"Household savings rates have again reached levels that were first seen over a year ago as hopes grow that they will provide a cushion for middle income families who face enduring the most of higher expenditures over the next twelve months.

House prices and pension pots have both risen significantly, despite the economy not yet at its pre-Pandemic Level. A rise of 8.4% last year compares to a rise of 3.3% in 2019. The rise is double the average over the past ten years.

The effect of inflation on savings will moderate the rise in the next twelve months, while asset prices, particularly house prices, level off.

The much-vaunted trade deal between the UK and U.S. is still not agreed, as President Biden is concerned over the situation over the Northern Ireland Protocol and what the outcome of invoking Article Sixteen would have on the peace process.

While Biden doesn’t wish to hold the deal over the heads of the British Government, he is concerned about recent developments.

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Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.