- Home
- About us
- Our Services
- Personal Financial Planning (Individual & Family)
- Corporate Advice
- Meeting With Our Clients Remotely
- DGS Portal
- Meet the team
- News & Views
- Contact Us
After five successive smaller rises, last week saw the Bank of England’s Monetary Policy Committee (MPC) up the ante and increase Bank Rate by 0.5 percentage points, the biggest rate hike since the MPC was established in 1997.
Read More
Last week saw the International Monetary Fund (IMF) release its latest economic assessment and forecast for the global economy. Following the effects of the pandemic and Russia’s invasion of Ukraine, the IMF now expects growth to slow to 3.2% in 2022, a downgrade of 0.4 percentage points from its previous publication in April.
Read More
Retail sales edged lower last month as people reduced their fuel consumption, while households continue to struggle with fast rising prices. According to the most recent Office for National Statistics (ONS) data released last Friday, retail sales volumes fell by a smaller-thanexpected 0.1% in June; economists surveyed in a Reuters poll had widely expected a […]
Read More
Data released from the Office for National Statistics (ONS) last week shows how the UK economy returned to growth in May, recording expansion of 0.5% during the month. After shrinking in April and March, the growth experienced in May was higher than the flat growth widely anticipated by economists polled by Reuters.
Read More
Political news came thick and fast over the last week or so. Following Boris Johnson’s resignation last Thursday, a timetable for succession has now been announced by the 1922 Committee of backbench MPs, with potential contenders already jockeying for position as the race to replace the PM begins. The economy and the cost-of-living crisis are […]
Read More
Despite a combination of economic and inflationary headwinds, homebuying demand remained strong during Q2 according to the most recent Homebuyer Hotspot’s Demand Index from GetAgent.
Read More
UK retail sales contracted in May as consumers reduced their spending, according to data released by the Office for National Statistics (ONS) last Friday.
Read More
The Monetary Policy Committee (MPC) voted to raise Bank Rate last week, hiking the rate from 1% to 1.25%, the fifth consecutive rate rise. The MPC voted six to three to raise the rate by 0.25 percentage points, with the members in the minority voting for a 0.5 percentage point rise to 1.5%. Pushing the […]
Read More
The release of the latest Economic Outlook from the Organisation for Economic Co-operation and Development (OECD) last week, highlighted that global GDP is now projected to slow this year to around 3%, remaining at a similar pace next year.
Read More
Over the last week, the Queen’s Platinum Jubilee celebrations largely dominated the news. The extended bank holiday weekend provided an opportunity for people and communities throughout the UK to come together to celebrate the historic milestone.
Read More
” I am not trying to claim we have solved the entire problem for everyone… no government could”
Read More
Inflation continues its ascent, with the Consumer Price Index (CPI) rising to 9.0% in the 12 months to April 2022, up from 7.0% in March, according to the latest data from the Office for National Statistics (ONS). Rishi Sunak addressed the Confederation of British Industry last week, following release of the latest data saying, “the […]
Read More
With challenging financial and economic news in abundance, there are some good signs at least for the UK car industry. Recent analysis from the Society of Motor Manufacturers and Traders (SMMT) has shown that sales of used cars in the UK increased by 5.1% in Q1, with 1,774,351 cars changing hands.
Read More
Interest rate rises were big news last week on home shores, across the pond and in Australia, as central banks acted in an effort to curb inflation. The Monetary Policy Committee voted by a 6-3 majority to increase Bank Rate by 0.25 percentage points to 1%, with further tightening expected in the coming months. Interestingly, […]
Read More
The US economy contracted in Q1 as surging inflation and supply disruptions weighed on output. A slower pace of inventory investment by businesses also weighed on the growth of the world’s largest economy, as did fading government stimulus. The 1.4% decline in gross domestic product in the first quarter marked a sharp turnaround from the […]
Read More
As expected, the latest data set from the Office for National Statistics (ONS) highlighted that consumer spending, impacted by rising costs, led to a reduction in UK retail sales throughout March. As people tightened up on nonessential spending, retail sales volumes fell by 1.4% in the month following a decline of 0.5% in February. This […]
Read More
Speaking in Washington DC prior to the release of the International Monetary Fund’s (IMF) biannual World Economic Outlook this week, Managing Director Kristalina Georgieva previewed her thoughts on the global economy. Opening her speech, she declared, “To put it simply: we are facing a crisis on top of a crisis… First, the pandemic: it turned […]
Read More
During a week when the news agenda was again dominated by harrowing scenes from Ukraine, the government unveiled its long-awaited Energy Security Strategy. The new plan places renewed emphasis on nuclear power along with an increase in wind, hydrogen and solar production, and aims to boost UK energy independence and tackle rising prices.
Read More
Last Thursday, major news broke as Joe Biden ordered an unprecedented release of crude oil from America’s Strategic Petroleum Reserves to tame rising energy costs. In an attempt to combat what the US President branded “Putin’s price hike,” he issued the release of one million barrels of oil per day from May, totalling 180 million […]
Read More
Rishi Sunak opened the Spring Statement on 23 March by speaking about his admiration for the Ukrainian people, commending the strength of the UK economy to help fund their army and impose sanctions on Putin’s regime. The Chancellor warned that actions against Russia are costly and present a risk – not just to the UK […]
Read More
Last Thursday, as highly anticipated, the Bank of England (BoE) announced the third increase in Bank Rate in four months, placing more pressure on household finances. The Monetary Policy Committee (MPC) members voted by an eight to one majority in favour of the 0.25 percentage point rise from 0.5% to 0.75%, in a bid to […]
Read More
With a week to go until the next fiscal event in the government’s calendar – the Spring Forecast Statement on 23 March – new research from the Institute for Fiscal Studies (IFS) has highlighted its belief that the Chancellor has some big decisions to make in the face of soaring living costs and new economic […]
Read More
Last week, as the invasion of Ukraine entered a second week, the President of the World Bank declared the situation “a catastrophe” for the world. Although David Malpass stressed his biggest concern is “about the pure human loss of lives” he also highlighted the economic impact of the war, which, although devastating for Ukraine, also […]
Read More
‘Freedom Day’ in England was overshadowed last Thursday as Russian President Vladimir Putin ordered the invasion of Ukraine, with troops attacking the country from the north, south and east. The European Union hailed the invasion as one of the darkest hours for Europe since World War II, warning Russia will be hit with ‘massive sanctions.’ […]
Read More
Storms Dudley, Eunice and Franklin swept the country over the last week or so, causing major disruption. With trains and flights cancelled, schools and venues closed, people were urged to avoid travel and to stay at home. The economic impact will no doubt be felt as people hunkered down to stay safe.
Read More
DGS Independent Financial Advisers Limited is registered in England and Wales. Company number 03784035
Registered and trading address: 2 Crown Buildings, The Green, Chingford, London E4 7EX
Authorised and regulated by the Financial Conduct Authority under reference 225814
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.
Not all products and services offered are regulated by the FCA. For further information and to check each firm’s registration details, please visit the FCA using the link below.
The Financial Conduct Authority is the main regulatory body for the financial services, general insurance and healthcare industries http://www.fca.org.uk/
The Financial Ombudsman Service provides consumers with a free, independent service for resolving disputes with financial firms http://www.financial-ombudsman.org.uk/
If you have any questions relating to the information contained in this page, please contact us at enquiries@dgsifa.com
Should you wish to make a complaint about any aspect of the service we provide to you, you can do this by writing to enquiries@dgsifa.com or by telephoning us on 020 8524 8521 where we will try to resolve your concern at the earliest time possible. A summary of our internal complaints handing procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financialombudsman.org.uk or by contacting them on 0800 023 4567
