News & Insights

Done & Dusted

These disappointing figures fuelled speculation that interest rates will not rise until 2016 at the earliest having been frozen at 0.5 per cent since March 2009. 

The expectation that rates will stay lower for longer has been encouraged by the low-inflation environment. The UK March consumer prices index rate of inflation stayed at the 0 per cent recorded in February – despite forecasts falling petrol prices and the supermarket price war would turn the rate negative.

The impact of very low interest rates continues to reverberate around the financial system. For example bond markets are showing signs of increasing volatility and can no longer be relied to be either a safe haven or a predictor of economic activity. Companies are buying back shares using cheap loans rather than investing for the future, whilst certain badly run hedge funds are taking excessive risks with borrowed money and leaving their investors with the downside when things go wrong. 

With little hope for savers that their money will earn them a good rate of interest sitting in a Bank, or invested in government bonds, be it in the UK or Europe , now is the time to speak to the investment specialists at Blacktower. We are here to help you find the right solution to make your money work for YOU.  

by Christina Brady, Regional Manager Costa Blanca

Other News

How to Get a Mortgage in Spain as an Expat | Blacktower

How to get a mortgage in Spain as an expat Buying a property in Spain can be a life-changing development and help you to achieve new goals. The main challenges for British expats are understanding how to get a mortgage in Spain, navigating Spanish mortgage rates, and ensuring that all of the documentation is properly […]

Read More

Savers hit again

The Bank of England has dealt a blow to savers, but there is good news for borrowers. The base rate has been slashed to 0.25% as part of a raft of measures introduced to stave off the threat of recession after the Brexit vote. This is the first cut in seven years. 

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information:

You are currently viewing the Blacktower Financial Management EU website.

You may be looking for the Blacktower United States website.

Blacktower United States > X Stay on this site

Or choose your country.