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Good news only, please

Further good news is that Rolls Royce has won a $2.7Bn order from budget carrier Norwegian Air for a package of new Trent 1000 engines and service support for 19 new 787 Dreamliner aircraft. This is just as well because it looks like the order book for Rolls Royce limousines to oil Sheiks will be slowing down. What a shame.

This week, Google, which is now part of our day-to-day language and activity, showed an impressive share rise by 6%. This pushed its market capitalisation above Apple making it the most valuable Company in our solar system, and possibly beyond.

Lastly, Mark Carney, Governor of the Bank of England has said UK interest rates will remain low until well into next year, and I know many of you will be unhappy about that. Would you like to be happy again? Call us as we have several solutions and will find one that suits you and your circumstances best.

‘Til next time, I’m off for a drive with the family, because I can and cheaply.

Time for action? Call us.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Will your income be cut by the new dividend tax?

Blacktower Financial Management TaxMany ex-pats are still suffering from the cuts in income that have taken place due to the very low interest rates they continue to endure on their savings.

Well brace yourselves for more!  Any of you who rely on dividends from shareholdings to supplement your income are about to see a whole new look to the tax regime associated with them.

Dividends are annual cash payments made to holders of certain shares, they provide a vital source of income to many pensioners who rely on savings in retirement. The way dividends are to be taxed is to change from April 2016 and will see basic-rate taxpayers subject to a new levy of up to 7.5 per cent.

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