging regulators in the City, like the Financial Conduct Authority, to focus more on growth. FCA chief exec Nikhil Rathi tells @FelicityHannah how 'radical changes' have already been made.
Apparently the Chancellor will tell regulators to dial up risk later. Earlier today a Judge effectively concluded that the regulator has a poor track record on spotting a scam vs a risky investment: theguardian.com/business/2024/….
If you are one of the 26m in a (non council) workplace pension affected by the Chancellor’s second announcement, you should seek independent advice. It’s almost certainly bad news for you, but you can do something about it. Mesaage me. ft.com/content/0b5a0e… via @ft
How to not lose money in the stock market: 1: Wait longer
"We continue to be surprised by the US economy," says @MinneapolisFed President @neelkashkari "3 or 4 years ago, if you had said to me, 'We're going to raise interest rates by 500+ basis points.' I would have thought that was going to slam the breaks on the economy."
Free investment advice: Visit this place if you are in London. 🐟
Amazon steps up effort to build AI chips that can rival Nvidia ft.com/content/3d9b5c… via @ft
China fixes renminbi at weakest level in more than a year ft.com/content/22dbc1… via @ft
UK public sector pay awards to overtake private sector for first time in four years theguardian.com/society/2024/n… and don't forget public sector pensions
We’ve released our new article, Who are the hybrid workers? While the trend in working only from home has fallen since 2021, a hybrid-working model (part travelling to work, and part at home), has become the ‘new normal’ for around a quarter of workers ➡️ ons.gov.uk/employmentandl…
Hybrid working is more common among those who are: · aged over 30 years · parents · working as managers or professionals in industries that require less face-to-face contact Having higher qualifications is a factor too.
Those who worked from home on a given day, compared with those who worked away from home, spent an average of: · 24 minutes more on ‘sleep and rest’ · 15 minutes more on ‘exercise, sports and well-being’ (data from Time Use Survey, March 2024) ➡️ ons.gov.uk/employmentandl…
Consumer anger over high prices piles pressure on politicians ft.com/content/115a49… via @ft
This might sound, and for a bit, look good… but... Lower company taxes and reduced red tape to make the UK somewhere growing companies want to be is what’s needed
Reeves targets using £350bn council pension pot to boost UK economy on.ft.com/3AxUb8l
Nvidia passed Apple on Tuesday to claim the top spot as the biggest company in the world, with a market cap of $3.43 trillion. But did you know that they were once just 30 days away from going out of business? Here's the story of the tech giant: entrepreneur.com/business-news/…
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