The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
In the current environment, it has become difficult for a lot of people to save as much as they would like. With this in mind, WEALTH at work, a leading financial wellbeing and retirement specialist, has prepared these tips as the basis for strengthening your finances.
“Planning how to pay for retirement is one of the biggest financial decisions people make. It is important to understand all the options, make informed decisions, and avoid making expensive mistakes with their hard earned savings,” says Jonathan Watts-Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist.
As 2024 draws to a close it is important for people to reset their finances and goals for the year ahead. Factors that impact your finances could have changed significantly over the previous year, so it's always a good idea to regularly review.
On Monday, US President Trump was re-elected and sworn into office. In his inaugural address, he emphasised priorities such as strengthening immigration and border security, expanding the United States’ presence in space, and introducing tariffs to protect American businesses.
UK headline inflation eased to 2.5% year-on-year in December, down from 2.6% in November. Core CPI, which excludes volatile components like food and fuel, also slowed, declining from 3.5% to 3.2%.