Now is the time to plan your financial future
As the UK economy continues to flounder possibly the last thing on your mind will be financial planning for the future. However, with interest rates lower than ever before and banking finance very scarce on the ground maybe now is the time to review your financial affairs and get them in order for the future. It is quite literally time to batten down the hatches and arrange your finances for what could be one of the most difficult periods in the recent history of the UK economy.
There are so many issues to consider including mortgages, pensions, loans, savings, employment prospects, insurances as well as financial planning for your family. These are all issues which need to be addressed on a regular basis and you should seek professional financial advice to ensure you are moving in the right direction.
There is no point looking back at the end of 2009 and wishing you had realigned your financial affairs in relation to the ongoing economic situation in the UK. Now is the time to act and now is the time to ensure you are doing all you can to protect your assets, your savings and your future.
Share this..
Related stories
Average energy bill set to hit £200 in January
Experts are predicting that the average energy bill in the UK will hit a record £200 in January with thermostats turned up and central heating switched on for longer. This is the price of the cold snap which the UK is currently going through and is set to hit the older generation much harder. When you also consider that there is serious concern about the supply of gas to the UK, let alone the...
Read MoreFashion group Alexon rejects bid approach
Alexon, the fashion clothing group which owns brands such as Ann Harvey and Bay Trading, has today announced receipt of an unsolicited approach for the business. While the offer has been rejected out of hand and no details of the proposed terms released many believe this is a sign that investment capital is returning to the market and the UK retail sector could be over the worst.
Wh...
How long will it take for the UK economy to recover?
The last few days have seen an increase in the number of sectors struggling to survive and companies making direct appeals to the UK government for state aid. We have seen the banks continue to struggle, retailers overtaken by their online rivals, the construction industry literally falling to its knees and even the once "safe" PFI sector has had to be bailed out by the UK authorities. So how long...
Read MoreFTSE 100 hits a 15 month high
While many investors are concerned that the UK stock market is pushing to levels not seen since the Lehman Bros collapse, there is renewed vigour in the markets today with a rise of 35 points in early afternoon trading. However, does the economic environment and prospects for the UK economy really justify a move back to such levels? One factor which many people often ignore is that the UK stock...
Read MoreNorthumbrian Water Issues Alert to Customers
While their charges are fixed until 2010 due to an agreement with OFWAT it seems that many customers of Northumbrian Water will see a sharp rise in their bills once the agreement runs out. The company has issued a statement confirming a major rise in energy costs and the need to make substantial investment into a number of areas, including flood prevention.
This is yet another blow...