Wes Wilkes's Media Coverage
Express.co.uk
Experts urge calm as Rachel Reeves eyes £10k cash ISA capThe move, expected in the Autumn Budget, would see the current £20,000 allowance cut
Express.co.uk
Cash ISA update as savers can outfox Rachel Reeves with 4 movesExperts have issued advice as to how to swerve a decision described as “utterly deluded”.
FTAdviser
Calls for change to UK rules as UAE brings in finfluencer licensinghave called for the UK to follow the lead of the United Arab Emirates which requires finfluencers to take out a licence with its regulator.
FTAdviser
Calls for govt to ‘urgently’ solve UK equity outflowsUK equity outflows have been called a “damning indictment” of the perception of Britain by markets.
FTAdviser
‘There’s a real danger we could lock in losses,’ advisers warnAs volatility is looking to become a permanent fixture of Donald Trump’s US presidency, advisers nevertheless “believe in staying the course”.
Express.co.uk
Employers’ key pension move to avoid NI hike as Brits urged to ‘take pay cut’There has been a surge in the number of companies looking to make staff take a pay cut.
Express.co.uk
‘What were they doing for 14yrs’ - Financial experts’ blunt verdict on LabourRather than asking banks for help, Rachel Reeves and her Labour colleagues should already have worked out what they were going to do, argued one expert.
Whitchurch Herald
Fint launched by reality stars Curtis and AJ PritchardReality TV stars Curtis and AJ Pritchard, who come from just outside Whitchurch, have launched an investment app.
The Armchair Trader
Love Island stars launch ETF investment app for Gen ZBrothers Curtis and AJ Pritchard, known for their appearances on Love Island and Strictly, have launched an investment app.
Daily Star
Curtis Pritchard’s life has been anything but ordinary since he danced his way into our hearts on Love Island 2019.
Pound Sterling Live
Businesses Tell Starmer to Talk to Them, Not the RegulatorsAbove: Starmer’s Inheritance speech from August was described as a shower of gloom that rained down on sentiment. “Asking civil servants to create an…
Express.co.uk
Pension funds warned on ‘deeply irresponsible’ move to invest in BitcoinThe row has been triggered by a decision by a trust to advise a UK defined benefit (DB) pension scheme on allocating 3% of their portfolio to holding Bitcoin
Share Talk
Bitcoin nears the $100,000 milestone - Share TalkSince the election, more than $4 billion has flowed into US-listed Bitcoin exchange-traded funds (ETFs)
Moneyweek
Will the Bitcoin price hit $100,000?With Bitcoin prices trading just below $100,000, we explore whether the cryptocurrency can hit the milestone.
Express.co.uk
Gold rush – Price hits $3,000 an ounce before ChristmasGold has surged in price by 40 percent in the past year
Express.co.uk
EU recession crisis as ‘volatile cocktail’ threatens to ‘wreak havoc on markets’The Middle East crisis is threatening to unleash an “an economic tsunami” and “oil market havoc”, warned one industry expert.
FTAdviser
CGT hike may deter ‘risky, high-return opportunities’Increasing capital gains tax could lead to fund managers shying away from 'risky, high-return opportunities', according to Practical VC general partner, Aman Verjee.
Moneyweek
Gold price hits record high – could it soar higher?The gold price has reached a new all-time high, passing $2,500. We look at what’s next for the yellow metal and how to invest in gold
Express.co.uk
Fears over Bank of England interest rates decision as economy ‘roars back’Evidence of strong growth in the economy may give experts on the Bank of England reason to hold back further cuts in interest rates, it is claimed.
Express.co.uk
Interest rates LIVE: Homeowners hold their breath as UK awaits key decisionClamouring calls for interest rate cuts greet the Bank of England this morning as mortgage holders anxiously await a decision from Andrew Bailey later today.
The Intermediary - Latest UK mortgage news
“Waiting for US to cut rates first risks destroying UK economy” – brokersNewspage asked a selection of financial services experts how they would you rate the Bank of England’s performance over the past two to three years
FTAdviser
Half of advisers to increase allocation to private assetsHalf of financial advisers are looking to increase their allocation to private assets over the next 12 months, according to the latest FT Adviser poll for Talking Point.
The Intermediary
Bank of England slammed as UK stands on brink of recessionBrokers have accused the Bank of England of strangling the UK economy as new data shows that GDP shrank in the third quarter of the year.
The Intermediary
UK residential transactions decrease in October 2023, with a slight rise in non-residential deals, HMRC reportsHMRC’s latest statistics show a downturn in UK residential property transactions in October 2023 compared to last year, while non-residential transactions saw a modest increase from September.
The Intermediary
Financial services and property experts urge Bank of England to leave rates on holdFinancial services have almost unanimously urged the Bank of England to leave rates on hold at tomorrow’s MPC meeting, and most are expecting it to do exactly that.
The Intermediary
Wage growth slowing quickly enough for the Bank of England to keep interest rates at 5.25% next month, economistsThe deceleration in wage growth is expected to influence the Monetary Policy Committee’s (MPC) decision on the Bank Rate next month, according to economics research firm Pantheon Macroeconomics.
London Loves Business
Flat start to FTSE 100 on Tuesday as stocks ‘at the mercy of the macro’The fortnight-long rally for the FTSE 100 is beginning to dwindle and the magical 8,000-point mark isn’t going to be reached any time soon. Having
Yahoo News
Bank of England set for last interest rate hike but odds on pause riseThe BoE is likely to pause on hiking interest rates further after Thursday’s decision.
Express.co.uk
Andrew Bailey’s ‘shambolic’ performance exposed as BoE ‘behind the curve’EXCLUSIVE: A finance expert has said you only have to look at the US to see how ‘woefully behind the curve’ the Bank of England is in its battle with inflation.
The Intermediary
Wage growth outstrips inflation but unemployment rises, ONS figures showWages have outpaced the consumer price index (CPI) inflation rate, which fell to 6.8% last month.
BirminghamLive
NatWest issues 24-hour warning to customers as it follows HSBC leadEarlier today, the high street bank announced a series of rate cuts across its residential and buy-to-let mortgage ranges
London Loves Business
UK advisers and wealth managers divided on Grayscale Bitcoin court winUS-based crypto-asset manager, Grayscale, this week won a court ruling against the Securities and Exchange Commission (SEC) over its attempt to launch a
FTAdviser
Less than a third of adviser clients familiar with thematic investingThe majority of adviser clients are not familiar with the term thematic investing, according to the latest FTAdviser Talking Point poll.
Business Telegraph
Savings warning as ‘millions of pounds lost’ in zombie accounts despite interest rate riseExperts are warning Britons that “millions of pounds in interest is being lost” in zombie accounts despite interest rates rising significantly over the past year. Savings accounts have benefited from the...
BirminghamLive
‘Zombie bank account’ warning to UK customers who risk losing thousandsYou could be missing out on decent returns by leaving your cash sitting in a current account or low-paying savings account, experts are saying.
FTAdviser
Millions could be lost in ‘zombie’ accounts, advisers warnNeglected bank accounts paying poor interest rates could be costing savers millions of pounds, advisers have warned.
FTAdviser
Millions could be lost in ‘zombie’ accounts, advisers warnNeglected bank accounts paying poor interest rates could be costing savers millions of pounds, advisers have warned.
London Loves Business
‘Millions of pounds in interest being lost’ in Zombie accounts as rates riseFinancial advisers have warned that rising interest rates are resulting in millions of pounds in interest being lost in “Zombie bank accounts.” Zombie
Express.co.uk
House price meltdown warning ahead of Bank of England’s next interest rate moveEXCLUSIVE: Another interest rate rise from the Bank of England will spark a housing market meltdown, a finance expert has said.
IFA Magazine
“Geographic arbitrage increasingly common” as Brits plan to spend time abroad to reduce energy bills and cost of livingA new survey of 2000 people, conducted by investment comparison site Investing Reviews, has revealed that 42% of Brits would prefer to leave the UK and live
FTAdviser
Advisers worried about inflation impact on multi-asset portfoliosThe impact of the continued sticky inflation on multi-asset portfolio is a worry for advisers, according to the latest FTAdviser poll for Talking Point.
IFA Magazine
Financial advice firm, Net-Worth NTWRK, celebrates 10th birthdayNewcastle-under-Lyme-based financial services firm, Net-Worth NTWRK, is this week celebrating its 10th birthday. The wealth manager, launched in 2013, is
The Intermediary
UK labour market shows mixed trends amid economic uncertaintyAn ONS estimate for April 2023 indicated a decrease of 136,000 in the number of payrolled employees, bringing the total down to 29.8 million.
IFA Magazine
UK labour market data - “first fall in the number of payrolled employees for over two years is a red flag” - reactionFollowing the publication of the latest UK labour market data this morning, advisers and other industry experts have been sharing their thoughts with free PR pl
Industry.fashion
Industry reacts to NEXT results: “It’s doing everything investors could ask of it in a difficult retail environment”We gathered commentary from experts and analysts to gauge their reaction and gain insight into how the future looks for the high street giant.
The Scotsman
Inflation headache: More interest rate pain on horizon as 'brutal economic struggle' continuesIt was a case of inflation deja vu as new figures showed annual price hikes stuck in double-digit territory
The Intermediary
Interest rates to return to low levels once inflation calms, IMFThe IMF’s World Economic Outlook says rates are likely to head back to the historic lows if the country gets on top of inflation.
IFA Magazine
Supplement or substitute - How do advisers view ChatGPT’s potential impact on financial services?AI technology is without doubt the future we are heading towards. However, what that future looks like is still unclear. How will AI be used? Will it repl
FTAdviser
How advisers are battling increasing cost pressuresThe effect of rising energy and labour costs is hitting everyone, and advisers are not immune.
IFA Magazine
Bank of England interest rate decision – Comments from mortgage brokers, IFAs and wealth managersThe Bank of England has raised the base rate to 4%. The minutes report that the MPC believes inflation has peaked. Newspage asked mortgage brokers, wealth ma
Mortgage Professional
UK GDP falls in Q3 – more than initially reportedHouseholds have responded to the falling economy by saving more
The Intermediary
Should the Bank of England raise interest rates later today? Brokers give their takeThe Bank of England is widely expected to increase interest rates by 0.5% today as the cost of living crisis continues to plague the country.
IFA Magazine
Should the Bank of England increase interest rates today? advisers and mortgage brokers give their verdictsIt is widely anticipated that, in their pursuit of trying to curb double-digit UK inflation, the Bank of England’s MPC will today decide to hike interest rates
IFA Magazine
ONS report into wages and inflation - professional and scientific sectors keep pace, retail, property and finance sufferSince May to July 2022, the professional and scientific industry has been the only one where regular wage growth (excluding bonuses) has remained higher than in
Professional Adviser
Advisers pragmatic on 'likely' 0.75% rate riseIFAs and financial planning specialists are sharing their views ahead of what has been forecasted to be the biggest interest rate hike in more than 30 years.
Financial Reporter
How will tomorrow’s rate rise decision affect mortgages? - brokers reactThe Bank of England is expected to raise rates by 0.75% at its next meeting.
PeopleManagement
Job satisfaction doesn’t equate retention for SMEs, research revealsCommentators say SMEs are not given enough credit for levels of job satisfaction but will ‘struggle’ competing with larger firms for talent
Freelance Informer
Freelancers: get prepared for more fiscal U-turns, IR35 reform uncertainty - Freelance InformerThe new Chancellor Jeremy Hunt is not shy when it comes to giving bad news. So, freelancers should prepare for more fiscal changes
B&C
Bank of England expands gilt purchase operationThe Bank of England has today (11th October) announced that it will widen the scope of its daily gilt buying operations to include purchases of index-linked gilts.
IFA Magazine
UK labour market data: “We are seeing an increase in enquiries from people who have been dismissed” - reactionAs we digest the release of the ONS labour market data published this morning, the following comments give some interesting insight into the real temperature
IFA Magazine
BoE widens gilt purchase operations to include index-linked gilts - reaction from advisers, investment and wealth managersThis morning, the Bank of England has announced that it will widen the scope of its daily gilt purchase operations to include purchases of index-linked gilts,
The Intermediary
Unemployment hits 47-year low - ONSJust 3.5% of UK adults were unemployed in August 2022, down from 3.6% in July, the latest figures from the Office for National Statistics (ONS) show.
Proactive Investors
FTSE 100 in the red as Bank steps in againThe UK blue chip index under pressure again as investors face combination of concerns
Financial Reporter
Bank of England doubles government bond purchase limits in further support measuresThe Bank of England has announced additional measures to support market functioning and support an orderly end of its purchase scheme which is in the final week of operations.
CityWire Wealth Manager
MPS Investment Committee: Wes Wilkes, founder and managing partner at IronMarket tells us why they have taken on more cash...Wes Wilkes, founder and managing partner at Iron Market tells us why they have taken on more cash and government bonds. ‘When reflecting on my previous article, which was written in the very early parts...
IFA Magazine
Bank of England announces additional measures to support market functioning - reactionThis morning, the Bank of England has announced a series of additional measures to support the government bond market, including the launch of a Temporary Expan
Evening Standard
FTSE 100 Live: BoE intervention to reach £65 billion; further drops in opening tradeThe Bank of England’s intervention in the UK government debt market was expected to cost £65 billion, with £5 billion in bond buying every day for a further 13 days.
IFA Magazine
Do we need to rethink the risk around asset classes & the ‘lifestyling’ in pensions? verdict from IFAs after a turbulent...Worries about interest rate volatility following Chancellor Kwarteng’s (not so) mini-budget, as well as rising rates and the huge turbulence and concerns in th
B&C
Industry reacts to Bank of England’s gilt market operationYesterday (28th September), the Bank of England (BoE) announced it will carry out temporary purchases of long-dated UK government bonds to restore orderly market conditions.
Evening Standard
FTSE 100 Live: BoE intervention to reach £65 billion; further drops in opening tradeThe Bank of England’s intervention in the UK government debt market was expected to cost £65 billion, with £5 billion in bond buying every day for a further 13 days.
Londonlovesbusiness
Pound crash: Emergency rate hikes and UK company becoming takeover targetsThe news that the Pound has hit a record low this morning against the greenback, and is moving every closer to parity, has sent shockwaves in the City, Markets and beyond. Here’s…
IFA Magazine
Sterling slump: “A Government and central bank pulling in opposite directions is the stuff of a banana republic” - advisers...In response to concerns about the impact of Chancellor Kwarteng’s latest plans for tax cuts, in Asian trading overnight, Sterling hit a record low his morning