Monthly Archives: March 2017

From CPI to CPIH

Consumer price inflation measures the rate at which the price of certain goods and services rise or fall. Until 21 March 2017, the Consumer Prices Index (CPI) was the UK’s headline measure of inflation; from that date, however, it changed to CPIH, which includes housing costs. CPIH is not designed to capture house-price rises; instead,… Read more »

Government U-turn on NICs

One week after unveiling a controversial increase in National Insurance Contributions (NICs) for the self-employed at the Spring Budget, the Government performed an unexpected U-turn. In a letter to the Chairman of the Treasury Select Committee, Chancellor of the Exchequer Philip Hammond announced that planned increases to Class 4 NICs would not take place during… Read more »

Budget Snapshot 2017

The Budget is a report presented each year by the Chancellor of the Exchequer to Parliament and the nation. The primary role of the Budget is to control public finances by setting out how much tax the Government will collect, how much the Government will borrow and how much the Government will spend. The Budget… Read more »

Mid-caps lead the way in February

UK equities rose during February, led by a strong performance from medium-sized companies. The FTSE 250 Index climbed by 3.7% over February as a whole and hit new highs during the month, boosted by a revival in investor confidence following the Brexit referendum and by a rally in the value of the pound since its… Read more »